Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1889-02-21
COMMERCIAL RESUME

COMMERCIAL RESUME
srec'a' to the Gazette.
NEW YORK, Feb. 20.-Railway stocks
to-day closed as follows:
Fort Worth and Denver, 94I6.
Texas and Pacific Is at 8934.
rs at 375G
st. Louis, Arkansas and Texas rs at
90.
Houston and Texas Central Is at 1925.
Missouri. Kansas and Texas IS at911I.
Gulf, Colorado and Santa Fe gold SIS
at 81.
Money, 2 per. cent.
Silver, quiet.
Sterling firm.
Governments steady.
Oil, 9I18
Cotton quiet.
Coffee 10 to 20 points higher.
Wheat duh and irregular.
GOVERNMENTS, STOCKS AND BONDS.
NEW YORK. Feb 20-The stock
market to-day showed a little animation
accompanied by considerable strength
during the first hour, Bat after that time
il sank into midsummer dizziness with no
movement or feature of any kind, and
the net result days operations is to leave
prices in most Cf the list practically I'M
changed from those of last evening.
Operators were still awaiting news from
the conference at Chicago, and transac-
lions were restricted to the smallest
limit as there was little expectation that
ANYTHING could be known during the ses-
sion Of the hoard, and while none was
received there was rumors and
talk in plenty, and that was
principally of bearish nature.
The assertion that the Interstate asso-
citation was a failure being repeated in
several shapes, the market closed dull
and firm at best prices, and generally at
small fractions better than last evening s
prices.
Railroad bonds shared the dizziness
with stocks, but were comparatively
more animated. The movement while
generally for fractions was quite irregu-
lar, and the final changes are about
equally divided between gains and losses.
Government bonds dull and steady.
State bonds dull and without feature.
MANCHESTER COMMERCIAL STATEMENT.
MANCHESTER, Feb. 20.-The Guardian
III ils commercial article says: A de-
cidediy quiet and often slow market is
reported on ali sides Some orders for
India and China staples were executed at
previous prices, but they were not num-
erous nor important. Producers Of
India goods generally show much slow
ness and are little concerned in the con-
tinued slack of demand. However, the
desire for first contracts is becoming
marked and encouraging news from
India is anxiously awaited. China mer-
chants bought cautiously in small
quantities. The demand for staple
clothes in all departments is weak.
Exceeding cOstlIness of yarns dispOses
manufacturers TO stop their looms and
lessons supply. Few orders were placed
for export yarns. Inquiries were re-
ceived from India, China and Japan.
Some India business was done
with difficulty at Fridays prices,
but scarcely any business was
executed for the far east. There
was occasional sales for the continent,
although the demand was generally
slow Home manufacturers buy in
tFihing quantities TO supply their needs.
The tone of cloth is quiet and
prices are firm. Current quotations are
mostly so poor that manufacturers are
more inclined to lessen production than
to accept lower rates. The tendency
rather seems to be upward than down.
ward except for good India shirtings
where there may occasionally be a little
room for reduction. Shirtings of all
kinds rule firm Other eastern fabrics
may occasionally be bought slightly under
Friday : best prices. Paintings ana
other furnishing cloths are dull and firm.
Heavier cloths are steady with quiet and
slow demand chiefly for small quantities.