Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-12-09
ON WALL STREET.
Stocks Active and Weak, Ranging From
IA to 8 Per Cent Decline.
Tight Money and the Appreciation Of More
Failures Caused Operators to Deal
Cautiously Throughout the Day.
COMMERCIAL RESUME.

sTeciel TO the Gazette.
New YORK, Dec. 9.-Nouey-Stroug
to-day, the lowest and closing rate was
per cent. the highest was d of l per
cent per diem in addition to the legal
rate.
Exchange-steady. 81. sl15@4.S5.
sugar-Redned. steady; cut loaf and
crushed, G34c; raw nominal.
Silver, 81. O2 per ounce.
CofTee-Spot lots steady; fsir Rio car
goes. zoe. Futures closed to 10 points
lower.
Cotton-spot lots steady. Middling
uplands, 9slc. Futures closed TO 6
points lower.
Wool-Dull at previous prices.
Wheat-Options were mo ieratelv &C.
tive and Irregular, closing weak Is@l14c
lowrr. Spots closed steady.
HIdes-Firm: Buenos Ayres, dry,
l2lac; dry Texas, &c.
Stocks-Were active to-day, but prices
weak during the greater part on appre-
heasion Of failure and extreme tightnesS
Of money. Prices went down on almost
every selling movement, and at the close
were near the lowest OF the day, declines
ranging from T. per cent.
Atchison, -.
The drv goods market was fairly ac-
tive, with prices steady.
RAILROAD BONDS AND CERTIFICATES.
Denver, Texas ana Fort Worth certifl-
Gates, 81.
Fort Worth and Denver IS, %.
AtchisOn general mortgage AZ, p.
AtChison incomes. 49,.
Kansas and Texas rs, 70Is.
Kansas and Texas 2's, 81.
Missouri, Kansas aud Texas pc, 81.
Missouri, Kansas and Texas rs. 7O1%.
81. Louis, Arkansas and Texas rs. 20.
Texas ana Pacific rs. S42i.
Texas and Pacific 2's. 26l,
CoTroN-FUTUREs AND SPOTS.
Srecia TO the Gazette.
NEW ORLEANS. La, Dec &. - At
wood. Violet * Co.. say:
Futures Their is no disguisln. the
fact that the financial tronble in the
North, tight money in the South and the
instability OF the exchanges in New
York and New Orleans is bringing about
state of things that is causing an accu-
mutation of cotton with but little In sight
at the moment TO relieve the stringency.
More sellers than buyers generally bring
tut one result. We consider actual cot
ton in u very weak position in this
country.
Our New York information to-day
from three houses predicts lower prices
Port stocks, which two weeks ago were
~ 900 below last year, are to-day 1000
Gheai. Another evidence of rapid ac-
oumuiation is the port receipts to-day,
which are 81 ,095, against As ,203 last
year. MIddiing and below was reduced
to-day 1sc.
+. o. b No demand, buyers unable to
negotiate their exchange, and prices
asked by country sellers too high. Sales
29,00O bales.
Spots-Damand small, Offering more
plentiful than usual, factors anxious to
sell at to-day's official quotations. Sales
since noon Saturday $3.50 bales.
GOVERNMENTS, STOCKS AND BONDS.
NEW YORK. Dee. S.-The stock market
to-day was again very active and irrsgu-
lar, but on the whole weak, and while
the movement shows no uniformity, the
majority of final changes are losses. The
mnrket, however, is decidedly strong,
although the temper was such as 10 show
with any real iuducemeut TO buy coupled
with reasonable assurance that money TO
carry will be forthcoming, there will be
an extensive demand for all good stocks.
The opening was up above Saturdays
prices from l to 80 per cent, Rock
Island, Missouri Pacific and graugers
generally leading the Improvement. Re-
action, however, set in. All the leading
stocks soon lost early improve
ment, and as the pressure was kept up
without interruption, the losses from the
highest figures extended 81. per cent in
Missouri Pacific.
The tghtness in che money market
pnssed away toward delivery hour and it
became known that 81 900. 900 gold had
been ordered frGm London, which again
forced shorts to covering AMI prices
moved up rapidly in some stocks. In
final dealings the improvement was in
sufficient to wipe out the loss OF the day,
except in . few stocks. Among these
latter stocks which lead the early ad-
vance were more conspicuous, and soms
of them closed with material gain on
Saturdays price. The market was act
i've and strong ct the Close, but most
stocks are left below SATURDAYS figures.
Government bonds dull and firm.
State bonds entirely neglected.