Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-06-04
SPECULATIVE.
Revival of Discussion on the SILVER
Question Indicates Better Times.
Operators Anxiously Awaiting the Courts
Decision on Trusts.-AlI Dealings We're
for Better Figures.
Special to the eaz.tte

| Specialize the Gazette.
| New YoRE. June S.-Early morning prices
were higher than yesterdays closing. The re-
rival OF the discussion Of the silver bill in The
senate suggested to many that there might be
| better times ahead. and buyers were plenty
| enough to carry pri ces up. 1t would seem as
though the bears must have accomplished about
all the destruction possible, but the new and ex-
tenslve lines of shorts going out would seem to
indicate that the bears themselves hold a
different opinion. They must work Quickly If
the silver bill should be passed while their shorts
are uncovered, the consequences might be I'M
pleasant. But the bears, undaunted, took hold
again to-day just the same, and hammered the
INST down. There was also without doubt some
long selling by holders, who either cannot or do
not wish to wait any longer for further
rise. Trading was duller than on any day for
long time. Silver bullion certificates were
strong in the face of weakness of the general
market This was due to the revival of the agi-
tatlon OF the silver question. The strength of
vanderbilt stocks through all this is remark
able. New York Central sold to-day at the
highest price it has touched in nearly two years.
Others OF TINS group were very strong. They
were almost the only stocks on the list which
showed an advance for the last week. Sugar
rehnertes certificates were distinctly weak feat
ures, and fell over points in the first hour.
This was on reports that the decision of the
court OF appeals sustaining Judge Barrett's de-
clslon relative to the iegaity of the trust would
soon be announced. false report sent to
a private brokerage house was published on
the street to the effect that the decision
had been rendered in the case this morning
No such decision was rendered, nor will it be
to-day, SO it is officially announced The recent
aovance OF 81 points IN sugar has been all wiped
out except points within the past week That
Is beautiful record, and is worthy of memo
RAJ tablet OF some sort in the stock exchange.
noon, and ii began to look as if the bottom Of
the reaction had been reached, and as if the
market would resume its upward course.
Private dispatches from Washington stronplv
pointed to early action on the silver question,
Money was much easier. Shorts were the prin- |
clpal buyers, but many persons were evidently |
buying stocks on the idea that prices will soon |
be higher. Nearly the whole list showed ad- |
vances. many OF them over per cent. |
washington 9uinlan, the operator who dis |
is paying his debts in full with interest.
The Missouri, Kansas and Texas closed at |
about the highest prices. Advance was helped |
by news that general passenger agents of west
ern roads at meeting this morning adopted |
new passenger rates, which will be restored |
both east and west of the Missouri river
Reports OF grain shipments are very encour-
aging. Roads running east from Chicago have
oeen carrying such amounts of grain as they
have never carried before.
sARAToeA's STOCK EXCHANGE.
Special to the Gazette.
SARATOGA, N. T., June 8.-The decision in
the case of the people VS.. the North river refin-
ng company was not handed down to-day as
vas expected. There apparently was no basis
or che rumor circulated in Wall street that a
iecision would be handed down to-day. There
vas q big crowd in waiting TO deal in sugar trust
certificates at the opening Of the stock exchange
day, and in the first minute sales were made |
II the way from 705 to 711s in different parts of
he crowd. Then a dispatch was published stat
ng that the court of appeals had handed down |
decision sustaining the Judgment of the lower |
ourts against the trust, and on this dispatch |
very one tried to sell at the same time, and the |
rice dropped to 67jz. 1t was soon discovered |
hat the dispatch which caused the break was |
Incorrect, no decision having been passed down
q the sugar trust case by the court of appeals |
o-day, and the market for certificates rallied !
harply The food of long stock continued to |
our out. however, and the price again Welded "a.
eaehing to 81 before the decline was ieaeqts =
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