Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-05-24
SPECULATIVE.
R,i,o Authorizes a Statement Concern
tbe Richmond and West Point.
+ :: Thought GOuld is About Ready to Cry
sTpouzhu on the Rate War and Resort
to Other Tactics to Get Even.

gresal 10 the Gazette
! NV YoRK, May 23.-The remaining 80 per
49,, rDoB certificates OF subscription to the
y,,.opri Kansas and Texas sos, OOO, 600 fund
vnb,rscsiysd by the Central trust company
r-,s in cssE or in per cent. first consolidated
b,-5, with August l, 1898, and subsequent
.r,ors attached. at SIl6I 30 for each $1,000 bond,
,,5 interest will ceass on and after that cate.
/ calvin T. Brice authorizes the following state
-,,rt ,bout the affairs of the Richmond and
1 v-.,t Paint Terminal company: 81 have great
4 ,,15Spnre in the strong position now occupied
Vtbs COMPANY and in the recent plan. I be-
i..vs when the position and policy of the direc-
tors is fully understood STOCK VIII sell aI very
75sb higher figures Iwish it distinctly under
s,1rd both for Gen. Thomas and myself, that
President Inman, Gen. Thomas and have been
lsrre BUYERS Of the stock in the past Teek, and
tbsi We are now larger holders than at any time
tfsvear We have been advocates OF the policy
al selling no stock Of the company except TO
Ihsreholiers in pro rata to their holdings
All accounts from the West are to the effect
tha, the rate war is about at an end. President
Cakes Of the Northern Pacific railway said tins
morning he was in receipt of information that
matters were almost arranged so far as the
Northern Pacific and Michigan Central were
concerned and he believed from what he knew
that Gould was about satisfied that further
continuance Of the rate war was futile. What
ever Is done will be done with full recognition
fiat the Union Pacific and Northwestern agree
m5nt is to remain in force. The Atchison and
fan Francisco deal only strengthens their posi-
ton Mr. Cakes thought it probable that Gould
might not look with favor on the Atchison move
rtlt but It was not likely that he would con-
TGer 4 continuance OF the rate war the best way
TO get even. The purchase of the San Francisco
cannot be set aside any more than the North
western and Union Pacific agreement can be.
Gould is likely to find some more effective way
OEel square with the new conditions than by
fsle war.
LONDON MARKET VERY BULIIsH.
Epecsl to the Gazette.
NV YORK, May 2s.-John Bull was very
turish this morning. Cabled prices from Lon
don before tho opening of our market showed
advances commensurate with those Of the last
hours Of our market yesterday. Their enthu-
tiisn for St. Paul, however, hardly equalled
maj o. operators on this side OF the water. Talk
On ST. Paul here is very bullish. There is con-
siderable short interest in it, and its friends
CAIN that it has not reached the figure which
nGhtiully belongs to it in comparison with the
rest o. the list, and in virtue Of the favorable
osVeiopments expected relative 10 lake and rail
Ta.es. The upward movement in st. Paul and
Sihsr Granger roads lnaugurated yesterday con-
unned this morning, although there was slight
reaction OF prices in the first hour.
rom the Northwest came reports OF continued
nlg covering the principal grain producing
80
ils fears, which it is said farm
efs have begun to feel. that the drouth
S Solld damage the crops. This prosperity of the
non roads is SO dependent
iect Of news, either favorable
U Otherwise is at once shown in the price of Sc
..lIAss. 1t should be noted, however, that
1ouEn reports aIe favorable to q IaSgef
u-e-' crop were current on stock exchange, on
w pfodues exchange the sentiment was just
.le q foslte. The cold and backward weather
sas considered unfavOrable, and wheat rose in
SSSslseqlence. Sugar reineries certificates were
~ o'HtH us grip. The net result OF
s1sss things was that the whole market
.,-.Jneed, and At o clock there were very few
''0cAs on the list which were not
HIGHER THAN Yesterdays Crossings.
Union Pacific was very strong, and Missouri
racine was somewhat so. Richmond Ternin al
sno ,Mchison were the weak features of the
ts%tLet, the more favorable sentiment rela tive
srss sss'.!elent OF southw esteTn rates not being
,si. -G.ea' 10 advance the latter. While reports
T-Ak 70 Northwestern roads concerned
- - 'as northwestern stocks equally, St. Paul
~ me only enc which could be called active,
t,v.r 'L Us market IN the humber of shares sold,
a. TeA IS IN its upward tendency. Trading gem
go N1s mnch less active than has been the
$3.50 u IAIe Citizens Gas of Brooklyn has been
IN ;ts anu active OF late, but to-day transactions
Cas- stoo.l upreeedentiy large at higher prices,
ligkt os SeAs everywhere are b2Sking in the sun
W. 49, prosperity present This is due partial
6.sH se!9ack given to the electric lighting by
rr 11'r IN me wires, but more particularly to
Wbicb L so9ut the big Anglo American syndicate
il iii "a. a iIs eye IN number of gas companies
ebs5.S O 1 report Of the New York stock ex-
SSl9 0iSsu"y says: Silver bullion on hand,
IN ab,s-ou Hees; certificates outstanding, $685.
usrIst ~! Oh Sny special news the afternoons
NoSs,,H as inclined to duIlness and lower price.
have 60, " much easier owing to funds which
TepSv V-e nom the West, and all fears OF strin-
fr,,Syn-S-e ga. 10 have disappeared. The sub
psst ~. las absorbed over 81 SOC, 200 during the
tIyisr ~, qat the money market has grown
continptf oy Gay, notwithstanding. Prices
= beng ~ r." last nights closing, Union Pacific
named only prominent stock which re-