Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-06-27
SPECULATIVE.
Between Congress and the Courts D.
Spectators Road is Rocky
Freaks Of the Bulls and Pears On ,C,.--
Yesterday-Rssums of Import
ant Dealings

Special to the Gazette.
New YORK, June 26. There was a sara-,- a..
appointment this morning over tine .....-. 10,
the stock market to boom on the 49, 10
Washington that the free coinage y.r "a
prominently to the front few DAYS az, +.
the passage of the senate amendment, q, -.
house bill enough OF monetary s,,,.
was created to cause q sympatheti. fail -
stocks. The defeat of free coinage I-o,,-.,
it wss hoped this morning, would act coavs-ss--
Perhaps it would have but for the fac, tA,. -.
Bank of England directors raised tn. -.,s =,
matter of comment for some time ma.
that the outside rate OF ..,--.
has risen nearly to the bank a..
American rates in London were affected h, -
announcement, and alarmed Wall street 49,
the cry that more gold would have use now
a consequence, our market was weak Chi,,rnl
gas dropped several points. 1t is rumorsi -
attempt viii be made to eniOiu Receive.
Davis from paying the quarterly GIvi1s-S
Certificates have recently been verv strong -
expectation of = notice that the dividend g-5r,I
be given out to- day, and that payment woT5i
soon be made. The rumor could not he t-sr-t
to reliable sources. The accumulation of
large fortune is al easy matter .
one can only know the moves OF the courts
becoming prominent factors IN Wal So.
speculations. The day OF speculative railroad
managers, who declared or withheld dividend
and cooked the reports to suit his ends Is ove-
The thing to do now is to get as near as gos.i5..
to the agent Of the law. Reading the ms.
active feature of the dull and ln.--i
fell off from the high figures reached YESTERDAY
1t was weak market except q few spccl.;.-,
such as Hooking coal, which advanced on tbs
announcement that the directors OF the Ten1s,.
see coal and iron company had declared a semi
annual dividend of per cent. on preferred S.0-s
Prices fell off from the high figures of veSts-.
day afternoon, which attained in sRt.c9a.
ton of the declaration of the diviGeiI
Chicago and London were both sellers TO-DAY
the former principally.
On the railroad strike the afternoon dis,
patches from Chicago announced q portion .,
the strikers on the Hin ois Cen raj hsd rs-r-nai
to work ut an advance, and the Northwest
and Western rates had been agreed on
by the committee having the matter IN
charge meeting OF the Western roads
has been called for July to act on the question
This was considered 10 be an mpCItau: st0D
toward the settlement of the Western rate cues.
ton. but it did not affect the stock market,
which remained dull and heavy to the close
St. Paul was extensively sold by London
An advance in money rates was the feature o.
the last hour, and aided the downward move
movement of stock. This advance was natural
in view of the calling in of funds in anticipation
of July disbursements. Its effects will not ID
felt after the first of the month.
1t was a rather discouraging day for holders Of
stock.
An order OF s., 600, 900 more gold for shipment
tomorrow to the continent was announced JUS.
about the close of the market.
The important net charges for the day were:
Advance-Pullman; l. sugar trust, 3; Hooking
valley, q. Decline-Tennessee coal,
2a4; st. Paul, lss; Louisville and
Nashville, 13s; Chicago ga; ~
Lake Shore and Canadian Pacific, H. q; Atch-
ison and Reading, IA; Rock Island and Man
haitian. ]; Missouri Pacific, Z: Jersey Central,
q; New England, Erie and Northwest, Is; Lack
awanna and Oregon Short Line, "a.