Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-03-18
Special 10 the Gazette.

| Special TO the Gazette.
NEW YORK, March II The 0rfrf-,
| seemed general on the street TO-DAY tho.
| Reading Is to be the roast of the fug7ofs1
feast this week. At the opening of ts.
ma rket o-day the advance Of satr-+s-
was maintained aud there was At o-,
time difference of = per cent. Jetvsa,
cash and regular sales, q signff,a,.
point. In Philadelphia it is asserted t5s,
formal proceedings will begin there mi.
week looking TO the oustng of Mr. r--
bin. 1t is said that certificates ~.
400 200 shares will be exrfhf-
ed in court. 1t Is also sofa
that ~, 900 OF these are .tr,
owned by the shorts. Petitions for Mr.
COrbin g removal will be withdraw m
day in order that they may be pras-at4f
in court. This much at least seem,
probable. 1t Is the intention of the m
position that such proceedings shall be-
gin in the near future-pOssibly not rnf,
week. The exact amount owed hv r5s
shorts is a matter of conjecture 10 og,-
siders, but much may be inferred f-1n
the actions of the stock in the market.
Union Pacific interests received a blow
when the report of the earnings Tor Ian
uary was published, showing q decrease
in the net earnings for that month. Tina
decrease is due mainly 10 the eXnarsa7
and delays incident to the snow bl7.k-
AIDES. They have been partially dis
counted in the stock market already. br-
further declines to-day demonstrated
that the showing wss rather worse than
had been anticipated.
The decline in Short line amounted N
to three per cent.
AtchisOn securities are still or the riss
The advance in the stock to-day was
more than l per cent.
Tennessee coal and iron was an IN
pleasant feature Of the market and req
isteTed declines of over ( per cent.
The Vanderbilts were strong onca
more, especially Michigan Central and
Lake Shore.
Some surprise has been aroused bv the
fact that the annual pamphlet report Of
the Missouri Pacific makes no alIusion 20
the negotiation for liquidating the floating
debt now owed wholly to Gould and SAGE.
The fact is, however, as may be stated
on the authority Of these gentlemen that
nothing yet has been formally done IN
the matter. 1t is simply Withhold FOR
the market. The finance committee Of
the company, which will probably sue
coed itself, consists of Jay Gould, GeOrgs
Gould, Edwin Gould, Russell Sage and
A. L. Hopkins.
The report was current in the street
this morning that the New York aud
New England railroad company was
about to issue a large block Of bonds
for bettermeuts and other purposes, and
that a syndicate, headed by Russell
Sage, which of course included Jay
Gould, had agreed to take the bonds. 1t
was further asserted that places were to
be made on the board of the company for
Mr.. Gould and Mr.. Sage. j reporter saw
Mr.. Sage this morning, and asked
him as to the correctness
Of the story. Mr.. Sage said that so far
as he was concerned it was absolutely
without foundation. In reply to q ques-
ton as to the cause of the strength Of the
stock ne presumed it was on just such
stories as the street was always full Of
He took occasion to ridicule the story
that New England was to make some
whereby it would gain ac-
cess to this city and have connection with
the elevated railroad system.
Another rumor, which came from BOs-
ton, was to the effect that the New Eng
and road was to be leased to the Boston
and Maine on per cent. basis. This
could not be confirmed.