Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-13
On WALL STREET.
Stocks We're Active, With a Decided
Turn for the Better in Prices.
wo small Broker Firms Fail and the North
RIVER Bank suspnnhs, but Prices
Went Steadily Upward.
COMMERCIAL RESUME.

COMMERCIAL RESUME.
Special TO the Gazette
NEW YORK, Nov. IL. - Money was
slight again to-day during the greater
part, but towards the close essed con-
siderably and loaned down to 304c. The
closing was &c and the higbest b OF
per cent. and legal interest.
Exchange-Stesdy, 81 84la@4 Sc.
Silver-Sl O3.
SuRar-Raw and refined are steaGier =,
held on fair amount of trading, and
unchanged at previous prices.
active and firm to-day, closing 5sc
higher. Spo; lots dull.
WOol-Busness is somewhat curtailed
by the unsettled condition of the money
market. Spring Texas, 1914 24c.
Coiton-Spot quiet; middlirg up
lands, 5 to FER cent. higher.
Cotfee-Spot lots quiet; fair Rio car
goes, 20l5c. Futures closed lower.
llides-Steady; Buenos Ayres dry, l5c;
dry Texas. l0G l3c.
Stocks were again active to-day, 642, =
7G9 shares changing hands There was
II,
howeyer. and although there were two
,;f4szfadces of small broker firms and the
suspension OF one bank the North River,
prices went steadily up on more buying
aud at the close they were y to II per
cent. higher than those OF yesterday.
The improved feeling WAS due to the
issuance of clearing mouse certificates,
which greatly easeG the monetary situa-
ton.
Atchison, 3O7a.
The lightuess of money considerably
restricted trade IN the dry goods market
to-day aud deals were on a very small
scale. Prices were no, so firm, ami
there appears 10 be considerable appre-
tension on the part of dealers. The
Daily Commercial Bulletin says: :Bus-
mess in wholesale branches of the dry
goods trade WAS only moderate the past
week. The demand for seusOnable goods
was checked by unfayorahie wea her
condition, and spring goods were less
active than OF late. The tone of the
mnrket continues steady and stocks are
well IN hand. Collections are reported
fair to good. -
RAILWAY BONDS AND CERTIFICATES.
Bonds dull aud lower
Reuver, Texas ana Fort Worth certiH-
Gates, 81.
Fort Worth aud Denver :, lO328.
Atchison general mortgage Is, o2i5
Atchisou general incomes. 81
Kansas aud Texas ] :. - =.
Kansas and Texas IS. 80.
Missouri, Kansas aud Texas 2's, 80.
Missouri, Kansas ana Texas rs. TO-.
st. Louis, Arkansas and Texas is
SOL.
Texas Pacific =, 50.
Texas aud Pacific rs, 81.
COTTON FUTURES AND SPOTS.
Special to the Gazette.
New ORLEANS, La, Nov. I2.-At-
wood. Niolett y Co., say:
Futures-It was generally thought
Liverpool would be better to-day, OPEN
Ing and closing, however, III TO LTD
lower. New York improved on expected
revision Of quotations Ut the opening,
an closed steady at to points better
than ye-;erdGy. Our telegrams from
there since closing say the market WAS
doomed at the CLOSE. but since easier on
account of the failure OF the North River
bank.
There has been here. however, no melt
nat on to follow New York, until
about closing when spot covering
advanced the market The financial ont
look IN New YORK steadily Improved nll
day, but her buuks will not purchase.
Buyers exchange anu spot demand will
thereby lie iesseued The market looks
as though II would require continuous
buying to sustain it. Port receipts to-
dny are 80 500. against 40 100 last year.
+. o. h.-Ihough money is tight there
is good demand. good grades, as usual
lately, are al a premium. Inquiry to-
day for grades under m!diling shows
that the country is TOO high. Sales,
1000 bales
Spots-Onfering light, but OF better
style, and held ut full quotations. Little
business doing. Sales, $3.50.
GOVERNMENTS. STOCKS AND BONDS.
NEW YORK, Nov. l2.-The stock mar
ket to-day showed materially better feel
ing both III the street and outside, and
there was most gratifying confidence
displayed that not oniy was the worst
news over. but that Improvement would
be quick and sharp. The action of the
clearing house committee in coming to
the relief of the banks in the difficulty
was the means of restoring confidence of
many, while the provemeut in the
situation abroad WAS also n powerful
factor. Not only were the active stocks
much higher all dag long. but inactive
'pecialtles W ich yesterday could not find |
buyers MT any prices to-day were taken |
1t constantly advancing figures, and !
he heavy slump IN those shares was in a |
great measure made up.
Liquidation in Wizards Is now believed !
10 have maf1ed the culmination OF the |
a4Qrt4S6 enforce complete liquidation. |
had resisted the force APP |
)lied for q much longer time than any |
'ther group of stocks on the list. The |
Impression Is that the whole situati on |
lbs been changed for the better, and the |
Improvement in the condition of affairs |
MI be followed by higher prices all along
he line. There are to be expected con-
derable selling of Northern Pacific Sc
and some others, to liGuidate,
Is WAS witnessed to-day, but now shows
10 pressure OF other stocks. and offerings |
If the past few days have uudoub tedly
)eeu taken by strong parties.
The uniavCTabIe factors to-day were
he continued sales under rule, both for
lie account of the suspended firm of
Decker, Howell S Co., ana for the ac-
cunt Of two other brokers, whose sus-
,ensiou was announced during the day.