Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-06-28
SPECULATIVE.
With Few Exceptions the Movement in
Prices of Stocks are UnimpOrtant.
Western Onion People Easier withdrawal OF
Coin or Bullion from the Mint Pro-
hIbited for the Present.
Special to the Gazette.

Special to the Gazette.
New YORK, June 27.-Some OF the heavy
holders of the Western Union telegraph COM
pany are feeling relieved now that the long ses-
sion of congress is drawing to end, for they
feared at one time thRt the interests Of Western
Union would be hurt by Wanamaker's recon-
mendations, supported by the work of Hubbard
and Bates. One Of the directory said to-day
that not only did he believe that the matter was
at end for this session, but that he was salts
fed that no further attacks would be made on
Western Union at any session for some time.
Early cables reported the London market for
Americans somewhat demcralized, declines
extending to ia points. Our market was very
dull, and almost entirely confined to traders.
In early dealings London has few selling Or
ders in the market, and Chicago was also a linn
tied seller OF stocks a possibility of the rail-
road strikes spreading actively. With few ex-
ceptions, however, there was no. important
movement in prices OF stocks. and after early
became very dull. Later, London turned buyer
and prices improved, but better figures did not
hold. During the afternoon trading was very
q liet. and the tendency OF prices downward
Closing was dull and weak, and, for majority
of tine list, below last nights finals.
Reading, although slightly depressed at the
opening, soon developed considerable strength.
The recent strength and comparative activity in
this stock is due to the fact that the net earnings
for the year thus far is said TO show d gain OF
something over s5OO,OOO
Chicago gas was depressed 17s points to 53is
at opening on renewed reports OF technical
troubles about the payment OF the dividend, but
on announcement from Chicago that a compro-
mise had been reached in the Charlton suit
against trusts, and that the receiver would be
dismissed to-day, the stock rallied sharply and
advanced nearly points from lowest price of
the morning
Oregon Short Line was exceptionally weak,
and dropped a point small transactions.
Some of the other specialties, however, were
very strong, notably Hooking Valley, Evans
vile and Terre Haute, Laclede gas and Pull
man.
The director of the mint at Washington has
ordered that no Withdrawals Of coin or bullion
be allowed until after the annual examination OF
the sub-treasury books. At the assay office it
said that under the directors orders no
until the count is completed, which is not ex-
pected to occupy more than a week.
At meeting of the Trunk line presidents
the whole question Of the present
eastbound rate cutting, which includes
the rate cutting on dressed beef, was
referred to the Central traffic association at
Chicago. They recommend that the association
restore rates to the full schedule, and report i'm
mediately TO trunk line presidents.
The money market active; call money
loaned as high as ~ per cent, but closed at .
per cent.
The sterling exchange market was extremely
dull Long bills were neglected. There was a
moderate inquiry for short and cables at con-
cessions from posted rate, drawings were mainly
against grain and provisions.
Important net changes for the day were: Ad-
vanced-EYansville and Terre Haute 2la, Hook
ing Valley "a, Laclede gas ], Chicago gas 22s,
Union Pacific, Denver and Gulf n, Pacific Mail
81 Lake Shore "a, Northwestern "a. Declined
Delaware and Hudson 1R, Michigan Central 2,
Mexican Central IA, Canada Southern, Oregon
Short Line. Oregon Transcontinental, Tenues-
see coal each l, Union Pacific Is, Burlington @s,-
Atchison y. .5.cssss6f,A