The Fort Worth gazette. (Fort Worth, Tex.) 1891-189?, 1891-05-14
FOREIGN FURRY.
1t Has Some Effect on the New
York Financial Market.
COTTON TAKES A TUMBLE.
Affairs Abroad Have Little or No Effect on
Wheat, But Succeed in Weakening
stocks Somewhat-Gold for
Shipment.
COMMERCIAL RESUME.

| Special TO the Gazette
NEW YORK, May l2-Money closed easy
| per cent, the lowest rate; the highest rate
was D.
EXchange-Closeds steady, 81 S+11s(a4 50.
Silver-.S
Sugar-Raw and refined, dull, steady
unchanged prices
Nheat-Options fairly active and strong
to-day. Reports of disturbances in some
financial centers abroad had little or no eff.
feet on the market, being regarded as of lit
| tie consequence. Prices closed 1$s@2ssC
higher. Spot lots closed firm.
Wool-Duu and quiet; prices generally
firm.
Hides-Steady. Buenos Ayres, dry, 139
13-.c: dry Texas, l0t6lO1Zc
15-l6c. Futures closed to cents lower.
Cefee-Spoo lots quiet. Fair Rio, cargoes,
! 1890. Futures closed lower
Stocks-Only moderately active to-day,
while prices We're weak during greater
part, mainly on the unsettled state of finan-
cial affairs in Lisbon and Portugal and
further engagements of gold for shipment,
sl,09O, coo having been engaged up to 2 p. IN.
to-day. Closing figures were generally J..
10 per cent below those of yesterday.
Atchison, 81.
Dry goods-The situation has undergone
no change. The market continues dull
Bonds dull.
Fort Worth and Denver City certificates,
23l5.
Fort Worth and Denver Is, 1917.
Atchison general mortgage As, 195S.
Atchlson incomes. 4G5I.
Kansas and Texas Is, IS.
Kansas and Texas rs, Il.
Missouri, Kansas and Texas Is, 20.
Missouri, Kansas and Texas rs, Il.
III | ApEDQEnS Jayas 81
Texas and Pacific rs, 81
Texas and Pacific rs, 81.
PANIC ~ PARIS.
PARIS May l2.-At this hour ~ :30) the
tone of the stock exchange market is fat
\ number of securities are lower, but the
most marked decline is in Portuguese and
Spanish securities.
l p. ma panic prevails. Portuguese
securities have fallen to SO.
3p. m.-Rentcs are agitated Three per
cents, which closed yesterday at OFF SIC.
opened today ut OFF. 52}sc., fell to % f.
2Jc., advanced to 92f. sec. and have now
declined to OFF. 2Oc.
EyennC-There was great excitement
on the bourse to-day and wide fluctuations
in internal securities continued. At one
time it was difficult to effect sales of Port
uguese and Spanish securities at almost
any price. Later, bear-buying assisted the
market and the close was fairly steady,
leaving the days fail at 20 confines for 3
per cent rentes; 5i4 per cent for Portu-
guese securities, . per cent for Spanish, ~
per cent for Italians, l per cent for Rus
SLAMS and 26f, pc for Rio Tintos. After
business hours there was a decided rise, 3
per cents gaining - confines, Italians, -
centimes; Portuguese, "a per cent: Span
ish, 4 per cent and Rio Tintos, #, so CEN
times. AT the official close of the boulse,
per cent rentes were quoted at 92f, 221@
confines.
THE LONDON EXCHANGE.
LONDON, May 12.--There was a panicky
feeling on the stock exchange to-day, but it
was confined entirely to foreign securities.
After the official closing. street dealing
was active, largely on selling orders from
Paris. Later slight reaction set in and
there was considerable rebuying, which
left the days drop in Portuguese securi ties
IA and in Spanish securities 81.
BERLIN BoURsR.
BERLIN. May l2-The bourse here to-day
closed depressed. Russians lost Is per cent.
FRANKFORT BoURsE.
FRANKFORT, May 12.-There were wide
fluctuations on the bourse here to-day
Spanish and Portuguese securities dropped
4 per cent
New YORK, May l2-The strength which
financial affairs exhibited yesterday was of
an evanescent order. This mornings
cables reported dismal condition abroad.
There was almost panic in foreign secur-
ties in London. Portuguese bonds fell A.
points. The panic was reported in Portu-
gal. It was stated that the government
had issued q decree granting q delay of
sixty days in the payment of ali obligations.
Private discount rate in London was re-
ported to be 9-lGc and expectation seems
10 be general that the Bank of England's
rate Will be advanced. Gables reported a
panic on the Paris bourse, but this report
seemed TO be somewhat exaggerated.
ATWOOD, VIOLET & co.
Special TO the Gazette.
New ORLEANS, LA, May 12--Atwood,
Violet & Co. say:
Futures-The long interest here and in
New York is getting tired, especially the
after, and although dry weather still pre-
rails there is not sufficient buying to sus-
ain the market; and as the shorts do not |
'eem alarmed, prices have dropped here to- |
lay points, points in New York and in |
liverpool. The anticipated holiday in Liv- |
,rpool from Friday to Wednesday next |
week is making that market dull, and the |
movement here in spots is consequently |
;ery slow.
The stock here row is principally of !
Should rains set in fora few days we would |
laue a material decline in summer months |
nd later positions would sympathize nearly |
$ much. Port receipts to-day 1900 against |
600 last year. Port receipts of tomorrow |
asst year were only 300 bales.
F. Q. B.-No market, no sales.
Spots-Quiet and steady. Sales, 500 |
'ales, offerings large and undesirable. Fac
ors pressing sales.
GOVERNMENTS, STOCKS AND BONDS.
New YORK, May 12-The stock market
gain hesitated to-day Prices dropped and
4 some cases declined materially. The
Principal cause for the check 10 the upward
movement is to be found in the disquieting
ews from abroad, London and the conti- |
ental bourses being depressed through
cavy sales of Portuguese and Spanish Sc
urities, which brought everything else
long with them 20 some extent. Cleveland,
'incinnati, Chicago and ST. Louis, Rock
sland and Louisville and Nashville are
own 15sc; Union Pacific, 1slc; Atchison,
northwestern. st. Paul and Northern Pa
ifc, preferred, nc: Burlington, 1]]sc.
Railroad bonds dull.
Government and state bonds were dull
nd featurless.
|