Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-06-06
IMPROVED FEELING.
Stocks Open Higher and Al
though Hammered Hold Up.
INDUSTRIAL STOCKS SELL.
1t is Hard Work to Keep the Bulls from
Pushing the Prices on Cotton-Bad
Crop Reports Have Been
Discounted.
COMMERCIAL RESUME.

COMMERCIAL RESUME.
| Special 10 the Gazette.
NEW YORK, June 5-Money closed easy
| at per cent, the lowest rate. The highest
| was 355
Exchange-Firm, 81 S5@4 So
! Silyer-g13I
Sugar-Raw and unchanged.
Wool-Dull but steady. Prices show no
| material changes.
Wheat-Options are dull, featureless and
weak; closed gale lower. Spot lots
closed weak
Coffee-Spot lots easier Fair Rio cargoes.
1890. Futures closed weak, 10 TO 20
points lower.
Cotton-Spot lots steady Aliddling up
lands, e3+c. Futures steady. Closed
steady.
Hides-F'irm. Buenos Ayres, dry, 100
| lac; dry Texas, 1O1 5@1l2c.
StOcks-Dull to-day. only 1851 shares
changing hands. The excitement conse-
quenJ on the reduction of Rock Island 5
dividend had all died out when the exchange
A,opened this morning. but there was still
some hammering of the leaders by the bears
and prices declined for lack oil support Is to
per cent.
After midday there was d firmer tone,
notwithstanding that ii was definitely
known that 81. 300,O0 in gold had been en-
gagged for shipment b. tomorrow 5 steamer,
and prices in most cases advanced gladu-
fllE 10 the close, when Il large nUmb Der of
the list We're l56'1ll per cent higher.
There Is nothing new 10 report in con-
ncctiGn with the dry goods situation.
Bonds dull.
Fort Worth and Denver City certificates,
| 49, ~
Fort Worth and Denver Is, 1882.
AtchisOn general mortgage As, IoS.
Atchison incomes, a..
Missouri kHnS:i, and TaS9S NJ
Missouri. Kansas and Texas IS, 3S115.
Texas and Pacific Is, ST.
Texas and Pacific rs, BIZ
COTTON TALK.
Special to the Gazette.
New ORLEANS, LA, June 5-Atwood
Violet & Co. say:
Futures disposition to bull the
market would be greater i the weight of
actual cotton was NOT so great With July
at >l3 and December at SOB the
closing prices tonight show Il half
cent difference. II shows there is
40 facts for material Improvement in
spots for the aeXt sixty days, and Vet II be
lever in higher prices must pay SIC basis
for middliug Tor December. and this with
the probaoilit% Of carving oEer a surplus
OF more than million bales
larger than last year. While crop
accounts are not good and the bureau re
port will probably be quite unfavorabe,
the question is. have we not discounted
partly, 4 bad report We still be-
lieye in buying on an easy market
and taxing small profits. Liverpool
lost part OF the advance there, closing easy.
This market closed to 3 points lower than
yesterday. The increase in sight this
week Is $4,000. making total since
the first of September Of S.4l3.O0O bales.
If the amount coming into sight the balance
of this season is only double that Of last
season, the total crop viii be S,s'5.uOO The
increase promises TO be much larger
Port receipts this week are 100000,
against 5000 last year. Interior receipts
10000. against 1000 last year. Free on
board. sales 800. Spots steady. Lower
GRADES irregular, sales 2250 Grades below
mddling are selling 4, e under quotations.
and easy at that.
CROP NEWS.
Roclldale, TeN.-We are now having
warm growing weather and the plant IS
making rapid progress. Average height
seven inches. Squares are reported by
many and blooms will soon be in order.
Present indications are unfavorable for rain.
which viii be needed within Il week In
crease IN the acreage for this season IS II
per cent over last season.
jackson, Miss.-Cotton growing slowly.
Nights are too cool. Stands are poor
Rains only partial. Badly needed in lorali-
ties.
Hazelhurst, MiSS.-CropS IN this section
are all that could be expected, with the eX
ception OF the size of the plant, which IS
the smallest known IN many years at this
time Of the season. We consider i fully
three weeks late in growth. West and
north Of here the prospects are not so good
by half as they are about here.
Bellevue. La.-DrOuth has done no dam
poe to cotton. doing harm TO corn only.
Houston General rains on the west
branch of the Houston and Texas Central
railway between Hampstead and Austin.
Lexington. (-a.-We have had excellent
rains during the past week. The ground
/, in fine condition and Us u result farmers
are very busy.
GOVERNMENTS. STOCKS AND BONDS.
NEW YORK. June 5--Iu the stock market
to-day industrialS attracted as ouch atten-
ton as the railroad list. with one or two
exceptions Tie close was fairly active for
leading stocks and firm 10 strong II most
insignificant changes.
Railroad, government and state bonds
steady.