Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-05-08
WHEAT FIRM
And Prices Advanced on Good
Buying in the Morning.
WOOL PRICES REMAIN STEADY.
Stocks Fairly Active Yesterday-The Mar
ket Firm in Early Dealings-The Dry
Goods Market Continues
Without Feature.
COMMERCIAL RESUME.

| Special 10 the Gazette.
| NEW YORK, May 7-Money-Closed az
! per cent. The highest rate was per cent
, and the lowest per cent.
Exchange-Closed lower at 81 $500
4 500
Silver-9S56.
Sugar-Raw and refined, unchanged at
! previous prices.
Wheat-Options opened firm. Prices &C
vanced on good buying throughout the
morning, but in the last half of the day
there was heavy selling to realize. under
which the whole market declined JZCdl cent.
| Spot lots closed dull
Cottou-Closed steady Middlings, SIG
| Futures closed steady.
Cofee-Quiet for spot, at 1890 for fair
Rio cargoes. Futures closed steady.
Wool-DuQ. Prices remain steady and
unchanged
Hides-Steady. Buenos Ayres dry, 100
| 1899. Dry Texas, 10@l0Jlc
Stocks fairly active today. In early
/ dealings the market was firm and prices
advanced fractionally; but the strength
soon gave On pressure 20 sell, Induced by
further engagement of $1,000 600 gold fer
shipment ana advance in the Bank Of Eng
!, tand rate of discount 10 ! per cent. The
SssveaknesS was increased late in the day by
rumors of financial trouble abroad. Clos
ing figures we're generally Z to 2 per cent
| lower than on yesterday.
Dry goods-The market continues dull
| and featureless.
Bonds to-day duh and prices without
quotable change.
ATWOOD, VIOLET 4 co. 5 COTTON REPORT.
Special TO the Gazette
New ORLEANS, La, May 7.-Atwooo,
Violet 4 Co say:
Futures-The tone OF Liverpool was net
as good as expected, nor the advance as
Cprl Ev I
but little and this market about the same as
last night. We close, however, lower
than yesterday. The summer months, both
here and in New York, can only be
iquidated by breaking the market, unless
spots improve materially.
Frost reports are again general to-day,
but the official record Of our exchange
shows that last year, on May 5, there was
frost at two points in Tennessee, two in
Georgia, two IN Alabama and one in MissiS-
sippi, the thermometer falling to 50 deg. at
Livingstone, Ala. As the crop was Two
weeks earlier last year than now, it hardly
seems probable that any apprcciable injury
can have Been done by the cold weather Of
the past two nights. Our New York, since
close. says:
The undertone is weak and selling ger
eral also The market requires some other
feature than cold weather TO keep it up"
Port receipts to-day are 1856 against 1925
last year. New Orleans exports $500 t.
morrow.
Free On board-Sales, 800 bales; easy.
Spots-Steady, Sales, BOO bales. Quo
tations unchanged. Largo offerings and
poor styles.
GOVERNMENTS, STOCKS AND BONDS.
New YORK, May THE stock market
again demonstrated that it hinges at pres
tent ON the railroad meeting now in session
and while there was considerable trading
in i'm
.asl.es of the causes which brought these
about were insufficient TO main
tain an interest in the market throughout
the day. Financial changes are all in the
direction of lower figures and while great
majority Of stocks are only fractionall.5
lower, Burlington, Rock Island and ST.
Paul are lower is each, Missouri Pacific,
Northern Pacific. preferred, and Wabash,
preferred each IS, and Cleveland, Gin
ciEnati, Chicago and St. Louis, Northwest
ern, Lackawanua, Lake Shore ami Union
Pacific each per cent.
Railroad bonds, quiet
Government and state bonds dull and
heaVy