Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-05-17
FAIRLY ACTIVE.
The Bank Statements Rejuve.
nate the Stock Market.
is FAIRLY ACTIVE.
Only a Moderate Amount of Business in
WoOl-BOnds Nominal-No Interest
ing Features in the Dry Goods Mar
ket-CoTee Steady, Fair.
COMMERCIAL RESUME.

tOMhEkIlAL hESSAh.
Special to the Gazette.
NEW YORK, May 16-Noney loaned at
easy rates to-day, viz: per cent, which
was the lowest rate.
Exchange-Steady; posted rates 81 s411S
@4S9.
Silver-9S
Sugar-Raw, weak; 96c test centrifugal,
314c; refined, easier; cut-loaf and crushed,
SIC: grauulated, 415c.
Wheat-Optiops fairly active and irregu-
lar, with prices in the main weak. There
was considerable selling early in the day on
reports of heavy rains in the West, but to-
wards the close the feeling was somewhat
steady. Prices closed 149I,c lower. Spot
lots closed weak.
Wool-Weak with only a moderate
amount of business. Xxx Texas, 1992lc.
Cotton-Spot quiet Middling, SIC. Fut-
ures closed to 3 points lower.
Coffee-Spot lots steady. Fair. Rio, 1870
F'lAHres steady.
rs6#es-Steady. Buenos Ayres, dry, 1870
F1315c; dry Texas, 10@l01!c.
StOcks-Fairly active to-day on the eX-
pectation that the bank statement would re-
feet large gold shipments of the week by a
large decrease in the reserves. There was
considerable selling during the first hour
and half Of business, especially of St.
Paul, Atchison, Northern Pacific preferred,
Burlington, Chicago gas and Louisville. At
II 30 prices We're down 4 to IL per cent
About that hour the bank statement made
its appearance, and, to the surprise of
everyone, instead of decrease in the re-
serve there was a substantial increase. a
sharp covering followed, and the early de-
cline was wholly recovered, the market
closing strong. The following shows the
important changes in the principal items of
the New York bank statement for the
week
Loans, decrease si42, 200; specie, decrease
s., 100; legal tenders, increase -, &c.
200; deposits. decrease SJ.111 200; circuia-
ton, decrease $4,000. The changes in
crease the surplus reserve Sl4S,900, and
make il now S4.9l2, $50, against 81. 163. $50
last week, S2.0l2,S15 for the corresponding
week in 1890. SI4 0S2, 325 in 1889, 81, 105, $50
in lSSS, and 1861, 200 in 1887.
AtchiSOn, 3O5E.
Dry goods-The dry goods market to-day
exhibited no feature of interest.
Bonds nominal.
Fort Worth and Denver City certificates,
Fort Worth and Denver Is, 10414.
AtchisOu general mortgage As, 19l9.
Atchison general mortgage incomes, 4614.
Kansas and Texas Is, ~.
Kansas and Texas rs, 4O35.
Missouri, Kansas and Texas Is, 11M.
Missouri, Kansas and Texas 2's, 4025.
St. Louis, Arkansas and Texas is, sou.
Texas and Pacific Is, $50.
Texas and Pacific 2's, 3l$f.
ATWOOD, VIOLET & CO.'S COTTON REPORT.
Special tc the Gazette.
New ORLEANS, LA, May 16-Atwood,
Violet & Co. say:
Futures - For several days past both
rsides seem to have been resting on their
Oars and no change of consequence has oc-
CURED in prices. The argument in favor of
hiFrbagp r,l1.,a Of y-.,lf,HS &c hat bn
tracted cool spell has retarded termination
materially and rendered the plant that has
already come up too weak in many local.
ties 10 resist the ravages of lice. Over
against these influences, which of them
selves should advance the market, is the
constant stream OF cotton from the planta-
tions and invisible inter or towns. render
ing extreme estimates of the crops likely to
be realized, while the lack of any sufficient
export demand forces the accumulation of
stocks, much OF wRch will have 10 be car
ried over to the next season.
In addition TO these, is the unsatisfactory
condition of financial affairs in Europe,
which restrict business to an appreciable
extent. Such is the situation as it presents
itself to-day.
+ o. B.-OfTerings small. Sales, SO
bales, up to y o'clock.
Spot-Sales only 300 bales. No demand
and large offerings.
GOVERNMENTS, STOCKS AND BONDS.
New YORK, May l6.-The stock market
to-day was active, and while weak at first,
rallied sharply, nearly recovering the early
losses and bringing prices up close to those
of last evening. The market closed active,
strong, final changes being generally small
fractional losses.
Northern Pacific is higher and Louisville
and Nashville is down rs.
Railroad bonds quiet.
Government and state bonds dull.