Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-05-01
PRICES HIGHER.
Money Leaps Upward on Ac.
count of Loans Shifting.
WHEAT CLOSED HIGHER
With a Fairly Active Market After the
Recovery From the Hutchinson FAIL
ure-sugar Quiet and Unchanged.
Wool Dull-Siiver 81 IS.
WHEAT CLOSED
HIGHER
COMMERCIAL RESUME.

! Special TO the Gazette
| New YORK, April 30-Money-Closed
al 6 per cent the market working very
stringent late in the day. The lowest rate
was 81. The tightness Of money was con-
sequeut to May settlements, and is viewed
as only temporary.
Exchange-Steady; posted rates, s615@
| S9i..
SiI1er-9r55.
Sugar-Raw and refined quiet and IN
changed.
Wbeat-Options fairly active to-day.
Prices weak in early dealings on the Hutch
inson failure, but later strengthened and
closed %,CUj5c higher. Spot lots closed
firm.
Wool-DmI and prices are without
change.
Coffee-Spot lots steady. Fair Rio car.
go, 1890. Futures closed to 10 points
higher.
Cotton Spot lots steady. Middling up
lands, SIC. Futures closed steady
Hides-Steady. Buenos Ayers, dry, 1870
sadf.c. Dry Texas, 1OI.c.
Stocks-Fairly active to-day, While
prices irm, advancing without interruption
Throughout. The fact that the Bank of
England did not advance its rate and that
London was good buyer impaired conf
dence 10 traders III this market ami there
was steady, but moderate buying
throughout the day. Closing figures were
generally Is 10 . per cent higher.
AtchlSOn. :S33<
Dry goods market dull and featureleSS.
Bonds quiet but firm.
Fort Worth and Denver closed 23II.
Fort Worth and Denver, Is, 1899.
Atchison general mortgage As, so.
A1chisOn Incomes 495i.
Kansas and Texas Is, ISL
Kansas and Texas IS, AZ.
Missouri, Kansas and Texas Is, 1Si..
M1S1Hnf'I Is Kansas Towns
ST Louis. Arkansas ard Texas, Is, Si7ss
Texas and Pacific Is, 9OI4.
Teas and Pacific 2's. 3ia,.
ATWOOD, VIOLET ! COS COTTON REPORT
Special 10 tie Gazette
New ORLEANS, La, April 30-Atwood
Violet & Co. say:
Futwrs-The advance in all markets to-
day was rs we expected. Liverpool held
her advance OF 2jCl3 std with spot sales OF
10000 and our information generally was
in favor OF better market. Our principal
Liverpool CORES Ondent is bulliSh: but
about noon Today our New York friends
wired that the market required buying
orders to sustain il. At the same timc they
advised taking small profits on either side
There is unqueStionabiy less disposition
to sell The market ami we were conSidera-
bly, influenced by this, rs well as better
business IN Liverpool, and the strength Of
longs IN New DIRK who, We are advised
held quite tenaciOusly. giving Il more bull
Ish tone 70 our market report Of Yesterday
The market advanced points here TO-
DAY. but lost .. There Is better SPOT de-
glsnd here and firmer, but holders show so
,Huch ea"erncSS TO sell that we fear il will
sbe difficult TO sustain the present premiums
unless spots advance. We based our opinion
on better contract prices fer to-day on be-
lief that GOOD Liverpool market, which
advanced rs we expected, would help spots
how al
do. The market viii be ruled principally,
we think by Liverpool, where there seems
10 be growing feeling III favor of cotton.
Port receipts to-day are $500, against
900 last year
Free on board-No market Sales, 100
bales
Spot5-Fir1n. Sales. 400 bales. Same
quotations. Demand chiefly from England
and for grades above middling.
GOVERNMENTS. STOCKS AND BONDS. -
NEW YORK, April a9.-The stock InafBet
to-day was III marked contrast TO that of
the last few days, in that il showed again
impotent strength, which has become such
a characteristic of the trading, ard the le-
sui Of the days operations Is to leave |
prices materially higher than last evening !
News from the other side of the ocean was |
not SO assuring to the bears as had been /!
Bank of England failing 10 raise |
Its minimum rate Of discount
The event of the day was the bringing |
forward OF coal stocks again as prime |
factor in speculation, and very marked |
gains We're scored by both Lackawanna and |
Reading. Old time favoritcs had the most |
favorable influence on the rest OF the list.
There was slight halt in the upward |
in the last hour, owing to the |
rea!iZatiOus on the rise and furry in money |
rates due TO the shifting Of loans on the
last of the month, which sent call loans Up
10 G per cent at close; but the market
finally closed active and strong at about
the highest figures of the day. St Paul is
up l3l Northern Pacific preferred, r..
n; Wheeling and Lake Erie
stocks, Is; Rock Island, n, and Louis
vile, /.
Railroad bonds more active.
Government bonds dull ana firm
State bonds dull and steady.