Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-05-19
MONEY 2 PER CENT.
Exchange Quiet at 464 IA to
489--Silver 9S--Sugar Dull.
STOCKS MODERATELY ACTIVE.
The Dry Goods Situation Presents No
Feature of Interest-Bonds Dull.
Wool and Wheat Fairly Act
iye-CofIee Steady.
COMMERCIAL RESUME.

COMMERCIAL RESUME.
| Special TO the Gazette.
New YORK, May lS.-NIoney closed easy
At per cent. The highest was ) and the
lowest .
EXchange-Quiet; 4s4l4@4S9.
Sugar-Raw and refined dull and I'M
changed.
Wheat-Options fairly active and firm
to-day on reports of mfavorable weather
both here and abroad. Prices closed 5s0lc
higher. Spot lots closed firm.
WOol-t'airly active and unchanged.
Cotton-Spot lots steady. Niiddling, SIC.
Futures closed steady.
Coffee Spot lots steady. Fair Rio, 1880
Futures closed steady.
HideS-k'iIm. BuenoS Ayres, dry, 1870
1910. Dry Texas, 10,d10lac
Stocks-Oniy moderately active to-day,
but the tone was weak throughout on mod
crate selling. due to the belief that there
would be further engagements OF gold and
Il consequent advance in the rates for
money here. st. Paul was the feature and
was very actively traded III. Closing prices
were at or near the lowest of the day. The
decline ranged from i to 3 per cent.
AtChison, 29"4.
Dry gOOdS-'The situation presented no
feature of interest today
Bonds dull
Fort Worth and Denver City certificates,
23l5.
Fort Worth and Denver Is. 104
AtchisOu general mortgage As, ~.
Atchison general mortgage incomes, 454.
Kansas and Texas is, 96"i
Kansas and Texas 2's. So
Missouri. Kansas and Texas Is. 1914.
Missouri, Kansas and Texas IS. 39I5
st. Louis. Arkansas and Texas Is, Sl1I.
Texas and Pacific Is, S..
Texas and Pacific rs, 81 l..
The unexpected bank statement worked
out It's effect Saturday. 1t certainly seems
70 have lost its potency when the market
s@pcned this morning. All the fluff and
Hurry that marked the last few minutes OF
business last week was gone and the peo-
pie who had considered matters over Sun
day We're not encouraged BY the outlook.
The bank statement itself was openly pro-
nounced as misleading, to say the least
No one believed it represented even APP
proXimatciy the real indication of clearing
house institutions. The system of aver
ages adopted by the banks to show their
weekly situation was denounced as de-
fusion and snare with more Vi gor than
usual. The gain of $liS.000 in the surplus
reserve was looked upon as fictitious in 4
measure, OF. at least, forced to suit the
eXigencles of the moment.
1t was holiday in London to-day and the
market was therefore deprived of either
help or injury from that source. 1t was, as
rule. fractionally better than Saturdays
close, but the buOyancy was fleeing. and
within the first half hour most of the list
had settled back to l1W$f. Missouri Pa
cite Burlington and Louisville and Nash
vile were each promptly marked down -
below saturdays price, and with the eX-
Ception OF the Northwestern and one or two
specialties the entire list participated in the
weakness of the leaders.
aTwoop. VIOLET 4 co. 5 COTTON REPORT.
Special to the Gazette
New ORLEANS, LA, May 1S.-Atwood,
EiOlett x Co. say:
4 F'utures-There was n slight improve
fment to-day at New York and here, but
mainly in the winter months, and are, in
our opinion, principally due to buying by
exporters against spot sales to SpinnerS.
This feature is the main stay of the fall and
winter months. The weather being now of
all absorbing interest, IL is well to note that
the refreshing showers have been very gen
eral and extended and will no doubt materi-
ally improve the condition of the growing
crops. As a result, and until some new
untavOrable circumstances shall present
itself. it seems likely that we shall have
dull and dragging markets.
F. O. B.-Sales 200 offerings very small.
Little or no demand.
SpotS-Are quoted quiet and steady at
unchanged figures with sales of 1850, but
it is generally claimed that purchases would
easily be made below official quotations,
except of very desirable styles, for which
there is a good demand.
GOVERNMENTS, STOCKS AND BONDS.
NEW YORK, May 1S.-The principal o.
ject of discussion in Wall street to-day con-
tinued to be the European situations and
its influence upon the money market here,
and the same difference of opinion seems TO
exist as to whether drain on gold to Europe
is over or not, but do not, as yet, give any
indication of serious alarm over the situa-
ton and undoubtedly the late heavy outgo
must place US nearer the end of the move
ment. First prices were generally higher
than Saturdays figures, but in the after
noon there was a serious break in all active
stocks, among which the Changers, New
England. Wizards and some others were
prominent. There is also some weakness
in the Missouri Pacific.
The whole list gave way sharply after IL
O'Clock, and, although there We're one or
two feeble rallies in the late dealing, caused
by covering of shorts. the market finally
closed weak at the lowest prices of the day.
While materially lower this evening, Cleve-
land, Cincinnati. Chicago and st. Louis was
down 135, Missouri Pacific , per cent, Bur-
lingtOn and Northern Pacific preferred l Il,
Roek Island, St. Paul and Union Pacific
each 1ss, Atchison Is and Lackawanna
per cent
Railroad bonds and government bonds
dull and easy.
State bonds declining.