Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-03-25
FINANCIAL NOTEs.

The territorial funding bonds Of Ar-
ZOua amounting 10 NJOO,OOO will be sold
at Phoenix April 3.
The Wall Street News Of March 81,
says! The report that Lazard Freres
will slip 81 100000 gold next Saturday
on an old order, we have the best author
ity for saying Is erroneous. II seems the
orders received by this firm before the
recent brenk in the sterling exchange
market, have been filled meantime IN
London. IL is not likely from present APP
pcaranccs that any gold viii be shipped
next Saturday, unless exchange goes 10
the normal exporting point Tie proln-
bilities that rates for money may advance
any day during the week, makes any
shipment of the precious metal before
next week extremely. doubtful
Trouble Is brewing over the plan Of
funding the floating debt of tie Northern
Pacific, aud the effort to force out the
Willard management for which purpose
meeting has been called for April 20,
is by no means assured Of success.
The Wall Street News says: There
was h0siy appointment of Il receiver
president FELTON, for the Cincinnati,
New Orleans and Texas Pacific on last
Saturday night This last action will
relieve the Brice-phOmas Vcoplc of fur
Their duties in connection with this road
General Thomas was the man who asked
for the receiyprshlp, and 80 hastily chat
the full complaint was not made public
The trouble grows primarily out of the
detalcation OF Treasurer Doughty some
years aGO, He uverissued stock and
stole besides, aud the company had not
only 70 stand the shortage, but recognize
the stock. There Is another reason MS
well. The company has been at logger-
heads with the city of Cincinnati over the
lease Of the Cincinnati Southern, which
was built as a municipal enterprise. and
the lessee has been In litigation for some
time TO compel the city either to modify
the lease, or make good its alleged prom
lses 70 provide Tor improvements, addi-
uonal terminals, and betterments This
is probably at the bottom of the receiv.
ership.
The eastbound all rail shipments of
dead freight from Chicago last week
amounted 10 SSOl5 tons comparing with
S3,l0S previous week and SO.GlO tons
same week last year. The Lake shore
Is again IN the lead, but the interesting
feature 10 this increase of 10 per cent
over the previous weel, aud for the frat
time this year, Is a gain over the CORE.
spending week IN 1892. THIS suggests lie
Possibility OF better export movement
during the mex. few weeks.
The sugar trust won an appreoiabla
victory before Judge Dallas in he limited
States circuit court The court denied
q motion made by District Atto,e ey
lpsham TO require John II, Searles. .lr'
the treasurer OF The American sugar Re,
inning company, to show cause why an
attachment should not issue against him
90 compel him to answer certain imnnr.
tant questions before Examiner Reel. In
the suit of the government against the
sugar trust.
The resignation of President Thomos
=, iiQtt does not seem 10 have iny1gn-
rated Tennessee coal aud iron NJ ali a,,a
y = about as heavy as anything on ~
list The Impression Is that Mr. Plat
was tired, and that his successor Viii
not lie upon a bed Of roses. The esesss
that are attainahle about the eondi,io,,
OF the company nFe not a bit eneonrs ,,i,,,,
aud there Is not the slightest suereJsiese
that the bad showing is made IN IN
purpose of getting more stock.
The good news comes from Arstr;.
that the I'VE millions which that cn,sntr,'
needs and Of which notice MAS eivey
some time ago will be obtained from some