Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-09-18
ONE CONTINUAL DECLINE
:, rus STOCK AND'noNp MARKET
YESTERDAY.
.,ulpa Very Heavy In the Closing
uour-Thc Money Market-The
pond Market Heavy with De-
.,ines in some.

New York, Sept. l7.--sugar opened
Al io2. ex-dlvidend OF per cent. a de-
.une Of IL. taking of the dividend
Fum saturdays closing. on steady
.,nlng, with only an occasional rally
Jue 10 covering Of short contracts 10
,ske profits. the shares continued 10 de-
,4ne during the day. In the final trad
,ns the selling was heaviest and the
losses greatest, the low point Of the
day 81 is being touched just before the
eiose. A rally OF is was made In the
anal sale. leaving a net decline on the
asv Of per cent The preferred stock
/ ost IL It is said that inside inter
IS started the selling. which was
AIKEN up by the bear traders. Rumor
1 has 1t that the company will issue a
uatement Of its finances very soon.
|osulling makes the next heaviest
bvak, decline 1-2 from Saturdays
|fnal sale and closing within is OF the
pwest figure made. The stock was
i,i,;y -wel--g,eld- during the ~.SrlsHs,
= but reeeded during the afternoon, the
sneral bulk OF the sales being credi-
ad to Insiders. The recent rumors as to
recelvership were revived and a re-
Enr was circulated to the effect that
Ia bondholders proposed to take the
tproperty 10 secure their bonds. There
H great uncertainty as to the future
h the company and the final trading
IN It's stock was very feyerish. De-
hines We're established at the close OF
i-g In tobacco, "a in cotton oil pre-
Esued and lead common and preferred
* In United States leather 4 il IN do
"a "a In Laclede gas, 5-S in Edison
Electric Of New York, and 1-s In
Eaneral Electric and Consolidated gas.
Inlcago gas showed marked strength
Il the cary dealings and under good
<ylng, mainly TO cover short contracts.
H. l Ia 10 -. Before noon. how
&gpr II had begun to sag off with Its
ster stocks and Joined IN force In the
wnward movement Of the afternoon,
4 rsaklng to 20 lis with final recovery
Il which limited the depreciation on
a IL day 20 Ia The railway list shared
some extent in the prevailing de-
rsssion. but except IN Reading. there
as at no time any great pressure to
n Publication Of the reorganization
Ian caused sales or Reading by dis
ID 0pulNlfu HbiltIH anu n htNllnN OF l-N
Is Effected, Philadelphia was the
tnclpal seller and in the later trading
hen recovery OF 1 Per cent was
ade. the buying orders were mainly
the same account and it 10 believed
li the greatest part Of the trading
is done by Philadelphia. During the
vt hour nearly every share dealt in
Fought lower values and the market
sssd heavy at declines ranging from
4 10 is, the latter in Baltimore and
Ao, In Adams Express l-2 I'm ST,
iul and Omaha, / ia In Pittsburg c.
ST. Louis pfd ! In do common; IA
Northwestern / is in Southern pfd,
4.n Pacific mail, oregon Improvement
u Baltimore and Ohio Southwestern
"a Ohio Southern shows an advance
and few other shares made gains
mall fraction, including st, Paul,
1, Rock Island and Burlington and
ancy each lose is on the day.
The bond market opened weak and
IS heavy during the greater part Of
day but improved In the latter deal
% and closed there. The greatest
preston was in the Reading income
nds, which declined l l-2Ql 81, with |
Teeovery OF 5-SG / "a, Kansas and |
sas % We're notably weak, and on
4yy selling broke. is to ".