Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-09-16
BOND and STOCK MARKET
,,or,rIoNs FROM THE NEW YORK
STOCK EXCHANGE.
c,,easo Gas stock shows up us the
,..aer In Yesterday's Operations.
SCAR Follows second and FIuc-
,na,es During the Day.

xsw York, Sept. 15.-During the bus
ON the stock exchange today.
"a $4,000 shares changed hands. of
.s,ch over $4,000 were of Chicago Gas.
~, sugar. $500 Reading. 1000 DIstili-
5000 st. Paul. and 600 Northern
,,ac preferred. The transactions in
otber stock exceeded 200 shares, and
~ egure being reached only in L.
and Richmond Terminal prefer
At the opening, the trading was
.,,cost entirely in Chicago Gas. the first
IA of which was at 60 IL, decline
- is from yesterdays close. The
s,Assure to sell was heavy and a fur
,ber reaction to 90 is was effected in
me early dealings. The depression in
.hs stock was ascribed to the reports
current yesterday OF u prospective war
N rates and 10 growing strength OF
~ opposition company, but there is
strong suspicion that the decline
was manipulated in the Interest OF in
.idsrs. who desired to acquire stock at
eeures below the prevailing quotations
n the recent advance. This view Of
he situation was strengthened by the
GOOD buying ut the decline, on which
ne early losses We're recovered and u
cain OF IL per cent effected ON the
aay. The stock closed strong within
is OF the highest point reached. Sugar
auctuated within d range Of S-4 per
cent. The bears seemed rather afraid
slbly fearing Il squeeze, Of which there
waS some talk ON the board. Phila-
deIphla selling depressed Reading.
which broke l les on report that the
receivers would demand that the un-
adjusted claims OF the Lehigh Valley
road for over million dollars must
be disposed of before the reoreaniza-
lion plan shall be acted upon. The
shares closed weak at bottom figures Of
the day. Dlsulling rose 3-4 per cent
on the covering Of a small line Of
shorts. recovering L. when the buying
had been effected, with final recovery
Of u.s. leaving an advance Of 3-S per
cent The grangers shares moved ir-
regularly. st. Paul was sold by London
at the opening, subsequently by room
traders, causing n decline Of 6-S per
cent without recovery. Rock Island
declined Ia, Burlington reacted les, rose
On the day. Northwest gained Ia,
Canadian Pacific broke "a per cent
on a sale OF 100 shares, Northern Pa
clhc preferred We're heavy on sales ON
4 lquidatiOn Of a long account, the stock
having been accumulated, IT Is said,
In the belief that contest would be
made at the annual election. which Is
now out of the question. The stock fel!
on rs per cent, with a final rally Of
IA. Consolidated Gas shows a decline
Of l-2 Norfolk and Western l. Louis
/ vile New Albany preferred, 7-S, and
| Richmond Terminal preferred aud lead
81 the other losses being in small
fractions Advances were recorded
| Of / 5-S in tobacco preferred, 1 L. in
| Manhattan and Us IN lead preferred
/ IN cordage preferred the last sale was
| at q. a loss of IL per cent but 20
/ was bid Mt the close. The market be-
came heavier in the final dealings. ana
| closed weak. The movement In the
share market during the week was IT.
regular. but the majority OF the at-
tive lists show declines compared with
i The figures of Saturday week ago,
sugar being about the only notable
4 exception, making a gain OF 30 per
cent The stocks which show an inn
4 pr0yement are mostly those IN which
II he transactions are usually limited.
The bond market today was irregu-
4 lar. but generally weak for the active
ksues, declines Of l per cent being
II Recorded in Kansas and Texas seconds,
q Elizabeth ana Big Sandy iirsts Road
log seconds, preferred, and St Pau
and North Montana Central skies, on
1 the week the market has moved genet'
ally In the direction OF higher values.