Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-10-03

" ~ York oct. 2.--To t. G. McPeak
M &X Stock and Bond Brokers. Stocks
steady with good demand for
'dy tNHl hui. Pressure to sell sugar was
/. kted. but at the decline Insiders
bred to be willing to give the
10 n more substantial support than
u U1 have done In some time. The
\ MI1tfs also shifted to the long side.
rH INK Island was one OF the strong
4 n &94{urcs and advanced on purchases
'cal.!IC{ Western account
f. 81 (ndnmaclS is believed TO have sold
3f8tcrday on knowledge OF some bad
~H9Na liable to come. Wheeler covered
An Th1 Ionn market showed premiums for
=" 'nipo stocks and n rally today was con-
HIdefed probable. Speculative holders
SN(A4f western Union let so. Buying was
INrether good. save-in sales st. Paul
iS(>zcou4'hered long stock. Havemeyer
SSdo mol say buy sugar yet. but extent
drcline important. Changes in Atch-
I. ison lisely to be against second mort
gage bonds The selling Of sugar was
en- the news In regard 10 the indict-
of Havemeyer and Searles. II
WAS Argued that this would strengthen
what has appeared to be the policy
Nor the management In allowing the
tVprice OF the stock to reflect results OF
hostile litigation and the fear of more
10 cnfne The talk of the room was
that 11igar would go to 49, There Is
More Bull talk on d. g, H. than has
beat heard since the Sage loan fni'e1,
G-hcints come from people heretofore
tai dentined with the property In
>6i1afo well informed people who ex-
Ur1fncd Distillers assets whom the Sage
ban Was being negotiated say that the
!. .nruphny has very valuable assets nd
% ehuitoNle be IN a comparatively easy po-
itIon. unless there is something rad
Gully wrong to conceal A great deal
ms been made of the Reading dehclt
Or nine months of the fiscal year. with
IrIo n the hest months of the Npur
20 come. AS a matter OF fact II the
BENDING was operated as other roads
ire and as II is likely to be IL the Earl
,lan goes through the showing would
------1ot have been bad so far as the general
mortgage bonds are concerned
London, Oct. "a p. m.--Chesapeake
md ohio is higher, Louisville South
I'm Unchanged, Louisville and Nash
ollie -, 81. Paul IA higher. erie un-
/, changed, Union Pacific 1-2 higher
I Northern Pacific preferred lis, Reading
i-S down, Atchson is higher.
sris, The market made several false starts
- his nfternoon In the direction of recov-
- ny. bpt each rally was checked by the
TX IeliinE at Sugar for both accounts
crnPhc drop In Sugar has now reached a
y 'ee1pint where investment holdings are
on strr<rE dislodged and us insiders aye
- not ewing the stock any support the
G radefs prefer to operate on the short
AFpecial drive was made against
ted .ouisSile and Nashville on the hint
hat annual report will make some
nd llsnpi s. an. disclosures ind reveal a
.luppcsed. The Cammaek brokers We're
h)ripcipal sellers, but at the decline
c.A here was good demand to cover
S''- hort contracts. Chicago Gas looked
90 heavy and the rallies were
'I1nV'ecble; as there was considerable long
hs'ifock for sale at the advance. The
~. arogram OF the manipulators seemed
M2N.p be directed toward keeping In the
/. N. hort interest at the same time stock
Aa' tas| made easier 10 borrow IN
~ ae ban market The Changers were
trcig steady, although ST. Paul and
look Island continued TO demand In
..,,a{dc support An attack was made on
= hicago, Burlington ana Quincy In
$500, ne dnal half hour and some stop Or
"a ''i'- ~ efsA were caught.