Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-12-22
I&AIN DEM0RALlzED
.,a STREET HAS ANOTHER Elk
CITING DAY.
1. .on continues to Unload Ameri-
IN sccuritic. and the Effect
n. Felt In New York.

/ srsu York Dec. Il Tho trading at
4. ooening OF bushes on the stock
-.shanre today was even more de-
aro,zsd than In the initial dealings
Z, Yesterday. London cables showed
,avrr prices. but reported n better tone
,,xyaient at the center. Nevertheless
K. foreigners continued to unload
r,r.r,ean securities and the decline Of
ssrsss In the first quarter OF an hour
|s very severe and extended to 9
~ cent In Lead preferred, Suisse
r.rtly Cordage guaranteed reacted
nsr cent The decline in the leading
ss.t,ways was headed by Lake Shore,
IN a break OF per cent. The other
Vanderbilt stocks also sagged sharp
IL The furry then subsidized and prices
~ a turn upward. DIstilllng and
va improved 3 per cent; C. C. C.. q
:, T., burlington. Canada Southern,
FAYE shore and New York Central,
~ cent. The market was feverish
T,ouphout the day, and price fiuctuat-
"a rapidly, the changes being very
wv" M. market closed weak Mt losses on
N. day ranging up to 3 l-2 per cent In
cordnge guaranteed. The total sales
wore Sli,95S shares, including S0ooo IN
snear and $500 shares In st. PAU,
week of intense excitement IN IMAM
eIal circles has lust been nrousnt 70
sr,ose. seldom, " ever. has the stock
s,chanre been convulsed to such a
S.rrce and for so long period, as
u ihe present instance. Upon tho de-
,sorv Tuesday last of the presidents
sausage on the Venezuelan ifnbroglio
| IA Aggression on the stock board mas
been steadily increased.
Aasoclated Press advices declared the
uotbsohlld story to be a canard, ana
anuounced that the London bankers
bad resolved to make no withdrawals
q American credits Tor the present
"a d result declines made In the cFen-
;rc dealings were partially recovered
ma a steadier tone temporarily gov
s-raa the shares speculation. The I'M
nrovpd feeling was OF brief DURATION
"a The rains made We're in many IN
~,srcea almost entirely wiped out ana
ia market closed decidedly heavy in
tone. ,,, ave
estimated at about 100000 fhares,
which breaks all previous records. AZ
| The extreme low point or TINS morning
he important declines compared WIN
he high prices prevailing earlier IN
M week we're as follows; Consolidated
| (las. "a 1-2 per cent; New Jersey CEN
| fral' II rs; Metropolitan Traction,
1884: Lead Preferred, 1G IT,: Rock Is
| land. 10 is; Rubber Preferred, 16; Pull
! man, 10 "a. ST. Paul, ID IL Lake
| Shore, IA rs; Burlington, IA 9.s; Louis
. Vile. IA 10; c., c., C. and st. L., IL;
II. Kansas and Texas. IA is; Lacka-
I wanna and Chicago Gas, IL rs; Lake
| Erie and Western Preferred. 10 81;
| Lead, common. Il "a; Canada South
| ern, 10 Ia; Distilling, IL Ia; sugar,
| lsi Manhattan and Iowa Central.
| Preferred, Il; Pacific Mail, II -; st.
| Paul and Omaha, II H.; Delaware
and Hudson II 1-2; Missouri Pacific, IL;
1 Atchison Preferred. . 1-s; N. ", G. and
st. l.. Second Preferred, IL; La
Clede Gas. s-S; and Tobacco, is.
The dealings for the week reached the
extremely large total OF 2,7sS,SOO shares.
Government bonds ruled firm during
most OF the week, and some issuea
scored light gains towards the close
however, there was decided slump IN
values In sympathy with the general
! Weakness OF securities owing to the
scare. New fours are down 2 per cent?
hyes ] l-2: old tours, registered; old
fours, coupons, "a per cent. The total
sales were only s5s,000. which goes To
show that the panic did not extend "a
The government bonds
State bonds We're more active than
usual. with the bulk Of trading con-
lined TO Virginia centuries and Tennes'
see settlement threes. The market de-
yeloped pronounced weakness. Trading
In silver certificates was In fair volume
and purchases were made at an ad
vance Of per cent. over the final sale
o. the preceding week. Subsequently
"a per cent of the rise was lost. The
transactions footed up to $40
The trading in bonds was unusually
animated. sales reaching s2,097,000. This
Trend OF prices was sharply downward
and sensational opening was made u
southern lives, which sold down TO 81
~ against 50 at last nights closing
me bonds subsequently rallied t.
~ and closed at IS. Other lcadint
.%orlgages also ruled lower. Towart
We close there was stiffening In val
yes Of the speculative Issues. Fina
prices, however, were considerably be
VOW yesterdays closing.