Omaha daily bee., 1895-03-10
STOCKS AND BONDS.
Share Speculation Was Quito Active for
Saturday and Generally strong.

NEW YORK March 9-The share speculation
was quite active for a,iSaturday and in the
main strong in tone the purchases being largely
for the short account. The market was heaviest
in the early dealings, when London was a seller
OF the arbitrage specialties. At the end Of half
an hour the downward movement was checked,
and during the rest of the day the trend of
prices was. n rule, upward the market clos
ing in good tone. Sugar led the market in point
of activity and was in good demand until the
n Than H gam oi IN per era 9h a 81
IA per cent with a final rally of 7s per cent.
( o S up 2 per up cent m per peosnR per een
higher at the close Canadian Pacific advanced
ga per cent the last being the highest price
The grangers were inactive. except st. Paul.
which was sold In round amounts by London
gained Ss per celt on late coverings The coalers
were we recorded In Lake sh9se M OF Of u. per cent and
Tobacco ~ per cent. and declines were estab-
cent cent in " Denver & Rio - titande preferred and
per ceat in Cotton OH The weeks Transactions
aggregated llSSOOo saares, a greater total than
The Increased activity was mainly due to
declaration Of the quarteriy dividend. Preceding
the directors meeting rumors were cleverly
dividend would be sealed nom : per % cent TO ~
or per cent Short sales Nere thereby induced
Whea on Thursday the fun dividend was de-
elared the price rose and par was reached
net gain on the week is 6i4 per cent. The pre-
ferred stock made an advance Of 2Ia per cent.
Baltimore a Ohio was subjected to continuous
hammering up to yesterday when the low fig
OF ~ touched, II hreak of 87s per cent
from last week. The decline due TO reports
that there a probability that the road would
bs placed in the hands OF "A receiver. and also
that reduction in the dividend would be
dered necessary Dcnafp of the recevership
story and the assuranc; that the company is in
good financial condition caused rally OF A
per cent restricting the net loss to 42s per cent
Canadian Pacific fell 10 per cent to 33. but
rallied to 36A Chicago Gas began the week
with an improvement Of IA per cent, TO a. but
the mayoral approval Of the ordinance granting
franchise TO an opposition company the
price down to 20. Subsequently the stock rose
TO i24. Reading sold down per cent on
the reported imminency Of foreclosure proceed
ings. recovering y per cent The coal shares
We're higher In the early dealings. and New Jer-
sey Central gained 2h per cent and Delaware a.
Hudson lh per cent Subsequently the unfavor-
able Developments in the anthracite Industry
brought about "A recession In New Jersey Cen
trail OF A.. per cent, Delaware & Hudson Az and
duced purchases and the net losses are but x
per cent In New Jersey Central, l& per cent in
Delaware Hudson. and "a per cent in Lack
awanna- New York Central broke ~ per cent
on a reacwal OF the talk that the dividend would
be scaled. The net loss Is l% per cent The
probability OF heavy assessment caused Erie
| to lose Is per cent pn the week.
The other net changes Advances: Hook
| ing Valley preferred, AZ per cent: Tobacco.
per cent; Cotton OH preferred. per cent:
Leather preferred 2As per cent, and Great North
ern preferred. Lead and Pittsburg q Western
preferred. per cent. Declines: Oregon Im-