Omaha daily bee., 1895-10-19
STOCKS AND BONDS.
yoIume of Business I'm Securities Fell
below the Ayerpwc,

NEW YORK. oct B.-The volume Of business
In stocks today fell cohsderably below the recent
average. THE course VI prices irregular and
the motive power came ciriefly from pool manipu-
lations and the operations Of the room traders.
The news Of the day was for the most part
favorable but the speculation lacked snap
organization Of the Union Pacific was today fol-
lowed by developments of interest bearing upon
Of the formal withdrawal OF the famous action in
the suit brought by the soldiers and Orphans
Home of St Louis against Russell Sage and other
Gould estate executors, and the official announce
ment Of the retirement Of the Deutcher com
mttee representing II minority OF holders OF the
consolidated bonds Of the Kansas Pacific rail-
road. The most important event Of the day was
"A break in the foreign exchange market in con.
nectlon with the purchase by powerful foreign
syndicate Of a large interest in the Anaconda
copper mine.
i ne ssle Of a large block of exchange in con-
neetion nee IC w,th ~ the 3PefS0n temR3nsry ren3Tes
ment OF 100000 for Buenos Ayres not
hsaviness in that group and Tennessee Coal was
ported that an agreement had finally been
reached between the lines formerly members of
the old Southern Railway and steamship asso-
irregular. without important changes. The easier
tone of the foreign exchange market had a
strengthening influence on the stock and advances
effected to 1 per cent in Sugar and to inn
upward movement induced realizing sales EN-
ceptionally weak features were I.acleie Gas
which broke 3A per cent to 2i7s and Starch lists
preferred, which lost 5ai per cent to so In the
last hour a general selling movement set in.
which caused the loss of most of the earlier inn
provements in the general list Tennessee Coal
dropped to Il. as against i2ls, yesterdays final
sale. The explanation offered was the denial OF
the reports of the impending payment Of accrued
dividends the preferred stoc:.. The market
closed with net changes in either direction slight
The trading in bonds was animated and irregular.
The securities embraced in the Union Pacific
system received substantial support announces
ment of the plan of reorganization. The Texas 4
Pacific and ST. Louis Southwestern Were notably
weak, which was in a measure attributed to the
| recent unfavorable exhibits of earnings made by
said to be caused by the slow movement of cot
ton. as result of the bull speculation in that
are Declines: Northern Pacific and Montana
| lists trust receipts and 81 Louis & Soutawestern
| class c. and Wabash debcntures series Il. 2 per
| cent: Texas & Pacific lists rs per cent; Texas
~ Pacific 2ds ! per cent; st. Paul, Minneapolis
& Manitoba DDS. Northern Pacific collateral trus,
| 6s and burlington. Cedar Rapids & Northern
collateral trust Is, III per cent. and Rochester &
| Pittsburg lists. Atlantic & Pacific As, Consumers
as o ohGaSo yesnh Sg1In a
| Pere Marquette, Port Huron division. IS, l pea
Advances: Union Pacific ss of &C. Ia per cent
| Union Pacific rs. la per cent; Union Pacific So,
per cent Terminal Railroad Of St Louis eonso
| sented. ~ per cent; Kansas & Pacific 6s of 80
ae. Pr ne % aTd reaoeI to
GIevGlaad & t's6Srg 81 snkns fund IS S',oh rose ~
Birmingham division 4 per cent. .,.
| Governments were uuiet.t with sales OF S5ouoo
| State issues came In for more than usual atten
| ton and sales were noted for $4,000 Louisville
| cousols As 5000 Tennessee settlement IS. 50 OOC
Virginia deferred 6s stamped aad $1,000 Virginia
| centuries I.3,
The Evening Posts. ( London cablcsram
| Mines mOnopozed all, the attention o
| stock operators today and other events
passed unheeded. Thus the Union Pacific
| scheme hardly noticed, although the pro
| posed assessment is heavier than was expected
| Mining shares unsalable this morning, bu
closed with sharp Eecovery bears covering
on the action of the Bafnato group in advancinl
cash their own specialties. The next monthly
settlement in Paris causes anxiety. although tn,
recent liquidation must have much decreased th'
hu'l account. The oben settlement in BarnatC
shares will terminate Monday, when deliverance
amounting to about mill on sterling have to bt
imet. There small failure today. Amerl
| cans. which had been dat, on fears of gold ex
| ports to Europe. closed much better with mines
| The following were the cioslns quotations OF
the leading. stocks OF the New York exchang'
Il tOda