Omaha daily bee., 1895-12-15
STOCKS AND BoNDs.
Speculation Was Almost Wholly Con-
fined to Industrinls.

NEW YORK, Dec. 1i.-SpeculatiOn today was,
as usual. chiefly in the industrials. The move
ment In that group was sharply upward. ana
especially in Tobacco. which advanced AS per
cent to 76&. Leather preferred gained 2 per
cent, Chicago Gas ~ per cent and Sugar Ia
per cent. The railway shares were lightly dealt
in and the only changes Of Importance In that
department were advances OF u per cent In Bal
timore & Ohio and Of IA per cent In Lake Erie
& Western preferred and Minneapolis & st. Louis
lists preferred. Estimates OF gold shipments on
sagging tendency In the leading railways, which
contributed to AN irregular closing. Up to a
engagements for Tuesday accounted for but
50, 1000. No gold has actually been ordered as
proposed contract between the Paciac Mail
Steamship and Panama railroad companies were
the agreements by the directors OF the first men
toned company. The Panama railroad directors
p nna Prnt'oI H,ntiu st6p Wil size sign S, ON M1ndo Ui ' Thp
industri9ls also cfnst!Eated the greater part Of
the weeks market although a number Of new
erai list came to- Hand. Tobacco and Leather
mens' The wG frs, % nIfhs4s G%R 96S fse s,i III 'es I %SSs-
able sentiment OF the dividend episode and on
tepSSsr'e1 tre sse I ISw y ai SElIi ssis STspp ,S6k a. SaG per s SSns
stock and rushed The shorts to cover on a rally
to to 1sA oro Tine reS co y MAS S uI1S ths 6 by rgm5TS
The preferred stock suffered a decline OF s& per
Leather preferred. after a decline OF per cent
to 5sh, was takeni In hand and put up TO 10 by
inside interests. The news IN general affecting
the railway shares was mainly OF an encourage
ing character. aside from the shipment OF 81 900
coo in gold and rumors of probable engagements
OF the precious metais early next week approx
mating 81 Goa. coo. Tlts restoration OF the dividend
on common to a 8 per cent annual
basis was a notafig. gent, rejecting the belief
of the powerful and Conservative interests con-
trolling the property that the outlook for business
encouraged that action. The resumption OF dlyl-
dends on the preferred stock of the Denver &
RIO Grande company after an interval of about
two years. the ratification of the Panama Rail-
road Pacific Mail Steamship contract and the
declaration OF the regular quarterly dividends
upon Manhattan railway and Western Union
telegraph stocks We're also encouraging develop
ments. Other hullish influences were the re-
ports, as yet unconiiTmed, OF an impending con
solidation of the gas interests In New York. re-
sulting IN an extreme advance in Consolidated
Gas OF 1874 per cent TO 1914. and the efforts to
restrict the production Of anthracite coal to a
point that VIII allow profitable rates TO the pro-
The serious attention Of investors and specu-
lators has been attracted 10 the affairs OF the
Baltimore a Ohio railroad on account OF per-
sistent and circumstantial reports unfayorably
affecting the credit OF that company. Vigorous
but general denials by officials were Intellectual
in preventing a decline In the price of the stock
OF So per cent. The low point today, i5&. was
the lowest price Of the year. The stock closed al
a recovery OF 2 per cent from the lowest. The
net results In the general market show irregu-
larlty, with a slight preponderence OF declines.
Important changes, aside from those noted, are
adNanuces OF ~ per cent In Manhattan; Long