Omaha daily bee., 1895-10-27
STOCKS AMI BONDS.
Securities Were Fairly Active, IN
Prices Were Irregular.

NEW YORK. Oct. 26.-The market today
opened with a fair degree of activity but prices
were irregular. Inquiry soon appeared Tor sugar
and the grangers, which gained substantial frac-
lions. Lighter advances occurred in the olher
markets. aside from Illinois Steel, which rose
l4 per cent, and Minneapolis 6 st. Louis second
preferred ! per cent. Near II o'clock ne hsais
made a demonstration on the industrlals, par
ticularly Leather and Sugar. The drive was
effective, and weakness was also inpattel,
though in a lesser degree, to the general railway
list. The more extreme losses We're in Leather
preferred, IS per cent; Sugar, Is per cent ana
Pacific Mail and Chicago Gas Ia per cent, The
market closed weak at the lowest prices OF tle
day. For the week, the speculation mas been
rather quiet, with a downward trend, %L.iduida.
ton has been clearly evident in a number or
stocks, particularly Manhattan, Leather pre-,
rally occurred, but the reactionary. movement
was soon resumed. The causes Affecting inc
exert an influence has been considered to IN
dicate that the leading manipulators nave DIS
counted the encouraging factors IN ine business
situation and are DESTROYS of a lower range oi
prices before again taking the hull side. An
important development has been the joining OF
hands by all other contcnding interests IN
Northern Pacific property, Foreign exchange,
while abating in strength somewhat, has not
reflected strength to the full satisfaction OF 'he
The trading in bonds today was moderate in
volume and an easier tone prevailed. The sales
We're 1854, 900. Missouri Pacific trust s. rose ;
per cent. Manhattan consol IS Ia per cent ana
ci6c, Lincoln & Colorado IS declined 2 per cent
and East Tennessee reorganization lien 4-Js, !
per cent. The transactions IN governments az
sregated $50, 900. The dealings in bonds for the
week were upon a declining movement. The
losses We're pariially r. recovered sHIn !, later ,Sl us sa6S'd I'M
active bonds. including: Missouri Pacific trust
So, 7 per cent; Utah Northern IS, q per cent;
Buffalo & Susquehanna lists, . per cent anu
Erie reorganization lien lists, AS per cent, The
more important declines were: ST.. Louis
G San Francisco trust 5s. D Per cent and llock-
ing Valley IS. ga per cent. The aggregate sales
were 81, 1874, 900. Government bonds were quiet
and lower on sales OF $LoyAOoe. state mortsasTs
We're featureless. Silver certificates We're duh,
but higher. Purchases Were noted Of $4,000 at
Mining shares were largely dealt In. transac-
lions reaching 1900 sharest including 1000
The Evening Posts London cabIegram says:
| factoriIy. Continuation rates are easy. but the
| tone closes dull on a renewal on sales here and
| from Paris. The other markets were neglected.
! The general settlement WIFI begin on Monday.
Pessimistic Views are current about Americans.
The Paris market is still d!sorganized. Money is
The Financler says this week: There was no
change OF importance in the statemeut made by
the associated banks OF New York for the week
ending October 20, the principal features being
the continued decrease in loans and the increase
Of s~1,29l.S00 in specie. As a large number OF
| serve on the previous week. the contraction in
loans was To have been expected. There was
sources, however. The loans, az the New YorF
city banks at the close OF the current week
stood practically at the same figure reported or
June l. Orders We're received by several fof,
eign houses TO place sums 81 money aggreEltinf
| htFcIdl mllllon uolldIs On lltle, tut as the Iult
demanded was too high the funds were EN-,
ployed on call loans creating a temporary
weakness In the market. The banks showed al
actual increase OF 1901, 500 in cash holdings dur
ing the week, the loss OF sos, 900 in legal ten
ders being more than compensated by the gain
Of 81, 2s9, 500 in specie. The sudden increase n
the latter may lie ascribed az much TO lOca
transfers and the shifting Of funds as to an!
other cause,
The deposits for the past week show a fanin,
on OF 81. $500. and the effect Of the week
operations has been to increase the reserve t.
FL,So9,525. The statement as a whole H. not en-
couraglng, and reflects conditions which appea.
rather narrow, Bankers cannot believe that TN
heavy movement OF money is over, and a highe
rate is looked for within the next month. Ster
ling exchange continues high and We seem to Il
at a stage where Il would take but little 4
turn the tide our WAY.
Our imports continue large, So that our mer
| chandise trade balance Is less favorable than A
| former years. The result has been "A demand 10
commercial bills on the part Of The importers
| pressing upon a light supply. International trad
| ing I'm securities seems " be rather against US