Omaha daily bee., 1895-11-14
STOCKS AND BoNDs.
Irrccuinrity md FcVcrish Tone
Mcrn THO Ecnimrcs of the scssinm.

NEW YORK. Nov. 13.-IrreEularity and q
feyerish tone were the main characteristics of
today's share spe ulation TIL OF the ma ket
also reflected the elimination the previous
day of a considerable proportion Of the short in
tcrests. Previous to the opening dissatis-
tactic was expressed over the reaction this morn
ing In the London prices of American securities
from the final figures Tues lay The volume
of business showed a considerable increase. The
iHdustrias led in the extent OF trading although
the railway list also made good record in that
respect. The market elements were conflicting
and hence the irreguarity of movement that mas
been noted. The opening was firm and mod
erately active despite the wer London quota
tions Professional manipulatnrs soon began TO
work and succeeded in depressing the lists, the
more important losses being scored by Chicago
Gas and Leather preferred Toward the end Of
the first hour predictions confidently crcu.
lated on the street that further gold exports
would be ayerted this week coincident with
the abatement Of the selling pressure. and were
followed by an upward movement In which gains
were made extending in Tobacco to ~. per cent
other notable advances occurred. Realizing sales
caused an alternate reaction around midday
About / o'clock heavy buying orders were exc
cuted in Sugar which eventually carried the
price up to l02it, aga st 99il. the early low Zig
ure. In the last hour the bears made an effective
drive on Manhattan. based on tn, unfavorahl.
| showing Of the company for the year, revealing
! a dahcit r ,7sS, as compaied with surplus
| last year of &2p,lSo, making the total deficit
S63l 96S. The percentage Of operating expenses
also is placed at 62.9 per cent, including taxes.
against CO., per cent in 1924 and 500 per cent in
1898 This exhibit clearly accounts FOR the liquida-
| tion in the stock from time to time whicA the
| street has set down to the professional bears.
| The price was depressed iil per cent to lO2tb
with only a fractional subsequent recovery.
Tho general list also yielded, and sharp declines
resulted in the more prominent industrials,
| gtangers and other leading railway stocks. In
| the less active class Lackawanna and New Eng
| land sold up to 169 and 49le compared with
| their respective preceding sales of l6j and "A.
Pacific Mail suffered to the extent of Fs per cent
on gossip regarding Its relations toward the
| Panama railway. The closing weak at =
| terial general declines from the best figures of
| the day. Bonds were active and strong with
| considerable breadth to the trading.
The principal gains are: Consumers Gas Of
| Chicago lists per cent; Wabash debentutcs,
| Atchison adjustment BIDS, when issued Louis
| willie Il New Albany Consols, Ohio River lists and
Kansas & Texas IDS. Ia per cent; Kansas X
| Texas rs, 2la per cent; st. Louis Southwestern
lists and 2ds. II. per cent Oregon Short Line
| / per cent. Declines: Pitsburg Il Western lists
| and Northwestern sinking fund Gs .er cent
St Louis 81 San Francisco consol As Ia per cent.
| and Missouri Pacific BIDS ! per cent The ag-
| grcgate sales Were 81, $4,000.
| The Evening Posts London financial cablegram
| says: The improvement in the stock lists here
| continued today and was maintained To the close.
| A few small firms may fail tomorrow but moth
ing big is feared, and ii Is said that in the case
Of those who may fail their stock has already
specialties. BarnatO is crediOly said to have paid
up differences FOR at least six firms in the min
| ing market. Prices today generally higher.
| closing was at the bes'. The Financial Times
has changed its attitude and publishes leader
| today bulling Yankees. AtChson was strong on
| the reports that Jeffrey will be- president.
| PARIS Nov. l3-The bourse firm all day.
| The best feature about the bourse here appears
| to be that while certain financial assistance has
| been given most of the week. accounts are being
| resolutey and steadily liqudated rough but
| good estimate of the mining speculation in Lon
| 600 OOO would now be nearer the mark.
| The following were the closing quotations on
| the leading stocks Of the New York exchange