Omaha daily bee., 1896-09-02
STOCKS AND poNDs
Dealings in Securities Entirely Pro-
fessiOnnl "Thromuhnnt The Scssinn.

'f'h wv 'NN~ioi
NEW YORK, sept. I-The stock market was
less decided In character today and the dealings
were entirely professional. The volume of bus
mess also fell sharply blow Yesterdays record
n feature OF the speculation was continued
selling by London. li.s"s FIR Americans ~ HAT
center failed to respuad To- tGe Improvement that
had been IN progress 1t tho close 81 business US.
uohhIlN lower, being also part! Iilv affected h.
renewed realizing. An imprpNint tendency was
noted, however. after the Initial deals, which
lasted until after the nrst hour. in the mean.
titne, substantial advances had occurred IN n any
shatcs particularly the industrttls. maniIula
ton being clearly evident. Sugir advanced !
per cent to 100, despite continued depression In
the price Of the foreign products. hcint partly IN
1uenced by reports Of the acquisition by tie
company Of a rival concern. Vigorous Icnials
OF the rumors by officials Of both companies in
duced a subsequent reaction to 1914. Tobacco
ana chicago Gas rose y per cent. and Mammal
abouts, a number Of influences later favored the
bears IN depressing prices. including a rallying
tiected In higher actual rates. and in a rise of
y per cent in posted figures to s4.S3 and $I.S5.
me movement started reports OF the probable
cancellation Of some Of the recent gold import
orders. Tne general impression is. however. that
weakness VIII shortly develop In exchange, ow-
ing 10 the prospective heavy shipments OF our
trace balance IN favor OF this country.
Additional engagements of gold today brought
inaugurated to $50, 800, 900. II is understood that
a considerable amount OF metal that is atioat
money rates were also partly responsible for a
contraction Of operations and a lower range of
prices. Inc extreme figures reached was y per
cent. Some unfavorable traffic returns were also
brtc1, irclud rg t1at Of the Loulsvile * Mesh
VILE for July, showing u decrease in net earn
ings of 1000. The stock fell to 3Ss, and
there was an appreciable Increase OF foreign
offerings. The grangers, spcCialties and indus
trials also made material concessions. Baltimore
q Ohio doomed into unfavorable prominence late
In the day and made an unexplained slump of
ga per cent to l0A on fairly liberal sales.
Illinois steel and Minnesota iron were again
conspicuous. The first dropped ? per cent to IS,
while the last named exhibited ~bouyancy to-
ward the close and jumped 5 per cent to 46. re-
acting to a. In the last hour "A drop in call
money rates to 4 per cent for actual transac-
tions, induced purchases for both accounts.
Sugar recovering to 1OSk. The closing was firm
at unimportant changes either way. Bonds were
dun, and, in most cases, exhibited depression.
in a few instances. The sales were S472, 900.
Governments were strong and active on n renewal
Of Investment purchases. The sales We're Sill
COO. Silver certificates brought sc for 10000.
The Evening Posts financial cablegram from
says: Except for mines the stock mar
kets today were HAT, due to dearer money ana
politics. Americans closed at the low
1t is believed that the rise in exchange
has checked gold shipments for the moment
that only "A small amount has gone from
the Bank of England today to America. the
principal part being for the continent. Paris
Berlin markets were firm.
The following were the closing quotations on
the leading stocks of the New York exchange
today: