Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1896-11-28

Security Market WINS of Holiday Pro-
nortiOns All DIV.

NEW YORK. Nov 27-The stock market today
was Of holiday proportions, but the days deal
ings fairly well distributed. There was
barely trace of outside interest and as usual
recently aside from the specaltics the net
changes were mainly trivial The market was
Irregular but heavy in tone on the untavorable
exhibits OF earnings, especially by the
grangers' lines and liquidation in the specinltics
Prices sagEcd sharply during the early dealings
under renewed progressive tactics by the bears.
The absence Of commission house orders and the
apathy Of the interests usually Identified with
the bun side gave the traders a clear field. 1t
was generally believed that tle short obligations
lively large extent. considering the light volume
of business. London quotations for American Sc
curitics came lower and the engineers also APP
peared to favor sales in this market to a mod
crate extent. The movement in the railway list
was almost generally narrow, and after de-
cline In the principal shares Of from y to per
cent, supporting orders executed and caused
rallytng movement. The high-prced indus
trials We're conspicuous for exceptionally wide
fluctuations which were considered to be
largely due to manipulation. Consolidated Gas
was sold or 4 per cent to lGlI on disappont-
mcnt over the simple declaration of the REGULAR
quarterly dividend instead Of the realization Of
the strong bun gossip of consolidation 10 per
cent extra scrip dividend. etc. The Delaware Gas
stocks became prominent, the common declining
"a per cent and the preferred as per cent
Long Island dropped ~ per cent 10 5iis the
only explanation furnished being that there
was temporarily mo mnrEet" for the stock
Dealings We're noted in standard Rope and
irvine company. successor to the United states
cordaEe company. The common ranged between
after the initial transaction at So reacted to
INls. but closed at the highest figure. IN in
crease OF $,3l% in the october gross earnings Of
The St Paul d Omaha induced a revival of ac-
uNitN in the stocks. and carried the common
UP 2ia per cent, while the preferred rose to 100
and retained the extreme gain. Leather preferred
suffered from liquidation, but rallied sharply
from the low level and closed at only slight
loss. Toward the close an improved tone was
generally apparent, and the market LETT of
steady, The bond market dull and Irregular
but the changes were narrow except in few
of the usually inactive Issues The sales were
N&6j.CCO. Government bonds were strong and
froctionally higher on purchases OF Sll6 900 sill
vet certificates were neglesled but steady on
sales of 5000.
The Evening Posts London financial cable
gram says: The stock markets were ifeess and
dull today, except for cOnsols which rose to
lllat on the belief that the contango at the
monthly settlement TO Commence tomorrow will
not be above 3la per cent. Other gilt-edgpl
stocks were firm in sympathy. American mines
Were neglected. The weekly return of the Bank
of England Is strong The coin and bull
lion increased G372,to), although only G227 600
of gold were imported for the week. that COM
ing from Portugal The reserve has increased
E5Cb,00O. TIE Paris hoursc dull and nervous
pending the monthly settlement next week and
this, Notwithstanding the fairly general inn
provement in values during the month. Tie
Berlin MARKET was steady
The following We're the closing quotations on
the leading stocks OF the New York exchange