Omaha daily bee., 1896-11-01
Course of Prices Irregular and Some
of Tire Flncrnnrions MnIerinI.

Of ire flucruHTI0nt hllIer1Hl.
NEW YORK. Oct. Sl-Toluy's stock market
practically consisted 1f sugar Egudinr and 81
Paul no other stock reaching the b.b0U share
mark. The course ui prices WIS irregular and
some OF the fuctugJiunE recorded IL the prin-
CiprI shares were uuterial Lake Shore for ez-
ample advancing . per cent. The early dealings
were characterized by decided strength, but real
iEEtiuT subsequently, caused concessions = slump
il the money rates 20 10 per The maxi
uxerrpl o rsassuriur influence. The opening was
EtTnuE ana higher under liberal huEluE faE both
accounts, utsllte ioNtr lu'ltLels Iof American
securities IL London Hud cthel utvleeE % d
rather tiscnurHE!uE mature regarding alleged
Impending Ai'tht!ti Lhl p'iiIaA- 44flNiiti'ts II
connection with kHttIrs abroad Bay STATE Gas
rose a.. per cent variety uf rumlrs. lnclud-
lnr that OF 4 a''tile'ltui oi al alt tefeuces he
tween the conflicting interests IN the property
The failure % confirmation Of Ihe report NJ 20
the close uf hustuesF subsequently caused sharp
reaction 10 l3i.- The extreme advances in the
lending shares ranged ~ 70 ~ per cent N Man
uurtHn. The stock Inter reacted - pef cent and
the other market about ] Igr cent. After the
first hour the market peIum- very dull owing 70
uncertainty regarding the bank statement The
exhibit apparently consistent n all items
and was more furnruhie than mao been Gntici-
garca. showing increase Of 8. ae- 3g5 IN legal
reserves. but wEf not reflected in the later ira
ing The closing irreEulUr, hut with material
Improvements in O number uf the leading sha- -es.
The early trading uf the week marked hy q
continuation ~ me huuyEncy tnut mud ChHrHC-
ferazel the previous week under the s-lmulus
business outlook. 20 which the animation IN the
cereal markets and Increased foreign demand had
In most Important degree contributed The
steady movement ~ gula Gnd the increased re-
sources o. the banks and treasury also consti-
ruIed q back lOE To the operations u the b.Ers.
IN various depErf neutF Of trade increasing Bctiv-
nv ana advancing prices aided the Efforts o.
pools 10 marking up the prices uf the ,nduEtrials.
On TuesdAy. however. q daring scoop was en-
giUe|red. presumably ly the bear leaders. On
vague sensational rum1rf % pending political
/ complications between this country and spain.
The street fell into the trap
An ensuing rally on The unqualified denial uf
the reports was checked hy growing frruness IN
/ IN" money market and subsequently Z uuli and
I lrappIur market was noted. subsequently the
. speculation became dsmurHlzed on ssml-UBuiC
I rates flr call money, q fiat lRO per cent rate
/ being reurhed The excitement stimulated relief
action l,v a number uf banks tie next dny Hnd !
pool was formed win al aggregate surplus re
serve ~ gl- O00 O00 tu lend money from Friday
I 10 Monday next NJ equivnleui 10 81 per cent le'
Lenders and the rate subsequently fell 10 per
cent a large demand for cash Faid Ind been
te''.eu al no - ~ il - az li's gllrt
the inquiry itll on maternity. some comment
was excited over the continued firmnesf 1f the
foreign exchange market IN the face o. the strin-
FrnrE N money. hut tnis vas partly attributed
IT, she belief thgt hlCh money rates would uuly
I last f1' very hrlei I'erlp1,
! The news Of the hank pool stimulated renewed
/ counts cHUst1 advances o. lGiia Ter n lht
/ nctive shHres The inproy ement IN the usualiy
/ inactive shares WAS quite marked. notably N
Pullman and Luke Shore IN the late dealings
I the ErHuFrrF were m exceptionally good demand
/ 81 Paul nno Rnck Island advancing ~ Rna ~
/ per cent respectively from the low points SuFEi
I touched llTh early N the weer nut subsequently
advanced o. nc The rally carried many stuoil
! 10 the highest figures recorded ~ q Ions time
Z The aggregate sales were 222 $50 shares The
bona market ~ the week sympHthized with th'
1 movement stocks and enlarged Investment tn
I Hurv fTf the F!lf-edred issues toward the close
( IN speculative h0nds good demand wnf AIS
+ noted with the EehciuE ans AfchtsBu IsKue
! prominent. THE net changes show SHARP gain
+ generally ~ the leading issues. The total shlei
/ were SO sgs R0O Governments were Irregular hu-
with . good under1uns The sales wsrs szl2 5e0
] a feature o. the derlnFf II silver cert lhcatei
/ WAS the execution OF orders for many small loti