New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-10

on THE STOCK EXCHANGE.
Monday, March 9-p. m

The security markets opened the week VII"
neither life nor important change In prices Ihere
was the same lack of outside Interest as last week
and speculative London was even less OF FACTOR
than a few days ago when there was considerd"'e
arbitrage buying. The reason for the guinness III
stocks has been too often pointed OUT 10 need
further comment and tn. few movements In the
market to-day are not worthy OF extensive con-
sideration The bond department presented the
best trading OF the day, with considerable activity
and strength in a number OF issues. particularly
the Northern Pacific issues. which again took the
lead in point OF activity, the par value OF total
sales amounting TO over $4,000. For the last
two weeks there has been q lively absorption OF
Northern Pacific. bonds. chiefly the consols ana
II Is known that this movement - IN ahticipa'lo"
OF the reorganization plan which may De an
nounced at no late date. AT present there are
three plans under consideration but the pro
visions are being carefully guarded In stocks
the toial days business amounted 10 1881
shares Of which FIVE stocks. American Tobacco:
Sugar Refining. Baltimore and ONO. General
Electric and ST. Paul. contrbuted the greater
part OF the business. American Tobacco alone
furnished 808 800 shares at prices ranging IRON
the opening at 7311 to 727s. the closing price the
net loss from Saturday being Y per cent. Inc
movement In this stock was due TO manipulation
and f.. activity can be accounted for from the
fact that the dubious financial condition OF the
company makes the stock at present the pesI Oh
the industrials for stock manipulation Inc
Sugar Refining Company declared It's regular
dividends to-day, but the stock moved without
feature
General Electric was unusually active al an
advancing price manipulation and buying
based upon reports favorable TO the company
business. while Manhattan Elevated on down
ward movement reflected selling induced by the
favorable report upon the underground rapid
transit plan. The stock opened y per cent down
from Saturdays closing and sold on per cent,
closing at 104i1. a loss OF y per cent. The
Granger shares were irregular. but fractionaiiy
higher at the close. st. Paul still keeping little
ahead of Burlington. Baltimore and ONO was
strong on covering OF shorts gaining per cent.
and American Cotton Oil developed weaker
tone the preferred stock losing per cent Re-
ports have been industrtously circulated init
mating that the company has no, earned In
terest and dividend requirements. but this was
officially denied on Saturday. Elsewhere among
the list there comparative stagnation. sales
being confined to small figures and many stocks
we're completely neglected. The days trading
showed no decided tone. last prices being about
evenly divided between gains and losses The
indications from Washington that the Senate
would delay action on the Cuban question caused
slight rallies a many stocks at the close The
general financial situation remained unchanged
and without feature.
Last prices Of the chief active stocks COM
marc with Saturdays az follows: