Omaha daily bee., 1896-12-05
STOCKS AND BONDS.
An1iNiIN nml nrni,il or Nistr i'm tinr.


NEW YORK, Dec. 4-The stock market dis
played increased activity and broader dis
tributicn of business. The tone was mainly
strong, owing to a variety OF Influences Calcu-
lated to advance prices. These factors included
an improved demand for choice Investments,
stocks ana bonds exceptional case in money,
call funds being nominally quoted at the close
at lWll. per cent and dividend disbursements,
actual ana anticipated. The speculation In mis-
cellaheoGS securities also exhibited Improvement
and Il wider range. The constant aCcumull-
tions of funds at this center, and Improvement
In general and railroad business conditions, leads
many investors to take up securities Of assumed
fayurdbly situated properties. Investment bonds
houses report n heavier business tnan for some
time past and good sized blocks OF the bonds
of reOrEaHlZed roads have been sold The deCla-
ration OF a dividend of per cent on the south
crn railway preferred eSertud a particularly
encouraging influence, as the action
ccptod as illustrating the confidence entertained
by the prominent interests Identified with the
property to the outlook. 1t Is lntimatcd
officially, however, the distribution is made
without reference tODthe future dividend policy
Of the company and represents portion of the
surplus earned in the last, two fiscal years In
general way 1t is asserted the prospect of con
tnued unfavorable traffic reports by some of the
railroads and the sentimental effect OF the rcas-
semblage Of congress have been discounted.
the course OF prices was somewhat Irregular, but
in many instances the tendency toward improve
mcnt was well defined particularly in the spe-
cialtics. The expert analysis Of the accounting
and reports of the previous baltimore II Ohio
management caused decline Of about 4 per
cent in the stock, but failed to affect the gen
cral market as the exhibit was regarded as
ancient history" ps
The upward movement in the general list
was accelerated by foreign purchases, chiefly
of ST. Paul and Louisville x Nashville. CONNER
cial cable was coRspicdousi for jump to lC9
on purchase Of 100 shares, as compared with
los. the last preceding sale. The market closed
steady at slight net gains in the principal
stocks. The railroad aud miscellaneous bond
market displayed considerable animation on n
bros Ter movement, which included many of the
gilt-edged issues. Speculative bids We're also
streng and more active Tne sales were S2,26i.
coo. The gains ranged from l to per cent. the
last in Rock Island debentures. Governments
We're in moderate demand, but generally firm
The sales LOCO.
The Evening Posts London financial cablegram
says: y sharp break in money rates was the
only feature in the stock market today Dis
count, however. reduced their deposit by n per
cent to 2ia per cent, and to 29 per cent for call
and notice money. The markets quiet
but, apart from Mines the tone good. The
advance in Americans continues with n fairly
good class OF business The Southern railway
dividend had good effect. Prices closed "A trilc
under the best. There are indications that gold
may go to Germany 4 l. month. The Piri bou se
weak. 1t is not in healthy condition yet
The Berlin market quiet.
The following were the closing quotations on
the leading stocks of the New York exchange
today: