Omaha daily bee., 1896-01-25
STOCKS AND BONDS.
Three Lines of Securities Did the
Yesterday.

NEW YORK, Jan. 2i.-The modest volume Of
business transacted upon the New York Stock
exchange centered today, in three stocks, To
bacco, Sugar and st. Paul. Regarding the two
first named there was circulated gossip of an UNI
favorable character, including revived rumors
of hostile action by the legislature Of the state
OF New Jersey. Both stocks not only proved
superior to the attacks, but displayed excep-
tlonal strength on buying, chiefly for short ac-
count. Although the trading in the general list
was quite limited, Improvement was noted all
along the line. The snews of the day was cal
culated to cause a cheerful temper. but this fact
did not enlist others than the strictly preferential
ing and conflicting political and other rumors.
The initial tone, as has frequently, happened
political advices received were of continued
pacific import, so far as this country is con-
advances over New York parity. Some pur-
chases were also made in this market for account
an Investment character, however. Other bull
consisted ,e pa e. rSmGrs of, Of prepara,ions
bond issue. either individually or as a collective
force. and the nonenaagement Of gold for ship
mep nsn tSmot on THIS h last 'f poih nav within 1he ' ths lns, aSy
or two has been markell In addition the street
is becoming less skepticai on the score, CT a
panies to result from the ;reopened negotiations
by the leading interests for a settlement. There
of difference are inconsiderabie. The great diff
Guilty. however. has been to arrange percentages
Of production. originally divided between
cover the demands of new producers. The
Influence noted, though failing to stimulate ac-
tivity or cause a wide distribution of specu-
lative interest, resulted in material advances
throughout the list, in which the CHANGERS, Man
haitian, Louisville & Nashville. Southern pre-
ferred. Baltimore & Ohio. the coalers and the
last in Baltimore & Ohio. The Improvement in
this stock was coincident with the news of
the election of the new president of the com
pany. Sugar scored the next best gain. "a per
cent. Tobacco was raided at the outset; and
fell IA per cent. to 74A, on n renewal or bear
pressure. Insiders took hold at the low point
and a rally resulted to 76A. Trading was fairly
animated in the early operations. then became
almost stasnated. and so continued until the
last hour. when another spell of activity oc-
Cured, in which the top figures of the day
were recorded. The market closed strong. and
generally at material net gains. Aside from n
good inquiry for Reading issues, the railway
bond market was devoid of feature. The tone
was firm. however, the dealings amounting to
81, 1863. 900.
Governments ruled steady throughout. with
transactions of 50 800.
The Evening Posts London financial cable
gram says: The stock markets today were In
a state of stagnation, due to the approaching
settlement and conflicting and unconirmed polit-
ical stories. Consols and other first-class stocks
were better. Americans were good. but closed
under the best.
The following were the closing quotations on
the leading stocks Of the New York exchange
today.