Omaha daily bee., 1896-06-21
There Was Moderate Trading for
Domestic mnI E0reign Account.

Domestic and Foreign Account.
NEW YORK, June 2O.-Today's limited stock
operations reflected moderate trading for local
and foreign account, with resulting sharp frac-
tional concessions in most properties. Rock
Island losing an exceptional rs per cent. There
was no news bearing in the general speculative
conditions and the market retained the flavor of
professionalism that has recently been evident.
Rubber preferred ran counter to the general
movement OF prices, gaining IL per cent to 10.
The trading, was of a retail character, with a
sagging tendency throughout, although evidence
Of support was noted in a few instances. The
closing was weak at about the lowest. Foreign
operations were more of a factor during the
week than for a long time past. The foreigners
appeared to regard the outlook with considerable
satisfaction at the outset, and cabled over heavy
buying orders in the international shares. The
cidedly bullish feeling in local circles, and in
duced activity in commission house business.
me railway shares assumed unusual prominence
In the trading, with an especially good demand
for the grangers and due to the
encouraging crop prospeets' P t BUYING was
of b~uoyancy in the local gas properties revived
Tum9rs of Gonsolidation projects, me improve.
to llSA occurred in the new As. The dealings
in this department were on a more extensive
scale than at any time since the elimination OF
The market received a sharp setback about the
middle Of the week, owing to n change of front
on the part of the foreign dealers, caused by
apprehension of a revival Of the Venezuelan
foreign account resulted. which carried prices
down materially. The local dealers followed, and
heavy realizing orders were executed. The
declaration Of the regular Vanderbilt dividends
and some favorable traffic returns partially
stemmed the reactionary tide, Reassuring adj
vices were cabled to Europe on the points re-
ferred to, and In response there was n recur-
renee of buying orders on a large scale. The
market generally moved irregularly and re-
sponded regularly to current developments. Ag-
gressive strength was evident at times, and this
was followed by marked weakness, rejecting the
the up grade, the grangers touched the highest
figures. reached In the present movement me
and forecasts of an advance IN prices 10 tikt
effect July ! led to material gains In the stocks
MES, particularly in L~ackawanna The week
closed with a sagging tendency TO prices under
changes are generally in Sugar, Tobacco and
New Jersey Central, which figure for IA per
cent each. The aggregate sales were ~l,OSS,OOO
Railway bonds We're firm: but otherwise fea,
during the week was fairly animated, prices
moving according to the Developments bearing
upon stocks. The comparative hgures show
gains in most cases, extending to 4 per cent IN
Oregon Improvement lists, The improvements
in the speculative issues were fractional with
SSs Ns Sc. 7Ss' 600. The market for government
vestment inquiry. The new As rose ~ per
cent to 1881 the other gains were OF less Gon,
recessions from the top level The aggregate
was steady. The sales We're $50. 600.
The New York Eina9eie eG S 5snss ms rs T Nsw y THs
city for the week ending June 20 shows the
effect OF two financial operatons-ohe INC re-
payment earlier in the week of about ignON
government money by the depository banks on
1nal bond account, and the other the 100000
OF gold exports OF one week ago, which were
not included in the previous statement, Ihe lew
hrni"oi Thousand dollars withdrawn several days
ago for exports were also Included in the state
ment for The current week. The hanks, there
fore, have lost directly something IKE $4,000
within seven days, and against this the interior
movement was the only counteractlng feature.
The decrease In cash reported for the past week
Is an Indication OF the extent of the present
Interior movement, the fow Into banks haNln6
made up a large portion OF the outgo. The De
GREASE In the idle reserve In vaults 10 very mod