Omaha daily bee., 1897-06-06

that the depietl N of theleupus gold reserve IN
the treasury not MEASURED by the amount Of
sou ehppt's. lll5 i - ~ 49,, E,y, A..
in fact cor'iierauly lessflaa tNo-iniuls OF tse
couatr elt ps are 90 bernfattui and OF good
quality is accepted siNng the best possible
assurance % increased prosperity and cNpanded
business lie GRIP pr'sle - - !..s. nsd an esPe
ciaily beneiiciai erect On tue gTanser s.uup OF
railroads The reports u Earnings rom these
railroads for the week have also added 70 theiF
streneth. notably 50 In Sarlbwestern and Bur-
ungtcn. \ large portion ot ne week specuiR-
tan. SO gar as the Silesad lAst was cen-
earnings OF southern ASA southwestern roads
continue 20 reflect the eSpansion of business IN
,b,,as 5tt.fters also In the money market there
mas been an increase Of acu'ity IN the mereah-
lie paper department indicating an increased
nee rf ,r.fIts in trade There nave been also
large withdrawals OF the money deposited Win
SeI, ygrk hanks by outside banks Tor use IN
banks in reducing the rate OF interest," paiy "h On
deposits 10y outside banks has served 70 @ yiegN
this tendency and to increase agatn the accuinu-
iation OF outside banks deposits IN NtW i lotN
hanks. The barometer OF tle stock as HZsua.. usual
mas been quick to respond to these eNidenVts
OF awakening activity in trade. me laleIs
have shown themselves somewhat tmid ana us uis.
trustful Of the improvement AS was naIu, is ~
after the long period OF depression ana recurring
reaction lhey have been constantly Na'SniHl
bs.n haits during the week for this purpose
especially at the times ot TIE pteaNs ln -, ~,
shares OF rubber and Cleveland -lhcihl is,
Chicago 4 st. Louis. due TO reduction OF % dlvl-
,lend in the former and rurnorS Oh reuuviion rei,
in fhe
bavs been steadily and confidently absorbed
without notable reaction and each day : ueSt,-
0pments had added to the eonnaenSe oI ] rne ~ AZ
count have been large and well disirioutgu @ t,,1
shares OF reorganization compen.s oel"s e'''
cialiy prominent in this movement t,,
The granger shares easily led the tallrS3n
district both in point of activity anu W; "a
,.,"sinE the week unchanged. Northwestern
| raIned az per cent Burlington per cent, Rock
island 2As per cent and st faul -Ns per Teu,, Ti
Isria second preferred rose AZ per cent Lake
shore 81. per cent. Chicago Gas SS per cent;
New Jersey Central and Reading first preferred
| az per cent Illinois steel per cent. canadian
| Pacific %. per cent, Sugar, Louisville * Nash-
VILE and susquehanna preferred 2s per eeni-
| ing stpcks in the market showed gain Of a
point or over. the marked exceptions being west
grn Union with fractional loss .
The bond market during the week displayed
argressive strength and was considerably ami
| T1s,ad the sales for the i've trading days e1-
| cepding 81 O0a. 800 The improved hnarcial and
| commercial outlook induced heavy purchases Tor
| foreign account, which served TO stimulate m
| vestrnent and speculative buying by domestic
| interests The speculative Issues absorbed the
hulk Of the dealings but extensive business
was transacted in the usually inactive mortgages
| IN which the more noteworthy improvements
| were registered. Some specific developments op-
| Grated toward decisive gains in rev Issues
| The prominence OF bonds of roads undergoing
| reorganization and the activity OF the low grade
securities was generally favorably commented
upon indicating a decided wakening OF the
| dormant outside interest in the market The
| net changes show gains ranging from to Az
| per cent. which embrace all the principal mort
gages. Some few exceptions. however, are noted,
/ including Peoria, Decatur Evansville htstS
| and Michigan Central 6s az per cent. The more
| important advances were: st. Louis Southwest
orn tirsts. per cent: East Tennessee Divisional
| -. per cent; Wabash seconds, per cent;
| Pittsburg, Chicago CINCINNATI q St Louis, ~
series \, 2s per cent; Missouri Pacific consol 6s,
| per cent; Iron Mountain SIS. per cent. Gov
| ernments were moderately active and ruled rong
| in sympathy with the advances in other securi-
The following were the closing quotations on
| the leading stocks Of the New York exchange
| today: