Omaha daily bee., 1897-06-13

ting the proceed. into aiaSr f-.ss preparatlye 20
gains and part losses rs1,qeI declaration ~ the
usual quarterly diyiienr--~r- Western Union %
Ia per cent solved a bng%tanding doubt in
Wall street. and this. t1g- g-tter with the favor
able quarterly statement n the company ana
the increased earnings ~ Moi1AlN'nt @tINe .l
hands and then drive them t1 cover Western
Unions statement mas afs7 eeen made mHcn ,t
ness conditions 20 which the telegraph business
is always regarded as 20 gcive index. Ihe
ution Tor snort distance hhsuess makes the
Western Union statement aA the more siEniycant
in this particular. The-u marked strength ~ me
stocks 20 iron companies irVs been another Indi-
cation of improving trade conditions. and is ut-
trihutabla To- the rise in tbs pyics OF. iron The
fact that the largely increased ynlumt % business
In the iron industry. which followed the hieak lh
Ing prices is taken as an encouraging sisn.
Reasoning by analogy thu large volume ~ deai-
ngs In many lines OF trade now Is admitted and
hopes are awakened that prices generally will
also improve with awakened business activity.
re weeks rain ~ The Iron companies range
f-grn ia. nor rent in Hook n- coal to per cent
ap,yrn by Iiiip1is steel colorado Fuel and Iron
and Tennessee Coat and Iron. Quite a feature
In the market all week has been the aggressive
strength shown by the loW-prlcsd snaI' -. - &
ferred stocks leading. oregon Navigation PR
ferrcd leads the Improvement in this class with =
strung all week and New Jersey Central closed
at az per cent higher, Delaware Hudson. ~
x
and the Reading stocks the latter in heaNy deaf
ings. over per cent higher. Other notah'e nt'
sugar prpferrsd Rubber preferred. Northern Pa
cinc preferred, ST. Paul & Duluth. oregon Shof'
Line twhen issued Lake Erie y Western pre-
ferred. omaha preferred. and II. LUIS & q 's'
Francisco, lst preferred per cent or over LIN
seed OIL Canada SOUTHERN, SeH H8lsi. III. Ps,I5
& st Louis preferred and broohiyh haP'I
Transit. pes Nuines Il Fort Dodge. Kansas X
Texas preferred Norfolk and Western prererrTm n,
Pacific Mail. Canadian Pacihe FnI.tnan Fn.t @ a,,"
Electric Light Of Brooklyn. per cent or over.
Net gains of per cent were shown IN ia,s' g
number q stocks. chicago Gas ~ on VI,
ton ana oregon Navigation. and CleyelanI,
Cincinnati. Chicago st. Louis and ERE ,s
preferred. havs lost per cent or more. ~, ~
Pacific was active during the greater part OF the
week but closed with signt gain. ....,
during the week. with the dealings in consid-
erable volume The market was s snyetneh & =" q
considerable extent by the developments oper-
atInr TO enhance share values. Purchases nE
leading interests impaired decided impetus Ip
the general tendency. with the inquiry Tor the
liens Of reorganizei properties very brisk
/ Transactions for continental account were IN
! large volume and included purchases Of the
more prominent international mortgages. some
/ Of the middle grade bonds were marketed nut
! tho offerings ,yer. readily absorbed and more
/ general disposition evident to carry ln+s
OF the low priced speculative issues The hsuallF
jp,rtiys sArur,iies we're conspicuous in the spec
] uIatiun and sustained material improvements
only. The gilt-elEei bonds commanded falr at
/ tention but the variations were rather narrow
! The changes in the more active mortgages were
mainly unimportant, with gains. b. .weNtr. pr a.
! lent aside from Atchison Is. which are on !,
/ ne- cent ana AtChisnn adjustment - unchanged
J Tn. aggregate sales were SO 1856 600 The prn-
! -pal advances We're; Iron Mountain stamped
/ IS per cent; Tennessee Coal firsts BrminE-
| ham division : per cent; Oregon Short Line
| consol IS trust receipts per cent; Brooklyn
| transit * burlington rs Iowa division General
| Electric dehenture IS International " Great
! Northern thirds. Iron Mountain ~. Missouri
| Pacific consol IS and Utah Southern general IS.
| trust receipts per cent or over: Wabash sec
| onds Detroit & Chicago extension hrsts, +
Tosenh * Grand Island first trust receipts North
! ern Pacific collateral - and Louisville New
/ Albany consol trust receipts per cent or over,
| Central Georgia west Incomes, Iowa Central
| hrsts. PutsburE & Western irsts. st. Louis X
| san Francisco general As. oregon Short Line
! Incomes A. Union Pacific sinking fund -, per
| cent; Norfolk N Western IS. Hooking Valley first
! trust receipts T0leio Peoria " Western trsts.
! Wabash debenture series Il and Fort Worth <
! Denver city trust receipts per cent or over.
| Government bonds exhibited considerable hrrn-
ness.
The following were the closing quotations on
| the lending stocks of the New York exchange