The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1897-05-21
DECLINE
Jersey Central Engossed Attention and
I Registered Another Downward Course.
,ETRADlhG WAS ANIMATED AT TIMES
largo Portion OF tho sales wsre
Made fiji SmnlI I.ots-The Dcpres-
sios. OF tho Stock Affected tho
~ Whole List of Othcr Coalcrx-Chl-
Z cnEo Gas Rallied TO Some Extent.

New York May 20.-Jersey Central
5$engrossed the largest share Of attention
q on the Stock Exchange to-day and reg
4 tstered anorer sensational decline in a
~ long proEre IS downward. On January
10th of this year this stock sold for 102A
and on March LIST at 81. To-day the stock
s. was sold In large quantities at COZ. and
;sthe SeXtreme decline for tho day was
VI 33s, and In two days it has fallen 5Ssc.
& The trading in the stock was at times
very ANNA ted, but large portion OF
y the sales were made in small lots. many
]. successive sales Of 100 share lots being
recorded with a decline of II or even
"a on each sale. TIL caused c.edance 10
II pc given to allegations Of inside lQuda-
Mon, which served to help on the de-
Cline haven't down to 69Ac., closing at
go. TheSs sales for the day mum bered
: 36. 700. The depression Of such weight
!. on the market affected the whole list,
& the other coa1ers naturally showing the
b greatest sympathy as being subject to
some of the same conditions that have
II impaired New jersey Central's finances.
They CLOSED slightly above the lowest.
S&the extreme declines being Lackawanna
;sand Delaware and Hudson rs each, and
Is, and w. preferred Is per cent. The
general list from the opening Of the
market showed the effect of the more
j8serious phase assumed by the Cuban
&questtcn atsF Washington. America MS
s$Ysse&de pressed in London, and this
aiWhHSsa:d to be due in part to early sales
s5th&TeSon New York orders. New York
tIopeneds down to the London parity. But
sJtheresfWere not lacking evidences OF re
Comparative power in the ma: ket during
ENTHUSIASTICALLY in the Changers and
81 theErai lWay list generally. the POSSIBLE
q deXe:opments in the Cuban question b.
9tt ngfgSsieWed with compare tive cUuaM:in-
;&Sty.sass55Ihe8 market was also relieved Of
~ esfsrday'sA heavy. Weight OF Chicago
the price Of that stock rally
s "A some extent on the decision Of
!. oks Legislature 10 consider lis
n stdNarse&vo.e on the consolidation Bill
SD erseys Central ard Chicago Gas WIRE
credtteas with $1,000 out Of total Of
15o 600 shares of al stocks sod With
the sales OF Burlington, ST. Paul and
4 Delaware and Hudson added - these
there We're two-:hirds Of al sales ac-
{ counted for. Losses Of q point occurred
T. In Tennessee Coal and IRON. ana United
q States Lea her preferred. me lori er on
decreased earnings: #huwn hS the Itpril
4 statement and TIE lat;cv Oh the uufa-
voyable tadc outlook. IN tha late deal
.ins5s Metr2poli.5n traction scared gain
OF 2M on 4 judicial 1ecs!Jl favora BILE
10 the companN'S right 10 change the
motive power on certain Of is ii.2s and
atlirmng that the ely; ".gnt 20 take
had !apsed through misuse. The railway
list moved ve!y narrowly ara closed
with slight changes, c'iich .,v ias.y,
were general throughout the ls:,
Total sale OF stock: ~. inn ,i3v
amounted 20 15l.90l sharss including
Darlington. 2,100: C{liCaGu Gas 60 $50: .
Delaware and Ruds n, 1850: Manha.tln.
1920: st. Paul, ll.SdO: Tenn, G. ana l..
$500; jersey Central, 50.53l
RAILWAY bonds were we'll he'd du inc
the greater par II the day and some
marked gains occurred despite extreme
heav.ness CT TIE stock market Toward
the close. hJweva.. a generally easier
tore developed ana Ya'ues II some Of
y the,p: ointment mogtG& 2e:5 we're lowered 4
fraction. Lchieh uTR Nv,l.:Esba RE five;
We're cxcep:ioraliy fGhyglsseA AZ pcv
cent to TAG 'Nh a~gregaia sales We're
$S5t,000.