The San Francisco call., 1897-09-08
NEW YORK STOCK MARKET.

NEW YORK, N Y, sept. THE bear party
better defined and more aggressive in tod avs
market than ii has been for several weeks, and
got the ascendent for time f:om the large bull
contingent. The desire of some OF The very heavy
operators in the bull party re alizs profits was
Use f source of weakness. But the bears made
most capital out OF the yellow fever outbreak in
Nhssissup. The stocks of roads which traverse
the region Immediately infected, notably Louis
vile and Nashville most keenly affected
the whole market going off in sympathy with the
weight of heavy realizing sales.
These incidents somewhat interfered with the
plan of operations of the bulls which YVES net es-
sentaliy different from that pursued each day
last week. STOCK selected Today for putting
up er to snstai the rest Of tn market was
Northern Pacific This stock has not shared in
the recent Improvement in prices owing The
poor showing Of the earnings made in the weekly
and month Y reports of The company. But the ap-
parent weakness in the earning power of the COM
pany disregarded to-day, and the price of
The preferred stock was raised by manipulation
points and that OF the common stock about 2
points.
The days trading last week was preceded each
day by the circulation In the street of Tip
which STOCK was 10 be pushed up dur rg the day.
This policy was pursued also to-day with the ef-
feet OF stimulating speculation in The stock
named and aiding the bulls plan. hey also
assisted to-day by liveller speculative interest
on the part OF London than has been manifested
since the present rise In prices. Pric were
higher in London before the change here and buy
IN Tor LDndoD account was qui e d prominent
factor during the day. London bought about 40,-
900 shares
The orders which had accumulated in commits
sion-hOuse Offices over the double holiday we're
also effective at he opening in helping rush up
prices. he heavy sales failed reaze, how
ever and he yellow fever sentiment soon put a
stop 10 the upward movement and the market
was depressed for most OF the ba apce of the day
below Saturdays close the decline from the open
ing point exceeding a point in many prominent
shares ugar moved in erratc manner ~
day over range Of 212 points, showing strength
fer the most part. The preferred STOCK rose 234
The industrial stocks generally somewhat
neglected.
hallway bonds were less active and easier
Northern "a, iii issues showing strength and
activity. Total sales So, ,20U, 600.
Government homes rong; fours ia per
cent higher The total sales of stock to-day we're
1858 shares, iucludIng: Atchson, pfd. Ia O5O;
Baltimore and Ohio, 1878; Burlington, 3O.52O:
& {. C. and IT L, 1884; D. and X. G. pfd., 1914:
l. and y. .72O; Missouri fic. 275
and I. pfd-, 4S ~; y. \. Central. 500; Northern
P"cifc n, 720, pfl. 72O50 Northwestern, 800
Realing, 3S, %; Rock Is and 10, 0UO: 81 Paul
74420: u. Z. and Omaha, 44UJ; Sou ern raIl-
way, 300; Union Pacific, 4270 L. p. ID. and o..
$40: Wabash. 1890; pfd.. 75,OOO; " and
l. r., 47UU: Tobacco, 1920 Bay state Gas Ia
40; Chicago Gas 1920; Con. Gas 4OeO; GEN
Electric, $3.50; Pacific Mail, s5 o; sugar. 90 400.
do pfd., 63U7; T. - and l.. 7SOU: w L. e5OJ:
ChI, ago Great " estern, $3.50.