The daily morning journal and courier., 1897-09-09
Estmamctal.
The Stock Market Was Irregular Yester-
 day, but Fairly Strong.

uay, DuI hAlrly strong.
 New York, Sept. S.-The stock mar ket to-day was very irregular, but it was much less under manipulation than for over week past, and the gen eral tone was one of strength, There was realizing on large scale all day, but the offerings for this purpose were more naturally absorbed. Northern Pacific preferred was rather drag on the market all day to-day and lost a point. The course of the market was downward at the opening, the interna- tionals and grangers leading, in sympa- thy with the declines in Americans on the London exchange.
 Strength developed in a number of stocks, which stemmed the decline and carried prices to the best of the day. Prof1t-taking at the close caused the loss of part of the gain, so that net changes in many leading shares are of very narrow proportions. The decision of the Atchison directors to pay per cent. on the adjustment bonds out of the earnings for the year ending June 30 directed attention to the securities of that company. The preferred stock, which has been held down by realizing sales for some time past opened off &, but rose at one time 2A points from the lowest.
 Profit-taking at the close reduced it's net gain to 11a per cent. The adjust ment bonds gained point net. There were 79,000 shares of the preferred stock sold during the day. New York Gen. tral lost a point in the early dealings. but more than recovered 1t on the pub lication of the statement of August earnings, showing an increase of $456,- 210.
 The grangers moved very narrowly all day and showed a large falling off in activity, except St. Paul, which came next to Atchison preferred, with sales of 5S,00o shares. The stock de- clined fractionally at the opening, but rose strongly, 1%, and fell off fraction at the close on profit-taking.
 Sugar was subject to a rush to real ize when it became known that the di- rectors had declared only the regular quarterly dividends of per cent. on the common and 1& per cent. on the preferred stock. It had been rumored that an extra dividend would be de- clared. After rising to 156% after the opening the price fell to 153 and fluctu- ated in a very cratic manner, but closed at a recovery of over points The preferred stock also fell over 2 points,
 Notable gains were made by the Lead stocks, the common gaining nearly 2 points and the preferred points. Illi- nois Central gained 2A per cent. on re- ports of large increase in the earnings Louisville, Southern preferred and Mo- bile and Ohio recovered point or over of their early depression, which was due to the yellow fever scare.
 There was some movement in stocks of soft coal roads on prospects of a set clement of the miners strike Wheel ing and Lake Erie preferred gained 2A. Notable gains were: Canadian Pacific 8; Chicago and Eastern Illinois 10, and Cleveland, Columbus. Cincinnati and St. Louis preferred, 3. Cotton Oil lost a point, Iowa Central preferred 11s and Oregon Navigation preferred a point.
 Dealings in bonds were of large pro- portions and at higher prices. Total sales were $4,500,000. The Atchison. Northern Pacific, Union Pacific and Denver and Gulf issues absorbed the bulk of the dealings.
 United States bonds were higher, the old As coupon being quoted at 113A bid. Q rise of A.
 Following are the closing prices re- ported by Prince & Whitely, bankers and brokers, 46 Broadway, New York, and 15 Center street, New Haven: