The Roanoke times. (Roanoke, Va.) 1897-1977, 1897-03-20
IN The WORLD if FINANCE
NEW YORK STOCKS.

New York, March Robustness ut the
stock exchange to day showed material
falling off, the sales footing up only 49,
121 shares against 277.350 shares yester.
day. AT the opening the tendency of
prices was upward with Sugar and the
gas stocks as the features. Sugar rose
IS s to 115 3-S; Chicago Gas 1.l2 to 80,
and Consolidated Gas l. After midday
Jersey Central suddenly broke over three
points on unusually large transactions.
The decline was attributed to rumors of IL
probable reduction in the dividend rate
at the April meeting of the directors. 1t
was said that payments hereafter will be
made On a four per cent. annum basis, but
nothing of an official character was given
out and the slump was generally Inscribed
to manipulation. In the Changers. Oma.
ha was inclined to weakness on realiza-
tions, which is only natural'in view of the
recent sharp advance in the speciality.
Northern Pacific preferred, Manhattan
and Western Union were especially weak
in the closing dealings. The heaviness
of Western Union, the stock having..fallen
to SO IA ex-dividend was due to the re.
fusal of the stock exchange to renew the
contract with the Gold and Stock Tele.
graph Company. While the governors
of the exchange have sent formal notice
to the Western Union, the impression pre-
walls that Il compromise will be effected
and n new deal arranged with the Gold
and Stock Telegraph Company ut more
advantageous terms to the stock eX.
change. In the industrals, Sugar, after
early advance, fell to ia. There was
some selling of this specially on the de-
NAL by Manager Sielchen, of the Woolson
Spice Company that an agreement with
the Arbuckles was likely. For days PAST
C,,, baa hop.ybt 81
the Arbuckles were to retire from the re.
filming business. Leather broke IL couple
of points and Rubber again ruled weak
on the talk of increased competition.
The market closed weak in tone. Net
changes show losses of Id to j per cent,
Jersey Central leading.
The bond market was firm. The ag-
gregated sales 81 1870, 600.
CLOSING QUOTATIONS..
American Cotton Oil. II
American Cotton Oil, preferred. So
American Sugar Refining. ....... Ia
American Sugar Refining, pref. 1913 1-2
American Tobucco.. ............ rs l-2
American Tobacco preferred. 100
Atchison II 81
Baltimore and Ohio. .......... - Ia
Canada Pacific. ...... 80
Chesapeake and Ohio. ...... II ii
Chicago Alton. $3.50. ..... 1G6
Chicago, Burlington and Quincy. n 3 8
Chicago Gas. 70 3-S
Delaware, Lack and Western. e. i5l .
Distilliug and Cattle Feeding. -. -.
ERE ................ 1T
Erie preferred ..... SO / 9
General Electric. Observation-Disclosures. 81
Illinois Central. ............... 80
Lake Erie and West. .......... l6 l.2
Lake Erie and West. preferred. -. G6
Lake Shore. 100
Louisville and Nashville. ....... 10 / s
Il. y. y. &; G. OBSERVATION-DISCLOSURES. IL
Manhattan Consolidated. ....... 50 J-S
Memphis and Charleston. ... IS
Michigan Central. Observation-Disclosures. 81
Missouri Pacific ......... ISL .
Mobile and Ohio. Observation-Disclosures. 20 1-2
Nashville, Chat. e st. L..... -. 81 1.2
COrdaGc. .................. 80.
L. $. Cordage. preferred. .. 80.
New Jersey Central. 81 , g
New York Central Observation-Disclosures. 80 | s
New York and New England. 81
Norfolk and Western preferred %
Northern Pacific. ...... l25S
Northern Pacific preferred. .... 36 . s
Northwestern Observation-Disclosures. l0S s
Northwestern preferred. ...... $50
Pacific Mail .......... 60. e.
Reading Observation-Disclosures. % 9
Rock Island Is 5.S
ST Paul ............ ...... 773 i
st. Paul preferred, 49,. . 1877 -
Silver Certificates. ..... G2 3.S
Tennessee Coal and Iron. -
Tennessee Coal and Iron, pref. SO
Texas Pacific. ........
Union Pacific ..... G3iI