Omaha daily bee., 1897-04-03
STOCKS AND BONDS.
volume of Trading is Very Small, but
LmIercurrent is StrOnG.

NEW YORK, April 2-Today's trading was
marked by n still further diminution in the
volume of trading the stock exchange. the
total sales falling below POO. eco shares. Western
Union became the leader of the market in point
of number of shares sold almost 90 600 shares
chaning hands. The results of the days trad
ing left the not changes in most of the active
stocks narrow, nearly all outside the coaiers
showing gains. There was undercurrent of
strength In the grangers and others of the west
ern and southwestern roads growing out of the
agreement which. 1t isJ believed will prove
e,,tsaGioas us in maintainipE rates and stiil be
souri, decision. A noticeable feature of the mar
ket was the resumption Icf the inquiry for the
arrival in London OF individuals representing
large money interests received attention by deal
ors as probable nluenGe toward improvement
of prices iii the propetties which they represent
Northern Pacific prefertef was notably affected
by this influence owing 10 the belief aroused
that conferences in d,Qndpn were tending to
further fur acrimonious fgntro Of that road and
tirely dominated, however. by those favoring
conditions, but still cairiad the incubus of a
uate. The bear attacks on these stocks checked
caused declines of ~ per cont in Western Union
IL per cent in Manhattan, Ia per cent in New
Jersey Central ils per cent in Deleware & Hud-
cago Gas. 1t ratitef noticeable that the
subsequent improvemsntiln Western Union, can
Sage that m il business ass mo-. IMPROVE to a
point warranting the usual dividend rate. he
The buying of the Fnnderb!ts and Northern
Pacific preferred checked the decline. and prices
coalers participating in the Improvement North
ern Pacific rose per cent. and Consolidated Gas
the same. and gains of q point or more were
shown in Omaha. New York Central. Michigan
Central, Sugar, common ana preferred; Burlng
ton preferred, Chicago Gas. ST.. Paul, Rock
Island. Louisville Sc Nashville, Manhattan, Lead
and Pacific Mail. Lake Shore, which ruled at $50
bid at the outset jumped to l67 bid on the
cution of orders for 800 shares at 1s5 and 1866
Subsequently deccline to 164 bid occurred.
Leather preferred declined on unfavorable trade
ports, but partially recovered. In the active
stocks. Minnesota Iron rose 1N per cent, and
Southwestern stocks and bonds, which showed
sharp declines yesterday received effective sup
port today. Spirits gained 2% per cent on re-
ports of trade agreement and closed with net
gain of 2A per cent The close was irregular
on account of proft-talSing, and the coalers
lost all their gains but many stocks showed sub
stantlal improvements.
The bond market continued to exhibit consid-
cradle firmness which was more fully reflected in
the high class issues. The st. Paul mortgages
We're freely dealt in at n higher range, with
Chicago and Luke Superior division 5s gaining
5h per cent The Northern Pacific liens re-
circulation. and operations in the St Louis
Southwestern securities indicate considerable
per cent to 20. Sales, si.1OS, 900. Government
bonds showed strength with good demand for
The Evening Posts London financial cable
gram says: THE stock markets little
better today, but the close was duh on feel
Argentines and South Americans had the best
market. Americans were steady MIR. Perpont
vlewI. but nothing other than what stated
by him before he left New York. There is a
keen demand made for gold from the continent
and Japan at TIs i0Iad. Short loans are easier.
The Paris and Berlin markets were steady"
The following were the closing quotations on
the leading stocks of the New York exchange