The daily morning journal and courier., 1898-01-18
EtmnMctaI.
Standard Shares show n Fractional Im-
 provement on tho Whole.

Standard Shares show n Fractional Im-
 provement on tho Whole.
 New York, Jan. 17.-Standard shares showed fractional improvement on the whole to-day, except in the case of some shares in which special influences were operating in their favor and there the improvement was more marked. The dealings were widely distributed, and had a generally healthy tone. The stocks sold Friday and Saturday on the ground of possible foreign compli- cations were repurchased to-day, total dealings amounting to nearly half million. In some shares London and the Continental bourses were sustain ing factors, although the purchases for foreign account were meagre, as the To- cal market early outstripped the for eign initiative toward a higher level. Pronounced activity and strength were displayed in the local transportation shares, Metropolitan Traction making Q net gain of 6l1. That security was marked up by it's friends on rumors of closer relations to Manhattan Elevated, it being reported that with the installa- tion of an electrical equipment for the Manhattan Elevated the Metropolitan property could effect a saving by util- izing the electrical power. This ru- nor, however, received no published verification.
 Sugar on enormous transactions made net gain of %, although in the earlier transactions there was considerable weakness noted in that security. The old subject was brought up from what | the result of Hawaiian annexation would be with free importation of Ha- waiian sugar and the probability that | by midsummer there would be competi- I tion between sugar refineries now being erected.
 Stocks of properties located in the l Pacific northwest were generally bene- l fited by the belief that they would se- | cure much traffic owing to the Klon- alike boom. Oregon Railway and Nav l igation compaby had earnings from July 1 to November 30 said to be very large Burlington, St. Paul, North western Pacific and Union Pacific were strong. The non-appearance of the Nebraska maximum freight decision was sustaining factor in the days news. Brokers seemed to give some credit to the reports of closer relation | in the management of all Vanderbilt railways Lake Shore and New York Central were particularly strong, show I ing approximate gains of two per cent. l National Lead on very small transac- l tions was fTaetlohally higher.
 l The fact that New York and Chicago Il are lending n1bney on the London and I Continental markets continues to be a I favorable factor, foreigners so far hav- ing liquidated their debt for America 8 l unparalleled exports to the extent of re- turning some American securities In to-day's market the gains of import ance were Consolidated Gas, Wells-F go 4. Manhattan 2ss. Metropolitan Traction 61a, Northern Pacific 1%, Ore gon Railway and Navigation company 4%, Oregon Railway and Navigation company preferred 3A, Pittsburg, Gin cinnati, Chicago and St. Louis 1%
 Western Gas company and Wiscon- sin 9 Other stocks also closed very strong.
 The bond market showed a falling off In transactions, but considerable undertone of strength was evident which was reflected in substantial ap- l preciations in many of the usually dor man issues. Seattle, Lake Shore and Eastern rose a point Wisconsin Gen tral was in urgent demand. The aggre- gate sales were $3,525,000.
 l Government bonds showed heaviness
 the fives and new fours losing slightly Following are the closing prices re-
 ported by Prince &, Whitely, bankers
 and brokers, 46 Broadway, New York, and 15 Center street, New Haven.
 Bid. Asked.