The times., 1899-01-19

Increase s1,S06: from July decline So
$40. Missouri Pacific, second week of
January, decrease tSif,h0O; fiscal year de-
crease $4o,5S7, For the first week of
January the Panhandle lines show an
increase of nearlyi S6d, eco. Texas Pacific.
second week Of January. decrease S21j2S;
from January l, decrease, $32, 600 Wabash,
second week of January, increase $23.0OO:
from July /, increase $645 700. Missouri
Kansas q Texas, second week of January,
decrease $26,560; from January /, de-
crease. $4,000.
There was good advance yesterday in
Omaha accompanying the activity in Dur
lington and the other grangerS. The di-
rectors of the road will meet today to act
on the dividend questions for the common
stock. and there is a general expectation
that there will be either an extra divi
dend or an increase in the regular rate.
Northwest, which usually moves with
Omaha, was also strong, closing at 147,
with an advance of 1 l2 points.
The sure thing" tip on Manhattan and
Metropolitan is still given out with the
greatest confidence. There was an ad-
vance in Manhattan yesterday, but it was
not a large one and Metropolitan closed
at lower than the opening price.
The news concerning Manhattan yester-
day was that the Vanderbilts have acquir-
ed large block Of the stock. 1t was even
said in some quarters that the Vanderbilts
now control the road entirely. The as
sumption of ths management of the road
by Nlr. Skitt is Hgarded as significant.
There was an immense demand for the
new Louisville and Nashville gold bonds,
SO, GOO 900 of which were opened for sub
scriptiOn yesterday. 1t is said that the
amount was five times oversubscribed
within an hour of the time they were
opened. Louisville refuses to advance. 1t
was one of the rumors yesterday that the
pool which has been endcavoring TO put up
the stock has been dissolved.
The Pacific stocks were strong yesterday
and there was more activity in them than
for several days past. II is the general
opinion that before the end of the week
hey will be taken up enthusiastically by
the street and the public after the advance
in the grangers has gone lar as to
frighten spectators away from them. The
Northern Pacific securities are especially
attractive to conservative investors on ac-
count of the large increases, in earnings
constantly shown by the road.
Central and Southern Pacific were both
advanced yesterday on good buying. Mr.
Flowers brokers were buyers of these
stocks yesterday, but it cannot be stated
that Mr. Flower himself is interested in
them. There is, however, much bullish
talk of both, based on the large earnings
and the probability that the settlement
with the Government will be on most ad-
vantageous terms.
One of the tips yesterday was that Fed
eral Steel common viii 20 to 60 within a
few days. Both the common and the pre-
ferred stock of the company We're in de-
mand at advanced prices. There is. how
ever, still manifest a disposition TO let the
industrial stocks alone.
The business on the local stock exchange
yesterday was large and prices in most
cases well held up. The number of stocks
traded in-thirteen-was quite phenOm-
email. Every day now witnesses good
trading, indicating an eagerness on the
part of the public to secure local stocks
that is most gratifying.
Twenty-four shares of Electric Light
were sold yesterday at 152, or 81 above the
Norris syndicate price. 1t is understood
that the new parties in the field are Sc
curing a considerable block OF the stock
by their offer of above $50.
Washington Gas sold for SO 10 Lanston
at 16 Ia and Lincoln Bank at 112 and 11}.
There was a considerable furry in Pneu-
matte Gun Carriage yesterday and several
very big blocks Of the stock came out
without hurting the price materially. There
is much talk of a determination on the
part Of certain parties TO get all stock in
sigh; and then advance the price rapidly
and the business done in the stock yester-
day would seem to indicate that the plan
is to be carried out. Nearly 5000 shares
We're traded in, quite a phenomenal amount
even for such low priced stock as Gun