The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-08-19

the Baltimore aud Ohio stocks, Southern
and Central Pacific and Southern hali-
way preferred, which rOse early from
/ to 2 points.
The high-priced Specialties and the
stocks of local corporations were subject
ed to renewed bear pressure and snow
ed notable declines, especially 1oDacco
and Consolidated Gas, which declined
212 and 8 points respectively. A frac-
ton was Knocked off prices all Through
the list and net gains in the general list
were brought below a point. But very
substantial rise in prices remains never
theless, gains being quite generally dlf-
fused through the list The Changers
and Pucitics, Southwesterns, the Coalers
and number OF soft coal roads all have
gains 10 show approaching a point.
Louisville and Nashville continued to
be taken on a very large scale and was
pushed up at one time to S1H. Southern
Railway preferred declined ON realizing
with the publication of the dividend am
nouncement and the statement of fin
ances of the year. Minneapolis and st.
Louis made brilliant advance of CPS,
the second preferred rising 2l2. Iowa
Central preferred, Evansville and Terre
Haute, the new Hooking Valley stocks,
Hooking Coal and Illinois Central were
some of the usually inactive stocks which
gained notably from 1 to 31a. The Iron
and Steel stocks Jagged throughout eX-
cept Tennessee Coal and Iron, which
moved upwards again to near the high
point Late realizing was in part due
to reyulsion in the recent contideticc
over the money market outlook, in spite
Al Al.
err today.
The known movement of money for the
week indicated net loss in cash to the
banks of over 100000. Last weeks
large gain in cash is now generally at
tributed to some special operation and
some anxiety is felt lest the hidden
causes which drained the cash account
of the banks OH previous weeks may
have heen at work again. The ease of
money in New York continues to be due
to offerings Of outside funds. London
bought stocks in this market today, and
the fact that the London exchange
would be closed tomorrow had some i'm
fluence ON the hate reactions in prices
here. The market closed rather heavy
with only a few stocks marked up a
fraction in the final dealings.
There was very large demand for
Southern Pacific As at or about 81. The
Southwestern mortgages as a rule were
strong and generally are higher. Total
sales of bonds (par yalue) SD, 755.000.
United States old As coupon declined
II an the bid price.
The total sales of stocks were COS, 800
shares, including: Atchison, 1920; At
Gibson preferred: 1850; Baltimore and
Ohio, 6,700; Central Pacific, 22,5G0,
Chicago, Burlington and Quincy, H.,
$50: Chesapeake and Ohio, 10050; Louis
vile and Nashville 1876; Manhattan
Elevated, 1910; Metropolitan Street
Railway, $3.50; Minneapolis and st.
Louis, 5,100; Missouri Pacific, 1860;
Missouri. Kansas and Texas preferred.
$3.50; Northern Pacific, 34,150; Onta-
rio and Western, 11,600: Philadelphia
and Reading, $3.50; Philadelphia and
Reading first preferred, 10000; Chicago,
Milwaukee and St Paul, 81, $50: South
ern Pacific, 1921; Southern Railway.
6900; Southern Railway preferred, 49,
500: Union Pacific, 1880: American
Steel and Wire, 11,410; American To-
bacco, 1880; Brooklyn Rapid Transit,
1910; Peoples Gas, 5,025; American
Sugar, 23,310; Tennessee Coal and Iron,
$3.50; United States Leather, 5000.