The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-10-03
1T LACKS SUPPORT
INSIDERS SUSPECTED OF KNOWING
THING Or TWO.
Sugar Stock Influenced By the aust
Begun" Utterauses OF Political
Characteristics OF That Stock
Exceeding all Others Com bined,
Show Uniform Decline.

NEW YORK, Oct 2-Ou the stock ex-
Change today the sales of one stock, Sugar.
exceeded the total transactions 10 the rest
OF the list. Tue liquidation which has
been 10 progress foe some days past in the
shares of the sugar trust Was continued to-
day with increased force, and insider inter
ests, it is claimed. foster the declining ten
dency OF the stock. The suggestions made
from time 70 time at political conventions
and meetings that the fight for tariff re
form Is but begun, AMI that broad hints
that at the next session of cou-
gress another effort will be male
10 remove the protection now given
to the refiners of sugar. seems not 10
port IN tue Sugar speculation by the cou-
Trolling Interests Of the company Is thus
accounted for by n large part OF tue street
Al Is even said that They are feeding out
stock with certainty OF oeiug able to take
II back at lower figures. Today more
than 10000 shares of the stock changes
hands on a stea lily declining scale from
opeuinY 10 close, the last being the lowest
price OF the day aud 3ss per cent below the
last sale yesterday. Pressure To sell was
very pronounced at one time, and Was
In force III the later dealings. Sugar
preferred Is down rs per cent Tue
other lnduStrals Traded in did
not share III The extreme depression OF The
leader OF the market, although some OF
THIS group made dips which were only
partly Recovered ut the close. General
electric fell of 4 per cent but rallied =
per cent. Chicago gas, ON a renewal u
lie snort covering, rose a per cent, fu-
ally reaching p per cent. rubber preferred
recedrd l per Cent. Distiiling moved
within u range OF Is per cent and stands
unchanged GU tie day.
In tue railway list, the speculation was
IN The main strong IN tone, especially for
tue grangers aud other active stocks. Tue
trading. however. was light in volume aud
the movement OF prices slight. Beyond
some small buying in ST Paul,
foreign consiDgents We're practically out or
tue market. No inconsIderabls part o.:
Lhe purchases WAS for the short account.
which has been largely decreased during
tue past few days. Compared with yes
lerday's closing prices tonighL's husl
nSures generally show advances ranging
from g TO "a per cent, the latter il New
jersey Central, which recovered all but
per Cent OF yesterdays break. New York
central IS rs per cent higher; Consoli-
dated Gas, 2. Per cent; Western Union
aud Rock Island, IS per cent, and Missouri
Pacific, q per ceuI. Some OF the special
Pittsburg {. c., add ST. Louis preferred.
"a per cent; do. common. IA per cent;
heeling aud Lake Erie preferred and
canada Pacific, l per cont; Norfolk and
Western preferred aud PIttsburg and
Western preferred, l per cent Except for
Sugar the market closed firm.
lhe bono market WAS easy during the
morning, but gained during the AFTERNOON
aud closed firm. A moderate volums of
business Was Transacted, the sales sggre-
eating sy99. 500. The principal changes OF
the day are:
Advances-Toledo, Ann Arbor aud
Cadiilac Us. 80 per cent: Missouri Pacific
IS. per Cent; Nashville and Chattanooga
hrsis. = per cent; New York, ChIcaso aud
St Louis As. IL per ceut; Cincinnati aud
Springfield tirsts, Lake Shore seconds. Est
Tennessee equipment trust receipts and
United New Jersey A., per cent
Declines-Coiorado Midland As, per
cent; General Electric debenture SIS, ~
per cent; Toledo, Peoria and Western r.,
aud Illinois Central As of 1852, per cent