The Wichita daily eagle., 1894-03-04

NEW YORK, Match 3.-With the exception
Of q brief period. about half past 10 O'Clock
when q fractional reaction occurred, the
Stock market was strong, today. and the gen.
eral tendency was toward higher prices. The
volume Of business, however, was light. and
the speculation was an unimportant feature
Rumor mongers had about abandoned their
avocation, and the market was practically
left to itself without the influence Of good or
evil reports. A desire on the part OF the
shorts TO cover their lines. which they did
not care to leave unprotected over Sunday,
was the leading motive for the purchasing
movement, which sent prices upward. There
was very little buying for the long account,
any appreciable extent. Sugar was most
active and recorded the great advance OF the
day, 1sS per cent. General Electric moved up
u per cent and Lead u per cent, the improve
ment in the other industrialS being trIfitng.
The Grangers, excepting Northwestern, par
ticipated largely in the rise. Rock Island and
Chicago. Burlington and Quincy each gained
l per cent, and st. Paul "a per cent. Balti-
more and Ohio shows an advance of II per
cent; Manhattan and Toledo. Ann Arbor and
Michigan, per cent, and the rest OF the list
14G5S per cent. except Laclede Gas preferred,
Delaware, Lackawana and Western, and
lI and a per cent respectively. The market
closed strong, at about the best figures of the
day. The movement of the week has resulted
generally in the establishment of q higher
range Of values. the principal advances being
National Starch, ~ per cent: Pullman and
Richmond Terminal preferred, per cent;
General Electric, SO per cent; Burlington and
Quincy, SK per cent; st. Paul, S1s per cent;
st. Paul preferred, ~ per cent; Rock Island,
22a per cent; Northwestern "a per cent; Con-
solidated Gas and Iowa Central preferred, 4
per cent; Pittsburg. Cincinnati, Chicago and
st. Louis, 81 per cent; Sugar and Manhattan.
IA per cent; New York Central, Lake Erie
and Western prererred. Cleveland, Chicago,
only stocks which show any material decline
are: Chicago and Eastern, lIs per cent;
Evansville and Terre Haute. S per cent;
Mobile and Ohio, per cent. The railway and
miscellaneous bond market was drm
the day. Northern Pacific and
Montana firsts advanced q per cent; Savan-
ali and Western!nrsts.,2kp per cent; Colorado
Coal and Iron skies, 9 per cent; Long Island
fours, Ia per cent; Richmond Terminal Trust
Receipts fives. IL per cent: Cincinnati, Day
ton and Ironton fives, ~ per cent; Missouri
Pacific cOnsols SKIES, 1 per cent. Hooking
Valley ives declined IL per cent. Chicago,
Burlington and Quincy sinking fund hves
sold at 1855 per cent. Pacific of Missouri
seconds extended their hold at l04 against 100
on Jan IS. The principal changes on the
week are a decline of per cent in Houston
and Texas debenture skies. and an advance of
IL per cent in Cedar Rapids, Iowa Falls and
Northern f1ves; ditto skies and Detroit Gas
ives; 615 per cent Savannah and Western
firsts; six Virginia Midland Generals; ~ per
cent. ditto stamped; per cent Georgia Pacific
second consol fves; ~ per cent East Tennes-
see consol fives, per cent Pacific Of Missouri
seconds extended; Sss per cent Burlington and
Quincy sinking fund fives; 80 per cent Ala
bama Midland first and Tennessee Coal and
Iron first, Birmingham Division, and Ohio
Southern fours, st. Paul Gold sevens and
Erie funding fives.