The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-11-13
FAILS TO SHOW Up
EXPECTED BOND ISSUE HAS NOT
YET MATERIALIzED.
Disappointment Thereupon Leads to
Realizing and Short Account Sales
and a Reaction Ready Buying
Prevents q Bad Break-Market
Thence Unsettled. Closing Weak.

NEW YORK. Nov. The week opened
| on the stock exchange with a rather un.
/ settled feeling owing to the uncertainty
which seemed 20 prevail rs to the govern
ment bond issue. II Was expected by the
street that the official announcement THAI
the loan would be made would he given TO
| the public through the morning papers.
and the fact that the Washington au-
thorities are still eileut on the matter
Created a feeling OF disappointment which
| In some cases resulted in realizing sales
and selling for the short account
| with the result that reaction
OF E@1 per cent took place In the
FIRST quarter hour. There was, how
| ever, such ready maIket for the stock
offered that the downward movement was
checked, and under the leadership Of
Sugar, New Jersey Central, MsnhAt; an
Chicago Gas snd Delaware and Hudson,
the market took n sharp upward turn, but
by 1880 O'Clock it lost its impetus and WAS
on the downward track again, Sugar be-
ing hammered By the bears aud Manhat-
tau easing of on an unfavoi able quarterly
report. With the exception of q slight
rally shortly after IL O'clock the tendency
of prices was toward lower figures until
,, midday, when speculation became stead y.
and after midday came into slightly better
tone. This was followed by slight re-
covery, but 10 the late dealings the
market again essed off aud closed weak
Sugar led the share list In point OF activ-
iIy as well rs III the wide range ot fluctua-
tons. The Changers closed 1sG% per cent
above the lowest figures ;oucne,i, Burlius-
ton and St Paul being * per cent off from
SATURDAYS closing. Rock Island per
cent aud Northwest = per cent, Whine IT.
Paul is per Cent higher. New Jersey
Central was the only active stock of The
coslers. Atchison gained per cent at
the opening. receded q per cent, advanced
per cent and fell on Is per ceut at the
close. The improvement IN the late deal
lngs was due TO the publication of Expert
Listle's report. Most or the OF her
shares show declines Cd the day, the
more important being Cordage preferred
l per cent; Cordage common per cent;
Rubber Ia per Cent; Lake Suurs II per
cent; Union Pacific aud Northern Pacific
preferred Is per cent; Laclede Gas pre-
ferred and Pittsburg, Cincinnati. Chicago
and St Louis preferred : per cent. Adj
vances We're recorded of Il per cent IN Col
orado Fuel and Tobacco aud 7. per cent
in Pullman.
The bond market was strong during the
morning. except FOX the Atchison issues,
which were Very heavy. After midday
there was very general depression,
cNAN -ui. A-ibeic icpoIt was lSSutu IL WAS
found TO be far from unf4vorable
and the Atcbison bonds, as well
rs most of the o:her mortgages dealt in
recorded advances and the market closed
strong. The transactions for the day az
gregated S2,5lS coo. with the Atchlson.
Texas Pacific seconds, ST. Louis and
Southwestern seconds and Kansas and
Texas seconds most prominent in the
trading Atchison fours declined TX Der
cent TO CTS per cent, rallied To 6915 per
cent ana closed at 60 per Cent; Atc.ison
seconds reacted 2 per cent To 1881 per
cent, recovered IA per cent to 2Ol. per
cent and closed at 20 per cent. Colorado
Midland declined per cent 10 7511l per
cent