The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-12-29
COALERS CATCH IT
I6EY ARE SOLD DOW ON 4 Rail-
EAhLY IN he SESSION.
Subsequent Hccoveries Do N.a Rri -
Them All Cp Agti '-Balgisnsre aad
Ohio stock Drop on Very Limited
Saies-O;h-r Deal ug, Uuimport-
ant-Granxcrs are Neglected..

New York. De 2S.-The stock mar
ket today was less active than on Vs.
terday. sales aggregating less than
soVVV shareS- Outside OF the Coal shares
ana baisimore and Ohio. the trading
was unlmportant- Immediately after
the opening an attack was made. on TIP
coale-s. New Jersey Central was n
main point OF attack and was sold
freely with the result OF break OF -
per cent in the stock. eis per cent In
Delaware and Hudson. 4 per cent In
Delaware and Lackawana and - per
cent in Reading. There were no fresh
rumors unfavorasle 10 any one of she
coal carrying roads or 70 the coal traae
IN general AT the low figures thru
was some buying in the stocks causing
advances OF per cent in New Jrssy
central. 50 per cent in Delaware and
Lackawana, >. per cent in Delaware
and Hudson and y per cent In Reading
IN the latter dealings New Jersey Gem
trail lost part or the recovery. Closing
/ al loss OF per cent on the day Della
ware and Hudson was offered down TO
III per cent but no sales were made ex-
cept regular. Baltimore and Ohio was
again heavy. opening Ia per cent lower
at 81 per cent and making a further de-
S.-4-S VI IS ItA cent OF sales OF OILY
600 shares. Disquieting rumors were
IN circulation touching the con2aay's
nnancial standing. which were aIIiSIai-
~ denied The depression In the stock
Is mainly credited TO the position taken
by the company in the matter CO the
reorganization OF the Valley railroad
or Ohio. the plan Of which IL is claimed
takes from the Baltimore and Ohio a
portion OF It's assets. The stock closed
only y per cent above the lowest point
touched The general market moved
within narrow range on n very email
volume OF business. During the morning
the speculation was steady to firm. be-
came heavy after and Strengthening
in the final trading. The market closed
In good tone. General Electric. after
an opening decline OF y per cent. rose
ia per cent on buying credited 20 an
inside interest report was current
or the entering into an agreement by
the General Electric with the westing-
house company 10 maintain prices ~
as to admit OF fair profit. In the
late dealing General Electric lost !.
per cent OF the early Improvement.
Sugar moved within a range OF IL per
cent. closing at an advance OF u per
cent on the day. Declines were estah-
lished OF s& per cent in Illinois Gen.
trail on sales OF 100 shares. per cent In
ST. Paul and Omaha and q per cent IN
Lake Erie and Western. Advances
were recorded OF is per cent In Cor
dage guaranteed. / per cent In Ameri-
can Tobacco and = per cent IN La
Clede Gas preferred. The grangers
were neglected. moving within a range
OF is4ie per cent and closing I'M
changed for Burlington. y per cent
down for st. Paul and hdL per cent up
respectively for Rock Island and North
west There was a moderate increase
in the volume OF trading today within
the main trend OF values toward lower
figures. The feature OF the dealings
was the pronounced weakness In the
Reading issues. The trapsactiops In
these securities reached the large total
of $4,000. The first income declined
? per cent 10 q per cent: seconds ~
per cent 10 10 per cent: thirds TO IL pr
cent and general fours y per cent to
7sA per cent. A sharp rally at tho
close moved the incomes up ~HA per
cent. The declines. Ohio Southern
fours. 3 Ter cent: advances. Oregon
Improvement nrsts. per cent