The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-09-28

NEW YORK. Sept. 27.-Sugar and Di.til-
( ling furnished more than half the business
| of the stock exchange today aud these TWO
| and the others of the ;nfustr group
were the shares which fluctuated most
widely, the tendency in the main being to-
| ward lower figures. Sugar seemed to have
| Loot all inside support and was thrown
upon the market in large blocks Most of
| the long stock put out 10 claimed to be
in liquidation Of bull pools and the short
interest increased their lines materially
As n result sugar receded rapidly with oc-
| casIonal rallies due to covering. which
were quickly wiped out and the last sale
made at 800 per ceut was the lowest of the
day, and 4 - per cent below Yesterdays
hnal sales. The preferred lost = per cent.
Ali o. the recent unfayOrhble Iumors re-
gardiD2 the condition of the distilling
company were reviewed and at times the
selling in the shares was brisk but without
The stock receding only Is per cent below
last nights closing, ana IL subsequently
recovered per cent. making n net gain of
IS per ceni. The admission by western
officials of the trust that a REORGANIZATION
WAS necessary aud the belief that II this
were accomplished new set of directors
would be forced into the company. was the
main sustaining quality.
Baltimore and Ouio snow a decline of
per cent; United States Cordage preferred
Is per cent; Starch second preferred IL
per cent: Lead preferred q per cent aud
do, common per cent; Corisge common
aud Cotton On preferred are up per cent:
Leather preferred s per cent; and General
Electric per cent. In the railway list
the grangers were most prominent in the
dealings and. except ST. Paul, which
stands unchanged on the day, show frac-
ION. l..
ing. Burlington wss firmly held during
the morning. and in tue afternoon cover
lug OF short contracts rose / per cent TO
a per cent. closing only y per
cent below the best Rock Island,
after receding per ceut advanced
g per cent and reacted per cent; ST Paul
moved within range of per ceur
throughout the day, advancing X per
cent. reacting - per cent and rallyIug 4
per cent; Northwest rose Is per cent ANA
held the gain. The supply of floating
stock OF the Changers is rather limited and
accounts partly for the small operations
of the bear side. Western buying of
Chicago Gas sent the stock up - per cent
In the early trading, but on the cessation
OF this purchasing movement the price
sagged OF at the close the entire apprecia-
ton. Reading was bought on Philadel-
phia orders. advancing per cent and
there were reports that the plan of
reorganization Is gaining ground
but there was litIle demand for
the stock in the late dealings, although no
pressure TO sell aud 4 per cent. reaction
took place. In the rest of the dealing.
speculation was unimportant, the only
changes above fractions being declines OF
per cent. in Consolidated Gas, and II1I Der
cent. in American Express and an ad-
vance OF per cent. In st. Paul and Du-
luIh. The market closed firm.
ma rLaf "a,
early dealings but became easier during
the afternoon and closed rather unsettled
Today's transactions aggregated S95S, 600.
The changes in the active issues were
slight, but some of the active securities
made wide fluctuations. Declines We're re-
corded in Lehigh Valley terminal
irsts of per cent; Oregon I'm
provement irsts and Erie second
c0nsols trust receipts 1% per cent; North
ern Pacific third ~ per cent and Georgia
Pacific frsts receipts aud Reading deferred
incomes per cent Advances were made
in Austin aud Northwestern tirsts of IL
per cent; St. Paul, Chicago and Lake
Superior fives. ~ per cent; Minneapolis
and 81. Louis equipments SKIES IL per
cent and Hanpib bal and ST. Joseph consois
IL per cent. Duluth and Manitoba firsts.
Dakota division, sold at 50 psr cent against
10a Der cent on ,July 30