The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-09-26

4ECDSoH0 ObOuBnt 70 Dear On 01Ao8CkU
and Industrials- Close u strong.
New York. Sept 25.-The speculation
today while irregular at intervals was
in the main toward higher level The
volume Of business was about UP to the
recent average and the fluctuations In
a number OF instances were material
Influences bearing upon prices were re-
ported Of contracts by powerful syndi-
Gates here and In London to buy large
blocks OF American securities. In some
cases the bonds have been bought
ahead Of delivery, as in the purchase Of
Erie fours consolidated prior lien 4 per
cent For this reason the effect upon
the exchange market has yet to be re-
Elected. The engagement Of the ex-
pected 8. 0Oo. 900 in gold by a large COM
mercial house was announced and some
surprise was expressed at the destina-
ton Of the metal for Germany instead
of London as heretofore. An addition
al small engagement was also reported.
The failure Of the Rock Island direc-
tors to increase the dividends rate from
the regulation IL to per cent quarter
~ had an early unfavorabls effect upon
the entire granger group. The indus
trials were alphabetically Effected by
strength In Sugar on the further gener-
al advance reported today in the re-
fined product. Furthermore, a weaker
tendency in the sterling exchange mar
ket had a bearing upon the dealings.
An important bit Of news did not be-
come public until after tho close Of bu-
siness, consisting Of . further advance
OF so cents per ton In western wholesale
anthracite coal prices.
The stock market opened weak on a
moderate volume Of business. The
early pressure was chiefly directed
against the granger and Southwestern
shares. The selling Of the first men
toned was partly considered liquida-
ton and in the last was due to the less
favorable report Of the earnings Of the
Southwestern railroad. This Is al
most entirely attributed to the slow
movement OF cotton. The declines were
fractional, aside from the recession of
Missouri Pacific Of l per cent and OF
Is per cent in Southern preferred. The
bulls soon took hold and under the
leadership OF the industrials improved
Tobacco rose 3-8 per cent: Distilling
and Sugar 3-s per cent and Canadian
Pacific Ia per cent. The advance
was checked after the first hour OF trad
Ing and ChocaGo Gas reacted SIS per
cent; tennessee Goal and Iron l-S per
cen and per cent In Sugar. Burlington
and Michigan Central After / o. m.
there was q strong tone TO the epecula-
ton and New Jersey Central rallied
l-2 per cent; Rubber 3-S per cent: Pa
cifc Mail and Chicago Gas lis per
cent ana Missouri Pacific. Rock Island
and Reading l per cent Distilling
was quite buoyant in the late trading |
and rose to 23 IS per cent. a gain OF |
3-4 per cent over last night on runors |
of probable settlement OF existing
warfare. The announcement OF q pro-
posed increase Of SIC. 900 coo in the capt.
tai stock OF the Illinois Central was re- |
tected in decline OF Ia per cent in /
shares. The market closed strong with |
Gains OF 2 So per cent IN Dtstilling: 3-s /
per cent in Rubber: / IA per cent in
New Jersey Central and Canadian pa
,tfc and IL per cent In Sugar.
The total sales OF stocks TODAY we-e
'oo.A shares. including American Su-
gar $4,000: American Tobacco $500:
Atchison third assessment $500: Bur
ington 1890; Chicago Gas Il. 200: D,s-
illing H.7oo; General Electric 1000: Nj.
sour Pacific $500; Reading $500; Rock
STAND 10000; St Paul %. 100: Tennessee
Joal $500; Wheeling and Lake Erie a
90.
Bonds were quiet and generally low
II.
somewhat and Chicago and
erie frsts show a gain OF IA per cent:
|hicago and Erie incomes I-2 Der cen.
ma Union Pacific. Denver and Gulf
irsts and Missouri frsts collateral Hyes
per cent Sales were 81 .Oo0. 900.
LONDON STOCK EXCHANGE.
New York, Sept I.-The Evening
'osts special financial cablegrar1 says
oday; All the stock markets were ude
kept mines. which were booming fur
ousiy. Contangos IN al markets. xera
atheT sitter. because money has gone
0 largely into mines Contan1os on
americans were about per cent. The
one was dull. closing al the lowest. The
tateTnent made as to the banks sup
"rting the treasury had no effect here.
ecaUse SUCH support Is considered mos.
exile and under the present currency
ystem they can deplete the treasury
ny moment Also !; IL said that ne
indicate are absorbing all available
us 70 cover their engagements here.
Tie placing OF Erie prior len bonds
New York 10 disappointment 20
callers here who bid for them. Cana
ian Pacific was strong. Evidences Of
improvement: here are multiplying. TO .
lbiy IN the wooden industriais. TIE
-ice OF wool Is rising
LOAN MARKET.
New York. Sep. 25.-Monsy on call
asy al Ii7de per cent; last loan IL per
INT: closed IL per cent Prime u1e--
snale paper 4i7G5 Per cent Sterling
tchange weak with actual business n
anke-s bills at AGs 6IsS for de- r
and and 2iG[diss for sixty days
o=ted rates ss-d4s.SI ss164
commercial bills 4-s7;4- Silver ce--if-
stes s7Gs7% +,
Government bonds firm: state bonds
active. railroad bonds firm
BANK CLEARTSGS
New York. sept .s.-cleA-lazs 80 81
Q. balance ~. sc sss
Philadelphia. Sept. Z--Ciez-i-Es IL l
:. <ss. balances g.. Sal $50
Boston. Sept 5.-ClezTiIxs 81. III. :
5: balances 81 II ia
Baltimore. Sept. 5--CTea-ingz si.s7.
o. balances S<SS.s-i