The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-03-21

New York, March e0.-There was a
halt in the upward movement which
has been in force on the stock exchange
during the past few days. 1t is not 10
be wondered at that there should be
break in the advancing column which
so soon after disheartenins set back
had sharp recovery Of lost ground.
The small operators who materially
assisted in the raise OF stocks acted
largely in the faith in the leaders and
ii is not surprising that when they did
as they did today, they should enbeav-
or TO secure part OF the profits of
their ventures and take a review of the
situation. 1t was partly due to real
izing sales, 10 a heavy decrease In the
volume Of foreign purchases and pos
slbly desire on the part of the bull
clique TO let prices so down a few
points with the view OF increasing the
snort interest in the market, that
share values deprecated today There
was no marked pressure TO sell except
perhaps in Sugar and Changers, the
first named stock given was first and
the Changers led in the general list in
the reaction. There was no evidence
OF weakness at the opening and during
the first hour of business prices ad-
vanced, but during the second hour
there was sharp selling of sugar here
on the rumorS that insiders We're liqui-
dating and the shares took a downward
turn, the greater number OF the shares
traded In participating In the recess
sion The depression continued un-
checked during the early afternoon but
around delivery hour there were par
tial recoveries. speculation being de-
cidedly irregular in the final dealings
AT the lowest point today the declines
from the high prices OF the morning
were 15s per cent In New Jersey Cen
trail, Ia per cent in Delaware and Hud-
son and Cordage guaranteed, and 11s
per cent in the other shares which
Joined in the downward movement
rallies in the later trading lessened the
loss fraction. There were a number
og shares. notably the specialties.
which Were strongly held throughout,
and which showed gains on the day.
including: Oregon Improvement 32s
per cent: St Paul. Minneapolis and
Manitoba, per cent; Pullman, per
cent; New York. Chicago and St. Louis
second preferred, Wheeling and Lake
Erie preferred, and Hooking Coal. IL
per cent, and Leather preferred, Ediosn
Electric or New York, and Iowa Cen
trial preferred, l per cent. Distilling
was we'll supported and made a, gain
OF rs per cent on yesterdays closing
The trust receipts were dealt in for the
first time and sold per cent above the
stock, owing TO the fact that the first
one per cent installment of the assess
men under the reorganization had TO
be paid before the issue of trust re-
ceipts. There was good buying in Cen
eral Electric for the short account on
report that the forthcoming annual
statement Will be favorable. The mar
ket was unsettled at the close
There was a renewal Of the activity
IN the bond trading today and consid-
cradle strength was displayed In some
issues. The trading was somewhat ir-
regular at times, but prices generally
recorded an advance on the day. The
aggregate sales We're S2,4l4.000. of
which S292. 900 were Texas and Pacific
seconds. Atchison tours regular sole
at 6S1a per cent against 1872 per cent on
July II. Southern Pacific dividend
scrip was traded in at 26% per cent
against 40 per cent on September r.
Final recovery was made TO 301a per