The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-08-15
AFFECTED BY GOLD
NEWS OF HEAVY SHIPMENTS sErS
THE BEARS TO WORK,

TAE BEARS 10 WORK,
Decline = Assisted BY Runners az vsoses -
the Corn Belt and . Ssasemsas CoassRn-
Ing the Quisscsncs o1AnAiss Ansne -
Anthracite Ltnes-Coaiers Mostly De-
pressed. Especially New Jerssy Central
downward resdsacy Checked sasxAsly
ut Midday On . Covering Aovsosas-
Final Dealings Heavy and weak.
New York. Aug. 14.-The share spec
ulation opened dull and devoid OF fea-
lures and during the first hour OF BUSH
ness the market was unsettled. appar-
emily awaiting a lead This came quick
~ IN the shape OF gold engagements for
shipment to Europe tomorrow and the
bear traders taking the cut began .
raid upon values which started prices
on the downward turn. Assistance
was given TO the operators for the de-
cline by representations OF prospective
frosts in the corn belt and also by q
Statement, that no meeting OF operators
OF the anthracite coal roads would be
held this month, which negatived the
recent report that a settlement Of the
difficulties in the coal trade had been
reached President Maxwell OF the
New Jersey Central has gone away on .
months vacation. which would seem to
confirm the announcement that no coal
meeting would be held this month. Tho
stocks OF coald roads were accordingly
depressed and most OF all the New Jef-
sey Central. The reactionary tendency
OF the speculation continued In force
until about half hour before midday at
which time American Tobacco had lost
Ia per cent; Distiiling and Delaware
and Lackawanna \. per cent. New
Jersey Central 1 y per cent. Leather pre-
ferTed l per cent: Manhattan and the
general Est k4n per cent Toward
noon slight gains were made, mainly
by reason OF a moderate covering move
uient. the shorts being seemingly In
disposed to press their advantage but
rather Inclined TO limit their liabilities
During the afternoon the trading was
irregular on extremely narrow fiuctua-
tons and the volume OF business trans
acted was very light Prices ranged
within fractional limits except for To-
bacco. which recovered ~ per cent. sold
down rs per cent and rallied y per
cent In the final dealings the tone
of speculation was distinctly heavy
and the market closed weak and gen
orally hQlA per cent lower on the day
The losses above a fraction are: To-
bacco l4 per cent. Lackawanna Ia per
cent. New Jersey Central Is per cent:
Lead preferred I per cent. The gran
gers are down AdA per cent. the latter
in Northwest. London was In the mar
ket on both sides OF the account but IT.
transactions were on a small scale.
The net results OF the days opera
tons in bonds reveals lower figures
generally for the speculative issues
The sales were $i.075.o 600.
Gold Shipments tn Europe.
New York. Aug 14-Handy and Hars
man will ship $:V0. 900 To $50. 900 gold on
the Normannia tomorrow. NessiAge
and Fuller will ship sl50.oo Crossnan
and Brother will ship 81 100000 This
makes the total engagement for to-
morrow 81. $50, 600
New York. Aug. 1l-Gold TO tho am
cunt of $500 900 has been ordered a.
the sub-treasury.
London Stock Exchange.
New York. Aug. 1.-THE Evening
Posts London cablegram says: The
settlement was concluded today with
out any difficulties. The tone OF the
market was strong: Kafiiss are boom
ing and large trusts are forming with
English and foreign capital for the pur
pose OF dealing I'm mines Argenfines
rise steadily for the reasons recently
cabled. Americans are steady not
withstanding the rise in sterling ex-
change. The position Of American
trade and finance f. much discussed
again here. The chief bear points are
the lack OF indications OF applying rems
dies 10 the currency troubles and tbs
heavy adverse balance OF International
trade against the United States
Bond Syndicate Deposits Gold.
New York. Aug. H-rhe goverument
bond syndicate has deposited ~. $50 600
in gold In sub-treasury IN exchange Tor
legal tender notce.
Washington. Aug. I.-The Treasury
department today received . telegram
from Assistant Treasurer Jordan, sta
ting that the bond syndicate had de-
posted 81. SO. 600 IN gold IN exchange
for legal tenders and tatsk In the day
another telegram waa received stating
that 81. ibo. 900 In gold had been ordered
for export. This leaves the sold re-
serve at the CLOSE OF business Slo2 ~. os1
This second deposit by the syndtcats
confirms the officials nj the belief that
II fully fntends 10 see 20 II that TIE
sie.coe.ooo gold reserve Is not invaded
Changes In Grain otocka
New York. Aug. Ia-Spec1al cable
and Geographic despAtcl,.s TO Brad
streets's. covering principal points OF
accumulation In the United States.
Canada and Europe. together with Sap-
plies afioat for Europe from AL sources.
Indicate the following changes IN await
aide stocks last Saturday as compared
with the preceding Saturday: Wbsas
United States and Canada east Of tho
Rocky mountains. decrease sts.S so
bushels: United States. Pacific coast.
not reported Afoat for and ia Europe.
decrease go 90 bushels. Corn. Uniisd
States and Caoada cast Of Tho Rocky
mountains. increase $4,000 busb~zs.
Wheat stocks a. the northwest remain
practically unchanged this week win
decrease OF a. 0DJ bushels only Ia north
western elevators. $500 bushels at var
iogs points IA Manitoba ard $1,000
bushels IN Minneapolis private elsva-
tors. -. 90 tn Chicago private elevators
and q. 600 a; Fort William. Ont Other
noteworthy Increases Of wheat sfesrkk
las, week were % 80 bushels a. Quincy.
s4.0co az Cleveland. a. 90 q. Rochester
and e .0O5 al Newport News
Eseeyt In srs~t Brt..sns
Washington. Aug. 1.-THE condition
~ the crops OF Europe - revtewed In
a report Of the European agent OF the
agricultural department. for August IL
SLOWS fair crops n most % tho com
tries except Great Britain
DEr toODs NAEkEr