The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-03-28
VALUES ARE LOWER
DEPRESSION THE GENERAL RULE
ON THE STOCK MARKET.
Liquidation of Long Accounts aud Some
Selling by shorts Market Opens Active
and Lower than Tuesdays CIose-Coai-
ers Break Under a Selling Movement.
and the General Market Follows-Buy-
ers at the Lower Figures Give Tempo
rsry strength-Day Finishes Selling
Advance, Few.

New York. March 27-There was q
liquidation Of long accounts on the
Stock Exchange today and some sell
ing for the short account which result
Cd in the establishment OF = lower
range % values on the days transac-
tons. ranging from i 10 5 per cent. AT
the opening the market was moderate
" active and as q rule the first prices
made We're below the closing prices or
yesterday. exceptions being Delaware
and Lackawanna. which was up u
per cent, and New England and Susque
hanna and Western preferred, which
were q per cent higher. \ sharp SELL
ing movement set in. under the intiu-
ence of which the coal shares broke
Si2 per cent. Delaware and Lackawan-
ma ~ per cent, Reading is per cent
and Delaware and Hudson (which had
advanced l per cent? IL per cent The
pressure of the stocks was due 10
report that there was some hitch In
the negotiations between the coal car
rying companies and that tomorrow
would be fruitless of results. The
general market fell off sci per cent,
The latter Hooking Valley and Pitts
burg and Cincinnati. Cleveland and
St Louis preferred. The lower figures
brought buyers into the market and
their presence infused temporary
strength into the speculation and Il
recovery ranging up To lss per cent
took place. the latter i'll Reading.
while Distilling trust and Canadian
Pacific rose each ! per cent Prices
We're fairly we'll held up 10 I o'clock
and during the hour following the
market was irregular on narrow fiuc-
tuations. In the last hour. however,
an active selling movement was in
progress and under the leadership or
General Electric. Bay State Gas. New
Jersey Central. Delaware and Hudson.
Wheeling and Lake Erie preferred.
Oregon Improvement and Reading,
reaction of sGla. per cent took place.
the market closing weak at or near
the closing figures of the day before
Compared with the final quotations CT
yesterday today's most important
losses are: New Jersey Central > per
cent. Bay State Gas and Wheeling and
Lake Erie preferred rs per cent. Ma
tional Lead Ia per cent, Southern pre-
ferred. lis per cent. Delaware and Hud-
SON Missouri Pacific and PittSburg,
Cincinnati, Cleveland. Chicago and st.
Louis preferred and Oregon Improve
ment l per cent. Sorse few shares
recorded fractional advances on the
of / per cent. The chief cause of to-
days depression in the general list
was the unfavorable rumors regarding
the conference of the coal carrying
roads.
There was less activity in the bond
speculation today and lower quotations
ar registered for the speculative is
sues. The Reading securities We're
most active and the movement therein
was irregular. The aggregate sales OF
the shares was Si46 600 out of "A total
for the day Of Ssh 600. Quite few OF
the inactive mortgages made substan-
tial gains. including Louisville and
Nashville firsts. Nashville, Florida and
Sheffield firstS per cent; do st. Louis
division seconds ! per cent; Peoria,
Decatur and Evansville seconds; Ore
gon Navigation colloteral trust fiVss
Ia per cent: New York. New Hamp-
shire and Hartford tours debenture
certificates Is per cent, and Union
Elevated firsJs. improvement consols
fives. st. Louis Nandalia and Terre
Haute seconds guaranteed and Nir-
ginia Midland Generals l per cent. De-
clines-Reading first incomes and
Northern Pacific and Montana. firsts
/ per cent; New Jersey Central firsts
convertibles of 1902 sold at Ia per cent
against 121 per cent on January "a.
Baking powders that contain alum
are not a hit article of consumption.
Parties selling same viii be liable 10
arrest for selling an article that is
deleterious to health--Ohio official re-