The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-09-12

the Close Is StrOng-Americans Lower
i'm London-Goverument Crop Report
Hits the Market where It Partly Lives
Sterling Exchange Continues Strong
Bond Syndicate Waits Till 1t Gets Quite
Ready-Bonds Duh aud Weak.
New York, Sept. 1.-THE stock mar
ket today displayed marked irregulari-
~. radically contrasting movements
occurring at intervals. The volume OF
business showed an increase OF 50 per
cent over that Of the previous day. The
opening was weak under a variety OF
influences, including lower prices for
American securities in London. disap-
pointment over the government crop re-
port. the delay by the bond syndicate in
making good the deficit in the treasury
reserve and the continued strength Of
the exchange owing TO the practical ab-
Sence OF offerings of any other bills
than those drawn against prospective
gold shipments. In the initial dealings
special pressure was made against the
granger group which yielded to the ex-
tent of Is per cent in st. Paul. The
speculation continued weak on the an
nouncement Of the engagement OF ST.
1000 gold for shipment by tomorrow
steamer until the end of the first hour
when. under the leadership of Sugar. a
rally occurred in which the stock named
improved IL per cent, and the general
list Is 10 rs per cent, the latter in Mis-
souri, Pacific and General Electric. The
market continued strong up to l O'Clock
when another effective bear demonstra-
ton was made and prices declined TO
the lowest figures of the day. In the
reaction Sugar lost all the early ap-
probation, while the general list drop
ped from II to Sls per cent as compared
with last nights final sales. The grang
ers, coal stocks, Southwesterns and In
dustrialS We're the greatest sufferers.
About 2:30 o'clock another rebound o.
CURED on the announcement that the
government bond syndicate had deposit
ed IS. 600. 900 in gold TO the credit of the
treasury department. The final rally
extended from Il to 3h per cent, the last
in Tennessee Coal. That stock subse-
quently reacted 1 p per cent on realizing
sales, and closed with net loss OF Ia
per cent st. Paul after a rise Of rs
per cent was unfavorably Influenced by
the declaration Of only / per cent on
the common stock for the half year and
closed at a net decline Of 1S per cent.
Western Union was unaffected by the
declaration of the regular quarterly
dividend of / per cent The general
market left off strong. The results OF
the days operations were generally net
losses
The total sales Of stocks today was
355, 703 shares including: American Su-
gar 80, 700: American Tobacco 5, 100: Bur-
lington. 26.5O0: Chicago Gas $500: Dis
1tv,ar 4 n. 81.
saS and Texas preferred 1900; Louis
vile and Nashville 400: Missouri Pa
cific 1920; Northwestern 1900; Pacific
Mail II .00O Reading 81 800; Rock Island |
"a 800; st. Louis and Southwestern pre- |
ferred 5000; ST. Paul $3.50: Southern |
3, 400; Southern preferred 3.400: Texas |
and Pacific 1880; Wabash preferred |
!, 900.
Bonds We're dull and weak. The net |
results show a decline in FIT. Worth and |
Denver City firsts and Buffalo, Rochest |
er and Pittsburg fives of per cent; 81. |
Louis and Southwestern seconds and |
Kansas and Texas firsts Ia per cent; |
Louisville and New Albany fives rs per |
cent; Waba sh debentures, series b. IL !
per cent; Wabash debentures. seconds |
per cent: Erie second consols IL per |
cent; Louisville and Nashville fours |
and Kansas and Texas, of Texas. fives |
per cent. The sales Were 81. 80, 900.
LONDON STOCK EXCHANGE.
New York, Sept. 1.-THE Evening
Posts London cablegram says: Diff
,ulties in the carrying over of Kaffir
shares have momentarily checked spe-
,ulation in all departments and the
markets have ruled little lower today
Americans have oscillated and closed a
shade above the lowest with a steady
fipa |
strong feature.
GOLD WITHDRAWALS.
New York. Sept. 11.-Messlage and
Fuller Will ship 500. 900 gold by tomor-
ow's steamer. Crossman and Bro. en-
ragged 100000 at the sub-treasury for
.hipment-
LOAN MARKET.
New York. Sept 1L-Money on call
aSy at 1 Per cent: last loan J. closed Il
,er cent. Prime mercantile paper ga
Il per cent Sterling exchange dull
nd firm, with actual business in bank
rs bills at s490G4-90A for demand
4 S9Gis9h for sixty days. Posted
ates S4s9T490 and s490N49f. Com
nercial bills si-ssz. Silver certificates
"a G672.
Government bonds weak for new
ours and steady for others: state in
ctive. Railway bonds weak, petrol
UNI steady sl.25.
BANK CLEARINGS.
New York. Sept. blank clear1ngs
%, 16S. 211; balances $s.3s5.6l9.
Boston. Sept. 11-Clearings t14,3I3.- ,
IS; balances s1.130. 400.
Philadelphia Sept. 11.-Clearings I
10. $50. 1876; balances sl.7s9.755.
Baltimore, Sept 1.-Clearings 81 I
~. 055: balances S26s, ss2. $
"a
4. 00s; balances 1901 .523. Money 5G7 s
ent. New York exchange Is cents dis )
cunt 9
Memphis. Tenn. Sept. 1l.-Clearlngs Q
,03 .964; balances $50. 563. Eastern ex- {
nange $50 premium selling.
New Orleans. Set 11.-Clearfngs 81
Z. $50. New York exchange: Bank 81 ! q
~ 5000 premium; commercial $40 4
.scount
FOREIGN FINANCE.
London, Sept. 1l.-Closinz consols 4
y money Io7 1915: do for the account ,
~; Canadian Pacific 5s2.: Erie 81:
RE seconds 7Siz: ILLINOIS, Central
81: Mexican ordinary =: St Paul [
,mDon 77ss: New York Central 1851; ,
SIS: Reading I0I.. Mex
an Central new fou-s IA. Bar silver
Sis Money !. Per cent The rate
discount IN the open market for
Tort and three months bills 3. per
mt
Gold Is quiet at Buenoes Ayre-s today
220-S0: Madrid 1850; al Lisbon 2iz.
!. Petersburg 80; Athens ~: Rome
: -: Vienna 1os.
The amount OF bullion gone into the
suk OF England on balance today c
:. 60 ounds. ,
Paris. Sept 1l-Close per cert rates -.
franks IA centimes for the account
on London 3 franks : CEN
mes for checks