The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-01-31
PLENTY TO WATCH
SURFEIT OF INTERESTING FEA.
TURES ON TIE EXCHANGE
Whisky Trust, Bond Issue and Gold Drains
Conspire to Produce an Irregular Mar
ket, But Toward the Close Good Buying
1mparts Strength--Distilling Stock Well
Criticised--CarIisleE Expected to Confer
With Bankers--Matter of Separate Gold
Accounts.

New York. Jan. 30.-The fact Of the
tilling and Cattle Feeding company
which was known to a few after the
close Of business yesterday, became
public property this morning through
the medium Of the newspapers and in.
duced selling Of stock but only to a
moderate degree, less than 5000 shares
having been dealt in up to noon and
only about 1000 shares during the rest
Of the day
On the early selling the stock declined
u per cent to rs per cent, but subse-
quently recovered the full loss, react
ing to per cent and by noon rallying
to 81 per cent. During the afternoon
the shares fluctuated between SIS per
cent and SIS per cent closing at the
lower figure, being only 4 per cent
down on the day. Severe criticisms
were passed by the street upon the ac-
ton of President Greenhut in endeav-
oring to forestall the stockholders pro-
tective committee in its investigation
OF the company's affairs and Judge
Grosscup did not escape condemnation
Tor having made the appointment out Of
court, thereby affording an opportuni-
ty for the Withholding of the news
from the public for about thirty-siX
hours. The stock was well supported
under the circumstances, and the bears
were deferred by this fact from putting
out too many short lines. There will
be an active legal fight made by the
protective committee for the removal
of the receivers. The committee claim
to have proxies for a large majority
or the capital stock, which have been
forwarded to Chicago to be used for
the purposes Of the committee at the an
nual meeting and possibly in court
proceedings. The national financial
situation was source Of much ankle
ty to the operators on the stock exc
change and the uncertainty undoubt-
edly restricted the transactions and I'M
settled the speculation. The announce
ment that Secretary Of the Treasury
Carlisle was coming to New York to
confer with bankers was made early
In the day and caused discussion as to
whether his mission was to prepare
the way for a bond issue or to take
up the gold shipment question. Spb-
SeQuently it was learned from the AS
ISOLATED Press dispatches that Mr.. Car
Isle was not coming but that Assist
ant Secretary Curtis was on his way
to this city and it was at once accepted
as fact that he was the bearer of a
of the new bonds which rumor had it
were to be per cents. The withdrawal
of gold from the subtreasury was
So, 600.0 900. all Of which it is said will go
forward on Saturday next. CCnsidera-
BILE discussion was created by the Nat
tional bank Of Commences resolution
calling on the clearing house associa-
ton to rescind its rule against the
opening of special gold accounts by the
banks. All the officials of other banks
who would speak on the subject con-
demned the proposition as putting gold
in preferred class of money and all
agreed that if the clearing house
should grant the request (of which
there is believed to be no possibility the
drain on the treasury gold would be
heavier than it Is now. All of these
tended to an irregular
stock market and during the greater
part of the day the general list fluctua-
ted frequently between strength and
weakness, but toward the close there
was fairly good buying which impart-
ed a strong tone to the final dealings.
Compared with yesterdays closing fig
pres the last prices made today are
mainly niger especially for the active
list.
There was less activity to the trading
in bonds today and the temper of specu-
lation was generally heavy. Towards
the close there was a squirt in some OF
the speculative issues but an unsettled
tone prevailed at the close. The total
sales were 81 OBJ 500.