The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-07-28

New York. July e7.-TradinS on the
Stock Exchange today was dun but the
general tone was firm and the room,
traders were mostly buyers. The in
fiuences on the market was the desire
10 cover short contracts over Sunday
and the buying OF commission houses
in the grsngers which were the feature
OF the dealings At the opening prices
were well held but the bear CLIQUE in
sugar quickly set 10 work TO attack the
stock and succeeded in forcing II dow,
lis per cent At the lower figures buy
ers appeared and all but Il per cent ~
the decline had been regairsd az ;he
close. The general lis; was not afec,.
ed by the depression In sugar and gem
orally ruled slightly higher The mar-
ket closed strong and generally hiSheN.
Some few stocks showed declines on
the day including Toledo and Ohio Cen
trail !. per cent and Lake Shore IL per
cent.
The week witnessed a change OF from.
on the part OF certain operators. For
some time past speculation conferred
mainly In the industrials but for the
past six days the railway shares were
the leaders OF the market. However.
Sugar and Chicago Gas were quite
prominent in the transactions The
temper OF speculation was decidedly
bullish throughout as regards the gran
ger shares and quite few oiehr o: the
railway properties. The brilliant OUT
look for the corn crop induced heavy
purchases OF Rock Island and BurlIng-
ton and a pronounced inquiry for the
stocks OF other grain-carrying roads.
The persistent endeavors OF the bear
traders recently 10 dlslodge long stock
In this group had met with large
measure OF success. Rock Island sold
Dsar IN p
ton 51.. 10 80 per cent: So. Paul PA. TO
103s per cent, and Northwestern %, 10
1ol1s per cent. These figurse are the
highest reached this year and were
maintained TO the close except FOR a re-
action OF ~ per cent In ST. Paul and
burlington and !. per cent IN North
west. The numerous favorable rail-
road reports looking TO the near solu-
ton of the Trunk Line difficulty. tho
growing belief that an adjustment will
soon be effected OF the anthracite coal
roads differences. coupled with the
cheerful business outlook generally.
were factors in the general appreCta-
ton OF values. The commission houses
reported agOod increase IN business and
evidence was ntO wanting that out
siders were again entering the Held OF
speculation. Sugar was In good de-
mand and rose rs. 10 liiLs per cent:
declined to 1l2h per cent. a net $40
or per cent. chicago Gas moved up
pretty steadily until rise had been 81.
fected OF 80 per cent. TO IS per cent.
At the top figures huge blocks Of stock
were thrown upon the market The
final transactions were ut 5s7s per cent,
gain on the week OF ~ per cent. Lea
Their preferred developed the same er-
ratio tendency that has characterized
this speciality OF late and after Jump
ing s per cent. TO 50 per cent. this stock
reacted 10 5SM per cent and closed az
81 per cent. As a result OF the weeks
trading prices are IN the main higher.
the notable gains IN addition TO those
already recorded being. ST. Paul ani
Omaha preferred %. per cent; 81. Paul
preferred. Pullman and Cotton oil pre-
ferred 2 per cent.
The sales Of the week aggregated l.
s6S. 400 shares and l3S stocks were dealt
tn.
The bond speculation today showed
considerable strength and animation.
the sales reaching 81 .l37 900 Govern
mcnt bonds were lifeless. being only
-. 800 State securities We're quies
with sales OF s750,000. The trading in
silver certificates was confined 20
sale OF &c. 900 at CO cents