The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-11-26
RAILWAYS STAY UP
NOT AFFECTED BY THE WEAKNESS
IN INDUSTRIALS

These Take up Much the Larger Share Of
the Trading. Sugar Being Singiy Mos:
Conspicuous-Latest Reports on Rail-
road Earnipgs are of an Encouraging
Nature-Cotton Bills and the Gold Ex-
port Probabilities-Course of Indus
trials Largely Due to Liquidation, Be
sides News of . Legal Sort
New York. Nov. e5.-The stock mar
ket oday was an industrial market, the
total transactions in these securities
footing up 155eoo shares out OF total
Of 2o2, 500 recorded The industriais al
SO scored the only important losses IN
prices. The railroad list did not re
spond TO the weakness in the other mar
kets. being favored by moderate pur-
chases of the international shares for
foreign account and by reassuring ad-
vices as 10 the progress OF the settle
ment upon the London stock exchange.
Other bull arguments on the railway list
include estimates of a smaller amount
Of gold to go out this week than has
been figured upon. owing TO an tncreas-
ed supply of cotton bills, and encourag-
ing railroad exhibits. The strength or
the rates OF sterling exchange continued
unabated, however. and in the best IN
formed circles IL Is confidently expected
that shipments OF gold Will be made on
Wednesday.
Without hardy an exception, all Of
the railroads making exhibits OF earn
ings for the third week in October re-
ported increases. The Omaha, notably.
gained s237. Se3 IN gross, and the ST
Paul for the same week gained Sl1l.5Sl
in gross Railroad officials continue 10
dilate upon the prospect OF decided
Improvement in revenue 10 be derived
from the new rate agreement between
the trunk line and connecting roads.
In the Industrials. Sugar absorbed
about one-haIf of the dealings. Amer
lean Tobacco came next in point or &C
tivfty and scored the greatest net loss OF
the day. Chicago Gas was third IN eX-
tent OF trading and left of at an import
ant fractional decline. In no other
stocks on the list did the dealings reach
the 10, 900 shares mark There was no
news OF importance bearing upon me
industrial securities and their course
reflected liquidation and the backing
contingent employed the rather worn
arguments or probable hostile proceed
ings against the American Tobacco com
pany, by the New Jersey state authori-
ties, and OF an impending unfavoraole
decision by Attorney General Malonsy
against the legality Of the plan OF con-
solidation of the Chicago Gas company
and the arbitrary properties.
The market opened dull with the early
feature weakness in the industrials and
a firm undertone to the railway list on
the influences previously noted. After
IL O'Clock fractional rallies occurred all
around until further bear raid drove
prices to the lowest Of the day. For the
rest of the day. up to the closing, the
speculation was dull and heavy In tone
except for the railroads. The final sales
showed losses Of rs per cent IN Tobacco.
IL per cent n Sugar. Distilling = per
cent and Chicago Gas y per cent These
/ stocks left off at the lowest of the day.
The railway list ended with general net
! advances extending to IL per cent In
| Northern preferred
The total sales Of stocks today were
| %, sos shares, including: American SUI
gar $500; American Tobacco $500;
Atchison 800; Burlington $500; Chfca-
! go $500; Distillers 5000: Louisville and
Nashville 300; Manhattan 5000: Mis-
souri, Pacific $500; Northwestern 5000;
St Paul 1900; Southern railway 700;
oRck Island 5000; Leather preferred
$500; Western Union $500.
Trading in bonds today was dull the
dealings aggregating sSss, 900. The few
changes Of Importance that occurred
were IN most cases on a lower range or
prices, Cordage first trust receipts per
cent, and Chesapeake and Ohio gen.
erals 4156ia per cent. On theother
hand Peoria and Eastern firsts gained
q per cent and Reading frsts preferred
II per cent
LOANS AND CLEARINGS.
New York, Nov. 25.-Money on call
easy at 1908 per cent; last loan closed
3Q2h per cent. Prime mercantile pa
per 34G5 per cent. Sterling exchange
firm with actual business in bankers
bills at s4sshQ4s9A for demand and
s4s7hQ4S7% for sixty days. Posted
rates $4ss1a64.9o. Commercial bills
s4.ss1L. Silver certificates 67Izq67S.
Bar silver 67a.
New York, Nov. 25.-Bank clearings
81, 62s, 461; balances 1861 Jos.
Boston, Nov. 25.-Clearfngs 81. 2o6, 37e:
| balances s., 3s5.35
Baltimore, Nov. 25.-Clearings ST.
e43, 529; balances S349, rs.
St. Louis, Nov. 25.-Clearings $3.50
ee9; balances ss25,570. Money 541 per
cent New York exchange 50475 cents
premium bid.
Philadelphia, Nov. 25.-Clearings, So
81. III: balances S1.l7s.s59.
PUEBLO MINING EXCHANGE.
Pueblo, Colo, Nov. 25.-Nearly 900. 900
shares Of Cripple Creek mining stocks
were traded in at the first call on the
new Pueblo mining stock exchange this
| afternoon. Visitors were present from
Denver, Colorado Springs. Cripple
Greek and Victor. Ex-United States
Senator Thomas NJ. Bowen made the
opening and welcoming address.
FOREIGN STOCKS AND MONEY
London, Nov. 25.-Consols for money
1854; for the account 1os s-ls. Cana
dian Pacific 57@: Erie 12E.: Erie sec
onds 70: Illinois Central 80; Mexican
ordinary 1s2.; St Paul common 1914
New York Central 1924: Pennsylvania
| s44: Reading 3; Mexican Central new
fours 70Iz. Bar silver 39ss pence per
ounce Money per cent The rate OF
discount IN the open market for short
bills Is IL per cent; in the open market
for three months bills IL Per cent
Gold Is quoted al Buenos Ayres al
8 90: Madrid 1850; Lisbon 20: s.
Petersburg so: Athens II: Rome los;
Vienna los.
The amount os bullion gone INTO the
Bank OF England on balances today Is
"a. 900 pounds.
CLOSING sIoCKs
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