The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-03-19

O'Clock on Heavy Offerings, with a Gem
eral Depressing Effect.
New York. March IS.-The week op-
ened on the Stock Exchange with the
market active and a strong tone 10 the
speculation. There were heavy buying
orders on the board at the opening for
the foreign as well as the home account.
and the purchasing movement was con-
tinued in force up To > o'clock in the
afternoon. y notable feature OF the
trading was that il was widely dis
tributed throughout the list. more so
than on any day i'm many months. The
advance in prices at the top figures OF
the day compared with the closing
sales OF Saturday were: New Jersey
Central 3@s per cent. Denver and Rio
Grande 2ls per cent. Sugar and North
west per cent. Louisville and Nash
Vile and Kansas and Texas preferred
Ia per cent, Alton and Terre Haute
and Colorado Coal IL per cent. Chica-
60 Gas ana Delaware and Hudson Is
per cent, Baltimore and Ohio and Bur-
! hngJCn and Quincy IL per cent. St
Paul common and preferred. Rock Is
| land, New York Central. Southern pre-
ferred and General Electric Il. per cent
Delaware and Lackawanna. Reading
Pullman. Wheeling and Lake Erie. Cen
| trail Pacific. Cleveland. Cincinnati. Chi
cago and ST. Louis and American To-
bacco per cent. Missouri Pacific. Nor
thern Pacific preferred. Norfolk and
| Western preferred and Wheeling and
Lake Erie preferred = per cent. Hook
ing Valley. Lake Shore. Louisville and
New Albany preferred and Susquehan-
ma and Western preferred :. per cent.
and the rest Of the list 1.fI&S per cent.
I Shortly before o'clock heavy blocks
OF Sugar were offered for sale pre-
| sumably in part 10 realize profits and
a break Of 2i2 per cent was the result.
the stock closing at the lowest point
OF the day and L per cent below Sat
urday's closing. The depression in Su-
gar soon affected the general market
| unfaVorably and the timid holders.
fearing that the tide had turned pro-
ceeded TO realize. Prices took a sharp
turn downward. Chicago Gas recedinG
1Ss per cent. Northwest preferred IL
per cent, New Jersey Central IL per
cent, General Electric rs per cent. To-
bacco l per cent. New England y per
cent, New York Central. Baltimore and
Ohio and Northwest :. per cent In
the final trading there was a recovery
or small fraction in few stocks but
the market aclOsed heavy in tone al
though in most cases at an advance on
the day OF 1sM2A per cent, the latter in
New Jersey Central: Denver and Rio
Grande preferred pa per cent. Kansas
and Texas preferred. Alton and Terre
Haute and Colorado Coal Is per cent.
Louisville and Nashville and Northwest
! per cent. Pullman. Canadian Pacific
and Iowa Central preferred " per cent.
81. Paul preferred. Cleveland, Cincin-
natl and st. Louis. Rock Island and
Northern Pacific preferred. Wheeling
and Lake Erie preferred and Norfolk
and Western preferred =. Among the
more important declines arc. Colorado
Fuel and Northwestern preferred ~
per cent. Duluth. South Shore and At
lantic j per cent. and Atlantic prefer
red and Minneapolis and St Louis a.
The Chicago Gas and General Electric
The bond market WAS very active and
strong. The speculative issues were in
brisk demand, Kansas and Texas sec
onds exhibiting decided buoyaucy. The
leaders in activity were the Atchisou
Kansas and Texas and Texas Pacific
issues. and Southern fivcs. The total
sales for the day were 81 81. Boo The
fnal transactions were generally at
fractional concessions from the best
figures OF the day but the net results
recorded material improvements.