The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-09-19
CHICAGO GAS LEADS
DISPLAYS SURPRISING sTBENef
UNACC0UNTABLY.

| Leaves on Two and . Half Per Gen
Higher, Having Figured In Large Trans
actions, Leading the Markets.. Paul
the Leader In the Granger Group. whie;
Closes Fractionaliy Higher Bushes
Lighter in Volume and EXCEPTIONAL
Erratic-Gold Situation stin Produce
OBSERVATION-DISCLOSURES Quiet but Firm.
New York, Sep. 1s.-Upon a modera1,
falling off, as compared with yestsE-
days volume Of business. the specula-
ton today was much more erratic IL
its course London prices for A.neri-
cans showed advances rangii from
Ato rs per cent and some buying for
the foreign account was executed in
this market. The opening was strong
sugar was y per cent lower than at
the outset II rallied a point. then re-
acted IL per cent. advanced is per
cent and closed at a gain of y er cent
The leadership OF the market was en-
Joyed by Chicago Gas. The opening
price OF that stock was quoted at 65;-
G66A per cent and at various prices
between these figures large transactions
took place. The higher quotation was
IA per cent better than the closing
of the previous day. A reaction &C.
Cured on realizing, sending the stock
of TO Co.'S per cent. 1t left of pa per
cent higher. There was nothing pub
lished to explain the strength displayed
all OF the recent news, especially the
failure to declare an October dividend
being unfavorable. St Paul was the
leader of the grangers In extent OF
trading but was exceeded in range of
fluctuations by Burlington. which NOV
ed Is per cent from the low point 10
the high point The groupe closed
fractionally higher than on Tuesday.
Lackawana was the feature Of the coal
ers in uniformity of strength. 1t ad-
vanced an extreme per cent, retaining
all OF the improvements. Trading tina;
might be termed exceptional occurred
in the Pacific Mail in connection with
the negotiations for a settlement with
the Panama railroad. II advanced /
per cent early, then reacted Il. per
cent and closed at a slight fractional
recovery. Tennessee Coal was decid-
edly irregular between 43% and AZ per
cent, the result of the days operations
being a net gain of only Il per cent
Lead gained per cent on the days
business, the advance being attribu-
ted TO the revival OF the periodical re-
ports of an impending dividend on the
common stock. A gain of 1h per cent
in DiStilling was vaguely aScribed to
expectation of a favorable court de- |
ciSion. Tobacco and Leather preferred
covered ranges of and IL per cent re-
spectively and showed but slight net
changes. Erie preferred on increased |
business fell pa per cent, afterwards |
1 per cent. Baltimore and |
Ohio in the late dealings dropped IL |
per cent, the decline being set down TO /
the decreased earnings for August. |
The feverish tone of the general mar |
ket was largely due to the continued |
relative as to the gold !
situation. The actual engagement of /
gold for shipments tomorrow were on |
ly $3.50. 900. a considerably less amount |
than had been expected. The sub-trea-
sury was a gamer of $4,000 in gold |
as a result of the days operations. |
The Withdrawals for export Were only |
$3.50 900 but deposits aggrega ted $500 900
The shipments of currency for crop |
moving purposes to the interior from |
and including last Friday up TO date
were $1.500.O00 The specula ton left or
strong in tone. The total sales Of
stocks today were 257,05S shares. in
American Sugar 81 900: Atch-
son third assessment paid 1900; Burling-
ton "a 500; Chicago Gas 43, 500: Distill- l
ing 800; Louisville and Nashville $500 |
Missouri acific 1900: Pacific Mail 15.o10
Reading 26.s00; Rock Island 1900; ST.
Paul q. 100; Tennessee Coal and Iron
800; United States Leather preferred
800.
Bonds We're quiet but IN the main
irm. The more notable changes are:
Advances-Toledo. Ann Arbor and
Grand Trunk firsts trust receipts per
.ent; Reading second incomes IL per
,ent and Western New York and Penn
'ylvania generals, Chesapeake and
)hio first consols, Burlington consols
sevens, ST. Louis and Southwestern sec
,nds Louisville and Nashville Southern
md Northern Alabama consol fives l
yer cent Declines-Detroit, Monroe
md Toledo firsts per cent: Illinois
Steel non-cOnvertibles per cent:
and Eastern firsts Ia per
,ent, and Richmond and Danville con-
sol skies / per cent The sales We're
Il .707. 900.
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