The Wichita daily eagle., 1895-12-18

New York Dec 1.-THE indus;rlals
were again largely II the lead OF TIE
standard railway shares IN poin; OF ac-
t;vity. The early NOV OF prices
was animated and higher. The opening
was moderately active and irregular.
but the railway stocks soon came into
prominence, with the grangers leading.
Tennessee Coal. on pool buying. and
Leather preferred and Chicago Gas. on
manipula ton OF a similar Character.
recorded material gains. The impress
sion appeared 10 prevail that the pow
erful banking interests identified with
the Reading plan OF reorganization
would. with View 10 creating favor
abie sentiment, lend their support 10
the general market. For this reason
and on account OF revived rumors os an
impending government bond issue. the
large engagements Of gold. primarily
for Germany. and an advance in the
actual rates % sterling exchange 20 4
point almost allowing OF shipments 10
London al profit, We're partially iS-
nored. The Reading plan was practic-
ally as had been Anticipated. There we-e
rumors OF manipulation of Gould secu-
rifles and OF the probable sale OF the
Baltimore and Ohio holdings OF Western
Union on account OF the alleged finan-
cial straits OF the first mentioned com
pany. Shortly after midday all other
considerations lost Importance owing
10 the receipts OF news of the message
OF the president 10 congress, relative
TO the Venezuelan question. The un-
compromising tone OF the document
was sharply reflected in a general de-
cline in prices, the international stocks
being especially weak Noteworthy
losses occurred in some OF the special
ties, extending to AZ per cent in Cbica-
go Gas. The trading was quite brisk
on the down grade. The special infiu-
ences upon the anthracite coalers were
the failure 10 agree upon a plan OF re-
striction, published yesterday IN these
dispatches. The closing was quiet,
iwth prices at about the lowest and
showing material concessions,
There was q marked increase IN the
volume Of business in railway bonds to-
day. the sales amounting 70 S2,4I6,OOO
The market ruled firm during the early
session, but subsequently sagged under
influences similar 10 those which de-
pressed the railway shares. The most
important advances were in Hooking
Valley fives, per cent and Feast Ten
nessee division fives, IL per cent. The
chief declines were In Missouri Paci-
fic trust fives 2% per cent, Reading
firsts incomes, III per cent and Read
ing thirds ia per cent.
FOREIGN STOCKS AND MONEY.
New York. Dec 1.-THE Evening
Posts financial cablegrams:
London, Eng. Dec. 17.-There was a
further general Improvement In the
stock markets here today, Consols
-~1 I1l
vance on the anticipation of cheap mon
ey in the new year. Americans rose
sharply. partly on Secretary Carllsles
report. but mainly. ii is said on active
support from those interested in bust
ness of the Reading scheme This
scheme isi received more calmly here
than might have been expected. Prices
closed a little under the best, and the
entire market was somewhat duller at
the close. but the final situation on the
stock exchange is gradually improv-
ing, with a healthy tendency In the
general markets TO shake themselves
free from the ipnfiuence of the mining
market. There is a small boom in Ar
gentine rails on excellent earnings and
the growing wheat industry IN Argen-
tine.
Paris. France. Dec. 1.-THE bourse
was dull today on a further break in
Spanish and Italian securities
Berlin, Dec. 1.-THE market here to-
day was Efeless but steady.
Berlin, Dec. 1.-THE weekly state
ment OF the Imperial Bank of Germany
shows the following changes as com
pared with the previous account: Cash
In hand, decrease 440. 900 marks; treas
ury notes. increase 100.0 900 marks: other
securities, increase $4,000 marks:
notes in circula ton, decrease 5.s60.000
marks