The Wichita daily eagle., 1895-05-14

New York. May 13.-Speculation on
the Stock Exchange today was on a
magnificent scale, the transactions ag-
gregating very nearly 200, 600 shares AT
the opening of business the market was
irregular, but the tendency in the main
was toward lower figures, due princi-
pally to sales for foreign account In
the London market a realizing move
ment in Americans was in progress and
the arbitrage brokers sold in this mar
ket also TO take profits. The bears took
advantage of this situation 10 depress
values and as a result losses ranging
up to 112 per cent Were made in the
first half hour, Louisville and Nash
vile. Union Pacific, Northern Pacific
preferred, the grangers and Lacka-
wanna leading the decline. Sugar fell
off q per cent but quickly moved up
21s per cent TO HIS per cent The
Nickel Plate shares Were strong, the
common and second preferred selling
up per cent each. a rally occurred
after 1890 o'clock, good buyers coming
in at the lower range of prices and
general advance took place which was
not checked until shortly before mid
day, gains being recorded of AQS2s
per cent, the latter in LaClede Gas
preferred, 3 per cent in Bay State Gas,
2S4 per cent in Chicago Gas, 212 per
cent in Distilling and 1% per cent in
Wheeling and Lake Erie preferred. The
grangers fell off 1.@1 per cent and
Reading IL per cent. Toward noon
there was a renewal Of the realizing
sales and Chicago Gas gave way Is
per cent; Sugar, Reading and Starch
IA per cent, Lead, Distilling and North
west rs per cent, Rock Island and Atch
ison and Norfolk and Western prefer
red per cent and the rest of the list
fraction. Sugar rallied Is per cent. Be
tween l and 2 o'clock prices moved ir-
regularly but generally upward. Read
ing recovered Is per cent, Northwest
and Rock Island - per cent and the
others of the active list kG3s per cent,
while Minnesota Iron jumped AZ per
cent. In the last hour the trading
again became very heavy with a break
ranging up to 1as per cent in the ac-
tive shares which were most marked
in Chicago Gas, La Clede Gas preferred
New England. Sugar. Canadian Pacific.
Rock Island. Baltimore and Ohio and
st. Paul and Omaha. ST. Joseph and
Grand Island sold down per cent.
An exception to the rest of the market
was Long Island, which advanced 2I5
per cent, and Minneapolis and st. Louis
l per cent. The market closed weak
with a majority OF the stocks dealt in
lower than at the close on Saturday.
The trading in bonds during the day
was of an animated character, the sales
aggregating sf.7S2. 900. There was con-
siderable irregularity in the trading.
but there was a decided downward
trend TO the speculative issues. The
changes of note Were: Advances-Chi-
cago and Erie incomes Az per cent.
Oregon Navigation collateral trust
fives turst receipts per cent. Toledo,
Peoria and Western firsts ga per cent;
st. Joseph and Grand Island firsts 3is
per cent;St. Joseph and Grand Island
trust receipts / per cent; Missouri Pa
cific consols skies. Kansas and Texas,
of Texas. fives and Richmond-Danville
debenture fives stamped and Milwau-
kee, Lake Shore and Western firstslis
per cent: General Electric debenture
fives and Reading thirds incomes IL
per cent; Rio Grande Western fives
and Houston and Teasx Central gen.
eral fours l per cent. Declines-North
ern Pacific thirds 3 per cent; Northern
Pacific seconds l per cent Northern
Pacific consols fives 11s per cent; ST
Paul, Minneapolis and Milwaukee sec
onds 2A per cent; st. Paul, Minneapolis
and Milwaukee consols 1 per cent; ST.
and San Francisco IL per cent: Chesa-
peake and Ohio fours Ia per cent. and
Cordage firsts, Seattle, Lake Shore
and Eastern firsts trust receipts / per
cent, and Denver and Gulf firsts 1l2 per
cent