The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-12-12

New York. Dec. 1.-THE chief feature
of today's stock market was Irregular
ity. The volume of business was fair
measured by recent averages. and the
parts
The market opened dull and irregular
| with but few decided changes in either
! direction resulting in the initial deal
/ ings. The treading soon assumed a
decided tone and on comparatively
light transactions. the entire list NOV
ed upward. handsome gains being made
| in the industrial group. Consolidated
Gas made a further jump of per cent.
10 159 per cent. Leather preferred and
Tobacco common and preferred ad-
vanced 2ls per cent and other shares
fractions. Near the end OF the first
hour the traders made a drive against
| the market and realizing sales helped
/ them in their efforts The industrials
| bore the brunt of the attacks but the
| stocks of the receivership railroads, in
| Guiding the Atchison, Burlington and
| Union Pacific, also declined sharply
| owing 10 liquidation by holders anxious
/ to eyade the payment OF the heavy as
/ sessments involved in the respective
| plans OF reorganization. Pacific Mall
caused something of a sensation by
dropping nearly 2 per cent in the face
Of the current expectation that the
long-talked-of agreement between that
company and the Panama railroad
would be definitely concluded within a
few days at the latest. The declines
was caused by the publication of an
srz- ar-w-fa f.t, II
| companies who was made to say that a
disagreement was more likely than an
agreement. The accuracy OF the in
terview was afterward denied. and the
stock recovered all but a small frac-
ton of the loss. The reactionary
movement in the general market ap-
peared TO have spent its force around
l p. m, and in the subsequent dealings
material recoveries in prices occurred.
The announcement OF the engage
ment Of sl1 zoo. 900 in gold for shipment
fell fat. The advance of nearly 10
points in the past two deays in the
market price Of Consolidated Gas
causes the denial of the rumor OF a
probable consolidation of the New York
companies TO be regarded as very large
ly technical in character. Official con-
formation is unobtainable. however. In
OF shorts was largely responsible for
sharp advances in Sugar. Tobacco, Pa
ciic Mail, Tennessee Coal, Reading.
Delaware and Hudson. Leather prefer
red and Minneapolis and st. Louis sec
ond preferred. In the final dealing
realization sales caused a noteworthy
slump in Tobacco and Lea ther prefer
red. The general market closed quiet
and firm in tone.
The railway bond market ruled firm
and higher in the morning. but in the
afternoon dealings prices were shaded
all around, which Impaired an easy
tone to the closing. The sales We're
1856, 900.
LOANS AND CLEARINGS.
New York, Dec. 11.-Money on call.
easy. at 2d21z per cent; last loan. per
cent; closed, per cent. Prime mer-
camille paper, 1861 per cent. Sterling
exchange dull with actual business in
bankers bills at 81 e9% Q4.s9 for demand
and s4s7%Q4Ss for sixty days. Posted
rates. s4ss1k@4S9 and s4.ssAq4s0.
Commercial bills. s4.s7. Silver certifi-
Gates. S6G6S1s. Bar silver. 65s.
New York, Dec. 1l.-Clearings $685.
e37, 1856; balances, 6.66S. 800.
Boston, Dec. 11.-Bank clearings, w.
945. 1872; balances, s2.2io.63s-
Philadelphia. Dec. u.-Clearings. 49,
204. 306: balances, s1,767. 925.
Chicago, Dec. 11.-Clearings, f7.045.-
s61. Money on call. sass. per cent; on
time. 6G6iz per cent; demand, fair. New
York exchange sold at par 10 % cents
premium. Foreign exchange weak;
bankers Oondon) stearling, ASS7s9
4s77s.
St Louis, Dec. 11.-Clearings. 1857
727: balances. 1852. OBS. Money. 5qs per
cent. New York exchange % cents
premium bid.