The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-10-29
NOT MUCH CHANGED
STOCK VALUES FLUOTUATERATHEh
MORE THAN OF LATE
Early Drives on Sugar, Leather Preferred
ment Checked Only Temporarily at the
End of the First Hour-Past MIDDAY
There Is . Pronounced Rally. Followed
by Slight Falling on In the Latest
Transaction-Raiiway Shares Suffer Less
than lndustrials- Bonds Lower.
than Bonds Lower.

New York. Oct. S.-The stock mar
ket opened weak and moderately sc-
tive. Prices were made early at Su-
gar. Leather preferred and other shares
on large transactions Al the end Of
the first hour the downward move
ment was steuIned. but after a hrsef
interval the decline recommended on
continued active dealings and prices
yielded to the lowest OF the morning
sugar dropped 21z per cent; Tobacco
and General Electric Is. per cent: Ten
nessee Coal IL per cent and Leather
preferred is per cent In the railway
shares the losses were not as heavy as
IN the industrtais, although the grang-
e,s. Manhattan. Kansas and Texas
preferred and Missouri Pacific yielded
Sharply. The reaction came to a halt
shortly before midday. but in the sub
saquent dealings the market weakened
for a time IN Sugar and General Elec-
trio Around 80 the general IA NY be-
came pronounced and recoveries over
the early low figures were established
extending TO Pa per cent in Leather
preferred Sugar rallied Is per cent
In the inactive stocks Metropolitan
Traction and Pennsylvania coal adVan-
ced and per cent respectively. In
the late dealings slight easing off in
prices was noted. The market closed
steady in tone with but few material
changes in price.
The speculation in bonds was moder-
ate in volume and lower prices were
the rule. The heavineSs OF the early
snare operations exeried a depressing
influence on the market. notably for
the speculative issues The subsequent
rally in stock prices did not effect the
bond market 10 any extent as regards
the active liens. although IN some OF the
inactive mortgages appropriations OF
note occurred, namely Morris and Es-
sex consols, guaranteed per cent; IL
ster and Delaware fives l Y per cent and
Erie firSts conSols. Erie second consols
stamped. Omaha and St. Louis first
trust receipts Scioto Valley and New
England fours and Pennsylvania 41zs
l per cent DeclineS-Oregon Short
Line consol fives trust receipts IL per
cent: Morris and Essex ffrsts per cent
Lehigh and Wnkesbarre consol sevens
aSse1ted and Kansas Pacific consols
trust receipts IA per cent and San An
tonic and Arkansas Pass tours. Ontario
and Western refunding fours. Northern
Pacific Terminal firsits and Oregon I'm
provement firsts per cent.
Governments were in sales of $50. 900.
In state bonds, s.. 900 Virginia centu-
ries and $4,000 Virginia deferred skies
stamped were traded in
New York Oct 2S.-The Evening
Posts financial cablegram:
London-The general settlement has
been begun. Sales are rather higher.
although the account is small This is
due TO just a little confidence as to cred
ii. Coruangoes ON Americans were 3i2
to 4 per cent, although the stock TO be
carried is less than for some time The
markets opened fat on further liquida-
ton in mines. from Paris. There was
a general and substantial recovery at
the close.
Americans were fun from start to
finish. Operators are tired of that mar
ket and dread tine Sftua ton in America
next year. The more gloomy are free
ly predicting a premium on gold.
Great interest is felt here as TO the
in which Japan will employ
part of the Chinese indemnity TO be
paid over to her in November. II is
generally believed that after the pay
ment here for gold and silver. any bal
ance VIII remain. for the present. In the
Bank OF England. That actual gold will (
be shipped TO Japan Is not generally /
credited.