The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-09-20
FEVER GOING DOWN
TONE OF SPECULATION Is NEABER
TIE NORMAL

Increase In One Day One Hundred
Thousand shares-Course Of Prices
More Uniform-London Figures In the
Market Only for Weakness Of Amerl-
cans-Opening Firm, Market Tending
Upward to the Close-Tohacco and Chr
caxo Gas are the Leaders, the Former
Advancing Five and Three Fourths.
New York. Sept 19.-The volume OF
trading in stocks was larger today by
fully 100000 shares than on Wednesday
and the tone of speculation was less
feverish. The course Of prices also
was more uniform. London turned in
weak for Americans but otherwise did
not figure in the market.
The opening was firm and with the
exception of temporary set backs at
IL and y O'Clock the tendency Of prices
was upward TO the close. The indus
trial shares We're the features of the
speculation with Tobacco and Chicago
Gas the leaders. The first named. at
ter a decline of ga per cent. became
quite buoyant, jumping 6l-2 per cent
from the low point. The rise was slim
ulated by purchases for both accounts
on the settlement of the fight between
the American Tobacco company and
the powerful plug tobacco manufacture
ers whom it had antagonized by in
yading its department of business. II
closed 3-4 per cent higher. Chicago
Gas was second in point Of activity. in
the industrials, in point of strength. II
left off with net gain of 3-s per cent
on the income of the long expected de-
clara ton of l per cent dividend The
preferred rose sympathetically la
per cent. In the other industrials de-
cided strength and substantial gains
were evinced. The coalers, while much
less active than the grangers, were
relatively more noteworthy, as advan-
ces were recorded IN them extending 20
3-4 per cent in New Jersey Central.
The advances were material and We're
as rule sustained. In number OF
stocks other than those referred to. de-
cided movements occurred. The
strength Of the general speculation.
apart from the special influences noted.
was most favorably affected by a drop
of 1-2 per cent in posted rates and gen.
orally in actual rates of exchange which
were announced in the afternoon. II
was inferred that other reductions
would be made which might initiate
against any large outflow Of gold this
week.
The trading In bonds was Of compare
lively meag1'e proportions but the tone
was healthful. The speculative issues
received excellent support and as a re-
suit OF the days operations recorded
gains generally. The aggregate sales
We're 81, Az. 900
LONDON STOCK EXCHANGE.
New York. Sept19-The Evening
Posts London Cablegram says: The
Increase of $50. 900 pounds in the Bank
OF England, coin and bullion, this week
was due to the net imports OF gold, the
details being 1,097. 900 in United States
coin and bar gold bought. Sc. 900 improt-
ed from Australia, q. 900 from China,
and 5000 from the continent and 5000
exported to Egypt. 10000 TO Malta and
$4,000 to the Cape. Other deposits were
up 100000 pounds. thus emphasizing
the glut of money. The Jewish holdiyes
caused dizziness in all the markets Blu,
the prices closed generally abpove the
lowest.
Americans were quiet and though
showing little movement closed q trifie
$3.50 DoAiiSh al tOiC. NO UctdlIS are
yet known OF the second Russo-Chinese
loan.
LOAN MARKET.
New York, Sept. 1s.-Money on call
1s@2 per cent; last loan per cent:
closed 2. Prime mercantile paper 4G5
per cent; Sterling exchange quite weak
with actual business in bankers bills
at $4.SS0A for demand and s. 89GL for
sixty days: posted rates $4S7hd4 S9I4
and A.s9AG4.90n. Commercial bills
S4s79; silver certificates 67QA. Gov
bonds firm: state bonds in
active; railroad bonds strong.
FOREIGN FINANCE
London, Sept 19.-The weekly state
ment of the bank of England issued to-
day shows the following changes as
compared with ten previous account:
Total reserve increased I. o60, 900 pounds;
decreased 81. 900 pounds; bull
lion increased 974,420 pounds; other Sc
curities $4,000 pounds; other deposits
increased 1,344. 900 pounds; public depos-
Its increased $50 900 pounds: notes Ne
serve increased 9e0. 900 pounds: govern
ment securities unchanged. The pro
portion of the bank of Engiand's re-
serve to the libility. which last week
was so. SO per cent, IS now pa per cent
London. Sept. 19.-4 p. m. close: Con-
soils for money 10S: for the account.
l07 n-ls. Canada 59lz; Erie SIS; Erie
slyvania NQt.,5
seconds IS; Illinois Central 104k: Mex
lean ordinary %; st. Paul common 1854;
New York Central 105; Pennsylvania
57is; Reeding 10it: Mexican Central new
tours Il: bar silver 30iA per ounce.
Money u per cent The rate OF dis
count On the open market for short
bills x per cent; do three months bills
Lie per cent.
Gold IL quoted at Buenos Ayres TO-
day at 22&: at Madrid Is; Lisbon 24%:
St Petersburg 80; Athens ~; Rome
l04.75: VIENNA 103.
The Bank OF England rate OK discount
remains unchanged.
Paris. Sept l9.-The weekly state
ment OF the Bank OF France issued to-
day shows the following changes as
with the previous account:
Notes in circulation increased 700 fran
CO; treasury account current Increased
{. 100. COO francs: gold IN hand decreased
Z. 7s5. 900 francs: bills discounted de-
creased 12.4co.o0o francs. Silver Il
hand decreased IBIS. GOo.
Paris. Sept ls.- p. m--Th-ee per
sent rentes 100 francs s2lz cents for
the eoco1nc Exchange on London y
francs % cents for checks.
DRY GOODS MARKEr.