The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-07-25
DOWN GO CHANGERS
DISTRESSING CROP REPORTS AZ.
Feet THOSE SHARES
General Railway List Catches the Infecssoa
and Hardening Of Sterling ExeAa.es
Works In the Same Dtrecsi0u-Marhse
Gets Grogxy. Especially Among the Ia
dustrials-Chicago Gas Meets Good anA
Had Fortune-Lesther Notably ssreag
-Atchison Bonds Heavily Dealt Ia
American shares Easier In Londoo.

New York. July eA-Share spesula-
ton on the stock exchange was irregu-
lar and unsettled throughout the great
er part OF the day and the trading was
heavy In tone. Chief among the de-
pressing influences In the market was
the sharp advance in wheat which re-
fiec;ed reports OF scan, crop and as a
consequence led 20 selling OF the grang-
ers. both for the long and shor, ae-
counts The general railway lists
caught the depression. which was in
creased 10 some extent by a slight
hardening tendency OF sterling ex-
change and by moderate sales for the
foreign account, mainly on arbitrage.
The course Of the market was very err
ratio with the widest fluctuations in
the industrials. Sugar after an early
advance OF "a per cent broke la per
cent 20 li2S per cent. during the morn
ing on clique selling. claimed for the
purpose or shaking out weak holders.
a rally OF lSs per cent was followed ny
a reaction Of II. per cent and final re-
covery OF u per cent. restricting tho
net loss 20 the msrest fraction. Chica-
ga Gas fiuctuated between S. per cent
and 56k per cent. closing within y per
cent OF the lowest and - per cent below
yesterdays closing. This stock was IN
good buying during the morning on re-
port that plsn had been evolved by
the trust 20 get over the legal difficult
ties supposed 10 stand In the way %
paying dividends. Later advices from
Chicago asserting that the attorney
general was after the trust helped %
depress the stock. Leather was ncts-
bly, strong in the late dealings. the COM
mon stock showing a net gain OF IL
per cent and the preferred per cent.
-
doomed into prominence. Reading was
bought on the announcement by a Phil
adelphia paper that the Earl-Olcost
comrnittee had agreed upon n plan OF
reorganization soon to be made public
An advance oil III per cent was made
In the stock. OF which Z. per cent was
subsequently lost on n denial OF tho
story by the council 10 the reorgan-
iZation commit &c. on a small ps'r-
chase New Jersey Central rose IL per
cent and Susquehanna and Western
preferred IL per cent while Delaware
and Hudson on sales OF 500 shares broke
] per cent. A story (Which could not be
confirmedD that New England was TO be
turned over about September l 10 the
new interests which have gained the
control caused thar stock TO jump up
3ss per cent. the gain being retained To
the close The entire market closed
very heavy, the only important changes
In price on the day not already noted
being an advance OF Pa per cent Ia 81.
Paul and Omaha preferred and declines
OF 2k per cent on Canada Pacific and
per cent in Edison Electric OF New
York.
In the bond market the Atchison Is
shes were heavily dealt IN snd on pur-
chases aggregaiing 81. 900 900 the fours
trust receipts improved Ia per cent and
seconds trust receipts l% per cent: adj
tustment fours when issued brought
54% asa per cent. Aside from the Atch-
ison trading the inquiry was good for
other mortgages which caused a general
rise IN values. The aggregate sales OF
the day reached the large total OF 81
go, 000