The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-04-07


Speculative Mortgages Early in the
Mediterranean Bonds.
| New York, April 6.-During the two
| hours Of business on the stock exchange
! trading was irregular but the tendency
| Of prices was in the main downward.
The losses of the day ranged from
| Is per cent to = per cent, the latter in
New Jersey Central, which was sold
down in the last half hour, breaking
is per cent from the highest point
touched. Manhattan is down q per
cent; General Electric and Lead g per
cent and Cotton Oil Is per cent. Ad-
vances are established of pa per cent
in Cedar Falls and Minnesota; IL per
cent in Delaware and Lackawanna, and
Michigan Central. New York and New
England was the most prominent, but
merely fiuctuated within narrow limits,
closing y per cent lower than on yes
terday.
During the past week the market has
been less active than for some weeks
past with the result that the declines
on the week largely outnumber the adj
vanceS while the aggregate sales reach
only 93o, 900 shares, 13o stocks being
dealt in. In the latter part of the week
trading was dull and irregular, the de-
pressing influences being the unfavor-
able traffic returns for March and for
eign sellin, realizations of profits and
doubts as to favorable outcome of the
pending negotiations between the pres
idents of the anthracite coal carrying
T'aodS. The closing of some of the sugar
trust refineries was used as a wedge
against the stock. The COrdage shares
Were in demand throughout the week,
particularly the guaranteed stock. A
break of 4 per cent, to S3I2 per cent. in
Metropolitan Traction attracted no lit
tie attention. There was a rumor that
the company had not earned the recent
dividend declared on the stock. The
company officials state that there is
nothing in the affairs of the company
to warrant the decline and expressed
ignorance as to the cause. Declines:
New Jersey Central, 4 per cent: NiclSle
Plate seconds, 33s per cent; Oregon
Navigation and Hooking Valley, pre-
ferred, 3 per cent; Consolidated Coal.
% per cent; Erie Telegraph, 3A per
cent; Tobacco, "a per cent, and Cedar
Falls and Minneapolis, Michigan Cen
trail and Duluth, South Shore and At
lantic, preferred, per cent.
The bond market today was quiet and
StHeTdlly IT1n. he oregon Navigation
issues were the feature of the dealings
and made further appreciation, the
fives moving up per cent and trust re-
ceiptS and collateral trust five. per
cent each. The sales aggregated $780,
coo. An advance was reached of 2in
per cent in oregon and California
fves.
There was pronounced strength dur
ing the earlier part of the week in the
speculative mortgages, the transactions
being 81 ,263, 900.
Government bonds were in lighter de-
mand during the week, sale aggregating
only Sl20.O0O There were Insignificant
changes in value.
Silver certificates were strong on
Monday and sales We're made at 6S1H
per cent against 671s per cent, the final
transaction of last week. Later there
was break to 65A per cent. with 66
per cent bid at the close. The total
sales were 100000.
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