The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-12-17
DEALING is ACTIVE
RAILWAYS SHARE IN INTEREST
WITH THE INDUSTRIALS.

transactions In Railways Larger than for
Some Time Past, the Final Dealings
Therein Being at the Days Best p CURES
Publication of the Reading Plan -
of the NEUTRALITY-SUSPICIOUS. Bob L p and
Down with Frequency-Bond Trading
Better-Amerieans Better in London
New York. Dec 1.-THE dealings ii
stock exchange securities today were
fairly active. Although the prepond-
erance o. activity, was, as usual, IN tAle
industrials, the transactions in the rail-
way stocks assumed larger proportions
than for some time past. Strength
characterized the movement in this de-
partment The anticipation OF the PUB
LEGATION OF the plan for reorganization
of the Reading system was advanced
as an explanatory bull argument Il
was urged that the powerful interests
back OF the plan would not permit us
publication TO fail nat. The plan was,
as expected, published at the closing OF
business. Tue delay in the puollc de-
livery Of the report OF Secretary OF the
Treasury Carlisle was found 10 have
detracted from its Importance in a spec
ulative sense.
A sharp demand soon developed for
the cOalers, grangers, Nanderoilts,
Louisvll He and Nashville. Southwestern
shares and Denver and Rio Grande
preferred The advances resulting
ranged up TO Ia per cent in Burhng ton
Covering Of shorts furnished the cnlec
stimulating influence. Buying on this
account was partially responsible for
Marked Strength in Manhattan Ran
way, although a rise OF per cent IN
the stock was attended by reports OF
probable improved exhibits OF earnings
under the reduced interest charges TAX
ing effect at the commencement OF me
new year. Rumors OF reiterated retu-
sails OF the large investors In the prop
erty 10 take part with their interests
were also a contribution towards a
strengthening factor. The trading IN
the stock was unusually active. In the
speciaIties some notable advances &C
CURED. Erie Telegraph, Bay State Gas
and Mobile and Ohio rose 21a per cent
each, and Tennessee Coal and Iron liz
per cent
The opening was rather irregular and
fairly active. A strong tendency IN the
railroads, apparent in the initial deal
ings, was practically unimpaired
throughout the day. The induStrlaAs
moved in rather erartic fashion To-
bacco reacted rs per cent, recovered
Il. per cent, declined SA per cent, TO
1914 per cent, improved 10 I4lz per cent
and closed ait "A per cent, a net decline
of Pa per cent Leather preferred rose
a slight fraction, receded pa per cent,
TO 672s per cent, rallied to 6S9s per cent
and left off at l per cent lower net
Sugar and Chicago Gas moved within
range OF a point. The market closed
! active and strong and at The best hg-
/ ures of the day for the railroad list.
| Trading in bonds wos on a better
scale than usual recently and upon an
! advancing NOV ement Reading ISSUES
were the features. The aggregate saaes
We're 81, 667, 900. Atchison, Colorado and
Pacific firsts anr Denver and Rio
| Grande improv egnent fyes advanced
ia per cent and Manhattan consul
| fours rose IL per cent The most I'M
| portant decline was St Joe and Grand
| Island firsES trust receipts ia per cent.
FOREIGN STOCK MARKETS.
New York, Dec 16.-Tne Evening
Posts London financial cablegram says:
| The settlement has been satisfactorily
| concluded. The markets today We're
quiet but of distinctively better tone.
ConSols led the rise at 1918. Ali other
Improvement stocks were strong. The
speculative markets were also better,
especially mines on the cessation Of
forced sales. Americans were better.
Reports are put about that they are
going higher. but this is rather DIS
credited in good quarters. NorfoLks
| are fat.
Paris, Dec. I6.-The bourse has oeeen
better today but closed weaker. The
financial position is less dangerous than
il was a month ago. but II is Tar from
satisfactory or healthy.
Berlin, Dec. 16.-The markets here to-
day were steady.
GOLD SHIPMENTS.
New York, Dec. 16.-Heidelbauch.
| Ickelheimer * Co. engaged S,5Oo.O0O
Mueller. Schall & Co., 100000; Saden-
borg, Schalman q Co, $3.50. 900. and Won
Holman & Co, $500, 900 gold for snip
| ment The total shipments so far FOR
Tuesdays steamer amount TO IS. 900.
GRAIN MAI.kET
| CHICAGO.