The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-11-28
CLOSING AT GAINS
STOCK MARKET ACTED ON BY FAV.
ORABLE IN. LUENObS

Shorts Covering. Better News from Abroad
with ondon Purchases Of Information
ais, Granger Earnings showing and the
Gold situation are Among the More Po-
tent Factors-Rush to Close Out Con-
tracts In Observation-Disclosures List Strong,
Owing Largely to the Anticipated Fsv-
orAble October showing.
New York, Nov. Recovering of
from abroad. expectations OF substan-
tial increases IN earnings by the gran
ger roads, and indications OF a lighter
outflow OF gold TO Europe on Saturday
than had been figured upon. all exert
ed influence upon today's stock market.
In addition London bought securities
in this market, causing net advances
IN the International SHARES, extending
TO rs per cent in Denver and Rio Grand
preferred A prominent operator was
detected covering shorts in Tobacco
and a rush followed 10 close out con-
tracts by the smaller bears. This
stock monopolized one-fourth OF the
dealings and scored an extreme ad-
vance of 21s per cent from the lowest
figure Of the preceding day. II closed
al a net gain OF a point and a reaction
from the best price OF the day OF Is per
cent. The feature OF the speculation
was the resistance shown 10 drives at
the industrials.
The railroad list was strong through
out on the foreign buying and expecta-
nf q crQi n nv haS nj I'm
lington and Wabash roads in the exhib-
its from the month of October which
are due on Friday Reports publish
ed today for the third week in October
were favorable. Northern Pacific
showed a gain for the week OF SASS.
The market for sterling exchange
was reported extremely dull. both in
point OF offerings of bills and demand.
The actual business rates We're not
quotably lower. Exports OF gold that
may be made at present figures this
week will be partly on merchandise
basis.
In the railway stocks, lines OF Manhat
tan and Western Union were covered
by the professionals. The bears from
time TO time tested the market and caus
ed a rather feverish movement on the
industrials. The volume OF business
L .
total, but entirely reflected the manip-
ulation OF the professional dealers. In
the last hour reactions from the ex-
treme advances occurred on realizing
sales and in the statement OF the cover
ing demand. The closing was irregu-
larly strong, final sales showing gen.
eral net gains.
The total sales of stocks today were
231 800 shares including: American Su-
gar SO, 800; American Tobacco g. 200;
Atchison $500; Burlington 400; Chi
cago Gas 5000: Distilling and c. f.
$500; Louisville and Nashville $500;
Northwestern 500; Rock Island 1000;
st. Paul 1900; United States Leather
preferred 1900; Western Union $500
The railway bond market. in SYM
pathy with stocks, displayed strength
and a fair degree OF activity. The more
more important advances were in Atch-
ison adjustment tours, when issued.
Ia per cent; Kansas and Texas sec
onds IL per cent. The dealings ag-
gregated s1.446,00
Government bonds were easier at a
decline of sax per cent in the bid
price. There were transactions Of s55,-
600 in the fives coupons at 114A per
cent.
NEW ONES ON THE LIST.
New York, Nov. 27.-The governing
committee OF the New York exchange
has listed the following securities: Mis-
souri,, Kansas and Texas railway $685.
900 additional first mortgage extension
five per cent fifty year old bonds; max
ing amount listed to date 1896, 900.
Cleveland and Mahoning Valley $751;
600 five per cent bonds. Of 1895. includ-
ing s5S1,Ooo coupon and $500 registered.
making total amount listed TO date 81
4S1, 900. Duluth and Iron Range rail-
road sl.574. 900 additional first mortgage
5 per cent coupon bonds. making total
amount listed to date 81, 49,, 900; Ann Ar J
Dor railroad $1,000, 900 mortgage 4 per
cent 100 year gold bonds OF 1895 aid s4.-
600, 900 per cent non-cumulative pre-
ferred seock and s.. $50. 900 common stock !
in such amount as issued from time 70 |
time on receipt OF official notice thereof. |
FOREIGN STOCKS AND MONEY.
New York, Nov. 27.-The Evening !
Posts London cablegram says: The |
stock markets were firm today and clos |
ed at about the best Consols lead on |
reports that the sultan has signed an /
adict authorizing further gunboats OF /
the powers to enter the Bosphorus. TIE /
general dearth OF stocks assists the up /
ward movement in prices. English |
rails were the firmest market Ameri- !
cans were good but only the leading /
favorites were bought here
London. Eng. Nov. 27.-Closing con-
soils for money l07 Is; for the account |
IO7 Is; Illinois Central 100; Canadian |
Pacific 81 rs; Erie l3 3-s; Erie seconds |
rs: Mexican ordinary II IL. St Paul |
common n I-2; New York Central io2 "a |
"a "a; Reading ia: Mex /
can Central new fours IL Bar sill |
yer 80 ga pence per ounce Money "a /
per cent The rate OF discount in the !
open market for short bills 1851 3-s 4
per cent: discount In the open market
for three months bills / 5-l6ai 3-s per
cent
Paris, Nov. 27.-The bourse was firm
the failure Of another
Coulisse firm with heavy difexences-
The account OF this firm, however. ap-
pears TO be already llquldated and con-
has no effect
Berlin, Nov. 27.-Exchange unchang-
ed.
London. Eng. Nov. 27.-The amount
OF bullion gone into the Bank OF Eng
land on balance today Il a. pounds
Gold is quoted al BuenOs Ayres today
a. z53.25: others unchanged
LOANS AND CLEARINGS.
new 1OFhs NV. %i--4AOae5 OF Cal I
easy az 1-2d2 per cent. last loan Per
cent; closed ll-2a2 per cent Prime
mercantile paper 4E5l-z per cent stsT
ling exchange dull with actual business
In bankers bills a. - sSGI-4 for demand
and &4s7G3-4 Tor sixty days: posted
rates s4ssl - and $40: commercial
bills al S4ss "a Silver certificates s.
s-sa3-4 Bar silver a.
New York. Nov. z7.-ClearinEs 81, So
ss2
ro-.-, Mas ~ Cfe.-s-~- !