The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-10-09

ment, which begins on Saturday. II
the real holders of shares become
alarmed a heavy break might follow
but II must be remembered that the
market is still strongly backed by the
Kafir millionaires. Americans were
dull. closing fat az The lowest.
London, Oct S.-Closfng: Ccnsols
for money 1o7 9-16; closing for ;he ae-
count 1O7ss: Canadian acific s15s; Erie
Il: Erie seconds So: Illinois Central
1853, Mexican ordinary III; 81 Paul
common 77-.; New York Central 1854;
Pennsylvania SIS; Reading 1aSs: Mex
lean Central fours -: bar silver 50 Isis
ence per ounce; money u per cent The
rate OF discount In the open market for
short bills e-f5 per cent; rate OF dis
count for three months s-ls per cent
Gold is quoted at Busnos Ayres today
al 1850: Madrid Is: Lisbon e4S; St.
Petersburg 80; Athens -; Rome lo4-75:
Vienna los.
The amount OF bullion gone into the
bank OF England on balance today To-
0s1 pounds.
Bar silver closed 50 1916 per ounce.
Paris. Oct. S-Three per cent rertes
100 francs, - centimes for the account
Exchange on London . francs. zsl=
centimss for checks.
The boUrse was depressed and the
capture OF Antananarivo failed 10 IN
part eheerfulness
Berlin. Oct S-Exchsnge on London
eight days sight ~ marks. 42i, pfennig
LOANS AND CLEARfNGS.
New York. Oct. S.-Money. firm az "a
as per cent; last loan, 5; closed 5 per
cent. Prime mercantile paper. "a az
per cent. Sterling exchange weak with
actual business IN bankers bills As'
G4SSl. for demand. and A.S61sSoA Tor
sixty days; posted rates. S4.SsG4-SIls,
and ASSTASSI- Commercial bills,
SASH. Silver certificates. ssSsios7 =.
New York. Oct. S-Clearings. S.
291. 1Ol: balances. Sc. 00e. ee4.
Boston. Oct. S.-Clearings. slS,0o5,22S;
balances. s2.056. 2SS.
Philadelphia. Oct. s.-Clearings. $4,-
743. 500: balances. S2,si7,64S.
Baltimore. Oct. S.-Clearings, $685.
253: balances. s4O9. 407.
ST Louis. Oct. S.-Clearings. s4.54l.-
$50; balances. S70s59. Money. S47 per
cent. New York exchange. % cents
discount bid.
Memphis. Tenn. Oct. S.-CleaTings.
$3.50. 4Se; balances. IS. 679.
SILVER HIGHEST OF THE YEAR.
New York. Oct. S.-The Evening
Post says in its financial review today;
One OF the noteworthy incidents OF the
day was a further advance in silver
bullion to 80 1915 pence on the London
market, the highest figure of the year.
This is the first demonstration OF any
consequence in that market since the
treaty OF peace between China and
Japan astl May. The price temporaT-
lily touched sos pence that month. but
since then and until last week. the
price OF silver has held almost notion
less at 30i4d 10 30ied. Yet IL was plain
throughout this interval that silver
was being steadily accumulated in
London. During July and August
when IL Sslver exports usually pre-
dominate. Great Britain imported. by
official returns. S4.9l7. 900 more silver
than it sent out. In the same two
months exports OF silver from the Unit
ed States TO London were 1891. 90
greater than IN 1894. The New York
weekly shipments during September
reached a still larger average. twice
making a weekly total OF nearly ST.
10000 IL may surprise some people TO
know that our silver export under such
conditions Is the largest since the civil
war.
Nor is there any difficulty In guessing
the purpose OF these London buyers.
One object OF the Chinese indemnity
was to provide the silver needed TO re-
deem japanese notes fioatei for war
purposes in Corea. for which redemp-
ton silver Will be availebie. II the In
demnity fund were 10 . used 20 Ill Ja-
pan itself with a silver currency. the
demand would. Of course. he vastly
greater, but the japanese statesmen
are shrewder students OF government
finance than the oracles of our own
great west