The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-11-15

ling Exchange Rates and Gold Shipment
Rumors Break Out Afresh-Close Veal
and Earlier improvements Mainly Lost
Bonds Less Active, and Firm.
New York, Nov. 14.-There was no
Improvement today in the character OF
stock operations, the dealings being
chiefly for account of professional OPP
orators. Neither was the movement OF
value as indicating the probate trend
of the market in the near future. An
artificial strength was discernable at
intervals in the face Of disturbing re-
ports, but the withdrawal Of support
almost always was followed by yield
Ing tendency. Liquidation was evident
in a number Of instances. The results
Of the days operations were, as a rule,
unimportant- The opening was mod
eTately active and general slight de-
cline followed, which was in part in
spired by lower prices for Americans
abroad. A movement by powerful
banking interests together with pur-
chases for the account Of speculative
organization started a decided covering
movement by the shorts and resulted in
substantial advances in the leading in
dustrials, grangers, coal stocks and
number Of specialties. Pacific Mail was
strong feature, advancing "a per cent
TO 30 per cent on further gossip circu-
lated by the manipulating interests.
Renewed liquidation was apparent in
Manhattan railway. The stock broke
21s per cent, to 1014 per cent, the lowest
price or the year. against liz per cent,
the highest point, on May Z On the
other hand Metropolitan Traction was
IN good demand and advanced az per
cent. The Sterling exchange situation
was again forcibly recalled to the street
by an advance Of Il per cent in rates
Tor actual business and by more or less
deflnite estimates as to probable gold
shipments on Saturday. No official
statements on this point were obtained
and the prevailing impression among
leading bankers is that the amount for
warded at the close of the week will
not exceed $1,000, 900. At the same time
several houses usually prominent in
so!d movements are known to be figllr-
ing upon shipments. Despite these
Facts the stock market continued strong
until the last hour, mainly on the COW
erlng or short contracts A reactionary
tendency then developed which was i'm
proved to the fullest extent by the bear
party and was assisted by liquidation.
Heavy selling Of Reading was attended
by rumors Of an earlier publication Of
the reorganization plan than has been
expected and by reports that the assess
ments Incidental thereto would be more
severe than the current estimates. The
reports We're not attended by official de-
tails. The general list exhibited ma
terial weakness. Denial by the Pana-
ma railroad people of the reports upon
which the rise In Pacific Mail had been
engineered caused a partial recession
from the highest figures in the last |
mentioned stock. The closing ives weak |
ana at loss OF most of the early inn |
pTOyeTnents.
Bonds We're less active and generally
FIRM. The fluctuations were as a rule
C3lmportant. The aggregate sales
were s., 436, 000
Governments We're without features.
on sales of $4,000.
FOREIGN STOCKS AND MONEY.
New York. Nov. 14.-Evening Posts
financial cablegram:
London-nhe stock exchange settle
ment was satisfactorily concluded to-
day. Only one Insignificant failure was
a announced but many persons have been
helped over, mainly by Barnato.
The markets were better all around
today. Consols were up to nearly 107
per cent Mines We're very strong at a
considerable rise. The public are buy
ing them again.
Americans were hating and irregu-
lar but closed firmer. The best opin-
ions here favor a moderate rise in the
better class of shares but no boom is
anticipated.
The money market was eaier on the
conclusion Of the settlement.
The coin and bullion in the Bank OF
England increased 1000 pounds this
week. Only 5000 pounds came in from
abroad, the details being 21S. 900 bars
bought. $4,000 exported 10 the Cape and
10000 TO Egypt. The other items in the
returns are featureless.
Five millions sterling will be paid
over by China TO Japan on Saturday,
being the extra amount in connection |
With the REIMBURSEMENT Of the Lao
rung peninsula. The report that Japan
has begun to lend the money in this ,
market is not correct, but this may hap
pen at any moment
Paris-phe stock market was active
and firm.
Berlin-The markets are still rather '
weak. n
. London, Nov. 1.-THE weekly settle O
nent OF the Bank of England issued to-
lay shows the following changes as
compared with the previous account: :
Total reserve increased S74. 600 pounds: r
,irculations decreased 329. 600; bullion | L
1864; other securities in /
'reased 141 zoe; other deposits decreased }
$4,000; public deposits increased AS. 600: D.
totes reseve increased 465. 900; govern L
nent securities unchanged. The pro- o
'ortion Of the Bank of Englands re- O
erve to liability, which last week was Z
SO, per cent, is now 5S.15 per cent L
Paris, Nov. 1.-THE weekly state
nent OF the Bank Of France shows the .
Glowing changes as compared with |
he previous account: Notes in circu-
alton decreased 1875. 000 francs: treas
~ accounts current decreased 1876
DO: gold in hand decrease 9.975. 600: bills | &
iscounted decrease DDS. 900; silver in | I.
and increase AS. 600. =
BANK CLEARINGS.
philadelphia. Nov. 14-Clearings s16.- n
4. $50; balances 81 .974. 55S. 1
$. Louis. Nov. 14.-Clesrings 1885,
i: balances $707.I4 Money 5d7 per
ent. New York exchange so per cent
.scount.
New Orleans. Nov. l4.-Clearings So
Q. 444
DRY GOODS iaRHEr
New York. Nov. lin the general c.
OF the demand there has been
, change. For current wants there
as little doing in staples as daily de- p,
-eriaS On DrfOr rurS~a a SaS a -, e,,oDrx- l =,