The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-08-04
RESCUED BY THREE
STOCK MARKET BARELY SAVED
FROM UTTER STAGEaTIog,
Sugar, ST. PanI and Manhattan are About
All There Is to It-London has = Holi-
day, the InhGence of Which ID Manifest
In Restricted Operations and sagsinx
Tendency Bear Demonstrations are
Carried on Listlessiy-Laek of Commits
sion House Business and Insider sup
port-Linited Total of Sales.

| New York, Aug. 3.-The duilness of
speculation today almost beggared de-
/ scription and three stocks redeemed
I the market from virtual stagnation
These were Sugar, St Paul and Man
/ haitian. The last mentioned recorded
the widest fluctuations, while Sugar
though on abnorTnally light dealings.
I'D the list in point Of activity. The
market opened dull and undressing
and, as lacking the initiative OF London
. on account OF the holiday in that CEN
tre, the traders inclined to the side
Prices sagged all along the line, with the
more important concessions in the
grangers. The declines were fraction
al and even the bear demonstra tons
were rather iistiess. Lack OF commits
sion house doing and support by inside
/ interests in properties generally was a
distinctive feature Of the days opera
tons After the initial dealings, fur
ther concessions were made. Sugar
sold of IL per cent and the Gra1gers
and few other shares an extreme /
per cent, while Manhattan exception
ally yielded per cent, to s54 per cent
with a subsequent fractional recovery.
There was no important news bearing
upon values and about the only inter
est aroused by any other price move
ments was the facility with which Man
haitian continued to be depressed. TIE
inference drawn was that insiders were
either short themselves, which does
not appear an unreasonable theory, or
were viewing the enlargement OF the
In "a in ma -u-4sH l.,
cenUcy. with Interior motives In a
sluggish sort of way prices revived IN
the late session, working close TO the
final figures OF Saturday and in a few
instances slight advances were recorded
The closing was steady at slight de-
clE1eS in most cases.
The total sales OF stocks today were
81, 4s3 shares, including: Burlington B.
300; Manhattan II. SOC; St. Paul, is, 200;
silver certificates 10000.
The bond market exhibited a degree
Of firmness at the outset but later sag
ged sharply, failing 10 respond to tn
rally in the stock market as the day
progressed. Gains OF note included
Wabash firstS and St Louis Southwest
ern firsts IL per cent and Hooking Val
ley per cent; East Tennessee consol
fives and Oregon Navigation frsts /
per cent. The declines were Brooklyn
warehouse fives per cent; Northwest
sinking fund f1ves 21a per cent; St Paul
Southwest firsts, do. Southern Minneso-
ia firSts, Laciede Gas fveS and ILL.,
nois Central IL per cent and Atchison
Colorado and Pacific firsts, Austin and
Northwestern fives Southern Pacific
and California consol iveS and Rio
Grande Western firsts 1 per cent The
sales were s45s.co0.
Governments were featureless but
steady on sales of $500
Silver certificates sriffened to 6e1s per
cent on purchases OF $4,000.
LOANS, BONDS AND CLEARNGS
New York, Aug. 3.-Noon- Money on
call easy at per cent; prime mercan-
tile paper SGT per cent; Sterling ex-
change steady with actual business in
bankers bills at $3.50 for demand. and
"a ISL. for sixty days; silver certificates
sd les 50 600 at ss1.; bar silver, 6sSs;
Mexican dollars 535s; government bonds
steady: new fours registered, l13: cou-
pom, I13: fives registered, 10; coupon. ITO
tours registered, 1861; coupon, 1071e;
tyo, registered, e4is; Pacific skies OF
81. 1901.
philadelphia. Aug. 3.-Clearings S.
sol ,s37; balances 81, n7.09o.
Baltimore, Aug. 3.-iearings s2,259,-
go; balances $3.50. III.
St. Louis, Aug. 3.-Ciearings s., 81. es5
balances s652.25 Money sSS per cent
New York exchange % cents discount,
par asked.
Memphis, Aug. 3.-Cearings slso,30e.
New Orleans, Aug. 3.-Ciearings 1896
80