The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-10-14
1T CHANGES ROUND.
SPECULATIVE SENTIMENT VEERS
TO THE BULL SIDE.


Where Ciiques are Busie.t-BuIl Factors
Include the Easy London FortnIsh.ly
Settlement and Higher Americans, Ad-
vsDces i'm Cereals and the Greater Conf
dence In the Commercial World Gen.
eraiiy-Close strong at Net Gains.
New York. Oct. 13.-Specuiative sen.i-
u1elt went around 70 the bull side to-
day. Tie volume OF business. now
ever. was not particularly large or tie
distribution OF the dealings improved
Activity again conferred in few OF the
strongly-cliqued sssares. with Tobacco
the star performer On manipulation
against the shorts. News Of the com
plexion CT the fortnightly settlements
on the London stock exchange without
friction was coupled, previous 10 the 10
cal opening, with cSoled advices Of
higher prices for American securities
Reports OF greater confidence as 10 the
general business and financial outlook
and Of a further sharp advance in nhe
prices OF our cereals and other food pro
ducts, together with a continued in
creaslns export inquiry. exerted strong
INFLUENCE in shaping prices. Nsverthe-
less, buying other than by professionals
was the exception Announcement was
also made OF a further engagement Of
about Ssoe, 600 in gold for import TO this
country. although experts said that ai-
vance yesterday 10 rs per cent in the
London discount rate preciuded imports
on regular exchange basis at above
S4.SSas for active demand sterling. The
exchange market was slightly easier to-
day, actual demand being offered in
some Instances at si.Si net. Bankers
generally are not disposed 10 put out
time money for orEler than periods OF
nine months and beyond one year, while
borrowers are more concerned regard
ing short time accommodations. There
IS some Comment over the extremely
light return flow OF funds TO this city
that was forwarded earlier for crop
moving purposes Commercial paper OF
the very best quality - in increased
supply at s per cent, with a very Light
demand improvements in the forenoon
snare prices were very pronounced. To-
balcco was moved up an extreme 52.
per cent, 10 T514 per cent The rise was
attributed to operations against be
lated snort interests. Other advances
in the indaIsTiaLs extended 10 rs per
cent in Chicago Gas and in the less ac-
tive group 20 liz per cent. In the rail-
ways the gains ranged up TO IL per
cent in Rock Island. Profit taking
around l O'Clock caused a setback. IN
which Sugar and Manhattan were the
chief sufferers. The decline was OF brief
duration and renewed strength develop
ed generally, In the final hour the best
<rsl-..-- $500 - IN
gains among the usually inactive shares
were notable, including ST. Paul prefer
red. which sold at 124 per cent, and
Rubber preferred. at ss1a per cent, as
compared with respective closing BIRDS
yesterday OF 120 and 63 per cent The
closing was strong at the best figures
and showing net gains of las per cent
The total sales OF stocks today were
i7,5SS saTes, including: American To-
racco Is. 900; American Sugar 43, 400;
Burlington 1880; Chicago Gas 100;
Louisville and Nashville $500; Marshat-
tan consolidated 500: Reading $500;
Rock Island 5000; St. Paul 32,10o
Governments were quiet but higher
on purchases Of SIS, 900.
FOREIGN STOCK MARKETS.
New York, Oct 13.-Evening Posts
London cabiegrarii:
The stock market opened dull today
and then rallied generally and consider
ably on lighter contangoes as an effect
OF an easier arrangement Of the settle
ment than had been booked for The
continue until near the
dose, when there was slight reaction
on further heavy gold exports, indicat-
ing a strong probability of rise in The
rank rate The general belief here is
that gold viii return from America az
ter the election Americans were good
from start TO finish There was a sub
Stantial recovery n other markets also.
Brazil being the principal feature. The
PARIS bourSe was much better on the
rise IN London The future OF the
bourse there mainly depends on Spanish
finance 1t Is hoped there that no fur
Their Russian loan may be issued lust
yet The Berlin market was steadier.
London Oct 13.-Consols for money
los -; for the account 109; Canadian Pa
cifbc eSA Erie IA; Erie seconds 80: H.
nols Central 81; Mexican ordinary 20.
St Paul COMMON NJ: New York Cen
iral 80: Pennsylvania 63i4: Reading lIz:
Mexican Central new fours ssZ. Bar
silver 2ss4d per ounce. Money iGIK
per cent The rate OF discount in the
open market for short bills 2IzG2. ger
'ent; for three months bills 2Ia per cent.
Gold is quoted at Busnns Ayres today
~ 1875; Madrid as.25; Lisbon 80; Rome |
1905 Amount Of bullion withdrawn |
from the Bank OF England on balance
today $4,000 pounds.
Paris, Oct I3.-Tnree per cent rente= |
I01 francs Is confines for the eccount: /
exchange on London - francs Is CEN |
times for CHECKS.
Berlin. Oct 13-EIchange on London |
.igat days sight 20 marks S41s prennigS
LOANS AND EXCHANGE.
New York, Got i3.-Morey on can /
irm at 5Qs per cent: last Eoan 5 per
,ent: closed 54s per cent Prime me--
canrfe paper nonEDany 1is4sz per
.snt Sterling exchange easier with act
ial business N bankers bills at s4ss
or demand and s4sIisG4s2 fo- sixty
lays; posted rates s4s264 s3-l and
4. s4iz G4ss. Commercial bills - 60 Bar
'iivec s4I- Silver certificates s4iz4
A.
BANK CLEARINGS.
New York. Oc-- i3.-Bank clearirgs
100. SO. 80; balances 1886. 2e5.
Boston, Oct I3.-CIearings SIS rs, f2T:
,at1ces 3. s1e.7sI
Pa4aielpd5a- Oct i3.-Cearsngs So
s.. $50; balances .l.59s.1s2
Baltimore. Oct l3-CIea-.ags g 5ss,-
L; balances ss37. 3is.
st. Louis, Oct i3.-Ctssr.ngs 81 49,
e0s: balances S0e1s7- 3foney sds Per
eu- New York exchange Ks dis
cunt bid; 100 discount asked
DOMESTIC GOLD MOVEMENT.
New York. Oct IAN hsc-zssed d.
band for cash gold II reported BY bull
n dealers x<cooor a pe-c-J4ble change
: the p-rr<u-n from yesterday. Lots
Z from 800 20 $1,000 are beng pur-
based FOR toe account q Individuals