The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-11-17
NOT MUCH is DOING
AND WHAT THERE Is Is ON A DE.
Ginning MARKET.

Asesdy to Encourage u resumption OF
the Upward Movement, Although There
are BuiIish Features In the Days News
Cuban War Scxre-London Figures for
Iittie-Market's Activity Increases To-
ward the Close, Which Is at the Lowest.
New York, Nov 16-Aside from the
fluctuations in one or two Of the special
ties, today's speculation in stocks was a
perfunctory affair, outside interest being
at minimum The course OF prices ap-
peared to indicate that leading profess
sional interests were not yet prepared
to encourage the resumption Of the up
ward movements. Otherwise the excep-
tionaly favorable statement Of our for
eign trade statistics for October and the
ten months of the year would undoubteG-
~ have been made buliiSh test. AS il
was, efforts were again made 10 revamp
the Cuban war scare. The advocates OF
lower prices also protested great concern
over the business prospects OF the grang-
er roads. There was little or no news
calculated to affect prices and the deal
ings, which were lighter than usual, were
indifferently distributed. London was not
much Of a factor beyond moderate sales
OF the international shares. The market
opened irregular at unimportant changes
in the leading stocks but soon developed
reactionary tendency, Sugar and the
grangers being the weak features The
selling of the first named was bby power
full interests and was attributed to a de-
sire to depress the general list quite as
much as that particular stock. Towards
midday a buying movement occurred, IN
which Pacific Mail rose PA per cent.
Later, half of the improvements was lost.
Other low-priced shares also made sub
stantial gains. Subsequently renewed
efforts by the bears and sold-out bulls,
and special drive at Sugar caused
another general decline, the stock in ques
ton dropping 5-S per cent. The mar
ket developed increased activity toward
the close, with prices ruling at the lowest
points.
The total sales Of stocks today were
204,247 shares, including: American To-
bacco, 300; American Sugar. 1000; Bur-
lington and Quincy. 21.0O; Chicago Gas,
300; Louisville and Nashville, $500;
Manhattan, 5.200:Northern Pacific pre-
ferred, 1900; Pacific Mall, II 800; Reading
is, 800; Rock Island, $500; st. Paul. %, 100;
Tennessee Coal and Iron. $500; Western
Union, 1900; Wheeling and Lake Erie, g.
400; Cordage, 43OO.
The bond market displayed reaction
airy tendency in sympathy with stocks,
but the declines We're fractional. Kings
county elevated firsts were notable ex-
ception, rising 9 per cent, to so per cent.
The sales We're S1.709,0 c0.
Governments We're active and firm on
transactions of sos. 600.
FOREIGN STOCK MARKETS.
New York, Nov. 16.-Evening Posts
London financial cablegram:
This was a bland day in the stock
markets although the tendency was good,
except for Americans, which were rather
dull 1t is believed that a reaction is
necessary to Wing in buyers. The deal
ers here are waiting for a confirmation
of the revival of trade in the United
States in the form of increased railway
receipts. Mines were fiat on steady
realiZations in Paris. The feature in the
money marke is the growing possibility
of gold going to India through the dear
ness of money. The rise in exchange to
IS 1-2 pence will probably induce ship
ments. The Paris bourse was dull. The
feature there is the suddeness of heavy
Withdrawals of Russian deposits from
London. 1t is said that the Russian gov
eminent was about to present a large
amount OF notes at the Bank of France
for gold required for coming purposes.
and that the band refused to part with
its gold. Hence the sharp rise in ex-
change on London. The Berlin market
was quiet"
LOANS AND EXCHANGE.
New York, Nov. 16.-Money on call
easy at per cent, mercantile paper 5G6
per cent; sterling exchange weak with
actual business in bankers bills at S4.S5
ala for demand anw s4.S1 1884 for
60 days: bar silver "a rs: Mexican dol
lars 30 5-Sc Government bonds firm:
rev tours registered and coupon. III IL;
tours regular and coupon. 100 1-2: twos
registered, 90; Pacific SKIS Of '97, 101 1-2.
BANK CLEARINGS.
Philadelphia, Pa, Nov. 16.-Clearings
s.. O6S -S74; balances, 81, 421.329.
Baltimore. Md. Nov. 16.-Clearings, 81,
90. 2S7; balances, 1891. 0o3-
ST. Louis. Mo. Nov. 16.-Clearings, 81
737. S37; balances, 1854, 81. Money 61S
per cent. New York exchange 20 cents
premium bid; s1.oo premium asked.
New Orleans, La, Nov. 16.-Clearings,
s.. $50 615.
Memphis, Tenn, Nov. 1s.-Clearings,
S451, go.
GOLD RESERVE
Washington, d. c.. Nov. ls.-The treas
ury today lost S34100 in coin which leave,
the true amount OF the reserve at sl24,5so
751. The net gain in gold today at New
York was $4,000.
GRAIN AND PRODUCE MARKETS