The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-05-27
STOPPED AT TINES
SHARE DEALINGS LIMITED AND
FLUCTUATIONS NARROW.
Americans in London, After the Holidays.
On DECLINING Trend-Europe on Both
Sides of the Local Exchange. Bnt
Mostly to Seli-News OF the Day Con-
fined to Crop Reports, Railroad Earn
ings and the Easier Tendency In Money
Rates-sugar and Manhattan Conspieu-
ous-CIoss at Declinss-Bonds.

New York, May 26.-The speculation
today upon the stock exchange was pro-
fessional in the extreme and. even at
that, the dealings were on a more lin
tied scale than for some time past and
the fluctuations in nearly every instance
narrow. AT intervals the trading came
to an actual standstill- Business in
Americans in London, after the holi-
days, was on a declining trend, the for
eign dealings being sy1npat hetically In
fluenced by the change in the sDecala-
tive temper yesterday from the firm
tone that had characterized the late
weak markets. On the local exchange
the operations for Europe account We're
on both sides OF the market with most
of the orders however. 10 sell There
was a dearth OF news bearing generally
upon prices. excepting a few crop re-
ports, and railroad earnings and
slightly easier tendency IN money rates.
This last development was largely due
to the apathy in the stock market. The
earnings were mainly favorable but no
stress was made upon an item OF de-
cidedly encouraging character; namely,
an increasing movement OF corn Yes
were on a much larger scale than dur
ing the previous week although ship
ments still show a considerable falling
of as compared with this time last
year. The specialties were again the
points of chief intersst. with Sugar and
Manhattan the most conspicuous for ir-
regularity Of movement. The first move
ment in the stock was relatively active
and its course was clearly the result or
manipulation by inside interests. 1t
scored a fractional decline early and
subsequently worked in an errauc
fashion, but displayed an upward ten
dency in the late dealings. The closing
was at net gain OF Us per cent. Man
haitian showed some firmness at the
outset, scoring a fractional advance, but
soon sagged of and touched its lowest
point, 125s per cent, about p. m Cow
ering purchases resulted in an eventual
rally 10 104 per cent. Consolidated Gas
was a weak feature, declining pa per
cent, 1854 per cent on liquidation OF
speculative holdings. Leather preferred
eased off q per cent over the postpone
ment until next week Of consideration
OF the dividend question, owing TO the
failure OF the directors to secure a quo
rum for a meeting today. Most OF the
loss was recovered later on covering, in
duced by reports OF improvement in the
leather trade. New Jersey Central IL
logically rose TO LOG per cent In the face
of a decline OF SO, S34 In the net earnings
for April The other anthracite coalerS
also displayed flrmnsss- Some OF the
high priced investment shares were in
demand, contrary TO the drift of the
general list New Hampshire and H.
rose to IT'S per cent and Cleveland. Pitts
burg and Fort Wayne were both in de-
n1and OF 1853 per cent The market was
steadier in the late dealings. The net
results are slight fractional declines in
most cases
The bond market was dull. but firm
in tone. with the exception OF Irregular
ity in some of the speculative issues and
decided weakness in Atchison adjust
nnents and ST Louis and San Francisco
fours The sales were S746, 900.
Quotations for the new government
fours were shaded slightly. both the 9TH
or Issues holding steady On transactions
OF $4,000.