The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-03-27

New York, March 26.-Speculation In
stocks was again today restricted. the
total dealings showing only an insignifi-
total. Prices moved irregularly and
at the volition OF the scalpers. OF COM
mission house opera tons, tire was not
a trace The Industrial shares were
attempted to be galvanized by the usual
conflicting rumors and suggestions but
even then they Jagged unresponsive 10
the ordinarily effective manipulation.
At the same time an undertone OF more
strength, chiefly due 10 the covering OF
short contracts, was apparent, despite
sales at intervals TO take profits and
the putting out OF new lines OF shorts.
The early dealings were on very mod
crate scale but the market was favor
ably affected by higher prices for the
| American securities in London, where
| the fortnightly settlement was in pro-
sress. The improvements, as rule,
however. were confined to fractions and
reactionary tendency developed later
| in the day. Decided strength was not
| ed in a few OF the usually inactive
| shares, Consolidated Gas being most
| prominent at a rise of 2 per cent. Chi
csgo Gas receded fractionally at the
outset. but subsequently, developed firm
ness and rose IL per cent. to SS1s per
cent. The stock was the leader Of the
! entire market in activity with the mod
/ est total OF 5000 shares. The buying
vas attributed to insiders who have re-
| Gently been steady purchasers. The
street assumed that the advanced Is
| based upon a more conciliatory attitude
| by Attorney General Maloney. but Chi
| cago dispatches We're received, quoting
| that official as saying that the impedi-
ments toward the declaration OF d.
vidend were a great as ever. OF course
4 no one expects consistency on traders
market. There was renewed weakness.
| though the dealings were very moderate
/ in the Susquehanna and Western shares
, No new arguments against the property
were introduced, however. AS has
been noted on the subject in these dis
patches, the smaller anthracite coal pro-
perties have been handicapped ever
since the present rigorous restriction OF
production has been operative, in that
| they cannot, as formerly, rush coal 10
market regardless of price. in order 10
meet interest and other requirements.
Todays unfavorable report regarding
! the Susquehanna ELECTED fresh official
! denials. The common stock lost a
point, and the preferred pa per cent, the
| latter subsequently recovering IL per
cent on the official announcement tina.
the payment of the April interest was
assured. Some surprise was expressed
over the non-rehection in prices of ar
advance in actual rates OF sterling ex'
| change in the forenoon 10 a point en-
couraging speculation as TO probable
revival in gold exports within the neX'
| two weeks. An advance of L cent II
the posted quota tons for long and shor'
sterling announced by leading drawer
| had, however. a depressing effect in the
| late operations. A general shading II
prices occurred which impaired an east
er tone TO the closing. In most case:
the leading shares left off without note
worthy change
The total sales of stocks today wer,
11S.194 shares, including: American To
bacco, 5000; American Sugar, 1920
Burlington, 10,600; Chicago Gas. 16, 100
General Electric. 1900; Louisville ant
Nashville. $500; Northern Pacific pre-
ferred. 3. 400: New York s & W preferred
1000: Reading, 3.4o0; Rock Island. 5000
ST. Paul, $500; Tennessee Coal and Iron
800.
Railway bonds were firm on dealing'
Of SIT. 900. The advance ranged from
II to per cent, the last in st. LOui!
and San Francisco consOl fOurs. Susque
hanna and eWstern general fves solC
down Al per cent.
Governments were slightly lower OF
transactions Of $175, 900.