The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-08-18
ENDING WITH GAINS
CHANGERS AND OTHER LEADERS
ABOUT A POINT BETTER.

Bank Reserve Decrease Fingers ~ IN In
naencs In the Markst-Lover London
Prices asd ssllisg fer the Fsrsign Ae-
coune-Raid on Eanhsttan Prseipitates
Decllae In the General List-sugsr
Leads Rally Toward the CIsss of the
Sessiea-Advanees In Bonds-Sliver
Certificates weak.
New York. Aug. 1.-THE stock mar
ket today was only moderately active
professional So1e irregliarity was
manifested in the earl trading. owing
20 unfayorabie deductions made at 10
the future Of the money market. based
on the decreasing reserves OF the city
hanks. Lower London prices and sell
ing for foreign account were also fac
tors n influencing realizations and sell
ing by traders. The news bsesring upon
the general market was light, but
rallyng tendency soon became evident
and prices moved sharply upward on
the announcement OF further weakness
in the foreign exchange market The
actual figures touched sis5A and Sassy
for long and short bills and in some
sixty days Posted rates were quoted
at s4-SSia. The dearth OF commission
house orders attracted attention The
arbitrage houses SOLD the principal in
lernatsonal stocks but without much
sv-A H.,
haitian followed the publication OF the
quarterly report and preGpir1ted a de-
cline in the general list. Manhattan
broke %. per cent, to 74is per cent, and
considerable heaviness was also ap-
parent N Western Union Metropoli-
tan Traction was more freely traded in
than usual and after an initial rise or
per cent, TO 81 per cent, scored a fur
ther gain % SO per cent. The improve
n,ant in this speciality was aScrsbed 10
the favorable 1rafac returns. The al
ternocn dealings were characterized by
extreme dullness but tgher prices pre-
vailed and with the net changes. as q
tons to the sS.433,o 33 OF city bonds.
rule. substantial gains The slbsc7p-
while N excess Of the offerings. were.
upon more careful inspection. regard
ed as only more moderately satisfactory
81 point OF price. Sugar assumed the
leadership in strength and rose per
cent. TO 1881 per cent Manhattan
Jumped to 7s7s per cent, but lost the
fraction later and gains Of e point or
rloerea bouts were made IN the grangers
and other leading shares. The North
western annual statement, witch was
published after the Close OF business.
made fully as good a showing a. has
been foreShadowed IN the street pre-
viousiy, a surplus, afuer dividends, OF
81. sd, 024, as shown against q deficit OF
s273,590.
The tota, sales OF stock today were
1899 shares, including the following:
American Sugar, 60. 500; Burlington and
Quincy. 7.seo; Chicago Gas. 10, 500: Louis
vile and Nashville. 1000 Manhattan.
1890; Northwest, 1900: Rock Island.
1900; ST Paul, $500; Western Union.
500; silver certificates. 1900.
Trading IN bonds was considerably
restricted, the total footing up only s4sT
600. Strength, however. was displayed
generally. although several OF the in
active high-priced issues declined Sc
verely. The PRINCIPAL advances are:
American Spirits, per cent: New York
Central firsts, 8 per cent; Hooking Val
ley skies. 2ss per cent: St Paul and
Omaha consols, Oregon Navigation 90,
Kansas and Texas A. Louisville and
Nashville IS, Ontario and Western re-
funding As, and Texas and Pacific %,
. per cent; Southern as, 1Ss per cent:
Burlin gtOn, Nebraska division. "a. and
St Louis Southwestern drsts, IL per
cent
Governments were quiet out irregular
on dealings Of 50. $40.
In state bonds 8. 900 Virginia centu-
ries brought So per cent
Silver certificates We're weak and sag
ged IL per cent, TO cox per cent, on
sales OF $4,000.
LOANS. BONDS AND CLEARINGS.
New York, Aug. 17Noon: Money on
call. firrner at per cent; prime mercsa-
tile paper e1sQ12 per cent; sterling ex-
change easier, with actual business IN
bankers bills at s4.s7G4.s7ia for demand
and "a, s5A a4SsA for sixty days: silver
certificates s7l1d ssI.. no sales; bar sill
Yer 81; Mexican dollars 81 cente: gov
ernment bonds easy; new fours regis
tered u2S4; coupon 1oss: fours register
ed iO5; coupon 1851; teos registered 90;
Pacific skies OF go. 100
Philadelphia, Pa, Aug. l7.-Clearings
Sc, 1852; balances s1.l7L2iL
Baltimore, Nd, Aug. 1T.-Cearings
81, SIS. 354; balances 316.3s5.
St Louis. Mo-. Aug. I7.-Clearings
8, eS3, 91s; balances SOS, 3os. Monye "a
s per cent tine and 59s per cent call
New York exchange 80 cents discount
bid; 50 cents asked.
Memphis, Tenn. Aug. 17.-Clea1nss
1896. s24.
New Orleans. Ia. Aug. 17.-Clesrings
ss2I.soo New York exchange. bank
$50 premium: commercial 50 cents dis
count