The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-12-09
FEELING is BEARISH
NET ORANGES IN sHABE VALUES
GENERALLY LOsSEs,

u!ation and Range Narrow-Holders Not
Inciined to Part with Their Property
Western Union Dividend News steadiss
the Markst-Amer;caa Spirits and thu
Gas Properties Sterling Exchange Low
er-Amsricans lower In London.
New York, Dec. S.-The stock market
today was 20 considerable extent per-
functionory. Dealings were materially
lighter than for long time past, while
inclined to the bear side, displayed a
vacillating temper. The result was a
poorly distributed and irregular specula-
ton. within a narrow range. Dealings
for foreign account, while moderate in
volume. were mainly for the long ac-
count. the presidential message apparent
ly being favorably received in London.
The local traders. however. made theii
usual attacks upon the specialties for ef-
feet upon prices generally. The result
achieved. however, barely justified even
the moderate energy expended, owing 70
the continued dissemination OF holders
Of stocks TO part with their property.
Prices soon rallied. after early declines,
but the market, while exceptionally dull.
again became heavy and unsettled n
tone. a drive was made az Chicago Gas
causing decline OF rs per cent in stock.
The general market was sympatheticaiiy
affected TO a fractional extent. Sugar
VAS depressed slightly on favorable
trade advices and predictions OF inn
pending hostile legislation. At the low
points some covering purchases and
moderate buying for the long account
were noted, in connection with an easier
market for foreign exchange. Actual
sterling figures were reduced slightly
and posted quotations were lowered y
cent by one prominent drawer. The mar
ket bordered on actual stagnation after
the first hour and the range OF fiuctua-
tons was Insignificant in most instances.
aside from Lake Shore, which rose per
cent on light transactions Consolidated
Gas was particularly heavy and yielded
2H per cent, TO 15S per cent, rally sub
sequently 10 159 per cent. The declar-
alton of the usual quarterly dividend or
1,s per cent on manhattan and the recon-
mendation CO the Western Union execu-
tive committee OF the regular disburse-
men. tomorrow by the full board failed
TO cuctably affect the prices of the re-
spective stocks beyond a slight fraction.
but exerted a steady influence upon the
genera, list. American Spirits preferred
fell liz per cent on reported hitch in
the effort now making in Chicago toward
an agreement between the leading inter-
ests in the tra de. A light rally followed
the publication OF denial of the rumor.
ST. Paul and Omaha common made fur
Their rise of liz per cent, to 1885 per cent,
on the alleged prospect of the declara-
ton of dividend. The close was steady
with the net changes generally losses
The total sales of stocks today were
123,77S shares, including: Consolidated
Gas 500: American Sugar 20.60O; Bur-
lington and Quincy 1900: Chicago Gas
500; Louisville and Nashville 1900;
Manhattan $500; Omaha 300; Reading
$500; ST. Paul 13. 900; Union Pacific $500;
Western Union $500.
The railway bond market exhibited ir-
regula rity. especially in the usually neg
lected issues. which are widely dealt in.
but the trend OF prices was downward.
The losses in the active bonds were un-
important. The sales were s1.445.0oo.
WESTERN UNION DIVIDEND.
New York, Dec. S.-The executive
committee of the Western Union Tee
graph company has recommended the
per cent by the full board of directors at
tomorrow's meeting.
FOREIGN STOCK MARKETS.
New York, Dec. S.-The Evening
Posts London financial cablegram says:
President Cleveland's message is IA
vorab regarded here. but following the
distinct lead Of the New York markets
Americans were lower today. There was
no pressure to sell here and the close
was above the lowest. other markets
were idle and depressed before the gen.
erai settlement, which will commence to-
morrow The last account in the year
is usually dull and featureless. Consols
u lower. There is renewal of the talk
of gold exports to Germany. Home rails
were fat because of labor troubles.
Mines were steady. The settlement
shows a bear account in places he
Bank of Bengal's rate is up per cent.
The Indian government is expected 10
raise a sterling loan here or issue trea-
sury bills early next year. The Paris
and Berlin markets were weaker"
London, Dec. s.-Bar gold is quoted at
rs 11Ld Gold is quoted at Beunos
Ayres today al 1880; Lisbon 3sis; Rome
1e4.52 1-2.
Paris, Dec. s-Three per cent rentes
102 francs 95 centimes for the account;
exchange on London - francs q CEN
times for checks.
Berlin, Dec. S.--Exchange on London
eight days sight 20 marks 80 IL pfennigs.
LOANS AND EXCHANGE
New York, Dec. s.-Noon: Money on
cal easy at 1-2G2 per cent: prime mer-
camille paper 1-2d5 per cent: sterling
exchange lower with actual business in
bankers bills al $4.ss 1-244ss "a for de-
mand and S4s3 1-464s3 1-2 for sixty
days. Silver certificates 90 1-sas5 IA
No sales. Bar silver % is. Mexican
dollars 50 SIS.
BANK CLEARINGS.
New York. Dec. s.-Clearings sl14.912,-
sos; balances ss.7ee.47s.
Boston-Clearings $ls,17i, 102; balances
81, oss. 49,
Phiiade,phia-Cyearings s1o,ssl.525; bal
ances s1.043.1s2.
Baltimore Clearings s2.ssl. $50: balan-
ces seq. $50.
Chicago-C1earings si5.2s3.713. Money
steady at sd7 per cent New York ex-
change so cents premium. Foreign ex-
change demand 1876 IL: sixty days s4s3
81
ST. Louis-Clearings s4.ss4.e21; bslsnc-
es 4s5. sos. Money eds per cent New
York exchange IS cents premium bid: IS
cents premium asked
GOLD RESERVE
Washington. Dec. s.-Todsy's state
ment OF the condition OF the treasury
shows: Available cash balance sZos.Zl2.
ess, gold reserve 49,. sss.4 1i-
OATS LIST or FAILURES
Department Store and Long
Island City Contractors Ineiuded-
Z.