The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-09-19


stock market today improved on the
record Of Friday in point Of activity,
but no increase in outside interest in
the speculation was discernable The
motive power was furnished by a few
operators, one OF whom has been long
associoted with the Could properties,
A firm tone prevailed owing to the well
defined prospect of )continued heavy
imports Of gold to this country The
improvement was chiefly due TO the
covering Of short contracts, aside from
effective manipulations in some Of the
Industrials. There was little or No
news bearing upon the market except
ing further arrival of about 1900, 900
in gold, bringing the grand total OF
arrivals since the movement began 10
SIG, az, $50. The dealings were indifer-
emily distributed, four stocks mOnopo-
lizing the bulk of the trading. The
opening was dull, but firm, with prices
showing but little change. Animation
soon developed, however, and subStan-
tial gains were made on liberal purchas-
ing orders, the IndustrialS being mos-
PR min-nt. The ma ker ralapsed into
dullnesS after the first hour and prices
yielded fractionally on realizing. Man
haitian was foremost in the reaction
About l o'clock the insiders in Sugar
We're heard from on heavy dealings the
stock was marked up 20 1875 per cent.
The general market was Systematically
affected. Foreign dealings included Of
feringS of st. Paul and Louisville and
Nashville, sales of the last named be-
ing induced by the heavy decrease in
the earnings of the southern lines for
the second week. The advances in the
general list at the high level extended
to 2h per cent in Sugar, a number of
less material gains being noted. The
improvement was checked in the last
hour by realizing sales. Manhattan
and Burlington reacted a point and
fractional declines occurred in other
shares. The closing was heavy at slight
general net gains.
The total sales Of stocks today were
172,13O shares, including: American
Tobacco, 5000; American Sugar. $1,000;
Burlington and Quincy, 1880; Chicago
Gas, 1900; General Electric, $500; Man
haitian, 1890; Reading. 1900; Rock
Island, 1890; st. Paul, &c, 400; Wheeling
and Lake Erie. 1900.
Railroad bonds were quiet but de-
cidedly strong for the active issues,
gains Of point or thereabouts being
generally established. The sales were
$500, 600
Governments were moderately active
and Slightly higher on sales of $4,000.
FOREIGN STOCK MARKETS.
New York. Sept. 1S.-Evening Posts
London cablegram says:
Notwithstanding some uneasiness
over politics. the stock markets tended
upward today, on the whole. Consols
opened at 1895 and closed without
change. The other markets were a
trifle better Kaffirs and other mines
were a trifle better, but neglected.
Americans opened dull and a half dollar
under the parity, but soon rallied and
became distinctly firm, the market clos
ing at the best Today's influx Of gold
had no effect because it was anticipat-
ed. 1t is believed that, although a con-
siderable amount of gold may yet go
to America, individual shipments will
be small. The American line steamer
ST. Paul, to sail tomorrow, will take
1900 pounds. The Paris and Berlin
markets were steady.
London. Sept 1S.-C1osing consols for
money 1925; for the account 10; Cana
dian Pacific 591s: Erie 1873; Erie firsts
preferred 291h; Illinois Central 911a;
Mexican ordinary 591a; st. Paul COM
mon 725s; New York Central SO; Penn
sylvani8 522.; Reading SIS; Mexican
Central new fours ssh. Bar silver 307s
d per ounce; money S4G1 per cent. The
rate Of discount in the open market for
short bills 1A61 1916; three months
bills / 13-16G17s.
Gold is quoted at Buenos Ayres 1s3;
Madrid 1925; Lisbon 3012; Rome 1920.
Amount of bullion withdrawn from the
Bank Of England on balance to 329, 600
pounds.
Paris, Sept. 1S.-'Three per cent rentes
102 francs s centimes for the account;
exchange on London % francs 1919 cen-
times for three days.
Berlin, Sept. 1S.-Exchanga on London
S days sight 20 marks 3S1a pfennigs.
THE GOLD MOVEMENT.
London. Sept. ls.-The sum Il 800, 900
pounds of gold, OF which $4,000 was in
United States coin and 4.GeO n bar
gold. was withdrawn from the Bank of
England today. OF the total amour
215. 900 pounds was for Egypt and $4,000
for Rio de Jenelro.
New York, Sept 1S.-There has been
deposited at the sub-treasury $4,000 IN
gold IN exhcange for green backs The
steamship Columbia from Southampton
brought ss.o50.oo0 in gold. making the
total arrivals thus far 27.774,000.
THE GOLD RESERVE.
washington. Sept. 1S.-Today's state
nent of the condition oc the treasury
shows available cash balance s24S, 49,
CO.,; gold reserve s115, 1886, 21e.
LOANS AND CLEARINGS.
New York. Sept. 1s.-Money on call
firm at sac per cent; last loan 3 Per
cent: closed sfsk per cent. Prime rne7-
camille paper nominaIy 7T9 per cant
Sterling exchange steady with actual
business in bankers bills at s4.S3& n
4SI for demand and 81 S3i. SIS for 50
DAYS Posted rates s4.S2G4S3ii and
4iST4S5I Commercial bills 81 so.
Bar silver s57s. Silver certificates s5Is
Gs6is.
New York, Sept 1s-Bank clea-ngs,
s7s. ~. SIS; balances, s4.s1s.si5
Boston. Mass, Sept 1S.-Csa1ngs,
81. 44o7SS and s.4ss.45S.
Philadelphia, Sept 1S.--ClearngS 81
9s1 .sls: balances S1.5c4. Esq.
Baltimore, Sept 1s.---CIearings s917a-
6ol: balances so52.11s-
Chicago, Sept. 1S-Cearings 81. oss.-
So Money firm: On call ea7 Per cent;
on time per cent New York exchange
81. 90 discount: foreign exchange ~---@v::
demand SASSY; sixty days sisins-
81. Louis No. Sept lS--Clea-ine
e. se11S; balances sS15. S. Money 5as
per cent New York exchange SL5o Dis
coun, bid: Is asked
REVIEW OF THE WEEK.
New York Sept 1s.--Bradstreet's -
view OF the New York stock market TO
rrsr-r,pT viii say: