The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-07-07

Possibly Better Thing Than kafars-
No Gold Engaged for Today, and That
Is Another COnsoIing Thought-Grsn-
gers Prominent in che Afternoon Deal
iRss-Close str0ns 1t Fractional G<iss-
Railway Bocds Dull and Ezsv.
New York July s-Higher prices FOR
American stocks N the London markets
and the moderate purchases for foreign
account AT the outset exerted strength
ening influence upon the local market a.
the opening. The improvements tina.
occurred were OF liberal patrons. how
ever. and the dullness set quickly IN.
In TIE downward movement which -
suited Chicago Gas broke q. per cent.
10 30 per cent on the uncovering Of stop
orders Rock Island declined IL PER
cent. Manhattan and General Electric
IL per cent and 81. Paul per cent a.
the expiration OF the first hour the bes.
tone became prevalent on continued
buying for foreign account and cover
ing induced by the announcement that
no gold would be shipped tomorrow. An
easier tendency in exchange rates and
the pubhcac ton OF q number OF fairly
satisfactory traffic returns for the
mouths OF May and June sxerted
steadying influence and rallies occur
red from the low points. the most i'm
poreant Of which were in sugar. Man
haitian, Chicago and Burlington. Cow
ering Of shorts also figured in The i'm
provements- The course OF speculation
appeared 10 hinge entirely upon the Cd
= aFc--- - =.
without their support, this market ap-
parenrly would have displayed a sag
ging movement. The market contin-
ued dull but steady without important
change until the aarly afternoon. when
values stiffened slightly I'll around. with
the Srangers most prominent In the
mai hour fairly animated market was
noted. The action being based upoa ma
nIpuIatton and the recovering OF short
contracts The movement carried prices
20 the highest points OF the day- The
closing was strong al fractional gains
generally
The total sales OF stocks today were
1925 shares, including: American
Tobacco, 1900; sugar. IS. 200: Burlington
1900; chicago Gas. i, 500; DiStilliug and
Cattle Feeding. Is. 900: General Electric
1900; Louisville and Nashville. / 800.
Rock Island. $500; St Paul, 8. 200; Wes-
tern Union, $500.
Railway bonds were dull with an easy
tendency the greater part OF the dav.
Toward the close there was a general
Improvement and Missouri Kansas and
Txeas seconds jumped per cent, to 50
per cent The sales were $500. 600.
Governments were fairly active. with
concessions in prices on sales OF $4,000
Silver certificates moved up 4 per
cent, 10 6S1< per cent on dealings Of 500.
0OO
FOREIGN STOCK MARKETS.
New York. July 6.-Evening POSTS
financial cablegram The stock markets
were exceedingly quiet today. the heat
oeing very great The recent buying
OF Americans IS said TO have been for
the account Of certain African fnsn-
GERS who profess TO see IN them 2. bet-
Ter prospect OF making money than in
hafflrs- Today the market was feature
Less- new issue OF the 5 per cent
deosntures Of the chartered company
LOT 100000 pounds is reported to have
oeen unoerwritten at 951z per cent. The
ChlIfan loan, OF which cabled You on
trlddy last Is announced tonight. The
particulars are then stated.
The Berlin market was also ouia+ and
firm.
LOANS AND CLEARINGS.
New York, July 6.-Money on call easv
al 1eG2 per cent. Last loan u Der cent
closed 4 per cent. Prime nercantile
paper 4G51z per cent. Sterling exchange
weak and lower. with actual business an
bankers bills at s4S7s. d4sS for demand
and Ass7sG4s7 for so days. CONNER
cial bills S4s6g4ss1<. Silver certificates
6Sd6SA per cent
Boston, July 6.-Clea rings. sf7,66S. Is7.
balances. s.. So, 500.
New York. July 5.-CIearings, BE-
s75.21o;balances. 80 $50. SIS.
Philadelphia, July s-ClearlnEs. 81
se2,764; balances. s1.771. 600
Baltimore. July 6.-Clearings. g. 500
215: balances. $50, s13.
Chicago. July 6.-ClAariugs. SIS. ss4. 7s7:
Money OF call 5Gs per CEN New York
exchange at par. Foreign exchange
barely steady; demand S4ssH4sSL.
AMOUNT OF THE GOLD RESERVE.
Washington. July s.-Today's state
ments OF the treass-y SHOWS: Available
cash balances. $50. 434. seq; gold reserve,
s1e1. 80, 40