The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-05-29

GeoerAi Conditions Favor the Bears-Raft-
usy Stocks Receive an Uneommon De-
gree of Administrators Offerings tn
Burlington Depressed By the April Ee-
Port-Suszr Breaks Badly on Reported
Decline in the PrOdset-LaeIeds 6as
Drops-RaIIn ~ Bonds Dull and Weak
New York, May SS.-The stock market
was more animated. but at the expense
OF values, the general conditions favor
ing the bears. The railway stocks rc-
ceived more attention than has been
usual recently. The foreign offerings
included St Paul. Louisville and Nash
vile and one or two other 81 the inter-
national group. St. Paul. Burlington
and Louisville and Nashville led u
point OF activity and extent OF decline.
A special depressing influence on Bur
Nnston was the April report showing an
increase in deficit OF $3.50. In the in
dustrials, Sugar broke badly on report
ed declines in the domestic and foreign
grades OF the pOrduct, manipulation BY
insiders being dlscersbl BILE LaClede Gas
=
10 the-company' plant al 81. Louis lbuf
subsequently rallied a point. OIL the
rally the market pressure was exer;ed
against the list. forcing prices 10 the low
est point. Burlington touched az. as
against ISIS per cent. last nights GnAi
sails.
Total sales OF stocks today were 152.-
$50 shares, including the following: SUI
gar. 1880; American Tobacco. $500;
Burlington and and quincy. 1880; Dis
tillers and Cattle Feeding. 4.2c0; Louis
vile and Nashville. 9.301; Manhattan.
3.400; Missouri Pacific. $500; Reading.
$500; Rock Island. $500: St Paul. 1870;
Tennessee Coal and Iron $500; Wheeling
and Lake Erie. ZOO: Southern Railroad
preferred. $500.
Bonds were dull and weak
Governments We're steady on sales OF
500 900 OF new fours sold at 1864.
FOREIGN STOCK MARKETS.
New York. May 2S.-The Evening Post
London cable gram says:
The stock markets We're active and
buOyant today, the features being con-
soils and other gilt-edge stocks and Eng
hsh rails. the last named booming aad
closing at the best Consols were 1855.
Argentine stocks and copper were also
ed. closing dull
The weekly statement OF the Bank OF
England shows the coin and bullion
have decreased $1,000 pounds. although
$4,000 pounds in gold was imported Tor
the week. The decrease is due 10 the
Withdrawals for Scotland, and perhaps
revived trade. The decrease OF nearly
a million pounds in other securities iu-
dlcates repayments by the market OF the
bank OF money borrow a week ago. The
details OF the gold shipments for the
week are l5i, 900 pounds imported from
Australia, 5000 from the continent. Is
600 from the United States and 25. 900
in gold bars bought The Paris and
Berlin markets We're firm.
London, May 2S.-Gold Is quoted at
Buenos Ayres today a 200.s0; Rome,
1885. The amount OF bullion gone into
the Bank Of England on balance today
is 1900 pounds
London, May 2S.-The Bank OF Eng
lands rate OF discount remains IN
changed, at per cent.
LOANS AND CIAEARINGS.
New York, May 2s.-,AIoney on call
easy at 1A42 per cent; last loan "a;
closed ia per cent. Prime mercantile
paper 4d5i1. Sterling exchange steady
with actual business IN bankers bills az
$4SSA9& for demand. and S4S7I&ez.
for sixty days. Posted rates a SSH4sS
and $4S91.G4-9o; ComemrciaI bills s4S7.
Bar silver 6S2s cents. Silver certlnctes
6sAG%.
New York. May 2S-Clearings So
S4,44l; balances 81. 2s4. $50.
Baltimore, Nd, May 2s.-Clearings
S2,577. $50; balances S324.51S.