The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-11-05

Foreign exchange weak: demand San:
Tor sixty days $4-So
St Louis. Nov. 4.-Clearings. 1885, .7s:
balances. $50. So Money cas- per cent.
New York exchange SIS discount bic:
$1-o0 discount asked
FOREIGN STOCK MARKETS
New York. Nov. 4-Evening Posts
London financial cablegrarn.
Snorrers' court this evening presents
an animated scene. such as has no, been
seen Tor years past. and though prices
are closing about s. under the best. deal
ers remain cheerfuiiy confident OF fur
sacr rise 50 FAR az the stock exchange
Is concerned. the result OF the election
in TIE United States Is the biggest SEN
sst.on experienced for long while. Gen.
orally speaking, the opening prices Of all
the markets were the best OF the day.
Dealings N Americans began before >
O'Clock a. NJ Consois touched 10. clos
ing at 100 II. and the other markets a,so
slid away The movements today were
mainly due 10 professional operators.
The money market. while immensely
relieved by the result OF the election. re-
CARDS the matter IN a caimer. broader
and more philosophical light. II has
certainly not made money rates easier.
After interviewing all the leading Eng
iisn and American bankers. the follow
Ing Is the result OF my inquiries:
The Bank OF England appears to b
taking the view thar more gold will go
70 America IN connection with wheat 7
cannot state this as an admission from
them. but you may take II as such.
Following what appears 10 be Lead
from the Bank OF England, bankers are
generally taking the view OF dear
money market for the rest OF the year.
They argue that while the gold IN tho
United states viii come out or boarding.
the revival in speculation viii keep up
interest rates in the United States and
money viii be absorbed In the New
York stock markets. 70 say nothing OF
the possible eject on exchange through
the purchases here OF Americans
Again. IL Is said. although on that
point Information Is vague. that Amers-
can bankers have been holding mass CT
sterling bills which have veto come for
ward here. Against al this. II Is. OF
course. urged that gold may fiow In
favor OF England. as a result OF a smart
revival OF American imports from this
country. On this point i am creiibiy In
formed that orders for goods aggrega.-
ing million sterling have been actually
received from New York today.
The Paris settlement Is passing OF
satisfactorily. although II is recognized
that the position has been dangerously
near panic. The tone Is wcsk there.
The Berlin market was steady"
The Paris. Berlin, Vienna and Frank
fort stock exchanges were IN excellent
tone and active today In consequence OF
the result OF the election in the United
States. and the dealings In American Sc
curities showed advances
London. Nov. 4.-Consols fo- money
lOsik. for the account 100 sis, Canadian
Pacific 60A. Erie 1875, Erie firsts prefer
red 50. Illinois Central Ssis, Mexican c.
binary q. 81. Paul common so. New York
Central 100. Pennsylvania Is. Reading Is. .
Southern is. Mexican Central new fours
10i. bar silver % i5-id per ounce. money
5 per cent The rate OF discount In tho
open market for short and three months
bills 3n per cent. Bar gold Is quoted at
as i0Ad. Gold Is quoted al Ruenos
Ayres today at $50 SO. Madrid - 3. Lis
bon q. Rome los So
Paris. Nov. 4-Three per cent rentos
lo2f 55s for the account Exchange on
London 6f 1slsc for checks.
Berlin. Nov. 4.-Exchsnge on London
eight days sight 20 marks IS pfennigS.
GOLD RESERVE
Washington. Nov. f.-The Treasury to-
day lost tf7 900 tn gold coin and st4. 700
N jewelers. bars. The net gain at New
York however was 81. $50. 800. This leave.
the reserve Sill. ls7.19 Large gains 4,
gold are indicated at Boston and Other
pointA