The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-12-03

Than Ordinarily PromsneCt-OpeDinS
aud Early Operations FAvorsb,v Ia
fuenced From Londrn Midday
| Pressure bv the Besrs Results in De-
c.ines In the General L.st-Bonds Mostly
/ firm and Higher:
New York. Dec. a-The stock market
| today displayed considerable Irregular
| ity but fluctuations, aside fron thu
| high-priced irregularities, which moved
| in quite an erratic fashion, were mainly
within a narrow range. The railways
were less prominent than usua, in the
trading and comparative prices failed to
reveal noteworthy changes as resul.
Of the days operations. The opening was
strong ard higher in sympathy with ca
| hled advices from London of improving
| monetary conditions and higher prices
| for Amer lean securities "a that center
An active arbII-age inquiry was also
noted. The culls were encouraged ny
the appearance of commission house Of
ders which irc;nded some of the gill;
edged class of secc,ities. The continued
| rally was regarded as natural, and there
was create. di.I'a-i-ion to take a mat
ter-of-fac view OF the approaching re-
assemblage Of congress. There were
evidences of poor support, and covering
Of shorts was also feature OF the fore
noon session. The more seasonable wea-
Their was considered a legitimate expla-
nation Of brisk demand for the anthra-
cite coal shares, and New Jersey Gen.
trail was especially prominent. The
changes in the prices of this stock were
marked at intervals, owing TO realiza-
tions on the one hand and also on cover
ing An extreme gain of per cent was
I, flowed by a loss of one-half of the
iDipr, cement. Lackawana rose pa per
cent on the purchase of 200 shares. Con-
solidated Gas. which has been promineI.
in the market os late in connection with
a variety CT ,Igenious, but thus far un-
founded, rlrnorS and reports, fiuctuated
widely and reflected active manipula-
t!cn. The stock left of per cent high
en- revival of gossip regarding the
undou5ted strong financial position OF
the Omaha Company and renewed ru-
rnors uf q favorable dividend on the
common. which are being taken seri-
ous.y in speculative circles. contributed
toward rise of . per cent in that stock
and strengthened the general list The
upward rloCepient around midday and
b. directing considera bic pressure
against tine high priced shares, precipi-
tated declines in the general market.
some stocks receding to below yester-
days finals. Support was noted at in
tervals but the general speculation dur
ing the afternoon was especially feature
less. Sugar was again under pressure
and American Spirits common and pre-
ferred yielded sharply but made par
tial recovery later. Chicago Gas develop
ed aggressive strength in the final deal
ings and closed rs per cent net higher,
the general market closing heavy in
tone. ,-7 sz
The total sales Of stocks today were
176.73o shares. including: American Su-
gar 10000: Burlington and Quincy TO-,
500; Chicago Gas 1880: Louisville and
Nashville 800; Manhattan $500; Omaha
$500; Reading 400; Rock Island 900;
St Paul 20.5o0: Western Union $500;
New Jersey Central 1000. .-.
The bond market ruled firm and high
er for most issues. Rio Grande Western
issues were unusually active and i'm
proved IL per cent. A good foreign de-
riapd was noted for Investment and spe-
cu.ative account and the, bonds of re-
o -aanized propertis were in request
The sales were 81 ,S53, 900.
Governments were feature1ess on
sales of 26,000
FOREIGN STOCK MARKET.
New York, Dec. 2-The Evening
Posts London financial cabIegram says: |
''The stock markets were quiet and If /.
regular today. The chief feature was |
the ris in Americans, which were more !
active than for several days past. AS
cabled TO you on Monday. the buying Of
here in the last two days has |
been of a good kind and today prices |
shot up from the opening. New York |
prices supporting the rise here. The close |
was at the best. Consols were strong. !
7 here was a reaction in Arsenti1es, and |
Uruguays were fat on runors OF revo-
luton. Mines were also nat. II appears |
there is no bottom 20 them. The Paris ,
and Berlin markets were firm"
BANK CLEARINGS.
adelphia-Clearings $14,514,04i bal /
ances s2,113,715.
misunderstanding $4,s42. $50; balan-
ces 1859, 5l2
ST. Louis-Clearings 81, 1853 ess; balan- I
res ss4l.344. Money 6QS per cent. New
York exchange so cents premium bid;
10 cents premium asked.
GOLD RESERVE.
Washington, Dec. To-day state
nent OF the condition of the treasury
shows: Available cash balance $780,
,51 ,09S; gold reserve $13l.51o. 352.
RUBBER DIVIDEND.
New York. Dec. The United States
Rubber company has declared a divi-
lend of per cent on preferred stock.
payable January 10. Action on the divi-
lend on the common stock Was deferred
until October 2S