The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-07-19

Dos Net Amount to Nach-Bassssss
Moderaso-sng.ra and St Paul she Lead
ers-ciose L. weak at the Lowest. at De-
eiines Of Oae-nAif to Two Per Cent?
Keview of the Week.
New York. July 1S.-The stock mar
kee today was q purely professional az
fair The tone was weak and feverish
and after monetary spurts at the OPP
ening and at the end OF the first hour.
! prices steadily recedsd 10 the close
London was not a factor to any appreei-
able extent and the feeble rallies were
entirely due TO covering by the shorts
The volume @ business was noderasc.
with Sugar and ST. Paul leading IN
point OF activity. The other shares
recorded very slim totals. with the ex-
ceptfon OF Burlington and Tobacco
There was no news bearing on p~ic~~
aside from the further cutting OF raii-
road rates at various points
The opening was strong and fraction
ally higher with the International shares
responding fntifferent,y 20 improve
uen< IN me London quotations. A
selling movement soon developed and
the active stocks sold on. -. Paul
and the industriais were also under
pressure by me traders. slight rally
occurred before noon. which was quick
~ followed by renewed bear activity
and decline ensued which continued
TO The Close. Lake Shore broke Ia per
cent. Tobacco IL per cent. Missouri
Pacific and Tennessee Goal Z per cent.
and fractional losses were recorded in
the other shares The MARKET let or
weak at the lowest. prices showing
net declines Of IsGleper cent The IN
fiuence Bearing upon prices included
apprehensions Of Mt. Vanderbilt. which
was improved 20 tho fullest possible
extent by the bears. not only upon the
Vanderoilts but ON the market in gen
ersl. The exports OF gold aggregatci
So. 1880 In addition, the bears made
capital out OF the extreme depression
in the prices OF farm products the dull
ness OF general business and wholesale
cutting OF railroad rates IN various "a
rectionsl
The total safes OF stocks today were
1878 shares. including the following:
American Tobacco $500: Atchison and
Santa Fe 1900: American Sugar 3Do.
Burlington s.Too: Chicago Gas <Se0:
Louisville and Nashville s. 700: Missouri
Pacific 400: Rock Island 1900: 81 Paul
10. 400.
London was alternately buyer and
seller during the week. but on rhe whole
exhibited less apprehension over the
situation than the local investors and
speculators. The gold exports in real
ity fen several million doilars short
OF the bear estimates. bur. the ooFa,inuetf
strength Of the exchange market was
70 D..
rents early next week An ADVANCE
or a cert in posted quotations OF .stet,-
ling exchange 10 81 sSIzes4 Ssis was gen.
crafty made by heading drawers and
actual rates rose 10 siS9 for demand
and s4sssfi-sS1s for sixty day bills.
The market closed firm az the ot,6,.u
lions noted. IAN extreme decline 81 ID
per cent IN the government fours con-
pom exertcd a d>cidedly unSet<ssng in
fiuence This report served tefrporar,-
~ TO raEy the market. The bonds iprt
OF a't llS per cent as compared with IIs
Per cent a week ego The decline. ts
prices covering the ENTIRE market rag
ed from 10 per cert. the loyrrssf ley.l
being reached on Thursday fonsnoon.
In the later deaiinsrS a rVcovery q 20
per cent occurred but the closing xe,s
only shade above the lowest q th,
week. Among me more noteworthy
losses are: Now JrTpey centras end
Consolidated ~ per cent. Brosrkfyr (;<Is
and Rock lssnd Z PER ont. Drsaxslre
and Hudson sh per ceut. Northxeete4Sin
end Chicago Gas Ga pr cenS. I1acscs-
wanna s5t per Ont, burlington and So
gar sh pr cent, Tosacco PER eesrt.
81 Aasn ~ per ccut. kfSssourf Pacific
IA Per cent. General Electric per cent,
Louisville anf Sa@hvfil. % per cent.
~ s<~ks
gate safes were ] .7os, 100 ehalea
RAILROAD bonds during me sresAr srvr,-
pGthized with tie istosfx rnov~srsnt.
The sa1rs were b5i7.eoo III. rrr-e
rsocsxUrfhy oct ,o-~- a-e fn C-,l,ar,
and Northern Iiacf1c nr-sts crrrfn~atsx
eh PR cent: Abslfspn Adjustments ~
Per ccnt. Atchisor gr-erul forITs prr
cent: Northern Pacific consol 1yx-s Co.,
tincstrs 81 per cent: Southern railway
fvr~. 5iz pser c--nt and Reading fir~ts
~ per ont TIE Other deat.nSrs VIZ,
material
CoyeTnry-nt borT1s were unusually &C
tive and were irrexulsrly wax. tn.
szies eggrxafer $3.50. 900. chiefly OF no
new foIrs coupon. Those bonds psi9
down TO ilZs< per cent as compared VITA
Ils pcr cent. tiss finas sale Of the prev
Sous week. rallied 20 11sS per cent anA
closed at ~ pr cent Then was
moderate trzdsns IA the fYss and old
toisTz registered
sfiF-r certificates lfhs aggregate
sales wsre $500 ~ ssas3 pr ceg;.
BASY SrATTarESTS
New York. July fs-Ths New York
Finsrster -aTs. The loans 81 the New
YORK taoks. v11fis not a. The highest
point of o. var. are gsiii az %. 600 kss
than ~ .rfs time iaTT year tus " IL "a,
BE- u0t-f tfrlt Tire increxzss fast year ia
rot cU!un<zte trz-1l i<as IN September.
when en- f1sc-.z<se o. rs.Ss0.Soo vns
rsaf>. Z tails y~ar rpTrsfs the erperf-
rslcs oe last sresuu, TIRE frrrrens q ths
svTn~y rrrsrt~e .wr1ff e-eTE asKsxN1-
ss-c> TAX 81 enosher bond tesoe - PIP
uia~, ~ rrsssrot be well 20 call ALTERATION
% tbs <sc: ffraf % re millions that
hava b-en -zksn from IN. treasury
stncs fe5ra@ry {. Ets.s. ~ sry. - the
aruOz-t has focnd fts way into %~w
York banks fhefr total sy,ecs~ hsstfnxs
81 pr-~exF. besng Only tsDo.610 sa1Fs
tran re low point r~ach~i after <b@1r
pzTrn~ss.s fc~ s0n<3s ha1 been cosrFier~f
<gw York Iu1y RTE z,-~s<iy ss0k
s;a.ssnezst snoEz TIE fszIowfnK changes.
Res~Tv-. terr~zss :sft-5zS: ioans. ~
craze g Is co. s2~cf-. isser~s~e tzsSs-
60. gsEal is1f4-s. c~TNsss fzxz.ise. 6e-
poz,tz, ircrease :Z55e. 100 ,rsrc1jzfior. Ia
c-~azs 3. so. The banks Gov hoSs IA
50 CT "a ~roe-s q tSs = TT esrt <ub~.'
Bsrssc. July fs--7.ss ze~sIy ststeEo~xs
q tae Ins<r1s. bark q Gsrzaoy sess-zs
ire <csso~Ex chaax~z. 60 cg1-S,aT~1
-@c3 sh~ r~--ssorzz noro1ufs Csxs -
ssrat & 80 80 rrsAs1xs. treasury sot~s<
inc--a<s6 10 10. e,s<- ~s-uTsrss~t "a
~-ros n so 6ffls rc.e<. 81 1zrtsszf.E-6s1. De-