The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-11-24
SANE THING OVER
STOCK MARKET REPEATS THE HIs-
TORY OF REGENT DAYS

Decided Irregularity With the Downward
Trend Bot Net Change at the Closing
of Little Account - Moderate Forsign
Selling and Hardening Tendency to
sterling Exchange Railway Bouds Quie:
aud Fraefionslly Lowor-Goyernments
Strong and slightly Higher Americans
Dull in London, Closing 1T Lowest.
New York. Nov. 23-The speculative
movement today was almost identical
with the operations in stocks for several
days past: Decided irregularity with
the downward trend was noted. but, as
usual recently. the net changes at the
close were inconsiderable. In the early
trading strength was apparent on fair
amount OF commission house orders. and
there was disposition TO ignore moder-
are foreign selling and a hardening ten
dency in sterling exchange. The last de-
veiopment counted more in the late deal
ingS, however, and partly inspired a re-
action of prices. The short interest ap-
peared inclined to coverand this course
ward sharp fractional gains In the
Changers, Southwesterns and Sugar. Re-
alizations and short sales started a re-
action all around, upon the publication
of the Northwest statement for October.
showing a decrease in gross earnings OF
$i64.SS5. The bear leaders paid partic-
ular attention to the specialties and ef-
fected liquidation in some instances.
The market became less active on the
down grade, but prices gradually sagged
to points fractionally below Saturdays
close. The strengthen the exchange mar
ket was set down 10 covering of bids
put out prior to election. Posted rates
were advanced 1-2c successfully by one
drawer and actual figures also moved
up sharply. An easier discount rate in
London later in the day caused a recess
sion in exchange from the top level De-
Clines in some Of the specialtieS were ma
terial, notably in Manhattan and Lea
Their preferred. which sold off l 1-2 per
cent. The break in the last mentioned
stock was attributed TO an alleged less
favorable prospect regarding dividend &C
ton by the directors al tomorrow's
meeting. Estimates as to the amount OF
dividend now run as low as / per cent.
the figure mentioned several days since
in these dispatches. Sugar fell sharply
on report that the Williamsburg re-
finery would suspend operations. but raj
lied on a denial from an Official source
and rose TO the best price OF the day
On supporting orders. Toward the close
the market rallied all around and left
off steady at the improvements. The net
changes were trivial.
Sales of stock today were 169, 4i6
shares, including: Atchison. $500; Amer
lean Sugar, q, 900; Burlington and Quin-
cy, 1870; Chicago Gas, $500; Kansas
and Texas. $500: Louisville and Nash
vile, $500; Manhattan consols. $500; Rio
Grande, 4.S00; Rock Island. 900; St. Paui,
1880; Western Union, 900; Wheeling
and Lake Erie, $500
Railway bonds were quiet and frac-
tionally lower. The dealings were large
ly restricted to the speculative issue.
and lacked important feature aside from
u sharp rise IN the Oregon Improvement
issues The sales were 81 ,423. 900.
Governments were strong and slight
iy higher on investment orders. The
sales were $40, 800
New York, Now 23-The Evening
Posts London financial statement:
Stock markets were quiet and irreg-
ular today. The firmest markets are
those in which there has been recen:
bear interest: thus consols affected by
the latter will be favorably affected by
the commencement of the settlement.
which shows a reduced account. easy
rates, and shortness of stock. Ameri-
cans were dull and closed at the lowest
the dizziness being partly due to the large
unexpired options still hanging over the
market. The money market was dis
tinctly easier. Half million in Japa-
nese money was released today, but even
part from that tn indications are in
favor of easier money. The Paris bourse
dy he rkas al
steady, the decline in money rates hay
ing good effect
LOANS AND EXCHANGE.
New York. Nov. 23.-Noon: Money on
call easy at 2Ad3 per cent; prime mer-
camille paper. 41zd5h per cent Sterling
exchange firm, with usual business in
bankers bills at s4.64A d5S9h for de-
mand and $4.S2%@4S3 for sixty days
Silver certificates $1,000 at G5M cents
Ear silver, Ssh cents. Mexican dollars
sos cents. Government bonds strong.
new fours reg. 1874: coupon, 1881; IS
registered, 1l2%: coupon, 1924 IS regis
tered, ITO; coupon. 1895; and % regis
tered, 80; Pacific IS of 81, 1O2.
BANK CLEARINGS.
Philadelphia-Clearing $500 SIS; bal
ances, s1.450,s ISL.
Baltimore-Clearings. s2.oo5.s7s: bal
ances, 1856. $40.
st. Louis-Clearings. A.271 81: bal
ances, s570. ono; Money 6qs per cent New
York exchange 10 cents premium bid: 81
premium asked
Memphis-Clearings S41e.2I5: bbalan-
ces. Sl1S.lSo. New York exchange sell |
ing al par.
GOLD RESERVE.
Washington, Nov. 23.-Today's state
ment of the condition OF the treasury
ch sfoA