The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-12-10


tant increase in the volume OF business,
the professionals worked for the bulls
| side and impaired a degree OF spirit 10
| the trading in some instances. There
We're intervals of pronounced dizziness,
however, owing to the lack Of outside in
terest, and business was uneyenly dis
trfbuted, Sugar figurig for one-third
of the total dealings. London continued
| selling orders, and at some stages of the
session determined drives were made
against prices, which in turn were
succeeded by spells of covering, so
that closing prices were slightly above
yesterdays level. The street was infiu-
enced by various Washington dispatches
suggesting developments Of Importance,
but as a rule leading interests were dis
posed to act with caution, pending def
mite news. The gas stocks were quite
prominent in the days trading. Consoii-
dat ted, which has been conspicuous for
some little time past owing to its sensa-
t;onal fluctuations and the frequent
varying reports regarding the gas inter
ests generally, broke 315 per cent, to 100
u per cent, Ostensibly on continued ru-
mors of impending legislative attacks
and the charter secured by an opposition
company. The stock rallied sharply, in
sympathy with the general market. In
the afternoon, but sagged again near the
close. Bay State Gas advanced mater
tally on Boston orders, which were at
tended by gossip suggestive of an early
adjustment of the company's troubles.
Chicago Gas suffered from realiZationS
and Laclede Gas preferred dropped per
| cent, to 6S per cent, on liquidation. Cen
eral electric advanced IA per cent on
good buying induced by expected large
increased business as result of impend-
ing changes of motive power by several
important transportation lines. An en-
couraging feature was noteworthy in
quiry for gilt-edged stocks and bonds for
investment. Sugar developed consider
able animation around o'clock on vari-
Gus reports and large blocks of/stock
were bought, causing an advance Of rs
per cent, TO HIS per cent. The i'm
provement was almost entirely due to
covering. Hooking Valley rose 2 per
cent. Long Island was traded in at 81
per cent, but subsequent offers of the
stock were made at so per cent with the
closing bid at 40 per cent. RealiZatiOns
influenced some recessions from the best
prices in the dealings, but the closing,
though dull. was firm in tone.
The total sales of stocks today were
139, 127 shores. including: American SUI
gar 49,900ffi Burlington and Quincy T.
GOO; Chicago Gas $500; Consolidated Gas
$500; General Electric 5000; Reading 49,
900; Rock Island 400; st. Paul 800;
Western Union $500; silver certificates
$500.
The bond market continued to display
a tendency upward, on investment or
ders, but the volume OF business was
considerably below the recent average.
The sales were 1929, 900.
The gains ranged from 161k per cent,
the declines extended from 1 to 4 per
cent, the last in Louisville and New AL
bany tours.
Governments gained fractionally on
purchases aggregating $4,000.
Silver certificates rose Il per cent, to
65A per cent, on dealings Of $4,000,
STOCKS LISTED.
New York, Dec. 9.-The New York
stock exchange has listed $40, SOC, 900 COM
mon and SIS, zoo, 900 preferred stock of
the Northern Pacific railroad: sS.176,00o
six per cent bonds of the Fort Worth and
Denver City railroad. and trust receipts
for SO, 065, coo Oregon improvement first
mortgage bonds.
WESTERN UNION DIVIDEND.
New York, Dec. 9.-The directors of
the Western Union Telegraph company
have declared the regular quarterly divi-
dend Of IA per cent, payable January
Is.
FOREIGN STOCK MARKETS.
New York, Dec. 9.-The Evening
Posts London cablegram says:
There was a further fall in consols to-
day because of the strong demand for
gold for Germany. The other markets
were idle, except for home rails, atten-
ton being absorbed in the settlement.
Contangoes are light, those on Ameri-
cans being about Az. The tone OF the
markets was fiat, led by the fall in mines
and there was a renewal of bear opera
tons of the feeble markets. Americans
werel istleSs. BraZils were good on well
based reports that the Brazil govern
ment is about to raise several millions on
its leased railways. Exchange is betetr.
Indian exchange is still rising. The rise
of 11s cents in French exchange on Lon
don today is probably connected with
the stock exchange settlement in Lon
don. The Paris bourse was steady TO
firm. The Berlin market was quiet TO
dull on dear money"
London, Dec 9-Gold is quoted at
Buenos Ayres today at 1850; Rome
10i.52la.
Paris, Dec e-Three per cent rentes
102 francs 9715 centimes for the account;
exchange on London % francs "A cen
times for checks.
Berlin. Dec 9.-Exchange on London
eight days sight 30 marks SS1a pfennigs.
LOANS AND EXCHANGE.
New York, Dec. 9.-Money on cal easy
at 1HG2 per cent; last loan 1i5G2 per
cent: prime mercantile paper 4G5 per
cent Sterling exchange firm with &C.
tual business 81 S614 q1-2 for demand and
81 So 1-sa4ss IL for sixty days. Posted
rates s4S494s4 IL and si.STG4-S7 1-2;
commercial bills Si.s2 3-4; bar silver 81
Ia; silver certificates 90 1-4d65 IL.
BANK CLEARINGS.
New York, Dec. 9.-Clear.nss s10i. 49,
or; balances IS, 9i2.S2s-
Boston-Ciearings slI,129. e54; balances
Se.051,31S
notwithstanding s9.57s.1si; ba,-
aances sl.29S,1 1s.
Baltimore-Clearings s2.391.4.s: balan-
ces $685. s4.
s. Louis-Clearings $50. 057: balaa-
ces si2e,lie Money Gas per cent New
York exchange 10 cents premium bid
80 cents premium asked.
GOLD RESERVE.
Washington. Dec. 9.-Today's estimate
of he condition OF the treasury shows:
Available cash balance SIS 81, a.; god
reserve slSs.eis,10e.
LIVESTOCK Markets
CHICAGO.
Chicago Der a-Cattie--hoice sold read