The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-04-14
HOPE Is STRONGER
THOUGH TRADING ON THE STOCK
EXCHANGE IS BUT MODERATE

List OF Especial" Gold Exports, which Is
Disregarded by the Traders-Three In
fiuences Operating Favorably on the
Market are Good Weather for Crops,
Conservative Presidential Action on
For Early adjournment of Congress
Americans In London In Good Tone.
New York. April 13.-Todsy's stock
market reflected a more hopeful view
of the immediate outlook. although the
trading was only moderate in volume.
The transactions were fairly well dis
tribrted, and substantial advances in
prices occurred in some instances. The
traders appeared 20 disregard a renew
al OF the "epcial" gold exports to Eu-
rope. The firm which has recently
made two shipments Of gold on Russian
account. today withdrew from the sub
treasury $70O. 900. which Will be forward
ed 20 Germany by tomorrow's steamers.
The last two previous exports by the
house in question have been filed by
ment depository banks. The favorable
influences bearing upon the market to-
day included more seasonable weather,
a belief that a more conservative at:i-
tude will be observed by the president
on the Cuban resolution. and the ex-
peotation OF an early adjournment OF
congress. The last theory is based up
on the probable desire OF members OF
congress TO make preparations for the
national campaign. Another encourag-
ing development was further made in
the sterling exchange market declining
10 81 1914. IL IS believed that at the fig
ure mentioned. gold cannot be shipped
on any purely exchange operation. The
suspension Of a formerly bear house,
failed TO cause a ripple. Such special
information as can be secured regard
ing the crop outlook at this season is
favorable. In several stocks pool buy
ing served TO advance prices. Dealings
in the railway list were on a moderate
scale. although a furry in Reading oc-
CURED in the forenoon. London was a
moderate seller of ST. Paul, but all Off
erirgs were readily absorbed. and later
in the day purchases of various stock
were not sold for foreign account. Su-
gar led the market in point OF activity
and strength. The rise in this stock
was attended by further advances in
the price of the product. Partly on this
account and pool buying, an advance Of
2 per cent occurred, TO III g per cent.
The preferred stock rose ia per cent
Chicago Gas gained rs per cent on
continued suggestions of a probable
early dividend payment. Tobacco
f1uctuated. as usual. in an eccentric
manner and left off a point lower It
was noted that brokers for insiders
We're principal sellers Of the stock to
day while buying were CHIEFLY 10 cover
shorts. The committees on securities
Of this stock exchange have ruled that
more due bills must be given for the
cash and for the script dividend, the
cash and the due bills being entitled TO
demand cash deposfte by the market
The dividend scrip was quoted today at
55Q57 per cent Consolidated aCis ad-
vanced 2 per cent and important gains
were scored in several other specialties.
In the late trading, the anthracite
shares attracted attention by substan-
ttal gains on moderate volume of bust
ness. Reading advanced "a per cent,
New Jersey Central per cent and Sus-
Quehanna and Western preferred ia
per cent. The buying was considered
TO be of an investment character, based
ON anticipation of Improvement in the
anthracite trade. The close was strong
in tone, with prices at the top notch.
Bonds were strong and higher. Atch-
ison issues were uhe most active with
the last named security conspicuously
strong in the late dealings. The sales
were 81 SGT. 900.
Governments were quiet but firm
Transactions amounted 10 $4,000.
LONDON, PARIS AND BERLIN.
New York, April l3.-The Evening
Posts London financial cablegram:
Money was more plentiful and contin-
uation rates were lighter than ever
known, bankers only getting per cent
on American stocks. The tone was ir-
regular, the only feature being further
heavy buying OF home rails, most OF
which are az record prices. The tone OF
Americans was good, but there was no
business. The new Erie securities were
granted an official quotation and spe-
cial settlement on Thursday. C:hilfan
bonds were fat on rurnors OF the unsat-
isractory condition OF the country's
finances. but the reports are disregard
ed In good quarters.
The Paris and Berlin markets were
quiet and dull.
Berlin. April 13.-Exchange on Lon
don eight days sight 20 marks. AZ
pfsnigs.
BANK CLDARINGS.
Philadelphia, April 13.-Clearings SIS
294. 1854: balances SI141.1e6.
Baltimore, April 13.-Clearings S2.3l2.-
90; balances 1896. s45.
St Louis. April 13.-Clearings 24.Ss1 -
s27; balances s5s9. I'll. Money cas- per
cent.
Memphis. April 13.-Clearngs $3.50. =
034; balances S56.3 1854. New York ex-
change selling al $50 premium.
New Orleans. April 13.-Ciearings 81
2.55S: New York exchange Sl.50 per g. -
600 premium; commercial - cents per
s, 900 discount