The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-09-22

Situation Improving, and Gold Imports
Also. to Remove All Doubts. the Neg
alive Aid of an Absence of Anything
Unfavorable, is Included in the State
ment-Readins Securities Prominent on
illegal Decisian Affecting Them-Reai-
liz ug in SuSar-Railways Strong.
New York, Sept. 21.-Aithough the
volume OF business in stocks was not
large today, the distribution OF the
trading was fairly good and the tone
was quite strong. The Improvement
was based on an easier tendency in the
rates for both call and time money,
moderate European buying OF our Sc
curities. change for the better in the
Industrial situation, evidenced by nGI-
merous reports of the starting UP OF
mills and manufacturing plants IN
various sections; continued gold I'M
ports an dthe absence Of any new I'M
favorable developments of Importance.
1t 'wtas noted that for the first time
since the recent stringency began, time
loans were made today at per cent ON
good mixed stock exchange collateral,
without commission. Leather prefer
red was helped by the reported improV-
ing tendency for sole leather, and ma
nipUlatio of several of the other spe
cEalties, including Chicago Gas, in
duced covering of Shorts. Reading Sc
curities were more prominent than US
ual recently IN connection with the re-
fusal of the court to postpone the fore
closure sale set for Wednesday and I'M
founded runors of the probable acqui-
sition by the company of a new and adj
vantageous character. The extreme
gains scored extended in the special
ties to pa per cent in Manhattan, while
Rock Island rose IA per cent and the
Industrials, Leather preferred advanced
21a per cent from the low point. Sugar
gained only a point, its upward course
being impeded fby rather persistent real
iZing. Tobacco, owing to the recent re-
ourrence of its fight with the plug man
ufacturers, and uncertainty regarding
the probable action on the impending
dividend, was corresponding to the gen.
eral movement. The stock was irregu-
lar within a narrow range and left off
unchanged. The railway stocks were
strong in the face of unfavorable fore
casts OF earnings. In a general way,
the buying of stocks was considered
better than for some time. The closing
was strong at about the top level, with
the final figures recording gains of 1d2
per cent.
The total sales of stocks today were
1852 shares. including: American To-
bacco 6,100; American Sugar $4,000; Bur-
lington and Quincy 1900; Chicago Gas
6 100; Louisville and Nashville 11,100;
Manhattan 1880; Northwest $500;
Reading IL 200; Rock Island 1900; st.
Paul % 800; Union Pacific 1900; Western
Union 500; silver certificates 5000.
Railway bonds were active and took
on a strong tone in sympathy with the
more cheerful sentiment generally. The
active bonds improved about point,
with the Reading issues prominent.
The sales were $3.50, 900.
Governments were strong and slight
ly higher on dealings of 100000.
Silver certificates brought 663s for
Sc, 900.
FOREIGN STOCK MARKETS.
New York, Sept. 21.-The Evening
Posts London financial cablegram |
says:
THE stock markets opened good to- |
lay on better feeling, both as TO poll |
les and easier money. But utter stag |
nation and more gold exports subSe- |
Iuently weakened the market, which |
,ioSed dull, although prices were better |
IN balance. Consols closed at 11014, aft |
er touching 11015. Americans pursued |
/ course independent of the other mar !
ketS. After a good opening. prices /
steadily improved and closed quiet at |
he best. The Denver and Rio Grande |
statement and more cheerful views uo-
N the result OF the election in the Unit
d States have caused some renewal of
Iotivity here with demand for bonds. |
Noday's withdrawal from the Bank of
England was made on anticipations
hat the bank viii raise its price for !
agles, which is probable if more gold
S withdrawn"
IOANS, BONDS AND CLEARINGS.
New York, Sept. M.-Noon. Money
N call easier al ) per cent; prime mer-
antile paper 7G9 per cent. Sterling
xchange firmer with actual business in
,ankers' bills at s. SIX 94S415 for de-
nand. and S4S1% M4S2 for so days. Sill
'er certificates 65lzQG6i2. Sales $4,000
t 6sss. Bar silver 65l4. Mexican dol
airs 50is.
Government bonds firm. New tours
l1Or2, NOuAJtilS LIZ Nv 1
egistered, 1l04; coupons 1i0h; fours
egistered 106; coupons 107ia; twos reg
stored, 921a; Pacific skies of ~ l0oiA.
Philadelphia, Sept. 2l.-ClearlnSS 3d.
81 ,1SS; balances 81 ,450.121.
Baltimore, Sept. Chickering's ST.
% 161; balances S253, SAP.
st. Louis, Sept. 21.-Cgea rings $751;
20; balances S337.7s9. Money steady;
all loans sac per cent; time loans sac
er cent New York exchange s.. so dis
cunt bid, sl.25 discount asked.
GOLD MOVEMENTS.
New York, Sept. 1-London cables
sport the withdrawal of PES, 600 pounds
/ gold from the Bank of England for
hipment TO this country. The steam
hip Pavonia from Liverpool brought |
800. GOO in gold to Boston. The Bank %
Iowa Scotia has ordered $500, 900 in gold
rom London
The steamship Ia Gascogne. from
Iavre. brought s5o,eo in gold TO Laz-
I'd Frsres-
THE GOLD RESERVE.
Washington, Sept 2l.-Todsy's state
lent OF the condition OF the treasury
Rows: Available cash balance, Se43,-
o, 431; gold reserve, s115,27S, 7S9.
CHICAGO MARKETS
Chicago. Sept. T.-The average offerings
{ native and range cattle sold only fairly