The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-04-28


Rushed Through at This Session of Con-
Eress, = Belief Not so Much Entertained
by the street-st. Paul Conspicuous
Sugar Leads In Volume and Closes 1t
G2ins-Tobzcco and aanhattan-Bo1ds
Less Active Governments Strong.
New York, April 27-The volume OF
business in stocks today was fairly
large and the tone OF speculation firm
throughout. The distribution OF buSi-
ness was indifferent Sugar figured
for nearly one-third OF the entire deal
ings and a respectable demand was
reached only by ST Paul in the railway
list A favorable influence upon the
market at the outset was The receipts
Of London cables showing advances in
the prices OF American securities az
that center and despite the light deal
ings in the international group that
class of securities was strong on pur-
chases for foreign account In this mar
ket- Some commission house buying
in the standard railway shares was also
noted. The movement was interrupted
by intervals OF comparative stagna-
ton. The grangers Were strengthen
ed by the favorable reports OF earnings
OF the St Paul and Omaha for the
month OF March, and the Louisville and
Nashville for the third week IN April,
and advanced fractionally above Sat
urday's closing. The industrials NOV
ed in an ezra nc fashion and concessions
were noted at times in the high-priced
shares in this category. The London
purchases Of the railway shares were
partly attributed by rumor TO an i'm
preston that the Pacific road indebted
ness funding bin Will be rushed through
congress this session. The street at
tached but slight importance 10 this
story and there was scarcely a ripple
in the price Of the stock. The trad
ing was attended in spots by realiZa-
ton of profits. 81. Paul and Omaha.
in the specialties. was relatively active
and adva need 21s per cent on the March
statement. Sugar was manipulated
in a rather bewildering manner. but
the stock appeared to be taken on all
reactions and IL closed with q gain of ,
per cent. The uncertainty regarding
the outcome OF TIE legal complications
encircling the payment OF the 20 per
cent scrip dividend on Tobacco depress-
Gu III Tic SlONh ulAllA AaIC III
the day. when the announcement that
a temporary adjournment in the pro-
ceedings before the chancellor OF New
Jersey had been ordered, caused jump
OF rs per cent. A partial recession en-
sued. An early rise of IL per cent IN
Manhattan was ascribed 10 belief OF
the extension OF the privileges TO the
company by the city. The price react
ed a point in common with the general
market in the late trading. A special
influence also was the news that Gov
ernor Morton had signed the bill max
ing the lighting Of cars by gas or cleo
tricity compulsory. The market clos
ed dull but strong IN tone with sharp
fractional net gains IN the standard
list
The total sales OF stocks today were
145.660 shares, including the following:
American Tobacco, IL 600; American
ugar, 1900; Burlington. 100; Chicago
Gas, $500; Louisville and Nashville. s.
200; Manhattan, $500; Missouri $500:
Omaha, $500; Rock Island, 800: ST.
Paul. 1890; Wheeling and Lake Erie,
3, 200.
Bonds were less active, but the tone
was generally firm and marked strength
was displayed in some instances. The
sales were s.. 40o, 900. Northern Pacific
collateral trusts advanced IL per cent:
Northern Pacific trust receipts gained
l per cent. Among the declines noted
were: Colorado and Pacific firsts.
per cent; Northern Pacific seconds, rs
per cent; Northern Pacific thirds. trust
receipts, IL per cent
Governments were strong and active |
on sales Of s212, 900.
LOANS AND EXCHANGE.
New York. April 27.-Money on call |
easy at 2la8S per cent; last loan pa |
per cent: closed 2is per cent. Prime |
paper 41zG51s per cent. Ster- |
ling exchange firm and higher with &c |
tual business IN bankers bills al s4s3S1 |
for demand and s4sTza4S9 for sixty |
days; posted rates SASSY and s4.ssH; |
bills. s4s6s.. Bar silver IS |
cents. Silver certificates 6s149z per |
cent
BANK CLEARINGS.
Boston. Mass, April H.-Clearings, |
I'll .92l .372: balances, 8. ZOO. 1856.
New York. April 27-Clearings. $685.
10000; balances. s5.5s1.s7s.
Baltimore. Nd. April 27.-Clearings. |
Il. 1873. 205: balances. S251, 100.
St Louis, No. April Chickering's, |
"a 1Ol.o ole; balances, 1880. Money ]
,Ts per cent. New York exchange 81 I
premium bid: s1-25 asked.
FOREIGN STOCK MARKETS.
New York. April 27.-The Evening
Posts London cablegram says: The /
market was quiet, attention being alb
'orbed by the settlement Americans
we're carried over al as low as per
,ent. Notwithstanding the increase IN
activity. The general market was
rood and Americans were finer. Ar
,entines were better on the fun gold |
premium. Mines were better. The
money market IS hardening slightly |
n view OF the possible large sums 70 b
AIKEN or the market soon 70 provide
money for the Chinese war indemnity,
syable 20 japan On may s.
Vienna, Austria. April Z7.-T-he bourse
vss distinctly depressed today
New York. April 27.-ChsnceIlor No
III % New jersey heard arguments IN
Jersey Cry today on the application TO-
n injunction restraining the American
Tobacco company from issuing an sd-
l1O1al SCRIP dividend of 20 per cent o.
lie common stock TIE Application =
made IN the interest % dissatisfied stocx