The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-11-02
STOCKS AND BONDS
BUSINESS IN SHARES SMALL AND
NET CHANGES SLIGHT.

Operators More Interested In Talking
About the Election and Betti ng on the
Result Than In Attending To the Trad
in<-Professionsls Buy in the sIorning
and Sell in the Afternoon-Union Pa
cIfc's sale Has Comparatively Little
Effect on the shares-Bank Holiday in
London
New York, Nov. 1.-The business on the
stock market today was very small and
the trading amounted to little more than
ne passing of holdings from one hand to
the other of the same person. The profess
s.onals bought stocks n the morning and
sold them in the afternoon, with the re-
suit that nearly all changes resolved them
selves into very small fractions, though
The later reaction extended little further
than the early rise. The sale of the Union
Pacific main line at Omaha had the effect
Of stifenlng the price Of the stock. which
rose at times rs per cent above the low
point and saved a part Of its advantage
at the close. The stock was. however, with
out buoyaucy. Consolidated Gas also fuct-
mated in a Enthusiastically errauc man.
ner. dropping points, rising 4s4, and clos
Ing the day with a net gain of per cent.
pitsburg. Cincinnati, Chicago and ST Louis
showed a continuance of its recent form
and closed higher ON the day. The gTans-
ers showed some strength during the day.
but the gains were ptwed out except IN
the case of Burlington and Northern Pa
y
of Louisville on the showing by its Septem
her statement of an increase IN net earn
ings Of s1I425s. For the rest brokers and
onerators seemed TO Cd more interested in
discussing tomorrow's municipal election
and betting on the result than in dealing
IN stocks. Today being bank holiday in
London, no quotations were received from
there to influence rises here, but there was
light buying of some stocks IN call money,
which is Ekely TO last for some length Of
time, IS attributed to operations incident
70 the November disbursements on account
of dividends and interest, which are esti-
mated at about $30.0O0,ooo.
The total sales of stocks today were 1884,
100 shares.
BONDS.
Railway bonds wer strong IN tone, espe-
cially Houston and Texas, Oregon Short
Line and Oregon Navigation. Total sales
were SS05.Oo0
United States bonds were 4 per cent
higher bid for al issues except the f1ves,
which advanced 4 per cent. The new tours
coupon sold at 1275s per cent ex-interest Of
! per cent New fours. registered, and
coupon, ex-dividend. 127A; tours, register
ed, HIS; coupon, 11S7s; twos, ex-dividend,
9S1z; ives, registered. and coupon, ex-divi-
dend, 114as: Pacific SKIES of '9S. 1925.
FOREIGN STOCK MARKETS
New York, Nov. 1.-The Evening Posts
London financial coblegram says:
This is HOLIDAY on the London Stock
exchange, Il being All Saints Day. The
tone Of the money market was momenta-
rily easier, but from indications in good
quarters, it looks as though money may
keep fairly light for some time to come
with only a slight go-baclS in the discount
rate
Today large repayments to the Bank of
England were due but only a very small
portion was paid off.
Gold is in strong demand for the CONT
nent at rs ia per ounce"
LOANS AND EXCHANGE.
New York. Nov. Money on call easy
at l1-621a per cent; latst loan, per cent.
closed 11kSs2 per cent; prime mercantile
paper, 3&G4a per cent Sterling exchange,
firm, with actual business in bankers bills
at S4s51z for demand, and at s4.S6d4 ssh
for sixty days; posted rates 4s394S31s
and 1851: commercial bills. s4S21l.9491al
Bar silver. 575sc; Mexican dollars, 443l;
silver certificates ST1z359c.