The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-05-27

T. Belief That SomethinS VIII he Dooe ia
| Reasonable Time By the senate In Tariff
LeSisiasion Il At Abe Bottom ef . Burt
| OF Cheerfalness In the Market. > Bus,-
ness Revival Being Looked to the
Care-An for Security Ills Outside
sivsly Strong.
New York Nay S-Th= stock market vas
hours Of trading today. The animation ..
| the trading somewhat subsidized after The
noon hour ca account OF the announcement
Of an additional shipment OF 900 in gold
! tomorrow. and on proft-taking. and sme
weak spots developed IN the Est. which
served somewhat 10 check the rising ten
dency- Prices Of most stocks were. never
theless. quite firmly held until the close
and substantial net gains were the rule Is
the result OF the days trading. There
was quite a large number OF shares sold
here for London account but they repre-
scented nothing but srb.trase operations by
professional traders. the higher lever o.
prices here offering a sufficient margin OF
Profit 20 invite he operation. There was
marked broadening tendency 10 SPEC uIa-
ZION, many usually inactive shares con-
irg into demand and gaining n price. TIE
outside interest n the market which frs,
manifested itself yesterday. was again =
feature today. and various commission
house orders were n evidence. Smaller
transactions were Of considerably smaller
volume than yesterday. The fact that the
senate Is actually embarked upon the con-
sheraton OF the tariff bill and the bA.ies
that the measures taken 70 expedite acton
by that body upon the bill VIII prove er-
ficac.ous here the impeiling causes OF TIE
naore cheerful view OF things taken on the
stock exchange Wall street waits upon
a general trade revival as the panacea fo-
tie lis that afilict security values Trad
ers in stocks act upon the belief tia; pro-
sress towards the enactment OF The Few
tariff law justiffes them in discountlng the
good effect expected 20 accrue from a def
nite settlement OF the future conditions IL
VIII have TO 90 with Improved railway
earnings, especially from the south and
southwest. are an encouraging factor. For
the third week in May the Southern rail-
way shows an increase IN gross earnings
OF Sls.51i: Louisville and Nashville OF us
sss O.y. iPttsburx and Gulf. also show
very substantial gains. On the other hand.
Wabash and Chesapeake and Ohio showed
lceses. The 81. Paul statement for April
was also q disappointing factor The de-
crease shown IN gross earnings was u.s.
81. and In net earnings $5. 80. THIS hal
quite marked effect in the afternoon
check 20 the rise in values Net gains
were generally fraction less than the ex-
IRENE advance. but were the rule through
out the list. Al extreme advance OK a
point or over was made IN Sugar. Atch,son |
preferred, Tobacco, Burlington. Chicago
Gas. Northwest. Rock Island. Manhattan.
Bich.gan Central. Minneapolis and S.
Louis. Ann Arbor preferred {. points,. Kan |
sas and Texas preferred. Missouri Pacific. !
ard Western Union. New Jersey Central
was very erratic but gained = per cent net
Baltimore and Ohio showed weakness On
the belief that the company would anaui
It's June payment and declined Il per cent
20 lG'e per cent. closing near the lowest. |
Cleveland. Cincinnati. Chicago and 81.
Louis was also conspicuous FOR weakness,
IN contrast to the general market
The total sales Of stocks today were ia-
81 shares. including: American Sugar. Is
20; Burlington. 800: Baltimore and Ohio |
Paul. $500: Rock Island. $50: Western |
Union. Il 80: New Jersey Central. ls.eoo
The bond market developed aggressive |
strength on large transactions. which were |
attributed IN part TO a revival OF outside /
interest, The giit-edged Hens were n fair /
request a. advanced prices. but n the mid |
die grade and speculative issues. the gain. !
were more pronounced. The 81 Louis and 4
San Francisco securities were prominent /
and rose materially with trust 5s register /
ing the extreme improvement OF ~ Per 4
cent Some few weak spots were uncov- /
cred. notably Leh.sh and Wilkesbarre con- |
sols. which ssgged Si.A per cent, 20 s.i1 ,
per cent The aggregate sales were s2.S2,-
oo
Governments displayed a hardening ..n-
dency on a moderate inquiry. The sales
were s-s.o1o
STOCKS LISTED
New York May S.-The listing commit 4
tee OF the stock exchange today authorized 4
the Listing OF securities OF the Missouri Pa I
c.fc Railway company. and the Western l
Gas company. the Sunbury and Lewiston t
Railway company. and the Capitol CWash-
inztol. D. CO Traction company.
The committee directed That dealings n /
the stock Of tie Interior Conduit and IN 4
sulatiug company Be suspended Until fur |
tte- notice.
LOANS. EXCHANGE AND BONDS.
New York May J-Xoney On call nom !
inaIly a. 1t.Gli. per cent; prime mercantile /
paper 51zG4 Per cent: sterling exchange !
weak with actual business IN bankers bills 4
q: Sas7Gi 81. for demand end a; 49, and /
81 ssi. FOR sixty days; posted rates As51G /
g and >. ss1i ss1.; commercial Bills "a E;.; |
silver certificates $500; bar silver .. 1
Mexican dollars FL Government bonds 4
frner: new "a registered ard coupon i-s<;
8 registered and coupon ii5z: Is rsgistc--
Ell lt9s.; coupon iiz1.. IS reg-stzed >. Pa
cisc SIS o.. IS io4l.
BANK CLEARISG5
baltimore, Nd. May &-Cieariags E-i7.- 4
co: balances x3s.fs4
Philadelphia Pa. May S-Clearass ..
- so: balances s. 90. 50
ST LOUIS No. May 1s.-C1es-.nss c.s47.-
-ls: balances SSs.s4t: money t67 Per cs7t. 4
New York sxchsnze = cents bid: Z aske1 4
r-nr n E-r,p SHIPMENT