The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-03-20


figure for the rest of the week. 1t is TO
be noticed that heavy covering in Man
haitian and Western Union, accompanied
the depression of the other leading
Gould stocks, which fact may be signif-
cant as to the reason for the attack.
Othet leading securities, notably Su-
gar, have displayed considerable frreg-
uiarity, and professional traders. It may
be said, found more opportunity for the
exercise Of their speculative methods
than in any market which has been seen
for soma time past. 1t may be further
| observed that while some increase in the
volume Of outside business might be no
ted, the speculation remained, for the
most part, in the hands OF profession
ais
Europe has either sold stocks or alb
stained from taking any part in our mar
ket. Al the same time the strained con-
dition Of European politics and the con-
sequent nervous and apprehensive state
Of speculation on the other side of the
! ocean appear to have lost much Of their
| Influence upon this market, and It IS
apparently realized that at present Lon
don holds comparatively few American
stocks for speculative account so that
selling from that quarter is not 10 be
dreaded, as the street has been let to
Selc-e. II must be admitted, however,
thar in the contingency of a European
conflict and a consequent complete de-
moraliZation Of the British and CONT
| mental stock exchange, our own market
could not be expected to ignore the dis
tuTbing influences. and such considera-
tons are doubtless kept in view by the
| large operations here.
SO far as the market has been affect
ed by the meeting Of congress. and the
introduction of the new tariff bill, the
influence has been on the whole, favor
able, satisfaction being shown in spec
ulative circles as to intima tons that &C
ton upon the tariff would be expedited,
and the uncertainty which the agitation
OF such a measure usually induces re-
duced to a minimum.
The hardening of the money market,
caused by increased demands for accom-
modations on the part of the importers
for the purpose Of Withdrawing various
classes Of goods from bond, was not re-
Carded as an unfavorable factor, nor has
he movement affected the temper of spec
ulation, inasmuch as Wall streets own
requirements can still be satisfied at
low range of interest rates.
The railroad situation is virtually I'M
changed, and the latest reports of rail-
| road earnings, though displaying in
some instances large decreases, are ex-
planned by the prevalence of severe wea-
Their in the west and northwest, involv-
ing more or less interruption 20 the traf-
tic Of the roads.
LOANS AND EXCHANGE
New York. March 19-Money on caIl
easy at 1902 per cent; last loan ia per
cent; closed 124@2 per cent; prime mer-
camille paper 3K@4 per cent; Sterling
exchange STEADY, with actual business
in banzrs' bills at s4S794.S7A for de-
mand. and si.S5i564S5A for sixty days;
posted rates s4S6G4.S615 and s4.SS@4sSk
commercial bills s4S4k@4S4s4. Silver
certificates SIS 662%: bar silver; 62as.
Government bonds weak; state bonds
quiet; railroad bonds firm.
New York, March 19.-Clearings. S.
267, 23s; balances. s5,69S.5S1.
Boston, March 19.-Clearings, S14 $685.
.G2; balances, s1,721,253.
Philadelphia, March 19-C7earings, So
70O.S14; balances s1.59S, $50.
Baltimore, March 19.-Clearings, $3.50
$50; balances, S512, 623
BANG CLEARINGS.
st. Louis. March 19.-ClearingS, IS. 329-
627; balances. 1851, 3s9. Money 5d7 per
cent; New York exchange % cents pre-
MUM bid: 80 cents asked.
New Orleans. March 19.-Clearings, ST.
0S2, 400
TREASURY STATEMENT.
Washington. March 19.-Today's state
ment of the condition of the treasury
shows: Available cash balance, s217,-
s9o,42 gold reserve. $751; ,390, So.
From Cripple Creek.
After the big fire in Cripple Creek. I
took a very severe cold and tried many
remedies without help, the cold only be-
coming more settled After using three
small bottles of Chamberlain's Cough
Remedy, both the cough and cold left
me, aid in this high altitude it takes a
meritorious cough remedy to do any
good.-G. B. Henderson. editor Daily
Advertiser. For sale by druggists