The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-04-24

ernments Well Held-London Market
BIank-Review of the Week.
New York, April 23.-Undeviating dull
ress marked the dealings in stocks today
from start TO finish. The total shares
| sold fell several thousand under 100000
and dealers and brokers found their &C.
cupation practically gone. Tobacco was
the only stock dealt in 10 the extent OF
10000 shares, and that was selling
movement. In the railway list, outside
the coalers. the only stock which varied
its price to The extent Of point was Bur
lington, and its net change was only one
half per cent. Such market afforded
70 inducemert except 10 the strictly pro-
fessicnal element. and to them only for a
very quick turn on an Almost infinitely
small margin. The whole market contir-
ued to be dominated by the war situation
in Europe, and the opening adhered close
ly 10 the level already established for the
days trading in London. The indisposi-
tor TO trade in stocks seemed TO be based
on the expectation that the Turks were
sure 10 win success ultimately, and that
Greek success only served 10 delay the
ending Of the war. which would come by
the intervention OF the powers in event
of Turkish success. There was, in fact.
a slight squirt Of activity shown shortly
after midday, when a rumor was circu-
lated from a quite irresponsible source
In the street that the Turks had captured
49, f-:- e 49,
report was quickly ascertained, and the
momentary activity came 10 an end. In
spite OF the inanitior Of the market, it is
not probable that the bears are very
chary Of making any wholesale on
siaught upon or OF putting out any new
short lines. The indications also poirt TO
a large decrease in the existing short in
terest in the last few days, the loan rate
FOR most stocks being much reduced, ex-
cept where manipulated. as in toe case Of
the coalers. The movement upwards OF
New Jersey Central ard Delaware ana
Hudson is attributed to the bidding up Of
the loan rate by inside interests and the
driving of the shorts to cover. The fea-
lures of the narrow market were found
in the specialties. where the activity was
due in each case TO a special cause. In
Tobacco, the declire was due to reports
from the west, of hostility Of labor or
CARNATIONS to the company's product. In
American Spirits i. was occasioned by an
unfavorable Interpretation Of the failure
OF the controlling interest 10 have quo
rum at the annual meeting, and the con-
Saquent lack Of report of the business
and condition OF the company. In others
The activity was wholly caused by manip-
ulative tactics. Leather preferred showed
recovery from its recent depression. on
covering Of shorts. The net result of the
days trading was general gain Of
fraction. Spirits preferred was a loser
by IA per cert, after erratic fluctua-
tons. and the 6 per cent bonds of the
company broke per cent, and recovered
liz per cent. Tobacco lost a point ret on
the lay. The closing was weak.
The total sales of stocks today were So
459 shares. including: American Tobacco
1000: Burlington $780, Chicago Gas 4.7O0
Reading 3.4o0; st. Paul $500: Western
Union $500; New Jersey Cerrral Z. 100
The bond market displayed a fair de-
gree OF activity, with values gene-aiy
firm.
Governments lacked feature but were
generally well held on dealings OF so. 900
FOREIGN STOCK MARKETS.
I-ondon, April 23.-The stock market
opened easier ard remained so during
the day N inactivity Of operators The
tone vas dull, witt a generally light de-
mand
Berlin, April 23-Eusiness on the bourse
here tGcGv inv ed on the rum that
ar armis,ice h.;we..- the Greeks and
Turks was being arranged.
New York, April 23.-The Evening
Posts London financial cablegram says:
This was blank day on the stock
markets, il being a Jewish holiday, AID
the tore was rather dull, on Greek sue
cessss. At the approach Of the settlement
which will begin in mines tomorrow. KAT
frs reacted. closing al the lowest Of the
Gay. In spite Of the recent rally some
heavy differences in Kaffirs are be met
Brazils were fat on the further fall in
exchange. God IS still leaving Cor ia
pan. For the week ending yesterday
about 500, 900 pounds have been shipped
to that country. French exchange fell
today 20 the unusually low figure 81
c51oi5. Careful. inquiry fails 10 disclos.
any exceptional causes in operation. bur
doubtless the high price of bar gold here
assists the movepent. There seems 10 be
as yet 20 actual French demand for gold
Tn Paris and Berlin markets have been
dull, bat closed firmer."
r,n>-D- AMI
NV York, April aS.-Money on call nom
inally 1iad2 per cent: prime mercantile
paper STAT per cent; sterling exchange
steady with actual business If bankers
bills al S4.sSd4SsE for demand and 1856
0s4S6is for sixty days; posted rates
s4S764S7s and s4SSlaGiSs; CONNER
c!al bills si.s5a4; snlver certificates 6I7sT
seN: bar silver 6l7:; Mexican dollars 4S9s
bonds firm: new tours reg
ular 12S; do coupon 124: fives. regular.
l1294; do coupon ia; fours. regular. III:
do coupon ll2ia; twos. regular 96ia; Pa
citic sives OF 'sS. 1o4.
TREASURY STATEMENT.
Washington. April 23.-Today's state
nent OF the condition OF the treasury
shows: Available cash on hand. 12s45s34
SHOWS: Available cash balance. So. s64.-
i56; god reserve. sl55 .551 1871.
BRADSTREET'S FINANCIAL RE-
VIEW.
New York. April 23.-Brais;reet's f.
rancia. review tomorrow viii say:
Saturday and Monday las; were signal
zed by heavy selling and considerable
declines on the part Of the foreign houses
and by bearish manifestations by the 10