The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-07-15

Changers score Marked Gains, St. Paul
Common Crossing IS, lts Record in Ten
Years Past - Northwestern Also Ad-
vanees stronciy-coalers lake . Second
Thought on Lehigh Valley. and Pick up
ON the Strength OF IL, and the Soft Coal
Strike-Loudun Markets In Better Tone,
With Increased Business.
New York, July 1.-THE security market
continued TO exhibit strength on widely DIS
tributed dealings. The grangers. the T.
S. market barometer, on favorable crop adj
vices scored marked gains. ST. Paul COM
mon crossed IS. which price it has not
touched in ten years. The Northwestern
stock also advanced strongly. This was
regarded as due to foreign covering OF
shorts. The coaiers, weakened from their
accustomed lethargy. and reacted as pro-
gress to a higher plane Of values THIS
was largely in sympathy with the special
marke, for Lehigh Valley. Reflection over
night had convinced the traders that on
the disappearance of Lehigh Valley as an In.
dependent factor in the market their trade
would be managed III such manner as 10
produce the best results for the interested
corporations. Thus. they argued, would
be accomplished harmony where previous
schemes of the past. including centraEz-
ing agency. and a Reading lease OF other
companies, had failed. The coal strike. If
II continues Will cause an increased de-
mand for the hard product. Wheeling and
Lake Erie preferred and Cleveland. Lorain
and Wheeling preferred were BIC up point
each, while Hooking Valley also improved.
Thus the action OF the bituminous roads
indicates a greater intedest in the strike
than heretofore taken. On enormous trans
actions Sugar alternately rose and fell on
more or less favorable news precolating
from Washington. The delay in announc-
ing an agreement by the conference COM
nlittee was taken as confirming OF oppo-
sition on the part OF the house leaders to
yielding to senate confrees. The stock
opensed down about point. fuctuated wide
ly ard closed al about initial figures. The
friends OF Tobacco advanced IL 2k per
cent and then dropped 1t q per cent The
Gould shares were stronger. Gains of a
point or over on the day are shown by the
following, in addition TO cases already emu
nerated: Cleveland. Cincinnati. Chicago
and St. Louis. Consolidated Gas, Illinois
Central. Minneapolis and ST. Louis and
Pittsburg, Cincinnati. Chicago and 81. Louis
preferred. Rio Grande Western preferred
lost rs per cent and Leather preferred ,.
per cent. The market closed almost as Il
opened in the smaller stocks. Trading was
quite animated. The bulk of the transac-
tons were centered in the low-pr:ced Sc
curites with a decided inquiry apparent for
the Oregon Short Line liens. Rio Grande
properties rule, have come into favor
and noteworthy appreciations in values of
these stocks have been recently registered.
The market exhibited quite hardening
tendency, with the changes sustained in a
number of instances.
Government bonds were firm, with trans
actions trivial.
FOREIGN STOCK MARKETS.
New York, July 1.-THE Evening Posts
London financial cablegram says:
There was better tone and a slight in
crease in business in the stock markets to-
day, despite the Henley attraction The
stimulus partly came from the declaration
of good dividends by some Of the home
roads. Consols and other investments were
strong. Mines were firm. They are un-
changed. The Paris bourse was irregular,
feature being rise in Tin;o copper. The
Berlin market was steady
LOANS, EXCHANGE AND BONDS.
New York. July 14.-Money on call easy
at 1olh per cent. last loan per cent: closed
offered at per cent; prime mercantile pa
per 3Q4 per cent; sterling exchange steady
with actual business in banke's bills at
&.s7Q4s7l< for demand and at $i.ssl14 ssi4
for sixty days: posted rates A.s6d4Ssll an
$4.Ss ssh; commercial bills sis5Iz. Silver
certificates 602sQSo7s; bar silver SOS; Next
can dollars AZ. Government bonds firm.
state bonds dull; railroad bonds steady.
TREASURY STATEMENT.
Washington, d. c.. July 14--Today's
statement of the condition Of the treasury
shows: Available cash balance S2S2, 02l, lie;
gold reserve $40, 500, 253.