The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-02-07

houses reported a keen inquiry for all
grades of mortgages, with the low-priced
issues in marked favor The operations in
the gilt-edged liens were limited only TO
the extent OF offerings, az holders appear
TO be reluctant to part with the collateral
except al more remunerative prices. The
speculative bonds moved in sympathy with
the stock market al times but the specula-
ton as a whole, was exceedingly strong in
tone. The changes recorded improvements
generally. Some declines were registered
but without significance. outside Of Ken
lucky Central As, which lost per cent.
Missouri Pacific collateral 5's, per cent.
and New York, New Haven and Hartford
IS, As per cent.
FOREIGN STOCK MARKETS
New York. Feb. 6.-The Evening Posts
London financial cabelgram says:
Affairs in Crete, the Egyptian question,
African affairs and the weakness in Paris
all combined TO depress the stock market
here today. Americans were duh but COM
paratively steady. Mines were fat. There
is a considerably better supply here of
American and continental bills. The Paris
hourse was fiat on heavy sales of Turgish
securities. but closed a trifie better
London, Eng, Feb. Ct p. m. Closing:
Consols fer money IL 1915; for the account
l13 Lie: Canadian Pacific SIS; Erie 15I4:
Erie seconds 50; Illinois Central s1jt: Mex:-
can ordinary q; ST. Paul common Is: New
York Central 96: Pennsylvania $50; Read
ng 1879: Mexican Central new As, 7Ol2;
Atch:son Is. Bar silver 1914 per ounce in
the open market. Money 1d1i4 per cent
The rate of discount in the open market for
short and three months bills 1st per cent.
Gold is quoted today at Buenos Ayres at
20O.50; Lisbon Il; Rome 1915.
Paris, France, Feb. 6.-Three per cent
rentes 102 francs 50 centimes for the ac-
count; exchange on London . francs is
ceatimes for checks.
Berlin, Germany. Feb. Exchange on
London, eight days sight, 20 marks 40 pfen-
nigs.
LOANS AND EXCHANGE.
New York, Feb. 6-Money on call nonin-
al IL per cent: prime paper Sd4 per cent:
sterling exchange steady with actual bust
hess in bankers bills at $751; d4.S6Ia for
demand and at a.s415G4S4 3. for sixty days;
posted rates SIS5lzfii. STA; commercial bills
4.S3i2. Bar silver 6l34. Mexican dollars 80
q. Silver certificates closed 6ifsG55l2. State
bonds quiet, railroad bonds firm; govern
ment bonds strong. New fours 1924, new
fours coupon 122Is; fives registered and cou
pom 1874; four registered 111,; tours coupon
I12; twos registered 95ia; Pacific skies Of
'9S. 103I2.
BANK CLEARINGS.
New York. Feb. 6.-Clearings, sS7, 401, sos:
balances, s3.S94,254
Boston, Mass. Feb. 6.-Clearings, 81, o1S,-
OF; balances, s1.45O.550.
Philadelphia, Pa. Feb s.-Clearings, S.
sl2,ll5; balances, s1.010,6i3.
Baltimore, Md. Feb. 6.-Clearings, 6, SOL
l40: balances, S345, Al.
st. Louis. Mo. Feb. Chickering's s., 1885,
4e5: balances. $S3s,517; money SAL per cent;
New York exchange &c discount bid; par
asked.
TREASURY STATEMENT.
Washington d. c. Feb. 6.-Today's state |
n1ent OF the conditnon of the treasury
shows: Available cash balance s215, 1873 100; |
gold reserve s146.2O0.OSs.
WEEKS EXPORTS AND IMPORTS.
New York. Feb. 6.-The imports of dry |
goods and general merchandise at this port |
this week were valued at So 0S5. The i'm |
ports OF specie were SIS. 100, of which S23,716 |
were gold The exports of specie were |
valued at 1906 766. OF which s54 .591 were gold. |
WEEKLY BANK STATEMENT.
New York, Feb. 6-The weekly bank |
statement shows the following changes: Re |
serve. decrease 81 SOS, 600: loans. increase So
IA. 900; specie, decrease $4,000 legal ten |
ders. decrease sS,OI5,eo0: deposits. increase |
3. $50, 00G: circulation. decrease S13240o0 The |
banks row hold s545iO.o 90 IN excess of the |
requirement of the % per cent rule.
New York. Feb. 6.-The New York F'inan-
cier says thia week:
The statement of the clearing house
banks of New York for the week ending |
February S. was of an unusually favorable
character, showing. IS It did. an unexpect-
ID increase in loans. after several weeks
steady decrese I'm this item. On January J !
the loans of the New York banks were Si9l
1880. which represented gain of about
40 600 from the low point recorded on
November Z. The loan. according to the
current statement. is si97, 5l3.so0. The gain
'or the week, therefore. seems all the more
surprising. The only reason for the gain
seems to be the employment of the large
volume OF money being used in the re-orga
lization and transfer of several OF the
northwestern ard Pacific roads. These
operations call for great sums of money,
md New York offered the most advantage |
Jus market in this connection. The other |
TENS in the statement reveal the effect OF |
he heavy loan expansion. The banks in
,reased their deposits and decreased their
ash holdings, making a total change in
hese two items of ss.O3o0o0. which cores
ponds closely with the loan expansion. Il
s noticeable that the circulation of the
'anks shrunk sharply, bringing the total !
'own 10 Sic. 900. a decrease of nearly 81
.o0 600 since October. AS this circulation
Ias been retired, largely within the past
our weeks. the decrease in cash holdings
nay be due in part TO the deposit of legal
enders with the treasury TO retire the bank
totes. The receipts OF currency for the
vast week have been small and the de-
'rease in tn available cash held by the
lew York banks makes the question OF
'ates Off money an interesting one. Il
loss not seem probable that the current
decrease will have anything like perrnan-
mt influence OF interest rates, the outcome |
depending largely on the disposition OF the
unds now Withdrawn. The cash reserve OF |
he banks is still slgS.7S0,0O0 and the excess
eserve does not indicate either a pressing
l5mand for money or an incentive 70 high
II rates.
GRAIN AND PRODUCE oIARKErs.