The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-04-09

market Tor stocks today over that which
mas prevailed OF late. The market was not
active but there was good buying in many
| STOCKS, and the general list was firm. the
heavy liquidation in a number of stocks
which has been a depressing influence bav-
ing apparently come to an end, for the
time being at least There was dispos.-
tion to feel various points in the markets.
ana where resistance of values was found
'nere was buying of the stock. The gen
erai average price was higher at the close
mat an last nights close. Apparently no
apprehension was caused by the notifica-
ton of the roads in the Joint Traffic assn
cation by the interstate commerce COM
mission calling for information regarding
their contracts. agreements not reduced IN
writing, and rates. II was rather felt thar
ms would serve 10 bring into line the roads
which are not disposed to maintain rates
ana thus serve the same purpose in main
tanning the associations rates as the ives
tern roads seek in agreeing TO inform the
commission of any discrimination In rates
tnat may come to their knowledge. The
srahsers held firm today. being fsvorably
aHected py the recovery in the wheat mar
Net. All showed gains, which reached IL
per cent IN Burlington and l per cent in
81 aPul- The Southwestern shares did not
partake fully in the general Improvement
IN the railway properties. but the indus
trials and specialties must be loowed TO for
the main activity OF the market The coal
ers showed recuperating tendency. New
Jersey Central gamer lls per cent. ana
Lackawanna 2S per cent. the latter on ex,
trenclX limited DEALINGS g.
IL the lead in the market with a third OF
the total sales of the day 10 its credit. The
aggregate of Sugar sales numbered 90 600
shares. These enormous transactions had
no other visible motive than the conflicting
gossip az to whether other buyers and sell
ers did or did not act for inside interests
in their operations. Thrre was a steady
advance under this buying, reaching %
points, to 1liss per cent, at the close A
large part of this buying was said 10 be by
short interests and it had its effect in rails
ing prices in the general list. The shorts
were also in evidence in Chicag go Gas. in
which III dealings were heavy dealers
who sold earlier in the week on professionl
alarm over the municipal election in Chica-
go seeking cover. The stock rose IL per
cent. Local gas stocks were also prominent.
Consolidated Gas gained points and Brook
lyn Union %. per cent on prospective leg
islat.on. Tobacco was Temporarily depress-
ed on a report of cut price for plug to-
bacco by competitor. but inside support
was forthcoming and the stock rallied to a
net gain. Leather preferred was also very
heavy AT the start, but later rose is per
cent with the general improvement. Quite
an active demand for the Gould shares de-
veloped in the last hour of trading and
Manhattan gained II: per cent and Wes-
tern Union Ia per cent. Standard OIL to-
day touched 2s5 on reports OF an intended
increases in the capitalization. Canadian |
Pacific showed an advance of 2i4 per cent |
and Pullman of point. The closing was |
strong and in nearly all cases at the high |
est level of the day.
The total sales of stocks today were 49, |
i35 shares. including: Burlington, 1890: |
Chicago Gas trust receipts q. llo; Delaware |
and Hudson 500; Reading 1900; ST. aPul, |
II 80; Western Union 400; New Jersey ,
Central $500.
The bond market developed a fair de-
gree of activity but changes were unusual
y narrow. except in a few Instances. The
market generally displayer frmness Sales
were S1,Os7OO0.
Governments ruled firm and showed an
improving tendency on purchases OF ST.
90
FOREIGN STOCK MARKETS
New York. April s.-The Evening Posts
London financial cablegram says:
THE reduction in the bank rate OF as
count Ito 2l2 per cent? stimulated the values
IF the stock markets today. Business was
lot actually active. but was better than for
some time past, and prices al the close weer
hear the best. Consols were 1l2 9-iS Home |
'ails were bought in view OF the eastern |
rattle. Argentines are still rising. Ameri-
ans were irregular. but firm on the whole |
n sympathy with other markets, and the
lose was strong az the best. Kafirs re-
NAMED dull because Of the pess.mistic re-
PORTS in the market, which are probably
Bar gold was In strong de-
nand but there Will be practically no sup
lies till tomorrow 10 test the price. Fol-
owing the decline in the bank rate the join:
took banks reduced deposits BY y per cent
There was no further change by discount
Iouses. but reduction IS expected soon.
The Paris bourse opened unsettled. but
losed strong. on the London market. The
Berlin market was steady"
LOANS AND EXCHANGE.
New York. April s.-Noney on call easy
L 1I.42 per cent: last loan IL per cent;
losed offered al 1iza2 per cent: prime mer-
antile paper 3izSri per cent; sterling eI-
hange firmer with actual business In bank
rs bills al sis7G4.s 81. for demand, and at
i.siS& and Sass Cor sixty days; posted rates
is5;. and s4ss1z; commercial bills t4s5; bar
liver s12.; silver certificates ssds25t
Government bonds firm; state bonds dull:
ailToad bonds firm.
BANK CLEARINGS.
New York. April s.-Clearinzs SO 20. E4;i
alsnces ss.Z73. f7s.
Boston. Mass. April s-Clearings sii.454.-
z: balances s.. s2s.I45-
Philadelphia. Pa. April s.-Cles-ings Ss.-
y ss5: balances S.lsS.1%S.
Baltimore. Nd, April s-Ciesrings re-
-: balances Sz5S 81.
Chicago. Ills. April a-CleaT.axs ,i5.s1a.-
IS: New York exchange % cents premium.
'ore.En exchange steady; demand S4s7i.
.xty days SisS
ST. Louis. Mo. April s.-Clezrfngs S.779.-
3: balances ss55.22o; money 5aT Per cent: ,
Jew York exchange - cents BID. % cents
sked-
TREASURY STATEMENT.
Washington. April s.-Tojsy's statement
: the condition o. tae treasury show:
valuable cash balance -. u3.els. god re-
srve sI527,s.zs5.