The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-01-26
STOCKS AND BONDS.
SiARE MARKET SHOWS Extra
ORDINARILY LITTLE BUSINESS.
Opening Weak and Lower, Owing to Lon
Exchange Reduction and shorts Cover
Ing Turns the Tide - Bears Attack the
Anthracite Coalers and the Eject Ex-
tends to the General Lis.-Chicsgo Gas
Takes a Rise hallway Bonds Generally
Well Heid-Foressu Markets

Well Heid-ForeiSn Narksta
New York. Jan. Zone of the lowest
records OF business recently established
was made today in the stock market. The
anthracite coal stocks exerted decidedly
unfavorable sympathetic influence upon the
general list. The market opened weak
and generally lower. under the news OF
| unsatisfactory London prices for American
securities. The announcement of re-
duct:on in bot.i actual and posted rates OF
sterling exchange. however. and covering
of shorts soon checked the reactionary ten
dency and caused a general advance. The
anthracite coalers had been conspicuously
heavy, but also figured prominently in the
rally, particularly Delaware and Hudson
and New Jersey Central, which gained IL
per cent and per cent respectively. Bust
ness was in small volume, and confined to
the Leading properties. TRAILING after the
first hour became intensely dull. with the
prices showing a disposition to sag on real
iZations and bull sales. The expectation
of more favorable comparison OF rail-
road earnings had previously strengthened
the railway list, and ST. Paul improved
fraction, despite decrease for the th:rd
week OF SSS64. and sales by the arbitrase
houses. Consolidated Gas rose per cent.
10 1872 per cent. There was no news bear
ing upon the property aside from the re-
election OF the old board of directors. with
two exceptions. Later bear operations
against the Anthracite ccalers increased
forcibiy, based upon the expectation of I'M
favorable annual reports of the Delaware
and Hudson and Lackawnna 20 be made
public this week. The first mentioned drop
ped 22s per cent, and the last 2i2 per cent,
while New jersey Central suffered 10 the
extent OF 3Is per cent. The continued I'M
favorable conditions in the anthracite coal
trade and popular outlook for business fact
Inflated the work of traders IN depressing
the prices. The Changers. general rail-
road list and industrial stocks. were SYM
pathetically depressed fractionally. The
closing was weak at general fractional net
losses
The total sales Of stocks today were i22.-
179 shares including: American Tobacco
5000; American Sugar 2o,1oo: American Su-
gar preferred 400; Burlington and Quincy
l5.40o; Chicago Gas loo; Delaware and Hud
son 800; General Electric 6.200; Reading
11.500; ST. Paul 3,ac0; Union Pacific 400;
New Jersey Central 3.100
Railway bonds were quiet but generally
we'll held. aside from the Hooking Valley
issues, which sold off on the depression in
the b;tuminous coal trade. The skies de-
clined 2 per cent. TO 70ia per cent. The sales
were s, 063,Oco.
Governments were strong. the new As
coupon rising to 1eS per cent on the pur-
chase of a block of $4,000. The aggre-
safe sales We're sl17cO0.
New York. Jan. 25.-The Evening Posts
London financial cablegram says:
THE stock markets were quiet and fea-
tureless today. Consols were easier. which.
considering the ease in money was rather
a surprise. The decline in New York ex-
change. however, is said to have affected
them. Japan continues 10 absorb gold
American bonds were steadily bought. but
shares were neglected and the change,
based entirely on the New York market,
The aPris bourse was unsettled. Tin, cop
per, mines and Peruvian corporation shares
furnished the only active market. The Ber-
lin market was firm"
FOREIGN STOCK MARKETS.
London. Jan. 25.-Closing-Consols for
money liz 5-16; for the account 1928: Cana
dian Pacific 55Ss: Erie seconds 30: Illinois
Central 81: Mexican ordinary 23j2; St Paul
common 775s; New York Central 81; Penn
sylvania 53ss; Reading 49,; Mexican Cen
trail new As 20: Atchson l424.
Bar silver 29Szd per ounce; money 1Glis
per cent. The rate OF discount in the open
market for short bills is "a per cent; in the
open market for three months bills pa per
cent.
London. Eng. Jan. 5--Gold is quoted at
Brenos AyTes today at 1850; Lisbon, S2'.;
Rome 1o4 BIZ.
Paris, Frs nee. Jan. 25-Three per cent
rentcs 1o2f65c for the account; exchange on
London 25f20i5c for checks
Berlin. Germbany. Jan. 25.-ExEchange on
London eight days sight 2On37pfgs.
LOANS AND EXCHANGE.
New York, Jan. 25.-Money on call easy
closed offered 1IzG2 per cent; prime mercan-
tile paper 31z04 per cent; sterling exchange
" eak. with actual busienss in bankers bill. |
at 81. s6i4 "a s6as for demand, and Al ISi4L |
4 s4ia fer 50 days; posted rates A.S9ISi1, |
and Ag7izd4. SsI2: commercial bills AS3; ST. |
Yer certificates 65L bar silver SIS
BANK CLEARINGS.
New York. Jan. 25.-Clearings, So. 5sS SIS; !
s5,34s. 400.
Boston. Mass. Jan &.-Clearings, 81 02o,- |
o56; balances. 81. ss1,7 80.
Philadelphia. Pa. Jan. 25.-Clearings, S. |
s72 SIS; balances. S1,3os Sc.
Baltimore. Md, Jan. 25.-Cl.arinss, 81 |
GS, 707: balances, SS26.7s0
ST. Louis. No. Jan. 25.-Ciearings S5.015.- |
1S2; balances, Sc, Gl2; money 7dS per cent. !
New York exchange sc discount bid; par |
asked.
TREASURY STATEMENT.
Washington D. c. Jan. 5.-Todsy's state
ment OF the condition OF the treasury /
shows: Available cash balance So. 20, ca;
gold reserve sl43 20 a.