The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-11-05
STOCKS AND BONDS
LARGER BUSINESS AND NO SUCH
DECLINES AS WEDNESDAY.

Lquiootiou Heavy But Encounteffu&
Firmer Resistaucs-Gener.l Course
Downward But interrupted By Rallies
Days Bcst-Havereyer's More Favor
able Coalition Helps Sugar and,
Through 1t, the List-Railway Shares
Also Assist In Bracins Up the Market.
New York, Nov .4-Today's business
on ne stock exchange was larger than
that Of yesterday. but the losses in the
! prices quoted at the close are nowhere
so large as those OF yesterday. Although
| the liquidation has been heavy, large
blocks Of stock being thrown on the mar
ket, there has been support for for,hcom-
ing at the decline Although the general
course OF t1e market was downward, the
course was constantly interrupted by
rallies, and as one Of these periodical re-
coveries came in the last half-hour OF the
trading, the days ne, declines are small.
| except in some Of the less active stocks.
! Prices for American securities received
| from London al the time OF opening here
showed recoveries OF a fraction ell round
| and the opening prices here were advanc-
I ed 70 the London parity. which was al
| che highest prices OF the day on the local
exchange. Reaction soon set in and
Sugar showed signs OF continued weak
ness. Later in the day an authorized
statement reporting satisfactory prog
ress toward recovery from a surgical op-
Grafton by the president CT the company
steadied this stock and eliminated one
Of the principal elements o. the weak
ness iE the recent market. Many OF the
standard railway shares showed firm re-
siStance to the downward tendency all
day and helped the tone Of the general
market. The coalers showed some re-
covery from yesterdays weakness. Ar
bftrase brokers bought stocks in this
market for London account, but this was
probably to cover selling contracts made
a. the early hibher level in London New
ertheless. it held TO counterfeit the weak
ness in the local market Traffic returns
from railroads were another favorable
influence, Missouri Pacific showing an
increase in earnings Of s165.000 for the
fourth week in October. In the case OF
the grain-carrying roads. last years Oc-
tober business ives very large, thus MAX
ing this years comparison less striking.
Consolidated Gas declined today 3 IA per
cent; Pullman 1-2 per cent and Sugar
preferred IA per cent.
The total sales Of stocks today were
$780, 200 shares.
BONDS.
l. l. 49, -. <-S1 ,l-
and showed declines TIE total sales |
were s1.450,000.
United States old tours registered and !
the new fours were advanced Is per |
cent bid. New tours, registered and cou- |
pom 127 SIS; tours 11S: coupon ia; two5 |
SO 1-2: fives. registered and coupon ia ga |
Pacific skies Of sc, 102 3-s.
FOREIGN STOCK MARKETS.
London, Nov. 4-The market for Amer
lean securities opened easier. then inn |
proved, but gave way again, owing to the
inactivity Of operators The close was
barely steady. with a light demand.
New York. No. 4.-The Evening Posts
financial csblegram says
The stock markets were again stag
nant today until near the close, when
there was a generally firmed tone. West
americans opened lifeless and dull
then hardened on New York prices and
finally closed easier again.
"Consols touched 11oi5 per cent and then
gave way on sales OF bar gold by the
Bank OF England for Germany.
The Paris bourse was good and the set
Element Is passing off satisfactorily. The
Berlin market was weak"
LOANS AND EXCHANGE.
New York. Nov. 4.-Money on call easy
at 1lsG2 per cent; last loan, 2 per cen;
closed 112G per cent: prime mercantile
paper. $685. per cent Sterling exchange
steady, with actual business in bankers
bills at s4.S5ls for demand. and siea4 for
sixty days; posted rates si.s3a4. s31z and
81. S6I4 s6ik; commercial bills. ssIs4. Silver
certificates 1851 barsilver. 5Sa4; Mexican
dollars, 43c.
TREASURY STATEMENT
Washington, Nov. 4.-Today's statement
of the condition Of the treasury shows:
Available cash balance. 500. 800. 54S; gold
reserve, s15i.O34,3l2.
STANDARD OIL DIVIDEND.
New York, Nov. 4-The Standard Ool
company today declared the regular quar-
terry dividend of 3 per cent and an extra
dividend OF per cent.
HAvEMEYER'S CASE.
New York, Nov. 4.-There was a break
in the price Of sugar stocks on the stock ,
exchange on a story that Havemeyer was
very i'll. The treasurer OF the company.
John E. Searles, this morning made the
statement:
MI Havemeyer was AIKEN IL al his res
dence on Monday last. There was q con-
sultat:on of physicians who pronounced his
trouble appendicitis. An operation was per 8
formed on Monday night Il was entlreIy :
successful. and Mr.. Havemeyer * now :
1olng splendidly. The report from his .
physicians this morning IS that nothing