The Wichita daily eagle., 1897-11-16
STOCKS AND BONDS
WALL STREETS DULLEsT DAY FOR
MANY MONTHS.

Not Even the Professionals Much In Evi
dence and Outside Inquiry 10 Lacking
AItogether-Sugar Furnishes . Iarg,
Part of the Days Work-Treasury'
Rolling on Denmark Sugar-PeopIe'
and Consolidated Gas Are On-Nartheru
Pacific's Strong Showing Dulines
Partly in Sympathy With London.
New York, Nov. 15-Wall street has no
Seen such a dull day in many months
Even the professional traders were almos
out Of the market, and there was absolute
ly no outside inquiry or significance to the
market A large proportion of the days
trading was in Sugar and this stock fel
away at one time 25s per cent, and closed
Y per cent above that. The rally was due
to a ruling by the treasury department to
apply the countervalling duty clause OF
the tariff bin TO refined sugar imported
from Denmark. The amount of sugar
available for import from Denmark is not
in itself large, but the treasury's decision
was regarded as indicating course likely
to be pursued In regard to Dutch refined
sugars, Of which the supply available for
import IS large. This rally IN sugar help
ed the market somewhat and was almost
the only indication of real strength in any
stock throughout the day. In the closing
transactions Susquehanna and Western
preferred suddenly mounted up to 341z per
cent a net rise Of 23s points, and the bonds
OF that company also showed some sharp
gains. No effect was exercised on the gen
eral market by this. Northern Pacific pre-
ferred was relatively firm in the railway
last on account of the increase in earnin gs
shown by its first weeks statement of $685.
6S6, or 43 per cent over last year. Last
years earnings for the same period was
rot large and there was one moro business
day included in the period than this year.
But the showing was regarded as strong
one, nevertheless. Peoples Gas, which was
dealt in ex-d!vidend OF y per cent, was
a center Of depression and closed a point
lower. The coalers were also weak, New
Jersey Central most conspicuousiy, falling
al one time to 45 points, but rallyins a
fraction. Consolidated Gas made one of
Its characteristic sumps of points, to $50
points. This was points lower than the
previous low point Of the present move
ment. The stock rallied 1Is points at the
close. The heavineSs and duuness Of the
market were partly In sympathy with Lon
con, where the price Of securities showed
declines on account Of some apprehension
over European poljtcs due to threatening
conditions on the borders of Turkey. There
was some disappoin crnent over the failure
or the supreme court TO hand down a de-
cision in the Nebraska maximum frei ght
rate case before its weeks recess. Clos
ing prices are considerably above the low
est OF the day in most stocks, but the gen.
eral HIST showed net losses of a fraction
exceeding Il point In most cases Some
selling for the London account added to
the weakness. The total sales of all stocks
was less than 10000 shares, of which Su-
gar contributed almost one-fourth.
The total sales of stocks today were 49,
600 shares.
The bond MARKET was dull but prices
were firm. Total sales were 8, ,325, ,ooo
United States fivea coupon, were II per
cent bid New fous. registered, and cou-
pom, i2T&: Soure. registered, u2H: coupon,
uSs.; seconds, &1f; fves registered, and
FOREIGN STOCK MARKETS.
New York, Nov 1.-THE Evening Posts |
London financial cabiesran says:
THE stock market was quiet today ex- |
cept for the rise IN one or two special |
Rhodes-an mining shares. Investment |
stocks remained steady. Americans OPEN |
sd good and then gave way a little as New |
York was apparently awaiting the decis- |
on of the Nebraska rate question. They |
closed lower but with a firm undertone. |
Grand Trunk steadily rose for reasons pre-
ttously stated. The buying is still of good |
character.
Spanish stocks were better Nothing |
definite Is really known about the rl,mored |
Spanish loan
Money Is easy but uncertain Large |
Eums have 70 be repaid to the Bank Of Ell |
gland in the next three days.
The Paris and Berlin markets were |
quiet"
LOANS AND EXCHANGE.
New York, No. 15.-Monsy on call non1i-
nal, at 11262 per cent, Prime mercantile
paper, Si9d41A per cent. Sterling exchange
steady with actual business in bankers
bills at s4s5I<d4. S5& for demand and at
t. tSS13a4s3a4 for sixty days. Posted rates,
a sSi1 a iSS55; commercial bills. S4S2; silver
57l7G5SI2. Bar silver, SIS; Mex
can dollars, 45Ikc
TREASURY STATEMENT.
Washington, Nov. B.-Today's statement
If the condition of the treasury shows:
cash balance, s2O3, $50, ,S64: gold re-
serve, S155.els,21 |
NO BETS ON THE FLOOR
New York. Nov. l5.-Notice was posted
,n the floor Of the stock exchange that the
governors here declared that the making
)r offering TO make a bet on the floor Of
he exchange is an act detrimental to the
This. il is surTnised, VIII oblige
brokers' Of sporting proclivities 10 retire TO
he loungiag or smoking room OF the ex-
mango, when making bets on elections, |
aces or football matches.
MONTHS EXPORTS AND IMPORTS.
Washington, Nov. l5-The monthly state
nent OF the imports and exports issued
" the bureau Of statistics shows the ex-
'orts Of domestic merchandise during Oc-
ober last 10 have amounted 10 Sl09, ,5SS. .S4e,
loss Of nearly s2.5o0oOo as compared with
october. 1895. The imports OF merchandise
uriug October are shown 10 have been
Ie. .96e, ,S13. Of which s24, SS4 SSS was free OF
,Ity. For the last ten months a gain of
IS, ~, 702 Is showen over the correspond
ne period las; year in the exports of mer-
handise and a gain OF S6l,555.273 in the
IMPORTS.
During last October the exports Of gold
mounted 20 S3l0.6l6. and the imports 10
j. $40. $50. The silver exports during Octo-
er aggregated S5.225.Si2, and the imports
! .6el. .66l. In October, 1886, the silver exports
mounted to sL79i.SS9, and the imports
a93, 40.
GRAIN AND PRODUCE Markets /
CHICAGO.
The following official range OF prices on |
- nN-R At 70 - 80. I
d by the Chr.stie-Street Commission Co.
Snsri Of Trade Rodal. Se5gMick Rlnck |