The Wichita daily eagle., 1897-04-22

poets the War to be Brief.
New York. April 21.-The European
war situation continues 70 largely dom
mate the course OF the markets for
STOCKS here. as was shown by the quick
adjustment 10 the London parity in the
quotations at the opening. The day was
without special developments otherwise,
| outside of special movements in individ-
| ual stocks. London showed further
! fractional advance for American Sc
curities, and this was probably due in
part 10 ire fact that yesterdays London
| prices were somewhat depressed by the
/ excessive depression existing in New
York on Monday. Prices for Americans
! continued TO improve in London during
1 the day, and there was some buying
! for London account here. The result
/ has been that prices here have recover
| ed me loss sustained on Monday and
are very generally above Saturdays
! close, to the extent OF varying frac-
ton. Trading was dull today. however.
| outside OF some special cases, dealers
| having apparently been convinced by
/ their experience of Monday, when they
| acted without any foreign exchanges TO
| take their cue from, and largely over
! sold the market on the war news, that
| they did not understand much about the
| eastern question, and that they would
prefer 10 await a clearer comprehension
before buying or selling further. The
| impressiveness Of Mondays experience
was demonstrated by the small dealings
! today, by the narrowness Of the fluctua-
tIons. and by the close adherence 10 the
| London parity in the price of the inter-
national shares. The total sales for the
day were less than 100000 shares. A
notable point in the days market for
stocks was that il moved in harmony
with the wheat market, though within
narrower range. This was contrary 20
the tendency hitherto shown ever since
the beginning of the present war scare,
and was perhaps due in part 20 the in
fuence of domestic crop conditions on
the wheat market. The days gains in
:he railway list generally were ccnfined
to fractions. In the coalers some larger
gains were noticed, due in some measure
to manipulation to pinch the shares, but
Influenced also by reports OF plans for
more economical marketing of the coal
output
In the grangers, Burlington crossed St.
Paul and ruled a fraction higher during
the day. There were some erratic move
ments in Illinois steel, which broke 3ss
per cent, and rallied 2 per cent. On the
recovery it jumped once a point and
again 12s per cent on successive sales.
No news was forthcoming regarding the
property. The local gas stocks also
showed some very erratic variations, on
conflicting reports from Albany. but
closed with net gain of per cent for
Consolidated Gas and IL per cent for
Brooklyn Union Tobacco was weak ear
~ in the day. on reports of opposition
projects, but closed with an improve
ment OF Il per cent. Leather preferred
was exceptionally weak, and ended with
loss Of 11s per cent, in spite of occa-
sional weak rallies. Sugar gained Is
per cent on published reports of steps
being taken TO secure control of the beet
sugar output. Chicago Gas, after num-
erous fluctuations. closed with a frac-
tional gain. A bid Of 315 was registered
for New York and Harlem. against the
last previous sale of 800 per cent The
stock closed al so per cent bid and 800
per cen; asked.
TIE total sales of stocks today were
1?5.601 shares. including: American To-
bacco $500; American Sugar 26,5OoO;
Burlington 1850; Chicago Gas 1920;
Delaware and Hudson 400; Louisville
and Nashville 1O.60O; New York Central
$500; Reading 1860; ST. Paul 1900:
Western Union 400: New Jersey Cen
tral 14.1OO; Silver certificates 5000.
The bond market ruled firm and higher
win lack OF feature in the prominent
issues. Among the fnactive liens some
noteworthy variations occurred, includ-
ing Lehigh and Wilkesbarre consols,
which rose per cent, 10 90 per cent.
Hooking Valley fell 212 per cent. Trad
ing was less active but more general
variety ot Issues were dealt in. The ag-
gregate sales were 1884 600.
Government bonds gained slightly OF
purchases Of SS1. .0O0
FOREIGN STOCK MARKETS.
New York. April 21.-The Evening Posts
The pronounced Turkish victories in
creased today and the stock exchange be
lcf that the war VIII be short and hence a
sharp rise in all stocks. consols leading.
with the close practically al the best. Very
Little business was done but al the moment
the tone is confident and hopeful; lot the
least so with Americans. which closed at
the best 1t .s rumored that a largo block
Of Louisville and Nashville viii have to be
sold by executors. 1 can ont IN the isast
confirm the report: OF the contrary. Louis
vile and Nashville was especially IN de-
mand today. The Turkish securities have
r.sen sharply. Another feature was very
sharp rally in Kaffirs. Moreover, big Afri-
can millionaire houses. as also Paris. are
buying again, but there is no puol.c sup
port as Yet. There VII be no direct boat
10 Japan until May. hence the delay IN
further Withdrawals % god from the bank
l. Is believed here that the rise az the price
a. wheat. and the New York sale q ex-
-haESe. may check s-id shipments from
The United States. The Berlin market was
steady. The aP-is boarse vas soo5. fea-
t1res beng a rise n Turkish securities.
Ottoman Banks and kafi.rs-'
LOANS AND EXCHANGE
Nex York. April 91.-Noon-sIoney o. cal
no1-1ally II Tliz Per ceu'+ prime Eerc7l-
,.nle paper sizGf Per cent; sterling ex.
change easter. with actual business r
snkers bilis a. = SS,. for demand ard a.
s. St;-Ga4 for sixty days: posted rates siS'z
~ Ss-el4ss: coume1c-aI bis 81 s51si -. 81
yer certificates, s2Gs4iz; a2r silver. = i5-is;
Mexican dollars. ass government bonds.
frnn: new fours registered. x: coupoa. Ia:
rvss registered. ia: coupon. IL; toGrs
registered. II: coupon. 1Izis; tEos register
zi es1a. aPcidc ssxes of q. iDsis
BANK CLEARINGS
Pnia5 eiph5s. Pa. April -2--<learinEs -