The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-03-11
STOCKS AND BONDS
MICAWBEL'S SPIRIT rs HAUNTING
The SHARE MARKET.

| nj SdAHb MAhAhIs
All But the Buoyancy Of II, That l.; for
Even Favorable Features Are to Grea,
Extent Overlooked In the Waiting Until
Whatever MAY Eventually Turn Up
Shsll Do So Definitely and DecisIvely-
Many stocks Record Not Single Trans
action Close Firm at Slight Improve
ments-Bonds Firm London Doll.
New York, March 1o.-The stock marker
occupied position today similar to that
| Of Micawber In his expectant moods. ex-
oept that there was notable lack of the
jaunty and buoyant confidence which
would have made Mr. Micawber a bull in
| Wall street on the slightest provocat.on.
! Wall street. on the contrary, has been de-
ternlined TO take no notice OF very many
| favorable factors IN the general outlook,
| and TO insist on definite knowledge on one
or two subjects in the immediate prospect
before buying stocks with any great en-
| thusiasm. One of these subjects is the
/
| to WHISTLER they VIII agree or disagree on
| tie disposition of Crete and its inhabitants
Although q much better tone was reflected
| from the European exchanges today the
dealers here apparently fear that there IS
| still further material for damage Of values
in the situation, and the market was even
more restricted than of late. Barely 5000
| shares changed hands today, and of these
| nj n Nd IT,
! 5acco stocks. There were wide gaps in the
| Est, showing stocks in which there was not
a single transaction of business to record.
| On the anthracite coal groups there was
not a single sale in any stock but New Jer-
sey Central and Reading. The international
shares were slightly higher in sympathy
with the London market, but apparently
had no effect on the list. The declaration
Of several dividens, usually calculated TO
give tone to the market, passed without
notice. Encouraging reports Of the current
earnings OF railroads and the prospects for
traffic were equally without effect on the
stagnancy OF the market, except in very
slight degree on the grangers. Omaha
showed some erratic changes, with an
easier tendency. Tobacco was most large
ly dealt in OF the stocks, and rose strongly
2ss per cent. to 70 per cent, the preferred
gaining ~ per cent and the script per
cent There was no explicit information to
account for the rise. Rubber developed q
marked reacHonary tendency In the late
session, reced.ng "a per cent for the COM
mon and SO per cent for the preferred, the
former subsequently regatning the fraction.
Sugar moved narrowly on lighter transac-
tons than usual Manhattan lost slightly
and Western Union rose * per cent. part
ly on the publication Of the quarterly re-
port and partly on the apparent effort q
adjust the relative price of these stocks to
the new per cent basis for Manhattan TO
per cent for eWstern Union. The changes
in the railway list were Insignificant. Slight
gains were recorded. Missouri Pacific lost
III per cent on an unfavorable interpreta-
ton OF the annual report. Consolidated
Gas, Pullman and New York Central each
gained per cent. The market generally
closed firm at slight improvements.
The total sales of stocks today were go
$50 shares. including: American Tobacco.
g, 7oo; Manhattan Consolidated, 500; Mis-
souri, Pacific, 500: st. Paul. 1900; New
Jersey Central, 5000.
The bond market retains considerable
frmnoas despite its extreme dizziness. the
transactions today only agsregating $751;
COO.
Governments were dull. with the old IS
coupon stiffering slightly.
STOCKS LISTED.
New York, Mach l0-The governors OF
the Stock Exchange today recommended
the following stocks to be placed on the
regular list Of exchange: Atch;son, To-
peka and Santa Fe railway, sao3. 600 OF gen.
eral mortgage Per cent In0-year gold
ID ro,EI
way company general consolidated and Isl
mortgage per cent bonds; Jefferson and
Clea-feld Coal and Iron company stock
and bonds amounting to s4,561,o0o. and
Grand Rapids Gas Light company first
mortgage per cent 0-year gold bonds.
and s., 900, 900 capital stock of the same com
pany.
FOREIGN STOCK MARKETS.
New York March 1o.lThe Evening Posts
London financial cablegram says:
THE stock markets opened dull today. al
though no business was done except by
professional operators, the tone was bet
ter all around. the bears covering and the
prices at the finish were at the best Con-
soils were 1121s, buyers. Kaffirs spurted
largely. but squirt in that direction by no
means necessarily implies more peaceful
prospects in South Africa. Americans are
steady. There was no business in them,
but the holders appeared confident of
moderate rise. The settlement commenced
today shows small account and easy
money Contagoes on Americans are &C !
81. per cent. The Partisan and Berlin mar.
kest were unsettled"
LOANS AND EXCHANGE.
New York. March I0.-Money on call nom |
inally 11ad12, per cent; prime mercantile |
paper 3G4 per cent; sterling exchange low |
sr, with actual business in bankers bills at |
ST. S7G4s7L for demand and at As51z a So. |
for sixty days: poster rates 64.S514s61k and I
& sSis; sllsSr certificates s3S. Q64; bar silver.
So: Mexican dollars 49S.: government !
bonds firm: new as registered 1874: cou-
pom 123iz; 5's registered ia: As registered |
III: coupon 1l3is; 2's registered ESD; Pacific /
IS of go, 1851.
BANK CLEARINGS.
Philadelphia, Pa, sa.SSs,7s1; balances 81
SO, 35I.
Baltimore. Nd. March 1o.-Clearings S.
1853; balances S75.12a
St. Louis, Mo, March io-Clear.ngs 81
Il, 2I7; balances s5S.9s5; money SAL per
.crt: New York exchange . cents discount; /
BID; par asked.
TREASURY STATEMENT
Washington, D. C, March Ia.-Todsy-s
statement OF ire condition OF TIE treasury |
shows: Available cash balance 81, So, is;
,o'6 reserve $50 81. 80.
I