The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-01-07
STOCKS AND BONDS
CUBAN INDICATIONS ENCOURAGING
TO The TRADERS.

Cameron Resolutions Taken for shelved.
for the Time, at Least, and the Pros
poets for Peaceful Eventuation of All
Difficulties Taken for Granted. and
LivelIness Springs Up at once - Gran
gers, Southwesterns, Anthracites and
Consolidated Gas Advance. on Earnings
and Dividends Foreign Stock Markets.
New York, Jan. s.-The general market
during the forenoon displayed increased
strength and greater degree of animation
than has been recently noted, partly owing
to what was regarded as the virtual shelv-
ing of the Cameron Cuban resolutions. The
prospect of a peaceful settlement. thus
taken for granted by the traders, caused
more cheerful sentiment, which was re-
nected in a wider distribution of business
at advancing prices. The dealings included
a number OF the usually inactive stocks.
The specialties were subjected 10 consider
able manipulation, and the more favorable
character Of the railway returns encourag-
ed operations In the grangers and south
westerns for the long account. The traders
DIS, garded lower prices for American Sc
curiues in London, and some selling for
that account here worked against the shorts
IN some of the stocks that have recently
displayed the greatest heaviness. Consol-
idated Gag was advAnced 31s per cent. to
245x per cent, on the suggested probability
of the agitation for 81 gas giving place to
measures providing for a gradual moderate
reduction in the price, covering a period of
several years. Long Island jumped per
o;pO ri
ing the payment of a dividend this month.
The anthracite coal shares were actively
dealt in at advancing prices. Delaware
and Hudson. particularly, rose 1Z per cent,
D 12lZ per cent, on rumors that the per
cen. dividend rate would be maintained.
The action Of the directors in reducing the
1887 disbursement to per cent was not
announced until near the close of business
and caused a temporary decided revlusion
of sentiment, affecting also, the general Est.
Delaware and Hudson fell 81 per cent, to
ll2ls per cent. and the general list yielded
sniypathetically, but became less active on
realza tons. The market closed weak at
Sigh. net changes n either direction.
The total sales of stocks today were 49,
6o9 shares, Including: American Sugar 22,-
2G0; Burlington 1890; Chicago Gas $500; |
Chesapeake and Ohio 800; Delaware and |
Hudson 1880; General Electric 5000: Louis |
VILE and Nashville $780, Reading 6.7O0; ST. |
Paul, 10, 700; Rock Island 310O; Union Pa |
cific 9.100
Business in railway bonds was on larg- |
er scale than for some time, and a general |
in provement occurred. The market show |
ed a broadening tendency and investment |
hoUses repoI 4 a brisk demand for h:ther- |
to neglected 0onds. The sales were s1,451,-
003.
ii;
chases of $4,000
FOREIGN STOCK MARKETS.
New York, Jan. 6-The Evening Posts |
Lordon financial cablegram says: The |
stock markets were better today, consols |
leading the advance but little business was
done. Americans were good chiefly on
NeIv York buying. There was some insur-
ance Office buying of the better class of
bcnds, but the buying of shares here is
very slight. Brazils were good, on the be-
Eef that the arrangements about leasing
the railways will soon be carried through.
With regard to the sale by the Bank of |
England, some two months ago, Of the new
American loan, it is understood that the
amount, namely O0,00O pounds, was paid
for IN sixty-days drafts. If So their ma
tur.ty few days hence means the trans
fer OF that amount from the market to the
rates The Paris and Berlin markets were
steady.
Lnrdon, Eng, Jan. 6.-Gold is quoted at
Buenos Ayres today at 1865; Lisbon 39Js;
Rome 1910. Amount of bullion Withdrawn
from the Bank of England on balance today |
go pounds. Bar gold is quoted at 77s 1O1sd; |
eagles at 76s sgd.
Paris, France, Jan. 6.-Three per cent |
re1'tes 1d2f 52lAc for the account. Exchange
on London 25f pc for checks
Berlin, Germany, Jan. 6.-Exchange on
Lohdon eight days sight 20 marks IS pigs
LOANS AND EXCHANGE.
New York, Jan. 6.-Noo-Money on call,
1872 per cent; prime mercantile
paper 31sG4 per cent; sterling exchange.
strong with actual business in bankers bills
1t A.S6l ag;4sSa4 for demand and at 81 S31aB |
$50 for sixty days; silver certificates 63@G
81; no sales; bar silver 6is.; Mexican dol
ars 50szc.
BANK CLEARINGS.
New York, Jan. 6.-Clearings SIP, 134.e52;
balances 1899, GA
Boston, Mass, Jan. 6.-Clearings SIG. DO
81: balances S2,S795O4.
Philadelphia, Pa Jan. 6.-Clearinys Sill
20, 1868: balances 81, 059.52s.
Baltimore, Nd, Jan. 6.-Clearings ssO3o
So: balances s257, 3S2. 4,
st. Louis. Mo-, Jan. 6.-Clearings STA
Us; balances SS5s.sS7. Money sac per cent.
>ew York exchange par bid; 25c discount
sked.
TREASURY STATEMENT.
Washington. d. c., Jan. 6.-Today's state
nent OF the condition of the treasury
hows: Available cash balance s22s. is. Os5.
old reserve Sl3s. 80, So.
,