The Wichita daily eagle., 1897-09-03
STOCKS AND BONDS
WEDNESDAYS TRICK Is AGAIN
SUCCESSFULLY PLAYED.

vanderbIlts This Time Selected for Show
Purposes and Ara Run Up. One After
Another While Realizing In Other
Properties is Going on on the Strength
Thus Impaired aud Under Cover of the
| Display Advances-Net Changes Mixed
Grangers, Among Others, showing Net
| Gains on the Day-Bouds Less Active
New York, Sept 2.-The character of
today's stock market was very similar
TO that of yesterday, individual stocks
being rushed to a higher level to stimu-
late and sustain the market while real
izing was effected In other parts Of the
list. The Vanderbilt stocks were Sc
lected today for manipulation and the
| price feach member Of the group was
successfully raised while in the stocks
recently favorites in the speculation
heavy offerings were made to realize.
The success of these tactics Is shown by
the small decline in the general list The
manipulation for rise was not in evi-
dence at the opening. Sugar being sub
! jected TO a raid which carried it down
nearly points. Omaha also opened
points below last nights close and Mis-
souri, Pacific was down nearly a point.
Later in the day Northwest was taken IN
hand and rushed up TO 127 1-2 per cent,
jump Of points. Other advances in
the Vanderbilt group were: Canadian
Southern 4 1-2 per cent; Cleveland Gin
cinnati, Chicago and ST. Louis 3 1-8 per
cent; Michigan Central 2 "a per cent;
New York Central l 5-8 per cent and
New York Central and st. Louis stocks,
the common rising nearly 2 points, the
first preferred Al 1-2 per cent, and the
second preferred 8 1-2 per cent. Chicago
pathy, but as It Is one Of the stocks
which has been heavily bought in the
recent speculation, it was subject to
pressure by realizing offerings. Coinci-
dent with the buoyancy in the Wander
bits, the grangers and the active rail-
ways sank TO the lowest Of the day,
Rock Island, st. Paul, Burlington, Mis-
souri, Pacific, Atchison preferred, and
Northern Pacific preferred being all
notably affected, the first named to the
extent Of over a point. Later in the
day these stocks recovered somewhat
from the lowest and the Vanderbilt
stocks, except New York Central, de-
clined very materially from the highest.
There were other stocks which showed
special strength all through the list es-
pecially among the industrials. Chicago
Gas touched 105 "a per cent a new high
record, but reacted a point Pacific Mail
rose PA per cent, but reacted rs per
cent, Western Union was also active and
strong. Other notable gains were: St.
Paul and Duluth preferred, Pullman and
Chicago Great Western preferred points |
or over; Rio Grande Western 9 "a per
cent Colorado Fuel. Flint and Pere
Marquette preferred and Minneapon
and ST. Louis second preferred 2 points |
or over, and Cotton Oil and Oresan |
over point. Hooking VAL |
ley preferred lost per cent, Metropoli- |
tan Traction a point, and Canadian Pa
cific point. The net changes are mix
ad, the grangers and some others show
ing small gains and many active rail-
road shares losses.
ne toldl safes or stocks TO-DAY were |
619,614 shares.
BONDS.
There was some falling off In the activ-
'fy IN the bond market. but prices were
steady. The total sales were 81, 700 600
Government bonds were steady: total
sales $4,000.
LOANS AND EXCHANGE
New York, Sept. money on cal,
oominally 1-491 1-2 per cent: prim,
mercantile paper S1-2941-2 per cent.
sterling exchange firm with actual bus,-
ness in bankers bills at 81. s5 3-4 for de-
nand and at s4S3 ga for sixty davs.
posted rates A.s41-2G4. 4.S51-2 and
a. IS 1-294.s7; commercial bills s4.s21-a
silver certificates 5o952 34: bar silve,
j S-S; Mexican dollars Al. Government
bonds strong, new <olrs regular 125 "a
coupon l25 "a; ives registered 1133-4
coupon lib "a; fours registered III "a.
'oupon ll3; twos registered 971-2 Pa
'ific skies OF 'sS, 1o2.
ID