The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-04-25

with quiet general business transacted ip
the usually neglected issues, In which note
worthy variations were mainly registered
Prices were fairly well sustained for the
leading mortgages, and ma :erial harden
ing occurred in the bid quotations for the
gilt-edged liens. Purchases for inyestmen;
interest were recorded in the standard prop
critics, and some round amounts OF the low
priced bonds were taken for speculative
accounts. Values of the most active lens
are but little changed as a result Of the
weeks operations. The aggregate sales
were $685., 900. The principal declines were
Hooking Valley SIS. 5 per cent; Wabash rs,
Detroit and Chicago extension a.. per cent;
American Spirits S's, ~ per cent; Tennes-
see Coal is, Tennessee division, and BaIti.
more and OhioS outhwestern rs, 81 per
cent, and Burlington, Iowa division, SIS,
and Toledo. Peoria and Western rs, 3 per
cent. Advances: Lehigh and Wiikesbarre
consols. si3 per cent; Cincinnati. Sandusky
and Cleveland Is, per cent, and Missouri:
Pacific consols SIS. per cent.
Business in governments during the week
was extremely light and fluctuations mar
row, with good undertone. The new IS
we're more extensively traded in, but moder
ate purchases were also noted in various
ether issues.
Silver certificates rose 10 6css per cent on
purchases OF 5000 ounces. but subsequently
receded below last weeks close on the bid
quotations.
FOREIGN STOCK MARKETS.
London, Eng. April 2i-The stock mar
ket ruled dull and prices varied little all
day owing TO the inactivity of operators.
Trading was generally light.
New York. April 2i-The Evening oPst's
London financial cablegram says:
THE stock markets were inactive and
featureIess. with the tone distinctly dull or
the threatened complications in European
politics. .Today's withdrawal Of gold Is
for Japan. The continental exchanges
show little or no change, but are trife
frmer. The strength of the London dis
ed the offering of New York drafts. which
are not rendered above IL per cent
WEEKLY BAN KSTATENENT.
New York, April oi-The weekly bank
statement shows the following changes:
Reserve. increase s.. 2e1, 600; loans, increase
sS59.Oo specie, increase sis,soO: legal ten
ders, increase 1898, 600; deposits, increase
S,s25,o00; circulation, decrease $500 The
banks now hold si9, 81, 800 in excess of the
. per cent rule.
New York. April 2i-The Financler says:
The New York banks made heavy gains
from the interior last week. Deposits show
the largest increase reported for weeks
past. The total deposits in fact, have been
exceeded only twice during the present
year. A noticeable feature of the state
ment is an expansion of sS59co0 in loans.
which comes after period OF five weeks
decrease in this item. The loan account
is still $3.50, coo under the high mark at
tanned March %. but in view Of the season
and the changed circumstances of the
money market, a further expansion would
not be surprising at this time. The opera
tons OF the week have increased the re-
serve Of the banks g. a9l, COO. the total stand
ing at $50. PSI. 900, which is the largest amour
Of idle money reported by the banks for
over year rast. II will require q con-
revival in trade TO reduce this
heavy excess to normal figures. but the
important NOV ement Is reaching volume
that may nave an influence on the market
within short time. The total of imports
OF goods az reported by the New York Gus
tom house for the week ending Saturday
was Sl4,G52,566. a gain of s5JC0.o00 over the
corresponding week last year. OF the total
imports over three-fourth was IN dry goods,
sugar, wool, and other goods rushed into
the United States in anticipation of the
passing of the new tariff bill. The ex-
port movement for the week showed a
slight gain, but nothing to compare with
imports, and as this ratio has been main
tanned for several weeks, the chances Of
gold exports are increasing in proportion
to the adverse trade balances thus created
Boston also reports excessively heavy I'm
ports of wool. and II the imports continue
the money market may find relief In the
of specie abroad.
GOLD ORDERED FOR EXPORT
Washington. D. c., April A.-The secre-
tary of the treasury today received a tele-
gram from Assistant Treasurer Jordan, at
New York stating that s977 900 in gold had
Teen ordered for export. This IS the first
of any considerable amount
since July y, 1896. when 5000. 600 was with
irawn, the last of a series of heavy ship
nents extending through a number of
months. Today's order has been antici-
pated for a number of days. Sterling ex-
change having been dangerously near the
shipping point. The treasury officials are
not disturbed, and do not anticipate any
general gold export movement. In any
event, they say, they are perfectly sure
.ha. European holders are not selling
American securities because OF any dis
rust or want of confidence in them. The
outbreak of hostilites between Greece and
Turkey Is regarded as probably RESPONSE
Die fo- the present demand for gold. Fur
her than this the officials do not care to
express an OPINION.
LOANS AND EXCHANGE.
New York, April A-Money on call easy
It -1491Ha Pc cent: prime mercantile paper
IkGi per cent: sterling exchange steady.
With actual business In bankers bills at
!. ss64. SSE fer demand and az 81 ss1z64 $50
o. sixty days: posted rates s4.s7Gis7la and
T. ssi.G4.S9; commercial bills s4s5s.; bar sill
-er SIS: MEXICAN dollars 4si.: state bonds
lnl: railroad bonds firm; government bond
teady; rev SIS. I23; coupon 12.; SIS. regis
cred. 1i2z: coupon. III: As registered. III;
oupon. n21.; rs registered, s61z; aPciic
IS of 'eS. loi
BANK CLEARINGS
New York April 2i.-Clearings 81. BATH:
.alances S.Sos,iu.
Eostcn, Mass. April A-C!ear.ngs slf.-
1891. balances sl.sSi.5sl.
Philadelphia, Pa. April 24--Clsarngs S.
5a.4S9. balances si,550.1i.
Baltimore. Nd. April 24--Clearings s.
iss.5i3: balances So. o2s
ST. Louis. Mo. April 2i.-Clearings s.. 800 |
Is: balances s5a5. i6i: money 5G7 per cent; |
lew York exchange. 30 cents premium BIZ |
) cents premium asked
Treasury STATEMENT
tvashin gton. April 4-Today's statement !
Z the condition OF TIE treasury shows: !
vai,able cash balance s26sS7. IA; gold re- |
ervc .l55. x. 752
GRAIN AND PRODCCE MARKErS.
CHICAGO.
Chicago grain and produce markets fur |