The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-04-16

| In the sag-Governments Ouiet-Ameri
New York, April 15.-Proceed.ngs were
raiker dull on the STOCK exchange today
and values dropped almost without ex-
cept;on or cessation. The situation
abroad dominated the general tone Of tn;
dealings The fact that there would be
no more trading on the London exchanges
until nexT Tuesday probably restricted
any demand and influenced the minds OF
TIE tinnid ones 10 realize profits as much
that seemed in danger from possible de-
! vel0pments in the Graeco-Turkish rela-
| tons. Consols were down in London,
AMI there was uneaslness apparent over
the seeininb waning of the accord Of the
| powers on the eastern question. The
London market also suffered from the
| Generalization in the Kaffirs, and whis-
! p.rs Of financial difficulties of more large
| operators in those properties. The de-
| preston thus caused was reflected here
| most OBVIOUSLY, as was natural in the
| stocks held largely abroad, which show
ei marked declines. Any firmness in
.haSe shares above the London parity
was me-: by heavy selling from London,
tn days sales for London account being
estimated at $4,000 shares. There was
| considerable realizing here also on the
ground that on tomorrow the exchange
would be closed. The heaviness in New
| York Central was very noticeable in
| view Of the large hopes Of stimulus to
! the whole market that have been built
~ It's refundng scheme, first officially
announced yesterday. The extension OF
the issue beyond the needs for the re-
funding gives rise to the argument that
there will not be so large a reduction OF
fixed charges nor so large a consequent
benefit 70 the stocks as was anticipated.
There was continued heavy liquidation
IN Chicago Gas and Sugar on almost
purely professional dealings.
OF atotal of $4,000 shares sod, Chicago
Gas and Sugar absorbed $4,000 shares.
and Burlington and Louisville ard Nash
vile another $4,000 shares. The Gas
stock was very erratic and after opening
with sales running over point above
last nights close. it traversed almost its
crtire range over, finally closing with
ne: gain Of g per cent. At one time the
grangers developed considerable strength
and there was some buying of Burlington
on an urcredIted runor that the COM
pany was about TO refund its bonded debt
The rise in the grangers resulting, car
ried their prices above asst nights closing
but subsequent declines left them with
fractional ret losses. This was true of
TIE railway list in general the largese
losses occurring in the intentional stocks
extending to 1 IA per cent in Louisville
and Nashville ard in the grangers and
coalers. Tennessee Coal and Iron was
quite irregular, declining at one time one
and one-eighth per cent. but closed with
net loss Of Only one-half per cent. Bay
State Gas and Hooking Valley developed
activity, after beig neglected for quite
long time, the former losing one and one
half per cent and the latter a point The
heavies: sales for London account oc-
CURED in the last hour, but the market
Eteadied in the final dealings and there
was a genera, gain Of small fraction.
Business in railway and miscellaneous
securities was i, light volume, with a
sagging tendency, which was most pro-
nounced in the securities having an in
ternational market, notably Northern
Pacific. The sales were S7S1. 900.
Governments were Quiet but generally
firm on transactions Of $4,000.
FOREIGN STOCK MARKETS.
New York April 15.-The Evening |
n ~
This was nominal holiday in the |
stock markets. The best stocks closed |
firm. Foreigners were weak on the Paris |
duiiaess. Turks were fat and Kaffirs |
were weak Americans were dull on the |
New York fall, but the close was above |
the lowest. It is believed that no more |
gold will go to Japan until next week. |
Wen Informed people estimate the Jap |
anese balances at the bank at about |
8, GOO. coo pounds. Details of the gold /
movement for the week show that 49, |
coo pounds in bars were sold for Japan /
and Austria. chiefly for the former, and /
that $1,000 pounds was received from
Australia. The Paris bourse was dull on
the mld-month settlement, and the fact
that the London exchange viii be closed |
next Tuesday, thus narrowing the chan
nels for sales. The Berlin market was
steady.
LOANS. BONDS AND EXCHANGE.
New York. April 15.-Noon: Money on
call nominally at 1AG1& per cent
Prime mercantile paper 3I564. Sterling
exchange firm with actual business in
bankers bills at s4s7kG4S74 for de-
nand. and at s4Ss15I4SsA for sixty
days. Posted rates s4.sSik 64s7. and
Silver certificates s2G62lL.
Bar silver s.. Mexican dollars 4S1s.
bonds firm
BANK CLEARINGS.
New York, April 15.-CIearings S.
'2s.07i; balances S6.425. 900.
Bos5on-Clearings s15.6is,1I7; balances
3. SS5.5i4
MISUNDERSTANDING s10,I7o5s2; bal
lnces s1,449.7is.
Baltinore-Clearings s2,Sss, s2.: bal
Inces s2s1.s Il
ST. Louis-CIearings se.S2a. s24: bal
Inces seo7.4s2. Money 597 per cent:
lew York exchange 80 cents bid; IS
,ents asked.
COFFEE AND SUGAR MARKETS
New York April 15.-Coffee-Optio-s
pened steady, IHdl5 points higher on IA
cradle European cables. essed or > point.
nder local selling. but advanced sharply