The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-02-14


ter for the Week Than shares.
New York, Feb. 13.-Today's stock
| market was characterized by still furth-
er declines, as close TO a week that
has shown an almost uninterrupted fall
| OF prices of stocks. The shares OF the
| iron and steel companies were rather
| more conspicuous than any others and
| fell off materially, though on rather
| light dealings, through apprehensions
! caused by the depression in the steel
rail industry. Tennessee Coal and Iron
fell off %. per cent under the influence,
and Illinois Steel showed 214 per cent de-
cline. with subsequent recovery OF a
point, and Colorado Fuel, . per cent
The slump in these shares had its in
huence in depressing tn whole market,
in which q number OF other discourage
ing factors united to cause [r,ces 10 fall
away. A note of alarm over the threat
ening situation ia Crete pervaded the
market late in the morning ana lent its
aid 10 the pressure upon prices. There
was sympathetic influence exerted up
on stocks by the sharp decline IN wheat.
AS usual OF lac, the niuserials we're
mark for the bears. AMI were subjected
TO the usual processes 5y The traders to
contribute their effect 20 the general
lists Liquidation il some OF these =. p
critics was manifest. The resumption, OF
the hearings oy the legislative trust in
vestisating commlt:aa. though II VAS
not in progress WHEN the market closed,
had notable effect, as usual, On he in
dustrials, n whi:'I little support was
forthcoming 20 withstand the bears.
Thus Sugar 3acl.ned II per cenr. Tobac-
CO III per cen-. Eeath r Preferred 1ls
per cent. and Chicago Gas IL per cent
Some material losses also occurred IN
the usually inactive specialties, Laclede
Gas preferred losing 3ls per cent. Hook
ing Valley displayed exceptional weak
ness anr reacted IL per cent, the general
per cent bonds also losing 8 per cent.
Manhattan fell IL per cent on the unfa-
vorable quarterly statement. The gran
gers and southwesterns led the decline in
the railways, which were, however, frac-
tional. Kansas and Texas preferred lost
rs per cent.
The bond market during the week was
somewhat Irregular. but decided under
tone of strength was noted, which is re-
fected in higher values for the principal |
investment liens. Purchases by foreign |
interests were on large scale, with Atch |
ison and Northern Pacific issues most |
prominent. The sales were sS.101, 090. |
The government bond market was gen. |
orally firm and higher on a demand for
investment account. Sales. 1851. 900.
New York, Feb. 13.-The Evening !
Posts London financial cablegram says: |
THE stock markets were quiet today. |
There was a steadier tone both in Lon
don and in Paris. A million pounds Of /
sold is on the way from Australia TO
London. A considerable amount is al
SO expected from Egypt"
LOANS AND EXCHANGE.
New York. Feb. 13.-Money on call,
l 1-2d2 per cent; prime mer-
camille paper 3a4 per cent Sterling ex-
change steady with actual business in
bankers bills at s4.Ss 3-464S7 for demand |
and at 1854 3-4G4.S4 for sixty days;
posted rates s4s5 1-2G4Ss and s4.S7 IL
d4SS; commercial bills s4.s3 1-2.
BANK CLEARINGS.
New York. Feb. 13.-Clearings SIG, ess. 80;
balances &.57S 561
Boston. Mass. Feb. 13.-Clcarings Si3,S71,-
aS2: balances s., 49,
Philadelphia. Pa. Feb. 13-Clearings 81
.Sl1: balances s.. 0S7. 100.
Baltimore. Md. Feb. Chickering's $751;
80; balances S31S, 162.
St. Louis. Mo-. Feb. 13.-Clear,ngs s. 49,
is5; balances 1924 s6s. Money SAL per cent;
New York Exchange % cents discount BID; |
par asked.
BANK STATEMENT
New York, Feb 13.-The weekly bank
statement shows the following changes:
Reserve. decrease 8, 901. s25: loans, increase
2.S54 100; specie, increase ss33 .OoJ legal ten
iers decrease s5,756,500: deposits. decrease
SSsS.103: circulation, decrease $4,000.
The banks now hold 81, SIS 22o in excess
Of the requirements of the % per cent rule.
WEEKS EXPORTS AND IMPORTS.
New York, Feb. 13-The imports of dry
goods and general merchandise at this port
mis- week were valued az Sl0.V1.s50 The
IMPORTS of specie this week were s60S33, OF
which si0,l50 were gold. The exports OF
specie at this port for the week ending
oday aggre gate sS7s, oso. of which s. 600 was
gold.
TREASURY STATEMENT
Washington D. G. Feb. 13.-Today's state
nent OF the condition of the treasury
shows: Available cash balance sE6,0g4,e4s;
gold reserve s1i6, ,23S.