The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-01-23
Which are Chiefly Declines - Volume OF
is Weakress-Union Pacific 10 Aided by
the Agreement Between tho Govern
ment and the Reorganization Commit
tee-Tobacco, on the Other Hand has
News Which is Good. for a Twe-Point
Deciine-Honds Active.

consol s's trust receipts were also conspicu-
Gus. rising Sl3 per cent. TO 5lt per cent.
Other gains in the securities of the system
included: Denver firsts. assented. trust re-
CENTS, per cent; Union Pacific sinking
fund SIS. trust receipts, per cent; '9l's and
'e8's trust receipts l per cent. The weak
features of the market included the an
thracite and b.tuminous coal shares. which
were depressed by the acknowledged I'M
! favorable condition OF those securities ana
some OF the specialties and industr!als. To-
bacco Eel nearly per cent on the decision
| by Judge Fitzgerald that the directors OF
the company must stand trial FOR conspira-
cy. Sugar and Chicago Gas receiced sup
| BORT. but did not retain the full improve
mcnt scored early. The general market
opened weak and soon sagged sharply I'M
der a drive AT the coal shares, but losses
were comparatively less severe than IN that
group. Soon after the first hour support
ing orders brought substantial improve
! ments in prices. under the leadership of
Sugar The market became intensely dull
after midday, and the dealings lacked spec
ial feature until the closing hour. when re-
newed pressure was brought to bear on the
coalers and Tobacco. Long Island, which
| fell to IL sellers 30 yesterday. opened al
4212 per cent. declined 10 A. per cent, and
left of at i314 per cent. The comparative
strength of the stock in the face of further
unfavorable reports as 10 the probable re-
surt of the expert financial and physical
| examinations, was due TO inside support.
The market closed dull and weak with the
net losses slight in the more important
stocks.
The total sales OF stocks today were 49,
$40. including: American Tobacco, 100;
American Sugar. 2i,lo0; Burlington. 1880;
Baltimore and Ohio, 3,4oO: Chicago Gas. s.
0O0; Columbus, Hooking Valley and Toledo.
$500; General Electric. 1850: Louisville and
Nashville. $3.50: Reading, 500; Rock Is
| land, 31e0; Union Pacific, 1000
Railway bonds were moderately active
and generally firm. There were few changes
| of consequence aside from those referred
| to i'm the stock review. The sales were ST.
| $4,000.
Governments were In brisk demand and
| improved slightly on purchases of $4,000.
FOREIGN STOCK MARKETS.
New York. Jan. 22.-The Evening Posts
London financial csblesram says:
'"rhe money and stock markets were life
| less and featureless today. There was a
sharp recovery in exchange and consols
were easier. Americans were duh, except
for a squirt in Baltimore and Ohio. Bra
zilians were better. Gold is still going 10
Japan. German exchange almost makes
gold exports profitable. The aPris and
Berlin markets were firm"
London. Eng, Jan. 22.-Consols for money
112 7-16; for the occount 1l2e-16. Gold Is
quoted at Buenos Ayres today at 1ss.1o; at
Lisbon "a; Rome 1O5.02I5. American eagles
are quoted at 7ss51ad in the open market
and at 76s1I5d by the bank.
Paris France, Jan. 2.-Three per cent
rentes 102f65c for the account: exchange on
London 25f2O1sc for checks.
Berlin, Germany. Jan. 22.-EExchange on
London. eight days sight Dn3pfgs.
LOANS AND EXCHANGE.
New York, Jan. 22.-Money on call easy
at 11zG2 per cent; last loan IL per cent;
closed offered a 111d2 per cent: prime mer-
camille paper 3Izd4 per cent. Sterling ex-
change weak with actual business in bank
ers' bills at as7GIs715 for demand. and
a.siAd4s5 for so days; posted rates A-S59
ASH; copmercial bills 81 sSiz. Silver certifi-
Gates $685.. Bar silver CAS-.
BANK CLEARINGS.
New Yor, Jan. 22-Clearings, s114s24.s15;
balances, sS.ls2,52e.
Boston, Mass, Jan. 22.-Clearinss, ST.
IS. IA; balances. S2Os5. 453
Philadelphia, Pa. Jan. 22.-Clearings, 3d.
olS.6S2: balances. sl7s0.1ss.
Baltimore, Md. Jan. 22-Clearings, g.
4H,52s; balances, Al7. 900.
StLouis, No. Jan. 22-Clearings s7ai.-
2ss; balances. $50. So. Money 7ds per cent
New York exchange sc discount bid; par
asked.
AncTDEErrS cr0ru- Dr-x-rur-
New York. Jan. 22-Bradstree:'s review
OF the stock market tomorrow Will say:
TIRE sularity has prevailed in the move
nent of speculation this week TITS prsva-
lent uacertons has. however. been strong
and the belief that an advance is in order
seems 10 have taken possession Of a ma
jority OF the professional element in Wall
street. The rise which began last week
continued until Tuesday. when the usual
realization sales began. and a moderate
reaction set In. II was also an entirely IA
tuTal circumstance that on the extreme ad-
vances traders should have put out fresh
lines Of shorts, though the disposition 20
cover such contracts az a very moderate
concession IN prices was a noticeable fea-
ture. Outside interest in the market was
more CT 4 factor in the early portion Of the
week than for long tine past. and the
commission brokerage houses executed or
oers sufficient az times 20 make such buy
ing a factor in speculation. ~ the same
time public interest has rot grown 20 such
an extent that the bull traders and the
pools would care 20 advance prices reck-
lessly and their attitude during the latter
portion OF the week seemed 70 be 10 afford
support by taking stocks only when the
prices gave way a little un5er bear selling
or catered bull liquidation London
bought stocks rather literally a. The BE-
ginning OF the week but even the decline
OF open market rates fer money there. fol-
lowed by the reduction OF the Bank % Eng
lands rate from 10 ~ per cent. fsae1 %
stimulate speculative activity. the indian
famine and other Circumstances connected
with II being probably the most effective
reason for the hesitation % the speculative
portion OF the British public. During re
latter portion of the week the foreign IL
flu.nces were. OF The Ehols. unfzvorzbie 20
TIE market here. though 9, should ne noe5
that the street" was unaffected y re-
ports from the Other SIDE that arrange
Trents were u.e.ng made there 20 import
gold from the United S;ztes TIE EzfounS-
ed nature % these reports IS apparent. par
tscuizrIy as :: r known that the sr.oant OF
the exchange he3d here sni czrrse5 h bans
amounts up 70 something Ike 80 80 Dso
LIVESTOCK MARKETS
CITracn