The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-05-09
STOCKS FOR THE WEEK
Dewey's Victory and Other War In
fnenres Had Full SWAY.

hDthFFS nan VII = " az
New York, May T.-Commodore Dewey's
decisive victory at Manila has been the
| overshadowing influence in the stock mar
ket all week. The severity Of the blow he
has delivered and It's demonstration OF
the overwhelming superiority Of the
equipment of the United States have been
accepted as promising an early settlement
o fthe contest. The Generalization IN the
political and financial affairs OF Spain
which have developed during the week
gives strong guarantee OF the same re-
suit. The same bulIish sentiment has
been strongly in the ascendant by reason
OF the prospect that the war element viii
soon be eliminated. Large professional
operators who bought on large scale last
week in anticipation Of the victory IN
the Philippines, took advantage OF the
demand for stocks on Monday morning
to market their holdings al a handsome
profit. Al their offerings we're early alb
sorbed. Continued heavy proht-taking
and London selling worked slight re-
action on Tuesday. but after the Wednes-
day holiday London turned buyer ana
there was another violent advance. on
Friday London turned heavy seller on
account of the stiffening rates for money
there. and unsettled the New York mar
ket somewhat. but the rise was not et-
fectually checked. A renewal Of gold I'M
ports. easier conditions in the money mar
ket. the heavy foreign demand for food
stuffs and the strong traffic returns by
the railroads have all had increased e.
fects with the subsistence Of fear OF dam
age 70 values from the war. Prices are
from . to 3 points higher irAWle railway
list and gains are greater IN some OF the
speciaities.
Total sales Of stocks today were 20 900
shares
FOREIGN STOCK MARKETS.
London. May Ton the stock exchange
here today the attendance was small and
business was restricted. But when tho
news from Manila was received AmeTt-
can securities suddenly jumped upward
New York. May The Evening Posts
London financial cablegram says:
.aThe stock marke; here was idie a~i
dull today. The only feature was tho
payment OF the Chinese Indemnity 70 T
Japan Of ci2010.ooa. e10o0oo0 in Berlin. I
and eiI 10000 AZ tbs Bank Of England. 4
this being the largest check ever drawn. 4
The money market was less affected than 4
had been expected. Argentines were 4
good on the fan Of fve prints in the gold (
premium. which IS connected with the /
rise IN wheat Spanish nsrs we're Fat. /
although exchange was stea6ler. Scw
York bought about GeQog oo In gold which I
arrived today from the Cape at rs sa,d-"
Paris May 7.-Business on the bourae
today was inactive ard prices had
weaker tendency. owing 70 the apprenen-
sion q dearer money IN London. where
according to ruror. large amounts re-
Gently received by TIE Bank q Euglanf
we're shortly to be Withdrawn ior irsna
which are n be ISSUED. The riots r. Ttaiy
wea kened Italian securities and Spanish
fours reacted n sympathy with ths gen
a-si duIlness.
Perrin. Nay 7.-Prices wsre firm % ire
ooBrEe today. notably 81 tae case ~
bank shares owlnR % the ir1rsrainx
Russian railway lean % ~ ~ - rou-
5les International securities were to-
,Ilne6 % fruness. raiiyinE q B:'ls %
.he news from Manila cererFslng tss
brilliant victory q Cor r11Gcre Dewey
ever ne Spanish seet
LOANS. EXCHANGE AID BoNDa
Sew York. Nay 5.-noneY ~ call wss
Iteeldy a. ger cent. prime n7erezasiie
szpeF 1-eG7 pr cent tterlrx exchaaks
srn. With acfaz5 bas.nsss IN bankers
slHs AZ tlse. f5T 1enasad aae - ~ r
= f7r stx-y caTs. pyssshd rstez rgasa
e ard 8 gsa4 - commercial aais
e s5sfs ~ silver es-flsratns sEsz0
~ silver ~ 2ssT8eaa eo1sarz e. oss.
.rrzent aoass stru1x. asw faa-s re-.s-
e-es ard esspoa fzIzs fszrs laat saa.1-.
~ tEoz - sves rezsstersd 49, es-r,sa
u. Pzelfe Fsres q - -
COLD FoR IMPORT.
$sE York sfzT IA elspateh frera
,hleaEo tzgs that rs Tasea sssss-af
ask haz -arvssEs9 20 lzpsTt F1aas IS
-ole- E,1g2ea-1sats q god ass alss a.
,os1zos1 - : saa -. seasnaa A 60. a.
.7e ae
TREASURY STATEMENT
yFasstngtoa. Nay z-Taszys eoasltie-
( lAs treasury aso~s. Av-14s.s e@zA