The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-06-04
WEEE'S TENDENCY ADVANCING
stocks strong in Tone and with In
creased Actibity.

New York, June 3.--Bradstreet's fnan-
cial review tomorrow will say:
A strong tone has shown in the last
weeks speculation, and generally advanc-
ing tendencies in prices have been accom-
panied by increased activity, though a
sharp reaction on Friday followed the
news that the United States senate had
adopted the measure for the coinage Of
the so-called seigniorage.. The upward
mdvementin prices has attracted consider
able outside interest, but in the more
prominent stocks manipuIative influences
and the work of bull cliques can be de-
tected The strength of government
bonds, CHE new tours advancing from
12l24 bid to 123). the improvement in rail-
road bonds. indicating renewed activity
on the part OF the investor and more or
less buying in London. have all been sus-
tanning factors, while. in this connec-
ton, the ease of money must lOt be for
gotten. The influence Continues>So be the
war and the street this week has been
favOrably influenced by expectations that
the blOckading squadron OF the Spanish
squadron at Santiago will end n is de-
struCtion and capture and bring abOut n
restOra ton OF peace. RumOrs OF an actual
victory in the same quarters had naturally
a decided bulIish effect on Wednesdays
market and though the alleged news was
not verified, teh market did not exhitit
any decided reactioRary tendencies. In
fact holders have been avsrse 20 selling
stocks, even TO realize profits. ard the
professional bears are timid abou: putting
out shorts. doubtless because a victory
would result in an immediate aid sharp
realization Of prices. Attention is given
10 the indications Of an impending break
down OF SPANS chief and only financial
support-the Bank OK Spaln-and the ease
of the London money market has also
been 20 a certain extent an element in
connection with the existing bull specula-
tive sentiment
GAIN IN SPANISH FOURS
Madrid, June spanish tcUrs closed to-
day q .. 20; gold was quCteC AZ 81
London, June 3.-Spa7iSl l11Ts closed
q IS
Paris. June 3 Spanish tours closed az
S5's a net gain. f 1-Ii. Prices we're
firm on the bou-se today. under Che in1u-
ence Of the plethora Of moaer am the
growing belief Of an early conclusion Of
peace. International securities improved.
particularly Braz.lians, Owtas 10 Jha be-
ter rate Of exchange. Span ~ f1lrs ral-
lied sna-tly On the Official announcement
% the payment Of the July coupon entirely
! uEold After the close 81 t1z market.
Spanish tours declined on reallzatio
Berlin. June S--FoTe.5n securities open
co irregular on the boerse here today, ard
were occasionally lower. owing 20 the Use
IN the price Of corn in consequence q bad
weather. Subsequently, b 5sFsver. they BE-
"a ne firm IN response % tIe strength DIS
PLAYED BY the western Do 3rSes. Spanish
f5u-s Eere active. A2er1c4a securities
were firm
LOANS. EXCHANGE AND bonds
New York, June 3-MoHas Oh esU nom
inai-y IT-iz par cent Prime mercantile
paper. sz& per cent Sterling exc-z1=e.
steady. with actual business IL bakers
bills az g 1874 49, f7r demand and s s
ass. for sixsy days Posted rates. -
a4S- Cozzercial 5.l,z. Ssg+- Ses-
certificates. =. g6sss- Bar silver.
Mexican dollars So Government bonds
strong, mas f5lTs registered a1z c9u-
pca. -; fours. fss1z: coupon Il; ssc5-s;s.
dves- registered tuss. c5129-, Ltis.
Fsclt5c SKIES 4 ~ E-cL
TREASURY STATEMENT
washington June s.-Ta-sa,-s Statement
q cae c1a4l-l1a cf TIE sreeszry SHOWS
Available casa balance. glss Ia -: sss5
reserve. 81 81 ~
Daily EaS!s. ~ carrier . esats = week