The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-01-15
ACTIVE ALL THE WEEK
Have Been Both Speculation
and Investment.
HEAVY BOND DEALINGS
More Doing in Stocks at
Better Prices.

New York, Jan 1.-Bradstreet's fin
ancial review tomorrow will say:
Both speculation and investments
have been active during the past week.
The best feature Of the market has
been the very heavy dalings in bonds
at generally higher prices, both for the
high grade and the new and more spec
ulative classes. Transactions rising as
they have to $4,000, 900 or IS .O0O, 900 of
bonds per day on the stock exchange
with the trading distributed among an
unusually large number of different
issues, would indicate a large public
demand for investments and the
growth of confidence in regard to the
position and future of the market. The
stock list has also displayed a marked
increase in the volume OF dealings with
an advancing tendency. There has
been considerable speculative manipu-
lation but the purchasing of stocks by
commission houses was the feature and
though London has shown a disposition
to sell, buying by German interests in
this market was considerable. Profess
SIGNALS have realized from time TO time
in expectation of reaction but were to
some extent constrained TO get back
stocks at high figures. The first serious
interruption to the bullish tendencies
was on Thursday, when reports indicat
ing that trouble with Spain might re-
suit from riot in Havana caused SELL
n ~ q
rallied when such fears were shown to
be unfounded. The strength Of the list
generally was materially affected by
decline in American Sugar, due to the
announcement made at it's annual meet
ing that the company's surplus would
not be distributed as extra dividends.
The industrial stocks were in part ne
elected and bullish demonstrations and
activity centered in railroad shares. the
Pacific group, the local traction shares
and the Vanderbilts taking the most
prininent place.
GOVERNMENT BONDS.
New York, Jan. t4-Government
bonds: New AS registered and coupon,
129 IA; As, 11S. coupon ia S-s; 2's regis
tered, 100; SIS registered and coupon,
ia ga; Pacific 6's of SO, 1O3 Ia.
FOREIGN STOCKS.
New York, Jan. 14.-Evening Posts
London financial cablegram:
after a dull and quiet opening the
stock markets were generally higher to
day, a ip being given by the collapse
of the engineering strike and the de-
claration of a good dividend by a lead
ing English railway company. A fea-
ture continues to be Argentines, which
are booming. Kaffirs were duh after a
period Of firmness.
1.-The public still refrain from dealing
in Americans. Nevertheless the outlook
in this department is distinctly favora
BILE. There are signs that on realization |
old holdings are steadily decreasing, |
while the professional buying is of a /
strong kind. New York Centrals were /
good. Bonds are steadily alb |
sorbed. The supply is scarce, and If |
the New York support continues an &C
tual boom is not improbable. Grand |
Trunks and Canadian Pacifics again /
rose sharply.
THE new Indian currency measure |
Will DCEoillt OptI dive OA tire NlSN kASNs
1t will continue for six monthsh.
Gold is in good demand. Over f1,-
300, 900 is on the way here but will all go
to the continent"
DIVIDEND DECLARED.
New York, Jan. 1.-THE directors Of
the Lake Erie and Western railroad |
have declared the regular quarterly div
idend of IA per cent on the preferred
stock, payable February Is.
LOANS AND EXCHANGE.
New York, Jan. i4-Money on call
nominally 1898 per cent Prime mer-
vantile paper -14G4 IA per cent. Ster-
ling exchange dull with actual business
in bankers bills at t4.s4 3-464s5 for de-
mand and at $4s2 1-2d4s2 ga for sixty
days: posted rates s4.s3G4s3 1-2 and
s4s5 1-2G4s6: commercial bills As2
Silver certificates 81 3-4G58 lie; bar sill
yer So 1-Sc: Mexican dollars &c 3-sc.
TREASURY STATEMENT.
Washington, Jan. 14.-Today's state
nent Of the condition OF the treasury
shows: Available cash balance 1928, u.s.
3ss; gold reserve ;1s2. 1ss, 800.