The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-03-30
NON ALL IS CHANGED
Cuban News" in Wall Street
Fooled the Bears.
THOSE WHO SOLD THEM
Enjoy the Fruits of Their
Mondays Discontinue.
THOSE WHO SOLD THEM

New York, March 2s.-wau street awoke
this morning to a realization that II had
been duped Spectators. consequently,
wore somewhat rueful aspect in all but
that select inner circle which reaped the
profits from the well organized plan to
precipitste a bear panic. II was very
noticeable THAI those who were loudest
yesterday in the proclamation OF the set
tlement alleged 10 have been arrived at
no longer active bidders for stocks and
Securities today. although they are cred
tied with having parted with large hold
ings al the high level yesterday. The
realizing expectations OF this element that
ventures would go higher in the immedi-
ate future have been changed and the
short interest has been largely eliminated
by yesterdays forceful prices, the market
without material support and prices
promptly dropping of from about per
cent in the opening sales. They did not
rise much above the opening prices except
in a few cases az any time during the
day. Some Of the smaller dealers VINO had
confidently swallowed all the bogus news
that was fed them yesterday We're anxious
10 sell stock which they bought then
The bears also took some heart when they
discovered what had frightened them and
ventured upon some operations. but in a
timid manner This was shown by the
way in which they scurried 10 cover when
IL IN, ba
afternoon. This improvement did not hold
but the subsequent relapse did not carry
prices to the lowest point OF the day. The
list shows net declines. nevertheless, OF
between and points IN the large ma
tority Of important stocks. London was
both buyer and seller here, support from
abroad being especially manifest in the
Northern Pacific stocks. There seems 10
be an impression in London that the
Northwestern rate war is in course Of ad-
justment. Foreign exchange stiffened
sharply in response 10 additional engage
ments Of about 50. 500 900 gold for import.
bringing the total movement to over S54,-
900 900, exclusive Of the receipts at San
Francisco. Rates for money are stiffiy
held. II is not thought probable that the
movement of gold from Europe will cease
until rates for loans become easier.
The total sales Of stocks To-Day were
442, 200 shares.
Prices of bonds moved in sympathy with
stocks the speculative issues showing the
sharpest declines. Total sales were Sl,515.-
900.
United States fves were a per cent
higher. and the new tours 4 per cent
higher bid. New tours registered and
coupon s1.21; fours. s1.09, coupon $Llo; sec
onds sS; fves registered, $1.1liA. coupon,
s1.1l1a; Pacific skies of 80. s10l2s.
FOREIGN STOCK MARKETS.
New York, March 29.-The Evening
Posts London financial cablegram says:
New York advices caused a general
recovery in the stock markets here today.
led by American and Spanish fours. Still.
on balance, realizations predominated and
prices here were slightly under the New
York parity. and the close was rather dull
in the street. The rise has immensely re-
lleved the financial situation. however
bu, the settlement tomorrow 5 not great
" feared. Gold IS in strong demand for
New York. In addition to the ESQ 90
Withdrawn from the Bank Of England
about goo 900 in japanese yen was bougn,
in the open market at 7ss 81. Eagles are
also going from the Bank OF France
SPANISH FOURS ADVANCE.
London, March 29.-Spanish four on
stock exchange today opened strong az
52a.. an advance Of Pa over yesterday 3
closing price. and closed a 52-s. a net
gain of points over yesterdays close.
Paris, March 29.-The bourse opened
strong, there was a slight temporary re-
action. Il was followed by a rally and
the closing was firm on more encOurag-
ing politlcal adv!ces, including the report
ed willingness Of Spain 20 meet the views
OF the United States, which caused indis-
criminate purchasing 20 cover for opeG
account, owing to the approaching settle
nent. Spanish fours closed at 52ts per
cent, A net advance Of 213 per cent ever
yesterday.
Berlin. March 2a-stocks were firm
throughout on the bourse today. owing 70
/ the strength OF the New York market.
more tavora Die advices causing all-sround
buying. The principal feature was the
buovsncy Of American securities. Cana
/ dian Paclfcs were mostly IN demand.
LOANS AND EXCHANGE.
New York. March 2s-Money on call.
roninalIv 1FIl.. Prime mercantile paper.
5lLq6. Starring exchange steady with act
ual business in BANKERS bills ~ 81 s3l4 Q 4
+ for demand and for ~ s3aiz for sixty days.
Posted rates. ASIiL84 2 and S4sf=7s g.
/ Commercial bills. Ns96s s74. Silver GER
:iAcates. G5is1E. Bar silver, 55iz; Mex
/ lean dollars, &.
GOLD FOR IMPORT.
New York. March 2s.-Ths Produces ET-
change bank has taken 800 % ia gold fo-
import. Additional god engagement. s
have bean announced b. I Won Hoffman
& Co. Of 80 o99. By .oe Bank Of Bri.-
iss North America s5oo g19. b. KUHN.
{ r,os5e & CO. t51a GO. I4zar8 Frsres tl.iz5.-
( 60 and ~ He<de.oacL. IckIehs. nser < Co,
/ q S0o.ooo. J. aad " ssaguaa & CO vii
import 5000 il god Ta.s makes -ha
E .,-aJ announced for today 8 ~ 1oo.
SILVER FOR EUROPE.
%ew YORK. March Z-Ths s,sz1sh,1
g.. Paul sailing f3r Europe :on-rroE. ~
AXE out n 10 ounces q silver.
washington Mach 2s-Today's sfa,s-
nan. q ths oo-dl,I9a e IRE treasury
f SHOWS: Avsi3zsls cass - s--e. -. TO