The Wichita daily eagle., 1898-01-01
STOCKS AND BONDS
STOCK MARKET VERY DULL AND
NET CHANGES SLIGHT.
Gains aud Losses Divided with Little Re
gard to Consistency or order-Locsi
Traction Securities the Favorites-
Sugar Is q StroEE Feature But Holds
erabie Activity In the Graugers-Prices
Generally Lower on the Week-The
Bank Statement

New York. Dec. s1.-Today's market for
stocks was very dull and net changes for
The mos; part were trivial and are divided
amongst gains and losses without much
sem5isrcs OF consistency or order. The
local traction securities were the favorites,
as has been the case for mary days past,
and they rose at one time sharply above
last nights level under the belief that they
would benefit, even If the proposed rapid
transit project was consunmated. Brook
lyn Rapid Transit enjoyed a SPECIAL ad-
vantage from the reported judician decision
denying an injunction against the use of
the western bridge terminus for a loop.
This stock was at one time Ia per cent
above kst nights level and held over a
point of this gain. Sugar was also strong
feature and rose at one time IL per cent
but held only fraction Of that amount
The Nsnderb,lts were traded in ex-dividend
today, Lake Shore gaining a point Other
stocks which were notably strong were
Buffalo, Rochester and PittSburg. prefer
red and common. American Spirits pre-
ferred gained points. There was consid-
erabie activity in the grangers with early
strength, Burlington crossing par. but lat
er recessions carried prices below last
nights level. British consols advanced a
fraction in Lordon. an unfaisng barometer
OF peaceful outlook. The firrnness of the
wheat market also relieved the uneasiness
in speculative circles over the outcome OF
the great December dal. tn bank state
meDt was disregarded as it is SO involved
with the Union Pacific operation as 10 Of
fer no indication of the drift of general
Indications. The somewhat contradictory
:irmness of money and hardness of fore gn
exchange today, though both markets were
very dull, continued. The sub-treasury had
81, 40, ,474 TO pay at the clearing house again
the reflection of the replenishing source
of the money market. The week has been
one of dullness on teh stock markt and
outside of a few specialties of a highly
speculative character almost a pathetic.
Trading has been in the hands of profes-
s:onal room traders and outside interest
has been insignificant.
Prices generally outside of few OF the
specialtes are lower on the week. The de-
cline reaching points over in Metropolitan
Street Railway and some of the coalers.
Manhattan is 29s higher.
Total sales of stocks today, 1S. 500 shares.
BONDS
The bond market has shared In the dull
ness OF the stock mcrkeI during the week,
but prices have been held firm or i'm
proved.
United States fours, both the new and
old issues, are Il lower bid and the fiyes
Is lower.
LOANS AND EXCHANGE.
New York, Dec. 31.-Noon:-Money on
call firm at S14G4. Prime mercantile pa
per, 31zG4S4 per cent. Sterling exchange.
steady. with actual business in bankers
bills at s.s4a. IS for demand and 5s4 sS1k
G4.S6. Commercial bills, SiS1d4.s1II. Silver
certificates, .5714Q6s11. Bar silver, 57ll.
Mexican dollars, 45H. Government bonds
weak.
THE BANK STATEMENT.
New York, Dec. 31.-The weekly bank
statement shows the following changes:
Surplus reserve, increase 81 $500. Loans,
decrease g, 2,s2i.700. Specie. increase, $3Z7,-
COO Legal tenders. increase, s., ,42l, 30. De-
posits, increase, 8, ,931, 900. Circulation, de-
Crease s22l, 300 he banks now hold 49,
ISL, 40 in excess Of the requirements OF the
- per cent rule.
SILVER FOR EUROPE.
New York, Dec. 31.-The steamship Etru-
ria. sailing for Europe tomorrow VIII take
out 1855 ounces of silver.
WEEKS, EXPORTS AND IMPORTS.
New York. Dec. 31.-The imports at the
por; of New York t1ls week were: Gold.
s1G4 $50: silver, 81, ,Oss; dry goods, sl,ss.14o;
general merchandise. s.. iOs. .7G1. The exports
OF specie amounted to $500 in gold and
sos, 245 in silver.