The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-07-03
THE MARKETS

! CclplSg tOlllCidIJ lGU htLIRN6Ss pTlCoS I'LL
changed. Receipts for week, q 900; light
supply met with vigorous demand. All
| grades of killing stock active at steady
prices. Stockers and feeders a shade
! higher Late sales: Choice heavy steers,
81. 75g5OO; mediu, s4.5OG4SO; light weights,
/ S4.00G50O; stockers and feeders, SO. 65G5. 90;
! butcher cows and heifers, sS10d5.G0;
So. 10Q5.O0; butchers bulls, Sc. 10Gs 90; can
ming stock, 81. 50qS 10; Texas steers. So. 10Q
44o; Texas cows and heifers. $S.1O@47O.
Hogs-Receipts, (officlaD. 4.5OO Prices
a shade higher. Receipts for the week
/ 1880. With liberal receipts and dull pro-
/ vision market. prices were we'll maintain
! ed, top prices being SC higher than this
day week. Heavy hogs, 3.6593S so; mixed
SS.45G3.S0; lights, $3.3Gq3.G0; pigs, $500
3.S5.
Sheep-Receipts, Officially IS. Prices IN
| changed Receipts for the week q, 800
Strong demand quickly absorbed liberal
receipts and desirable flocks steady; few
punches of common stock sold 1Gg20 cents
lower. Late sales: Spring lambs, 5000
$780, yearlings, S4.75G5.40; native muttons,
S4.2Od4SO; Texans. $3.75@4. IS; Arizonas.
81. 00d470; stockers and feeders, IS. 25l14.0 co.
st. Louis July 2.-Cattle-Receipt 100,
including Is Texans. Market steady. Ma
tive shipping steers, $4.50q500; light and
dressed beef and butcher steers S3.6o0l
4 600; stockers and feeders, IS. 35GD4. 80; cows
and heifers, $290Q4.75; Tevas and Indian
steers, $3.25G4. 20; cows and heifers, S3.2o
Q4.50.
Hogs-Receipts, $500; market S cents
Hogs-Recepts. 1,500. Market cents
higher; workers.. s36003.7o; packers. $3.659
3.75; butchers, So. 7GQ3.S5.
SbaaD-Repain Market Gtea0V.
native muttons, s3.25a475; lambs, 5000
600.
GRAIN AND PRODUCE.
New York, July 2.-Butter-Reoeipt
not available; western creamery, 1S1a9162;
Elgins, lie.
Eggs-Receipts, not available; market
firm; western, 1213G13.
New York, July 1.-The stock exchange
and cotton exchanges here were closed
today.
ST. Louis, July 2.-No market today or
Monday.
WOOL.
London, July 2.-The wool market today
was extremely animated throughout.
Cape of Good Hope and Natal vols shared
in the rise ard greasy merinos sold well,
a few to America There was good
selection of the finer greasy cross-breds.
They were mostly taken by the home
trade. The competition among CONT
mental buyers was spirited. The number
Of bales offered today was 10,474
FOREIGN STOCK EXCHANGES.
Paris, July 2-Spansh tours closed at
337s Prices were strong on the bourse
today, the superabundance Of money slim
ulating the buying. Contangoes and quo
tations were higher except in the case of
Spanish tours and Brazilians. Rio Tin
tos were in strong demand. Kaffirs are
broadening There were some large trans
actions in them
Berlin. July 2-Business on the boerse
opened irregular today, but strengthened
on the prospect of cheaper money, the
frnoness elsewhere including al-round
purchasing International securities were
higher. Italians were the most firm.
Spanish fours were neglected and bank
shares and Americans improved.
BRADSTREETS FINANCIAL REVIEW.
New York, July 1.-Bradstreet's financial
review tomorrow will say:
Sneculation continues to be narrow and
professional There has been an unmis-
takably strong undertone in the market
this week. and though the public has not
been a purchaser it has not sold stocks.
London took very little interest in Amer
leans. and the professional interests here
were somewhat divided in their attitude,
The smaIlers operators and the board
room traders were inclined to test the
market and to sell stocks short, while
some of the leading interests have occu-
pied themselves from time to time by
forcing the bears 10 cover, resulting in dis
nlavs of a certain amount of strength.
The industrials. however. have furnished
nd IN
as usual, there has been no small degree
of manipulation. The most genuine exhi-
bitlon of the markets underlying bullish-
ness has been supplied by the bond list,
which has been strong and advancing
apparently on an investment demand
which is most active in the cheaper and
newer bonds OF fair quality. II has. how
ever. been a waiting market An expect
ant feeling as 10 the outcome OF the oper-
atoms of our forces at Santiago de Cuba,
as to the movement of the Spanish fleet
which is alleged 20 be enroute TO the Phil
ippines. and as 20 the attitude and inten-
lions Of the German navy al Manila. has
made itself felt. The completion of the
half year and the preparations for the
usual Disbursements have been = factor.
while uncertainty about the workings and
effects Of the new revenue and stamp tax
legislation. which went into effcc yster-
day. has contributed powerfully - the
current speculative inactivity. all the more
50 because so many % the new imposts
apply directly 10 stock snd money mar
ket transactions. Attention has also been
TO some extent fixed on the new govern /
ment war loan. though this tendency has
decreased since the rush % subscriptions |
has decreased. largely owing 10 the ar
rangements made by The treasury 70 de- !
post the amounts received in special ra- /
tiond hank repositories and thus o5via,e /
any heavy Wi hdrawals Of money from the /
market Finally. the conflicting accounts /
Of the crops and harvest at the west, 4
and the growing feeling that rate cutting 4
by the railroads mas become dangerous /
70 the continuance Of earnings. has i'm 4
posed caution upon the bulls as regards (
railroad stocks, and caused the pools +
which have been operating in The grange-s
and other stocks to suspend operations. /