The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-12-31

continent bought Central acific and New
York sent early orders for them. New
York also bought the coalers heavily, par.
ticularly Reading. The close was very
cheerful. Tintos and Anacondas were
strong on rumored buying of the latter by
New York. Anacondas rose a half point
to 61z. One hundred and two thousand
pounds in gold bars was bought by the
bank. The price relapsed 10 as 1890 or
the stoppage Of the German demand and
the impending Cape arrival of half a mil
l.on
BRADSTRET'S FINANCIAL REVIEW
NV York. Dec. 30.-Bradstreet's weekly
review OF the stock market tomorrow Will
say:
Increased participation by the public has
been the principal feature Commission
houses have been active in the market and
while a great deal of profit-taking has I'M
doubtedly occurred, the accession of new
purchasers of securities for speculative
purposes has been continuous Fears that
the market was eliminating for the time
being have found expression, but on the
Whole the buIlish temper of the street and
tors of the situation, such as the volume
Of money in the country and continuance
Of increasing railroad earnings. were sup
plemented this week by a rise in grain
prices. due largely TO increased foreign de-
mands for our breadstuffs Among the
other incidents which tend 10 sustain spec
ulative confidence is the fact that a general
movement seems 10 De on foot among the
railroad companies TO insist upon the main
tenance of the tariff rates after January
l. There are also limitations of deals
and coming dividends which will have a
good effect on the position of various prop
critics. while above all is the idea that
though the course of the market in the
last fortnight has evidently been in the
nature of discounting of the January in
vestment demand, the latter will still have
sufficient force TO carry securities TO a
higher level, irrespective of what the
growth and widening of the speculative
spirit may accomplish IN the same direc-
ton. The London market has been less
of a holiday character, but American
stocks were strong there and the foreign
participation was mainly on the bull side.
In fact, the fortnightly settlement on the
stock exchange there disclosed exception
ally large long holdings of our securities.
In our market the activity Of leading in
terests in supporting and advancing their
securities has not been wanting though,
to give variety TO the market, some of the
professionals showed disposition during
the week 10 take the bear side for a turn
Under existing. conditions, and in view of
the revived interest of the pubic. 0rofes-
sional estimates of the outlook generally
point to a continuance of the rise in prices
for both stocks and bonds. tempered. per-
haps, by setbacks, as realizing temper
arily gains in the ascendency. or the over
bought state of the market invites re-
actions.
YEARS STOCK TRANSACTIONS.
New York, Dec. 30-Transa ctions on the
New York stock exchange for the year
show a decided increase in all branches
over those for several preceding wears
The total number of listed stocks dealt in
during the year amounts to $3.50, 81
shares; unlisted stocks, 27.64s.4 72 shares
Sales OF state and railroads bonds amount
ed 10 SS47654,0OO (par value); unlisted
bonds, $46,263,50O, and government bonds
S24, 129, 21O
In 1897 only s7724S.s47 listed and unlisted
shares were sod; in 1896, "a. 4soO43 hares
in 1888, sc, IS shares, and in 1894, the
poorest year in many, 49, .53S shares.
The business Of the Consolidated Stock
and Petroleum exchange was much larg-
er this year than last. Rail >oad stock
cearances amounted to s63. 40, c9o shares;
bond sales. s21, 037, 900, and 924. $50 shares Of
mining stock were dealt in.
Wheat clearances through the exchange
aggregated 4O,2iO.OOO bushels.