The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-05-20
STOCK MARKET WATTS
For News of Battle Which
Falls to Arrive.
STOCKS FOR INVESTMENT
In Some Demand = Bonds
Have an Awakening.

New York, May ls.-No great success
attended any EFFORT to awaken active spec
ulative interests in stock today. There
was in fact no very vigorous effort 10
do So the powerful influences in the mar
ket being apparently content to rest on
their oars and wait for more definite IN
formation of the operations Of the cppoe-
ing fleets in West Indian waters The
measures taken by the government TO
shut of all informa ton on this subject
had apparently proved entirely successful
and Wall street was completely in the
dark Oven rumors on the subject which
arc likely to prove plentiful in such cir
cumstances, were not forthcoming and
the market was consequently dull. There
were a number Of conspicuous announce
ments during the day, bua they were by
no means uniform nor Simultaneous
First one stock, then another seemed 10
be the object of some special demand.
but these isolated movements had very
little influence on the general list. Sugar
was the most prominent OF such stocks
and advanced suddenly about points af-
ter a period of early hesitation. Tobacco
also had its period of strength. Rock Is
land continued to lead the grangers and
in the present movement The grangers
were also quite strong. although the vol
ume of dealings was below that OF the
last few days. Later In the day Manhat-
tan enjoyed a period of strength and ac-
tivity. This kind of demand seemed TO
have exhausted itself late in the day and
the semi-stagnation which ensued encour-
aged the bears to make a desultory at
tack on prices. which yielded all around,
in some cases nearly point. making the
close easy at a level considerably below
the highest, but with notable net gains
still remaining for many prominent
stocks. a feature Of the trading was the
way in which stocks which have lain dor
mant for some time awakened. The move
ment In almost all cases was sharply up
wards. There was also considerable de-
mand for small lots of dividend-paying
and higher-priced investment stocks such
as is always concurrent with a release
of large sums of money and an extension
of credits.
BONDS
Bonds showed a notable awakening In
to activity, evidently as a result Of the
more abundant supply Of money. The Mis-
souri, Pacific issues were in demand and
advanced from IL to 312 per cent. There
We're very heavy dealings also in Union
Pacific tours at a slight concession from
last nights price. Total sales were 81
375 900.
United States tours registered declined
4 per cent and the coupon Is per cent in
the bid price There was no other change.
New tours, registered, and coupon, 121A
tours, 1854 coupon, 1922; seconds. 50;
fves registered, 110l3; coupon, 11O12; Pa
ciflc skies of '99, 100.
FOREIGN STOCK MARKETS.
New York, May 19.-The Evening Posts
London financial cablegram says:
The stock markets here were stagnant
but steady today, business being checked
by the general holiday on the continent,
ascension day.. Americans were dull
Consols and similar stocks were good on
easy money. Details of the gold move
ment for the week show the purchase
of 921 600 pounds in bar gold and foreign
coin. the receipt Of 81, 600 pounds from
AurtUia, of 10000 pounds from Egypt, and
of $500 pounds from Australia, and 1000
pounds from South America, and the ex-
port of 10000 pounds to Peru. The dis
count market was weakened today by
the release of a large amount of Japanese
money, which is being let to the market
until June. Japan is also believed to be
endeavOring to invest part of the indemni-
" money IN DIS. All TINS contributes 10
temporarily ease the market"
London, May 19.-Spanish fours closed
at % 7-16, a net gain of 3-l6
LOANS AND EXCHANGE.
New York May 19.--Money on call
steady. 11a to 2 per cent; last loan, IL
per cent; prime mercantile paper. 4Kd5 |
per cent; sterling exchange. steady. with
actual business in bankers bills at 81. S6l4
QAS6I5 for demand and at ST. s3iz64 1914 for |
sixty days Posted rates, 81. S2Iad4.S7; COM !
mercial bills. $4.s2i2; silver certificates. |
5714 ass; bar silver, 5712; Mexican dollars,
45i4.
TREASURY STATEMENT.
Washington, May 19.-Today's statement |
OF the condition Of the treasury shows:
Available cash balance !205, 72S. $50; gold re-
serve, &l75, ~, 2O9.