The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-04-03
SPAIN NEWS SCARCE
Hence Selling on a Presump-
ton of War Continues.
YET GAINS ARE SHOWN
Foreign Exchanges Take New
York's Initiative.
EFT GAINS ARE SHOWN

New York, April News having an i'm
ton of this country's relations with
Spain, was exceedingly scarce today, as
congress was not in session The absence
Of developments left the situation much
as it was when trading ceased yesterday
afternonf1, and when all classes of owners
were offering stocks for sale on the pre-
sumption that war with Spain was in
evitable Yet prices show net gains today
extending to over point in many masses,
and the extreme recovertes from the low
est variations compare favorably with the
violent changes of last Monday and
Wednesday.
London was a buyer to some extent
here, in spite of the significant weakness
of Spanish fours on foreign exchanges. 1t
is evident that foreign exchanges look
to New York for an initiative for the pres
ent.
The total sales of stocks today were
277 800 shares.
BONDS.
Bonds moved in sympathy with stocks
but have not been as active. Prices are
2 to 3 per cent higher and in exceptional
cases to per cent.
Government onds have weakened in the
latter part of the week, ut they show
net advances over last Saturday amount
ing 70 pa per cent in the new fours, cou-
pom. per cent in the new tours. regis
tered; per cent in the old tours, coupon,
and p per cent in the fives
FOREIGN STOCK MARKETS
London, April 2.-Operators on the
stock exchange today, elieving that war
is inevitable, endeavored TO realize on
American securities as much as possible
After the close of the market these secu-
rites sagged lower, dealers aiming to get
their books level with the fall in Spanish
fours, a result of Paris selling heavily.
New York. April 2.-The Evening
Posts London financial cablegram says:
1.-THE stock markets here opened fiat
today, but there was no panic. The con-
dition was apathetc with a certain
amount Of nervousness in places. The ac-
count is generally really too small to
warrant anything like a panic. The chief
apprehension Is in the money market. on
fears of a further gold drain to New
York in the event of war.
Paris, April 2.-There was an all-round
weakness on the bourse today AS re-
suit Of the collapse Spanish tours were
offered by the wholesale. partly on the
INSTRUMENTATION situation. and partly
on the quashing of the sentence imposed
upon Emile Zola. Among the interna-
tional securities Russians and Brazilians
were mostly affected Spanish tours closed
at 491s.
THE BANK STATEMENT.
New York, April 2.-The weekly bank
statement shows the following changes:
Surplus reserve increase $1,S69, 325; loans,
decrease 81, 1920; specie. increase s., 266,-
600; legal tenders. decrease s4.250. 700; de-
posts. decrease, So. 314 700; circulation. in
crease S4,1O0. The banks now hold $685.
900 in excess of the requirement of the
% per cent rule.
TREASURY STATEMENT.
Washington. April 2.-Todays statement
of the condition of the treasury shows:
Available cash alance $226, 032. S32: gold re-
serve. STA, 701. l65
WEEKS EXPORTS AN IMPORTS.
New York, April 2.-Exports of specie
from this port for the week ending today
were s949. 422. of which S133, 464 were of
gold, and SS15. 7S9 were silver bars. I'm
ports of specie at New York for the week
ending today were S7165. $50. of which
s., ,494 wer of gold. and S7S 2S6 were of
silver. The imports of dry goods and gem
eral merchandise at this port for the week
ending today, were $5,312, 6l5.