The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-10-06


Refining company made another reduction
IN its prices today. Al domestic grades
were reduced nc. bringing granrLated
sugar down 10 5lsc. t Is reported that
Howell & Co. representing me National
and MolIenhauer (oppos-tto1) reiner1es,
are quoting graduated sugar al &C.
New York, Oct 5.-SpeczIative atten-
ton was directed % the American sugar
Refining company's shares today BY me
CIT II the prices OF the various grades
OF uSre product A6v.ceS from tae sugar
district were that dealers were holding On
in expectation OF further reductions and
thai q lively war IL the trade was looked
for Wall street received the various de-
veh0pmerrs with some concern As r was
felt that renewed liqUladaC3on n sugar
would tend 70 deprive Cbe market OF the
outside support which II was row eIpe-
rfenclng and thai the Efforts wn4cn were
making 20 sustain various speclaIt1eS
would De abandoned Subsequent Cevel-
opmenCs however served 70 Teassure the
''sur eet' as supporting orders were placed
all around and the drop in Sugar Of
points % 1L2lt vas without appreciate
effect The hrmness OF the general mar
kst, coupled with open buying OF other
indJEstrrals by q leading interest, brought
about a late rally Of 2 points in Sugar
IrreglIIar1ty was quite pronounced
throughout the day and the LIST gave bt-
tie semblance Of strength except for
brief interval at the start and again in
the late session. The absence Of j deC1-
slve tone led 70 the cancellation Of some
commission house orders and London also
alternately bought and sold Local trac-
ttor stocks displayed a good tone PeO-
pies Gas. after a period Of neglect. loom
ed in prominence and bounded up points
on reports Of an ami bic adjustment Of
recent difficulties Fluctuations in the
railway stocks were confined within mar
row limits except III one or two cases.
Northern Pacific common making an
early conspicuous display Of weakness.
Improvement IN grain prices, coupled
with the heavy export demand. sxerLei
a sustaining Influence on rtle western
shares, which Offset the frequent gyra-
tons OF the speciaIUes. Final dealings
were characterized by strength. but net
changes are irregular.
BONDS.
A brisk demand developed for the bond
issues Of reorganized properties and those
in process Of rehabilitation bur reaIza-
tons in Denver and Gulf ffrs-s wiped out
the Improvement established Total sales
were s. $50 000
Government bonds were unchanged all
around in bid prices.
FOREIGN STOCK MARKETS.
New York, Oct. 5.-Tne Evening Posts
London financial Cablegram says:
The stock markets here were quiet
today, but OF good tone, notably Amer
cans. For the reasons stated IN these
dispatches yesterday, professional inter-
est II Americans is again Indicated here,
but the closing was distinctly under the
best prices in New York on foreign sell
Ing and realiZatbons here Northern Pa
c.fc was especially lower. There was q
sharp rise in Grand Trunk by CLIQUE buy
Ing, and the market was caught short
Of stock. Spanish fours and P0rruzuese
securities wer firm. the latter On the re-
neWa1 OF the Delagoa cess-ou reports.
The latter probably affect Kafft-s. The
reputed consolidation Of Anaconda with
another mine is denied IN gold quar-
tiers. New York is buying gold AT rs
HID. which keeps the discount rate firm
at IS per cent Call money was easier
On release Of government dividends.