The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-03-22

terest left uncovered after yesterdays
operations for the decline The specu-
lative leaders were very active in their
efforts to cause a resumption OF the srong
bull market which has recently prevailed.
They were only partly successItI, al
though they had the assistance OF re-
port late in the session that the Anglo
Russian difficulty had been settled A
unmber of stocks were fairly buOyant
during the day and others were markedly
strong but the advances were not all Well
held and there were frequent reactions
after the recovery had set IN. burning
ton was in demand from the shorts and
there was a combined upward movement
at one time in the grangers, Paciflcs and
Southwesterns. Heavy realizing met TINS
advance and difficulty was encountered,
especially in the case Of Missouri Paclhc,
in upward course. The Fries were the
conspicuous feature of the later market
and were lifted from 215 TO points, the
latter the second preferred on enormous
buying.
Recently current reports Of early divi-
| deud action were all revived. The Wa
bash securities were in god demand. the
! preferred rising "a over last night. me
movement in the Fries helped all the
+ cOalers. Sugar shot up 81 points ana
( Peoples Gas and Tobacco had their Pc
/ RODS of strength The international Pa
]
/ to "A for the common and preferred
/ National Salt gained ~ and the preferred
I Z mere was quite q long list OF minor
I railroad stocks which moved up from
I to 45s including Chicago, Great " est
ern and the preferred, the chicago, IN
dianapOlis and Louisville stocks, the iowa
/ Central stock the Minneapolis anc 81
Louis stocks, the Lake Erie and Western,
/ Peoria and Western, and the New YORK
/ Chicago and St. Louis stocks. North
] America advanced Ga over last night
/ Amalgamated Copper was strong on the
/ regular dividend declaration The steel
stocks were decidedly quiet ana moved
narrowly but recovered to some extent
/ from early heaviness. notwithstanding
hits quite impressive showing Of strength,
there was no renewal of the Universal up
/ ward movement which affected the whole
market at times during the last few days.
] The weakness Of the Brooklyn Transit
had q somewhat unseJLling effect and
American Snuff preferred broke ~.
That there is some latent uneasiness
over the money outlook is shown by the
eager discussion OF the possibility that
the secretary Of the treasury Will re
oeem government bonds, and thus benent
1.-The money market. The excess OF govern
ment receipts over expenditures thus Tar
/ this month is only about han tnat TOT
the corresponding period OF last year
but it was not until AFTER AaIch II tH9't
the heavy disbursements on account OF
premiums on refunded bonds began last
wear and il IS beginning to be perceived
that the money market Will keenly feel
the lack of some such source Of replenish-
ment this year. The possibility OF wal
between European nations draws atten-
uon to the international exchange sltua-
ton. Touay discount rates hardened IN
London again, and sterling exchange
here rose to a higher level whue can
loan rates ruled from ~ 10 3 per cent.
The railroad bond market continues
very active. many new issues coming into
prominence today. The price movement
was irregular. Total sales, par value
50 255. 600.
United States refunding twos advanced
Il and the old As declined Is per cent on
the last call.
Closing prices of stocks were as fol