The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-10-01

and to smaller extent IN Brooklyn
Transit and Missouri Pacific. The first
named stock fell an extreme 32s and the
other two points. Declines reached 2
points or over in a number of leading
stocks, notably among the Pacifics and
Southwesterns. And also the Wander
bits. Declines of Ito AZ among junior
members Of the last named group gave
emphasis to the feeling of sceptics that
has grown up regarding the much ex-
plotted rumors of q plan for merging all
the members of the group. AmaIgamated
Copper continued under some pressure
but the declines were resisted. The firm
tone Of the spot copper market in London
helped the stock and it closed with a net
loss of Ia. Assertions were made in a
demonstrative way that the nited States
Steel stocks were to be advanced this
wee kon the ground Of the declaration
20 be made tomorrow of the regular
quarterly dividends on both the common
and the preferred stocks and on the pre-
sentation Of a detailed statement of the
finances Of the company at tomorrow's
meeting, but these intimations did not
cause a rush to buy the stocks, specula-
tors persisting in distrust of industrial
stocks after the recent experience in the
Amalgamated Copper. Statements that
working agreements had been made for
the continuance Of Western Union wires
along some railroads in which the Penn
syivania owns an interest were offered as
disappearing the apprehension of hostili-
ties between the Pennsylvania and the
Gould interests. The admission Of an
additional Standard Oil representative
in the st. Paul directory led to the pro-
phesies Of a similar representation nthe
Union Pacific directory and the alleged
completion Of negotiations between the
Atchison and Hartman interests for the
use Of the Pacific Mall steamships by
the Atchison were used to point the same
inference, namely the safety Of the com
munity Of interest Except for rise in
Pacific Mail no effect was produced by
these reports, but the apprehension Of
a lowering over the market that the
community of interest is not IN reality
IN concert with the financial powers.
but only balance of those powers. The
october currency requirement kept unes-
siness alive regarding the money market
future, seemingly with little cause. as
sterling exchange weakened TODAY and
New York exchange hardened ct Chi
cago. The sub-treasury paid out today
on account Of gold deposited al Pacific
coast points s1.ei4.774 and for Government
Bond redemption s1.250OO0. The steamer
also brought the one million dollars IN
gold which was engaged In Paris over n
week ago The fact that railroad earn
lngs Tor the third week in September in
creased over the corresponding week of
last year only 4.46 per cent. compared
with an increase for the second week of
IT, y per cent, was cited as evidence that
the corn crop shortage was beginning to |
make an impression, and last week |
small grain receipts at Chicago formed |
IN additional argument for the bears |
The market closed firm at the rally |
caused by covering Of shorts.
Railroad bonds We're dull and irregular.
Total sales, par value. $780, 900. United /
States threes advanced 4 and the old /
tours and the refunding twos i per cent /
on the last call. The new tours de- |
elinsd L per cent