The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-11-29
STOCKS AND BONDS.

New York, Nov. 2S.-Prices of stocks
closed today considerably higher than on
"Wednesday, in spite Of some rather IN
favorable developments and the contin-
uSuce of some apprehension over none
tary conditions The advances were at
tributed 70 some extent 20 the demand
from the short interest to cover. In
ducemcnts 10 do this were offered by the
bidding up Of prices By an element
amongst the traders which set out TO
make campaign against the bears. The
short interest was known to have. been
accommodating contracts for q consider
able time and their commitments We're
extended on Wednesday on the eve of
the holiday. Today : trading, neverthe-
less was dun. as shown by the total
transactions which did not exceed half
million shares.
The attendance at The board was small
many brokers having left the city on
Wednesday evening 10 stay over the end
Of the week. 1t was regarded as a IA
vorable incident that the day passed
without any additional pronouncement
of hostility Oh the part of either side TO
Inc controversy for control of dorado
Fuel.
The most notable demonstration Of the
day was in Louisville and Nashville.
which was lifted nearly seven points
y
nois Central in s. mpathy. The move
ment was unexplained except On the
ground OF comparisons contained IN
recent circular Of the investment value
OF Louisville as compared with other
dividend paying stocks. The movement
H. sugar contained all the car marks of
campaign against the shorts and the
urgent demand at the last carried the
price up over ; points. Vague rumors
OF deal accompanied the rise IN Hook
ing Valley. Another center Of activity
was in the local transactions. Brooklyn
Transit a. this time led the advance
Manhattan was very active bat fuCtuat-
ed narrowly and showed the effects 81
realizing. Rum0rs We're again circulated
OF combination IF I'll the local transit
facilities ard a share in their control IN
the interest Of erusylvania anc New
York Central The strength Of -. aul
was due 70 the expectation that the d.
rcctors would act on the authority to
.ssue now stock ar todeys meeting. The
stock ran OF on the adjournment Of the
meeting without action.
hesc various centess of strength help
ca the general advance in the market
which reached point or more in long
list OF. stocks The market receded when
the cali money rate advanced 10 SIX per
cent in the late dealings but rallied
again ana closed steady Under the in
fuencc Of squirt in sugar the preiiml-
nary estimates f0rEha3owed q poor bank
return tomorrow These estimates *
tend only 90 Wednesday evening owing
To the holiday. Up Il that time the
banks had lost TO the sGb-tressury SO
eJa. Including deposits for transfer t. the
Interior Today there was q posted -
addition $4,000 Tor transfer 20 San Fran
cisco and Sf334oa tar transfer 20 Chicago
The sub-treasury also had credit nal-
ance AT the clearing house this morning
IS o result cf accumulated revenue col
lect.ons over the holiday The interior
uovemet If currency b. express was
-raan both wayF ans the receipts here
or balance amounted ~ less than $4,000
New York exchange 1T Chisaso also r.
covered today u - cents discount Ster-