The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1866-08-13
COMMERCIAL AND FINANCIAL.
Miscellaneous Items.


Baltimore & Ohio Railroad stock Is worth
ia In Baltimore.
National Express Company stock is down
to SI:5O In the Baltimore market, with no
bid, says one of the papers there. Consider
ing that therehav already been SIS per share
paid upon this stock, the decline is almost
shares in the First National Bank of Vince
ling were recently sold ut lis.
The par Of the Parkersburg branch Of the
baltimore & Ohio road is so. The stock Is
quoted at l6.
Central Ohio stock quotes at 2O-on par of
SO. The LIST mtgS are worth 81.
Marietta q Cincinnati rs Ore sold at 81.
Cleveland & Pittsburgh mtgs quote as fol-
IowS second SO f e5d 70 gi Fourth - The
in July, 1885.
On and AFTER the LIST OF August the banks of
issue, both National and State, are to be taxed
lOper cent on any of their old notes they pay
out after that date. But this by no means
depTeciates the old State bank notes which
are held by the people at large. They are Just
the same In value as they were before the 10
per cent tax law went into effect, and the
banks that issued them are required to re-
deem them just as before. The law Imposes
the tax exclusively on the banks which may
pay them out hereafter, put the tox does not
apply TO the circulation outstanding previous
TO the LIST Of August.
The quotations for compound notes are MS
July dates, li8GliSIS; 1854, August datess,' ii2i
@ll25z; 1884, October dates, lll1$6IlllI<: 1854
December dates. llO539llOH; 1855, May dates,
1855, September dates, 1861 1869; 1866, OctoS.
Der dates, 1860 1857.
Concerning the stock market the money
| writer of the Baltimore Commercial ventures
the following opinion:
The public are becoming interested in the
market, and the bull side Is the faVOrite one
with new cOmerS The fall campaign has
evidently commenced thus early, and with
such abundance OF money and unusual facili-
| ties for specializing In stocks, there is every
reason TO look for prolonged activity on
| Change. There Will necessarily be fiuctua-
tionS from time to time, but in the absence Of
| legislative interference, the various stock
very much their own way for some time 10
come. There are spectators in New York
| and in our other large cities who are bold
enough TO run the gauntlet with the bulls,
and who are willing to accept contracts for
future delivery OF stocks, or who borrow for
delivery from day to day. 1t Is the increaS-
Ing bulk OF this very element that is giving
| a healthier tone to:the market, and Is rem
| dering the path less dangerous to our outsi-
ders generally. -.-
Some OF the most cautious houses on Wall
street, and even those who are constitution
ally bedTish, would be willing purchasers of
almost any stock on the list alta reaction and
| thus advise their clients by Telegraph this
afternoon. In an active market fluctuations
are desirable If not too vivid or severe, and
the prospects are that we have q market of
this kind before us, as for gradual sinking
or rapid cadence in prices, with the amount
Of money at the command OF spectators to-
day, and which will be increased on the 18th
instant by disbursements from the Treasury,
Is altogether out of the question. True 1t il
that the coming crops will soon be brought
proportion which, instead of absorbing the
currency which is aflOat in our commercial
centers, will be exchanged for other commo-
dities already on hand at their destination,
OF augmenting their present pecuniary re-
sources.