The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-08-19
COMMERCIAL AND FINANCIAL.
Miscellaneous.

Miscellaneous.
| Wheeling and Belmont Bridge stock
has recently sold for S24 per share, the
par being S25. This is some S15 more
than the stock sold for a number of
years ago. It is now considered an
eight per cent. stock with an improving
tendency.
The Washington Hall Association
have recently declared a semi-annual
dividend of six dollars and fraction
per share. This stock Is also considered
as an improving investment, and has
come up from low figures to its present
status.
There are several wool buyers looking
around the country in this neighbor-
hood, who make their headquarters
here, but we learn that their views IN
regard to prices are rather othsh, ana
that purchases are made with consid-
cradle deIiberation. We are unable to
quote an average price for such clips as
they are in quest of.
The Gold market took an upward
turn on Saturday, having closed above
Al. Gold bonds did not participate in
the advance, but on the contrary, de-
clined fraction. No special reason is
assigned for the advance in Gold.
The first issue of 7-30 notes, now out
standing, is about $4,000, 900; 1920, OO0,-
600 have been redeemed, or converted
into bonds. We have the authority of
the New York Tribune for saying, that
in the conversion of the first series of
40 notes, holders will not be allowed
interest after August 10, and will be re-
quired to pay interest at the rate OF 3
per cent. in currency upon the 5-2O
bonds up to the date of exchange.
The extension of thirty days time
allowed, was probably for the conve-
nience of the Treasury Department,
which is unable to furnish small bonds.
The Tribune says:
Money is had by leading houses at
BAD per cent, and at Sac the street IS
readily supplied on mixed collaterals.
In commercial bills no change. There
is a moderate demand for currency
from the interior, but not enough TO
effect in any degree the supply for the
street. The outflow has commenced
earlier than usual.
The most careful examination of the
books of the Treasury Department at
Washington, thus far, fails to show the
overissue of a single dollar of currency
or bonds. The repeated alarming dis
closures" are wholly unfounded, and
1t is to be regretted that their authors
cannot be placed in the penitentiary.
In regard to the tone of the general
markets at Cincinnati, the Gazette of
Saturday has the following remarks:
The general markets are healthy in
tone, with fair amount of activity for
the season. Flour is held firmly at
full prices in view of the advance In
wheat and the encouraging reports from
the seaboard. The receipts of wheat con-
tinue light, and prices are 1a2c higher.
Corn is scarce and firm, with moder-
ate demand. Oats are less active, but
prices are we'll sustained under light
| receipts. Rye is scarce, and prices ad-
yanced sc per bushel. Barley Is in good
! demand, with limited amounts offered.
Cotton advanced I'D in Liverpool, and
this stiffened the feeling of holders in
our market. Middling Is difficult to
buy under &c at the close. There is
a good demand for coffee, sugar and
other articles in the line of groceries.
Provisions are dull, but there Is feel
ing of security on the part of holders,
and nothing is pressed on the market.
Mess pork is more freely offered at
1923 so, but it would be hard to realize
! over 1923 90 for round lots. Bacon sells
only in jobbing lots at previous prices,
Bulk meats are in good demand, but
not many offered on the market. Lard
is still neglected, with holders at 12Hc,
and buyers at Aa11c less.