The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1869-02-17
COMMERCIAL AND FINANCIAL.
nARKETs BY TELEGEAPM.
NEW YONG, February II.


CoTToN-Dull and heavy; sales 900
bales at 293c for middling uplands.
FLoUR-Market closed dull and 5a10c
lower on medium and good grades.
GRAIN-Wheat-Dul and nominally
lower; scarcely any milling demand,
with only a limited export inquiry.
Rye-Dull and heavy at 81 40 for west
ern. Oats-Quiet and heavy at 741Ic
for western in store. Corn-Dull and
heavy at 9Oa9Ic for new mixed western;
81 O2 for old mixed western in store.
PRovIsIoNs-Pork-S at $32 50a
80 rs for new mess, cash, regular and
future, Beef-Quiet and unchanged.
Cut Meats-DulI and nominal. Bacon
Steady with moderate inquiry. Lard
Steady at 192<a197sc for good to prime
steam.
Ea0s-Dull at 22a24c.
MONEY AND STOCKS.
The great feature of Wall street to-
day was the stringencies in money and
the depression 1t caused in nearly all
directions. The demand being active
throughout the day, government deal
ers were generally accommodated at Z
per cent, and in some cases were lend
ers themselves. Stock brokers paid Z
per cent. currency to per cent. gold,
and in few instances II commission of
1.16 was added to legal rate in currency
in the gold room, and paid 6 per cent.
to 80 per cent to have their gold car
ried. This sudden change in the money
market is the result of the combination
of the leading bears in gold stocks and
governments to lock up Rreenbacks
and depress the values. The recent
sharp rise in governments caught some
parties largely short, who made COM
mon cause with confederates in the
gold and stock markets. The action OF
certain bank officials says the Express
was very suspicious, and 1t Is believed
thev are interested in their bear combi-
nation.
STERLING - Weak and unsettled;
prime bankers 1082<a109, good bills
iOS%: sight bills 1O91SalO94.
GoVERNMENT SToCKS-Opened firm
with an Improvement OF 1SaLc over
last night. After the early call dis
position was shown TO realize, which,
added to the lack of Cable advices,
made heavy market, dealers general
lv holding of. at the noon call, 'consid-
erable excitement prevailed, sellers be.
ing very numerous and prices about
XsA per cent. lower; the market
again hammered before the close, and
there was further decline, but the
final feeling was strong, with recov-
ery of 1saN per cent. under Cable quo
tations Of 10 at London, and 81 at
Frankfort.
Coupons 's1, 11415a1149<; do. '62, 1142s
a1I5: do. '64, i131Sa1135S; do. '65, 1898
1l3L; do. new, 1l0Ha1l0A; do. '67, Ill
al11Is; do. '6s, 1lla111N; 10 40s, 1091ss
1O9N.
closed at 135.
STocKs-Railways opened heavy, and
during the forenoon there was de-
cline In the entire list of u to per cent
The Supreme Court decision on the le'
gal tender question is step toward the
resumption of specie payments, ano
was regarded as unfavorable to higher
prices at present. ohio q MlsslssiPpi
| Northwestern, old Southern and Read
ing were the most active. The miscel-
laneous and express lists were all low
er In the afternoon. The general mar
ket continued heavy,and large amount:
OF stock were sold by the bear combi
nation, while money was stringent
which also slaughtered the weak hold
ers. The market closed excited and
unsettled.
$3.50 Prices: Pacific Mail 110Na1l09i
Western Union Telegraph 36Ha36N
New York Central 16laa16lH; Erie Boa
361<; Hudson 135a1351z; Harlem 1859
Reading 9lXa92; Terre Haute 39a39
Wabash 65a65h: st. Paul 6i24a69; For
| Wayne 1179<a1I776; Ohio IL Mississippi
32Aa33; Michigan Southern 93a93H; IL
linois Central 1441S; Pittsburgh 9Oss 8
9Ok; Toledo 1041<a104as; Rock Island
125Ia127; Northwestern 821Sa82M.
EXPRESS SHAREs-American 45a46
Adams GA Ha65; Merchants Union 19Ns 6
1917.
FEBRUARY l6.-FLoUR-Very dull al
$7a7 SO for family.
GRA1N-Wheat-Ve dull and prices
irregular; No. winter sold at 81 SO
and No. could not be sold at better
than 81 60. Corn-Dull at 63a64c fol
ear, and CSC for shelled. Oats-Quie
at 4Oa42c for No. l. Barley-In fair de
mand at 81 2Oa2 45 for prime to choice,
CoTToN-Dull and nominal; middline
held at 2811c, but there is no demand
ToBACoo-In good demand; sales to
day of $50 hhds and 26 boxes lugs anC
trash at 81 10 to SS rs and leaf at 50 tt
$25.
WH1sKY-Firm at 95c.
PRovIsIoNs-Firm on the part of thu
holders, and there was more inquiry
but buyers and sellers being apart il
their views there wBs not much done
Mess. Pork-Held at $33 90. Bull
Meats-13La15Lc. Bacon-At 141<l
17k and 1870 for shoulders. clear ril
! T,ard-At 21c-