The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1869-05-18
. Bankers holding Schene.

exchange. Bankers holding Schepe-
ler's bills were buyers of gold and
bonds to fortify themselves, and others
having contracts with the firm were
compelled to do the same to rectify
their positions on the market. Several
other firms were at first reported failed
but all paid up their losses before three
O'Clock except two small brokers firms
and they have made provision for pay.
ments. The effect in Europe ts awaited
with considerable anxiety. There Will
certainly be increased caution among
bankers here for some time to come,
and if this failure unsettles matters IN
Europe it may hasten shipments OF
specie. Rumors are circulated OF the
failure of London firm with liabllt-
ties exceeding 10000 sterling. and
the advance of The Bank of England
rate to per cent. AS to day was
legal holiday in England there is pro-
badly no truth in the reports.
Money was rather more active this
evening, owing to the shifting of some
loans in consequence of the failure
above alluded to and the fall in stocks.
The demand was promptly met, how
ever, at 6a7 per cent. on call; prime
discounts 7a9 per cent.
Sterling firm at 92Sa91z for prime 20
days, and 1923 for short sight,
The gold room was the scene OF wild
excitement most of the day, and was
very active and buoyRnt, and before the
formal opening the price touched 1925.
The first recorded sale was at 14lH,
from which there was a decline to
14OX and returned to 14l5sa14lA at
the close. Cash gold was In active re-
quest at 7 per cent. early in the day,
down to per cent. and free of interest.
GOVERNMENT SToCKs-Have been
strong at a further advance, the prin-
cipal sales having been made at NaA
per cent. above Saturdays prices. The
foreign houses selling gold at an ad-
vance have been large buyers (it IS un-
derstood over 81, ,0OO, ,OOO, and there were
some purchases to cover shorts; 6Ts
are in especially large borrowing de-
mand, and are carried at per cent,
and in some cases flat.
Coupons 'Sl, 12l1sa1221S; do. '62, 12la
12l1S; do. '64, 1163Ea11619; do. '65, HES
all7X: do. new ll9all91; do. 'G7, 1!9a
1875; do. '6S. 1l9All91s; lO.4Os lO9alO9A;
Pacific 1O7al07H.
EXPRESS sSHAREs-Wells, Fargo & Co.
333Sa34H; American 4OHa4OA; Adams
81 15a6l5s: United States 65za66: Mer-
chants Union 15a15N.
SToCKs-5:3O Prices: Pacific Mail 9419;
Western Union Telegraph 313a435s;
New York Central ISlLalSl3S; Erie
29X; do. preferred 5lA52X; Hudson
I54Na155; Harlem 1461Sa1464; Reading
95Aa96; Chicago 81 Alton preferred l6O;
Terre Haute 39Xa4l: Wabash 742<a75;
st. Paul 77a771z; Fort Wayne l5lNa
1917; Ohio 81 Mississippi 327sa33;
Michigan Central 120; Michigan South
ern; ;1O5Ha1O55S; Illinois Central l4524a
146; Pittsburgh 93a93%; Lake Shore
1857; Rock Island 125Ha12515; North
western 9O11a9Os6; Cleveland, Colum-
bus & Indiana Central As.
S,1,ot-na,.
MAY FLoUR-Dull and prices
dropping; family S6a6 25.
GRAIN.-Wheat-Qu and unchang-
ed: No. at 81 IS; No. at 81 43. Corn
Dull at 64a65c for ear, and 66a6Sc for
shelled, the latter rate for white. Oats
Quiet; No. 2 at Csc; No. l at zoe. Rye
Dull at 81 34al 80 for No. l.
CoTToN-FIrm; middling 27a2713c.
TJBACCo-Unchanged and i'll good de-
mand at full prices
WHIsKY-Firm at Csc.
PRoVIsIoNs.-MessP Pork-Qulel; held
at $50 SO. Bulk Meats-Quiet. but held
firmly at 12al4Hc; sides are saleable at
l4c, but generally held as quoted. Ba-
confirms; closing at l3al6HalGNc for
clear rib and clear sides.
Sugar Cured Hams-lSal9c, with fair
demand.
LARD-Sold to the extent of 200 tierces
at I771c, but could not have been bought
below 1Sc at the close, but not much
offering; the advance in gold made
holders withdraw from the market.
BUTTER-Unchange fresh 35a37c.
EGGS-17c.
OILs-No change. Linseed Oil-Job-
bing at 81 o.. Lard Oil-$l 4Oal 40.
for refined.
PoTAToES-Exceeding dull; market
selling in small lots at 70
a3Oc per bushel.
GRuCERIEs-Firm and in fair demand
at previous prices.
GoLD-14OH buying.
MoNEY-Market firm; good dema nd
for loans at 9Al2 per cent.
EXCHAEGE-Steady ut par TO 90 pre-
MUM buying, and lilo premium sell
ing.
MAY l7.-FLoUR-very quiet;demand
chiefly for low grades, at s. 4Oa6 80 for
fair to good spring extras.
OBSERVATION-DISCLOSURES f1rmer and
higher, but weakened toward the close;
sales No. at 81 Is; No. 2 sold early AT
81 14La1 I47<, declined to 81 13a1 l3I1,
and closed at 81 13Ha1 II; sales since
and &c higher; sales No. at 6315c; No.
2 58a59c; rejected 5OHa5lHc; new 5311c;
no grade 45c, closing at 621Ic for No. l;
5Sc for No. 1; sic for rejected, and 53Hc
for new; nothing doing this evening.
Oats-Dull and &c higher; sales of No.
2 at 6Oa6O11c, closing at 596a6Oc. Rye
More active and firmer; sales OF No. 1
at 81 14a1 1411; No. 81 12al l3, closing
at 81 lax for No: l.
Hoas-ModeratelY active for bes.
grades; sales at $9aS 25 for common;
SS 65aS So for fair to medium; S9a9 As
for good to choice; 80 5Oa9 IS for extra.
CATTLE-Steady and moderately ac-
tive for upper and dull for low grades;
sales at S6 121za6 25 for light steers.
and So 5Oa7 80 for fair to choice ship
ping steers.