The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1869-01-04
DRY GOODS.

Dlt1 hOObSs
This being n day between two holidays the
market as might have been expected, has
been cha ructeTIZed by extreme langor, but
prices nevertheless are firmly sustained. ana
an improved inquiry Is anticipated DOtn Tor
cotton and wOOen ROOdS ere long. Incfe
nave Decn numerous changes in business on
the lSt inst, and on this account buyers have
remained out OF the market recently.
MONEY AND STOCKS.
HoNEY-Was quite active up to 3 o'clock,
and commissions or tsG4 per cent were
uu!d in addition to per cent in currency.
After that hour loans Were made at = per
cent and in some cases nj simple interest on
Governments. The January half yearly
disbursements commenced in earnest to-
day, and these Will tenu TO ease money In
future. The Assistant Treasurer has paid
out 81 .5COOOO in coin as interest. II is be-
| lieved that more money WIS sent West last
| week than is generally supposed, chiefly 10
| Cincinnati, but an early return OF lunds
| frOmChicagO is anticipated from current rate
| OF exchange tn ere on New York. The dis
| count market is neglected. Reports are cur
| rent of the failure OF Il dry goods JOObing
| house with Southern connections.
| STERLISG-WaS in more than usual de
| uIand for Saturday, with good deal OF buy
ing OF cotton bills in expectation OF de-
mand from parties deslrous OF reinvesung
| in dividends and interest, the total or which
| Is estimated at over fifty millions. Prices
now range about 2149i per cent above those
GoVEiSSMENTs--6's, 1851, ex-coupons, III sH
| ElI&; do 81, eX-coupOns. lll5s9 llS5sr do UI,
ex-coupons' lV7L49iUI. 90 10. e3-G04pons, 51Ip n
] y
~, ex-coupons, l01l4UlQI34; do Us. ex-c0u-
pons, 1913 ,tGlU7La; lO-iJs, lO6,I 1905.
| sToCKS-In tbs main are strong, with the
oreaIesG activity i'll Rock Island. New York
| Central and Northwestern. The first named
sold up from lis to III :, and feilt llTs9l2 10
| at close New York Central has fluctuated
| between 1881 sGgl6Ois j., while Northwestern
common rose from H.t2 TO $40, and preferred
| from So. to S4i :. which rate was not sustain-
| cd al the close. There was a moderately ac-
| tive demand for old southern, which sold HS
| nlEn rs So !; and Pacific Mail, which touch
| ed l2u. Otherwise the market is quiet and at
| close prices were steady.
$50 Prices: Pacific Mail. ll9l4@lly}s; West
ern Union Telegraph, 3iet3li4: New York
| 9SI sm0,.', WABASH, 59l495y}2; 81. raul, Oss4eS
| 10: Fort Wayne. ll3l4cCll614; Ohio MiSNls-
| sippi, 3G' 4ct3I; Michigan southern, SI]4@SH;
| illinois central lllG III; Pittsburgh, $500
| So :; Toledo, lOl&!OI12; kock Island, 1895 s,G
I2u; Northwestern; 81" a9Sl7s; Columbus, Gil
c"s% s4%RksS ~ SHNHEs-Wells, Fargo & Co. 2il.
| 6l2,I%; American, 4O9i2; Adams, 4SI4TiS;.;
UnItcd states, 4l32@b; Merchants Union,
TIE ktprCSs says the new year has fairly
| opened III Wall street. and even thus early
III It's infancy there are indications OF an APP
| preaching speculative excitement in stocks
| which promises totqual amy thing i'll the his
| tory OF the past. rue great railway kings
Hrr marshaIIing their fore s and oISanizlng
| for the contest, or in other words the bulls
elated by recent successes are about to make
| tuIther onward movement. The bear party
was demOraliZad and dlSOrganiz4d by the
sharp rise in New York Central TO l61, and
do not certainly preSt mt Il very bold front to
the advancing column OF bulls. The Comb
nations are all organized ana ready to move
on with the programme laid out. The Van
deIbilt party is the first one on the list with
the New York Central, Harlem, Hudson
Kiyer Toledo and Wabash. The reslOra-
tiOn Ofamicable relations between Wander
bilt and Jay GOuld, or at least the end OfIhe
Erie ana central contests in courts, which
is already mooted means the leg4liZatiOn Ol
the kcrip dividend by the legislature, and
This turn means higher prices for Central
The negotiations anu alliances OF Vanderbilt
with me Me9tern ROADS IN December
J friendly relations with the New York Cen
traI,an it is said the Commodore and friends
already have a firm hold on a considerable
portion of the stock. A large amount OF
money has been spent in equiPping this
road for several yeals, and 1t is rumored that
the Vanderbilt principle OF the scrip or stock
dividend will be applied TO the Toledo and
Wabash. The Erie party are also on the bull
track, and have the Erie, Rock Island and
, Ohio & Mississippi as their special favOriteS
The lease OF the Columbus, Chicago and In.
diana Central roads gives @ tne Ere ana Cnica c1r
, after the Rock Island by free purchases Of
stock to control the next election. In this he
is opposed by present managers who seem
desirOus to claim their possession OF the road
: | while the Northwestern party Is aveTse tC
Il ock Islands passing into the hands
OF the Erie. Jay Gould Is alive to the I'M
pOrtance of connection with the Union
Pacific, and this is the secret OF the contest
for Rock Island. The OHIO and Mississippi
now prOrates with Erie and is working III
harmony with it. This forms the basis for q
rise In this stock. The Northwestern party
forms an important part OF Wall street, and
are backing their Northwestern common
and preferred shares on the large earnings ol
the Company. The Michigan Southern Is
also under the control OF this party, and un-
der manipulation for rise. The Pacific
Mail combination, which Is undeEstCod tC
com prise some OF the directors, is also work
ing for rise on the theory OF a liOeT2 divi-
dend in February; thus II will be seen toe
three great railway kings and financial chiefs
OF Wall street, Vanderbilt, Gould and Keep
are for once financially on the same plat
form. Around each one OF these railroad
: kings cluster many adherents OF lesser fame
but all possessing more or less prestige, money