The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1870-03-16
Now York Money and stock Market.


MoNEr-NOrc active but easy at 500 pOr cent
y sTEaiNa-1Ieavy al 7sSs per cont. The
steady reduction In rates 10 suspected To be OceA
stoned BY leading bankers for tho purpose Of
buying up cotton bills, and those OF secohdClaEs
bankers chiefly. III.
Irregular and ieVerlSh throughout the day. The
price opened At 1I1k aud advanced 10 1l94 OH q
Washington telegram that several members OF
the Ways and Means Committee had waited upon
tho President who informed them that he did
not want any funding this season. and was con-
tent with tho present financial situation. SubSC-
QuUntly other dispatches announced 10 the effect
that tho reference Of tho bill 10 the Ways and
Means Committee was favorable 10 ita passage
In, the House. ,.,-..t.
ate Committee on Foreign Relations had decided
agRlnBtthe annexation, or st. Domingo, and btll
latOF came the news that the House Committee
on Banking aud Currency could not agrCe on tho
redistribution Of fOrty.hYe millions OF tho Ma
tloIAl bank ICircnlal0n. Under those tclGETanls
the Gold Room become hOpcle4Rsly mixed aud
the price declined to l11I11l1K at tho close.
Other accounts represent references 10 the Fund
Ing Bill a. untavoEablc to tho passage, at
least witnput material odllcatiOns. The weak.
ness In Foreign Exchange las acted uniAyOrably
on tho market and assisted bear influence. Car.
rying rates 3G5 per cent. ClCarancpS, $920 900.
The cotton market was tho scene or c0nStuet1'
bic activity and excitement to-day and prices Ad'
vanCCd Nc on spot and 1fGhic for forward dGlive'
Fy. This rise Is du6 to tho advance In Liverpool,
which created much surprise, In view Of tho In.
creased arrivals there.
GbVKRNNENT BONDB-Quiet, hut closed Arm
under the reference Of the Funding Bill. Consid.
etable purchases werc made by financial Institu'
tons. ..t ~ .4r . s....r
United States gs OF 1881, coupons. lis 0ii51
FtVG.twGntles u9d9) -. Il. .1i0SDll0x
EiVO-twentles Q6BD ..........I... JOB Ql19h
FlVe;twGnticS ll6lS( lDyhG IVY
Fty0.twentlCS (lS66) new. ......,..., .19SH@106A
FiVc.twCntiUs (1961 L. g. 100 Dl09A
FlVe-twenties 1853 .......,..!..... 0gA1to9h
EGn:torties; s;.".S......,.. ........'''!!S 9!9SA
'STocKslHCayy and lower, with principal deal
ings in Northwestern, St Paul, Lake Shore and
Pacific Mail Northwestern was doprpssed 6y
thareport that tho earnings for the second week
OF March will show d decrease OF over $4,000
The market, however, rallied before tho close and
stcadIet, but still unsettled. Mlsccllahca ltsl
heavy, ExprO4S shares neglected.
Western Union Telegraph, sax; Adams ES
pfesB, q; Wells, Fargo g Co., 203S; American
asX; United States, 49R; Pacific Mall, 39k; N0N
York Central, III; Eric, 2iX; Harlem, 14$ Hqd
kon. Scrip, 95S; Reading, 061t; Michigan Central
| lIpx; Lake Shore. S6k; Illinois Central, 40
PittSburgh,S O7H; Northwestern, 7lh: do. pro
Gerred, S6k; N0ck Island, 1l8A; St. Paul, cox
do. preferred, 73E: Wabash, 461E; do. preferred
u; Fort Wayne, 8sS; Terro IaHte, 81: Chicago
d Alton, Il0; Ohio Il Mls8lsSippI, 28IS; New
Jersey Central, 1O9k Hartford 4 Erie. 0: ClCvO
| land, Columbus d Indiana Central, 1Dk.