The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1870-07-19
Commercial and Financial.
New York Money and stock Market.
~ ~ Nrw Yopr. IulY la.

NAW AOAAAt SA4S
The excitement III The gold room to-day was
fully equal TO any day BInee the Septe mber panic,
and tho price ranged between 1IIk0 lex. For
elgn bankers have been buying on orders trom
thu other side, which seem 70 have been given IN
anticipation Of general European war. On the
street early sales were between l4IkDll8 the
hFst recorded sale was At 1l7K, Stter which there
was steady advance TO 190A, from whlch point
there was q jump 10 19aIG, and decline to l2OA
%Ss such a. psSIc % II LODaoR T % tbSt II w ImpoSsi
bic to obtain quotations for United States secu'
rtties, aud that the Bank Of England Will call an
extra meeting to advance tho bank rate to higher
the excitement later In the day, and the price do.
clincd to ll0H: This was owing to cable tele-
grams, giving higher quotations for our Securi.
ties In foreign markets. Tho closing quotations
were at ls0H. The day closed with calmer feel.
Ing, and thGrC was considerable abatement III
speculative excitement.
II Is estimated that the German clement In our
midst hold at least $50 millions OF gold, and arc
short OF Government bonds to tho extent Of Gfty
millions. Viewing the RituAti0n from this stand
point II Is easy to sec Wall street hanging over
volcano. ThU situation turns upon the point OF
long or short war in Europe. II long war
then tho Germans are likely, 70 come out tFiuIn.
Pphantly; but ita short war then they arc likely
| TO pass through the most disastrous financial do
feat lnthcle History o. operators In Wall Btfe8t.
Carrying rates SGB pGr cent. Cleaances SSa,'
Specie shipment by English steamers wCdnes,
day, 10 expected 10 20 very large. the amount
now predicted iS from e. 0O6, 900 To a. Ioc0, 900,
M0NHY-MOre active at 6fD7 per cent,
FoRIGN ExCHANuE-Firmly held aud nominal
OF 110D11Ok1E 2, Fi 10 yf .ysam.t aN.
GoTRRNMHNT BoRps-OpOncd excited aud
prices declined Tho decline, however, was
small compared with the fall in the foreign mar.
German bankers have beGn heavy sellers Of
bonds to-day, and other large sales Were made
United States 6's Of 1881, coupons. 1i9k 9p1l2K
ElVe'tWenttes C69tl lg9H 9elvSA
FtVetWenttes 1669. @lvSA
PlVe.tWenteS ue85l. .l09ke1lVgk
FivG-twenties (16GS new. l08H9plg5H
FlVe.twenties (le60 ...:............ !l09H9elgSA
EtTe.tWenties. .(le68)
Ten'fortiee.
sTo6Ks-Th0 market was strong early, but
attCr the sudden rise In gold became weak and
the advance Of the morning was more than lost
Dea lngs were large on the entire list, but heavi
eat Ii Pacific Mail, which was strong After this
stock the chief 1fitereet was In New York Cen.
trAl. Reading, LAKE. Shore, Rock Island and St.
Paul The stock market was dull and steady at
point Of tho day.
Western Union Telegraph, Sax; Adams Ex.
pressr 67H; Wells, Fargo i Co., 16; American,
a; United States, 4SjS; Pacific Mail, 4Sl(; New
York Central 96f: do. scrip, 9q;S; Eric, az; do.
preferred, 43 Harlem, 1851; Reading, WS; Nj
chigan Central, 1lsX;. Lake Shore, 90; Illinois
Central, 1Si; PlttsbaTgh, l01; Northwestern, g.;
Paul, 6QK; do. preferred, TsK; WAba&h, 6S; DO.
preferred, 81; Fort Wayne, 81: Tetre HGute, Se;
do, preferred, %; Chicago 3 Alton, ll6;' Ohio
d MiSsissIppi, S5K; Hartford = Erie, ~;
Cleveland, Columbus 4 Cincinnati, Ska 81.
Joe preferred III. !rg .f4agg