The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1875-03-09
RAILROAD BONDs Active.

STATE BoYDs-Strong, especially for
Mlssouris.
SToCKS-Thc day has been an impor-
tant one in Wall street, with feeling Of
buoyancy i'll financial circles. The pro-
posed call of Secretary Brstow for S30,-
100000 OF bonds for the sinking fund
added TO the improved tone previously
prevailing. Secretary Brstow has dI-
rcctcd the retirement Of $l,3S5,000 of
legal tender, being 50 per cent of the
National bank circulation issued under
the new currency bill. There will be- no
change in the amount outstanding until
tomorrow The Post says: "On all sides
We hear compliments for Sccy. Bristow.
Instead of selling gold he has within the
law governing the sinking fund made
possible an increase of $50, 100000 Of gold
in this market within the next ninety
days, and that III addition TO the regular
and trcIAury disbursements. The with
drawal of legal tenders 10 the amount Of
50 per cent OF the new bank notes issued,
while only carrying out the law, gives
equal satisfaction, and on the whole we
hear many regrets that Secretary BriS-
tow could not have been in the Treasury
during the time his present position WAS
occupied by Boutwell, and Richardson"
The stock market was buoyant, dealings
having been large and the advance in
prices general. The improvement rang
ed from to l ! per cent, the Leading fea-
lures being Union Pacific, Pacific Mail,
Northwestern, ST. Paul, Rock Island,
Ohios and Hannibal and st. Joseph. In
vestment shares were strong and higher
At and after the second call the market
was buoyant or in most cases the highest
prices of the day were current. The
rise in prices caused the suspension of l..
ID. Rondebush, which was announced
shortly after o clock at the board, where
some Rock Island and Panama were
bought in under the rule for his account.
Stocks were active and buoyant towards
the close on very large business, espec-
tally Union Pacific, Pacific Mail, North
western, Western Union ST. Paul and
Lake shore. The dealings were attended
with great excitement and the advance
for the day ranged from J TO 3! per cent.
The greatest animation and activity were
in Union Pacific, which stock led the
market and rose, closing at the highest
point Of the day. The next greatc:t ad-
vance was in Northwestern shares, COM
mon rising to A. and preferred to SO.
There was some demand from Europe
to-day for preferred, on prospective
improvement III the property under the
recent law of the Wisconsin legislature.
Pacific Mail followed with an advance
from 3s4 to 39t, the action OF the direc-
tors to-day having tendency to
strengthen their stock. Hannibal and
st. Joseph common rose from 22{ to 2il
and later reacted to 2St. Western Union
and Rock lslaud were active, the former
rising 20 70 and the latter to 1861. St
Paul advanced to 35I for common and 81
for preferred. Lake Shore closed at "a
after selling down to 73I. Ohos ad-
vanced to 733 and Wabash to lot. The
balance of the list was firm and general
ly on the advance. Investment shares
were all strong and higher The transac-
tions on the Stock Exchange aggregated
207, 900 shares, of which 10000 were Pa f.
cfc Mail, 10000 Western Union, 2j,OO0 F.
Northwestern, 1900 Rock Island, II, 900 |
St Paul. 10000 Lake Shore, 5000 Ohios, /,
1900 Wabash and 10000 Union Padific |