The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1875-08-28


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FVe-TWentles 1851
Fye-TWentles Uses
New Flyes,"...'.''.,"
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Currency
STATE SECURlTIEs-Quiet.
Missouri SlICA........,........... "".."....lOl
Tennessee, DIES
tennessee, ~
Virginia Sy
Virginia, ~
RAILROAD BOSDs-Firm.
SToCEs-Opened with decline Of 4 to
u per cent "a compared with the closing
quotations Of yesterday, except In the case
Of Panama, which fCll'Oil Gper cent on the
impression that the stock Is largely held In
San Francisco. Later the remainder Of the
list declined q TO per cent, the latter
Western Union; Lake Shore touched GO and
Western Union 81 Il; Pacific Mail 81, North.
western 4OX, preferred SAX, 81. Paul 81,
preferred 62II, OhiOs 1SH, Union Pacific
i2h and Michigan Central o.. A recovery
Of 4 TO ~ per cent was made, Western
Union reaching s3, Pacific Mail IS, Lake
Shore cox, Northwestern AZ, preferred
659S, Rock Island lO7Js, 81. Paul SIX, pre-.
ferred o., Ohios isM aud Panama 1871. AT
the second call the market Was firm and at
the close was strong, and with one or two
exceptions prices showed recovery Of a to
IL per cent from the lowest point The
greatest advance was in Western Union,
which rose to SO on the report that
the consolidation With the Atlantic &
Pacific Telegraph Company was affected
this morning, the latter company being
guaranteed per cent on capitalized ba.
sis Of $2,5OOO6O. Pacific mail advanced to
3Sil and reacted to 81 and closed at 3sM.
Lake Shore ranged between GO and COZ
and closed at coy Northwestern closed at
Az, preferred at 6j1I, aud ST. Paul at
SIX, being q reaction Of HaA per cent
from the highest point. Union Pacific
closed at TAX, st. Paul preferred at 03h,
aud Erie OF 10, the highest prices made.
Missouri Pacific declined TO AZ, 81. Joe com.
mon to %, and New Jersey Central to liOA.
Panama closed at 1870, against 40 yester.
day. The market at the close gave indica.
tons Of further advance tomorrow unless
further financial disasters should be an.
nOunced. The transactions at the Stock Ex.
change to-day aggregated $4,000 shares, Of
which 10000 were Pacific Mail, SO, 900 West.
ern Union, 10000 Northwestern common,
$1,000 preferred, 0,OO0 81. Paul common,
10000 preferred, 5000 Erie, 5000 Lake
Shore, and $500 OhiOs.
The Erening Commercial says there Is
not much change yet apparent from the Pa.
cific coast trouble on the borders Of the
Central Pacific Railroad. The first mort.
gage bonds recedel 10 i09iE, the San Juan
Branch 10 81, and the bid for the land
grants was 0jlf per cent. There was close
Intimacy between Mt. Ralston and the Bank
Of California and Messr. Huntington 4
Stamford, Of the Central Pacific road but
nothing Is yet known as to how far the lat
ter we're compromised by the suspension Of
the bank. Il would be well perhaps for
buyers Of bonds to hold of from the intro.
Quoted land grants by the road until more
IL known ofihe Pacific coast trouble. There
Il large amount Of joint account on part.
nership business In merchandise done be.
tween this market and San Francisco, which
for the time may Inconvenience many by
the curtailment Of banking facilities al
San Francisco, but nothing serious, 90 far
as we are advised Is likely to come Of this
trouble.
The former President Of the California
Bank Is Mr.. Mills, wealthy man, and who
e believed to be one Of the trustees yet.
The trustees are liable and must pay, so
thatno loss TO the public Is likely to occur.
II was stated rs probable that the bills Of
exchange will not exceed 100000. .
In regard 10 the speoulations Of Mt. RAJ.
StOn and his party IN California, . story Is
current that their recent losses In silver
mining stocks and other adventures amount
to the enormous sum Of 100000.
It's mot believed that the other banking
houses m the Pfciic coast will be seriously
Affected, aside from the additional suspen.
sions already noted. Foreign exchange was
unaffected, The amount Of bills on the Bank