The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1875-05-11
FINANCIAL AND COMMERCIAL
Now York Money aud Stocks.
BY TELEGRAPH.

New YORK Money ana StOcICS.
NEW YORK, May lO.--MONEY-Easy al
2lIa3 per cent. Prime mercantile paper
iajIS per cent.
STERLING EXClIANGE-Dull nj $i.S7a
i.s7IG for 90 days and $l9Oai.OOI Z for sight.
GoLD-opened at ll63S, advanced ia
Iljh aud closed At ll5IS; carrying rates Ia
. per cent Loans were also made fiat,
The Assistant Treasurer disbursel $i05,.
0O0 ClCArings $SO,OOO,OOO. Custom re.
Celpts $3G6,OOO.
GOvRBNMENTs-Steady.
United States d Of 1881, coupons 1891
Flye-TEentieSt 1850 ,""....".,..,r,,,.""
| FlTe-tWenties S6l"..u"' ......,."..".".uDllH
Five-twentles 1883 il0I
Flye-lwentles llSG5l new ..".."".."."."."""ml9
fVO'lWbles
f1ve-twGnlRs (lsS) l2Ib
IGn.l0rlles ..""'',"",'.,.'n,''""' '''''''';II
New Elves, n
Currency ga
STATE BODs-Qniet
Missouri. ...,.."""....."..". ".".."l0lI
| Tennessee, "..".'.."",..".".."...R
Tennessee,
virginia.
HlTKlnln, OH rUy
North Carolina,
North Carolina, HGW.."",.",i"..'..,'.... ,"l21a
llAILROAD MOITGAGEs-Stoady, except
Ohios md Northwestern consolidated
which dCclincdto II.
SrOCHs-rhc feature Of the. Stock Tx.
change today was Erie, which declined
from 2Ol{ to 2GiI. The transactions were
very large and the whole share list was more
or less adversely affected. No one seems to
understand the movement, but II is traced
as usual Of latO to Gould. The brokers
usually operating for London account Np.
near to be buyers at the decline. The fol.
lowing nrC among the reasons assigned for
the decline In Eric. The BAIT. 4 Ohio r. r.
Co. are said to have lowered their rates
again, and through the New Jersey Southern
Railroad made through connection to
New York, and the inference is that the
Erie will be the road most unfavOrably at'
fectcd by the move of the Baltimore 4 Ohio
Go. Again the rumOrs Of political compli.
cations on the other side Of the ocean nat.
urally have an awaking effect Oh Erie In
London, from the fact that very
large amount Of stock, both com.
mon and preferred stock, Is held by
foreign houses. The representatives Of
The company say the movement Is simply u
speculation for the purpOSe'Of buying stock
Lake Shore fell OF from u t0TOlG, Pacific
Mail from A to rex, Western Union from
7OA TO 10, and Union paCifC from 7Gh to
7jH. s.. Paul advanced to 379S for com.
mon anil 30 for preferred, but the later fell
Otto 3G's and rs respectively. The changes
III the remainder Of the list were very slight,
Pacific Mail declined to 42sS, but the bal.
Nncc Of the market was dull and Steady.
Stocks were weak during the last hour Of
business, but at the close the market show.
cd little moro slOadipess, There was are.
coveryof tsai per cent on some shares from
the lowest point Of the day. Panama re.
covered to 1853, Erie to 2GJS, Lake Shore to
7lk, Ohios TO 20 and Western Union to
79I In the other shares there was
little or no recovery. The bids open.
cd nj the American Exchange bank
to-day for the $I,6O0,0OO balance Of
the Cincinnati municipal loan Og'
gregated $4,li7,6OO, at prices ranging
from 1Og tolO3IS. The award will average
over 1903 and interest. Morton, Bliss & Co.
have placed upon the market $i,OOO,OOO Of
0 per cent gold bonds Of the Western Union
Telegraph Company, interest payable in
Marrl, and September and The principal re-
ieemablc In 1900. These bonds Nre author.
lied for the purpose 1T taking up the
5000 of bonds due IN November next.
After the maturing bonds are redeemed the
only bonded debt besides the present loan
will he ~ 100000 seven per cent gold build
inc bonds, nnd E2OO,OO0 sterling bonds Of
The present issic recently taken IN London
bids will he received up TO noon May 2jth
hut no proposals will he considered under
Ip7,I and accrued interest.
The transactions at the Stock Exchange
aggregated 24i 900 shares, Of which $1,000
we're Pacific Mail, 1900 Western Union,
1000 Northwestern, $500 ST. Paul, l2lOOO
Erie, $4,000 Lake Shore, 1000 Ohio', and
VO 900 Union Pacific. The earnings Of the
latter road during the first week Of May
| .t.... M, i,,,reosn NJ S7gOOO