The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1875-10-23

Union frSts, 9SSs for land grants, 1853 for
Central, and 99A for land grants, MiChi.
gan Central sevens brought lO4, and Rock
Island sevens 100. Toledo 4 Wabash firsts
declined from SIX TO S0H,
STOCKS - The stock market opened
active and excited, with further i'm
prOvement in prices, the advance being
very marked in some. As on yesterday,
Lake Shore led the market, advancing from
59II TO GIN. Pacific Mail came next, ris.
ing from $685. to 4l9G on large transactions,
Western Union rose from 75Js to 779S; New
Jersey Central from l0iH to LOG, North.
western from so to S7SS, preferred from 81
to 90, St, Paul from SAX to SjIS, preferred
from 629S to GSL, Erie from 1915 to IL,
Michigan Central from 50J! to 60, and
0hios from l69S to l7H, After midday
there was reaction Of Aal per cent from
the highest pOint, but this was afterwards
partially recovered. Rock Island advanced
TO 1885, Hannibal &St, Joe to lSII, and the
preferred to 22H. Illinois Central de.
Clined from 99 to 90 and Union Pacific from
GS to 6GI%, with II subsequent recovery to
G6A. Missouri Pacific fell of to l0If and
Atlantic & Pacific preferred to "a, with u
later advance to II, At second Call some
stocks were higher, while Others showed u
reaction Of Hal per cent, The Improvement
on the Stock Exchange made further pro.
gress during afternoon, and the highest pri.
ces OF the day In some cases were made
during the last hour OF business Pacific
Mail was the most prominent stock and
rose to AN, closing at 4lNail%, Mr,
Scott, Vice President, leaves for Europe to.
morrow, and the directors held a meeting
to.day. A statement Of the financial con.
ditiOu and earnings Of the Company was
submitted, TWAS reported to be favor.
able exhibit, and the net earnings for the
time embraced In the statement were un.
derstOod to be on basis Of 100000 per an.
mum. A cable dispatch from China states
that the Japanese company has paid the
first instalment on account OF the steamers
purchased from the Pacific Mail. Lake
Shore was again actively dealt In and rose
to 6l9s, closing at G03s, Western Union ad.
vanced to 771I and closed at IN. North.
western rose to 379S, prcferredt to 90; stPaul
to 35sS, preferred to G3K, ohiOs to 17N.
Erie to l7N and N. j, Central TO 100, with
very little reaction at the close. Union
Pacific declined to G6H, Missouri Pacific to
9H, and Illinois Central to 80. The weak.
ness In this stock was because Of Washing.
ton dispatches saying that the Commission.
er Of Internal Revenue decides that the
revenue derived by tho company from in.
terCst on notes received in payment for
subsidy lands Is liable to tax during the
years that dividends were taxable. The
general upward movement Ind more
solid appearance than M any previous day,
and the opinion Is becoming general that
the change for the better Is In response to
the improving look Of the outside situation.
The transactions at the Stock Exchange
aggregated 3jl 900 shares, Of which II 900
were Pacific Mail, $4,000 Western Union,
1900 Northwestern common, 1900 81.
Paul common, $1,000 Erie, 10000 Lake
Shore, 5000 OhiOS, $500 Union Pacific,
md Il. 900 Missouri paCiGc,