The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1875-12-01

RAILROAD BoNDs-Activc. In late
dealings Union Pacific sold at lO3tg loot,
sinking funds 9G(a9ol; Central racine
lO7. Western Pacific 96!, Hannibal and
- Toe convertible declined to so.
SrocKs-This has been lively and ex-
citing day on Stock Exchange, with
wider and more frequent fluctuations and
,,rn,,cr activity than for Il long time past.
I'niop Pacific was the great feature
opening at 81, against 79f at the close
last evening. and shortly afterwards
rcacting TO sol. From this point there
was steady rise to S2{. Pacific Mail
advanced from 10 to 49, on very
large business; Kansas Pacific advanced
to l94, Lake Shore TO 62s, Mis-
souri,, Kansas & Texas to 81, St.
Paul to sol, preferred to GG!,
and the balance of the list about an Ia /
per cent. After midday sensational ru-
mors were set alloat about Michigan
Central, it being reported that there was
deialcaLion i'll the Company, and that a
Committee of Directors had been APP
pointed to investigate ITS affairs. On
this report Michigan Central declined to
81. Following this q rumor WAS set
anoat that Commodore Vanderbilt was
sick, which turned out to be untrue, but
the market WAS sold down on the story.
The market was also affected unfavorahly
by war rumors, which advanced the price
OF gold to lljs. After the rumorS about
Michigan Central and the sickness OF
Commodore Vanderbilt, Wall street
was excited 10y the reports that the Pres
idcut had read his Message to the Cabl-
net, and that the portion relating I" Cuba
was Of such warlikc character, that II
created disscnuons in the Cabinet, and
that order, had been received from
/ Washington to seize the Atlantic Gables
and prevent the receipt or transmits
sion of private dispatches. On these
reports gold was rushed up to
/ lbs, and dash WAS made
/ at the Stock market, which carried
prices down for time; towards the close
OF business reliable kilograms from Wash
ington denied the above reports and
| stated that the President had not Yet
crmplctrd that portion of his message
which will treat of the Cuban question,
and that he would not be. ready to sub
init it to the Cabinet until their next
meeting on Friday. When this became
/ known gold declined and stocks rallied.
| In the final dealings on the Stock EX-
/ change the general market was strong
/ in tone ut considerable recovery from
tie lowest point of the day. Michigan
/ Central recovered from 81 to 59E;
/ Union Pacific from 50 TO sig; Pacific
Mail from 40s to AT; Northwestern
from 81 to 3I3, Lake Shore from i94 to
GO5, St. Paul from 80 20 35l, do preferred
from Gji to C55, Ohios from 1T to Ia,
and Western Union from 49, to 80:
The market was hammered severely by
the bears during the day, especially after
each uutavorable rumor was started, and
no doubt the short interest has been
, largely increased The transactions at
/ the Stock Exchange aggregated 10000
| shares. Of which 1000 were Pacific
/ Mail $1,000 Western Union, 1000 North
western, 1000 st. Paul common, 5000 do
preferred, 5000 Erie, $1,000 Lake Shore
/ 10000 Ohos, and 1900 Union Pacific
Western Union. 1914 Rock Island......~lG5'
Pacific Mail. 4I12 I. Paul............
/ Adams f.XprcSS.lU2 -. Paul prefer d.. br's
1fs.I. q l.Fl- Al