The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1875-10-12

NEw YORK, October ll.-MONEY--Mar.
kCt easy at gai per cent. Prime mercantile
paper 8 lla7 per cent. The Assistant Treas.
urGr disburScd $4,000. Customs receipts
$GOS,OOO. Clcarings $3i 100000.
GoLD-Opened and closed at 10Y, with
sales in the interim ut 1853. The rates
paid for borrowing were 5.Gi, lilo, 1882,
l'Gi, l.32 and 3.GI per cent per diem. Az
the close loans were made Hat.
GOVERNMENT IIoNDs-A fraction lower
United States Is Of 1885, coupons.
FlYe-IWentes (lBi) "......",..."
FlVe.Iwentles Q@i5) ACKNOWLEDGEMENTS"
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rive IWeuls ,'.'''"''i2Uta
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RAILROAD lIONDs-lhis afternoon the
leading feature was sharp advance In
Union Pacific securities and Chicago &
Northwestern consolidated coupon gold
bonds the latter advancing to 50. Union
Pacific tirsts advanced to l031I, land grants
to 9S, ind sinking funds to 1884, Chicago,
Burlington & Quincy thrCes sold ut liO.
STOCEs-'rhe feeling Of depression which
was so prominent Il feature Of the dealings
ut the Stock Exchange last week has passed
away, and the market gives evidence Of u
very firm undertonc. The low prices cur.
rent for some shares avenatumlly induced
many outsiders to appear in the market as
buyers, md considerable amounts Of stock
have been purchased for out Of town par.
ties, while affairs in trade circles have
shown marked Improvement Of late. The
Stock Exchange had up to this time stub.
bornly refused to respond, but to-day there
arG strong indications that the tide has
turned in the direction Of higher prices.
Stocks ut the opening were In the main
strong and higher, the improvement ms
compared with Saturday night closing
prices ranging from Il to 9per cent. At the
second call the market was firm Mt the nd.
vance. The temper Of speculation Contn.
ucd throughout the day, aud the share.liSt
closed at decided advance in prices.
Union Pacific led The upward movement,
and rose from O3iI to IS on active business,
All advance for the day Of ~ per cent.
Northwest preferred came next, rising
from AZ to 90, and closing at 4OK. 81.
Paul preferred advanced from 60 to 62IG.
Missouri Pacific rallied from is to COZ.
Lake Shore was active and rose from 62I TO
63A. Northwest common advanced from
3iA to &c. 81. Paul common from 3ON
to 32h; Michigan Central from % q to 65N;
Pacific Mail from 3iN 10 36h, Western
Union from ~. to 75sS; Delaware, Lack.
NwAna 4 Western from III to lis; New
Jersey Central from iO3H to 1Oi9i; lIanni.
bal \ ST. Joseph from l63I to III; Rock
Island from i09 10 1925; Harlem from 1870
to 1901; New York Central from iO2Is to
l0S; Erie from iG9f to III, and OhoS from
10 to i5is; Atlantic 4 Pacific preferred rose
from 6lItoG. There was strong buying Of
stocks during the day, and there was more
confidence manifested than for week or
two past. II is though from the rapid ad
vance that the stock market has been over.
sold. Investment in such stocks rs Della.
ware, IAckawnna & Western, Western
Union and New Jersey Central were in dc.
nand from those who sold them last
week. The road and land mortgage Of
the Little Rock & Fort Smith Railroad
were iorCclOScd last'D December, and the pro.
perry was transferred to new company,
which took the name Of the Little Rock 4
Fort Smith Railway, and Immediately pro.
CecdCd to make new mortgage, embracing
both the road and land. The validity Of
the transfer Is to be contested by some Of
the old bOndholderS, suits for review and
other suits for partition having been com.
mcnced IN the U. s. Court at Little Rock
TIE transactions at the Stock Exchange ag.
gregatcd 10000 shares OF which $4,000
were Pacific Mail, $4,000 Western Union,
80 900 Northwestern common, 1900 pre-.
feared, 5000 81. Paul common, $500 pre-.
terred, 1900 Erie, $4,000 Lake Shore, 4, 400