The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1879-11-18

| per cent. per aunun, l'32 per cent per diem,
closing att per cent Prime mercantile paper
6ha1 per cent Sterling exchange steady
and higher At 81 S0H. Sight exchange q So y.
GovEENMENrs-luiet and shade weaker.
unlted sHtss 8, Of 1881,
new
SeH sour and halh .....,..-io9h
New Four
currency l2S
BAR sILvEB-S1 16H.
RAILROAD BONps-Active and higher prices
were reached for most Of the issues dealt in.
The strongest business was Erie junior, Bos-
ton, Hartford and Erie, Chesapeake and Ohio
aud Kansas and Texas, @, 9. & |. Q. irsts
rose to 20, seconds to 4SX and Sioux City
tirsts closed at 96K. Chesapeake and Ohio
issues rose to ~ per cent
STATE BoNDS--Dull; all the Alabama State
bonds, except classes A, b and C, have been
dropped from the Stock Exchange at the re.
quest Of the State agent. The various issues
stricken from the list have been funded, ex.
cept In Alabama and Chattanooga bonds,
which have been exchanged for land accord.
ing TO an act Of the Legislature.
STOCKs.-AIArket was irregular In the early
dealings but in the main arm and higher,
especially for O. C. 4 |. c., Kansas and Texas,
aud Oregon railroad and Navigation Company,
which rose to 5 percent Among the trunk
lines Lake Shore was the feature, and sold up
to l0i%, on bids Of 3h per cent for the next
dividend. A grand bear demonstration, as.
sisted by the efforts OF the leading operators
who had recently marketed tae stocks, was
made during the afternoon amid furry
and excitement, attendant on disposition u
realize the pressure Of longstock, many blocks
being sold out On stop orders there was 4
general decline OF y to AZ per cent, the coal
shares and Erte leading the downward move.
ment. The leader In the attack was undoubt.
eddy Gould, but others were not far behind
him, and the break in prices was therefore
very rapid. It is understood TO be Could 8 plan
to obtain, II possible, large line OF stocks at
low figures, and then go In for general bull
movement, Ia which his Union Pacific is TO be |
conspicuous. The screws were applied 70 the |
money market TO assist the large movement, |
Toward the close buoyant feeling prevailed,
and under brisk purchases q recovery Of Y to |
~ per cent ensued with Erie.
The coal shares and some OF the south. |
western stocks were most prominent In the
dealings Missouri PacifCsO sold up from IA TO
l9A, reacted to II and recovered 70 is; Man.
haitian dropped from 10 to O. but rallied to
" sutro tunnel opened at 8, advanced To
ga, declined TO 81 and advanced to So 90 per
share. This Is the only stock on the list
which sells per share (par $lU) instead OF per
cent, and It Is understood movement will
be made to have 1t quoted as are other stocks.
II so quoted, the price to-day would have hnen
opened at 50, advanced to 82k, declined 10 SIS
and advanced GO. The recent movement IN
Chesapeake and Ohio stocks and bonds il
based on the examination Of the harbors at
newport news, yorktown and vicinity for the
eastern terminus Of the road and upon reports
that arrangements are nearly complete for
u western extension 80 as TO make connection
with Chicago. This will also account for the
Lafayette. 1t Is stated that the Illinois Cen.
trail Railroad will show the largest net earn.
ings for the present year OF any since The
panic OF 1878, Notwithstanding the falling Off
inbuStneSs caused by the yellow fever in the
south as the reduction in expenses more than
the decrease While the great
majority OF brokers and operators are decid.
eddy bulltSh and express the greatest conf.
dence in much higher prices, there are those
who are inclined TO be somewhat cautious,
fearing another break before the continuation
Of the BOOM
Transactions aggregated ST., 900 shares, Of
which l40, 900 were Erie, 5000 Lake Shore,
4,O0 Wabash. 5000 Northwestern, 1900
st. Paul $1,000 lackawanns, 10000 New
Jersey Central, 1000 Delaware and Hudson,
0 600 Reading, 1000 Michigan Central, 5000
Union Pacific, 1900 G. c. q. 81, 5000 Han.
nibal and St Joseph, $4,000 Ohio and Missis-
sippi, 5000 Western Union, 1000 Atlantic
and Pacific Telegraph, 10000 Pacific Mail,
5000 Wabash, St Louis and Pacific Mall,
I, 400 Kansas and Texas, 5000 Iron Mountain
1900 Louisville and Nashville, 5000 North.
Crn Pacific, 5000 St. Paul and Sioux CITY,
5000 Lake Erie and Western, $500 Indiana
polls, Cincinnati and Lafayette, 5000 Nash
Vile Chattanooga and St Louis, 1000
Chesapeake and Ohio, 400 Missouri Pacific.
1900 St. Louis and San FRANCISCO, &, 90
Marietta and Cincinnati, 5000 Sutro Tun.
mel and 5000 Quicksilver.