Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1879-10-01


having been the preparations for the
disbursement of the October interest,
which begins tomorrow.
SILyER-At London 30;d; bar silver
here llli; subsidiary silver coin !tGl
per cent discount
Weak and lower.
=. 5. Coupons
SeM iSa
New fours ..... ''''''.'' 'iu.
Currency
RAILROAD BoNDs-Generally firm,
with the largest transactions in Ere
seconds at 50 and 79i, the latter the
closing price. The next largest transac-
tons were in Missouri. Kansas and
Tevas seconds, which rose per cent,
TO 34:. Other changes were an ad-
vance of2i per cent. in Alton and Terre
Haute seconds, preferred, and per
cent. in Alton and Terre Haute income.
STATE BoSDs-Dull.
STocKs-The stock market opened
strong for Erie, Ohio and Mississippi,
Pacific Mail, Missouri, Kansas and
Texas, Lake Shore, Michigan Central
and the grangers, and little heavy
for coal stocks. In the early
trade there was a fractional decline in
the favorites, but at the call the whole
list moved upward, Granger and coal
shares leading, and the tone was strong
for the remainder Of the morning. The
best figures of the year were recorded
for Lake Shore, Erie, the coal shares and
Grangers before ii O'Clock. The specu-
lation continued strong until late in the
afternoon, when, under the influence OF
the stringent money market, prices fell
off and the final dealings were weak at
decline of tG1li per cent. from the high
est point of the dav. Panama sold at
l70, an advance Of 10 per cent. Erie was,
as usual of late, the most active stock ON
the list.
The Graphic says: "ln explanation
OF the marked advance in Pacific Mail
shares, one of the directors OF the com
pany today stated that the company is,
and has been for some time past, real
izing large profits, and is rapidly paying
off its back obligations to the Panama
railroad. Ii will pay off tomorrow n
further sum Of S200,0O0 of this indebted
ness, and the money Tor this purpose Is
now in bank Every steamer out is
fully loaded with freight, and the in
coming steamers from Aspinwall are
continually compelled 10 leave much
freight behind. The net earnings oi
the company ut this time are at the rate
Of 10000 per month, and II IL stated
that by tie beginning OF next year the
entire bonded Indebtedness will have
been reduced TO SlOo0,000. II this in
formation, which comes officially, be
correct, there is certainly good reason 10
Justify the confident expectation OF
the leading shareholders that the COM
pany will, at an early day, take a place
among the dididend paying corpora
ttons. A thorough reorganization ol the
details Of the management OF the COM
pany's affairs at San Francisco has been
ordered by the Board Of Directors, in
cluding reduction of oil salaries by 33i
per cent An agent OF the company
leaves Immediately to perfect reorgan-
ization and 10 institute economies which
will reduce the expenses at that end on
the route and conform with those al
ready Introduced here. The books OF
the Hannibal and st. Joseph Railroad
Company were closed yesterday for the
annual election. The transfers made
on the eve OF closing are
ofgreat importance rs foreshadow-
ing the future OF the property.
All doubts OF Gould's either controlling
or. at least, becoming an important fact-
or in the management, were set at rest
by the transfer into his and his brokers'
names OF an immense quantity OF stock.
1t is stated, upon good authority, that
1900 shares were transferred INTO his
name. The earnings Of the Northwest
for twenty-six days OF September show
an increase Of sl92 900 T.. W. Todd x
Co., one OF the most prominent bucket
shops, suspended to-day. with liabilities
estimated at over $4,000, which
Todd says he will pay in
fall. Kansas and Texas under heavy
purchases rose from 1874 10 2lt, and re-
acted TO 20i.
The transactions aggregated 4l5,-
900 shares, OF which 5000 were Erie,
$1,000 Lake Shore, 10000 Wabash, 26.-
600 Northwestern, 2,000 st. Paul, 1000
Delaware, Lackawanna and Western,
$1,000 New Jersey Central, 5000 Della
ware and Hudson, 5000 Michigan Cen
trail, 10000 Union Pacific, 200 O., g.,
C. K l., 5000 G. G. & ]. C., 6,OOO Hanni-
bal and st. Joseph, 1900 Ohios, $500
Western Union, 1900 Pacific Mail,
3,40O st. Louis. Kansas City and North
ern, 1900 Kansas and Texas, 5000
Iron Mountain. 1000 Louisville and
Nashville, 5000 indianapolis, Cincinnati
and Lafayette, 1000 Northern Pacific,
1900 st. Louis and san Francisco, and
5000 Canada Southern.