Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1879-11-12

the latter Delaware & Hudson. The up
ward movement was partly due 10 the
short supply OF coal, and 10 the further
advance in prices made by the leading
companies yesterday. The coal stocks
have INSPIRED great faith in their future,
and the opinion is quite freely expressed
that they will all go up to par. The
trade is steadily improving, and
those usually well informed
say II is the plan of the managers TO con-
tinue the advanced prices OF the pro-
duct until all the leading companies eau
resume dividends. The granger and
trunk line stocks are being gradually alb
sorbed by investors, who appear salts
fed that these companies will have an
immense traffic Tor months 10 come at
remunerative prices. Lafayette, Bloom
ington and Muncie rose per cent 10
S5, and reacted to 81. 1t. Paul and
Sioux City rose 5CS5l per cent, closing
at the highest point, the improvement
being based on reports that the COM
pany had purchased an import
ant branch road giving II
direct communication 10 Omaha.
Erie speculation Was one of the leading
features of the day, the shares all
yancing 2CG)S per cent on enormous
transactions. Iron Mountain became
sctive late in the day and rose per
cent to 52l. Nashville, Chattanooga
and st. Louis advanced nearly b per
cent. The granger and trunk line
shares made further advance of !Ghli
per cent. Hannibal and ST. Joe was
buoyant in the final dealings, selling
up To l62 per cent. 81. Louis and San
Francisco advanced 4G6 per cent on
good inquiry. Alton and Terrc liaute
shares were noticcably strong and
higher. The general market closed
with decidedly buovant tone
which was stimulated by the ease
in the monetary situation. ~.
Paul and Sioux City common
closed at Al and preferred at 72!. Pa
cifc Mail Was about the only one tha,
Jagged behind Pullman Palace Car
stock rose 10 l0i bid, a rise of per cent.
The demaad for all investment shares
is increasing, but many orders in the
market cannot be filled, owing Ia the
small supply Of stock offering. There
were enormous transactions IN all the
leading shares to-day, and at intervals
the excitement ran high. The earnings
Of the Canada Southern road for the
month OF October increased s15,0 For
the first week oi November the earnings
of the Northwestern gain -, 900, aud
those Of the ~. Louis and San Fran
cisco road, So, 100. In the consolidation
Of the Wabash and Kansas City and
Northern, the holders oi Wabash stock
get for two shares, one each oi common
and preferred stock OF the new COM
panv, and the holders Of Il. Louis, Kan
sas City and Northern common and pre-
ierrcd stock will exchange share for
share.
The transactions aggregated I8,OOO
shares, OF which llj,0O were Erie, 5000
Lake Shore, 5000 Wabash, 1900
Northwestern, 5000 It. Paul, 10000
Delaware, l.ackawanna and Western,
$1,000 New Jersey Central, 1000 Della
ware and Hudson, 1000 Michigan Cen
trail, 1000 G.. &. &. x J., 1900 &. &. 4
|. c., 1900 Hannibal and 81. Joe,
5000 Ohio and Mississippi, 1900 West
ern Union, 1900 Pacific Mail, II 900
~ Louis, Kansas City and Northern,
5000 Kansas aud Texas, - 600 Iron
Mountain. 1000 Louisville and Nash
vile, 5000 Northern Pacific, 5000 81
Paul and Minnesota, l3,0O Nashville,
Chattanooga aud ~. Louis, 1000 ~.
Paul aud Sioux City, $1,000 ST. Louis
and San Francisco, 1900 lndianap-
oils, Cincinnati and Lafayette, 5000 Al
ton and Terre llautc, 10000 New Cen
tral Coal, 5000 Quicksilver, l6,OW
Elevated Railway and 1900 Lake Ere
and Western.