Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1879-11-14

RAILROAD BONDs-Active and irregu-
lar, with the largest transactions in Erie
and Mobile and Ohio. Second deben-
lures rose , per cent. c. c. x |. c.
tirsts closed at 50, seconds at 10 and
Sioux City tirsts at 96i.
STATE BONDS-Dull. Bids were made
for South Carolinas, old, and consols at
10 per cent decline, but there were no
sales.
SroCKs-The volume of business on
the Stock Exchange was very large again
to-day, but there was less excitement
and "boom" To the market than yester-
day. Speculation opened buoyant, and
prices rose @d5 per cent, the latter for
Reading, which rose from - to 7S un-
der large purchases, Erie, A. " Z. Tele-
graph, st. Louis and san Francisco,
Chesapeake and Ohio and the
Granger shares being also promi-
nent in the dealings. Subsequently
there was decline OF lG3! per cent. in
the general list, o. in Reading and in
Nashville, Chattanooga and -. Louis,
brought about by the attacks OF the
bears and the pressure oi reallzations,
induced.by the rise in the rate OF money
To 7 per cent. per annum and commits
sion of l-l6td! per cent. added. Subsc.
quently money became easier and
loaned down 10 per cent, whercupon
the stock market became buoyant, and
there was sharp recovery under large
purchases, both for the long and short
account. The entire list participated in
the rise, which ranged from ! tO , per
cent. from the lowest point. In the up
ward movement at the close coal stocks
were particularly prominent,on a state
ment from an official source
that the output OF the an
thracite coal companies for the
wear 20 will exceed by j.jO0OOO tons
that of any year in theirhistory, and that
the increase in the price ol coal will give
the New Jersey Central alone a profit of
IS, 900, 900 the coming year, which, after
deductipg reasonable amount for la
bor and the increased expenses which II
claimed, it will enable the company To
pay large dividends ON It's capital,
3,lS000O shares, in 1850. Similar claims
are made regarding the future prosperity
OF Delaware, Lackawanna and Western
and Delaware and Hudson. Erie was
the great feature of the dealings, and AL
vanced to 10. on large transactions.
Some OF the Southwestern stock rose
sharply, Nashville and Chattanooga
rising 81 per cent. The grangers
were strong and higher, and the
market closed with very firm look.
The Reading securities admitted TO the
S,,,l, l',y,l.ap,,a ,,,gs s.rlav mara fnrn,arl a,
on the board, but were thrown out
some years ago because the company
refused 10 register the stock at some
financial institution in this city. The
company has since appointed a transfer
agent here, hence the stock was read
mteed. The rumOrs grow stronger that
Iron Mountain. from 1t. Louis 10 Full
ton, on the frontier OF Texas, is To be
taken into the Scott-Iiuntington COM
bination for trans-COntinental line
from st. Louis To San Francisco-Scott
and his Texas Pacific to the west, and
Huntington and his Southern Pacific AT
FL Paso.
The transactions to-day aggregated
562, 600 shares, of which $4,000 were
Erie, 1900 Lake Shore, 1900 Wabash,
$1,000 Northwestern, 1900 ~. Paul,
5000 Delaware, Lackawanna aud
Western, 1900 New Jersey Central,
5000 Delaware and Hudson, 1000
Michigan Central, $500 Illinois Central,
5000 Union Pacific, 5000 G. G. &. & J.,
1900 G. G.. * /. c., 1900 Hannibal ana
st. Joe, 5000 Ohio and Mississippi,
1900 Western Union, II 900 \. * i.
Telegraph, 1900 Pacific Mail, 1900
It. Louis, Kansas City and Northern,
1000 Kansas and Texas, u 600 Iron
Mountain. 1000 Louisville and Nash
vile, 5000 Northern Pacific, 1900 In
dianapolis, Cincinnati and Lafayette,
5000 Nashville, Chattanooga and 1T.
Louis, 1900 st. Paul and Minnesota,
5000 Chesapeake and Ohio, 5000
Reading Railroad, 1900 st. Louis and
San Francisco, 5000 Marietta and Gin
cinnati, 1000 New Central Coal, 5000
Alton and Terre Haute, 5000 Ameri-
can Express and 1900 Houston and
Texas.