Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1879-10-29

D
al per cent. discount.
GovHRNNESTs-Steady
o. s. Coupons (ssl
New fiSe>....
New Fourand one .-.-.....lol,,
New fours
Currency ....l - =
RAILROAD BoNDs-Actiye and irregu.
lar, with a few important changes in
price.
STATE BoNDs-Dull.
SroCKs-The market opened strong
and prices advanced from 10 per
cent. the coal stocks leading in the inn
proyement. Subsequently there was a
decline of ! 10 3per cent, in which Erie,
Lake Shore, Wabash and the coal shares
figured conspicuously. Toward midday
a iirmer feeling set in and there was a
recovery OF , 10 ~ per cent, the latter.
Delaware, l.aCkawanna and Western,
hut the improvement was partially lost
at the second call. The report that the
representatives of the New York Cen
tral, Lake Shore and Wabash compa-
nies were negotiating for traffic ar
rangements. had tendency 4"
weaken Erie and strengthen
Lake Shore at intervals. The mar ke,
continued irregular for a short time, but
during the afternoon was weak aud
lower, till near the close, when there
was a marked change in the temper oi
speculation, and almost the entire list
Was strong and higher. The advance
from tho lowest point of the day ranged
from /! To >. per cent. Wabash led the
upward movement, and WAS followed
by Western Union, Lake Shore, fand
Kansas City and Northern. The inn
provement in Lake Shore and Wabash
and its connections was due Ia favor
able rumors about negotiations between
the companies. The Granger shares
were all higher, particularly North
western and II. Paul and Minnesota.
The coal shares were firm and advanced
from 10 per cent. from the lowest
point, notably New Jersey Central.
Erie was very weak on reports thauthe
Gould partly made arrangements with
Vanderbilt by which the Wabash road
would use the New York Central a. an
Eastern connection. The Erie move
ment is puzzle. Day after day the
street has been treated Ia reports first,
that Vanderbilt had obtained control OF
the road; second, that Gould Was the
victor, and last, that both these gentle
men would operate it in harmony. Re
ports continue Of a most contradictory
character, and nothing positive can lie
learned from parties who ought 10 be
acquainted with he..real facts ;intclest,d d
persons. however, know how the books
stand and are operating on that knowl-
edge. IL was stated at the close oi the
market, this evening, that the seesaN
process in Erie Of late has been solely
ior the purpose oi enabling certain par
ties to acquire large lines Of stock at low
figures. The new open board OF brok-
ers will begin business on Saturday
next, with membership Of four hun
dred.
The transactions aggregated 'DO,OOO
shares, ol which lO2 900 were Erie, 21,-
900 Lake Shore, 1000 Wabash, 10000
Northwestern, 10000 -. Paul, 22,OO
Delaware, Iackawanna, and Western,
10000 New Jersey Central, 5000 Del
aware d Hudson, 300 Michigan Cen
tral, 1000 Union Prihc, 1900 {. G.
4 |. C., 400 Hannibal and -. Joseph,
1000 Ohios, 1900 Western Union,
10000 Pacific Mail, 2l,OO0 st. Louis,
Kansas City and Northern, 10000 Kan
sas and Texas, 5000 Louisville and
Nashville, l6,OO0lron Mountain, $500
Northern Pacific, 1900 Canada South
ern, 5000 ST. Louis and San Francisco,
700 New York Central, and 1900 In.
dianapolis, Cinci IuatI and Lafayette.