The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1879-10-24

GoVEREMENTS-stCady.
unItel States O. Of 1851 coupons
NeW
NV Four aud halls .."""...........".""..
NeN
SuHShGN .lgt
RAILROAD BoNDs-Strung and prices gen.
orally advanced with the largest transactions
In Missouri Kansas and Texas seconds, which
advanced TO IS, rise Of 2N per cent. G. G.
4 !. L. iirstS sold ut 79x, seconds 38&, and
Sioux City htsts 9jH.
STATE BoSns--Steady.
STOCEs-The upward movement In the
stock market received fresh impetus today,
and the general list rose Ifa5 per cent, c, G. 4
]. G. showing the greatest Improvement. Han.
nibal aud st. Joe coming next with rise Of
~ per cent, G c. c. 4 ]. selling up 39E, st,
Louisiana Sun Francisco TX, Erie ~, North.
ern Pacific preferred 2. and the coal shares 1a
~ per cent. During the afternoon, owing to
a StringenCy In money, which il said u be
largely artificial, tho market fell OIL kaSX
per cent, the latter Kansas and Texas, which,
however, became very strong In the final deaI.
ings and recovered y percent.
The general market also showed much firm.
ness at the close, aud made partial recovery,
Frankfort aud KOkOmO rose per cent 10
81. The Elevated railroad stocks were very
Ouoyant and rose 6aS per cent, out subse.
qTently reacted la4 per cent. C.C.&.l. q. ad.
vanCed on report that Pennsylvania Cen.
tral was about ~ make compromise in lii.
gated matters, concerning their lease, Among
the amusing features In the Stock market this
afternoon WIS an advance In Jersey Southern
from Il to ~ per cent, and in Spruce Hill
coal from 4 TO U per cent. The strength OF
Erie was more clearly developed than al any
time since the rise started from %, and coal
shares reached the best figures yet recorded.
Additional strength and activity was iu.
parted to Pacific Mail by the publication Of a
column In Crview In the Word with Rufus
Hatch, regarding the future OF this property
subJecttO which he has given much utten.
ton. he says the business Of the company is
heavy and rapidly increasing and its financial
condition has been greatly Improved. He Is
OF the opinion that under its present direc.
ton it has fully recovered from the damage
inflicted upon 1t by the recent management,
and that It's traffic facilities will enable the
company profit largely by the present re.
vlval OF business. He also thinks, as com.
pared with the prices many stocks arc now
bringing on Exchange, that Pacific Mail is
selling much too low.
The company, he says, owns sixteen iron
steamers, all in iirsl.ClaSS condition and maxi
ing money. It's Indebtedness is ST, 615, 900, and
II has until 1889 to cancel It. As these oblira.
tiOnS run for 50 long, peril d aud the month.
~ paym hts arc moderate 1t will be seen that
aS the present earnings are equal 10 8 Der cent
on the capital stock the company are placing
themselves ina position to resume dividends,
Mr.. Hatch expresses the belief that the pro.
posed ship canal will will he commenced
within ayear, and gays that from the dav The
first spade IS put into the ground for an inter.
oceanic canal the Pacific Mail in Carrying their
men, supplies aud material alone, viii earn 10
per cent on its capital stock besides being able
to keep its equipment in thorough order and
to build new steamers each year.
Transactions, 530.0UU shares, nf which u.s..
O00 were Erie, l4.O00 Lake Shore, 2l,OOO Wa. |
bash 5 CO., Northwestern, 1000 st, Paul. -.
OUO LACkawanna, 10000 New Jersey Central, |
| 1000 Delaware and Hudson. 1905 Michigan
Central, 10000 Union Pacific, 5000 c. c. 9. <
I =, 5000 L. {. 4 !. G., 1900 Ohio and Mis-.
siSsippi, 1900 Western Union. 10000 Paci. |
tic Mail, 1900 St. Louis, Kansas CITY and
5000 Kansas and Texas, 0OWl |
Northern Pacific, 500 Iron Mountain, 5000
Nashville, Chattanooga and St. ouis, 5000
indianapolis. Cincinnati and Lafayette. H..
JO New Jency southern, 2l,OUO St, Louis |
and San Francisco, 6,0JO Boston Water Pow.
er, $1,000 Elevated Railroad, $500 American
District Telegraph, l,4OO Alton md Terre
tlau'c and ll,OOO St. Paul aud Minneapolis