The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1879-12-11

| NBW YORK, December lU.-MoNEf--E9sl
at 6aI per cent, closing at per cent. Primt
mercantile paper 6a6h per cent. Sterling
exchange weak at 81 SIX. Sight exchange OF
New York 81 s3H.
GOVERNMENTS -Qutet but tirm.
unlted States q Of 1851, coupons
SsN EiVeS coupons
rev Four AMI halls coupons
GeN Fours
racine 10 VI lsyO. l2O
RAILROAD BOSDs- Strong and higher.
STArE BosDs-Dull, except for Louisiana
Consols, which we're shade weaker
L;oulsIInA.,,..."...., Do %
S Sa,oo,; 4. SS rna % o'd-''' %
81 Joseph CopSOls ......,........ IS
TenheaSee 6s.",..."- 81 Deferred O!d-,...,.,.... I
STocEs-The market was strong and buoy.
ant during the greater portion Of the day, and,
under brisk buying prices, advanced 4 TO u
per cent Tue stocks most conspicuous in the
upward movement were the Chicago, Colum-
bus and Indiana Central, Pacific Mail, Erie,
Wabash, and Hannibal and St. Joseph. Late
III the afternoon reaction Of Y tOlA per
cent took place, the latter In the Delaware,
Lackawanna and Western, but the final quota
lions showed recovery Of Ha5S, and the mar
Set closed strong Ohio and Mississippi rose to
SOH on buying for Baltimore account, but
closed at .30B. There was some talk OF an ex.
pected legal decision favorable to the pre-.
terred stock. Erie was strong on reports that
heene was buying the stock, and the advance
was assisted by the news OF the opening OF the
H0oSac tunnel route. Chicago, Columbus
and Indiana Central improved by reason Of
the expected compromise between this road
and the Pennsylvania Railroad, before the
decision Of Judge Harlan Is announced, and
because the latter company Is now using the
Chicago, Columbus and Indiana Central for
through freight business, thus increasing the
earnings Of the line The advance In St. Paul
and Sioux City shares was based ON the iact
that the time Is rapidly approaching when
the quarterly dividends are TO be paid on pre-.
ferred
The Graphic says: It is understood TINT
Gould, Russell, cage and some other New
York capitalists are bidders for construction
contract OF the Texas and Pacific Railroad, to
extend the road al SIS, 900 mile. They nrree
to take stock and bonds in equal amounts In
payment This will give them s. co., 600 Of
stock Of the company, and In casa they com.
plete their contract within two years and
hall, that will give them control by stock
vote. This offer will probably be accented |
within n few days.
Toe transactions aggregated 2S2,OOO shares
NJ which 61,0OO were Erie, $500 Lake Shore, |
l3OOO Northwestern, $500 ST. Paul, 1000 |
l.aCkawanna, 1900 New jersey Central, 100 |
Delaware and Hudson, 1890 Michigan Cen.
tral, 1870 Union Pacific, 1900 c. chi. G.,
1000 Hannibal and ST. Joseph, 900 Ohio
and Mississippi, 9l.O0O Western Union. 2,400
Atlantic and Pacific Telegraph, 1900 Pacific
Mail, 1900 Wabash, St. Louis and Pacific,
!, 200 kanSaSand Texas, $500 Iron Mountain
J, 400 Louisville and Nashville, 5000 Northern
Pacific, $500 indianapolis, Cincinnati and
lafayette 1000 st. Paul and Sioux City, g..
100 st. Louis and San francisco, 1900 Alton
Md Terre Hautc 1000 Kansas and Pacific,
900 Little Pittsburgh, LOCO Quicksilyer.