Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1880-05-12
fINAnUE.
New York.


NEw YoRK, May H. MoSEv-At-
@6 per cent, closing at 9 per cent
Prime mercantile paper 500 per cent
Sterling exchange. bankers bills firm al
u S4.; demand at - 6st.
Produce exports for the week, S7,705,'
600
sILyER-At London SEA pence; bar
silver here ll4t; subsidiary silver coin
i(Dl per cent. discount
CiovERsAEsTs-Quiet but firm.
Y. o coupons
New flNes----- is
New and one halh a....-.......-.. .....-... llss.
New touN, ....--....,...,-.. ........ a..-.~..--lOI >.
Tactic skies Of ~. ....-.....- -........lS
RAILRoAD BOSDs-W "a and declined
i9I per cent. in the early dealings, but
toward the close the market Mas firmer,
and a recovery of i@2s per cent. Was
reached.
STATE BONDs-Dull.
SroCEs-The market at the opening
broke 3 per cent for ~. Louis and San
Francisco preferred, and 3 per cent. for
Canada Southern, but a otherwise
firm and higher. The advance in the
general list ranged from to 3 per cent,
with the improvement most marked in
Hannibal and NJ. Joseph, coal stocks,
Changers and some Of the Vanderbilt
stocks. Canada Southern rose a per
cent soon after the early break, and NJ.
Louis and San franciscopreferred recoy-
cred 1! per cent. About IL o'clock
the bears assault on the market we're
renewed, and under the vigorous selling
movement there was a decline OF ! To 6l
per cent In this decline coal stocks
were most conspicuous, and after these
shares the Vanderbilt stocks, Erie and
some Of the Southwestern. After the
second board there vas a rally Of I 20 .
per cent, which Was afterwards partial
~ lost. The decline was attended with
comparatively little excitement, and an
entire absence Of any panicky feeling.
There was a decided change for the bet
ter during the last hour Of business,
with a very large demand Tor stocks
generally, aud in final dealings prices
showed an advance OF | too per cent.
from the lowest point Of the day. The
advance Was most marked IN Reading,
jersey Central, Delaware, LAckawanna
and Western aud Iron Mountain. The
Vanderbilt shares, the Changers, Pacific
Mail and Houston and Texas. The
highest prices of the day were made in
most cases. At the close there were
some heavy purchases TO cover short
contracts, aud the market closed with
expressions OF confidence ON the part Of
the bulls that the worst Vas over. The
traffic returns Of the railroads tor the
first week Ut MAY are beginning to come
in, and those received thus far show
gains over last year.
The transactions on the Stock tx.
change aggregated 6lI,OOO shares, Oi
which 5000 were A. ~ L. Telegraph,
5, 100 Canada Southern, 200 g., &.
n l.. C., 1000 Chesapeake and Ohio,
,0SN Delaware, LaCkawanna aud West
cru, :, 100 Delaware aud Hudson, 49,
On Erie, lO,UO Hannibal n II. Joseph,
lO,OOO Iron Mountain, 5000 Kansas
aud Texas, 1900 Lake Shore, 1000
Lake Eue and Western, 1900 Michigan
5000 Northwestern, 1000
Nashville and Chattanooga, 1000 New
Central, $4,000 New York Cen
trail, 300 Northern Pacific, 1900
Ohio and Mississippi, 10000 Ontario and
Western, 2l,OO Pacific Mail, 1900
Reading, 5000 II. Paul, 1000 st. Louis
aud san Francisco, 1000 Union Pacific,
3, 400 Wabash and Pacific and 5000
Western Union.