Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1880-01-29

NkW tOHk, JhHuhN so'-"pNhN
Al iCG6 per cent, closing at per cent.
Prime mercantile paper b(s6 per cent.
Sterling exchange steady at 4s2l sight
exchange on New York Isil.
SlLvKR-At London SO 7-l6 pence bar
sil yer here ll3a; subsidiary silver coin
ltal per cent. discount.
GovKRSAKSrs-Strong and higher, OK
cept for Sl'sand SIS coupons, which were
steady.
Y, T. coupons liaal
New fourAnd one halis ...........ig7s.
New fotirs, ,:-,,''''. '.''''''.''''. '."!vtts
Pacific Skies OF ~
RAILROAD Bosps-Strong and active.
SrATg BoN Ds-Dull.
SroCKs-The market Was active and
buoyant IN the early dealings, and prices
advanced AGAR per cent, Nashville,
Chattanooga and II. Louis, Lake Shore,
Erie, the grangrrs, the coal shares, Mich
igan Central. Wabash aud Manhattan
elevated leading the upward movement.
Louisville aud Nash Vile declined from
l2Il to l2l, rose to III and closed at
l23. During the afternoon there was
reaction Of l(1l per cent. IN the general
list, but the decline was recovered at the
close under the leadership Of Hannibal
and 81. Joseph shares, which became
active aud advanced 3pcr cont. Tor COM
mon and u for preferred. Nashville,
Chattanooga and 81. Louis opened at
81, sold up 10 SSs and closed offered nj
that without bids. Marietta and Cincin-
matt first preferred closed at l6s, Ru.
mors affecting the credit OF the German
American Bank Of this city having been
circulated this afternoon the clear.
ing committe made careful examina.
ton ol ils condition and report that such
rumOra have no foundation In Tact.
The following circular issued this alter
noon explains itself. 1T has been do
cidcd 10y the committee in charge oi the
Central Pacific syndicate not 10 dispose
Of any ol the stock at private sale. The
applications for il amount la the aggrc'
gate already to over half 0l the number
Of shares on hand, aud the committee
iind il impossible Ia reconcile all Inter
csls concerned In any other way than
10y nilOrding each an equal chance In u
free and open market. The first 6O,WD
shares will, therefore, be- Tor sale on
Thursday mroning, the 10Th Of January,
in the New York Stock Exchange, at u
scale Of prices ranging from 81 TO 81, II
being intended TO effect M average ol
81 The starting price Is purposoly
made low in order 10 give ample oppOr'
tunity for profit 10 purchasers.
lSigncdl X. J.. Flown,
j. L. BHonor,
Committee.
II is reported that Nj. Huntington
intends 10 use the proceeds OF his l0O'
600 shares oi Central Pacific stock Tor
the purpose ol extending ana develop
in9 the Chesapeake aud Ohio road. Tho
Wabash railroad has gwen out contracts
for the manufacture OF 1900 new freight
cars.
The transactions on tho stock Tx.
change aggregated $4,000 shares, Ui
which 5000 were Canada Southern,
300 Central Arizona, 400 g., &. X J..
g., IL 900 Delaware, lackawanna and
Western, $4,000 Erie, 5000 Hannibal
aud 81, Joseph, 1000 Houston aud
Texas, 1000 Iron Mountain, l9,OW Kan
aas and Texas, 5000 Lake Shore. ~.
600 Louisville and Nashville, $4,000
Michigan Central, 1000 Marietta and
Cincinnati first preferred. 2,OOO3 North.
western, n, 900 Nashville. Chattanooga
aud st. Louis, 1000 New Jersey Cen.
trail, 1000 Ohio aud Mississippi, 10000
Pacific Mail. 32,0OO 81. Paul, 1000 81.
Louis aud San Francisco, 1000 ~.
Paul aud Sioux City, 1890 Union Paci.
iic, 81 900 Wabash, ~. Louis and Pa.
cinc, 10000 Western Union, 1000 Lake
Erie and Western, 2,OOO Lcadyillo and
400 Quickailyer.