Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1880-05-07
BUYING AND SHILLING.
GENERAL nAakers sy rllesaApx.
msasy st I to 6 PEI csat-esvsa-
msah stesdy : fIssr Qsist-
Wheat exsitsd sad Lever
hegs Steady.
YInANuR


GovsRHhHnn-Steady.
New Ioarsnd one SaiK K......... .........-ielN
New !onn ....;;;::'.'''.'''''' "''-'--N
Uacihc 6ixes OF N
RAILRoAp BoSns-9 Generally heavy
and lower. Boston, Hartford aud Ere
Rsts sold down from 1l 10 %, and ~
covered 10 4Si. Rome. WATERFOWL and
0gdcnsburg fell "a per cent, and seconds
I per cent. Iron Mountain arst pre-
ferred incomes iell of 10 s3 and seconds
to ~. Denver and Rio Grande 6rsaa
roee 10 l02.
STATE BoxDs-Dull.
SroCEs-Ths stock market opened
firm and prices advanced from 10 per
cent, the latter, New York Central, but
before the first board was pronounced
the selling movement Was commenced
under which the entire list
gave way and q decline of
10 "a per took place, Central
Pacific, Pacific Mail, Ohio aud Misaissip.
pi, Houston and Texas, Erie. New Yofk
Central, Wabash aud Western Union
leading the downward movement. 10
final dealings, there Was q recovery In
some instances Of | To 4 per cent, the
latter Pacific Mail, while In some Gases
the lowest prices Of the day were prsys.
lent. Al the close Louisville aud Nash.
vile was exceptionally strong. and sd-
vanced 3 per cent. The bearish feeling
in the last hour Of business wss stronesr
thoh at any previous time since the
downward movement began. Tho dc
at Boston was mAgnified into . gre {
contiagration, aud made the basi-
for rumor that mercantile
failure Vas imminent there. This
OF course helped 10 unsettle matters.
Then again II was the general impression
that some Of the large operators are not
on tho most friendly terms and that In
turn they were doing their utmost to
dcpress each Others stocks. special
drives were made against Erie, Pacific
Mail, New York Central. aud Delaware,
IAckawsnna aud Western. And snor.
nous transactions took place in these
shares. When the lowest QuotstSous
were touched intense excitement pre-
vailed, which, was allsyed however. Al
the 6nish q heavy set was made asainst
Northern Pacific snd 81 Louis and ssn
Francisco on fears oi hostile legislation
in Congress. The financial Qusstioas
which auger good things for the mar.
kct, were not discussed. bsing seemingly
useless 70 stay. the downwsrl move
meat. Ths principal subject which oc-
supied speculative minds Vas The prob
ability al prices soon Andins bol.om.
Money vas rssy. There vss cousidsr.
Gb,e scsutiay % colistefsls, In vssw ot
the decline In the stock market, but the
article Was plenty on good security.
Btocks we're in active borrowing dc.
mand. The April earnings Of the rail.
roads continue 10 pour In. and IN
every instance show . gain over
last year. The Iron Mountain shows an
Increase Of ts5, ,l03. The Louisville and
| Nashville. $40, 900; Mobile and Ohio,
SI7, ,s62; Wabash aud Pacific, t2s%, 900.
Mobile, kansAa aud Texas, t52,6lt.
The Lake Shore Tor the first iour months
| of the current fiscal year, shows Q gain
| In traffic Of t2,000,0D0. The anthracite
coal roads gained LARGELY In oonse9usnc
Of an advance In the price of coal and
an advance In the general business.
The returns OF the Grangsr
and other Western roadsslow q largely
iureased traffic over last year. The
earnings Of the New York Central and
Hudson increased sos .0O for April.
and increased for the Rrst seven months
Of the fiscal year $2.Jab 600. Mining
shares are somewhat irregular, but
| without important fluctuations. Not
withstandine the dcnisls that the water
| supply which Was depended upon 10
work tho stamp mills Of tine Central
Arizona mines has proved inadequate
W the task, IL can not be denied that
insiders" Ia this stock have been ssll.
ing freely of late, and ~ the company
| originally working the mine eIperienoei
considerable trouble for lack oi propsr
water facilities, the beliei " gaining
ground that there is something more
than mere idle rumor la the story that
the plans oi the present company ior .
plentiful supply oi water have 81 Issst
partially Jailed.
The transactions on the stock ~.
change aggregated G06. .00 sharss, II
Which 270O we're Canada Southern 1000
Central Arirona, 100 g., O., q. d J.,
GO Chesapeake a Ohio, 100 Ceniral
Pacific. H,b00 Delaware. IAcksvanns
and western. 2,sOO Delaware a Hudson,
1900 Ehe, $50 Hsnnibsl d ~. Jassph.
ay0O Houston d Texas. i3,00 Iron
Mountain, $500 Kansas aud TEXAS, ~, :
0nt lake shore, $50 hichigsn Central.
II000 North uesscrn, 3,Ao EsshviIIs a
Chstsanoogs, 5000 Ses Jersey Csntral.
2,400 New YORK Central. 900 NotseFn
Pacific, 1000 Ohio aud Mlsaissipg',
600 Ontario a Western. 8,000 Psfihc
Mail. 1000 Reading. N,m N. Paul,
s,0OO ". Louis and Ian frsscisco. so
Tniou Pacific. 1000 wsbash and 70.