The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-01-15

early dealings prices advanced Y to ~ per
rent, but subs queDty declined u 10 "a per
cent telegraph shares showing the most &C.
preston 1T the first board. specula.
ton assumed Y strong tone, d
the railroad list advanced sharply
during the afternoon, the improvement rau. :.
ing from X t. lSA per cent the latter In
Cana IL southern, heavy purchases OF which
vera made on the report that that road Is to
bs leased t. tho New York Contra anu It's
stock guar nleei per cent an ual dividends,
The story ofthsle M isimprObabls on Its face,
rs tins Canada Southern isa foreign corpora
tim. 1ne runlur may have grown out Of the
fact hH. anew tratiiC arrangement had Just
bHen maize b. tween the roads which 10 more
favorable for the Canada Southern than the
old Gontrat' The Reading ross 6k p r cent,
IT Pau ~, Union Pacific 2N, Iron Noun.
tain ~ AMI Della ware & Hudson 2 per c. nj,
In the laLe dealings realizing sales caused
reaction Of u 70 ~ per cent, the lat ter IN
Canada Southern, which was subsequently
partially recovered.
The telegraph shires were ievtriSh in the
afternoon and closed Ut u decline Of 2SSaSA
per cent from the hishtst point, on reports Of
some hitcn In negotiations Tho Exprt IS, re.
furring to these TumOrs says: There are un.
tOubtsdly among the details 10 be arranged,
y me important questions; such US the valua.
lion lass u, OutStaI ding contracts Of one OF
the companies, and other things which will
require more or less Consi ,ieratiUn and discus.
sion before their final adjus ment. The old
maxim that history repeats itself, will he
again exemplitied IN the shane Of bitches iu
this consolidation buslm IS, or ut least street
rumurs Of such tritlIng impedimens The
TACT OF the InRtur ID that the grsRtntss and
magnitude Of tins scheme affords s4ch wide
field for Int rmedia.e fluctuations ana the
process, 10 called, Vt missing he street, Is
rendered by II 30 feasaDl0 II Is ha dly 10 be
expected tne mater will BIZ arranged with that
haste which the pub 10, now on lhe bull side
VI telegraph specu alton naturally desire"
The Graphic says The buyiip Of Union
u strong and steady buying, and ~ Paul ~,
pears 10 have been thoroughly fright md 5,
su ut inter 1t, HGunibal and st. Joseph :
bting bought for u considerable Use, and II
continues to be we'll SuppO, ted. UntS
signs fail these sucks ere bound H. advance 10
higher liaur,s There considerable utliefin
another upw I'd movement In kris common
this week, und 1t il claimed III / q Juld Is ~
4 the tax Is 90, and II Is reported the Wa.
bish Pacific II IL TO hiss lust concluded
important freight contract WITH the Erie ruar
for term VI years The rle G ,mpany Is 10
lave the benefit VI all the Wabash ratll over
the Great esiern Railroad I Canada. Thert
has been large buyingOf Wabash umOn In
this market wihina short time past for for.
egn accounts. II Is SAid that a Pine street
bunKerbougnt 6,0OD' lures yesterday for Lon.
don, and prominent German aud Ann rIcan
bankers have been buying arse Y for nurJpe
I # ten days past. Mr.. could IS said IN haYe
bought lOt n shar.s Of Wabash Sesterday.
III patches were received to-. ay that q
stringent bi had been introduced In Minn,so.
II against thu raiirOa s. II hNs been known
for some time thst such III would ,e
brought forward, and III 50 cog liant " thu
facts sold the GranRers freely. expecting 10
nay at l"Wer figures n the | r0duuti 10
he measure They are The same parties vi o
depres ed wheat last year bya heavy tnle
The general EXPIRE sion among y o rppresen,s.
tIves Ot the Western roads here Is that the
re disp sed to be- us avOrah to
the farmers a' their obligations to the stOrI
and bond holders will allow. The dispatches
had no material elf ct On the Grdf ger share,
no Chesapeake Il Ohio raj road gained
80,OC0 In Dec mber, AID 1923 NV for til
ear 1850 The earning for 1881 were derived
from the operations IT the sanle numtpr OF
miles uf road and fOm The tame source Ui
traffic as in 1870, sud he exhibit n ainy
shows an incrGale In the local business Of t., e
road In he transportation u coal, iron ore,
mauui+, tured iron lumber and other Pm.
duets OF the region traSened by the road,
ron Mountain earnings increased Vi, 500 for
the first week in January. Houston Il Texas
Increased tlG,0OO, anu Mar 7 4 Texas 81 coo
for the Satne line. The .4fiic OF the Indiana,
Bloomington & Western decreased 81 400 Tor
DeCpmb-r.
Irnnsnrtinna bfg mn shareu