Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1881-02-21

and iours and half
Y. Coupons Qssl
rev flvcs .-.-luu{
New fourandone-halh.,.......
Eew llst
radnc sixes oil
RAILROAD BoSps-In the railroad
bond market Texas and Pacific income
land grant sevcns declined to 81 from
81; Lake E-i- and Western income 10
"a from soi; Peoria, Decatur and
Evansville frsts Evansville division, }
income, 10 81 from 50, Iron Mountain
seconds preferred income 10 IS from g.,
and later recovered TO SS3; Ohio
Centra! income TO "a! from $50; &. y.
X !. Z. income to Il. from 7St; New
York, Pennsylvania and Ohio income
to &c from 63i, Kama,
and Texas seconds TO tSi
from s.. later recovering TO S4}; Decs .
tur and Springfield second income TO ~
from 63t; Iron Mountain frsts prefer.
and Ohio currency IS to 81 from 63; aud
Union Pacific trsts to ll4t from lis.
STATE BoNDs-Dull, except Louisiana
consols, which declined from Us 10 %.
rallied to 81, and closed at 60i.
Exports OF specie for the week 3+0j..
600 in silver.
SrocKs-The market was irregular aud
unsettled in the early portion of the
day, but became strong at tho close.
Prices opened / 10 = per cent lower, and
subsequently declined | to 8 per cent.
the latter st. Joseph common. At tho
first board an advance Of to 3 per cent
WAS recorded. the latter Louisiana and
Missouri River, Reading selling up TO
81 per cent Pacific Mail u. and New
Jersey Central ~. Before noon, how
ever, the market became depressed, and
q decline ranging from ! TO 0 per cent
took place, in which New Jersey Central,
Reading, Northwestern and Northern
Pacific were the most prominent. la
late dealings speculation became buoy
ant, and under vigorous buying tho en-.
tire ! 81 rose. the closing prices sho ing
All advance from the lowest point Of ! "
st, the latter Nashville and Chat.
aGoogs, Reading, New jersey Central,
Northern Pacific. Union Pacific and st.
Joseph being also conspicuous In the
Improvement Chattanooga rose In
\ reported settlement With the lessee OF
the road d. K y. Co. }, guaranting 7 per
osnt S'-i4er -. .kf ,'osr mo- S,la.[a.Sl><
stock has been admitted 10 tho Boston
stock exchange. According 10 Washing.
Oh s1viccs q movement will beinade to-
day for reference Of the funding bill tos
difference comnitte Of 10 two houses.
The C,mmtrcidi says the furry about
the ) per cent funding bill which some
of our wise banking people attempted
10 get up this morning has about passed
over. There is not the slightest doubt
but that the Government will get all tho
money wanted 10 pay the bonds OF III
at per cent. The whole S..
100000 OF one year Treasury
notes could be subscribed in
the New York Stock Exchange. neIt
week, il the notes were ready and offered
It face value. Tie, with 500, ~, 900
cash balance In the Treasury, Constant.
iy increasing, would settle all the bonds
without q dollar oi Ieiundine, and u
We are not greatly deceived this will lie
the policy of the new administration.
There will be no 3 20 bonds Issued un.
der the bill u there 10 any sort OF hesita.
ton manifested 10 exchange them for 5
p'r cents. At the cio." of the day the
firm OF II. W. Mason Il Co. Was an.
nOunced suspended. A review OF the
week OF the stock exchange
show that the railroad and miscel.
iapeous speculation Was active and
buoysnt early ia the woek and great
excitement characterized the dealings.
which were on an enormous sfaie. The
advance ranged from l 10 ~ per cent.
New Jersey Central and Reading
leading the upsard movement. After
these stocks the most important sd.
vances were IN Southwestern shares,
Northern Pacific, Oregon Navigation.
and Pacific Mail. Toward the closs
| there Was a marked change In tho tenn.
| per of speculation AMI shares fell u J
per cent. from the highest point. while
later . partial recovery ensued. The
| early advance in stocks Was siim ulat.d
in q general way by the prospects of tbs
| passage oi the Funding bill. while there
sere numerous special causes at work.
For instance New Jersey Central
| advanced sharply on the election Of
Gould and Dillon 10 the directory AMI
t.lk about improving and extending ths
-oad. Delaware. Lsckawanna and
Western Was run up on tbs heory =
that il was 10 be brought into Gloss anil.
is,ion with New Jsrsey Central. Other
coal stocks advanced In sympathy.
Reading was given Q sharp tsst, fni
On the report that Could nsJ obtained Q
controlling interest, and, second, on tire
rumof that some large shorts we're 10.
ing squeezed. Sofne of the Soutb vest.
ern shares were advanced on fsvorabls
prospects OF ths approaching cvnsoIida-
uon. Northern Pacific vas run up rap
lilly on the announcement that psrtiss
in the interest Of the Oregon Ruirosd
and Navigation Company vers buying
= controlling interest, which slso csussd
q sharp rise in Oregon shares PScine
Mail was put up, IL u supposed. On the
presumption Of existing short interest,
and the talk OF large earnings Chstts-
noogs and kio Grsnds shares ross
larxely on the agitation of dividends.
Ths decline l.ts In the week wN due
chiefly 70 = mi apprehension regarding
the operation tf the fusdinx b,ll. a.
tbough the reports Of vsndsstilt's III.
ness, together with the bales TO psiiss
profits, had something 10 do With tie re.
action. In the hnai dsaIings there -
marked recovery from the Iovsst prics
Of the week snd strong market gsaer.
ally on Q better understanding ol the
funding bill. Q Washington dispatch
stating thst the Treasury on :isis ssy
there will 10 decided iaaatisn undr'
IT, operations. -r..