Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1881-12-02

| New YORK, December l.-MOSEY-At u
| rer cent. per annum, and l-l6 per diem
! closing at per cent. Prime mercantile
paper car per cent. Sterling exchange,
bankers bills, steady at 1901 demand 4S4l4.
GovERNMENTs-Firm and generally 1s(g4
per cent higher.
Skies
FiN es extended US
FOUr-and-a-
RAILROAD BOSbs-lrregular on mOdcr-
ate yolum of business.
STATE SECURITIES-Duli.
ST0CKs---Sharc speculation was generally
in the main gal per cent higher than the
closing ROTATIONS yesterday, Nashville and
CHATTANOOGA showing the greatest improve
ment Some few shares sold up Il fraction
in early dealings, but the general market
became heavy, and decline Of = to las
per cent took place. the latter in Wabash
preferred. AT the first board the market
again became firm. and all advance was re-
corded ranging from \ To 2l3 per cent,
which was most marked i'll Louisville
and Nashville, Nashville and Chattanooga,
Delaware, LaCkawanna and Western and IL
linuiS Central. After midday speculation
became weak and under heavy pressure 10
sell the entire list took a downward turn,
prices continuing 10 recede steadily to the
close of business The decline from the
highest point ranged from - Ia y. per
cent, Lake Shore. Nashville and Chatta-
nCOCa Memphis and Charleston, Louisville"
and Nashville, Northern Pacific preferred.
Denver and Rio Grande and New York
Central being the most prominent therein.
The market closed heavy, the Contin-
ued StringcnCy Oi the money market aud
the unsatisfactory reports and conditions
and the negotiations for the settlement of
the railroad war together had the effect of
causing depression in the stock market
and declining of prices, the net decline for
the day ranging from lIa2 per cent, led by
Lake Shore, which closed at l9OlI against
122i@ at the close yesterday. A rumOr for
which the foundation could not he found
was circulated To the effect thar Vanderbilt
demanded that the Pennsylvania and Erie
companies shall abandon the New England
territory and their officers give up their
interest in the New York and New England
railroad scheme, which threatens TO de-
prive the New York Central of an impOr-
tant part of its New England business.
The Boston. Hartford Il Erie bonds, the
only representative securities 10 this mar
ket of New York and New England, after |
To 80 cents fell To II. The call |
of Secretary FOlger for S20,0OO,0OO of eX-
tended Us to he redeemed January 18th
next was construed rs indicating that the |
policy of the new Secretary will he to take
all these bondS-thc amount outstanding
being about $l4SG0, OVU-befOre touching
extended Is, and that he will not buy is or
AIS in market.
Transactions 40i, 0O1.
Mining stocks are very active and weak.
An immense business was done i'll Robin |
son Consolidated and State lines. Robin |
ton opened at 40 declined to 400, advanced |
to $50 and closed AT 44j. State lines are !
very weak, Nos. and dccIiningto 100 and |
closing at 100, and Nos. and declined to |
l2j. and Oriental and Miller to 81. South |
Pacific declined from $40 to 3T5, and Silver |
Cliff advanced to go The market closed |
i'll dcmnralized condition. Total sales Of |