The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-02-28
TRADE REPORT.
Continued from First Puge,

Continued ron First PGge.
the banks will no longer strive to protect
their receives but they will strive to protsct
their customers. This with other movements
under way, will restore confidence, There Is
no danger OF another black Friday"
The Post Is cautious and sIys that large
short interest was made yesterday and 1t has
been covered to-day, the buyers at low prices
yesterday having been thesellers to those who
sold yesterday. Although all danger OF the
panic extending beyond the stock market has
passed away it is not at all likely that as soon
Us the short interest in the stock market is
fully covered prices will react from the ex;
trenie advance OF this afternoon. The sub
treasury has taken In during the week Sl3,.
100000 OF lawful money and has restored by
bond purchases less than one-half OF that
amount the holders OF the SS50O0,00O
winch the treasury oilers TO buy having been
dilatOry about presenting them, they not be-
ing persons whosutter by money pinches
whether caused by raid Of Congress on the
national banks or tOrany other reason.
GOVERNMENT BoNDs-Slrong and higher.
United states O. OF ISL,
Nov tivel coupons
New Four and halls
H6E Four
FAclno % Of 1870 l2I
RAILROAD BoNDs-The features OF the mar.
ket were Erie second cOnSOls, which, on a
large business advanced S9G per cent to aS1E;
Texas L. Pacific income land grant sevens TO
SEX from 7S9si O., O, & |, Q, income declined
to Us from v :, and recovered oB5H; Kansas Il
aud advanced to SIX Boston, Hartford &
Erie tiIsts declined to So from 65, and reCoV-
cred to ssh, and Mobile 4 Ohio first debel.
lures declined 10 10 from 80, and advanced
to 81,
STATE BoNDs-Dull,
Louisiana ConsolHr,, COX Virginia 6s.......... 30
&iAlOuT Do nOW..,,.,..,.,,..,,,. 90
st. OSeph.".-..."lO0 lCOnsolS..,..,, ,..,,.,..li2
Tennessee 90 60% Deferred "...,,,,r., l6
20 neW..,...'".,".,, bO SOnsTed
Stock brokers to-day paid as high as u To !
per cent plus 8per cent for money, and were
accommodated US low as plain per cent
M0t OF che loans, however, cost a commits.
sion Of l-l6aN per cent. The closing rate was
plain per cent
sToCKs-'rhe market opened strong and
buoyant Ut an advance OF 4 to 8 per cent In
the general list aud ~ per cent in Reading,
and subsequently, advanced \ TO 8 per cent.
This was followed by reaction Of X To bk
per cent the latter Western Union
Toward noon, however, speculation again
took an upward turn, and although there
were occasional reactions the general tendency
during the remainder Of the day was In the |
direction Of higher prices, and at the close an
improvement on yesterdays final quotations |
ranged from to 10 per cent, the latter in |
Reading, Canada Southern sold UP OK, |
Hannibal d 81. Joseph 0, preferred o. Louis. |
vile Il Nashville and Denver " Rio Graude 0, |
Union Pacific SA, St. Paul & Omaha I, Della.
ware lIaCkawanna u Western and Delaware |
Il Hudson OK, Central Pacific on, Metropoli. |
itan elevated ~ Rock Island and Iron Noun. |
tain 0, Nashville K Chattanooga *, Illinois |
Central and Northern Pacific preferred bX, |
Ohio 4 Mississippi 6H, Pacific Mail and Lake |
Shore 6N, Western Union 81, ST. Paul, New
jersey Central and O., q, @. IL |. 8, and LouisI. |
ana Il Missouri river l. per cent,
The Only failure reported was that Of r, 4,
Hoy, small broker, whose liabilities are not |
large,
Alta meeting OF the directors Of The Louis. |
vile y Nashville railroad to-day the lesigna. |
ton OF u. II. Gron rs President was accept |
cd and Y. q. Baldwin was elected 10 fill the |
vacancy, G. A. Warrington, OF Tennessee,
was elected second Vice President.
The Express, IN Its weekly reviOw Of events |
In financial circles, says the light money mar |
ket unsettled foreign exchanges to an extent |
unknown for year,, II ever before, The nom.
day by day until they were brought down 10 |
4ho for each caSs There was very little |
actual business, and consequently no tangible |
quotations. There were. 10 gold arrivals at |
the Assay office during the week, aud no pay.
mems on that account. Government bonds |
shared in the general depression, and prices |
fell off y tolH per cent, the latter in new |
Is. state bonds dull. Railroad bonds FOL. |
lowed the course OF the share list and specu- |
latiVe issues fell Off rapidly under the lead Of
Ere, Kansas and Texas, Texas Pacific, and |
Columbus, ChiCagoand Indiana Central issues. |
To-day the depression continued at the |
opening, but later on, as in the stock market,
they recorded sharp recovery part way, and |
miscellaneous speculatinns were characterised
by great excitement aud an unsettled feeling
prevailed almost throughout. The depression
was more severe Friday when tile general
scare resulted In what virtually became
panic THO lowest prices reached showed
decline Of from to % per cent and extended
Throughout The entire list,
Transactions Oil 900 shares.