The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-01-20

,S'NSNS He ihHlhet uptHtH btFODg and "
pr rent higher, the latter Amerl, a.
Union \ hseqlrntly prices reacted HALL,
per cent, but Ut the first b ard 30 culatioI
b. Sms sl'onR und under brisk nuFc6SseS n,
dvanGe ranPing from \ tI6 pSr cent a a,
eC0rhed, In whlrhSt Pau 4 Omaha pref red
Union tatitiC, HannihAl & SL Joe, PsciG,
dail and delaware & Hudson were the n,os
prominent, This was followed BY reaction
IT \ 10 NJ per cent, butdu-ing lie afiern or
tNe, marktt again took an upward turn, and
llllder heavy plrcha'es an RdVa CO OF " d
H per cent took place, Union Pacific, In,
rrls.HTaph shares the Granger SharPs. Chicago
Y Lnlis u New Orleans and the Iruuk In,
stocks aning ths upward movement, Tut
nigh st pric OF the day were gehertlly cur
rent In the fintl sales The market clo,ing
strong amid much excitement
The DIRE tors ot the HANNIBAL 4 st. JoSepl
raj road to-day so we'd 10 submit A pr0nnsi
tion TO their stockholders T. sue n consoli
isteI bond Of IS 100000 on their SNti miles oI
rnSd and to ttke up al Outsts nling issu. q
The bond will hear per cent Interest md
un 30 ears. Ibis will result In a saving
1000 10 Int st yearly, u d tho inromS al
the land department will soon be applicable
70 dividends. Bth the common ana pr..
fetr'd ttock were a'tive apd strnDR on hi,
account. The sharp rise In 1t. Paul 4 Omuhn
preferr' d and tha SympAtll .iic auvance n tht
common stocks are due to large earnings and
the prospect OF tn n al being eventually Alb
'orped into the Chicago & Northwestern sys
,ein; The gtstt rumor In reg ,rd 10 CblcGgo
Z Alton is that that cOmpa y will deolate D
Oond dividend, probably Of so per cent
The Chi ago 4 Rock Island earnif rs the
lr't eht months OF the fiscal year OF III.
Company were the rate Of over l2 percent
per Anhum ana NOV ment Is on foot for IN.
easing tho dividends. The active dem, nd
Tor coal and I'm roved demand for Zig ion
ana rails, In oonnecti' !. with the scarcity OF
OAl a. Lto W,st Bre the general tAIi "a nj
SOrs In advancing anlhra, lie coal shares, bnI
IN The case ri nelawar.. LaCkawanna a W.s.
m, fepOrts about the rapid construction
the Buffalo extension are quite p,tent The
continued upward movement III Illinois Cen.
ra Is due 10 q well authenticated repnrt Ui
IN increase In the rate Of dividends ia The IN,
ture. ''S =,
he Northern Pacific preferred shares will
soon br pl"eed on the london Stock k4changa
and the IL ating supply OF the stock here 4
being gradually picked up for tran mi,slrn
abroad rome, the low priced stonL s, like
edar Falls & Minnesota, Rome, Watertown
' ORdensNnrg Pittsburgh. lituSvlle a Bnfr..
Q, Mai ttt& Cinrl natl and Keokuk n iie,
MoinEs came t. the front and were conlpiru.
~, In the dea inRs
The advance In Union racifc To the highest
point .vtr attained Rlew out the pfesenc,
rr'tt some Of the stern directors and the
reports that the shtme Of Increasing ibe
rapiia st.ct, paying Oft the Government
ohds and making seiip dividend Is likely
u go through.
lhesrtivity and advance In Western Union.
Atlantic 4 Pacific and Amer, Union Telt
Il ph shares was tau cd by the r. ports that
he cOnsoli idation scheme would receive favor.
b cohsideraii n at the directors ME ting OI
The Mes err Union. Toe neGstfth The rat ica
tim did not reat N the ttrel I un II hiter he
close ti business and the ction taken BY
no Uhibn Pasitic directois was not known
6hen the Exchange cItsed.
At meelinRUt ,he directors 0i the Uni.n
Pacific RAilrad COMPANY to-day II was
unanimously agreed 10 incrs,se lie espitaI
sU to SlUi O0,0UD, TO he of red 10 stock
holders Of the rs ord Oi February O, At par.
N the proportion Ot one share ~ the new ,
tiVeif he Ol This slonk Is issued for the
purpose providing money TO- the pxtpnsiOnL
nd for the increasing facilities reduited by
ths growing buslmss Uf the road.
Under the plan OF consolidation OF the
three telegraph companies, 3i6OOo,OOO in
,c'ip Is to DC divided amOng the Western
Union shareholders. The plan IS u be sub.
,uitud ~ a meeting Of the stockholders, Feb.
ruary l0.h.
An y tawa dispatch saySthat eitJ 1hn Mac.
OhAld has made the announcement at his
oYennlent prop SEES sanding by Tue original
GahadA Pacific fdllfoad contract, and il Is
iEely that II viii le passed this week by the
I LAraIIan Parliament.
Tie earnings VI the Louisville 4 Nashville
,oa increased $i9,O0J the second week In
J,nnary.