Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1881-06-06

registered, which rose per cent.
.. T. coupons ,lssa
New flves loe ~
new Iour-and ----.-.-...iiss
Pacinc sfxes OF
RAILROAD Boxps Fairly sctive but
Irregular. Boston. Hartford and Erie
frsts, advanced to Sjl from IS, then de.
clined 10 S3I; O., c. al. q. income do.
clined to 75l iron 77l; ksnas and
Texas seconds 10 S1i from 80, Iron
Mountain seconds, advanced to li&i
from ll3; Union Pacific frsts. 10 lia
from lis; Indiana. Bloomington aud
Western seconds, 10 SS from 81; Ohio
Central income 10 65l from 66; and
Northern Pacific tirsts, 10 lost from l0S.
SrocKs-The market opened eener-
ally firm, and prices advanced 10 u
per cent, New Jersey Central and
the rise. This Was quickly followed by
q decline OF ! to u per cent, which Was
most marked in Canada Southern, ~.
Louis and san Francisco preferred. New
Jersey Central, Pacific Mail, the gran.
ger shares. and Central Pacific. After
mid day there was recovery OF TO |
per cent, but during the afternson spec.
ulation was unsettled with downward
tendency to prices, and in late dealings
the gen .ral list further declined 20 !
per cent. In the final sales, however. =
6rmer tone prevailed, aud the market
closed at Q recovery ot \ to l per cent,
while Denver and Rio Grande sold up
. per cent. from the lowest point The
street this afternoon was flooded with
rumors about cutting rates by the trunk
lines led by Vanderbilt, about Q short
winter wheat crop, damage TO spring
wheat and reduced acreage, etc. These
rumors, together with the unfavorable
bank statement, influenced the prices OF
stocks.
The Graphic says trouble his
for soms time been brewing among the
railroads. II 10 said that the Erie road In
particular has been taking freight OF
VARYING rates, and il has had its agents
out in the west seeking business at such
rates as would secure freights. The re-
suit OF this has been that large portion
OF the business has been diverted from
the New York Central lines, and that
the Erie Elevator has been running Ia
while the Vanderbilt Elevator on North
River has been empty. IL 10 afirm,d
that Vanderbilt, on being made ~.
auainted with this state OF Affairs, sd.
dressed an official letter TO the Erie
people, notifying them that hence:orth
the roads under his control would com.
pete for business without regard ~ pool
agreement. There have been accompa.
sying runners 10 the effect that the Wa.
bash system was ~ he attacked, and
that the Baltimore aud Ohio was 10 be
punished for it's alleged misdoings Mr..
Charles w. Smith, the rev general
manager Of the Chesapeake and Ohio
road, has been making very thorough
ex ,n,inatio- Of the property and
country. Said banker 10 day:
Ills report ia very encouraging. lie
says that il the company vii!
supply him with the neelcd equipment
he can readily devclope local business
on which he can piyG per cent on all
TIE bonds and all the stock of the road.
lie has ist male contract with par.
ties who are erecting an Immense nun.
ber Of coke ovens 10 supply them with
material. A Sra. Nay industries
arr sprineing ~. anl tie policy OF the
road II iO dcrel0pr thsm 10 the utmost.
I,xpcct 70 see tha, road dividend pay.
&, a., co,. am ot "a, ,lt..aut nay