The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-02-07
RINANcIAL AID o0nMERCIAI.
NewYOrG Honey and STOCKS.

New X0Rk Money anu htoekA.
NEy YoRK. February 6.-MoHRY-Quiet
and easy at 4a6 per cent. Prime mercantlG
paper S<a5k per cent Sterling E1chAngl
banksrs bills steady OF Is 81 demand
II s61t.
GoVERHxEHT BoSDs-Quietand unchanged
unitea stAts O. Of lssl,
New -Four and hAltl
New Four oouP
Paeide q Of 1895
RAILROAD BoEDs-In the railroad bond
market Texas & Pacific income land grant
seyens advanced to Sax from IS, and later fell
To S3x; Lake Erie 4 Western income rose "a
81 from TO- and then fell to S0Aas0N; Peoria,
Decatur & Evansville firsts Evansville di.
vision advanced to so from 7sN, income to
So from so; Wabash (SL Louis divisl0n) hrsts
declined to l09H from llS1S; Mobile & Ohio
second debentuTes to 80 from 621I; Kansas &
Texas seconds to s0N from SO, and later res
covered to SIX; and Chesapeake 4 Ohio cur
rency skies, declined TO 81 from o..
SrATE BoNDs-Moderately active.
Louisiana COnsOlI,,. 81 Virginia CS,...,....,.,. 80
s. ConsOlS,,,.,,,,, ,,..,,,.,lOS
Tennessee O. -,..,... DeteEred,.,.,,.,. ,., Is
| DO neW''","''''',''''--' ~ '
SroCKa.-Market irregular and unsettled.
In the early dealings and at the first board
the general list declined ka2N per cent, the
latter in Western Union. Toward noon spec
HlRtion became strong and prices rose MaSN
per cent, Lake Erie & Western, Peoria, Deca.
tur 4 Evansville and Western Union leading
the improvement, During the afternoon the
market tluctuated with frequency, but with a
narrow range. In the late dealings Northern
Pacific advanced 2h per cent, and Oregon
Navigation ~ per cent while the general
list reacted halX per cent, the latter 81 Paul
The Express reviewing the week says;
The railroad and miscellaneous speculation
was heavy and lower during the week, prices
having declined 70 per cent under heavy
selling movement Subsequently there was
a marked change in the condition Of affairs
aud m advance Of TO 7per cent took place,
the settlement Of the consolidation OF the
telegraph companies having very favorable
influence on the market for the time, This
Improvement was lost near the close In some
instances, the principal weakness having been
| In the granger, trunk line and telegraph
shares, The Alton Il Terre HautO preferred
and Oregon were marked exceptions to
the general list. The former fell of from
1851 To 1891, rose to l40 and closed ut a re-
action OF per cent, while the Oregon de.
clined from l64 TO l60k and rose to III.
There were also exceptions to the general
market In low priced shares, notably Lake
Erie & Western, Peoria, Decatur& Evansville
Ohio Central, and Northern Pacific. Elevated
Railroad shares were prominent In the deal
/ ingS ut intervals during the week and were
strong aud higher The noticeable feature Of
| the week was the large dealings in low priced
shares which continued to attract much Of the
speculative intsrett.
Publication Is made here to-day that q New
York, Chicago &St. Louis Railroad Company
has been organized with capital Of $4,000.
900, OF which Sl3,000,000 has been taken by
u Syndicate, which has deposited 10 per cent
OF the subscription In cash. 1t Is proposed to
build line from Cleveland 10 Chicago, also
To extend the line from IT, Wayne Junction
to st. Louis. The company has purchased
tifty-!ix miles Of the Wabash Canal which
gives 1t right Of way In IT. Wayne $50 feet
broad. The line from Cleveland to Chicago
is to be completed this year, and to Ct. Louis
by July, 1882.
Regarding the extension OF the new road
eastward nothing has been decided on. The
capitalists interested In this new project are
prominently identified with the Lake Erie &
Western, Ohio Central and Peoria, Decatur &
Evansville Companies. Mr.. French, auditor
OF railroad accounts maintains that the
Northern Pacific Railroad Company has
right 10 the decision OF the Attorney General
that all lands granted are the property Of the
company, unless Congress should, by special
act, declare them forfeited. Three hundred
and seven thousand, two humid ed and twenty
live shares Of the Western Union stock voted
In favor Of, and SIX hundred against Consoli.
dalton, FAX per cent OF the entire stock rep
resented.
Arrivals Of gold at the Assay office from
Europe the week ended Friday, $3.50 500, all
foreign coin aud bars Total arrivals from
August 2, 1850, to February 4, 1881, 800, O25,.
2O0, OF which $6,SS8,0O0 was American coin,
and $63, l30, 200 foreign coin aud bars Arri-
walls the same period in lS70.S0 were $7S, 4l6,-
1850. Payments on this account by the Assay
office S642Z7O for the week, 500, 90S. 1866 since
August LIST. ..