The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-06-27

easy at 24ASK per cent, closing at 8 pei
cent Prime mercantile paper satH pei
cent Sterling exchange bankers' bills stfady
at 81 stk, demand n ssk.
GoVERHKEET RnEss-Gsnsral.y firm and u
pr cent higher fIr fpurs and fves, registered
b1Eds.
uaitsa siaia q Of lSE, sOOPOHI.-...-.,..---..--los
nOW ROU1 and . halls, ooupOnA............--.....--llAN
nsG f0un, eoQpoaa- U
PAGtae Y o. lbea, OBSERVATION-DISCLOSURES '..'-' '"'.--''''"'' --l0
RAnRoAD BOHDs-In the railroad bond
market Toledo, Dslpt Os & Burlington incomes
declined to 6)K from q, Lake Ere& Western
incousi to 81 from 81 Texas Pacific land
grant incomes 70 9lH from 90, and Union
Pa Id; ir,ts TO l2On from l2lh. Missouri
Pacific cummon advanced TO 100 from lg7H y,
kansas CITY & Northern, st Charles bridge
trsts TO l07 from lN4, Erie fourth extended to
Ill from ice, and Oaio 4 Mississippi consoli'
dated sinking fund l2i from l2k.
SrArB BOaDS Tennessee issue were lRlH
per cent lower, and Alabama claSS A 4 per
cent higher.
SlSs0un "a ...r.,~-lI Virginia eonsO'L X
81. Joseph ...,,.,........lI ~ mAtuEed eouPo-S., @
TOnutnes q -.....,..-. II Deferred ,,.--..-...,-- II
DO noN,'..---"-,"'''-.' ltAl
srocEs opened lively, firm and higher.
Trunk line shares, however, being weak aud
lower In the early dealings speculation IVES
fevfrish aud unsettled, aud before nO9n
prices declined Aa2 per cent the trunk line
stocks, Memphis 4 Chattanooga and Northern
Pacific preferred leading the downward move
menL This was followed BY . fractional re-
nlVa.,N kNk INB{nn Nha aUaNtNn aRaHnlaNinn
became extremely dull and prices TOOK 0
downward turn, the decline ranging hA2 per
cent, the latter being In Memphis q OhSta-
nOoga, the full decline In which was 81 per
cent, In the final sales there was q recovery,
In some csses Boston Air Line preferred rose
az per cent. Oregon Navigation declined ~
per cent.
Tue events OF the week In financial circles,
although Of no importance, were nevertheless
interesting in many respects The largest
bualdeSs for q long time past was done In Stats
Bonds late In the week, the attention OF deal.
erS beirg a most entirely absorbed by Tsnnes'
See Issues and Louisiana consuls, the former
rising 8 and the latter 2 per cent, On the other
hand, railroad bonds were exceedingly dull
throughout, The only approach TO activity
was In Rrie, Chesapeake 4 Ohio, Boston, Hart
ford 4 krie. O., u h |. Q. and Mobile d UhiS
lASuFb, NulCu WeEo uIut W ubEOukt anu 4eANA
Pacific, Rome & Ogdsnsbu & and Rochester 4
Pittsburgh bonds which suffered more or less
OF q d cline. The railroad and miscellaneous
speculation was Characterised by a very irreg.
iIAr course Of prices and frequent caRnges
In the tone Of the market, At intervals there
were Ehlrp bearish assaults against some OF
the active stocks, more particularly, however,
against the trunk line shares, which were
heavily pressed for sale after 1t became known
that the dividend on the Michigan Central
had been reduced, that no dividend wou d
be paid on the Canada Southern and that the
semi annual statements were altogether less
favorable than had been anticipated The
weakness Of the trunk line stocks naturally
eIerted q depressing influence on the general
list, and q had a tendency 10 check the rise In
some stocks, which otherwise would probably
have msde further advances Among the shares
which were CONSPICUOUS Tor strength at times
were St PAul, Western Union, Oregon NAvI'
Northern Pacific. Southern Pacific,
Bo,ton Air Line, Union Pacific, Hannibal 4
1t. Joe, Modified Ohio and Reading.
Transactions 1884, COO shares.