The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-06-20

sT cKs The market wa generally firm Ai
the tpenlng, but In the early dealings there
was Q decllne Of Il 70 ! per csyt Before The
hrat board, hoWtV =, speculation becamr
strong, and by 200 Houston 4 Texas had
advanced y per cert, aud the general list \ c
Tx, aft midday q weak tom prevailed and
prices dec lned 4 TO 8 per ce t Houston 4
Texas, METROPOLITAN, EldufAdU q Canada
Southern leading, but during the Rftr-
noon dealings again ASSUMED astEopg tone,
and at tue SO Ond call prices showed an Rd'
vance" Of Y 10 *, the Ia'tsr Lake Shore d
Western.
III The late transactions the market became
weaker and the general list at the clCs-
shos ed a reaction Of kA!k per eRt, Ne,t-
ern UniIn was notably strOnI AID rose 3 p :
cent, do CO tii ats advancing az per csn,.
Central Pacific, Peoria & kVansVil Q, Ohio
Central, r chester 4 Pittsburgh we're very
strorg. The stocks showing the most weak
ness were the elevated shares Trunk lines and
coal shares. 1t was reported on the street,
| after i o'Clo k, that the courts bal reversed
the Injunction OIL the " egraph consolidation.
rhe events Of the week In financial clrcl .
h we been import u = In some instances, Til
Government bond market was weak aud
lower the hrst half Of the week on large
Ales frulu HUrVad, but tbs ecline brought In
large orders for hUmN Investment aud 10.
wards the close there was, in some rasss q
marked improvement In prices aud 0 heavy
abs rplion Ut bonds by the haass and indl.
Viuual investors The most active stocks
we're extended fiyes and four per cents,
which seem 10 be the fAvOriles with the in
VeStoiS OF present. The announcement from
Washing on that the administration would
not bring forward any funding scheme on the
assembling OF Congress stimulated the de.
mAnd for extended bonds.
Stats bones were quiet and featureless,
Railroad bonds were fairly active, with specu.
alton a q rule fol owing the courSs Of
the share list, opening strong, Afterwards de-
clining, end recovering In the late dealings,
while Investment issues were strong through
out Tho great bulk OF business and the most
notable Quotations were IN Texas Pacific In
comes Erie new second Conyols, Mobile & Ohio
dtbentures, Toledo & Delphos incomes, Ohio
Southern incomes and D., II &E. tirsts. The
last named were exceptionally weak through
out, The railroad and miscellaneous tpecu.
lAtlon opened strong and afterwards became
buoyant, with ageneral and decided advance
In prices, the upwA'd movement being sIimu.
lated by the large increase In railroad earn
upward movement was led by the South.
western socks, the Pacific bonds, telegraph
shares ami Elevated Railroad properties
This Q Inditi n OF affairs Continued during
the tirst half Of tue week, but after that time
the reduction Of rates by the trunk lines, the
reports Of troubles between some Of The lead
lng companies and rumors Of damages to crops
ed To o free selling movement, under whicn
there was o sharp dAcline In prices, In which
The entire list participated. Frequent and
various assaults W re made against the marEet
Oy the bears which brought out considerable
cided change for The better, anu the market
was o tive and FuoyAnt with a sharp recovery
from the lowest p Int Of the week.
Transactions 348.0O0 shares.