Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1881-11-10
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The Erie pool is said to have sold con.
siderable stock lately. London WAS a
large buyer. On Monday seventy thou
sand shares are said to have been bought
for foreign account.
The success of the Gould party in the
approaching election will end the rail
road war Immediately.
Missouri Pacific and Western Union
will probably be "listed" on the London
Exchange.
Rumors of a pool in st. Paul are cur
rent.
The Louisville and Nashville las adj
vanced the rates on through business,
and an advance is probable in the Chi
cago, Burlington and Quincy.
large short interest has been created
by people who sold stock against the
purchase OF rights. Insiders who sold
out on the prospect OF trouble with the
Union Pacific, are buying back their
stock.
The Northwestern company is said 10
be earning Is per cent. per annum.
An advance in Illinois Central is con.
sidered probable.
Ten thousand shares OF Robinson
Consolidated. were. bought bag the pool
on Monday
A good demand is reported for Mis-
souri,, Kansas and Texas ronsoi dated
mortgage bonds. 1t is reported the
Mobile and Ohio debentures will soon
be funded into five per cent. bonds and
the road restored TO the Stockholders.
Ii is reported the Memphis and Fort
Smith Companies have protected them
selves against the probable decision ol
the Arkansas Supreme Court, holding
these roads liable for certain bonds, by
buying in most OF the bonds issued OH
their roads.
The advance in Buffalo, Pittsburgh
and Western, ,isbased on the contemplat-
ed alliance with the Buffalo. New York
and Philadelphia.
English capitalists contemplate build
ing . railroad from Columbus to the
Ohio cOal rcldS.
Wabash is taking advantage Of the
opportunity To advance the rates at all
points not touched by competing roads.
Speeding the Parting Guests.
NAw YORK, November 9.-Marquis
De Rochambeau and Mime. La Marqulse
De ltochambcau sailed this morning in
the steamer Saint Bernard for France.
A large number OF friends gathered to
see them sail.
Currency Going West.
New York, November 9.-The Post
says the city banks are losing more cur
rencv to the South than they are receiy-
ing from other sections. The Treasury
offered to buy, to-day, two million dol.
lars OF ;! per cents. at par and accrued
interest. The only bonds offered was
lot OF z, $50 extenued skies, which were
taken at par and accrued interest, or
1911. The market price is l0ll to l0l:.
Manhattan Elevated.
New YORK, November o. Jay Gould,
Sydnev Dillon, Russell Sage, Samuel
Sloan and Cyrus W. Field were chosen
to-day, members Of the Board OF Direc-
tors Of the Manhattan Elevated Railway
Company. The directors then elected
Jay Gould president. The stockholders
adopted q resolution recommending
that the surrender or transfer OF the
capital stock of the New York and Met
ropolltan companies be made by their
stockholders to this company and ac-
cepted by il, and for that purpose they
approve and authorize the issue OF
like additional amount OF stock in this
company, not exceeding, in the aggre-
gate, the stocks OF the New York and
Metropolitan companies, that is TO say
$4,000 900, on sdch terms and condi-
tions that may be agreed upon between
the three companies.