Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1881-03-24

GovERNNESrs-Qulet but generally
firm.
Y. B. Coupons ussiJ
New fourand one
seW llSas
Pacific siKes OF %
RAILROAD BoSps-Fairly active and
irregular.
STATE BoNDs-lp moderate demand.
SrorI-The market opened generally
firm. and prices advanced / to II per
cent, the latter in Delaware, l.ackawan.
ma and Western, but at the first board
free selling movement WAS developed.
and the Improvement was lost Nash.
vile aud Chattanooga Was exceptionally
weak and broke from 100 Ia ~, rccoy-
,r II 10 81 and closed ai S2!@Sjl The
general market continued weak through.
out the entire afternoon. There were
occasional slight rrcoyeries. but the ten.
dency WAS decidedly downward, and at
the close sharp pressure Ia sell caused
Il serious falling of in prices. The de-
cline from the highcs, point oi the day
ranged from ! to 81 per cent, the latter
in New Jersey Central; Delaware.
Iackawvnna aud Western selling on 8.
per cent. Reading 81, Delaware and
Hudson 3, Pacific Mail Il and Union
Pacific p. The market closed weak and
in most cases ut the lowest prices of the
dsy.
The Public saws: We have 10 ~ back
10 last October-that is. To anscient his
tory, to find smaller exchanges than
n .., H..
having only five business days, transsc.
tions have not been 10 small either nj
New York or outside Oi this city at any
other time since the Presidential cleo
ton. The story in the street In that the
dullness in business is due to dread Of
an extra session. This story the people
are expected to believe although n most
active business ever known MAS seen
while the late regular session WAS.
In Congress q man cannot
be found who really believes
that as mischieyous things will be- done
by the new Congress, in spscial session,
as MAS done by the late conyocation of
defeated incapables.
A lcss absurd explanation IN that
business in many oi the northwestern
towns has been seriously interrupted by
storms, and II Is true tins accounts for u
considerable decline in the volume of
exchanges, not only in the Western
cities. but In the Eastern commeseial
centres, " tn which they deal larIoiy.
The truth Is, however, that the certain
pause in business and tie decrease in
payments are usually inst before
al Of A
ing many and large payments to make
alter the lst, corporations and indiyid-
uals are apt 10 make as lew payments or
purchases as possible just before that
date. The following shows the amount
OF exchanges during the weeks ending
at San Francisco March 18th and ai the
other cities March, l9,h: New York,
SSl2, 500. .9Sl Boston, SO 63i. l22; Phila-
delphia, ~ ,b0j, ll5; Chicsgo, $27 1885,.
1888; Cincinnati, SlI,422, ,30J; Baltimore.
Sl3,Ss7l ,33l; NJ. Louis, Sl3.727 .02I;
New Orleans. $lI,74i,9i0; San
Francisco, sS,25s.9s5; Iouisyiii..
$780,, 100; Pittsburgh. sO.O97,Ol5:
Milwaukee, $i,O3I ,592; Providence,
Kansas City, sl,7I5.GO0; Cleveland,
81, 1905; New. Haven, 81, I,O0sN20;
Lowell, $i20, ,80I: Syracuse. f322. .I45,
total, $l,0F.h5i. .lSJ; outside Of Sew
York, $23j, ,0jO,502.
The great centres ol the Wholesale
trade have been more affected. AZ IN
natural, by the interruption al busines
over the extensive regions of the North.
west, than the cities which depend In u
greater degree upon manufacturing
or on trade within q narrow
area. At the same time II would he q
mistake 10 overlook the fact that the
exchanges for th. corresponding week
last year were extraordinarily large.
The money market had just rrcsprd q
severe pinch, a buoysnt feeling prevail.
ed, aud prices were nearly at the high.
est. The theory that history repeats
itself, and that another three months
OF almost continual depression Of prizes
will now begin, though the circnm.
stances are widely different IRON tho,e
OF last March, does not seem 10 hay.
much foundation.
The transactions segregated 4s5,0O0
shares, distributed as follows: Cad.
ada Southern 400, Cleveland, 90
lumbus and IndiGna Central 1000,
delaware, Lackawanna ard Western
$4,000, Delaware and Hud .on 800,
Denver and Ri) Grsnde $40, Eis
1900, Hannii o. and ~ Jo~ph 7,0O,
Iron Mount,in Ii,OO0. ilI,oois Zen.
trsl 1000, Kansas and Texss 3,0jc,
Lake Shore 1900, Louisville sbd sash.
vile 5000, Michigan Central o, ,ODl, Han.
haitian Elevated 5000, Nobii. md
Ohio 100. Northwestern 500. NuI-
vile and Chsttsnooya 1900. Nv Jer.
sey Central 5000, New York CeurIl
1000, Northsrn Pacific 1900, q !, snd
Mississippi 900, Onisrio and We tern
1000, ONO Central 700, Pariac Mail
1000, Reading 5000, 81. Paul Is 600,
81. Paul and Omsba 500, Sniro run.
mel 1000, Texas Pacific lao, Uaioa
Pacific 20S0O, Wabash Prcifc 1000,
Western Union 700. and Cbcsa ,cske
and Ohio 1000.