The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-08-01
slsAN0IAL AND oonnenolAL.


y NaA4
NEW YoRK, July 80. -AoSET-AaFkG
easy at 2KaS per cent Prime msrcautil
paper Sal per cent. Sterling E1chaSEs banl
en- bills dull at n s9K; demand n Sax.
aovERHMESF BOuDs-Quist and general.
steady,
u.A, 4, s1tsndsd.-l2HlU g. q, extended ,le2
~, coupon! ...,..,--- tIAN ~ eOuPoni,.'.- --.-,lle1
Pasiae q o. 'SS,-.-,,,lSo
RAILRoAp BoHDs-Chssapsake 4 Ohio cur
rency Eixes advanced to SIX from sex, Tsxa
4 Pacific land grant incomes TO 81 from 50
Oregon Navigation HntS from los TO ITO; ohit
Central incomes advanced to So from 66k, anC
Chesapeake d Ohio hrsts tsSFisl b. to IS from
s7h,
NlIsuI Slr~r~,r-s,ll! VLlSinIa COuIalI, Il.
= So.:Ps; ;'''""''-JMT v %aIIIed SS0pSa'" y
T:asS,.ss e. s;i ,SST. % |6a:Tsd fN'''4'
srocKs-opened irregular but in the main
arm. aud after 4 iliHht decline In the early
dealings the entire market took AZ upward
turn and at noon prices allowed an advance
ranging from x 10 81 per cent, the latter
Memphis L Charleston; Missouri Pacific
Texas Pacific, the Granger and Coal shares
Pacific Mail and Trunk line properties being
prominent In the Improvement During the
afternoon th4re were occasional reactions, bul
the higher range OF quotations was fairly well
maintained up 70 thS close OF business While
In the late dealings Northern Pacific preferred
was notably strong and advanced 2K per cent,
Cincinnati, sandusEy 4 Cleveland ross 8 pei
cent. Hannibal 4 st, Joe common fell of
and preferred advanced 2 per cent
During the waek railroad and miAcellAneoul
speculation was influenced largely by the
tenor OF the dispatches from Washington
regarding the condition OF the President and
the conflicting reports about the trunk line
war and crop prospects,. The sharp rise TO-
Wardsthe close was stimulated by the lmprev,
cd condition OF the Pr sident The enormous
purchases Of stocks 70 cover short contracts
The shifting OF o number OF Spectators from
bear 10 bull side; the Fumored negotiations
for the settlement OF the railroad difficulties
and the large purchases OF Lake Shore hVes
and other trunk line shares were attributed 10
Vanderbilt and his friends Western Union
Telegraph Company has earned. It Is said,
One.hali OF lis next quarterly dividend.
At the Produce Exchange here to-day
wheat closed fairly active and strong at about
| per cent advance. Corn closed frm and IA
u per cent higher, and oats closed strong At
HalN per cent advance.
The Graphic says; president Mitchell, oil
the St Paul read, telegraphs here regarding
crops In the Northwest that the slight de-
crease In yield As compared with last year 10
more than offset by the increased acreage
soWn, We have adVices to-day from authen-
tic sources In Chicago 10 the effect that while
tbs outlook On the line Of chicago, Burlington
4 Quincy road for wheat Is Rs bad as has been
reported, the corn crop will DO very large II
thtre Is 10 ir,st The crops along the 81, Paul
and Northwestern roads promise tairly,
'NeXtto rate cutting the crop prospects are
influencing the marEStS bile accountaot the
wheat produ ton are conflicting, the general
impression Is that II will m~easuraNly fall be.
low that Of last wear, Upont III s belief a strong
pool has been formed to bull the price Of
wheat, and II has accordingly been advanced
10 high figures, with predictions Of still higher
prices u come. The bears, however, express
the opinion that the farmers will not be infu-
enCed by predictions u higher prices for Sep.
TENDER, but will get their Wheatto market as
early Is pc. sible, because they say the August
wheat Is cSrnered, aud the farmers will take
advantage OF such a state OF affairs"
Transactions al, OU0 shares