Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1881-07-20
BUYING AND SELLING.
GENERAL MARKETS BY TELEGRAPH.
Money at 3 TO 81 Per Cent-Govsrn nents
Weak and Lower-fIour Quiet and
firm-wheat Active and
Higher-Hogs Quiet.
FINANCE.
N ew York.

NEW YORK, July l9. - Mossv -
Market closed at 363A per cent. Prime
mercantile paper 3@4 per cent. steri.
ing exchange, bankers bills weak 81
4S3! demand 4S5i.
SILyRR-At London SD per ounce;
bar silver here ll2i; subsidiary silve'
| coin 4 per cent. discount.
GovRRNMESTs-Weak and t(dt per
! cent lower.
s.. Coupons lsSl)
New .-Iu-ts
New
New
Paci1c skies OF
RAILROAD BoNDs-Weak on limited
volume of business.
STATE SECURITIEs-Dull.
STocKs-The market opened with re.
newal ci depression, and before noon
| prices showed decline ranging from 1
20 ;! per cent, 81. Paul, Denver and
Rio Grande, New Jersey Central, North
western. Michigan Central, and Della.
ware. Lackawanna and Western lead
ing the downward movement. To.
ward noon speculation became tirmer
on purchases TO realize profits,
and recovery of to - per cent. took
place, in which Denver and Rio Grande.
st. Paul aud Northwestern were the
most prominent. During the afternoon.
however, there was renewal o! r'"'.
sure to sell, and sharp decline rnsn"i.
prices falling of from ! to ;. per rr',.
Denver and Rio Grande, 81. Paul. Ne,
Jersey Central, Delaware. Lsckasa.n'a
and Western, Northwestern, North"rI
Pacific preferred, Michigan Contra amt
Lake Shore leading. Chicago. EuTi.Ts
ton and Quincy dropped and r"r"E-'-
ell | per cent. Louisville ani w
Albany rose 3 per cent, but later ..sot
the improvement.
From the rOmyi>rria' BuIistiH: There
was oday further decline in the lead
ing speculative stocks OF las per cent.
and at times the excitement ran high.
although at no time was the market IL
the condition at Il panic. The only ad-
dtional fuel added Ia the flame was the
notice that the trunk line railroads had
reduced passenger fares from New York
and Chicago to SO, and that the scalp
ers we're selling the same tickets at
IS ~. aud that the freight rates were, II
possible. more demoralized than ever.
Notwithstanding this ne ews, which should
have depressed the trunk line shares
more ihdu the uiher stocks, they were
better sustained than almost any other,
l.I.r orders - huy having appeared
tnfnu :huu. The iay. The weakes,
stocks were Milwaukee and st. Paul
which 40 l"agcr has a strong pool 10
81 tain it,. Jersey Central, Denver aud
Elo Grandr and Northern Pac iic pre.
ierred. in the last hour Uuiou Pacific.
Centra Pacific, Delaware. Lackaw n IN
aud Western and Southwestern stocks
were given turn by the bears. an6
all declined. The Stock Exchange
traders, known ~ ''scalpers," werc very
active to-day on the bear side, and many
holders OF s:ocSs threw them over. u
" known Oh the other hand tina, somr
oi tie strongest men who specu ate ia
Stu"Ss had sealed their orders - ta."
iarg" amounts and We're Qu et buyers
at every step oi The decline. Tn .Ir
were So good maly orders 10 buy
divid"n paying stocks from a class OF
Outsl' capitalists who never venture
iEtO Wal sire =, except At times OF great
depression. AMI who then buy and take
aWav the stocks Ia hold Tor . recovery.
TrausactiDuS ( 30 900 shares