Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1881-01-20
GovKRSxHNn Quiet but generally

Il S~'e.-s-NA~ SsNs Ses
firm.
RAILROAD BoSDs-Indiana. Decatur
and Springfield second income al.
vsnced to 90 from 5s, and fell to 80;
Rome, Watertown and Ogdensbuig
tirsts advanced TO 95 from 82i; New
York Central and Hudson coupon tirsts
to l3i from l3ai: do seconds to ll2 from
10; Oregon Navigation flrsts 10 los from
l07; Iron Mountain first preferred in
come 20 9Gl from rs; lake Erie AMI
Western income TO got from 50, closing
nj 90; Iron Mountain second preferred
income to 81 from SO, closing at SCI;
Ohio Central income TO 62i from 81, AMI
then iell to 62; Chesapeake and OHIO
currency Is declined TO ~ from al clos
ing at I9l; Wabash genera. mortssgs Is
to A. from 50; &. Z. 4 l. y. income to
12i from II. then r'ooyered TO 1Si, clos.
ing at 73, aud Mobile and Ohio new
mortgage ds to los from ITO.
STATE BoSDs-Dull.
STocKs-The market opened strong
and t9o! per cent. higher, the latter in
| American Union. Subsequently prices
reacted !@li per cent, but at the frat
board speculation became strong, and
under brisk purchases, an advance
ranging from Yes per cent. was record.
| ed, in which ~. Panl and Omaha pre-
ferred, Union Pacific, Hannibal and 81.
Joseph, Pacific Mail and Delaware and
Hudson were the most prominent. This
Was followed by reaction oi its2t pcr
cent, but during the afternoon the mat
ket again took an upward turn, and un,
der heavy purchases, an advance oi .@
4. per cent. took place, Union Pacific,
the telegraph shares, the grsngsrs, Chi.
cago, 81. Louis and New Orleans and
the Trunk line stocks leading
the upward movement. The highest
prices to-day were generally cnrrant IN
the final salcs, the market closing
strong amid much excitement The III.
rectors Of the Hannibal AMI st. Jno
Railroad I, day resolved Ia submit
proposition Ia their stockholders In issue
a consolidated board OF $s,0OO,o00 0n
their 306 miles OF road io take up all out
standing issues. The bond will bcnr d
per cent. interest aud run thirty years.
This will result in saving oi sl7i,0D
in Interest yearly, and the INCOME ot he
anil depar m' Mt will . n pplir be
I'd lIvidenJs. Both tho ,y,nu,,ni and pis-
teIrcd stock were very active and s.rong;
on this action the sharp rise in ~. PHuI
and Omaha preferred ani tie
sympathetic advance In common
stock was due to tho large
earnings and prospect Of the roai being
eventually absorbed into the Chicas"
and Northwestern system. The latest
ramor in regard 10 the Chicago and
Alton il that that company will declare
bond dividend, probably "a per cent.
The Chicago and Rock Island earnings
| for the first eight months of the fiscal
year Of the company were at the rate oi
| over l2 per cent. per ankuma and move.
ment is on foot for increasing the dlyi.
| dcndB. The active demand for coal anil
the improved demand for pig iron and
rails, in connection with the scarcity oi
coal in the West. are the general causes
at work in advancing the anthracite coal
| shares, but in the care of the Delaware,
Iackawana and Western reports about
the rapid construction al the Buffalo
extension are quite patent. The con-
tinued upward movement oi Illinois
Centrsl, IL due to the veil authenticated
report OF an increase in the rate oi diyi.
dends in future. The Northern Pacific
preferred shares will soon h. placeI on
the London Stock Exchange aud the
floating supply Of stock here Is being
gradually picked mp for trsnsmission
abroad. Some Of the low priced stocks
like Cedar Falls and Minneso'a Rome,
Water,own aud Ogdensbnrg, ,Pittburgb,
Titusvillc and Buffalo, Marietta AMI
Cincinnati, and keokuk an Dies
Moines, came tD the front and were con.
spicnous in the dealings. The advance
in Union Pacific TO the hlghest point
ever attained grew out oi the preseDce
here OF some OF the Eastern
directors and reports that the shsm.
Of increasing tile capital stock, paying
II IN government bonds and making n
scrip dividend is likely 70 90 through.
The activity aud advance IN Western
Union, Atlantic and Pacific sni Amer
can Union telegraph shares Was caused
by reports thst the COMO idation s,hi ~"
would receive iavor.b'e consideration
at the Directors meeting ~ the Western
Union. News Of the ratification did not
reach the street tll after the close 81
business. and the following action taken
10y the Union Pacific Directors VAS not
known when the exchange closed. Al
n meeting of the Directors Of the Union
Pacific Railroad Company n day u was
unanimously y sgreed tO increase the ,spi.
tai stock TO $40 OOO, 600, tn he offered Ia
the stockholders Of the record of f.bru-
ary q at par in proportion IL one share
Of new 10 FIVE of old. This stock IL
Issued Cor the purpose oi providing
money f~ extensions and Tor Increasing
the facilities required by the growing
/ Il A.. IFnI.S sIx ..I.,
Of the consolidation of the three tslt-
graph compinies $i5, 900 600 In "trip is
~ be divided among the Western Union
shareholder, The plan is 10 be sub
mitted to meSsing oi the stockholders
February leai.S
|. An Ottaws dispatch ssys: Sir John
Macdonald has made the announcement
that his goverpment proposed standing
by the original CahadA Pacific rsilrosi
contract, and IL 10 likely that II viii In
passed this week by tie Canadian Tar.
lament
The earnings oi L ,uisvilIe and Nnt.
vile incrrased 5000 for the second
week in January.s
The transactions on the Stock EI.
change agyretAasd Coz, 900 shares. ri
which 5000 were American Union, 1000
A. d p. Telegraph, 5000 Chicago, Bar-
.ineton and Quincy, 1000 q. q. q q J.,
4,oyO q. G. d I. g., li,00a Canada south.
ern, $500 Genital Pacific, 7.400 Chicsgo,
81 Louis and Hsv Oflesns, 5000 Drls.
wsre, LAckawhnna and Western, 1900
Delaware and HudsJu, 4, 500 Denver and
Rio Graode, ~ 600 Erie, q. 900 Hannibsl
and ~. Joe, 500 Iron Mountain, 800
IIlin0is Central, ] 900 Ksnsas and TeIss,
$4,000 Lake Shore, 1000 Ere and West
% Hieh..s ss';sss c.a.:. '9s ss s;;s'ls :.,.,;:
and Cineisnsti 6rs pr,isYfsd, I,"c"
Northvssessn, ~ 900 sSUy j palm oe
tral, 1850 Eex.ocG ana trI. vSaeh b
Ho9thesn PsriSa.p sa s.es eoeaA
| siooi. 3sr.. 1nteFnal Beyenue
P:a1s s;s;.s. .,si b :; Z. !.;::s.a ;:ss:s - <
uaS.. ve.n As,. a1ss.s GuesTS