The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-02-10

AnAirS on wall Street-stoek aud Rail.
road GStes.

NEW YoRK, February "a prominent
stock operator is said TO have been given
this weeks time in which to secure certain
line Of stocks The decline yesterday af
ternoon, although founded on cable dis.
patches, was caused by manipulation. The
sales Of stock were entirely out Of proper.
non TO the hammering, and there were un.
mistakable evidences Of washing. There
was very good buying at the decline, al.
thongt It Is not improbable that the market
will be depressed at every opportunity tliis
week. A good many people believe the
pull market will set In next week. The
harmoniEing process going on between
individuals and corporations indicates
that the bull movement will be one Of
strength. Parties supposed to have Gould's
information, say the combination to In.
elude the Wabash, Missouri Pacific, Texas
Pacific and perhaps other roads, & deyel.
oping we'll.
Traders in the Chesapeake L Ohio see
signs OF advance in the securities OF the
road A traffic agreement between the
chesapeake & Ohio and the Illinois Central
company issaid TO be under consideration
by the Chesapeake & Ohio. It desires, It Is
said, the use Of the Chicago, 81. Louis &
New Orleans Road between St. Louis and
New Orleans.
Tennessee skies, old, sold down to 81,
and new B09 on unfavorable dispatches
from Nashville concerning the coming de.
elslon OF court on the funding bill.
NEw YoRE, February 9-At a meeting
OF the bondholders of the G. C. & |. O.
Railroad Company to-day a committee,
comprising q majority OF the interest
bonds, presented plan for the settlement
Of the matters in dispute between the
above company and the 7. G, & St. L.
Railroad Company and the PENNSYLVANIA
railroad Company, lessees and guarantees
respectively OF the Q. @. & |. G. Railroad
Company. The agreements calls for the
releasing OF the consolidated mortgage Of
the y. Q. 4 !. @. Railroad Company, the
selling OF the property covered by it, which
IS TO- be bought in by some person, who
shall be bound by an agreement. The
purchaser Is to form new corporation
with capital OF Sl0OOO,OOO OF common
stock and 10000 900 preferred stock. The
dividends on the latter, II earned to be six
per cent per annum, payable semi-annual-
" IN preference TO the dividends on the
common stock, and to be cumulative.
Finally, the agreement is to be null and
void unless ratified by two.thirds in the
interest Of the b0ndholllers Of the c. C. &
|. G. Railroad Company, and either Of the
companies shall have tie option 10 annul
this agreement II It is not ratified by the
bondholders Of the G G. & l. c. Railroad
Company before the 18th OF February.
CHICAGO, February 9.-It is reported in
this city that the Chicago, Burlington and
Quincy Railroad has leased or is about 10
lease, the Denver and Rio Grande road. II
this proves 10 be q fact 1t will be serious
blow to Gould, who has been making
strenuous efforts for some time past to de-
prive the Burlington and Atckison, To.
peka and Santa Fe Of direct outlets to the
Pacific coast. This virtual consolidation OF
the Burlington, Atchison and Topeka, and
Santa Fe and Rio Grande roads will form
combination that would control nearly all
the Rocky Mountain business.
NEw YoRE, February 9.-Wm. R. Pres.
ton 4 Co., operators in grain and cotton,
and long" in both articles, are reported
suspended.