The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1883-08-14
FINANCIAL AMP CoMmERcIAL.



NEW YoaK August y. ---K Opey rose 10 Gp0r cent
bid at the close Thi. advance is due 10 tho shift
Ing OF loans incidental TO the ltquldAtlons now
going oil. Prime mercantile paper 6a6 per cont.
GovEasMisfs-Lowcr for IS andAIfE
u.s. o., extent .lg9lts: +. IS. g. Gnts"-ii4
y. s. Ks, coupons 9. bonds. lists '"iiIa
Y. 8. a, coupons. nsHlu. Land Gfanu."!0yN
Central Pacific hsts. Il Tel. PAe. land Gr'ts. 81
Etie seconds........... 92 lido Rio Grand dlv.". 70
Lehlgh & Wilkes. ."-loSHl
RAILROAD BoHps-A fraction better for some
issues.
STATE sEcuRrTlEs-Dull.
aissoaii 10 Wilma consois es
tennessee tennessee e. new. SKI IL. div
sToCKs-The market opened very nervous and
from 4alx per cent lower than the closing prices
Saturday,. There was ali Immediate and active
selling pyA good many holders Of long STOCK ~
well - by bears, aud In the st tnlrtl five mInu g.
d further dtcline ranged from sS o3x per cent
tee latter on oaahA common TO S1H Fol the next
fifteen minutes there was ilrmcr feeling and
there was All upward reaction Of AalM per cent,
the latter " eStern Un!Ou 10 n.
Pat Of this recovery, y 10 u Per cent, the latter
on Jersey Central R4c OleEOA d. TrAlls.COntinen'
tai however, was lost In the next twenty MINUTES,
a. 1880 o.. ! ok anu honlC stocks were run up 10
the opening prices OF the day. viz: LRckGwAlua,
Western Union, 81. Paul. Reading, N0w York
Central Missouri Pacific Cana IA PAtint and Denver
stocEs wsre lower than toe opening prices, and al
stocks On tue list werd bel " the ClOSlng prices oil
Saturday Ira sactlOns VI the hTSt Ii tis ana a
half agEreg tied 2iU 0v shares. Alter IL 70 O'Clock
savage attack was made Oh the mErEeI force, Will Il
was directed ag-iu.t Oregon d TfAnt,s on'lnenIal
which WAS steRiily hammered by sales OF about
Il, COO shares ION On. Ut 1880 down 10 % al
AOout 1870 O'Clock, but ON which II rapidly re
acted by o., LOCK u ". outside OF this stock tht
decline In the hour 10 80 o'clock was " 10 3k pei
cent the ltttef Central PAcldc 10 GkS, Richmond
ferTed per cent aud 81. Paul 10 SiJs, a d X PEI
cent on OreRon s. Trans ontiIcntAl Betw, GU .;8I
and $40 o'cl lex there WhS recovery oil u 70 pc
cent the latter on Northwestern 10 I2l, but this re
coyery was lost before the close, which, however
was irmer in the final dealings, Denver sold atSl
29IS and 20Ls, Lake Shore and New 70 Contra
were almost the only stocks that were very trim
At the close Manitoba was very week and declineC
from l07k TO l0S7E, tue last prlce belDg 100.
The suspension OF the comml sion stock broke
age house OF cecil, WaId & 20. was announcer or
Stock Exchange about $50. member OF thu
rrm states that the liabilities are between tG00.t
and si0, 900.
days, has unqueStiOnabiy been brought abOu
mAiuly by the efforts on the part OF Interested par
ties " create an alarm about the general situation
OF railroad finances Failures oil mcIoanIile house,
aud bauKs III vartG us pats Of the county, had uD
doubleday incteAed the teIibg Of dlstrusL that ha
been prevalent for three months, aud thee cTcum
st ,nctS would probably have caused grRduGl de.
cline In the prices lai stocks any how, but the ru
mos referred TO have precipiLa,eda decline.
The following letter was received this mornlug
from Mr.. Willard, president Of the Northern Pacific
and explains Itself:
no The Editor of he EreRtnI Posi-!