The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-05-16

EEw YoaK. May lb.-Money market active and
rates advanced hsH percent pc, diem, Prime
change hanfesS bills weak at q sias 50; demand
81 SSa4 81. '6s. W.
y. {. Ss:.".-..."-lgoAlu. 8. new H."......~"lls1t
o. 8. 4ks, coupons."lllAl ST. 0sI...i. i.
STATE sEcuairlEs-Dull and nominal.
Pacific O. OF '0S...-.l2) Tex. rae land gf'H. 40
Central Pacific drs.s-ilO do Rio Grailn div. 6tH
Hrc seconda........ 7. bonds ftEt...--ll SA
Iehish & wilses.~-leslH Y, +. Land G,snts."IG1
k aSssf, ssn.o sIIst ss 'ana'
81, JOSoph.............-li0 Virginia consols OF.
3. =, Il i. O. Erss...llb ira mat. COUPONS. SOY
T Tsnns.sS Sd now v tSsss. a''ctd~ ~
sIocKs--There was much better feeling In Stock
Exchange circles carly III ,hoday due TO the action
OF the Clearing lIouss snd to tho resumption OF tho
METROPOLITAN Bank. Ptlccs opened Lao perccnt
higher, the latter Michigan ccntml, which sold up
OIL. shortly after tho opening atlightly weaker
feeling prevailed, owing 70 the announcement Of
the failure Of A. ". Dimmck d Co.
This was succeeded by strong buying for foreign
proyement Canadian Pacific rose percent TO u Cen.
ral Pacific ~ to Az Chic igo, Burlington 4 Quincy
IN TO no, Northwestern 10 llb, prefsritdbh TO
lSO>S, LlCstwanna . 10 ll3, Lake Shore 21s 10 p!H
M0 Sew r's Yott e tents T. TO iiS Ss,tnstS
Pacific preferred bA to 40. Oregon Il TtAnSconti'
nental " 10 w, Pacific Mail $40 80, Omaha Pre-.
fsrrd to VI Texas Pacific ~ 10 u, Union
At tho clearing house tho new certificates were
ready Tor delIyrryAt M early hour and tho bAuss
awaited themselves to the extent Of 0t0. The
| resumption Of tho Metropolitan bank also had a
very favorable edect, inasmuch AZ 1t completely
se at rct oil fears that the suspension WTs Of tho
Marine Bank characters. buying for European nc.
count was tho special feature OF tho market, and
every house with foreign connections had liberal
orders for purchases. At tines during the day,
| when the market Jagged thGsi purchA ers turned
the course OF speculation. The extent Of his fo,-
uign buying movement was plainly shown by thp
oeign exchanges that there wss larger supp1y Of
bills III Al 10, long time, and tbs pressure 10 sell
caused Il sharp decline In the rates Twice during
tina day prime drawers reduced their rate, and the
last time to- isGh and 4Sh. The high rates o!
money ut this centre Attracted foreign capital and
the leading Elslih and German Institutions tee
gtaphed 10 their agents here TO draw OIL them for
| auy amount. III consequences Of this pressure TO
| sell the cables were heavy sud sales were made
| down 10 4SGt4, and the buying Of stock. for home
account was also yc'y large Tho DtOkCfs office 10.
lug crowded with investors. This III usually the
case nl!cr a disturbance like tn, past few days
Stocks 80 biught II should be understood arc paid
for In full and taken out OIL the street. Il. .I.7
This operation. aside from reducing tho amount
OF stocks Will be carried Oh. The street brings in
so much fresh capital TO a:d the !aoney market In.
had al important influence In the direction Of I'M
proveMc6t. Speculation Was N!r0ps until near
O'Clock when report was circulated that there
| had been dedication III the Louisville Il Nash.
|
den!ed and denounced as ialsc all stories oil DEAL
cation or other irregularities In the compAnys lnnn.
ces. II was alto rumorcd that leading stock house
IN Wall stre,t was III trouble, but TIL, was proyen
as untrue as ihe Louisville & Nashville story.
Again purchases for tore!gn account turned spe:u.
ldion and the market became nrm. Jus, before
tho close the suspension Il Fisk h Hatch was
announced aud tho market told oil 8 percent for
Centtal Pacific, 4 for Pacific Mall, and Es2 percent
for other active shares. These wcro evidences OF
strolr support III the tlhnl dealings.
| Compltei wi Ii last nj .hts clcsiug. prices arc
percent higher for Michigan Central, TX percent
for Canada Southern. 3 for orthwcs:Grn preferred
VI for s.. Paul, ~ for pre- cricd. ~ fos Rock
Island, for EelawsiG 4 Hudson. TX for l.aciawau
ia, fur ucave:. for Missouri Pacinc. ~ for New
York Central, ~ for Northern Pacific. i0r prefer
red, az for Unans prtie.rGd, ~ fJr Uvion racHc
l55S for Wabash. IL i1r preferred aud ~ for West
err Union. Lake shura IL lS percent 10 YER Louis
Vile Il Nashville ~, md Pacific Malls lower and
Pacific incomes 2 TO is, Central l,Wa, eastern diyi
sion, S% 10 ~, Kansas Il Texas conEola 10 lOiM
Union Pacific Land Grants IL to lt6. Kansas
Texas generals broke to TO- rallcI to u and closrt
at 7U%: Richmond & Danvllc Is rose from 20 " IS
RGck Island LIST X to IL; st. Paul, tOuthrn Mime
SOFA division, 10: Manhattan cOntOls 10 lC6
Wabash generals 2 TO 40.
l. TINuSAC,loCs 47i co ,hatCs