Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1885-04-14

per cent. frlMo moICanuIo PoP0t 1SO
per cent. Foreign exchange quiet but
| rates have advanced to 485f@487 for &C.
| tual business, being a gain of / for short,
and / for 60 day bills.
GoyERNMENTs-Quiet and unchanged IN
quotations, except an advance OF IN IS, at
which there was q sale late this afternoon.
Fouu and-s-hali sxtendsd.-..----.--''.'...--iaZs
Fous iai
Pacific Skies Of 1ss6.-....... see. .-...--'....'--"lH
STATE SEC-RGrIEs-Quiet and prices
steady.
RIILwoAD BoNDs-Not very active.
SroCEs-At the opening Of the Stock
| Exchange this morning there was q rush oy
the shorts to cover, as well as BY the bulls to
| inc ease their holdings, and first prices were
generally / to J per cent. higher than they
| closed on Saturday. Early transactions
we're accompanied by unusual excitemen'
| and a further advance in prices; generally,
| however, for fractional amounts.
The news from Europe was
| interpreted as indicating that war was IN
! eyitable. This was further confirmed by
decline in British %consols, as reported here
TO be 94B, fall of { from the closing prizes
of last week. Early dealings gave promise
of an extremely active and excited ma XII
for the day and in the first hour the tota
sales were over 100000 shares, but
before ii o'clock, without any apparent
reason for q change, the market a sum ID a
much more quiet tone and quotations be-
vau to weaken. After the first hour until
the close at 3 o'clock there was not a single
feature of special interest. The market
finally closed at prices which are irregular
as compared with the closing prices last
week, but generally within a small fraction
of those figures for the most active stocks.
The total sales for the day were 1870
shares.
There was some very curious manlpula'
lions of Mutual Union Telegraph stock to-
day, which has already become the su6l'ct
of investigation by the Governor. When
the Mutual Union Telegraph passed under
the control of the Western Union an agree
ment was made by which the stock OF
Mutual Union should be exchanged for
those of a new company known as the New
York Union. Nearly all of the stock has
been so changed for the latter company.
Il appesrs some one inside discovered the
fact that a small amount Of Mutual Union
stock still remained unchanged and upon
such information a shrewd out OF town
speculator opened numerous accounts with
brokerage houses on small margins, and on
Saturday telegraphed to each house to sell
100 shares Of Mutual Union, that the
stock had beeu forwarded by express and
would be here in time to make the delivery
here to-day. Unfortunately for the brokers
who sold the stock did not arrive to-
day, and in their efforts to buy
the stock for delivery the
price was run up from III to 81. There
we're only 200 shares sold at the latter
figure and 200 at 80, which was subse-
o9ently cancelled, when President Simmons
Of the Stock Exchange suspended all deal
ipgs in the stock pending an investigation.
The Committee on Stock List met at 3
o'clock, but after a session of nearly three
hours adjourned without coming to a con-
c~lusion. A meeting Of the Governing Com
mittee will be held tomorrow. 1t is under.
stood 800 shares were sold on Saturday, and
il is charged that fraud was attempted by
the parties who sold them and who it Is be-
iieyed controlled all outstanding stock.
Ia ONA