Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1886-12-01

Heavy-StocEs Active-fIour Steady and
Unchansed-wheat Lower.
NEW YORK. November 30.-Money on call
active az 5aIO per cent, closing Mt . per
cent asked; prime mercantile paper 4a5ci
sterling exchange dull but steady and I'M
changed
GovERNMENTs-Dull and heavy.
Threes
Fours Coupons
Pacific Skies of
SrATEs-Quiet and firm.
RATLROADs-Less active; sales s., 58l,-
900.
SToCKs-TO-day was another extraordi-
nary day at the Stock Exchange, the re-
corded transactions running up beyond
anything ever known before. There was
great excitement and prices rose rap
idly in the morning, but the adj
vance eliminated shortly after noon,
when something very like stampede oc-
Cured. Prices fiuctuated violently and
the transactions were simply enormous.
Reading was again the most important on
the list and its sales exceeded even Satur-
days large total. The street believes that
large interests, including London, have
been caught short Ofthis stock and though
heavy purchases have been made for
both sides of the account, ii Is thought
that the outstanding short interest is still
very large. The other coal stocks espec-
tally jersey Central, were features OF the
day. The latter was advanced in the morn
ing upon the renewed csnfidencs that the
Baltimore and Ohio would carry out its
contract. The southwestern stocks, par
ticularly Texas Pacific and Kansas
and Texas, attracted much at
tention and Western Union was
very largely traded in. Union Pacific
was the next favOrite after Reading upon
rumors from Washington of favorable de-
velOpements to the company. The open
ing was strong, first prices generally show
ing advances over last evenings closing
figures of from / TO J. Business was ex-
tremely active, but prices sagged off
a little in the early trad
ing, New England being specially
weak. The entire market, however, soon
became strong Jersey Central and Union
Pacific making the largest advances. Read
ing became suddenly more active and
strong after Il o'clock, but the upward
movement eliminated before p. III. and q
decline followed in which all the strong
stocks of the morning were noticeable
A practical rally was followed by another
decided break in the last hour and the
market finally closed on rally, feverish,
excited and irregular. Notwithstanding
the large advance for the day up
20 4 IN
a single one on the active list
records net advance for the entire day.
Chattanooga, however, is up 3 per cent,
Richmond and West Point lost 5, Michigan
Central and Delaware and Hudson Il,
Reading Il, New England and Hooking
Valley each ID Canada Southern and Nor
folk and Western each l |, Lake Shore and
Western Union each l. Transactions
9Ol, SSl, shares, Reading furnishing so, 49,
Quotations closed bid us follows:
Adams Express 1876; American Express
1913; Canada Pacific 60; Central Pacific
40; Chesapeake and Ohio 9; do preferred,
firsts IL; do seconds IL! Chicago and AL
ton, 142; do preferred 100; Chicago, Bur
lington and Quincy 1873; Delaware and
Hudson, 1919; Del. Lack'a and West l4l3
Denver and Rio Grande, 3ib; Erie 31S;
do preferred 762; FIT. Wayne, 144; Illinois
Central, 1872; Lake Shore, 9Sl; Michigan
Central 95! Minneapolis and st. Louis, %!
do preferred, 4Si; Missouri Pacific, ISL ;
Northern Pacific, 255; do preferred, 63i
Chicago and Northwestern, 1l9; do pre-
erred, 14O1; New York Central 1l4s;
Oregon TranscOntinental, &c.; Pacific
Mail, 54s; Panama, 90; Peoria, d. x E.
33i; Pittsburg, 148; Pullman Palace
Car 141?; Reading, 49!; Rock
Island, 127; st. Louis and San Franisco,
33I do preferred, 69!; do first preferred,
115; st. Paul, Minneapolis and Minnesota,
lis; st Paul and Omaha So do preferred
l14l; Texas Pacific, 2G!; Union Pacific,
63}; United States Express, 63!; Western
Union Telegraph 7SS.