Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1886-12-15

active at y to % per cent, closing at -
bid; prime mercantile paper 4a5c; sterling
exchange quiet but steady and unchanged.
GovERNMENTs-Dull and steady.
Threes
Fours OupOn
Foursand-a-half Ex-Interest
Pacific Skies CT lsg5 Ex-lnterest.""-"..-"".lE47s
STATEs-Dull and steady.
RAILROADs-Moderately active; sales
S1,375, 900.
SToCKs-The stock market gave promise
OF some improvement in the early hours,
but was feverish and unsettled to a large
extent, although quotations advanced later.
The bidding up o fmoney to an extremely
high rate offered another opportunity
to the bears to vigorously raise
prices, and a decided slump, bordering
ON o panic, was the effect in the last hour.
In the morning there was some improve
ment in Jersey Central, on the announce
ment that the Baltimore and Ohio was
now using the road under the contract,
and the stocks bought by the foreign peo-
pie were prominently strong, including
Reading, Erie and Louisville
and Nashville. The Boston party
threw New England upon
the market in large amounts when it be-
came apparent that the control would pass
into the hands of the New York party.
The opening was active, and strong al
though there was an absence of the usual
rush AT that time of day. The advances
over last evenings final figures ranged
from to &c. After some slight hesitation
an advance occurred, covering the greater
part of the first hour. New England broke
badly, however, and in many cases under
its influence the early gains were lost.
Toward noon the upward movement was
resumed, and at that time fractional adj
vances were general throughout the list. In
the afternoon, however, a general decline
took place, the Southern stocks leading,
which was checked before = p. N. A
fractional rally was followed by renewed
weakness, andin the last hour the decline
became u semi panic. About One-third OF
the entire days business was transacted in
the last ~forty-five minutes, and the
market closed very active and weak
at the lowest prices of the day.
Final prices showed material declines
throughout and Chattanooga leads with a
decline of:22! per cent, Tennessee Coal %,
New England 81, Norfolk and Western
preferred 81, Louisville and Nashville 81,
West Point 81, Canada Southern %, Read
ing .. Transactions 57O,4 44 shares.
Quotations closed bid as follows:
Adams Express 1877; American Express
LOG; Canada Pacific est; Central Pacific
46; Chesapeake and Ohio 8; do preferred,
firSts Is; do seconds II; Chicago and AL
ton, 1I2; do preferred 100; Chicago, Bur-
lington and Quincy 1851; Delaware and
Hudson, 1913; Del. Lack'a and West 1871;
Denver and Rio Grande, 80; Erie 49,;
do preferred "A; TT. Wayne, 144; Illinois
Central, 1870; Lake Shore, 94!; Michigan
Central SO; Minneapolis and st. Louis, 10;
do preferred, AL; Missouri Pacific, llO!;
Northern Pacific, 27!; do preferred, 62s;
Chicago and Northwestern, 113s; do
preferred, 1891; New York Central 1l35;
Oregon Transcontinental, 80; Pacific
Mail, 51f; Panama, 50; Peoria, D. & E.
29!; P~ittsburg, l4S; Pullman Palace
Car $40; Reading, 425; Rock
Island, 1861; st. Louis and San Francisco,
30! do preferred, 644s. do first preferred,
ia; st. Paul, Minneapolis and Minnesota,
rs; st Paul and Omaha 49f do preferred
l12t; Texas Pacific, 214; Union Pacific,
62!; United States Express, G4E; Western
Union Telegraph III.