Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-01-09
FINANCE AND TRADE.
Money at 3a4 Per Ccnt-Governmenis
Dull and Steady-Stocks Dull-Flour
Quiet and Steady-Wheat Dull.

New YORK, January S-Money on call
easy, ranging from TO per cent; last
loan at per cent. closed offered at 3 per
cent: prime mercantile paper active and
strong. Sterling exchange steady at 1929
a4S6.
The Post says: "The reduction in the
Bank of England rate to-day was probably
a surprise TO some people who thought
themselves well informed as 10 the none
tary situation there. They did not expect
it, because it is pretty well understood that
more gold will have to go TO Germany and
also that the three million pounds due from
the Bank OF France TO the Bank of England
will have TO be paid in less than month.
There are good reasons for expecting that
the present extreme low rates for money in
the open market in London will not con-
tinue Nevertheless the Bank of England
directors are undoubtedly prepared for the
Withdrawals OF gold from Berlin and Paris.
They would not have reduced the rate II
they thought they would be compelled TO
put il up again very soon. On the whole,
il shows a great improvement in the none
tary situation in London.
GovERNMENrs-Dull and ste ady.
Fours Registered. ...................12 100
F'ours Coupons. .....................l2 O
Fours-and-a-half. Registered. .... 1881
Fours-and-a-ha Coupons. ......... .103l4
Pacific Skies OF Va. ...-.............l V'
SrArEs-Dull and steady.
RAILROADs-More active; sales =, 5000
SToCKs-The stock market to-day was
still strong, but there was a waiting dis
position manifested by the local operators
pending the result of the meeting OF the
presidents in this city. The feature Of the
trading, however, was the demand for all
& 10 ha lnfNF
bonds beginning TO join in the
active investment demand. The coal
stocks and the industrials were
features OF the market Sugar Refiner-
les was prominent all day long and strong.
Fluctuations outside of the coalers and
Sugar were slight and while firm tone
prevailed, there was little vim in the mar
ket. Dizziness became the ruling feature
and continued so until the close. There
were strong spots here and there in the
list. however, and no material impression
was made upon prices. The market finally
closed quiet and firm, generally at some
thing better than the opening figures.
Lackawanna is up 35E, Sugar 2$, Delaware
and Hudson IA, Jersey Central "a. Sales
24G02l shares. Quotations closed bid;
Adams Express, f43: American Ex-
press. l12: Canada Pacific. %; Central
Pacific, 2s; Chesapeake and Ohio, lS2i; do
first preferred, a.; do second preferred,
81; Chicago and Alton, lbs; Chicago,
Burlington and Quincy, 90b Delaware
and Hudson, 1876: Delaware, Lackawanna
and Western, 1875 Denver and Rio Grande
1881; Erie. 1919; do preferred 49,; Fl.
Wayne, rs; Illinois Central. ISL: Lake
Shore. 1925 Michigan Central, 90; Min
neapolis and St. Louis. AZ; do. preferred,
1917: Missouri Pacific G2jS: Northern Paci-
fc. 93JS do. preferred. G's{; Northwest
ern, 1861 do preferred, 49,; New York Cen
trail. l03; Oregon Transcontinental, l5ss
Pacific Mail. 3i%; Peoria, Decatur and
Evansville, l4si Pittsburc, l4sig Pullman
Palace Car, ls6; Reading, S49s Rock Island
69l5 St Louis and San Francisco, -; do.
preferred. -; do. first preferred, SO; st.
Paul, seq; do preferred lO6; St. Paul,
Minneapolis and Manitoba. 1903; St, Faul
and Omaha, 23lE do preferred, 20; Texas
Pacific, l45S; Union Pacific, 10; United
States Express. 6S: Western Union. "t9.