Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-07-28
FINANCE AND TRADE.
Money at 1 1-2a2 Per Cent-Goyernments
Dull and Steady-stOcks Active-Flour
DulI-Wheat Higher.

| Money at 1 1-2a2 Per Cent-GoTernments
Dull and steady-stocks ActIve-FlOur
DulI-wheat Higher.
New YORK, July 27-Money on call easy,
ranging from IA TO 2 per cent; last loan
at 2 per cent. closing offered at per cent;
prime mercantile paper 5lSa7; sterling
exchange dull and steady at 4Si1fa4S61
| GovERNMENTs-Dull and steady.
! FOurs Registered. ....................l III
| FOurS Coupon. ...............- IIi
Fours-and- a-half Registered. ........ 1909
Fours- and-a-half Coupon. ............lO 1909
| Pacific Skies of '95. ..................ll lilo
] STATss-Dull and steady.
! RAILRoADs-Dull; sales 1926, 600.
SToCKs-The stock market opened the
new week with an active business, for
parallel to which we must go back at least
| two months, but the animation was caused
entirely by heavy pressure TO sell primarily
/ by the bears, but undoubtedly considerable
long stock was thrown over, especially in
Richmond and West Point, and Northern
Pacific preferred, in which several
stop orders were reached and for
which presumably the bears were
| cunning. St Paul and Burlington, how
/ ever, were equally as active, and in Bur
| liugton the bears were specially active.
| The bearish feeling grew stronger toward
the close, when more realizing was done,
and the downward movement, which had
made but slight progress after the first
| half hour, was resumed and further
material losses were sustained over the
entire list The market finally
closed fairly active but heavy to
weak, at the lowest points of
the day. The final changes are all losses,
with the single exception of Sugar. Chica-
go Gas is of ~, Reading rs, Tennessee
| Coal per cent, Richmond and West Point
19S. Sales POI, s15 shares. Quotations
closed bid:
Adams Express, 147; American Express,
| 116 Canada Pacific, so; Central Pacific,
SOlS: Chesapeake and Ohio, 10; do. hrst
preferred, 43; do. second preferred, %;
Chicago and Alton, 12s; Chicago, Burling-
ton and Quincy, 795S; Delaware and Hud-
son, 1858; Delaware, Lackawanna and
Western, 1909; Denver and Rio Grande
preferred, IA; Erie, IS; do preferred,
| As; FIT. Wayne, $50; Illinois Central. SO;
Lake Shore, 1879; Michigan Central, 81;
Minneapolis and st. Louis, 81; do pre-
ferred, II; Missouri Pacific, 64Sl North
ern Pacific, 81 s; 90 preferred, 62ll; North
western, 10314; do preferred 1872; New
mental, 12]<; Pacific Mail, ID; Peoria, De-
catur and Evansville, 16; Pittsburg, $50;
Pullman Palace Car. III; Reading. 27]1;
Rock Island, Il; St. Louis and San
Francisco, =; do preferred, =; do first pro
ferred, -; St. Paul, 20; do preferred
no; St. Paul. Minneapolis and Manitoba,
l02; St. Paul and Omaha, 221x; do pre-
ferred, so; Texas Pacific, III; Union
Pacific, Az; United States Express, Sc;
Western Union, 1913.
The Post says: the break in the stock
market this morning under the attack Of
resolute bear com bination was a perfectly
! logical result Of existing conditions. In a
number Of market specialties, large blocks
of shares have been held for two months or
more by brokers or operators in
expectation of settling at his prices. In
the face of the bullish crop news
the market has obstinately refused TO adj
vance. 1t has become practically impos-
sible to borrow time money on the COZ
lateral in hand The result of the bear
pools experimenting and testing during the
past fortnight WAS the drive of the morning,
which succeeded in dislodging a liberal
supply Of long stock.