The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1892-03-04
TI:ADE.
Tho Feature, of the Money and Stock
Markets.

Tho Features OF tho Money and Stock
Markets.
NEW YoRK. March a.-Money on call easy ut
lka2 per cont; Inst loan 2 per cont: closed Of.
iCrGd al . per cent. Prime mercantile paper
ia6 per cent. Sterling exchange quiet but stendy
mt 1851 for sixty days and ASH for demand.
Sales Of stocks 6gi,l2i shares.
While the operations In the stock mnrkc, to.
day extended the usual number OF stocks, tho
market wnS nurtOwcr thAn for Eome time,
although tho amount OF business done was very
large mud especially during the forenoon. The
temper however, waS In tho mHln llrm and adj
vRnc0S scored during the forenoon wero only
partially lOst later In the day, though the great
majority OF tho stocks wctu traded In through.
out within very nnrrOw limits. Tho great lea.
turo OF the day operations was tho GHtraOrdln.
airy activity III Now England, tho excitement In
which for tho ilrst hour was most intense. The
crowd OF brokers, gathered u, tho opening to
trade III the stock, comprised over One.hnli
the mGnbcrH present and extended the whole
width OF the exchange. Tho rumorS circulated
last evening, connecting the NnndeiOllS with
stock this morning, and while there was lively
bidding NJ the opening Gnd the stock sold NJ
different prices from 81 10 80 on different sides
Of the crowd, the rCalizat!ons were SO heavy
TINT II rapidly retired 10 81 before the selling
pressure was relieved, Al 80 II wH' "a per cent
higher than ut thu close last evening, aud at 81
II was down " per cent, md while II rallied
from this point 10 hH II sold between GAnd ~
for the remainder OF the day, Denials Of tho
stories circulated were received from tho GRIND
Central depot, md after $4,000 shares had
changed hunds In tho first hour, over 5000 Of
which weru sold during the first fifteen minutes,
the stock gradually settled down 10 something
like ordinary animation, BE-.
Tho most prominent feature OF the market ont
Side OF New England were the Vanderbilt stocks,
which displayed considerable activity md
strength, Lake Shore alone being . per cent nboye
It's illnl figure OF yesterday. Northwestern was
included In this group, and burlington 4 Rock
Island scored substantial gains, while the coal
stocks werO suddenly lot down at noon, Della.
wNre d Hudson losing nearly 5 per cent. The
only other special feature OF the day wES q rise In
Chicago GINS, but all these movements were
list opened with a firm temper, and displayed
during most Of the dry Il firm to strong tone
without my material improvement, prices tluc-
tuatins within narrow limits throughout the
dAy. The only weak point was Sugar, which
gave way over | per cent III the morning, but raj
ever, saw n renewal OF the renlisltioiH on IL large
scale, coupled with II vigorous attack upon both
New England md tho Richmond Il West Point
stocks 10 take advantage OF tho sales for the long
account. Prices In these stocks went Off rapidly,
and New England retired to SIX aud Richmond
d West Point preferred dropped from IS TO G81SS,
rallying 10 70 ut the close. The stock market
active md weak but generally at close 10 the
first prices. Tho only stock to show u material
improvement was Lake Shore. with Il gnin Of IA
per cent, while Richmond & West Point prefer.
rcd Is down 5E; the common 2i!: New England
az: delaware d Iluds0n ~; New Jersey Cen.
'rql ara Sugar "a. and Heading per cent:
Government hDnIg tull nuI atnuiv