Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-08-09
FINANCE AND TRADE


Money sa6 Per Cent.-GOvernmsnts, Duil.
stocks Lower-Flour Quiet aud I'm
ehanged-W heat Lower
NEW \ oRK, August s.-Money on call
easy at 3 70 per cent last loan at per
cent; closing offered al 2 per cent. Prime
mercantile paper at Sal2 per cent. Sterl-
Ing exchange stronger at 4SlatS6.5 /. Silver
certificates were quiet with sales at 40,
closing at AZ bid, and 7515 asked.
GovERNMRNTs-Duu.
Fours Registered. .....-....... i i9513
FOurs Coupons ACKNOWLEDGEMENTS. lOJ75
Four-and-a-half Registered. ......... 20
Pacific Skies OF 95..................IU z
SrATEs-Dun.
RAuRoADs-Dun and weak; sales, SS19.-
600
SrOCKs.-The volume of business az the
Stock Exchange was small again to-day
aud the course Of prices continued irre2u-
lar with the tendency in the main down
ward. IN the early trading Chicago Gas,
Sugar and General Electric yielded 10
9S< per cent and the remainder Of the list
~ TO ~ But on a demand TO cover
shorts there was a rally Of " TO J = per
cent, the latter in General Electric. Fol
lowing this period OF dullness came the
Presidents message 70 Congress on whlen
the traders IN the room most or whom are
beariSAly inclined, made sharp onslaught
upon the market. The attack was clearly
preconcerted, TO- it began before Wall
street had an opportunity TO scan over the
contents Of the message. General Electric
was again the chief sufferer The decline
was accompanied by a revival OF the ru-
mors that the proposed plan 10 pay OF the
floating debt was exciting increased oppo-
sitiJn. Most OF the other leading
shares held well. and tue market
was improving when the announcement OF
the suspension Of Fl. l.. HOtchkisS u 90.
was made from the rOstrum OF the Elk
change. On this Northwestern broke
points to 90. The changes otherwise, now
ever, were far less important. but at the
close the market was ia the main weak.
The bulk Of the selling throughout the DAY
was for professional accounts, according
TO the commission houses, and COMPARE
lively little long stock was forced out.
While the traders took an unfavOrable
view Of the Presidents message, the con-
census of opinion in banking and broker
age circles was that its effect would be
salutary upon the public mind and Will
help TO restore confidence. Sales 1946OO
shares. Quotations closed bid:
Atchison, l4s[; Adams Express, l3S;
American Express, l01; Baltimore and
Ohio, COZ; Canada Pacific. IO73; central
Pacific, lSJ<; Chesapeake and Ohio, l4$l;
Chicago and Alton, lbs; Chicago, Burling-
ton and Quincy 761I; Delaware and Hud-
son, Ill; Delaware, Lackawanna and
Western. 1856; Denver and RIO Grande
preferred 2159; Erie, ~ do preferred, %;
Fort Wayne, 40; Illinois Central, 9215 {;
Lake Shore, 1929; Michigan Central, 10;
Missouri Pacific, 1895; Norfolk and Western
preferred, 81; Northern Pacific, 2; do
preferred, 2OI; Northwestern, 99ss do.
preferred, 1875; New York Central, ga
Pacific Mail, 1919; Peoria, Decatur and
Evansville, Z; Pittsburg, 140; Pullman
Palace, al; Reading, 1875; Rock Island,
56JS; ST. Louis aud San Francisco first
preferred, -; ST Paul. 5215; do. pre-
ferred, l0S1S; Tennessee Coal and Iron, IL;
Texas Pacific. So; Union Pacific, l19l;
United States Express, IS; Western Union,
1881; Wheeling AID Lake Erie, IL; do.
preferred. 80.
Mining Stocks-ChOlOr-: Grown Point,
-; Consolidated California and Virginia,
10; Deadwood, 100; Gould and Curry, 80;
Hale and Norcross, 40; Homestake, $50;
Independence, -; Mexican, 40; North
Star, -; Ontario 700; Ophir, 60; Ply
mouth, Is; Sierra Nevada, 80; Standard,
Il5; Union Con-, 25; Yellow Jacket, 90;
Iron Silver, 10; Quick Silver, $50; do
preferred, 1900; Bulwer, -.