Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-10-31
FINANCE AND TRADE.
Money l 1-2aa Per Cent - Governments,
Steady - Stocks, Lower-Flour, Steady
and Unchanged-Whest, Lower.

and Unchanged-WheAt, Lower.
New YORK, October S0.-Money on call
easy at 115a2 per cent. Prime mercantile
paper 515a1]1 per cent. Sterling exchange,
steady at 4Sl1za4S4H
GovERNMENTs-Stead
FOurS Registered. ...............s....ll III
FOur5 Coupons. Observation-Disclosures Ill
Four-and-a-hah Registered. ........ %
Pacific Skies Of 95.,................lO luz
STATEs-Steady.
RAILROADS - Strong early, but closed
weak.
STocKs.-The week opened on the Stock
Exchange with the silver bill in It's last
stages in the Senate and repeal almost
WITHIN sight ltwas to be expected that
the tone of speculation would be steady
and the tendency Of the prices upward and
so il came TO pass, but there were num-
her of GENERATORS who desired to take part
at least OF the profits OF the recent rise
and numerous selling orders were sent
in to be effected and these realiza-
tions promptly checked the upward
movement. There were special influences
at work, too, that tended TO depress the
speculatiOn. American securities in Lon
dom were weak, aud London was heavy
seller in this market OF ST. Paul, Louis
vile and Nashville, Union Pacific, Atchi-
son. Reading and Erie. Announcement
was made that the Receiver OF the Union
Pacific had decided not TO pay the interest
due November FIRST, and IL was reported
that the Erie directory had come TO de
termination not 10 pay the interest on Tue
first lien mortgage due November lst. rms
latter Intelligence was regarded more seri-
ouslv, as il was taken 10 mean that the in
terest on the second mortgage, due Decem-
Der l. would also be dofaulted on. The
September statement Of the Chicago, Bur
lington aud Quincy, showing as II ala an
unexpectedly large decrease in net earnings
and in surplus, was another factor in the
declining market which the near approach
Of the settlement OF the financial problem
aud the reported shipment OF million IN
cold from London to New York
failed to support The downward
tendency continued until mon, when,
compared with Saturdays closing de-
cline ranging almost 10 per cent had been
established The lower range OF values
attracted new buying and the speculative
temper experienced change, stocks NOV
ing steadily upward until after O'CLOCK,
at which time a recovery OF 4 to l35 per
cent had been made. During the rise a
good deal of long stock had been disposed
of and as the purchasing movement was
losing force a drive was made on the gen.
eral list oy the bears, which sent prices
down below the bottom figures OF the
morning. The market closed weak and at
the lowest point, the decline on the day
ranging from 4 10 % per cent. Sales SOS,-
zoo shares. Quotations closed bid.
Atchiuson 2l35, Adams Express l43;
American Express, l13; Baltimore and
Ohio, rs; Canada Pacific. %; Central
Pacific, 2O% Chesapeake and OHIO, 1875 !;
Chicago and Alton, 1877; Chicago, Bur
lington aud Quincy S54; Delaware and
Hudson. l29; Delaware, Lackawanna
and Western, l69; Denver and Rio
Grande preferred 2S; Erie, Il; do.
preferred, 81; Fort Wayne, l4S; Illinois
Central. 94l<: Lake Shore, l2S; Michigan
Central, 1905; Missouri Pacific, 265s 4;
Norfolk and Western preferred, 227S ;
Northern Pacific, ~ do. preferred, ~ ;
Northwestern, 1865; do. preferred, l39;
New York Central, lOlH; Pacific Mail,
II. Peoria. Decatur and Evansville, 81 ;
Pittsburg, IA; Pullman Palace, III;
Reading, 2l$I; Rock Island, 705S; st. Louis
and San Francisco first preferred, -; St.
Paul COZ; do. preferred, ll9; TennesseS
Coal ana Iron, l615: Texas Pacific, So ;
Union Pacific, 1914 United States Express
so; Western Union, gl35; Wheeling and
Lake Erie. l53I; do. preferred, 5lL4.
Mining St0cRs-CholOr3O Crown Point,
35: Consolidated California aad Virginia,
97O; Deadwood, -; Gould and Curry, 80;
Hale and Norcross, so; Homestake, 800;
Independence, -; Mexican, 20: North
STAR 49,: Ontario $50; Cpbir, 40; Ply
mouth, 10; Sierra Nevada, 20; Standard,
100: Union Con-, 40; Yellow Jacket, 80;
Iron Silver, 10; Quick Silver, 20Oi do
preferred, 1000; Bulwer, 10.