Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-02-25
FINANCE AND TRADE

Money, Aa5 Per Cent. - Governments.
Steady 20 Firm-StUelSs. Lower-Flour
Dull and Uncaanged-Wheat, DuI.
NEW y ORR, February 24.-Money on cal
! easy az 4a5 per cent; last loan at pei
cent; closed offered az per cent. Prime
/ mercantile paper 5a63 per cent Steri
ing exchange, quiet but irm at 1861 Ass
| GovEKNMENTs-Steady TO firm.
/ t'OurS Registered. .....-..... liza
! FOurs Coupon. ACKNOWLEDGEMENTS. ..ll214
Four-and-a-half Registered. ....,.... 991s
| Pacific Skies OF 'g5. ...............lO 5
! STATEs-Steady TO firm.
| STOCRS-A decidedly bearlsh sentiment
existed in Wall street this morning, but
the day developed material change in this
! respect, and while little resistance was
/ given 10 the declines in the leading weak
! stocks, the market as whole again
! showed a disposition 10 break away from
! the influence of these stocks, as their
| movement was the result of special
/ causes and not justified by the
| general situation. Reading and its
/ affairs occupied still the most prominent
/ position in the view Of the street. but there
/ was a decidedly better feeling, and al
! though transactions in Reading were still
| large, the price was depressed only frac-
| ton and full and substantial rally was in
J progress during most Of the entire day.
! The stock moved steadily upward, finally
closing at 80, with a net gain OF Ia per
| cent. II was somewhat handicapped, how
ever, by the Course OF It's ally, New Eng
land The bears found New England an
I easy prey, and uncovered stop orders con-
tluuousli, and from 81 last evening it de-
clined to 2S%, with hardly rally
worthy Of the name, and
finally closed at 20, with a net
! loss Of s per cent. Rumors of the worst
! kind were persistently circulated, and the
chief of these was that the roads would
certainly go into the hands of receiver,
while at one time il was said in the Board
that Mr.. Parsons had actually been APP
pointed. An emphatic denial was received
| from Boston and one of the directors who
| has recently resigned said that no receiver
| could be appointed when the road was not
in debt and that be knew of his own knowl-
| edge that no obligation which could not be
Immediately provided for was prevailing.
Notwithstanding this, however, the decline
was not checked and the stock
closed weak. Among railroad stocks the
more encouraging advlces from the West
stiffened the Changers and all showed ma
terial advances at the close OF the day, but
the most prominent movement was IN the
OOdlGES, WHICH udNb oCcu uuuulg htPACSoSN'
OF late by vague rumOrs of something TO
transpire of an unfavOrable nature. Sales
197, 600 shares. Quotations closed bid.
Atchison, S296; Adams Express, l5S ;
American Express, III; Baltimore and
Ohio, %; Canada Pacific, $50; Central
Pacific, 90 Chesapeake and Ohio, 234 ;
Chicago and Alton. l+2; Chicago, Burling-
ton aud Quincy, $3.50 Delaware and Hud-
son, ~; Delaware, Lackawanna and
Western, 1857; Denver and Rio Grande
preferred 521S Erie, 22$< do. preferred,
5015; Fort Wayne, $50; Illinois Central,
99l5 Lake Shore, 1274; Michigan Cen
tral. l0416; Missouri Pacific, 55a Norfolk
and Western preferred, 3415; Northern Pa
cihc, l59s; do preferred. 4O35; Northwest
ern ll2; do preferred l44l6 New York
Central, 1857; Pacific Mail, 23JS; Peoria,
Decatur ana Evansville, l69S: Pittsburg,
1856; Pullman Palace, 1893; Reading, 2S5S !;
Rock Island, SlL; St. Louis and San Fran
cisco first preferred, 10; ST. Paul, 1615 (;
do preferred 1929; Tennessee Coal and
Iron, 81: Texas Pacific. 9: Union Pa
cific, 313I: United States Express, 90;
Western Onion, 95$l; Wheeling and Lake
Erie. 1875 do. preferred, 81.
Mining Stocks-ChOlOr -; Crown Point
SIS: Consolidated California and Virginia,
$50: Deadwood. 1870; Gould and Curry, 90;
Hale and NOrcross, 125; Homestake, 100;
Star, -: Ontario, 1900; Ophir, 225; Ply
mouth, 80; Sierra Nevada, 1870; Standard,
1876: Union Con-, 100; Yellow Jacket 80;
Iron Silver, 80; Quick Silver, SOOi do pre-
ferred, 1900; Bulwer. 10.