Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-07-06
FINANCE AND TRADE

Money 3a15 Per Cent.-Governments Dull
stocks. Steady-Flour Dull and Lower
Wheat Weak.
NEW YORK, July 5.-Money on call
was easier, raging from 3 10 10 per cent;
last loan 3 per cent, closing offered at per
cent. Prime mercantile paper, Gas per cent
Sterling exchange firm at 4S3a4S5l4. Silver
market quiet but strong; certificates sold
at 75a15S, closing at 75a76.
GOvERNMENTs-Dul
Fours Registered. ................1O9 1921
FOurs Coupons Joys
Four--and- a-half Registered, ......... So
Pacific Skies of '95. .lO3
STATEs-Dull.
RAILROADs-Irregular.
SToCns. Lower cables from London
and some selling by arbitrage houses led to
q weak opening in the local stock market.
In the first trading prices receded 4 to IL
per cent right through the list. A sharp
decline of l per cent in Central Pacific at
the opening of business also operated
against the stock market Rumors affect
ing the credit of g. p. Huntington
were again put atioat and IT was reported
from London that the Central Pacific Com
pany would not pay its August dividend
Mr. Huntington denied in toto the stories
alleging his inability to meet his con-
tracts and asserted that the Central
Pacific would pay its August, div
idend. Subsequently when it was
found that brokers had no difficulty in re-
newing their loans and that foreign houses
were liberal lenders Of money at COMPARE
lively easy rates. more bullish feeling set
in, and under the leadership of General
Electric an advance of i TO 13s per cent
was established. The frmness was short
lived, however, and soon after midday the
bear forces renewed their attacks.
Northwestern, st. Paul, Burling-
ton. Rock island, American Sugar,
Big -Four and Western Union were sold by
the professional element, and rumor was
circulated that large failures were immi-
nent in London. These reports could not
be traced to any authentic source. North
western was affected by reports Of closing
out of loans and Of the shutting down Of
iron mines in the territory traversed by
the company. The market closed about
steady. Quotations closed bid:
Atcaison, 2O% Adams Express, las; Amer
lean Express, los; Baltimore and Ohio u;
Canada Pacific. 1917; Central Pacific, 10;
Chesapeake and Ohio, II; Chicago and
Alton, 1870; Chicago, Burlington and Quincy
S3ZS; Delaware and Hudson, 1889 Della
ware, Lackawanna and Western, l4311S Den
152I; do preferred, SO; Fort Wayne, $40;
Illinois Central, 80; Lake Shore, 1l916i
Michigan Central, 9215; Missouri Pacific,
SlJ5; Norfolk and Western preferred, 2lss;
Northern Pacific 70; do preferred, 95B;
Northwestern 1919; do. preferred l3o;
New York Central, 1004 Pacific Mail,
iS4 Peoria, Decatur and Evansville, SO;
Pittsburg, las; pullman Palace, 1929 Read
ing, IA; Rock Island, 691s; St. Louis and
San Francisco first preferred, -; st. Paul,
$685. do. preferred, ll3; Tennessee Coal
and Iron, 151S; Texas Pacific, 9; Union
Pacific, 2495 United States Express, so;
Western Union, S0%; Wheeling and Lake
Erie. l25S; do. preferred, AS.
Mining Stocks-Cholor-; Crown Point,
-; Consolidated California and Virginia,
$40; Deadwood, 100; Gould and Curry, 35;
Hale and Norcross, 20; Homestake, 700;
independence, -; Mexican. -; North
Star, -; Ontario, zoo; Ophir, 100; Ply
mouth, 20; Sierra Nevada, 60; Standard,
l20; Union Con-, so; Yellow Jacket, so;
Iron Silver, %; Quick Silver, 200; do
preferred, 1900; Bulwer. 10.