Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-12-28


GOvERNNIENTs-Dull.
FOurs Registered. 1921
Four-and-a-half Registered. ......... %
Pacific Skies OF i95. ...............l0 2
STATEs-Dul
RAILROADs-Firm.
STOCKs-Speculation on the Stock Elk
change to-day was feverish and unsettled.
1t was known at the opening that re-
ceiver had been applied for by the oppo-
nents of President Mcleod for the New
York and New England Railroad Com
pany, and before noon the announcement
was made that Thomas G. Plat had been
made receiver. Although this contin-
gency had been largely discounted dur
ing the past few days there was a
rush to sell the shares on the part of those
| holders who had believed that President
Mcleod would hold control Of the property,
and their sales were supplemented by
heavy offerings on the part Of the bears
| and the result was break Of % per cent.
from yesterdays closing price. When
the lower level was reached good
buying movement was inaug urated, due
largely to covering of shorts who did not
feel disposed to leave their lines out over
, night, in view of the mercurial properties
OF the shares The decline in the stock on
the day is 2 per cent. General Electric
was strong in the early dealings and rose
is per cent, but during the after
noon was exceptionally weak and was
freely sold FOR both long and short account.
The depression in the stock was due to re-
ports that plans were being formed for
reorganization Of the company and that the
company's business was not on q satiSfac-
tory basis. Louisville and Nashville was
unfavorably affected by rumors that
neither scrip nor cash dividend would be
paidfor the siXmonths ending with Decem-
Der. The general market was firm at the
opening and in the early dealings advanced
a fraction, but within half an hocr Balti-
more and Ohio dropped IL per cent and
the rest of the list 6al per cent. The
whole market was strong between II and
II o'clock, prices advancing Il to
~ per cent. Chicago Gas and
the grangers leading the upward move
ment. During the afternoon decline OF
4 TO per cent was recorded. This was
followed by Slight ralley aud quick re-
action, but in the late dealings a better
tone prevailed and prices moved up Aal14
per cent, the latter American tobacco, the
market closed generally firm. Sales
1885, shares. Quotations closed bid;
Atchinson, 1873 Adams Express 80;
American Express, 10; Baltimore and
Ohio, 6S; Canada Pacific II; Central
Pacific 1874 Chesapeake and Ohio, 1914
Chicago and Alton, 1876; Chicago, Bur
lington and Quincy, AZ; Chicago Gas,
6l%; Delaware and Hudson, 1881;
Delaware. Lackawanna and Western,
1921; Denver and Rio Grande pre-.
ferred, 80; Distillers and Cattle Feed
ers Co, 2135lS; Erie IA; do preferred,
81; Fort Wayne. f4S; Illinois Cen
tral, So: Lake Shore, l22]S; Michigan
Central, 80; Missouri Pacific, PA;
Norfolk and Western preferred, 1913;
Northern Pacific, As; do. preferred, 10;
Northwestern, 9SsS; DO. preferred, 1874;
New York Central, IS; New York
ana New England, 10; Pacific Mail,
10; Peoria, Decatur and Evansville, Al;
Pittsburg, l4S; Pullman Palace, 1914;
Reading, Il; Rock Island, 63$l; ST. Louis
and San Francisco first preferred, -; st.
Paul IS; do. preferred ll615; Tennessee
Coal and Iron, 145S: Texas Pacific. Z;
Union Pacific, 1875 United States Express,
50; Western Union, so; Wheeling and
Lake Erie. 122l do. preferred. "A.
Mining Stocks-Band B., -; Cholor, %;
Crown Point, 30; Consolidated California
and Virginia, 269; Deadwood 60; Gould
Curry, So; Hale and Norcross, 45; Home
stake, 100; independence, -; Mexican,
GO; Ontario 500; Ophir, 100; Ply
mouth, 10; Sierra Nevada, 80; Standard,
l25; Unien Con-, 90; Yellow Jacket, so;
Iron Silver, 10; Quick Silver, 125; do
preferred, 1000; BulWer D.