Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-07-29
FINANCE AND TRADE
Money Gas Per Cent.-Governments Dull.
stocks Higher - Flour, Dull and I'm
ohauged-Mh heat Lower.

Money cas- Per Cent.-Governments Dull.
stocks Higher - Flour, Dull and I'm
ohauged-Wh heat Lower.
NEW YORK, July 2S.-Money on call
opened strong, afterwards declined aud
closed easy; loans ranging from IS per
cent per diem and interest to 2 per cent.
per annum; last loans, closed offered at
per cent. Prime mercantile paper at Sal2
per cent Sterling Exchange was irregu-
lar at 4SOa4S23<. Silver certificates We're
neglected; closed at 709 bid, Il asked.
GovERNMRNTs-Dul.
Fours Registered. ....................1O S19
FourS Coupons 1900. .''''.'.'I Vo7s
Four-and-a-half Registered. ......... ~
Pacific Skies Of 5..................lG
STATEs-Dull.
RAuRoADs-Firm in early dealings, but
subsequently weakened. Sales, 81, GAG, 600.
SroCKs-rhe stock market opened with
sharp advance in prices, partly IN sym
patty with the improvement at London
and continued purchases for investment Tor
fereign aud domestic receipts. The rise
was equal TO 1fa2 per cent. in many in
stances, out was subsequently lost under
sales to realize profits, as well as offerings
by the room traders, who seem lOath 10 de-
sert the short side. The only real senSa-
ton Of the day was furnished by General
Electric, which broke during the
afternoon to 3lA, decline OF AZ per
cent. from the opening figures. All sorts
of rumors are in circulation 10 account for
the break, it being said the dividend pay
able August l would be withheld from
stockholders and the money applied TO the
liquidation of pressing liabilities, that an
application for the appointment OF re-
ceivers for the Company was TO
be made. The directors held a pro-
tracted session, and it was officially
announced long after the close
of business that il had been decided TO Of
fer certain securities 10 the cOmpany's
treasury TO the stockholders for the pur-
pose of liqUidating the floating debt OF 81
000,0 600. Seventy per cent Of this amount
has ALREADY been underwritten by friends
of the company. The sharp break in Cen
eral Electric. while it led to rumors Of
probable failures, did not occasion any
alarm among holders Of other securities,
and although the market yielded as mat
ter Of course, the decline outside
of a few instances was by no means heavy.
Sugar fell of ~, Big Four and Manhattan
4a4j{, aud the rest Of the list 10 81 per
cent. There WAS comparatively little eX-
citement and in the transactions General
Electric rallied 6 auc other stocks q 10 2.
The fact that delivery hour passed without
any suspension on the Exchange impaired
a little more confidence TO operators, as did
also the decidedly easier rates for money
on call. Sales, 379, 900 shares. Quotations
closed bid;
Atchson, l4s{; Adams Express, 1876;
American Express, l04; Baltimore and
Ohio, $50; Canada Pacific. SO; Central
Pacihc. 1871; Chesapeake and Ohio, 1881 /;
Chicago aud Alton, l25; Chicago, Burling-
ton and Quincy 729s; Delaware and Hud-
son, l0SIS; Delaware. LackawRnna aud
Western. 1914; Denver and RIO Grande
preferred Is; Erie, 80; do. preferred, q;
Fort Wayne. 100; Illinois Central. S9j5 !;
Lake Shore, Ill; Michigan Central. S.;
Missouri Pacific, 204 Norfolk and Western
preferred, 1881; Northern Pacific, 81 do
preferred, 2J1S; Northwestern, 90; do.
preferred, 1884 New York Central, 971;
Pacific Mail, 10; Peoria, Decatur and
Evansville, 5; Pittsburg, 40; Pullman
Palace, las; Reading, l25S; Rock Island,
56&; St. Louis and San Francisco first
pr erred, -; St Paul. 5l}s; do. pre-
- red, los; Tennessee Coal and Iron, u:
>, Sxas Pacific. 5: Union Pacific, lSH:
United States Express, 40; Western Union.
20; Wheeling aad Lake Erie. Il; do
preferred. 34Sf.
Mining Stocks-Cholor- Crown Point
20; Consolidated California and Virginia,
100; DeadwOod, 100; Gould and Curry. Is:
Hale and Norcross, 40: Homestake. e'7iS !;
Independence, -: Mexican. 35: Nor b
Star, -; Ontario 100; Ophir, 60, s-ly-
mouth, %; Sierra Nevada, IS; Standard,
10; Union Con-, 30; Yellow Jacket, IS;
Iron Silver, 10; Quick Silver, 200; do
preferred, 1900; Bulwer, %.