Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1894-02-19
Excess OF reserve s,l53aS25 sl&0O5

On the Stock Exchange the market
was very irregular, and the railroad Sc
curities we're practically abandoned;
az least the bulk of the weeks deal
ings being ia the last named stocks. A
marked feature OF this irregular market
is It's frmness; sales may be small, but
prices are, as a rule, we'll maintained,
the decline or advance In most cases be-
ing purely fractional It is worthy 20
note that more new life has been in
fused into the Richmond and West
Point Terminal, and 10 Is believed that
the advance in the certificates a resus-
citation Of the reorganization plan
formulated by the representatives. Of
Drexe., Morgan 81 Co.
Government bonds continued steady
at unchanged prices. Railway bonds
were firm; the important advances be-
Ing Kansas and Texas seconds 3 point;
Atchison seconds, IS; Chesapeake and
Ohio f0ur-and-a-halfs, IS and 1855;
Richmond and West Point Terminal
fves. Mobile and Ohio generals. i5;
Northern Pacific frsts, 81; Reading
third incomes, Is; WISCONSIN Central
frsts. Il; Canada Southern trsts,
seconds, 2ts. and Cotton on Fights, -.
The noteworthy declines were Rich
mond and West Point skies, 81; Chica-
go and Northern Pacific trsts, /; st.
Louis and Southwestern irsts, I; Texas
aud Pacific frsts, Is, do. seconds, "a;
Chesapeake and Ohio 6ves, p; Union
Pacific, Denver aud Gulf hrsts, -; Ed
ison Electric hves, S..
Money on call ruled at / per cent,
while time money was DO abundant sup
plv az Q per cent. for thirty 90 sixty
davs. 2t5 for ninety days 20 four months
and 3i5 FOR FIVE and six months. The
demand was a little more active and the
scrutiny OF collateral less severe. Mer-
caotlle paper was quiet In general
business the Industrial gain Is more de-
finite than it was a week ago or has yet
been. In this immediate vicinity no
establishments are stopping Work, WnHe
many are resuming operations or IN
creasing urOo auctions. Quotations Tor
manufactured products are no higher,
but the general tone OF trade IS some
what stronger. Some distinct improve
ment is seen I'm tho demand for iron
products. the increase being mainly for
structural forms, cast pipe, wire rope
nails. etc. To rails and other railway
iron supplies, however, business Is very
small.
Textile industries show some improve
ment, but 90 is not marked. In tho pro
duce markets, business was more Disk
during the week and speculation 10
wheat was active az C advance. Corn
was outlet, but advanced C, while oats
are no &c. Speculation Ia cotton was
stronger. and after numerous declines
ranging from o 90 points, and Suose-
rec0verieS, tho market closed at an ad-
vance OF . points.
In the wholesale grocery line business
has improved, owing 20 renewed pur-
chases OF out-of-tOWn buyers, which IN
dicates a renewal Of stocking up, IN
this section. Collections are satisiac-
tory, aud while the volume Of business
is not quite as large as a year ago, Still
there is no cause for complaint.
Wholesale hardware houses also re-
port sales increasing aud collections
good, while trade in the dry goods line.
although slow in recovery, shows
marked Improvement when compared
with a month ago. Taking the prevail
ing conditions as a whole, business at
this centre is undeniably Improving,
throughout all Industrial and general
lines, and the markets are strong.