Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1894-09-26

can EASY at per cent; last loan l
per cent; closed at l per cent. Prime
mercantile paper 3a5 per cent Sterling
Exchange dull but hrm, with actual ousi-
ness in bankers bills AZ 4S6aAS64 Tor de-
mand. Silver Certificates 633s.
GovERNMENTs-kfrm.
u. S. IS Registered. ..............-..l lg4
u. 5. IS Coupons. .....................l iva
U. s. IS Registered. .......,..........ll
~. =. As Coupons ACKNOWLEDGEMENTS 10
u. 5. 2s Registered ..........A....... 90
Pacihc6s or 20. .....s.............-.
STArEs-Steady.
Observation-Disclosures.
STOCKs-The speculative Judgment on
the Reading reorganization plan was evil
denced by the course of the stock AID bonds
In tO-day's market, is decidedly unfavOra-
bic. The plans have been fruitful sub
tect Of discussion on thestreet to-day and
while opinions differ as 70 its merits, there
is pretty general opinion that II Will De-
come operative, IN view OF the tact thai II is
favored By the receivers and, il is claimed
by the OlcOtt-Earle interests, VIII not De
opposed by the Drexel-M0r{an party. rms
latter claim is not generally accepted as
being based on positive grOuods. Az tue
opening Of business on the stock Exchange
this morning the stock OF Reading was
offered for sale in round amounts, houses
with Philadelphia connections being
tue nC4N4tol SCAAEEos GuA N4O A~9et-
was Z break OF lR 70 lo$ Ia the
trst quarter Of an hour. The decline al
tracted buyers, whose purchases caused
rally TO 1914 ia the next fifteen minutes,
after which very little trading was done
In the shares AID the price was held IN
changed up 70 midday. Early Ia the
afternoon a further rally 70 1913 was made,
followed by renewed selling and return
70 the low point of the morning. Only one
sale Of the stock was effected during the
last hour, which was al q recovery or =,
leaving the net loss on the day
u per cent. An attack was
made on Burlington and Quincy at
the opening Oy a Dear clique. which, IL Is
said, had determined to open the stock be
low %. OF the other Changers, St. Paul
was sold moderately by London, but buy
ing by the shorts more than c0unter0al-
Enced the sales, the shares huctuanng
within the narrow range Of Is per cent and
making a gain Of "A on yesterdays closing
figures. Rock Island rose Is on the closing
or short contracts, lost the
Improvement under bear raid,
but in the later dealings regained the
loss, the sale being at the best. A drive
was made on Disabling on vague Western
rumOrs that some new untayoraOle DIS
closures were impending, which sent the
stock down i per cent Confirmation or
the reports being lacking, tue shares raj
lied "a per cent. In the afternoon with a
nnal reaction OF Despite the fact that
for once rumor had nothing to say against
Chicago Gas, the traders sold 1t
down on the plea that insiders
had heavy selling orders and
after an opening advance OF -, the price
was lowered Is % 6975 Durlugt0e alter
noon the buying ana selling were pretty
evenly balanced, the mail sale being IS
above the lowest and = below the closing
Of nnngnn u.
lower but quickly came into good demand
for no known reason and rose rs per cent,
but gradually lost ali but IS OF the gain;
the preferred declined l per cent.
Little OF auy effect was made
on the stock by the announcement Of tie
proposed shutting down for a term Of toe
Trust rehneries. In the inactive SHARES
Alton and Terre HauJe advanced 3 per
cent and Rome Watert0wn and OgdenS-
burg4 per cent, while Tobacco preferred
declined - and Oregon navigation, Lake
Erie and Western preferred and Cotton
OIL / per cent National Starch hrst pre-
ferred and Toledo and Ann ArbOr are up
per cent. The rest Of the shares traded
Ia changed but fractionallY and were
dealt ia but lightly. The tone OF
speculation at the close was rather
heavy. The bond market was compare
lively quiet aud the sales aggregating only
S545, 500, but the trading was strong IL tone,
except for the Reading issues, which were
unfavOrably affected by the publication Of
proposed plan Of reorganization. Stocks
closed bid.
Atchison. :; Adams Express. 145;
American Express, ITO; Baltimore and Ohio
765S; Canada Pacific. 6555; Central Pa
citc, IN; Chesapeake aud Ohio, 2O1S
Chicago and Altca, 14l; Chicago, Burning
ton and Quincy, 53@s Chicago Gas, 691s;
Delaware and HUDSON, l35; Delaware,
Lackawanua and Western. 1895; Denver
and RIO Grands preferred, 344; Distill-
ners and Cattle Feeders Co., 1919; Erie,
49, 90. preferred, %; Fort Wayne. Isl;
Illinois Central. SO; Lake Shore, l3415;
Michigan Central, 9S}[; Missouri Pacific,
2S5S; National COrdage. 1913 do. preferred,
q; Norfolk and Western preferred,
%; Northern Pacific, "a; do. preferred,
1SS9; Northwestern 1929; do. preferred,
1925 New York Central 100; New
YORK and New England. S2]5 Pacific Mail,
l4s<; Peoria. Decatur and Evansville,
4; PittsOurg 152; Pullman Palace, l59;
Reading. 1917 Rock Island, 695E; st. Louis
and San Francisco first preferred, -; St.
Paul, 653{; do. preferred, 1928; Tennessee
Coal ana Iron, 1874; Texas Pacific, 90;
Union Pacific, 10; United States Ex-
press, IS; Western Union, ssh Wheellng
aRd LAKE Erie 129S; DO. preferred, ~.
Mining StOcKs-Band B., -; CaolOr, 20;
Grown Point, 90; Consolidate California
and Virginia, 400; Oeadwood, so; Gould
and Curry. ZOO; Hale and NorcrOSs, ~:
Homestake, 400; Independence, -; Mex
lean, l3); North star, -; Ontario, 500;
Ophir. 800; Plymouth, 10; Sierra Nevada,
rs; Standard, 10; Union Con-. 40; Ys.-
low Jacket IS; Iron silver, 10; Quick
Silver $50; DO preferred. 1400; Bulwer 10.