The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-12-28
rINANoE ANp TRApE.
The Features Of the Money and stock
Markets.,

Markets,
NEW YORK, Dec, 21,-Money on call
jQ04 per cent; last loan per cent
closed at iQ5 per cent Prime mercah-
tile paper nominRlly dGf7 per cent, stel-
ling exchange weak, with actual bus-
mess In bankers bills nt 81 ssNi ss%
for demand, and 81 SlAQ4 S. for siNly
days; posted rates 81 SSlsQt Sd anu
81 90isft4 Of; commercial bills y ~
silver certificates G6k Q6IAc; bur silver
GGIsc.
The temper OF speculation to-day was
feverish and unsettled. a variety OF
Influences contributed to bring about
depression, In the fret place, instcad
OF u higher range Of prices for Amerl-
can securities In lhe London market
as the local traders expected, although
upon what basis could not be Teasona-
bly, explained, quotations from that
centre showed declines In the interna-
tlonals, extending to rs per cent IN
Louisville & Nashville. The weakness
was set down to dissatisfaction over
the terms OF the proposed new revenue
bill This criticism met wltAonly pnr-
tlul acceptance The local trading was
unfaYorably affected sympathetlcally,
and material declines were recorded NJ
the outset Of business, especially IN
the Grangeru aud Louisville y Nush-
Vile, 10 account for the weakness.
stress was also laid upon the estimated
shipments OF gold by tO-morCow's
steamer, which were only partially YER
fled, upon the unsettled financial con-
dltions generally, upon u disappolnt-
Ing exhibit OF earnings by the Chicago,
Burlington 4 Quincy for November and
the eleven months up TO November III,
md finally upon the rumors Affecting
the credit OF the Baltimore g. Ohio rail-
road, a specific denial Of some OF these
reports WAS made, The reactlonary
movement was soon stemmed by cover
Ing purchases for short account ana TO
moderate extent by commission
houses. The improvements resulting
however were incOnSldernble, except IN
one or two Instances. Chicago Gus re-
sponded 20 the news of Il denial by
Judge RisChoh OF the motion to make
permanent the Injunction restraining
the committee from perfectlng the plan
OF consolidation, by an advance OF ~
per cent. The attack on baltimore 4
Ohio resulted In Il decline OF va per
cent. and incidentally caused o-drop or
3lA per cent In Western Union on the
inference that alleged financial difficult
ties OF the first mentioned company
would compel the sale OF It's holdings OF
Western Union, amounting TO bO,OOO
shares. A decline OF 6 per cent In
Lackawnnna. following the announce
ment OF President Sloan that the regu-
lar quarterly dividend Of ia per cent
would be declared later In the day, was
one OF the anomalies OF the specula-
tIon. II was also authorltativcly stat
ed that the Delaware Il Hudson Canal
Company will maintain It's per cent
dividend rate In 1896. This condition OF
things is supposed TO be due to the de-
cldedly unsatisfactory condition or the
anthracite trade. The market during
the last hour OF trading displayed pro-
nounced heaviness. sugar scored II NET
decline OF per cent, Chicago das iost
all OF the early Improvement, anu other
leading shares lost from l to rs per
cent. net. the last In Louisville & Nash
VILE. The closing was fairly active
and at the lowest figures of the day
The early trading In bonds was chhTac-
terlzed by flrmness. In the later ses-
sion, however, break, material In some
instances. occurred. The dealings ag-
greEated Sl.Sl5,0O0.
The dealings In government ponds
aggregated only 5000. There were no
notable changes In prices.
In state bonds good demand was
noted for Virginia centuries, S2I'VV
changing hands Mt n material appre-
citation in price Tennessee settle
ments S. figured for $1,000
The total sales OF stocks to-day were
23S, 697 shares.
Government bonds Is coupon j per
cent higher: others ranged unchanged
State bonds dull
Railroad bonds wcnk.