The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-12-28
FINANCE AND TRADE.
The Features OF ths Money and stock
Markets,


Markets.,
NEW York, Dec, g1.--Money on call
5u9ls per cent: last loan per cent
closed ut iGj per cent Prime mercan-
tile paper nominally 6G7 per cent. ster-
ling exchange weak, with actual BUS
mess In bankers bills at 81 S90i s9E
for demand, and 81 S1A0+ SIS for sixty
days; posted rates 81 SShqi 50 ana
81 p0Isd4 o.; commercial bills " ~
Silver certificates 6hQ6Ihoi bar silver
66ise.
The temper OF speculation to-day was
feVerlsh and unsettled. a variety OF
influences contributed TO bring about
depression, In the first place, Instead
OF u higher range OF prices for Amerl-
can securities IN The London market
as the local traders expected, although
upon what basis could not be reasona-
bly, explained, quotations from that
centre showed declines In the interna-
tlonals, extending to l}s per cent IN
Loulavillo & Nashville. The weakness
was set down TO dissatisfaction over
the terms Il the proposed new revenue
bill, This criticism met wltlA only par
tlRl acceptance. The local trldlnB was
unfavorably affected sympathetloully,
and material declines We're recorded NJ
the outset OF business, especially IN
the grangera and Louisville - Nash
willie, 10 account for the weakness;
stress was also laid upon the estimated
shipments of gold by to-morrow's
steamer, which were only partially YER
lied, upon the unsettled financial con-
dltlons generally, upon disappoint-
ing exhibit OF earnings by the Chicago.
Burlington a. Quincy for November and
the eleven months up 10 November II,
and 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 Teactlonary
movement was soon stommed by cover
Ing purchases for short account and to
a moderate extent by commission
houses. The improvements resulting,
however, We're inCOnsidernble, except In
one or two instances. Chicago Gas re-
sponded to the news OF denial by
Judge BischoM 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 q
Ohio resulted In q decline OF ~ per
cent, and incidentally caused G-drop OF
3h 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 10000
shares. a decline OF per cent In
Lackawanna, 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 or the specula-
ton. II was also authoritntively stat.
ed that the Delaware q Hudson Canal
Company Will maintain It's I per cent
dividend rate In 1896. This condition OF
things is supposed TO be due to the de-
cidedly unsatisfactory condition or the
anthracite trade. The market during
the last hour OF trading displayed pro-
nounced heaviness Sugar scored net
decline OF per cent, Chicago Gas lost
all OF the early Improvement. and other
leading shares lost from l to 24s per
cent, net the last In Louisville q Nash
Vile. The closing was fairly active,
and at the lowest figures Of the day.
The early trading In bonds was charae-
teriZed by firmness In the later ses-
sion, however. break, material In some
instances, occurred. The dealings ag-
gregatcd Sl,Si5OOO.
The dealings in government bonds
aggregated only 5000. There were no
notable changes In prices,
In state bonds good demand was
noted for Virginia centuries. $4,000
changing hands Mt n material nppre-
citation In price. Tennessee settle
ments IS figured for 5000.
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 weak.