The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-11-19
FINANCE AND TRADE
The Features or tho Money and stock
aIarLet,.

NEW YORK. Nov. lS,--Aioncy on cali
at :laIi per cent; last loan per cent;
closed at 2h03 per cent. Prime mcrcan-
tile paper Gao per cent. Sterling cx.
change ilrmCr, with actual business in
bnnkers' bills At 81 S5Gi S5,t for de-
mand and 81 SiisWl Sia for sixty days.
Posted rates 81 S2tsdfi S3Is and 81 $500
", Commercial bills 81 sou. Bar silver
Csc. Silver certificates GJfTGi4c.
The general impression In cOnscrva-
tive circles to-day was that the re-
actionists have been defeated. Iniu.
enceS seemed 20 favor their position,
including tho lesscned outside interest,
the st. Paul earnings for the second
week In November showing Il decrease
In gross OF s9l4.0O0; tho apprehension OF
renewed rate disturbances In the south,
nH n result OF the failure OF the Ryan
syndicate TO secure control OF the sei-
board air limo and continued moderate
selling OF our securities for foreign nc
count, As n matter OF fact, however,
the Bold-out bulls failed to create more
than u temporary diversion, owing 10
the stubborn attitude OF holders and
owners OF stocks. The market opened
active and lower with the hlgh-prlced
| speclaltics bearing the brunt OF the at
lacks. Sugar was hammered In connec-
ton with reductions In the prices OF the
foreign and domestic grades OF thu pro-
duct and reported unsatisfactory
tcadG conditions. Manhattan sagged In
the absence OF inside support. The mar
ket soon lapscd into dullness and gone
slight recoverics were noted due 10 sup
porting orders and covering by shorts
Around o'clock IN attack on TCnncs-
see Coal forced that speciality down IN
per cent, and eXerted Il sympathetic
depressing Influence on other stocks.
In the late dealings Metropolitan Trac-
ton Jumped 9 per cent to ia. The gen.
eral list also exhibited strength. partic-
ularly Manhattan and Sugar, which
improved IL and IL per cent respcc-
lively. Pacific Mall failed TO reflect the
dividend declaration, the distribution OF
per cent. the irst in many years hav-
Ing evidently been discounted. The
closing WAS strong at unimportant net
changes.
Railway bonds we're dull and shade
lower IN most instances. The sales
Governments displayed q broadening
tendency.
The total sales OF stocks to-day were
2l5,3i0 shares.
Evening Posts London financial ca
blcgram:
All the stock markets were litelcss
and depressed to-day. Mines were nat.
The special settlement In mining
shares mentioned yesterday Will be fin
ished Tomorrow. Two jobbers had TO
close their accounts to-day, but the
matter has been arranged now 50 that
probably no failure Will be announced
tomorrow.
The other depressing factor Is the
dearer money market. The market dis
count rate is 35s and there Is talk OF Il
rise In the bank rate tomorrow, but no
change Is really probable. The reason
for the rise In money is that London
seems more likely TO dose gold yet to
many quarters with no sign OF any In
luN.
The India council only sold ten
LakfrS OF drafts to-day. The Indian
government Is said 10 be wanting mo-
ncy and VIII very likely Issue sterl-
Ing loan before long.
The Paris bourse was dull, but closed
better on the rise In Spanish stocks.
The Berlin market was dull.