The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-12-21
flNANCE AID TRAnE
The Features "r the Money ana Stock
Markets.,

NEW YORK, Dee. i9.--Moncy ON call
easy at pet cent Prime mercantile
paper IIrj per cent Sterling exchange
llrm, with actual business IN bankers
bills at SiSGiIdri SGii Tor demand and
at 81 S5AMiA for siNtv days, Posted
,atcs 81 Sii!UiSj and NSjui SiisW
iSSis Commercial bills 81 S2%.. Bar
silver Giiic Mexican dollars jlc,
The stock market to-day wns COM
parntlvrly active aud the tone fever
iSh, The slump IN prices yesterday
afternoon on the news Of the decision
uC the senate committee On foreign re-
nllluns to report fnvOrablS To that
body, Senator ClmcrOn's Cuban rCSO.
luton. led the financial community to
expect Il decidedly unfavunhl" RSIu-
pathetic effect ~ foreign securities In
general ANA American stocks and
bonds IN London In particular Ac.
COrdingly, considerable nervousness
was fclt previous 60 the opening, re-
garding The probable rours" Or TO.
days market cabled advlCrS uf tenn
pcrate discussion OF the Cuban uucs-
ton abroad and higher prices for
American securities In London, cX-
Internationally listed stock, changed
the speculative temper and nj the
opening covering was begun un an
extensive scale, resulting in sharp
gains over last nights final prices,
I}uying for long account accelerated
the advance, and the International ur-
bitragc firms were also reported In the
market The Improvements scored
ranged from lm@i. per cent In the prin-
Cipal shares. After the initial dealings
realizing and u bear drive at Mnnhat-
tan in connection with the threatened
legal proceedings, caused reactions
Manhattan broke 81. IL Sc. but later
recovered to $50. The subsequent
movemcn, OF the stock was rrratic, but
II left on practically unchanged.
The advance IN the general market
was soon resumed md the best prices
OF the dlv were reached In many tn
stances special inQury being noted
for Sugar. 81, Paul and burlington.
Around II o'clock the market Quictcd
down, and fractional concessions We're
again made on realizing, a decrease OF
SS,OODUlO In the loans OF the associated
banks for IaSt weeks figures. "Nrrting
some unfavOrablr Influence. The mar
kst closed irregular al general sharp
net gains.
The bonds market to-day exhibited
| unusual activity. the sales aEgrrGat-
ing Sl,lOI 900, Prices We're frv"righ,
but the general undcrtOnc was firm.
Government bonds We're strong.
Silver certificates were dull, but
steady
The total sales OF stocks to-day were
lS2.i6j shares.
Evening Posts London financial ca
blcEram:
The Cuban matter has slightly de-
pressed the markets. but thrr" IL no
approach to panic IN the settling Of
Americans: firstly. b"CauSr the bull
account Is too small. and secondly, be-
cause the stock "Xchan;" regards the
affair lightly at present. except ny a
further CvidCn"" Of jn0Oism.
American securities feel sympathy
with prices on your side. bui ~" above
parity. Cl0sinS al the best. with buy
ing ~ 4 very good kind.
The fIll 81 Spanish securities was
assisted 10y the interruption o: cable
services wi,h Paris
|, recovered when Il was found this
| afternoon tnat the Paris price was
much above London quotations