The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-01-11
FINANCE AND TRADE.
The Features OF the Money and stock
/. Markets.

NEW YORK, Jan. 10.-Bioney on call
easy at 1905 per cent; last loan peg
cent: closed at per cent. Prime mer-
camille paper $40 per cent. Sterling
exchange dull and higher, with actual
business In bankers bills at 81 sea
I S9A for demand, and 81 S7hG4 S7aa
for sixty days: posted rates 81 SsG4 IS
and 81 S9is9i 90h: commercial bills
81 S6s. Silver certificates 61Ac: bar
silver eszc.
The share speculation to-day was ir-
regular at the opening and the volume
of business was only moderate. An
easier tendency soon became evident,
and general fractional losses were SCOT
ed. Before the expiration OF the frst
hour. however. the selling pressure was
exhausted and well defined covering
movement ensued under the leadership
OF the Industrlals, which carried prices
UP to a material extent. Later in the
day the anthracite coal stocks and the
Changers were strong features. The
last mentioned group was helped by re-
ports OF a decidedly increased move
ment OF corn. The stimulating influ-
ence upon the coal stocks was an mac
curate rumor OF an impending concert
ed advance in anthracite coal prices Mt
tidewater. The cold snap has un-
doubtedly sharpened the consumption
demand for coal, but this will only ex-
ert n temporary influence upon the
wholesale trade. except halt Is called
In the heavy mining operations.
The denial by President Hoyt, of the
United States Leather Company, OF the
rumors that the management was en-
deayoring to float q 5000 900 loan. was
followed by an advance in the preferred
stock, due mainly TO covering pur-
chases. The general market was buoy
ed up by the conviction that the delay
incidental to the programme for float
ing the new government loan Will not
result.
The principal advances, other than
those mentioned, were In Lake Shore,
~: Chicago Gas 2&; Manhattan, Del.
aware 4 Hudson, Illinois Central and
New Jersey Central. IN; Lake Erie &
Western preferred. 2: Lackawnnna, IN:
Tennessee Coal. II: Louisville q Nash
Vile and Canada Southern. IN, and the
Changers &Gla per cent. Late In the
day realizing snies caused GENERAL re-
dictionary movement, In which Manhat-
tan and Leather preferred were the
chief sufferers, with losses OF about
point. In the less active shares re-
cessIon OF 3 per cent was made by Met
ropolltan Traction. In the closing deal
Ings, prices again hardened and the
closing was firm, with substantial net
advances general,
Business In railway mortgages was OF
moderate proportions and strong tone
ruled The Reading issues were the
features OF the trading, and on good
buying gained 192k per cent, the last
In the second incomes. The Atchlson
and Kansas & Texas issues were also
well supported and gained sharply.
The sales aggregated Sl,56s, 600.
Governments ruled strong and higher.
The new 4s coupon and do 6s coupon
sold up lA6pI per cent respectively on
purchases OF $1,000 each.
In state securities $4,000 Virginia
Centuries changed hands ut n slight
fluctuation In prices.
The total sales OF stocks to-day were
1b7.720 shares.
Government bonds strong and higher.
with new Is up per cent.
State bonds inactive.
Railroad bonds strong,
Evening Posts London financial ca
BILE:
There was a continued Improvement
on the stock markets to-day, but on
bears covering nndanabsenceof further
disturbing political news, rather thnn
on definite untnvorlble news. Ameris