The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-07-31
FINANCE N A
The Features Of the Money and Stock
arkrtS

The Features Of tho Money aud stock
Markets.
NEW YORK. July 3O.-Mouey on call
easy at liAG9 per cent; last loan . per
cent: closed at . per cent. Prime mer-
camille paper car per cent. Sterling
exchange firm with actual business in
bankers bills at 81 SS1tai SO FOR de-
mund. and s. STMIi IS for 60 days; post
ed rates s. SSfi SSl: and 81 S9la: COM
mcrcIal bills s. S7Gi S7H. Silver ccrtiti-
Gates G9dIG9kc.
The share speculation to-day reflect
ed little. II any. Improvement In the
character OF the market. manipulation
being In strong relief. The movement
was sluggish with n sRcglnE tendency
the greater part Of tho day and the nf-
tcrnoOn operations were characterized
by n bclatcd rally on covering OF short
contracts. The real DRIFT of affairs
speculatlvely was again moro clearly
defined In the bond department thar In
the stock movement. The carly Lon
don cables reported n lower market for
American securities. but later. ndviccs
from that center, received Just before
the opening hour, evidenced n change OF
front, n our markets sympathotically
started out fairly active Il higher, the
Initial prices showing gains extending
TO .l3k per cent In Sugar. London mp
peared TO be u buyer OF Louisville &
Nashville and st. Paul. but Il we'll de
fined suspicion developed carly tint tho
higher prices for Americans In ,-JndOn
had been engineered from this side, or
in other words that the familiar rig
G!nE" process had been worked by pow
crful banking interests. The advance
In pFir..a Ialtn1 nhr,VtI,- "a ftnr .I,. 1T
tial dealings and the market became al
most staEnant, prices, however. easing
on gradually. There wns no news of
Importance bearing upon values aside
from n ilrmcr tendency in the exchange
market, which lacked Significance. ow-
ing to the operations OF the great cX-
change pool. The well worn rumors
against Manhattan railway stock were
again made to do service and an cx-
IRENE decline Of * per cent In It's price
was effected. Sugar lost the cnrly gain,
and the list generally ruled f%ractIonally
below yesterdays closing, with the
EranScrS showing the more important
losses in the railway list. The market
entered another dull spell at the CON
ccss!0ns noted until the last hour, when
a rally occurred all along the lin. on
covering under the leadership OF Su-
ear. The gains from the lowest points
extended to 2iS in Sugar and Chicago
Gas, Manhattan ~, Tobacco and Rock
Island " per cent aud other stocks ad-
ranccd n point or whereabouts. Sugar
figured for onc-third OF tho entire deal.
inEs and was quite cratic. Ii rose l3S,
declined II md rallied "a per cent.
Brooklyn Union Gas was conspicnously
strong in the final dealings md gained
~ rcr cent. The closing was strong nj
fractional mot i'm prppnp,,t,g . ..~
Tho bond market displayed aggressive
strength in the early session and there
was n noticeable abatement of the re-
cont selling pressure for foreign ac-
count. Later rcalizaiions caused a re-
action. The closing was Irregular with
losses prcdOminatIng. The sales were
$4,000: The principal advances were in
Ontari0 &c Western consol 5s, .: Clesn-
pcdkc X Ohio rs. .: do class \ first3, /;
AtclIson adjustment Is, /: do generals,
Canada Southern flrEts and Kansas Pa
cilic C%unsOls, ! per cent. The more i'm
nortnnt declines ranged from ! to "li
per cent, the last in Denver & Rio
GrandC IS.
Governments were quiet but strong on
transactions OF S2l. 900.
In silver certificates the business
amounted to only 81 900: the tone was
steady.
Evening Posts London financial en-
bleSram:
The stock markets were generally bet
ter here to-day and English rails were
quite booming again. Americans re-
covered on the lead In New York and
bear purchases hero. There were no
genuine purchases Of Americans here,
nnd prices closed under the best. Mines
were better on a cessation OF the Paris
sales. g
The coin and bullion In tho Bank os
England decreased GS70,O00 this week.
Cash IL beginning TO 70 into the coun-
try for holiday requirements. The gold
movement for the week consisted OF Co.,
600 sovcrcigns imported from Australia.
All the arrivals of bar gold are now
bought for the continent.
The Times money article speaks of n
premium OF gold In America and the
possibility Of gold shipments from here
TO New York. At present. however,
there is no symptom OF such shipments.
The Paris bOursc was less panicky but
weak.
The Berlin market wac duh.
The success Of the Russinn loan. SO far
us Paris Is concerned. Is believed To be
O~verrstInatcd, hut Germany IL under
stood to have subscribed largely.
NEW NORN-'rhc turrid temporal
turc was too much for buyers aud per-
sonnl selections: also, mail orders took
moderate quantities. Good sales were
reached. however, through the many
f0~rwardlngs on prior engagements.
Printing cldihS In fair demand and
sales mt 2T-lGc.
BONDS AND STOCK QUOTATIONS.
New H. \. Ia rrpIytCrrl ,tpiL