The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-01-23
FINANCE AND TRADE.
Tho Features OF tho Money and stock
nInrkrts.

AHo ftatufeA OF tho Money ana STOCK
Markets.
NEW YORK, Jan. 2g.-Money on call
easy at 30i per sent; last loan per
cent; closed at per cesJt. Prime mer-
camille paper COS per sent. Sterling
exchange dull and lower. 5ah actual
business in bankers bills NJ 81 SShqp
4S9 for demand and "a S7is5 4 SIX for
SIXTY days. Posted rates 81 sSDI 50 and
" 1904 90. Commei elal bills 81 SGA
Bar silver SIC. Silver certificates C1hD
G7xc.
The operations in stocks to-dly.whlle
largely OF q professional character. In
cluded some fair outside buying for
European accoun. ami 10 less extent
purchases by local commission houses
Tho volume OF business was somewhat
larger than that of the previous day,
with the greater part OF the trading
distributed between four industrial
stocks, and ST. Paul and Western Union
Tho London cables reported q decidedly
more cheerful condition OF the public
mind regarding the political outloUhno
far as the relations with the United
STAKES are eouce. ned, and highcr prices
for Americans were followed by arbi-
TRACE purchases in this market. Con-
tinucd easy rates for call monsy In tho
street and predictions Of frecr Offer
lngs OF time money. together with low
or rates for sterling exchange. were
among the bull factors. The indrs-
trials, az usual. were manipulated I'M
der speciRA influences, The Initial prices
showed substantial improvement over
yesterdays final sales. and, In short
order. further gains were established OF
hGih per cent, the last in Rock island.
The international 5tockn for the reas-
ons above noted, were conspicuous In
the upward movement. After the first
fifteen minutes OF business, n reaction
occurred. In which, aside from Tobacco
and Western Union. the losses recorded
were only fractional. Tobacco had adj
vnnced v per cent to 70. but subse-
quently broke to 76TS on liquidation and
hammertng by the professional deal
crs, Western Union also. after nm early
fractional advance yielded n point on
continued bear attncks. AT the recess
Ions the market qulcted down and, up
TO alatc hour, there were special rel-
lures presented. Aside from the IN
dustrIals General Electric rose IL per
cent TO 27A. on revived rumCr5 that an
agreement had been effected with the
ted per cent on denial Of the reports,
but subsequently recovered half OF the
carly advance. Sugar. gained l9s on
advances In various grades Of the for
elgn and domesttc product. In the last
fifteen minutes OF business a squirt OF
activity developed and the best figures
Of the day. as q rule. were recorded. The
market closed strong.
Dealings in the bond market showed an
aggregate sale OF Sl.o9S,OO0 The deal
ings In mining securities were larger
than usual. reaching q total Of lS,OOO
ahareS. The stock was errntlc, rang
ing between S and e and closed .: iae
lower price.
Government bonds easlC-.
State bonds Inactive.
Railroad boEds firm.
The total sales Of stocks To-day were
1852 shnreS.
Evening Post's hraEclal cablegraIn:
There was n quiet, but distinctly better
tone In the stock market to-day. due
mainly 10 the more favorable advices
about American sentiment in and out
OF Congress. The report In the Times
that q large Insurance office here has
applied largely for the new American
loan. also had agood effect. Americans,
ntttT buoyancy. closed under the best.
Investment markets were very strong.
CoBsols sold at l07%, Home railways
are advancing 20 record prices and the
speculative markets are better, bu;
there Is no public buying OF Americans.
The Paris Sourse was firm and more
active. Berlin was quiet.