The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-01-29
FINANCE AND TRADE
THIS Features Of III. Money and Stock
Markets.

NEW YORK, Jan. ?S,-NIoney on call
easy ut 3M0I per cert; mast loan 3 per
cent; closed at 3Hq4 per cent. Prime
mercantile paper GatS per cent. Sterling
exchange weak. with actual business
in bankers bills ut 81 SskI4 sS!s for de-
mand and 81 S7Gl SIX FOR sixty days.
Posted rates 3iS7iE94 ssh, and 81 SsG
4 90 Commercial bills ST SGis. Bar silver
673tc. Silver Certificates 6i!stt6Sc.
Irregulnrlty was the mTin feature OF
the operations III stocks to-day: firm
undeitunc was In evidence however.
throughout. The eccentricHy OF the
movement OF prices was chiefly Attrlb-
utable to the professional denleTs and
others who preferred to take the profits
accrulng In the advance. London opera
tors also appeared 10 discount un an
ticipated reaction In prices. The llqui-
dation in this market FOR foreign nc
count was estimated from 10000 to 1900
shares. The dominating influences in
the speculation were reports OF prob
uble developments IN thu anthracite
coal trade OF great Importance US Tor
example concerted shut down OF coll
peries by all OF the Philadelphia and
New York companies with view TO
reaching tho cOngestcd market OF I'M
pending advance OF 150:bc per ton IN
prices enrly In February. Other factors
were a decided weakness In the market
for sterling exchange, bringing the
rates down TO figures pr0hlbltory OF ex-
ports Of gold except oc u special char
r,ster, and tho formal decision OF the
majority Of holders OF tile consolidated
FIRST mortgage bonds or tile Kansas Pa
cific railroad ITO nreept the tefTfts Of
.fe-ed under the general Union Pacsa2
reorganization plap.
The appearance OF supporting oruerS
In different parts OF the list soon caused
a scramble to cover In which all OF On"
early losses were recovered. IN the IN
terynl between the end Ot The iirst hour
and delivery time. the only important
movements were In Manhattan. Sugar
md Tobacco, In the iluNl hour, the
hulilsh Influences above noted were
fully reflected and advances extending
40 az per cent In New Jersey Central,
Thc Changers Improved lsdlA per
cent: Sugar III and MaPlinttan per
cent The market closed strong, Wa.
trading quite ar]i"a1ed.
Tho upward movement In the railway
md miscellaneous bond market was re-
stunned to-day, with the Reading issues
again tho textures. OH buyinE nttrlbu-
ted 10 insiders. 1Ue IOlul IluUSlCtlNHN
were l,3i 900. Governments were
held well, except for the new Is regis.
tered. which fell l9S per cent on the bid
1uotptIOns. The sales amounted To
SS2,bOO. In state mortgages. Tennessee
g0ttleTnent 81 figured for 5000 at II
sharp advance and Virginia deferred
6s for $1,000. Mt unchanged prices.
The 'total Gales OF stocks to-day were
lsOSi3 shares.
Government bonds. new Is registered
weak and lac lawcr, other classes ut
changed.
Sthte bonds inactive.
Railroad bonds strong.
Evening Posts London financial
cablcgrnm:
rho settlement reveals II further TO-
ductIOn in the speculative account
ContAngocg. therefore. nrc light.
Thetone OF the market wns Goodwin
a large Investment OF business In con-
pols, colonial stocks and English rails,
especially the latter. Cortngocs on
Americans were alSc, with small nc
count. The tone IN Americans was
good, but they closed below the best
hrgcntlnes were strong on a further de-
cline In the gold premium at Bucno5
The Gillian bills placed yesterday u;