The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-12-16

further disturbance Of prices md n fair
amount OF liquidation, Tho volume Of
business WAS larger than that OF Mon.
day, but tho dealings were not well dis.
tributcd. The market moved with some
l~rregularity. but the main tendency Of
prices was toward a lower level, and the
declines scored were material In the
SpeClnltles. The outside Interest was re-
nccted In sales OF the railway shares, re-
Sultlhg, as n rule. In Functional lOSsci.
nil a feature OF the day was a drive ut
the Gould stOcks for which no cNplhna-
ton had been received IN to the close or
business. or news bearing upon the
general situation, there wlS nat a par
tlclc, and the dominating Influence upon
values was the continued agitation ut
Washington on the Cuban situation.
The impression In financial circles IL
thai the Cuban resolution In fonEreFS
Will he buried In committee. bun, never
thclcss, leading interests m the bull side
do no display the courage OF their al
legged convictions. and the nnrrOwncss
OF the market enables tllC rOom traders
TO work with comparative safety against
prices. Some Of the fluctuations In the
low priced shares were extreme, rs In
American spirits preferred, which
broke bhs per cent TO ~. The decline
from g to ~ WAS on a sale OF 100 shares.
y leading bear professional was consid.
cred responsible for un extreme decline
OF 2& per cent In Manhattan and Mis-.
souri, Pacific, and Western Union Tx.
ured for losses OF ~ and ~ per cent,
respectively. Sugar led the entire mar
kct on the point ~ activity. and was
dealt In 'cx" dividend OF ; per cent.
London sold moderate amounts Of the
principal shares and contributed TO the
depression In carly prices. After the IN
ltlll dealings a brief rally set In on coy
erlng. The weakness In the general list
WIS most pronounced In the lltcst ses-
sion. The closing was weak at general
fractional net declines IN the railway
shares and more material losses In the
lndustr!als.
Railway bonds continued 10 sag.
Governments were quiet with an cas-.
Ter tendency.
Tho total sales OF stocks to-day were
2O5. 22i shares.
Evening Posts London financial ca
blcgram:
The stock markets remain idle and
depressed. \ share rise In Turkish
stocks on good buying was the only
favorable feature to-day. ConsOls were
ilatHa AS money gets dcArcr nCnr the end
OF the year. Mines lost yesterdays raj
".
Americans dropped on the lack OF
support In New York. on poor railroad
earnings and tariff uncertainties.
While the bull operators. however, are
discouraged. the bears were afraid TO
operate largely. especially AS the mar
kct for bonds keeps firm.
Gables from New York report an ac-
cumulatlOu ~ 1000. 900 pounds sterling
bills on London held by New York
banks. The best financial houses herr.
state that according 10 their evidence,
the statement IS probably Il gross eX-
aGgeratiOn. one million HppearS more
like the current estimate here.
The gold shipments announced last
week for Port Said. were really for
Japan. Moreover. ! have reason 20 be-
licVc that II portion OF the recent ship
ments ostensibly for Russia Wen To
Japan. The greatest secrecy sur
rounded the shipments and the dcstina-
ton IA not generally known, bu; You
may take this as authoritative. The
Paris and Berlin markets were steady,
BONDS'A Nd STOCK QUOTATIONS..