The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-09-12
FINANCE AND TRADE
The Features or tho Money aud sioc
.H, ainrlIet,.


The Features of tho Money aud Stock
.b MARKETS.
NEW YORK. Sept. ii.-Money on call
easier at sac per cent; last loan 3 per
cent: closed at 3Gi per cent. Prime
mercantile paper nomInnlly 7a9 per
cent Sterling exchange easy. with act
unl business In bankers bills Mt 81 S3&Q
! 81 for demand, and 81 Slls@A 80 for 60
days; posted rates 81 S?tsGl4 81 and 81 SAY
az S5H; commercial bills 81 81. Bar sill
yer 65Ho: silver certificates 65h@G6lsc.
Although the volume Of business In
stocks to-day was only moderate, the
speculative temper was cheerful, and
prices, with momentary exceptions,
worked toward higher plane. Outside
buying, however, was chiefly conSpicu-
Gus by its absence. The tone In flnan-
cihi circles Is becoming unqualltiedly
oulIlsh. although the market fluctuations
were practically controlled by few of
the more important professional deal
ers. who have recently been playing for
turns. with the scalpers following in
their wake. An encouraging develop
ment was the news OF n mandatory or
der from the court fOrbiddlng the opera
lion or the reduced rates put In effect
by the Southern Transportation Compa-
MES, The heavy grain movement In the
northwest was urged as n bull argument
on the grangcr5. and In most Instances
the traffic returns rendered were salts
factory. AS usual. recently, the ntten-
ton OF the street was largely turned on
the oVerswelllng gold engagements and
arrivals. In conservative circles Il Is
now believed that the $40, 10000 mark
VIII be reached. The arrivals TODAY
footed about 81 .297 900. and there was de-
posted at the sub-trensury 5000, 600, OF
which sum about $500. 900 will accrue to
the TREASURY gold reserve. The actual
treasury gold holdings ct the close OF
business Tomorrow will not be known
until Monday. but ars expected to come
close to $4,000. 900. Rumors were cur
rent OF preparations In London to ship
about s2O.O0o,o0O additional gold to this
country.
London figured both as buyer and n
seller. The traders at the close were
engaged In discussing the probable
showing Of the associated banks to-
morrow. The theory Is that the re-
sources OF the banks have been swelled
BY about SH.000.000. and shipment of
funds to the interior for the week were
about s3.000.000. In addition, the sub
treasury transferred bout s2.5o0, 900. The
financial tension at New Orleans WINS In
creased to-day by another bnnk suspcn-
sion.
The closing was strong n. about the
best prices OF the day. The extreme
gains In prices extended from TO per
cent in the general list.
Railroad bonds were quiet, but ganer-
ally higher on transactions OF s659, 1000.
Governments were lower for the new
Is. with other Issues steady. The trans
actions were $4,000.
The t6tnl sales OF stocks to-day were
lT4.T93 shares.
Evening Posts London financial ca
blegram:
There was another HAT day In the
stock markets on dearer money and the
idea that the banks rate OF discount
may 80 10 3 per cent next week. Prices
however, closed above the worst and
with rather more assured tone,
Americans were dull until New York
prices arrived. when there was sharp
rally. The close was about the best.
There Is more buying OF bonds here,
although not yet on n large scale.
The Paris bourse opened fat, but
closed better. The Berlin market was
weak.
BONDS AND STOCK QUOTATIONS.