The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-11-14
FINANCE Ann Trade
tins Feature. Of the sion,y aud s.os'

81 !
Ths Features OF tho nioney aud Stock
a fs Markets.
NEW YORK, Nov i3.--Moncy on call
easy ut a8i per cent; last loan ut ~
per cent; closed al SQ5ia per cont. Prime
mercantile paper 500 per cent. Sterling
exchange weak, with ACTUAL business In
bhnkers' bills at 81 s5GQi S5ls for de-
maud and 81 SlRdi $? for 60 days. Post
cd rates 81 S2hGri 81 ana 81 S6dpi 81,
Commercial bills 81 81. Bar silver 6iSc,
Silver certificates GiStdGjc.
The stock market was weak and few
erlSh to-day on an Increased volume OF
business, which was even better dis
trlbutcd than usual recently, the indus
trials figuring for about one-,hIrd az the
dealings and developing considerable
animation. Sugar led the entire market
In point of activity and scored the cx-
treme decline, per cent. The dcprss-
sion In this stock was attributed u In
slders who until recently had been con-
spIcuous In bplllnB the general market,
an waS attended by suggestions TINT
the company would probably be the
special tnrget In tho next session OF
Congress,
The course OF the general market was
dominated by the powerful sold out bull
interest, which, nCttled by their recent
Indifferent success In injecting really
important reaction, to-day returned to
the onslaught with redoubled energy
and succeeded fairly well In Shaking out
weakly held stocks. The slump was en-
Elneered on revamped Cuban scare.
based upon Il probable purposcly migln-
terprcted report OF inquiry by the Eoy-
eminent authorities regarding normal
expenditures for transferring troops aud
supplies. Late In the day denlalS OF Il
wlrllke significance TO the movement
came from Official sources, 4 feature of
the speculation was the prominence Of
hltheto neglected stocks. The market
opened strong and higher and during
the greater part OF the first hour prices
moved upward partly due TO the bull
side taken on the part OF London. The
Cordage shares were actively traded In
Tho American Spirits preferred also rose
per cent and important gains were
scored IN other properties. Shortly be-
fore II O'Clock, however, the speculative
movement changed completely on the
Influences above referred 10. Spirits
preferred dropped Az. Sugar md other
leading shares lT2 per cent The SELL
Ing movement halted about midday
and the market became very dulls Ill
though some recoveries were made. In
the last hour aggressive tactics were
resumed and prices fell to near the low
est points. The bond market lacked
features aside from some wide move
mcnts In the Inactive issues which con-
tInuc 10 exhibit strength. St Louis and
San Francisco As, Trust Receipts ad-
vanced S per cent TO 80. and Baltimore
Belt flrsta guaranteed jumped % 30, af-
ter an carly loss OF IL per cent TO SLY.
The general list displayed an easier ten
dency toward the close on free sales Of
the speculative issues. The sales were
$50. 900.
Governments were neglected, but gen.
orally firm on sales OF $4,000.
State Issues were firm on dealings OF
$4,000
Silver certificates stIftencd slightly on
sales OF $4,000.
The total sales OF stocks to-day were
3i0.039 shares.
Evening Posts London financial ca
bieSram:
The stock markets were again idle and
dull to-day and for the same reasons as
yesterday. Americans closed near the
lowest, but with n steady undertone.
Considering the dearnesS OF money some
people are surprised that Americans
have nor reacted more than they have.
The Paris and Berlin markets were
steady.