The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-12-05
FINANCE AND TRADE
I'll, Feature, OF the Money aud Stock
5ArLtt.

NEW YORK. Dec. money on call
easy at lffs per cent: last loan III per
cent: closed at ~ per cent, Prime
mercantile paper 4pj per cent. Sterling
exchange lrlEcr. with actual business
in bankers bills at 81 SCS.Gp4 n for de-
mand and s. S21,n4 81 for sixty days.
Posted rates 81 STAT SIS and 81 &i2Ge
I IS. Commercial bills 81 S2A. Bar
silvr" 6jhc. Silver certificates GihQ
6JLaC.
The stock market displayed increased
activity and Il broader distribution OF
business Tira tone was mainly strong,
OWING to q variety OF influences calcu-
lated to advance prices. These factors
included nm Improved demand torcholc"
Investment stocks and bonds, eNcnp-
u1nal ease In money. call funds being
rOm!nally quoted at the close at lTlis
per cent, and dividend disbursements,
actual and anticipated. The speculation
In miscellaneous securities also eNhib-
lied Improvement and wider range.
The constant accumulation OF finGs at
this center and expectation OF Improve
meHt In general. and railroad business
conditions On the part OF many inVcs-
tors leads chem tn take up securities Of
assumed fav0rably situated properties.
Investment OUad houses report hrav-
Ter business than Tor some time past
and good sized blocks OF ilr. bonds OF
rcorganiZcd roads have been sold. tn"
declaration Of dividend OF ! per cent
on Southern railway preferred, exert
ed Il particularly encouraging intlu-
encc. AZ the action was accepted as IL
Illustrating the confidence entertained
by the prominent interests identified
with the property as 10 the outlook. In
a general way Il Is asserted that the
prospect 1f continued unfavurablc trat-
tic reports by some of the railroads and
the sentimental effect OF the reaSSeFn-
blage " Congress. have been discount
ed.
The course or prices was somewhat
irregular. but In many instances. the
tendency toward Improvement was well
defined, particularly In the spcclalties'
The export analysis Ot the accounting
and reports ~ tho previous baltimore
x Ohio management caused decline OF
about per cent In the stock, hut failed
to affect the general market, aS the eN-
kibit was regarded as ancient history
The inward movement in the general
list was accelerated by foreign pur-
chases. chiefly OF St. Paul and Louis
willie 4 Nashville Commercial Gable
was conspicuous for jump To l6s or
a purchns- ~ on" hundred shares as
compared with 1jS, the last preceding
sale The market closed steady nj slight
net gains In tn. principal stocks.
The railroad and miscellaneous bond
market was considerably animated on
a broader movement. Speculative bonds
were strong,
Governments were generally iirm.
The total sales OF stocks to-day we're
lS6.90I shares.
Evening Posts London financial ca
blcErafn:
\ sharp break in money rates was me
only feature in the stock markets to-
day Discount houses reduced their de-
p1sIt rates by y per cent to - anu TO
-. fOr call and notice money.
The markets were quiet. hut apart
from mines the tone was good. The i'd
vance In Americans continues. AS does
the fairly good class 1f buying. Tn"
Southern railway dividend had 4 good
effect. Prices closed tritie under the
hest. There are indications that gold
may 70 10 Germany this month.
The Paris bJursr w1'S weak. II Is not
In a healthy condition yet. The Berlin
market was quiet.
EONTS AND STOCK QUOTATIONS.