The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-01-31
FINANCE AND TRADE.
,rhe Features or the Money and s.oci
NInrkets.

The Features or uhe Money nth btocA
Markets.
NEW YORK, Jan. sO.--Money on call
easy at 3AI4 per cent; closed at sGSh
per cent. Prime mercantile paper Cos
per cent. Sterling exchange firm and
higher with actual business in bankers
bills at 81 sSlAa4S ssh for demand and
81 S7N94 S1is for 60 days. Posted rates
81 ssq4 ssh and 81 50. Commercial bills
IS s6ls. silver certificates G7hQ67s..
Bar silver 67is.
The stock market to-day, like It's re-
cent predecessors was almost entirely
dominated by the manipulation OF pow
erful speculative leaders. The move
ment OF prices was Irregular ut times,
but a strong undertonc prevailed In
some instances, The volume OF busl-
ness was fairly large with sugar and
Reading dividing the hOnors with $4,000
and $4,000 shares respectively. the last
rcckoned as full stock, The only other
shares that attained noteworthy actlvi-
~ were st. Paul and Tobacco. The
main consideration affecting prices un-
I'll the last hour was the action likely
TO be taken BY the presidents OF the an
thraclte Coal railroads at the adjourn
ed meeting in relation to the report OF
the special committee on percentaHes.
The subject was regarded by Wall
street and by foreign operators us oil
paramount Importance The impress
sion that an harmonious agreement
would be reached was reflected In an
advancing tendency Ia the market.
The opening was moderately active
and firm, but a sagSing tendency soon
developed In which sugar was most
CONSPICUOUS. The coal stocks were
then taken in hand and the buoynneS
in this group was soon communicated
TO the general market Reading was
the most animated and exhibited de-
cided strength. The bonds were also
taken in large blocks by the interests
Identified with the reorganization.
Around delivery hour. the execution
OF realizing gales preclpitnted general
reaction. The speculation left OF nc"
tive and weak in tone, but with the net
results gains In most instances.
The dealings In railroad and mlscella"
neous mortgages were characterized by
strength and activity, with the Reud-
ing issues the striking features. The
sales OF those bonds absorbed S,5ee.6ea
out OF an aggregate for the day OF 81"
$1,000. The securities were logically
affected by the expectation Of All mar
monIous agreement between anthracite
companies as to the division OF tonnage
In which the Reading would be well
treated. The progress that Is besns
made toward the reorganization OF the
| property was also q strengthening fac-
tor. The first preference incomes were
more in demand and also made the eN'
IRENE advance OF per cent. The I'M.
proYement In the other lines ranged
from y to per cent. Pronounced
strength was also exhibited in the
Northern Pacific issucS,
In the late dealings there was n gem
ernl shading In prices in which the
Reading bonds were most prominent,
Business in governments were fairly
active, aggrcgating $4,000, The mar
ket ruled firm and the new AS register
ed. advanced sharply in the bid quota
In state securities sales. OF $4,000 Ten
nessec settlement SIS and Si,0O0 Ma
bama IS were noted nj n slight gain.
The total sales OF stocks to-day were
! 24S.sOO shares.
Government bonds firm.
State bonds inactive.
Railroad bonds strong.
Evening Posts London financial ca
hlegram: The markets were good TO-
uly. lsnEllSll ltuu sNiNlNl lNAll ieaAa w..
the feature. Among the latter the most
| prominent movements were shart
rise In Canada Pacitic's on divided
rumors, and In Reading shares and
bonds on good buying by an American
] banking house here.
= Americans closed at the best. the bull
point being the expected success OF the
! new loan.
Mines were neglected.
The Paris boprsc was dull to-day.
The Berlin market was steady,
R0NDs AND STOCK QUOTATIONS.