The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-08-14
FINANCE N A
. -
The Features Of tho Money, AMI Stock
AilnrkttS,

NNinrkrts.
NEW YORK, August 13.-Nloncy on
call easier at 2GGi per cent; last loan
2is per cent: closed at 2la per cent.
Prime mercantile paper 4MWTM per
cent. Sterling exchange easier, with
actual business in bankers bills at
HS7is for demand and 81 SGH for sixty
days. Posted rates s. sal SS& and
81 SSdl Sgfs. Commercial bills 81 Sc.
Bar silver 67Ec. Silver certificates Csc.
To-day's stock market vas fairly ac-
tive, and the course Of prices reflected
II more Contldcnt tom regarding the
financial outlook on the part OF both
domestic and foreign dealers. There
was very little news OF n general char
acter. and about the only surface In
nucnCcs were continued decline in the
exchange market, a reported easier toni
In money, though without Quotable de-
cline in rates aud the declaration of
the regular quarterly | per cent divi-
dend by the burlington directors. The
last mentioned development was re-
EhrIcd as 4 bull card OF the first class,
as the bears had recently made the
stock 4 speculative football on the
assumption that th.a dividend would be
passed. \ favorable feature OF the
market to-day was a degree OF ANNA
ton In rnilwuy and miscellaneous
bonds and substantial improvements In
prices. Commission house purchases
were executed on Il fairly large scale.
both In stocks and bonds. Owing 10 the
lntcst developments bearing upon the
financial outlook h street became a
favorable augury from higher prices
for American securities In london and
the local opening was strong with Il no.
table amount OF short covering dis
cerniblc. The more substantial early
gains were scored in the mdustriaIg,
although material improvements also
occurred in the railway list. Rcaliza-
tons took the edge off the advances for
n brief space and the bears made vigor-
Gus efforts in connection with a special
drive at Manhattan. which forced its
price down to 13ii, making 4 new low
record on this break. The bulls soon
took hold of the general list again and
although ut Intervals temporary Shad-
Ing was noted, the trend OF the prices in
the main was upward. Large blocks OF
The active stocks changed hands fire.
Guently, especially in Sugar, which
rose 4 per cent to 1929.
The gains In the other prominent
shares ranged from "a to 3ii per cent.
The advance in the general market
eliminated in the final half hour on re-
allz!ns sales. The general list reacted
l0l1-. The closing was heavy. with net
gains, however. OF 1N2 per cent. The
railway bond market displayed aGgrcs-
sive strength on 4 resumption OF spec
ulltive and investment purchases on Il
large scale. The more important gains
were scored by the international issues.
The sales were Sl,l79.QO0.
Governments lacked feature. but held
steady on dealings Of -S55. 900.
Silver certificates touched Csc on pur-
chascS OF 5000.
The total sales Of stocks to-day were
1919 shares.
Evening Posts London financial ca
blcGram:
The stock market opened dull to-day
on apprehension rs to the settlement.
No difficulties were disclosed, however.
ana 4 general recovery followed In all
except foreign stocks. which were de-
pressed b. the events In Crete.
Americans after Il period ~ ilatncss,
recovered sharply on tn. satisfactory
conclusion of the settlement. on, the
cablc1 reports 0f Bryan's unfavorlble
reception in New Yorl; and on the Bur
lingtnn & Quincy dividend. Were 1t
not that the markets here arc now 50
affected by the holidays, 1t Is believed
that the rise In Americans would have
been greater.
M!EeS were better.
The Paris boursc Is simply following
the London markets and consequently
closed firm after d~ullncss.
Berlin was weak.