The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-11-24
A AMI TRADE
Tho Features OF tho Money ana Stool
Markets.

49,
Markets.
NEW YORK, Nov. 23.-Money on call
easy at 2E03 per cent: last loan 3 per
cent; closed at 2k@3 per cent. Prime
mercantile paper 445 per cent. Sterling
exchange firm, with actual business IN
bankers bills at 81 $3.50 p, S6Ik for de-
n,and and 81 1904 SSA for sixty days.
Posted rates 81 1894 81 and 81 $500
4 STE. Commercial bills 81 81. Bar sill
Yer G5lsc. Silver certificates 65kG65hc.
The speculative movement to-day
was almost Identical with the operations
In stocks for several days past. De-
ctded i~rregularity with the downward
trend was noted, but, as usual recently,
the net changes at the close We're in
considerable. In the early trading
strength was apparent pn q fair amount
Of commission house orders, and there
was a disposition to Ignore moderate
foreign selling. and a hardening ten
dencyy In sterling exchange. The last
development counted more In the late
dealings. however. and partly inspired
q reaction in prices. The short interest
appeared inclined TO cover, and this
Course facilitated the advance, showing
sharp fractional gains in, the grangers.
southwesterns and Sugar. Realizations
aAiN nv aiS oSolk Cl=i CdStEO LII
around. upon the publication of the
northwest statement for October, show
ing a decrease in gross earnings OF
Si6i, SS5. The strength OF the exchange
market was set down to covering of bills
put out prior to election. Posted rates
were advaA:ed 70 successfully by one
drawer, ana actual figures also moved
up sharply. An easier discount rate in
London later In the day caused a re-
cession in exchange from the top level.
Declines in some of the specialties were
material. notably in Manhattan and
Leather preferred. which sold off ~ per
cent. In the last mentioned stock it was
attributed to an alleged less favor
able prospect regarding dividend action
by the directors at to-morrow's meet
Ing. Sugar fell sharply on 4 report that
the Williamsburg refinery would sus-
pend operations, but rallied on n denial
from official sources. Toward the close
the market rallied all around and left
of steady at the improvements. The
net changes were trivial.
Railway bonds were quiet and frac-
tionally lower. The sales were 1.423. 900.
Governments were strong and slightly
higher on investment orders.
The total sales of stocks to-day were
169.4 i6 shares.
Evening Posts London financial
cablegram:
The stock markets were quiet and ir-
regular to-day. The firnest markets
are those in which there has been u re-
cent bear interest: thus. consols and
mines were good. the latter being ia
vorably affected by the. commencement
of the settlement which shows n reduced
account. easy rates and shortness Of
stock. Americans were dull and closed
at the lowest, the dullness being partly
due to the large Unexplred options still
hanging over the market.
The money market was distinctly
easier. half a million in japanese money
was released to-day. but ever apart
from that the indications are in favor
of easier money.
The Paris bourse was steady. The
Berlin market was also steady, the de-
cline In money rates having a good
effect.