The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-02-28
FINANCE AND TRADE
The Feature, of tho Money and stock
Markets.


NEW YORK. Feb. 2.-Mohey on call
easy at SG4 per cent: last loan 3 per
cent: closed at per cent. Prime
exchange firm and higher. with actual
business In bankers bills ut 81 SI&q
IS for demand and 81 S6lS64 S6A for
sixty days. Posted rates 81 S7Gi STlsq
I $500 SO. Commercial bills 81 ssh.
Silver certificates 6SSGCs%c. Bar sill
yer 6shc.
The volume Of business IN stocks to-
day was about equal to that OF the pre-
vious day. The industrials again held
first place In point OF activity rs n
group. The market was irregular with
n downward tendency, and marked de-
clineS occurred in several instances.
Baltimore g. Ohio was the particularly
weak feature, declining an extreme six
points to rs, while the per cent bonds
OF 1926 were offered down to S9h, seller
20, as against 95 regular, the last pre-
vious transaction on Tuesday. The de-
preston was caused by disturbing re-
ports conveying the impression that the
result OF the expert report that has been
made by Mr.. Stephen Little. the Rc-
oountant employed by the syndicate,
had been even more unfavorable than
had been anticipated, and toreEhadowed
implied that the company would be I'M
able to meet the Interest due March LIST.
amounting to about 100000 ofiicial
denials OF the rumor were made to the
Associated Press representative about
the close Of business. Subsequently the
stock rallied TO rs and closed at 2IA. Il
net concession OF ~ per cent. In the
industrials, Leather preferred was
pressed heavily for sale as a result OF
more exhausting review OF the annual
report OF operations published. The
stock led the market in extent OF trans
actions and closed at a decline OF per
cent on the day and OF per cent below
yesterdays final figures. The general
market moved lrregularly, but the tiuo-
tuntions, except in one or two Instances,
were not wide. Operations for the day
began with a depressed market. which
was partly attributable to n change OF
front to the bear side by foreign deal
ers In Americans.
The depression In Leather preferred.
referred to above. unfavornbiy affected
others OF the Industrial group, The
railways were as rule quiet aside from
st. Paul and Louisville & Nashville in
which fairly extensive business was
done and moved within narrow limits
The downward tendency was checked
late In the dav and under moderate COW
ering by shorts. substantial gains were
made in a number of stocks.
The market closed firm in tone. with
the changes unimportant in either
direction.
The railway bond market exhibited
a considerable falling or in activity
and shading OF prices occurred In the
speculative issues. The aggregate sales
were 1.lss.000 shares.
Government securities ruled duh and
firm, with dealings aggregatlnE SIS. 900,
transactions In silver certificates
were noted at 6Sth for $4,000, Us against
20 the previous transaction on Monday
hast
Government bonds firm.
state bonds Inactive.
Railroad bonds heavy.
The total sales OF stocks to-day were
1000 shares.
Evening Posts financial cablegram:
LoNDoN-The stock markets opened
dull to-day, but rallied later. Consols
again touching ITO. African mines
were duh on che issue OF toe charter
cd company's report. which, however.
oouraEing points.
American railroad shares were FIAT
throughout. partly on the arrival Of the
silver discussion in Congress. Baltl-
more & Ohio was down s points.
Money Is Eight for che moment the
stock exchange pay day colnclding with
special requirements.
PARASITIC bourse opened dull, but
closed better.
BERI.IN--nhe stock market was life
less to-day. No activtty IL expected TN
,Sil the fate OF the bill FOR bourse re-
forms Is decided by the ReIchstag.