The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-10-30
FINANCE AND TRADE
Ths Feature. 81 tbs Money and stock
Markeis.

NEW YORK. Oct 2s.-Money on call
easy at lis@2 per cent; last loan per
cent; closed at . per cent. Prime mer-
cantlle paper sAG4h per cent. Sterling
exchange steady. with actual business In
bankers bills ut 81 S5h "a S5N for de-
mand and at 81 S2Sd4 s2Ss for GO days.
Posted rates 81 S3a4 S3ls and 81 S6l
I S64. Commercial bills 81 sla4 S1is,
Silver certificates 5SisG60c. Bar silver
5S&c, Mexican dollars 45Isc
The stock market was apathetic and
almost stagRant to-day, brokers and
operators APPARENTLY being taken up with
politics and the complications preclpi-
tated into the approaching contest by
the days events. The recent and con-
.tinuing strength In the wheat market
has also tended to divert some share OF
speculative activity into that channel
Though trading was restricted In vol
ume the market was quite strong
throughout and only once during the day
did prices sag shade below last nights
level, Sugar gave some evidence OF
weakness and II was decline OF nearly
points in this speciality which weaken
ed the list. Consolidated Gas was also
weak and lost points on the day. Other
wise there was no stock which manifest
ed special weakness and Sugar recovered
before the close The grangers were
strong on the Burlington statement for
September, showing an increase for
gross earnings OF nearly 81. ESQ, 900 and an
increase In the surplus after charges OF
nearly S650,OOO Reports were current
also OF continued heavy earnings during
the current month. Nevertheless Omaha
led the grangers with net gain OF over
a point, The southwestern stocks and
some OF the southerns were quite strong
on the belief that the yellow fever out
break would soon be ended by frost. A
number OF these stocks show net gains OF
a point or over, The coalers recovered
during the day all OF the losses which
they suffered yesterday. their net gains
running between l and points and In
the case or Lackowanna extending To 3
points. Union Pacific rallied somewhat
from lite recent losses, the buying being
encouraged by Londons example and by
rumor that large short interest had
been created In London In connection
with plans for an opposition syndicate to
bid at the foreclosure sale. London was
buyer OF various other stocks also In
this market The exchange market held
about steady at the recent decline ana
the money market continued easy though
with leaders inclined to hold back pend
ing the completion Of the arrangements
for the payment OF the governments
claim OF the Union Pacific and OF its re-
turned obligations on maturing bonds,
The total sales po-day OF all stocks were
! only about 10000 shares. which Is a low
er figure than has been shown for many
months. Sugar, Burlington, st. Paul
and Union Pacific absorbed considerably
over half OF this total.
The feature OF the bond market was
the sharp decline in Kansas Pacific Con-
soils, which sold at Sc, decline OF 81 per
cent The Union Paciflcs 6's of SO trust
receipts also lost ~ per cent Total
sales Sl,6l5,OO0
U. s. new As coupon were advanced z
per cent bid.
Evening Posts London financial ca
blegTam: p
The stock markets were idle and ir-
regular to-day. Consols were again bet
ter on the belief that the worst OF the
monetary strlngcncV is over for the
| moment,
Americans opened dull, rallied sharp
" on Henry Georges death, but closed
duh on New York prices.
The Paris and Berlin markets were
| dull.
The total sales of stocks to-day, were
1Sl,4OO shares.