Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-06-11
FINANCE AND TRADE.

NEW YORK. June 10.-Money on call
easy at 1dll4 per cent; lasJ loan per cent;
closed offered at l per cent.
Prime mercantile paper, 33444 per cent.
Sterling exchange. steady, with actual
business i'm bankers bills at 4S67sG4S1 for
demand and al 4S52,G4S6 for 50 days.
Posted rates 4SGiaH4S, and 4S.
Commercial bills, 4N5i2.
Silver certificates. 5S{s.
Bar silver. 1875.
Ne Nicau dollars. AS.
GJVerumeutS-S
StCcks-To-ddy showed the largest vol
ume of trading of the stock exchange Tor
this year thus far, the total sales OF al
stocks being $50 600 shares. The dealings
were we'll distributed throughout the list
many stocks that have lain dormant Tor
long time being called into activity by
the awakened demand for securities
among the outside public. This demand
was indicated by the good commission
house buying. But there was also quite
extensive commission house selling on
stocks pointing 20 the probability that
the continued steady rise in prices has m
Vited the marketing of some holdings that
have been kept back Tor long iurn IN INC
marked strength of the markt during all
the early portion of the day. was accom-
panied by more or less CeSultOry selling
To take profits. but up 10 The ma! hour
of trading an these offerings We're absorb
cd without any marked effect on the mar
kct But heavy realizing movement IN
the nnal hCIp wiped out large part OF
the earlier gain in most securities ana all
of il in quite q number.
The heavy liquidation of sugar was the
main factor i'm the market. the selling be-
ing increased by some disappointment that
the sugar SChedu!5 of the tariff bill had
NOS passed the Senate when trading closed
and 10 re-awakened apprehension that il
might De changed In conference between
the two houses so as to lessen the pro-
lection on refined sugar. The resulting
weakness or sugar was as enectlNe III
depressing the market, in view Of the large
volume of its sales as its aggressive
strength i'm the morning mad been Pm SuS-
tanning IL. The response OF the Loncoh
market for Americans In Yesterday s late
strength here also gave strong impet us
20 the early advances. London was also
ca buyer here 10 a moderate extent of all
The special favorites OF that market. There
was some disrUSt felt of this London buy
ing by professional traders on the ground
: that IL may DE for Il short turn of the mar
k5r and is likely 10 come back here Tor
sale soon. The Changers were actively
/ traded for all day ST Paul leading both
iu volume of transactions and in extent
Of the advance which reached point.
/ Its reaction was also less than the 9th
srs OF the group. which lost practically
all their gain, Rock Island showing net
loss. Sugars fall from the high point was
2@,C. but a final rally left its net loss fraC-
tlocal, The codlers We're also nobly act
i've and strong. New jersey Central adj
Narced 3is. Delaware and Hudson 2l2. and
L1Ckawann2 and all three Reading stocks
over a point. the latter on very heavy
transactions Lackawauna held the gain,
bat the others reacted, New Jersey Cen
tral and Delaware aud Hudson gaining
. points net and the Reading stocks q
fraction.
Tobacco was active on manipulation and
closed practically unchanged. The iron
and steel companies were notably strong
and reacted only a fraction. Illinois Steel
advancing 2i2. Minnesota Iron and Ten
neSsee Coal and Iron IL. The Vanderbilt
stocks all showed strength, Canada South
crn and Michigan Central gaining ~ and
the New York Central and ST. Louis stocks
over q point. other gains in the group be-
ing fractional Northern Pacific preferred
was very active. but moved very narrow
ly. Louisville and Nashville gained IA.
Lead preferred advanced , points, Nor
folk and Western preferred IL, 81. Paul
and Duluth points. The new securities
of the ST. Joseph and Grand Island rail-
road were dealt in for the first time, the
first preferred ranging from 80 down to
S1St. the second preferred from l. to II. and
the first mortgage bonds from 62@s TO S..
Western Union continued notably active,
advancing rs. but re3cung point. The
closing was weak. but slight net gains
We're the rule. The total sales of stocks
to-day were 345.3i5 shares.
Quotations closed bid:
New L. :. is Registered ...............12iIt
New L. ;. IS Coupons ................1 PAS
l.. $ IS registered ......................l13 1872
L. :. IS coupons 80. .......H...........1l 3la
L. 5. Is Registered ..... ..............1102i
L. :. IS Coupons ..... ... ...............1l22t