The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-12-04
FINANCE Am TRApE
Tbs Features OF the Money aud stock
1Ynrlefs.

$50 - 49, N@NNNN N%@H ah"NN@
Markets.
NEW YORK, Dec 3-Money on call
easy at nae per cent; last loan per
cent; closed at l%G2 per cent, Prime
mercantile paper sqSis per cent. steFl-
ing exchange easy, with actual busl-
ness in bankers bills at 81 $50 for de-
mand and at 81 ssa4 s3is for sixty days.
Posted rates 81 Sidi 81. Commercial
bills 81 S2ls Silver certificates 5spsg
6Olsc Bar silver 59Ssc. Mexican dollars
467sc.
outside buyers had withdrawn from
the market to-day and the field was APP
parentlg left to lie fallow By the large
operators who have been prominent In
the manlpulatlve movements OF the
week The heavy throwing over OF
stocks by large operators yesterday 70
realize and by others later TO save loss
es was what discouraged the outside
public he bears were In evidence
| from tlnis TO time, but their offerings
seemed 10 he well absorbed without eff
fecting any marked declines There was
no evidence OF any effort to mark up
prices. The action OF the market suS-
gests that large operators may be at
tempting to pick up line of stocks at
the decline before pushing prices NJ
again with the purpose 10 realize while
the public Is still buying, as was done
on Monday and again yesterday Sugar
| was exceedingly active all day and act
ed in a very feverlsh manner, This
was partly due to realizing on stock
bought In anticipation of the treasury's
decision to apply the c0unterval!ing
duty to Sugar imported from the
Netherlands and partly to confusion OF
mind as to how far the dlfferential on
refined SUGAR would inure to the bene-
| fit of the sugar company, A large por-
tlon OF the speculation was taken up
with the offerings and the weakness in
creased as the day progressed Union
Pacific manifested some weakness at
times on account OF the firmly express
ed intention OF the government 10 quail
lfy as u bidder at the Kansas Pacific
| sale so as to protect Its interests II nee
essary, by bidding in the property. De
| mails were also offered on behalf OF the
reorganization committee that any
| agreement had been arrived at with the
government for acquiring the subsldlz-
ed norton of the line In Kansas. There
WAS HOuu HuHpNAA IPfAAN hN 80 -.
stock, Notwithstanding this published
news and the Kansas Pacific consol
SKIES trust receipts We're also steadily
held. The wild and irregular movement
| OF some speclal stocks kept the general
list very much unsettled during the
day and Il was difficult to discern any
marked general tendency in the trad
ing. London was again a seller OF
n nNtnnt
There was little general news bearing
ON the situation and the movement OF
prlces was due almost entirely 10 tech
nicaI causes. The fourth week state
ment OF st, Paul and other roads ana
the estimated gross earnings OF Rock
Island for November were regarded as
favorable, but had little effect on the
market. The late squirt In Manhattan
10 1O5. n net rise OF three points, stiff
fened prices and brought many of them
above Yesterdays closing level. Other
wise losses would have predominated.
The rise in Manhattan was due to n
false rumor that the underground rap
i'd transit plan had been declared I'M
constitutional
The business in bonds was somewhat
| curtailed, hut still large, Pclces held
firm Total sales. S2,j9O,0OO.
There was an advance In the bid price
OF United States 2s OF X per cent and
OF the new As of II per cent.
The total sales Of stocks to-day were
$4,000 shares.
Evening Posts London financial ca
blegram:
The stock markets here were stagnant
and Irregular to-day English rails
were good during the day on better re-
ports as to the strike, hut the close was
uncertain on report that the engineer
ing employers are TO submit m ultl-
matum to the men, which 1t Is feared
may be refused.
Americans opened rather dun on New
York prices, but rallied later and show
ed considerable backbone The contin-
ued absorption OF bonds by New York
IS almost phenomenal. South Amerl-
can stocks recovered yesterdays fall.
The market to-day had to pay for o.
100000 pounds OF india bills, thus caus-
ing rise in short money rates and
| fresh borrowings from the Bank OF
England. II Is believed that the hank
has temporarily acquired control OF the
India money just raised Gold Is 71s
lthd.
To-day's sharp rise In the Berlln and
Hamburg discount markets surprised
London. It comes unusually early In
the month.
The Paris bourse was firm on buying
OF international stocks and mines, and
the Berlin market was quiet.
bonds AND STOCK QUOTATIONS.