The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-09
FINANCE AND TRADE
This Features Of the Money and Stock
Markets.

AIANhNAAs
NEW YORK, Sept, s.-Money on call
easyatINGlls per cent: last loan ~ per
eeat; closed at lAGlia per cent. Prime
mercantile paper S9i@4la per cent. ster-
ling exchange firm, with actual bust
ness in bankers bills at 81 sGi4Gi ssIs
for demand and at 81 s3%G4 81 for
sixty days. Posted rates 81 SllsG4 S5lA
and "a ssls@4 S7ls, Commerelalbtlss4 So,
Silver certificates jSq54c, Bar silver 5Sc.
Mexican dollars 42Ac,
To-day's stock market was very ir-
regular, but 1t was much less under
manipulation than for over week past
and the general tone was one OF
strength. There was realizing on a
large scale all day, but the offerings for
this purpose, were more naturally alb
sorbed There was no one stock lifted
by sensational jumps TO stimulate buy
Ing OF those realizing offerings, con-
dition In marked contrast to the invar-
liable rule for many days past. Northern
Pacific preferred, which was the stock
under manipulation for rise yesterday
was rather drag on the market all day
to-day and lost point of is gain the
common stock showing fractional adj
vance. The course OF the market was
downward at the opening, the interna-
tlonals and grangers leading In SYM
pathy with the declines In Americans
on the London exchange. Strength de-
Veloped In a number OF stocks which
stemmed the decline and carried prices
to the best of the day. Profit taking at
the close caused the loss Of part of the
gain, so that net changes In many of
the leading shares are of very narrow
proportions The decision of the Atch-
ison directors to pay per cent on the
adjustment bonds out OF the earnings
for the year, ending June 30, directed
attention to the securities of that com
pany and all OF the stocks and bonds
were very active and very strong all
day. The preferred stock which has
been held down by realizing sales for
some time past, opened off u per cent.
but rosa at one time az points from the
lowest. Profit takings at the close re-
duced Its net gain to III per cent. The
adjustment bond gained point net.
There were 10000 shares OF the pre-
ferred stocks during the day. New York
Central lost point IN the early deal
ings, but more than recovered 1t on the
publication OF the statement OF August
earnings. showing an increase of 1885,
2l9. The grangers moved very mar
rowly all day and showed q large fall
Ing off In activity, except st, Paul, which
came next to Atchison preferred, with
sales OF $4,000 shares. The stock deciin-
ed fractionally at the opening. but
rose strongly rs per cent, and fell off
fraction at the close on proht-taking.
Sugar was subjected 70 a rush to rea-
lie when 1t became known that the d.
rectors had declared only the regular
quarterly dividends of per cent on
the common and ~ per cent on the
preferred stocks. II had been rumored
that an extra dividend would be de-
cIared. After rising to 1861 after the
opening, the price fell to 1913 and tiuctu-
ated In very erratic manner, but clos
ed at recovery OF over points The
preferred stock also fell over 2 points
Notable gains were made by the lead
stocks, the common gaining nearly two
points and the preferred three points.
Illinois Central gained ~ per cent on
reports of large increase In the earn
ings. Louisville, Southern preferred and
Mobile & Ohio recovered point or
over of their early depression, which
was due to the yellow fever scare
There was some movement in stocks of
soft coal roads on prospects OF settle
ment OF the miners strike. Wheeling &
Lake Erie preferred gain ga per cent.
Consolidated Gas jumped points over
Yesterdays high record price to 207%. |
Other notable gains were Canadian Pa
ctfic 3; Chicago & Eastern Illinois 40,
and Cleveland, Cincinnati. Chicago &
St. Louis preferred per cent, Cotton
Oil lost q point, Iowa Central preferred
IL per cent; Oregon Navigation pre-
ferred point.
Dealings in bonds were OF large pro-
portions and at higher prices, Total |
sales S4,5O00O0. The Atchison, Northern |
Pacific and Union Pacific; Denver Il |
Gulf Issues absorbed the bulk OF the |
dealings.
United States bonds were higher the
old tours coupon being quoted at llSA
bid, rise of Ac.
The total sales OF stocks to-day were |
597 .692 shares.
Evening Posts London financial ca
blegram:
Americans were very dun at the open
ing of the stock markets here to-day, |
but later recovered under the New York |
lead. After the experience of Monday,
the dealers are not at oil anxious to |
strike out an, independent course and
will look to Wall street more than ever
for guidance In fixing quotations. Hope
full views are entertained. but there is
no inclination to support opinions.
The other markets were quiet and
without special features.
The Berlin market was weak and
that in Paris was quietly steady.
BONDS AND STOCK QUOTATIONS.