The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-05-08
FINANCE AND TRADE
Th- Features Of the Money aud stock
MArkets.


Markets.
NEW YORK, May Money on call
easy at lAGlIs per cent; last loan ~
per cent: closed offered at lHalH per
cent Prime mercantile paper 3i4a4 per
cent Sterling exchange irmer with ac-
tual business In bankers bills n;
81 s7I4q STis for demand and 81 sea
s6E for sixty days Posted rates
"a SslsRt 81 and 81 SSd4 Ssis. CONNER
ciaI bills 81 SJGfI Ssh. Silver certificates
COY G6lc. Bar silver 60l+c, Mexican dol-
lars 47i4c.
To-days market for stocks continued
extremely narrow and to the last degree
professional with nothing in IL that re-
fecied any general conditions or In
huences on values. The dealings were
even IN smaller volume than yesterday
and Western Union absorbed more
| than a nth Of the total dealings. 10000
OF It's shares chunginH hands during the
| day The general list moved over only
| q small fraction range and many stocks
remained Totally Inactive during the
| DAY. the large majority OF the transac-
| lions being distributed among q few
| stocks A tone OF some strength was
| Impaired to the market NJ times and
most notably, strange TO say lmmedi-
ately after the announcement OF an en-
gnCrment OF 100000 In gold for ship
mcnt to Europe tomorrow.
The strength was most notable In the
grangers. with the exception OF Omaha,
| which was one OF the notably weak
| spots in the market. The price OF the
| group generally was thus carried up TO
| a price equal to or above last nights
| close. Reports Of the good progress be-
| Ing made IN spring seeding IN the
| northwest was the faVorinG influence
| on these stocks and some small net
gains were shown In this group. The
| general railway list, on the contrary.
| was on an average fraction as the re-
| suit OF the days trading. the Wander
| bllts especially showing Il reactionary
| tendency. Omaha s1gged from the
opening. yielded "a per cent, but re-
| covered partially the loss. Tn. decline
was due TO selling OF holdings acquired
on the suppositi0n that another diyl-
dend might be declared this year. The
coalers also showed 4 cessation OF yes
tcrday's strength on largely diminished
deal ngs Other movements were al
most wholly due 10 special causes
The Could shares showed themselves
much nrmcr against bear Attacks than
yesterday. although the movement OF
| Western Union was decidedly erratic, II
lost ~, rallied rs per cent, ana hnAl-
~ again reacted ~ per cent, Marhnt-
ian also moved lrrcgularly over a range
or point. while Missouri Pacific was
comparatively steady. Chicago Gas re-
Elected the effects OF realizing and i'm
paticrce over the delay In legislation
| Tor consolidation.
The stock lost a point on the day, Lo-
cal gas stocks on the contrary, showed
continued strength. Tobacco Jumped
per cent to 7li5 per cent on mHnlpula-
ton. American Spirits preferred gain
ed Is per cent on the day. as n result
OF the favorable settlement Of some old
Claims Sugar moved In an er7atlc man
nar on conflicting rumors and closed
with a small net change. Northern Pa
cl1c preferred rose point early In the
day and maintained the gain, though II
fsll into dullnosg, London was small
seller pf shares on arbitrage during the
day AT higher level here. London
priceg for Americans however, lmpr0v-
ed untlcelby before the close there.
Standard oil liquidating certificates sold
at 3B7. -..,..,
irregularly with liquidation In Erie
prior lien fours the feature. The bonds
sagUcd ga per cent 20 SSh on
fhe announcement OF the dissolution OF
the agreement WIN VIC Hu''i " i.I,N
syndicate to retain their holdings ihs
changes In other issues we're trivial
with business very light, the total sales
nggrcuatlng only S72j.OOO,
Governments were slightly easier on
profit taking The sales were NIOoo.
The total sales Of stocks to-day were
III, 7lG shares,
Evening Posts London financial CO.
blpgrdm:
The stock markets were quiet, but
FIRM to-day on tho belief that an arms.
toe between Turkey and Greece will
soon be declared. Consols and similar
securities closed NJ the best Brazl5
alone were nat on the further fall IN
exchange.
with the settlement approaching the
restriction OF business II natural, but if
clrtsrn matters improve, grenter actlv-
ity H. looked Tor ~ tho next account
EnnIrs were steady on the gold fields
satisfactory meeting. az when the
scheme Tor new shares was approved
Practically Hil the money necessary
FOR the payment tomorrow on $500 900
from china to japan has been transfer
red 10 the Bank OF England, and yet the