The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-04-09
FINANCE AND TRADE
tbs Features OF the Money ana stOcl
Marksla.

Tbs Features OF the Money ana stock
Markets.
NEW YORK, April S.-Money on call
easy at 1909 per cent; last loan III
per cent: closed offered at im62 per
cent. Prime mercantile paper SI5Gf
per cent. Sterling exchange ilrmer
with actual business In bankers bills
at 81 S71l SIN for demand. and az
81 S5&df4 Sc for Gu DAYS: posted rates
81 S6h and 81 SsIi ssh; commercial
bills 81 So Silver certificates 6l&0
62hc: bar silver 6l%c,
Their was an unmistakablc improve.
ment in the tone OF the market for
stocks to-day over that which has pres
vailed OF late. The market was not ac-
tive, but there was good buying In many
stocks, and the general list was firm.
the heavy liquidation In number OF
stocks, which has been Il depressing In
huenee, having apparently come 10 an
end for the time being at least There
Was IA disposition to feel various points
In the market. and where resistance of
values was found there was n buying
OF the stock The general average was
higher at the close than Rt last nights
close. Apparently no apprehension was
caused by the notifications OF the roads
in the Joint Traffic Association by the
Interstate commerce commission calls
Ing for Information regarding their
contracts, agreements not reduced TO
writing and rates. II was rather felt
that this would serve TO bring into line
the roads which are not disposed to
maintain rates and thus serve the same
purpose in maintaining the ASSOCIATIONS
rates as the western roads seek in
agreeing to inform the commission Of
any discrimination in rates that may
come to their knowledge. The EranE-
ers held firm to-day, being favorably
affected by the recovery in the wheat
market. All showed gains which reach-
ed IA per cent in the case OF BurlInG.
ton and / per cent in the case OF ST.
Paul The Southwestern shares did
not share to the full In the general Inn
provemcnt in the railway properties,
but the industriRls and specialtles must
be looked to for the main activity OF the
market. The CORlers showed recuper.
Rting tendency. New Jersey Central
gained ~ per cent. and LackRwanrn
2ss per cent. the latter on extremely
limited dealings. Sugar was far in the
lead In the market with third Of the
total sales OF the day on the exchange
to its credit The aggregate OF sugar
sales numbered $4,000 shares. These
| enormous transactions had no other
visible motion than the conflicting Cos
sip OF the board room as to whether
other buyers or sellers did or did not
act for inside interests in the opera
tons. There was a steady advance In
the price under this buying, TeachlnS
2la points TO HIN at the close. a large
! part OF this buying was sGid 70 oe ~
| short interests. ad II had Its eject In
RAISING prices in the general list. The
| shorts were also In evidence In ChiCnEo
| Gas in which the dealings were heavy.
| dealers who sold earlier in the week on
| protested alarm over the municipal
| election in Chicago seeking to cover.
| The stock rose lis per cent Local gas
| stocks were also prominent In the day
| improvements and reflected the shtis-
| faction OF holders with the bill passed
| by the senate Mt Albany for progressive
reduction in price OF gas five cents n
| wear 10 81 thousand cubic feet Con.
| solidated Gas gained 3 points and
| BROOKLYN Union 3A. Tobacco was tenn
| porarily depressed on report OF a cut
| price for plug tobacco by n compeu-
| tor. but inside support was forthcoming
| and the stock rallied to net gain.
Leather preferred was also heavy at the
start. but later rose ia per cent with
the general Improvement quite nm ac-
tive demand for the Gould shares devel;
! oped In the last hour OF trading, ana
! Manhattan gained IL and Western
| Union ~ per cent Standard OIL
touched 295 on reports OF an intended
Increase in the capitalization. Canals
an Pacific showed an advance OF ga
per cent, and Pullman OF point The
| closing was strong and In nearly all
cases at the highest level OF the day.
The bond market developed fair de-
gree OF activity, but changes were un-
usually narrow
| hnafn FttlnA uFEa
The total sales OF stocks to-day were
Evening POSTS London financial ca
The reduction in the bank rate Of
discount stimulated all the stock mar
kets to-day Business was not actual
| " active, but was better than Tor some
time past, and prices at the close were
| near the best Consols were ll2 Div.
| Home rails were bought IN view OF Eas-
| TOR traffic ArGeptines are still rising,
Americans were irregular, but firm on
the whole in sympathy with other mar
| keig and the close was strong at the
hest KRflrs we're dull because OF the
pesslmIstIc reports in the market, which
are probably exaggerated, Bar gold
was in strong demand. but there VIII be
practically no supplies until tomorrow
to test the price.
Following the decline In the BANK
rate, the Joint rates OF the banks re-
duced the rates by Z per cent. There
was no further change by discount
houses, but reduction Is expected
| soon.
The Paris bourse opened unsettled
but closed strong on the London mar
ket The Berlin market was steady
BONDS AND STOCK QUOTATIONS.
New u. s. Is regi2i,i Nash. 4 Chat. &C