The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-04
FINANCE N TRADE
Tbs Features of the Money and stock
Markets.

market.
NEW YORK, Nov. 3.-Money on call
easy at 1h62 per cent; last loan . per
cent; closed offered at 2 per cent.
Prime mercantile paper $685. per
cent. Sterling exchange firm with ac-
tual business in bankers bills at 81 S5is
for demand and at 81 S2i94 S2& for 60
days. Posted rates 81 S5q4 S5ls and
81 S6Q4 S61s. Commercial bills 81 SIN.
Silver certificates 57q5Sl4c. Bar silver
5Ghc. Mexican dollars i3&c.
Heavy prices and a duh market were
the conditions on the stock exchange
during the greater part OF the day, but
in the later dealings a more active
liquidation set in and the trading be-
came more animated than at any time
previously, prices falling to the lowest
OF the day and remaining there prac-
tically to the close, the low point rep-
resented to the declines running all the
way from a point to 5ib, the latter in
Sugar. A great many prominent stocks
have lost over 2 points on the day sew
eral or the grangeIa nj c0alers being
conspicuous In the list. The prices for
American securities quoted in the Lon
dan market nj the time OF the opening
hNlfE HAlbNNN AAA . NV ~
later reports showed that the results
Of the elections yesterday had aroused
considerable %unfavorable sentiment
amongst security holders abroad. This
market took It's cue from London and
the opening showed declines rather in
excess OF some Of those reported from
abroad. There was some buying in this
market at the lower level for London
account, but this probably represented
arbitrage operations to v sales
made In London earlier in the day. 1t
had the effect, however, OF steadyins
prices. a sensational jump OF 10 points
in Consolidated Gas and gains OF "a In
Manhattan and OF the same amount In
Metropolitan Street Railway also Berv-
ed to check any declining tendency.
These gains were accompanied by ru-
mors that the properties affected were
assured Of immunity from hurtful
measures as Il result OF yesterdays
election in New York. That the gains
we're manipulated was shown by the
fact that they were wiped out during
the day IN the case Of tne two last
named, and Consolidated Gas reacted
GR points. Sugar was a center of weak
ness all day and II developed that this
was due to a prevalent OF the
illness OF nm officer OF the company.
which was used with good effect by the
bears. The stock fell successfully 5h
points, closing Mt the lowest.
The coalers were all very notably
weak In the latter part OF the day and
their net losses range all the way from
2 to nearly 4 points. tile latter In New
, Jersey Central. Northwest, Omaha, st,
Paul and Burlington also over 2 points
ON the day. The special weakness Il
the conlers vas caused by statements Of
the continued unfavorable condition OF
the coal trade. The trading was large
~ confined to the professional element,
who are bears for the time being, and
who urged that yesterdays elections
Indicate a growth Of sentiment in favor
OF restrictions on capital and corpora
lions. The later decline In the market
dIslodged GONE stop loss orders, but the
fact that the total sales for the day
were only about 100000 shares shows
that the liquidation was not heavy.
Business In railway bonds was not
on n large scale, butp rlces were weak
In sympathy with stocks, Ransas Pa
cllc oonsols fell IN. Total sales Si,2OO.-
900.
The total sales Of stocks to-day were
32i,3lD shares.
Evening Posts London financial Gu
bleEram'
The stock markets to-day were utter
" stngnant and featureloss. There WA
n slight disposition to raise Americans
nhnvo the New York parity, but the
attempt was too feeble to have n
eject. The future NJ the market awaits
the New York lead Money In a tribe
more plentiful, because The banks arc
dlprountIng more freely. All loans due
10 Inc Bank Of England to-day were
repnld. learn, however, that the bank
ls again borrowing on %cOhsols, thus In
dlcntlng u continuance Of the recent
policy. The Paris bOurac was qulet ana
the iicrlln market dull
BONDs AND STOCK QUOTATIONS.
u. s. new is reg lTH Northern rng" ~
n y IL H.. IDfO. IL. A Nuv,. "a