The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-03-11
FINANCE AND TRADh
Tbs Features Of tiiS Money and stock
Markets.

AHS FfAANEe4 o. Aln money anu STOCK
Markets.
NET YORK. March Money on
call at llsalM per cent; last loan ~ per
cent; closed offered at lhdl% per cent.
Prime mercantile pepper 2Qi per e. t.
Sterling exchange lower, With actual
business In bankers bills at 81 STdI S7l
FOR demand and 81 S54Q4 S5% for 60
days; poWcd rates - SGls and 81 $50
Ssh; commercial bills 81 SAY. Silver
certificates GS4a6lc. bar silver 6Ss;c.
The stock marke, occupied position
To-day similar to that OF Mr.. Micawber
In his expCctant moods, except that there
was 4 notable lack OF the jaunty and
buoyant confidence which would have
made Mr. Micawber Il bull in Wall street.
on the slightes, provocation. Wall stree,
on the contrary has been determined to
take 20 notice OF very many favorable
factors IN the general outlook and to In
Sist on definite knowledge on une or two
subjects In the immediate prospect be-
fore buying stocks with any great
amount OF enthusiasm. One OF these
subjects Is the final decision OF the pow
erS OF Europe as 10 whether they Will
agree or disagree on the disposition OF
Crete. ana It's inhabitants. Although q
much better tone was reflected from the
European exchanges to-day the dealers
here apparently fear that the:e Is still
further matherial for damage OF values
In the situation and the market was even
more restricted than Of late. Barely
10000 shares changed hands on the ex-
change to-day. and OF these fully two
iirths were OF Sugar and Tobacco stock.
There were wide gaps In the list showed
stocks tn which there was not single
transaction or bid to record, OF the an
thraclte coal group. there was not a sim
gle sale In any stock but New Jersey
Central and Reading. The arrangement
announced yesterday, by which the Lee
high Valley road comes under the same
control As the other coalers Is regarded
as promising well Tor the value OF this
group. but II had NO eject on transact
tlona in this market. New Jersey Cen
trail declined, huth subsequently recover
ed. The international shares were
slightly higher In sympathy with the
London market. The declaration OF SOW
crnl dividends usually calculated to give
tone to the market, passed without
notice. Encouraging reports OF the cur
rent earnings OF railroads. and the pros
poets for traffic were equally without eff
feet on the stagnancy Of the market.
Tobacco was most largely dwelt In or
the stocks and rose strongly 2ss per cent
To 70 Sugar moved narrowly on lighter
transactions than usual. Manhattan
loJt slightly and Western Union rose Il
per cent, partly on the publication Of the
ouarterty report and partly on aPP9F-
cut efI,rt TO adjust the relative price or
these S,Ocks to the new per cent basis
For Manhattan to per cent for Western
Union. Tha changes In the railway list
we're insignificant. The market general
~ closed firm at slight improvements.
The bond market arm.
Governments dull:
The total sales OF stocks to-day were
90, $50 shares.
b,cCrnm: The stock markets here open.
ed dull to-day, but. although no bust
ness was done except by professional
operators, the tone was better all
around, the bears covering and prices
al the finish we're at the best, ConSolS
wore ll2lL buyers KaiilrB spurtcd
sharply. but a squirt in that direction
nv no means necessarily Implies more
peacefuI prospects in South Africa.
Americans were steady. There was
no business In them. but the holders
nDncar confident OF n moderate rise.
The settlement commenced to-day
shows n small account and easy money.
Contangocs on Americans are 3pS1s
per cent. .,. ,,....
unsettled.