The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-29

ward course OF prices, and any steady
Ing OF the market or recovery brought
intense dullness, indicating the weak
undertone. Conditions nevertheless.
all continued favorable as pointing to a
further increase IN real values Of prop
erty. Railroad earnings all CONTINUED
TO show Improvement For the third
week In September Norfolk & Western
reported an increase OF SIS, sol, and the
Baltimore & Ohio Southwestern, for the
same period, reported an increase OF
$40 $50 The August statement OF the
Atchison company showed an increase
OF the total income from operations OF
S2l35S3. London sent higher prices at
the opening, and was puyer OF stocks
all DAY, presumably to meet the settle
rmeht which was in'progress there The
report that the government had assent
ed to the foreclosure sale of the Union
Pacific on the terms proposed by the re-
organization committee with only
slight modification. created a demand
for the stock of that company. and
served to steady the list generally to
some extent The development OF inter-
terest in the money situation was u
hardening tendency or domestic eN-
change on New York at some western
centers, indicating some relaxation OIL
the drain on the New York money re-
serve. Local money rates, however,
continued firm and foreign exchange
steady. This steadlness OF foreign eN-
change lssattributed to the covering OF
recent gold importatlons at San Fran
cisco. The net losses Of the day extend
ed from a fraction up TO points, the
high-priced industrials, the coalers and
the grangers, especially Omaha and
Rock Island being the most cOnsplcu-
Gus sufferers, Consolidated Gas lost
4 points net; Sugar 2A and Chicago Gas
az. Laclede Gas, Cotton OH preferred
and Pittsburgh, Cleveland, Cincinnati
& ST. Louis preferred show gains OF a
point or over,
Bonds . moved In sympathy with
stocks. Total sales We're only S,5OO,OOO'
The total sales OF stocks were 3IO,-
800 shares,
Evening POSTS London financial ca
bleeram;
The stock markets were quiet today,
attention being confined 10 the arrange
ment OF the account of the settlement,
but the tone was better than for some
TIME past anu lllt ma h'No lbNNA'S ~
orally healthy. The rise In investment
stocks is due to the indefinite idea that
money may not get much dearer SIN
months English treasury bills for 2,OOO,-
900 pounds were allotted to-day at an
average OF per cent, which assisted
this notion OF easier money.
Contangoes on Americans were S1sd4
per cent
The account was not specially large.
The tone was good and there was a
slight disposition here to deal for the
new account but the New York selling
tonight surprised and discouraged the
operators and prices closed weak.
Canadian Pacihcs, were especially
strong, as we're also Grand Trunks, Min
ers were distinctly better. Unless some
thing Unforeseen occurs, the new ac-
counts bid to be fairly active in most
markets.
Bar gold was quoted to-day as low as
us lO%d, but too much stress must not
he laid on this decline as there are no
buyers or sellers at the moment.
The Paris bourse was dull. The action
Of the government In regard to silver Is
closely watched there. The Berlin mar
ket was steady,