Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-09-17
FINANCE AND TRADE.

NEW YORK, September 16.-Money on
call. firmer at 1la@s4 per cent; last loan,
| IL per cent; closed offered at IL per cent.
Prime mercantile paper, 4Q41s per cent.
Sterling exchange, weak with actual bus
mess in bankers bills at "a Slzs44 90 lor
demand and at 81 S819@% for Gu days:
Posted rates, 81 S312@4 SAY and st So1s9
4 S6Ia.
Commercial bills, 81 50.
Silver certificates, o6QoIc.
Bar silver, 5os4c.
Mexican dollars, 43c.
GovernmentS-Easier. 80
U. s. IS registered ................ 70 >,,o,,
Y. s. As registered ............1 isaiiii114
U. S. As coupons $3.50. ........... liot2ulif
New u. S. As registered .......... l26is
New U. S. As coupons .......... 129129 gi1oa,
U. S. IS registered ........... li4Aglii1144ss4
Pacific IS OF 's5 ..................1 o2
States-Dull
Rairoads-Easier.
Stocks-The market closed this evening
with a general level of prices lower after
a day of great irregularity and constanI
movement up and down of the whole llsl
over 9. narrow range. quite large nun
Der of shares showed small fractlonal
gains and a few stocks show notable rises,
but the grangers, Vanderbilts, trunk liles
and trans-continental lines as Wnoie
declined in value during the day. This IS
true notwithstanding the fact that L0ho S
was a buyer of favorite stocks all the
day and all the general news as TO improsff
railroads continued to favor advancing
prices. Prices were in fact higher at the
opening, but liquidation quickly set IN
and prices generally receded. The closing
market of accounts of a failed firm under
the rules of the stock exchange had some
thing to do with the undertone OF heavl-
ness which was manifest all day. the
fear of interrupted traffic in the south
from yellow fever also depressed the price
of railroads in that region. and sympathet-
ea the Mh1 be @ Ine Marley early
in the day had the effect of discouraglng
hope of the early importation OF gold, ana
this had its influence in aiding the re-ac-
ton This had the greater effect OF the
hardening tendency Of the money market,
asking rates for call loans being. as nigh
as 21a per cent. Themarket weakened on
the exchange market in the last hour,
and served to steady prices to some ex-
tent, the decline not only being checked,
but recoveries being shown in the closing
transactions of stocks. Posted rates for
both long and short sterling were reduced
1ac to 81 50 and 81 ssh respectively. The
rate of exchange in Paris was also weak
Bank of England in maintaining its min
imum discount rate at per cent. in face
OF the continued decrease in its reserve
and IN its stock of bullion that London eX-
poets Paris to supply the first demands Of
this country for gold. But the Paris eX-
change on London recorded a fall to-day
which would naturally tend to weaken
the force of the New York exchange de-
mand on Paris. The heaviness of to-day's
market was mitigated from time to time
by the strength manifested by special
stocks Northern Pacifc issues were at
one time in special demand and showed
marked advances, as was also true of
Consolidated Gas, .Pittsburg, c., C. and
st. Louis. Great Western and Minneapolis
and st. Louis stocks. All of these react
&c from the best. but most of them re-
manned at net advance over last nights
close. Pittsburg, c., c. and St. Louis
common and preferred snow net gains of
l$sq2 points respectively. In the Mime
apolis and St. Louis stocks all three are
left with net advances of 2 points or over
The total sales of bonds were of par
value of about So, COO 600.
Total sales of stocks to-day were geo, OO9
shares.
Quotations closed bid.