The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-27
FINANCE N TRADE.
The Features OF the Money and stoc
Markets,

RAJ Features Of the Money and Stock
Markets,
NEW YORK, Nov. 2G.-Money on call
easy at 1902 per cent; last loan 1909
per cent; closed at . per cent. Prime
mercantile paper Sai1a per cent. sterl-
ing exchange strong, with actual bust
ness in bankers bills at "a S5%14 S5M
and at 81 S304 S31A for sixty days. POST
rates 81 S3ls@4 81 and 81 SGIh@4 81.
Commercial bills 81 seq, Silver certlh-
Gates 5SK Bar silver 5SAc, Mex
lean dollars 45&c.
The latter part Of the day showed an
improvement In business on the stock
exchange both In the volume of trans
actions and the Increase In values over
that recently prevailing. The Standard
railroad stocks, however, continued 10
be a good deal neglected and the move
ment OF prices in them was very mar
row. The whole list was depressed dur
ing the early part of the day under the
influence Of lower prices Tor Americans
in London and quite active selling here
for London account This was especl-
ally marked In st, Paul and this failed
to recover at any time to Wednesdays
close. Its weakness was due to the Oc-
toher statement of earnings which
showed an increase In net Of less than
$4,000. So far as this statement bears
on the general situation, 1t is to be ta-
ken into account that st. Paul's October
earnings last year were the largest for
the year. The later improvement In
the market left the railroad list with
net gains, but they were OF the narrow
est in any cases. The chief interest In
the market centred In the s~pecialties
and these all developed strength before
trading had been long In progress.
Manhattan was most conspicuous In
the dealings and advanced quite stead
lily and strongly throughout the day,
closing at a net gain OF 2M. There was
no news to account for the strength Of
this stock. Sugar also showed a mark
ed recovery from Its recent depression
and closed 2M per cent higher than on
Wednesday. Peoples Gas has gained
IL, New Jersey Central ~ per cent.
Delaware & Hudson over a point and
so on. Consolidated Gas Jumped up
and down over n range OF three points
and closed ut a net gain OF ~ per cent.
The DAYS trading reflected nothing In
the general situation, the news. OF
which continued to show Improvement.
The actual rate for long sterling OK
| change advanced II per cent additional
to-day. Some Of the demand for long
sterling is for use in the operation
which involves the len1ing of funds
abroad. There was also said to be
some buying OF long sterling for specu-
lntlon In the belief that rates of ex-
change win advance by the time It ma
lures. as the balance Of trade may nave
shifted by that time.
The bond market was falrly active
and prices were firm. Total sales.
81 10000. United States As coupon
wore Y per cent lower and the Us cou-
q Y pcr cent lower bid.
The total sales Of stocks to-day were
49, ZOO shnres.
Evening Posts London financial ca
blcgram:
The stock markets were IDLE n IT.
regular to-day, but most OF them were
steady until the close, which was llat
on various vague rttrors. Americans
were dull The Paris bourse was steady
and fine Bcrlln market dull,
80 [NA a uNN =