The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-07-01
FINANCE AND TRADE
THIS Features OF the Money aud Stock
Markets.

Markets.
NEW YORK. June sO.-Money on call
armer at 1909 per cent; last loan III
per cent; closed at lH@lh per cent,
Prime mercantile paper 3Gl per cent,
Sterling exchange dun and steady, with
actual business in bankers bills at
"a S7q4 s7H for demand and at 81 $40
4 So for sixty days. Posted rates
81 SGlL6l4 S7ih and 81 $500 SSla. Com
mercial bills 81 S5M silver certificates
COL hg0hc. Bar silver 6OBc. Mexican
dollars fkc.
To-day's market for securities was
not distinctly reactionary at any time,
as was Yesterdays, but there was a
lack OF aggresslveness In II and
manifest sense OF rebuff among the bull
contingent The admonition contained
by Yesterdays lively selling by Lon
don selling that the advance in the
prices was golug too fast, even II II
were not going too far. was taken to
heart and had a quieting influence.
There was a general llstlessness OF de-
meanor shown by the bulls and the
buoyancy was taken out OF prices gen.
orally. This was the more notable as
there were not such hearty offerings TO
realize pIOHlS 40 NdS AhO NosS S''sNA
dag, The result was dull market,
compared with recent days, although
the total sales OF all stocks approached
200 900 shares. or these over $1,000
were of St Paul and the addition OF
sales OF Sugar Burlington. Chicago
Gas, Rock Island and Northern Paci-
fc preferred leaves less than half the
total still to be accounted for. 50 far as
general news was concerned, there was
no change in the encouraging outlook
which had accompanied the long and
steady advance. Crop advlceS contin-
ued good, such railroad earnings as
we're published were not dlscouraging,
the likelihood was strengthened that no
gold would so out this week and the
money market displayed n distinctly
betted tone than for weeks past Rates
for call money were held at from lkq
IL per cent as against lG1A per cent
for a long time past Merchants and
importers were in the market for loans
on Imports and to withdraw goods
from bond and the demand for money
to put into stocks and securities con-
tinued After the opening depression,
the bulls DID I'm fact, carry prices very
generally above last nights close. The
grangers and coalers were particularly
strong In this upward movement and
the former crowd the tlrmest resistance
to the decline, Stocks which rose q
point over last nights close, were Su-
gar, Rock Island, Consolidated Gas,
Delaware & Hudson and New Jersey
Central The subsequent reaction WHIP
ed out the gains through the whole list
and the only important stock TO rally TO
a net gain were Delaware n Hudson.
point, md Rock Island, Manhattan and
Tennessee Coal, fractions. Net losses
were general ut the final rally and ex-
tended to a point In Laclede Gas pre-
ferred, Lead, Pullman and Tobacco.
There were a few special causes for
depression of individual stocks such as
the apprehension as the Sugar sched-
ule OF the tariff bill would be changed
so as to lessen the protection on refined
sugar. Northern Pacific reflected the
belief among security dealers that the
plans for the harmonious operation of
Northern Pacific and Great Northern
had come to pause through differ
ences between President Hin and the
Northern Pacific voting trustees. II is
probable that Industrial shares general
ly reflected some apprehension caused
by the result of the trial of the Tobac-
co company officials for combining In
restraint of trade, although Disagree
ment showed ten jurors for conviction
The bond market was Inactive. but
ruled fairly firm, although some OF the
speculative issues fell OF slightly on
profit taking Transactions in the
allt-edged bonds were quite numerous
at substantial improvements IN some
instances The aggregate sales were
Si,32l,OOO.
Goverameuts continued firm on light
dealings, The sales were 10000.
The tninl galaa If utn0ka in.luu tpaFa
2sj0gO shares.
BONDS AND STOCK QUOTATIONS..
New U. s. IS reEi2iis Nash. & Chat. GO
New U, s. IS cou.l2jh n. j. Contral.. Sri
U. $. 10 reg,...llilt Nor. & w. pre-. 2gA
". $. Is coupon. .lllia Northern Pac,., II
u. s, Is rcgu...lllA do prcfCrrCd.., 3gE
u, s. A coupon. .ll3 Northwestern ..ilGA
u. s. ~ rcg..... gia do preferred. ..lGO
Pacific Gs OF '95. .illM n, y. Cen, eN-d.l0Ih
AtChlsOn ........, l2As N, Y. q N. E.. 81
Adams Express i5i oregon NHy..,... SO
Am. ENpr6ss...ilg Pacific MALE. 2lH
bal q Ohio,... iON Pittsburgh .a.,lGi
Can. s., oN-dlv.. ipla Pullman Palace 1851
Central Pacific. ~ Reading ."..., 22ia
ChcB X Ohlo,n, l1la Rock lRnnd.,. Us
Chi. & Alton,-.iH st. Paul ,.,...... s.
Chi, bur a O.. Nit do preferred. 1891
Chicago GaH...,. gilh st, r. a omaha. Giat
G. Q. G. & St l.. 2tsa do proforrednA2
Col. Coal q Iron. / Sugar Refinery .iaJs
Cotton on Ger. II Tenn, Coal & L.. 2iM
Del a.. Hudson. no |Tul. a u. e. pre-. 10
Del, Lack. a W.lG Union Paclno... GL
Den, " II. q. p. 2A u. 3 EEprcsg." ~
Eric .............. iFR W. 81. T.. & e.. 81
do first pre-. ~ do preferred, llA
do second pre-. lsh w, II. EN oN-d 1902
Illinois Central. hAt Western Union, Mh
Kan A. Tex pre-. 3i WhcePg ~ l. H.. "a
Lake Erie 4 W.. ia do prCforrcd.r 81
do preferred mI Con. Eloctrlc.n Sgys
Lake Shire. cx.d.lCg Am Sugar pro. .iw
Lead TruBt.... Et v. 3. Leather y, iNh
Lon a NnHh Nih Tobacco ,,,,.... az
Mich. O.. cx-d... VI do prcfcrrcd."i0G
Mo- Paclflc.u., 1875
Irehdsiuih AID PTovlaion'.