The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-11
FINANCE AND TRADE
Tn, Features OF the Money aud Stock
Markets.

Markets.
NEW YORK. Sept. 1o.-Money on call
easy at IAalh per cent; last loan ~
per, centiclosed at lEG2 per cent Prime
mercantile paper SAGra per cent ster-
ling exchange weak, with actual BUSH
ness In bankers bills at "a S5Aq4 Sc for
demand and at 81 sslsGi Ss& for sixty
days, Posted rates 81 Silad4 $50 and
81 SelaGi S7l4, Commercial bills 81 S2l-I
4 S2%. Silver certificates 53G54c. Bar
silver 5ic Mexican dollars 42lAc.
! To-day's market was almost strong
| without variation but In an irregular de-
| gree In different parts OF the list, Real
| i2ing sales at one time depressed the
average price fraction below last
nights close, the extreme net decline be-
Ing shown by Louisville q, New Jersey
Central y, Missouri Pacific " and
Northern Pacific preferred 49, In add
ton there was some sharp declines from
1 the best before the close, The net gains
for the day all through the list are the
more noticeable In view Of these facts,
There was little news OF special char
acter beyond what was contirmatory Of
facts already known, Much importance
continues to be attached to the declara'
ton of the extra dividend by st. Paul
yesterday and the good Influence OF this
was manifest in the improved buying
for London account to-day. This helped
To keep the price OF ST. Paul firm all
day and advanced Union Pacific l8.
Burlington, although Il closed Y under
the best, shows a net gain of over a
point and Rock Island did as well,
Omaha advanced a; one time nearly 3
points and Its allied line, Northwest 2H,
falling back somewhat at the close
Burlington'i crossing the par line was
greeted with enthusiasm,
In the southwestern group, Kansas &
Texas preferred led with an extreme adj
vance OF 2h and a net gain of ls, In
the Vanderbilt group, Cleveland, Cin~
clnnatl, Chicago & ST. Louis gained l%
and the others less amounts except
Chesapeake & Ohio, which continued ex-
cepti0nally heavy. The large earnings
reported and In prospect for the enor-
nous movement of grain had to do with
the strength OF all these stocks. COalers
all showed weakness during most OF the
day on account Of the disappointing
dullness which continues in the anthra-
cite trade, This encouraged some short
selling and a sharp rise OF ~ points In
New Jersey Central in the afternoon
indicated the distress of the shorts and
rallied the other coalers. Some activity
was displayed In the bitumlnous coal
roads, Wheeling & Lake Erie preferred
gaining over points The feVeFish
fluctuations In Manhattan also were due
to the urgent demand of the short In
terest, the price rising at one time over
points. The heaviness In Louisville
was probably due to a recurrence of APP
prehension over yellow fever possbill-
ties. In the list of specialtles notable
gains were registered by Western Union,
Brooklyn Transit on large increase of
traffic, National Lead. Leather preferred,
Brooklyn Union Gas a per cent?. Spirits
preferred, Consolidated Gas (6), Llnseed
oil and Oregon Navigation 4%).
On the other hand Sugar, Tobacco.
Long Island, La Clede Gas, Starch sec.
ond preferred, Quicksilver preferred ana
Rubber preferred all displayed weak
ness.
In the bond market the features were
the Central Georgia Incomes, the firsts
advancing 67s points and reaetIng SIS,
and the seconds advancing 2Is and react.
ing IA Total sales N,l3O,OOO. There
were sales Of U, $, IS at 9SA and of the
coupon 5s at 1li7s,
The total sales Of stocks to-day were
100000 shares.
Evening Posts London financial ca
blegram:
The better aspect OF the money mar
ket helped all the stock markets to-day.
Rates for settlement purposes promise
to be moderate. Canadian railways
showed a sharp rise, Grand Trunk guar.
anteed preference being especially
strong.
Americans fuctuated during the day
but the net result Is that prices are high.
'er, Milwaukee g. st. Paul leading. These
latter touched lOiiA at one time. AT 1880
the price was l0ih.
In Berlin the market was armer and In
Paris 1t was steady to firm.
BONDS AND STOCK QUOTATIONS.