The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-16
FINANCE Avn TRADE
The Features of the Money aud stock
lTRrksta.

The Features of the Money aud Stock
ATRrketa.
NEW YORK, Nov. l5.-Money on call
steady at 114a9 per cent; last loan per
cent; closed at llAq2 per cent. Prime
mercantile paper 31sdlis per cent
Sterling exchange firm with actual
business In bankers bills at 81 $50
SjS for demand and at 81 S2ssd4 S2%
for sixty days. Posted rates 81 $3.50
SGh. Commercial bills 81 So. Silver
certificates 5Ska59c. Bar silver 577sc.
Mexican dollars 45iac.
Wall street has not seen so dull a
day In many months. Even the pro-
fessional traders were almost out OF the
market and there was absolutely no
outside inquiry or sign Of interest in
the market A large proportion Of the
days trading was In Sugar and this
stock fell away at one time 29s points,
but closed III per cent above that. The
rally was due to a ruling by the treas
ury department to apply the counter
valling duty clause OF the tariff bin to
refined sugars imported from Den
mark The amount OF sugar available
for Import from Denmark 81 not In It.
self large, but the treasury's decision
was regarded as Indicating a course
likely to be pursued In regard to Dutch
refined sugars In which the supply
available for import Is large This rally
in sugar helped the market and was
almost the only indication OF real
strength In any stock throughout the
day In the closing transactions Sus-
quehanna & Western preferred sudden
~ mounted upwards to 3ilA, net rise
of 2R and the bonds OF that company
also showed some sharp gains. No ef-
feet was exercised on the general mar
ket but the Southern Pacific preferred
was relatively firm In the railway list
on account OF the Increase IN earnings
shown by It's first weeks statement OF
tiN3,6SG or So per cent over Inst genr
Last years earnings for the same per-
Tod werc not large and there was one
more business day included In the
period than this year But the show
Ing was regarded ns a strong one,
nevertheless. Peoples Gas which was
dealt la ex-dlvldcnd OF III per cent, was
n centre Of dcprcpslon and closed point
lower. The conlers we're also weak
New Jersey Central most conspicuous
~ no, falling at one time 2ih points, but
rnllylnE a fraction, Consolidated Gas
made one OF lts characteristic slumpB Of
nine points 60 $50. This was eight points
lower than Tho previous low point OF
the present movement The stock rallied
~ nj the close. The helvlnoB7 and dun.
ness Of the market were partly In sym.
pnthv with London whore the prices Of
securities showed declines on account N
some apprehension over European poll
fttrs disc Go threatening conditions on
Inc borders Of Turkey. There was some
disappointment over the failure ~ the
supreme court 10 hand down n decision
In the Nebraska maximum freight rate
case before ila two weeks recess Clos
lnr prices nro considerably above the
lowest Of the dny In most stocks, but
Inc general lat shows net losses Or a
fraction exceeding " IN most cnrrH.
Some selling FOR London nccnunt ada.
cd 10 The weakness The total sales u
aft stocks wnB loFs than 10000 shares,
Of witch Sugar contributed almost ono
fourth
The bond market wRF duil, hut ptlcca
were nfm Total mlOs, Sl3'jOOO Uni.
tod states b'H coupon were " per cent
higher bid
Evening rosr8 London financial en-
hlogiAm.
The stock markets were dulet and