The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-12-10
FINANCE AND TRADE
This Features or the Money and Stock
Markets.

Ahp vs. hhN "@SsNy NsA~ 'ANNs-
Markets.
NEW YORK, Dec. 9.-Money on call
easy at 1Isa2 per cent; last loan per
cent; closed ct 1902 per cent. Prime
mercantile paper 3G4 per cent. Sterling
exchange steady, with actual business
In bankers bills at "a S5it for demand
and at 81 S2hG4 S22 for sixty days;
posted rates "a SSlsa4 81 and "a S6isa
4S7. Commercial bills 81 So. Silver GER
tifcates 57&95Slsc. Bar silver 5Sc noml.
nal. Mexican dollars 45Ec.
The bull contingent met with some
formidable obstacles In their efforts to
advance prices OF stocks to-day and the
greater part Of their success was
achieved In the Industrial speclalties,
The manipulation in the case Of these
stocks was very open and palpable. but
some substantial gains were shcwn by
railroad stocks on the firm basis of in
creased earnings. There were number
of stocks also which were persistently
heavy In tone and required support to
prevent the spread OF weakness
through the whole market This was no.
tablg true OF Sugar, which ruled for
some time below yesterdays closing
price and fell at one time to the extent
OF a point. London was very large SELL
er of stocks on balance In this market
and the volume of GALES OF that account
Is estimated as high as 10000 shares,
embracing all OF the international
stocks. Union Pacific fell IL per cent
on the resolution OF the senate to post
pone the Kansas Pacific sale.
Manhattan and Northwest and North
ern Pacific and some more less proml-
nent stocks showed n heavy tone dur
ing the whole OF the early part of the
day. These causes, together with the
Inertness OF the granger group, was
persistent drag on the market. The
latter part OF the day saw very ami
mated contest between professional
traders for the control OF the market.
The stocks OF local trading companies
was pushed UP uniformly to q higher
level on the strength OF tips" that the
underground rapid transit scheme
would fail OF endorsement by the courts
and bv reports Of the apprehenslvc
amalgamatlon of local transit interests.
Manhattan was the leader OF this
class and rose 2A per cent, but all the
stocks In that group Of securities show
eu s,'', ,,p nor, IA Tho VorderhIlt rroun
SUM- uvSs I'LL i,,o. I'D roiscd noor.
OF stVeNs u l,s'' ~ sa,'a a' y, u.s. ,no ,n,nts
=, t, az VI N ,m p,cIGo n-cfcrrnd yas
riIai' ~ 49, "a iis,ad o,,t ~ he
tehgn "a IiaTu 5 b,. renc,yoi ~ rororts
carry uvr n, ess' diyijonI desIaration
Oh al nppI , oau,' a,oai, T,soso iast nam.
on VIZ pIe,V, ,,oso s,cIi,,,toI bw ,ho NO.,
eu chantes w '"t ~ an ircun,ttol
turn lII'is aD,oGu ,ros,oJ 4, thmsc MO-
ihanclal ia M i','t.V s,i, H. ,V sbor
pertles' me net Iesu'' '" smom "
very itreBuIur ,,r rS"s' o, s,nndsrJ
IN .nV ~, u,'' v.htch vcro IsSt Irrc
,a'.""s s,Jnuio,inr ibo changes are
from man iin ."G o, n,,ayS ~
S, aIa, ,ro shown in eomc southern rail-
point are snoWh W. SUN 'o '1 amrs .1
roads, whicn IRE SHOWING eoou Iii
capacity. Qui,c "u W,n s,oo,n,,to" ''o or
losses are shoNH' ~ w. sP S,a,,,,t,,,,
the other hahu, lhcluu,nb s'"'' p,,ti,as
Tobacco. heather RIeirI,'u, io%u'
preferred, hroohIs" i,",,s ,,, ~, tho
tan Traction ana huu'nvi .,
Nandcrbllls, gains eN,Gnu ron " punt
to 2Mc, the Inttcr III Munnutt1" ,,...
The bond market CohtlhOtu uu''Vr
and broad some ho'hple EulnS py'us
shown In special cases anu INC lGEu' y,
prices throughout inc us, hhe"inB
material advance 81 Louis Suh
Francisco trust Ie are per cent NUN