The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-10-29
FINANCE AND TRADE
The Features Of the Money and stock
Markets.

NEW YORK, Oct. 2S.--Money on call
easy at 1902 per cent; last loan per
cent; closed at 1909 per cent Prime
mercantile paper 81 @4ls per cent. stcr-
ling exchange steady, with actual busl-
ness In bankers bills at 81 S5Ihd4 S64
for demand and at "a S2Aq4 S22s for 60
days. Commercial bills 81 Sla4 SLY.
neBar silver 5S&c. Mexican dollars Acc.
Silver certificates 5Sh96Oc.
To-day's stock market was exclusively
in the hands OF the professional traders
and contained nothing of Significance IN
its bearing on the general condition OF
the country. The market was inactive
and the movement OF prices was slug
glsh. Trading was almost stagnant at
times. The traders did the best they
could to influence prices BY manlpulatve
buying. and selling. and by dlssemina-
tion OF news or rumors Of their respective
hopes and fears. The only response OF
any moment was shown In special cases
with slight sentimental effect on the
general list, but the professionals were
unable to Induce any following and In
meeting their earlier contracts carried
prices back to near the starring point
One OF the special stocks affected waA
NSihN @heilt "hANAA utiAAlSA ~ hAAG AbthAS
2k per cent on account OF the decline In
earnings shown by it's September state
menL The stock recovered 10 within a
fraction OF last nights close. Sugar, af-
ter substantial gain, fell 21s points but
also recovered to net decline of frac-
ton. The cOalers as a group were weak
on the unsatisfactory condition OF the
trade. Notwithstanding recoveries near
the close their net losses were point
or over. The grain carrying roads on
the other hand, displayed tirmness which
was principally due to roseate forecasts
of the September earnings of Burlington,
the statement of which is yet to be pub
lished. BY reason of this influence rail-
roads generally are Il fraction higher
except some southern roads and the coal
ers. while the industrlals and specialties
are generally lower There was still
some disposition TO advance fears Of the
Cuban question az a motive for selling
Union Pacific was less active and was
uncertain in its movement on account Of
doubts Of Just what changes In the plans
OF the reorganization committee are In
volved In the advanced bid to the gov
eminent, The doubt applies not only to
the plan Of financing the new company,
but TO the ultimate disposition OF the
Kansas dvleiOn, which the committee
Processes Itself willing to relInquish TO
the government 40 far as the subsidized
portion ~ concerned. The stock closed
* per cent higher. The arrangements
for the payment to the government and
for the governments payments OF bonds
coming due on January and also look
ed forward to with interest for their Of
feet on the money market II Is believed
that the one viii be timed to offset the
other az far as possible, 10 as not to take
so large an amount OF money out OF the
market, The sum to be paid 10 the gov.
ernmentwlll considerably exceed that to
he paid out on this account. but the con-
tinucd excess Of disbursements over re-
Ceipts In the daily operations OF the
treasury will help 60 make this up. II Is
believed that any marked effect on the
cost OF money viii thus be avoided.
Central Of Georgia second incomes de.
clined ~ per cent and the third incomes
point Kansas q Texas issues we're
weak Dealings were not on a large
scale. Total saleH fi.5s0.OOO.
u, s. De were advanced y per cent bid.
The total sales Of stocks to-day were
251, 900 shares.
Evening Posts London financial ca.
bIegrami
'To-day'e market was quiet with TIRE.
liar movements. COnsOlg and kindred
stocks were better Americana ana Ca
madam paeiAcs opened Hat bit recover.
ed before The New York prlcos arrived,
partly on genuine purchases here. There
wns further recovery later but the close
was az fraction under the best Knlllri
were better again and Bra2IlB were
weak
The Paris ana Berlin markets were
firm
Taxes have been coming IN largely dur.
lng the week, therefore the decrease NJ
GDt. 200 porndn I'm public tirpOHitH ana the
decrease N $4,000 pounds In goycrn-
ment securities ehown In the weekly
statement NJ The Bank Of England main
" signifies that the government has re-.
paid the amount borrowed on the den.
cheney billie previous IN the dlHburHO-
moniH VI dividends on the ilh " this
month The reserve ia mp $4,000 pounds
Details Of gold Tor this week nrc 100000
pounds from the Cape, $1,000 pounds In
eng1cs ana 10000 pounds IN anverclgna
fran the continent, To-day the market