The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-03
FINANCE AND TRADE
The Features OF the Money and Stock
Mnrknis.

llb feWHIeA 81 tnp hohey Nhu oluSA
Markets.
NEW YORK, Sept. Mooney on call
easy at iA61ih per cent; last loan iia
per cent; closed at lH@1ls per cent.
Prime mercantile paper 3hd4R per
cent. Sterling exchange firm, with ac-
tual business In bankers bills at
s. S5Ad4 Sc for demand, and at 81 S3A
for sixty days; posted rates 81 SIIAg
4 S5ls and 81 S6.a@4 ST. Commercial
bills 81 S2h. Silver certificates 5lSc,
Bar silver 5l%c. Mexican dollars Ale,
The character OF to-day's stock mar
ket was very similar to that of yester-
day, Individual stocks being rushed to
a high level 10 stimulate and sustain the
market, while realizing was effected in
other parts OF the list The Vanderbilt
stocks were selected to-day for manlpu-
latlon and the price OF each member Of
the group was successfully raised while
In the stocks recently favorites In the
speculation heavy offerings were made
60 realize.
The success OF these tactics is shown
by the small decline In the general list,
The manipulation for a rise was not In
evidence at the opening, Sugar being
subjected to a raid which carried 1t
down nearly two points. Omaha also
opened three points below last nights
close and Missouri Pacific was down
nearly a point. Later. In the day
Northwest was taken in hand and rush.
ed up to 127h, jump of six points.
Other advances in the Vanderbilt group
were: Canada Southern Az to GO;
Cleveland, Cincinnati, Chicago & st,
Louis 80 20 4Oi Michigan Central 2&
to 10; New York Central ~ to 11Oh,
and New York, Chicago a. st. Louis
stocks, the common rising nearly two
points, the first preferred 4h and the
second preferred 3ls. Chesapeake &
Ohio benefited a fraction In sympathy
but as It is one of the stocks which has
been heavily bought In the recent spec
ulation, 1t was subject to pressure by
realizing offerings. Coincident with the
buoyancy In the Vanderbllts the gran
gers and the active railway list sank to
the lowest OF the day, Rock Island, st.
Paul, Burlington, Missouri Pacific, Atch-
lson preferred and Northern Pacific pre-
ferred being all notably affected, the
flrst named TO the extent Of over u
point. Later In the day, these stocks re-
covered somewhat from the lowest, and
the Vanderbilt stocks. except New York
Central declined very materially from
the highest. There were other stocks
which showed special strength, all
through the list, especially among the
lndustrials. Chicago Gas touched 1Oj&,
a new high record, but reacted point.
Pacific Mail rose "a. but reacted II,
Western Union also was active and
strong. other notable gains were st.
Paul & Duluth preferred, Pullman and
Chicago Greatwestern preferred, four
points or over; Rio Graude Western
preferred az; Colorado Fuel, Flint &
Pere Marquette preferred and MInneap-
oils & ST. Louis second, preferred, two
points or over. and Cotton oil and Ore
gon Navigation preferred over point,
Hooking Valley preferred lost 4: Ma
tional Starch second preferred 3; oma-
ma ~; Metropolitan Traction point
and Canadian Pacific a point The net
changes are mixed. the grangers and
some others showing small gains and
many active railroad shares losses.
There WIS some falling off in activity
in the bond market, but prices were
steady. The total sales were S2,70O.000.
Government bonds we're steady; total
sales $4,000
The total sales Of stocks to-day were
6l9.6ii shares.
Evening Posts London financial ca
blegram:
The stock markets opened stagnant
to-day, pendtng the question OF the
Bank OF England rate when It was
known that there was no change, the
markets only rallied feebly as the deal
ers would rather have preferred an i'm
mediate rise than deferred action. The
best judges. however endorse the
banks decision aud see no need OF an
Immediate rise. KafTirs were steady. !
learn that yesterdays withdrawal OF
gold for Russia was Tor a special opeF-
alton. Germany had 20 make an imme-
diate payment for Imports OF rye. Ru-
bles were scarce In Berlin and constant
IS instructions were cnbled 10 London to
seud gold, Americans we're dull early
In the day on the lower prices for some
Issues on the New York stock exchange,
but they hardened sharply at the close
which was firm II II the market be-
lief that the rise will be renewed at an
early date Speculative buying here
keeps mainly to the lower priced shares
che Bank Of England ends the half year
with an amount standing at rest nc-
count sufficiently to pay a dividend OF
per cent against the AZ per cent Of last
year on the London discount market,
spot rates are unchanged, but business
In American bills to arrive ten days
hence IL being done at "a per cent as
against "a per cent yesterday Large
Of bills are stlll offered
Tho Paris and Berlin markets were
quiet
BONDS AN DSTOCK QUOTATIONS.,
4. s, now IN reg 1868 ore. H. 4 Nav. -
do. coupon.","lgg Pittsburgh "",iGg