The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-08-06
fIslseE AED 4RaDz
-Ss Fss,ars. Of IN, Slansr ana s,ss,
1iRrit-is.

me Fsatarss Of ths Slaner and stSe'
1,Rris-is.
NEW YORK = Money O. call steady
& lNalls per. cent; las: loan ~ per
cent. Prime mtrcatsi!s paper sisGi
fer cer-. Sterling excharse arm, with
actual business in bankers bsfs a;
q SsIs64 S5A for demand. ana at 81 sea
al 81 for 60 days; posted rates 81 siis9
/ S. end 81 Ssa4 ssls; commercial bills
4 Sc ard 81 ss04 s6ls; COMMERCIAL biHs
5Sisc Bar e.lver 5sKc. Mexican dol-
lars i5itc.
The stream OF speculative ard inyen'-
ment money Continued TO pour into
stocks and bonds to-day without inter-
ruptlom Prices Throughout 0iSe list
were bfted sharply Tine proiit taking
movement, which has been drag on
the leading industrials for several days
pnst was apparently ended to-day. and
the bears, who cold these stocks carly on
the assumption that realizing was still
In progress, were forced 10 buy back
later The result was to bring the In
dust1iR.s inEo the general current Of the
marke., which moved upward with q
ti6lal sweep. The railroads themselves
were somewhat unsettled at the opening
and most Of the leaGlES stocks declined
h6h per cerit before the upward move
mept Of prices set in. The opening
weakness wGs in sympathy with Lon-
don, and the Quickness with which II
was overcome was striking evidence
Of the Independence OF the locaa stock
exchange. There was quite a serious
depression b0tn In London and Paris on
the reported friction between Russia
ard Great Britain. ard there was quite
urgent setting here for LotSLon account,
but the supply OF American securities
abroad has been so far reduced In the
past year that the Ggsposstiop OF foreign
holders to buy or sell has very much
less Influence than formerly. The ag-
gresslve buying which has been noticed
In Wax street for several days quickly
turned prices upward and gained in vol
ume on the advance. Burlington con-
tinued to be the leader and scored an eX-
IRENE advance OF 2& per cent. The
other grangeFs came rext In point OF
Importance, and the Pacific roads and
their connections followed with quite
list Of stocks OF lesser note trailing onto
the movement. A marked feature OF
the trading was the large individual
blocks Of stock which were taken at the
top figures. Quite number Of specula-
tive leaders showed single transactions
OF LOCO shares or upward at the high
prices OF the day. There was some dis
position to reaGze at the last hour, but
Gecline OF a fraction quickly reduced the
market to dullness Possibly the final
squirt IN Burlington was used to cover
come rather extensive realizing at other
po4rys. There was talk in Wall street
Of am agreement to advance prices,
which Included number OF interests
controlling vast wealth. That the buy
ing came from comblrCtiop OF very
powerful interests was quite evident
but that II was based on the assumption
of future rise in values and demand
from the general pubic for stocks Is
equally certain. There was some In
crease Of oC.si6e Interest shown by buy
ing through commission houses to-day:
The market was remarkably broad and
brought into aciiv.-J many long-cor-.
mant stocks
Dealings in boEtds were not on as large
a scale as yesterday. but the demand
cori.inued active ard well distributed,
and carried prices vigorously upwards
a1i through the list. Total sales y ,s5O'-
OVv. Old Is registered advanced \ per
cent, and the IS, wnen issued, declined
" per cent in the bid price.
The total sales OF stocks to-day were
49,, 400 shares.