The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-01-21
FINANCE AND TRADE
Til. Feature. OF the Money aud Stock

Ths Features OF the Money mud Stock
Markets.
4 NEW YORK, Jan. 20.--Sloney on call
easy ut per cent. Prime mercantile
paper SaaR per cent. Sterling ex-
change firmer with actual business in
bankers bills at s. sia for demand and
at 81 Se&94 50 for 60 days. Posted rates
81 Ssa4 s3ls and 81 s51sG4 Sc. CONNER
cfh bills 81 Slk9i 50. Silver certlH-
Gates 5sisq57Hc. Bar silver 56isc. Mex
lean dollars 45Kc.
Slight losses resulted from to-day's
transactions In the stock market. which
was irregular and depressed on the re-
sumption OF Cuban and currency agita-
ton al, Washington giving courage TO
certain large bear interests. Recent
professional manipulation OF stocks Is
credited to. people interested in making
market for bonds acquired during the
reorsanizations. Western trade aGvices
continued good and further reflected
favorable traffic returns which were
published to-day by prominent rail-
road lines. The market had hardly re-
covered from It's early hesitancy when
liquidation and short sales were appar-
ent with resultant sharp declines. To-
ward the close there was somewhat
improved tone and increased activity.
London bought little on balance.
Pullman, Mobile and Ohio and National
Lead reflected the declaration OF divl-
dends on those properties. Oregon In
provement advanced II per cent on an
intimat!on OF possible changes IN that
company's relations with other proper
ties In the northwest. Great activity
and strength OF North American in the
final hour was based on rumors OF
possible reconstruction OF the COM
pany's business. New jersey Central
and Delaware, 9Lackawanna' 6 Western
llS, per cent and 2 per centrespectiveiy.
Northern Pacific and Union Pacific were
purchased for London account The
money market continued to display ex-
tteme ease. round amounts being Offer
ed on call at . per cent. This condition
OF affairs was regarded by some OF the
leading exchange interests as offset
ting possible gold imports which In a
measure would be justified by the cur
rent exchange situation. The net losses
OF Importance were American Spirits
preferred IL; Sugar l; Cleveland, Lo-
rain & Wheeling preferred IA: Column
bus. Hooking Valley & Toledo !; Della
ware & Hudson l; Minnesota Iron /:
Buffalo. Rochester 6 Pittsburgh IL;
the gains were Canadian Pacific rs;
National Lead Common i; Chicago G.
Eastern Illinois IL: Oregon Navigation
IL. and Oregon Short Line ~ per cent.
The bond market continued to reflect
a substantial outside interest which was
responsible for notable improvements In
some OF the lower grade Hens. The ag-
gregate transactions were S3,Is7, 900.
The government bond market was
neglected with slight concessions In bid
prices In some issues.
The total sales OF stocks to-day were
800. 100 shares. *:
Evening Posts London financial ca
blegram:
The stock market here opened dull to-
day but closed good. The features In
Americans was the rush for Klondike
groups. thus Denver Il Rio Grande,
Canada Pacific and Northern Pacific
were bought wildly. New York is now
absorbing Canada Pacifcs. Grand
Trunks are also Still booming,