The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-07-22
FINAHCE AND TRADE
The Features OF ths Money and stock
Markets.

Hne Fe4AHfea o. we A1Aeg "tAN -'tss@
Markets.
NEW YORK, July 2i,---Money on call
steady at 1@1M per cent; last loan ~
per cent Prime mercantile paper als0
per cent. Sterling exchange weak,
with actual business in bankers bills OF
81 s5NG4 s5M for demand aud at 81 $40
4 SlK for sixty days. Posted rates
"a 1904 s5IkGl S6h04 81 Commercial
bills "a Ss3k. Silver certificates 5sh@
59Ke. Bar silver SO 5-1se. Mexican doll
laEs 4b%c.
There was no RELIEF to the undeviat-
ing quletude OF the stock market to-
day. A few OF the Industrial speclal-
ties were pushed up on considerations
Individual to the stock. The strength
OF these had some sympathetic effect on
the general list. stocks in which showed
appreciation in price on very small
volume OF dealings. Not all Of these
gains were held, but prices at the close
showed small net gains as a rule. Rub-
her, Leather, MetropolitanS,L Lead and
Cotton oil were all advanced quite ma
terlaliy and there were u few OF the
railroad stocks which rose as much as .
point. London was a small buyer on
balance. The hesitation "a the wheat
market had IFS reflection In the stock
market, though the fact is now accepted
that we are to have wheat crop OF un-
precedented proportions. OF rather
more significance was to-days report
that there were prospects OF avery large
crop Of Roumanlarl wheat, supplement.
ting Yesterdays report OF an expected
heavy Increase in the French crop. Cur
rent prices for the future deliveries OF
wheat show a tendency to spread from
the prices ruling at the corresponding
period last gear, the active snecu2tiOa
in the coming crop at this time last
year being in full force with reports Of
damage to European crops and the
prospective heavy shortage. TO-cay'B
price for the September delivery IA
New York is about seven csn:s under
the price for the corresponding period
OF last year.
The interrupted grain movement al
ready shows signs OF recovery and
good export demand gives hope that
present prices will be well maintained
and the movement OF the new crop con-
tlnued. Sterling exchange was reduced
&c In the actual rates to-day under the
influence OF grain and cotton bills in
the market and there was no hardening
tendency In the money market.
The pressure of Investment funds was
conspicuous in the bond market to-
day, notably for highly secured bonds
of reorganized roads. Very heavy
blocks OF the. Union Pacific and the
Atchison Is were taken. There was all
so a movement In speculative bonds,
Wisconsin firsts being the leading e%-
ample. This bond appreciated ga per
cent and reacted sharply on profit TAX
ing, but hardened again before the
close. Total sales, A,5l0,0O0.
The new government 3s rose 90 lOih
to-day on demand attributed to the
banks for purposes OF circulation The
profit in circulation with these bonds
over that By the use Of the As OF 1873
has a margin still remaining with the
premium above lO4.
United States new Is coupon and the
IS registered advanced Y per cent and
the old As coupon declined u per cent III
the bid price.
The total sales Of stocks to-dny were
122, 100 shares.
BONDS AND STOCK QUOTATIONS..
u. S. new IS reg .i24 lore. r. g. Nav. Is
do coupon...... l21A pittsburgh .''''lW
U. s. Is .l09Ls Reading 1900. l6as
do coupon. ....li0 do first pre-. ~
do seconds -. Sc Rock Island 80. 95A
Y. S. bs req. .lll4s lSt. PAU ..'.'.' va
Pacific 6s OF '95. .l02 do preferred. ..lGl
Atchison ,,,...... l3&l St. r. e Omaha. S2h
do preferred. SIl.f do preferred. ..iJ9
Raj. Il Ohio.,,.. Is Southern Pac.., lsA
Can. Pacllic,..... Si34 Texas e Puc...' lsis
Can. Southern. y Union Pac., pre- 6gls
Central Pacific. HAjWabafh 1920 "a
Ches. & OhiO.... 22S do Preferred ~
Chi. & AltOn....lG0 lWheeIg q l.. r. IA
Chit, Bur. Il Q. .l05i4I do Preferred.
e. {, G. s. ST. l.. h}It Adams EN. ..''.'igl
do Preferred. 50 American EX'' .lS5
Del, IL Hudson. .l0iSt ~. s. EXpress... Il
Del, Lack. 4 WHO Wells FARGO lily
Den. <, Rio Ok Am. Spirits. -. Nv
do preferred. igJs do preferred. 80
Erie (new) ...... ia Am. Tobacco; '..iialy'5
Fort WAYNE -, .IT9 Peoples Cas-. 9lh
Hooking Valley. 95lCol. r. y lFon'' ~
Illinois Central. .l0fi5l do Preferred
Lake Erie & w. u Gen. ElGctric'.' ssft
do preferred. 20 Illinois steel,''' ~ ~,
LIKE Shore ,....lSS Lead ,............ JUS
Lou 4 Nash. 52H, do preferred. ..llOlx
Mich. Central. ...l05it Pacific Mail: go. ~
Mo. Pacific. 49,. stPnlmRn Pal,'''sg5
Mobile & Ohio. 2515 silver Cer...'''', ~
~ ], Central.... SI4 sugar '.'..'.,''ia552
N. Y. Central... .llIIs! do preferred ,'ldS's
Northwestern ..lgSa Tenn. CoNt q l. =
do prcferred...liS ~, 5. Leather ~
Northern PFC. do preferred. ~.
do preferred. IOib western unioh' s-S