The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-01-19
lfiEANcs Asp TRADE
The sts.ase, Of ~. Slon.y and s,oei.
III y Markets. a.stJ1 ~ ~ Is ~

slst.ist fali INil e ------ fttf 400. 10y
The Ftstases Of the yionsy and Stock
~. Markets. * n AS SfiS
NEW YORK. Jan. lS.--sionsy on cali
easy az s92ls per cent; last loan is'per,
cent Prime mercantile paper 3ai per
cent. Sterling exchange steady With
actual business in bankers bills al.
- sly a. aa for demand and at
IS s2,s64SsS for sixty days Posted
rates 81 SsGis5N aud 81 s5,sQl Ss;
commetclal bills "a SIX. Silver certln-
Gates 5ssip5sc. Bar silver 565sc. Next
can dollars 45he.
Prices were slaughtered In the after.
noon fading on the stock exchange to.
day. ESPECIALLY those properties Include
Ing Local traction lines which were most
BENEFITED by the markets bpoyancy
yesterday Prices opened With frac-
tlonaI APPROPRIATIONS In sympathy With
London, which traded moderately both
waes, but buyius slightly more than
they sod, y.
LARGE operators were not very active
In the local market until the late trad
Ing. There appeared 10 be a general
uHuJ 'O'iu VI ghpeHBfu VI ic Sotis
TRANSACTIONS, but the temper gradually
changed and run,or morgers were not
Idle, Among other efforts to deprcss
the market there was circulated au un-
founded story that the United States
minister TO Spain had sought the pro-
tectlon or the British embassy at Ma
drid. Real,zatlons Of profits by large
interests aided the bear raid, uncover
Ing STOP loss orders. and the market
closed nt or near the lowest and very
weak Manhattan Elevated and Net
ropolltun Street Railway advanced ear
ly on manipulation, but the interests
that enslneered the advance In these
securitley seemed later TO have chang
ed their position. Sales under the rule
to-day for the account OF brokers who
suspended yesterday depressed Brook
lyn' Rapld Transit. Cleveland. Lorain
& Wheeling and Tennessee Coal and
lion and some OF the Changers. n
The Senate finance committees APP
proyal Of the resolution declaring for
the nayment OF government bonds In
either Sold or silver was used by trad
ers as o bear card. Tho resolution pre-
sented In the house In the form OF an
amendment for the recognition OF Gu
ban bclllgerency was not known until
near the closing hour. In the general
list the decline from the high point
ranged from one to two points. but the
net losses In most cases were fraction
al. 81 G
The net losses over point were as
follows: Burlington IL; Manhattan l7s;
Michigan Central ": Mobile G. Ohio
X; New Jersey Central ": New York
Central & st. Louis second preferred .;
Pittsburgh, Cincinnati, Chicago & st.
Louis preferred ~; Tennessee, Coal &
Iron ~ per cent. Among the gains
We're: American Spirits preferred l.:
Denver & Rio Grande preferred l, and
National Starch first preferred per
cent? Easy money and favorable state
menfs Of railway earnings had little In
fiuence. on prices. The bond market
wasSGell held, despite the heavy iiqul-
dations in the stock market. Issues
which have been conspicuous In the
Very Violently. Total sales s3.S40. 900.
GoVarhment bonds showed some hesl-
tapcy with quotations for the flves'
shaded. ~.
The total sales OF stocks to-day, were
336.20O shares. ss'5
Evening Posts London financial ca
blesram:
Sir Michael Hicks-B each's speech at
SFansea last night, declaring that
England would have her rights in Chi
ma, even at the cost OF war. although
approved here,had some effect In check
ius market activity and except for
Gfapa Trunks and Americans, prices
for all stocks Including Consols were
generally lower. The markets. especial
ly mines, were also adversely affected
by the Paris f!atness. Americans. after
Period OF firmness, closed duller. Ger
many again bought Northern Pacific,
but sold Canada Pacific New York ab !.
sorbed New York Central. Grand
Trunks were booming on reports OF
largely increased business. I under
stand that Illinois Central bonds have
gone well. The Paris bourse was fiat on
the anti-semi:lc riots. The Berlin mar
ket Was steady,