The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-12-03

ieG. Americans were the features OF
that market and were marked up quite
sharply before the opening here. The
eointermandlng OF orders for engage
ment OF gold for shipment 10 New York
alleVlated apprehension ia London over
the money outlook The rate for call
money there fell TO as per cent and
was easier also in Paris as a result Of
the extensive accommodation accorded
the money market be- the Bank Of Eng
land and the Bank Of France. The eff
feet In New York OF the higher prices
abroad was only temporary and the de-
mand for standard stocks became SEMI
stagnant. In the dullness which SUPER
vened the movement Of prieeE for
standard stocks became Bemi-st lut.
In the dUliness which supeTveNed 4the
movement Of prices for standard stocks
was extremely Irregular, the Irregular
ity extending so far as contrary move
ment OF different Issues Of the same
company. Thus the preferred stock Of
Chicago & Eastern Illinois and ST.
Louis q San Francisco first preferred
move upward while the common stock
OF the former and the second preferred
stock OF the latter suffered heavy losses.
The preferred stock of Union Pacific
was also hrneF relatively than the
common stock. Generally speaking, the
Pacific stocks. includlnH North, Union,
Central and Southern Pacific, suffered
from extensive profit taking sales. The
gTRRgess were In the same category.
The sIugglshness and heavlness OF the
railroad list caused continued diver.
sion Of speculative activity into the in-
dustrlal speclaities. Sugar showed the
greatest activity and It's decline In the
late dealings after an early period Of
strength was no small factor in the
heavlness towards the close. Decline In
this speciality was based on the lower
ing In price Of the product by leading
competitor and then opening that the
demand trade has been altogether abb
normal. Brooklyn Transit rose at one
time above seventy TO the high record
price and Metropolitan Street Railway
was strong on the talk Of an increase OF
the dtvIdend, The preferred stocks of
the Rubber and Leather companies
enjoyed the benefit Of favorable trade
conditions Federal Steel preferred was
suddenly marked up almost point
without an explanatory news develop
ment and other iron and steel stocks re-
sponded In sympathy. Linseed OIL rose
OK per cent on the reported underwrit-
ing by syndicate OF the reorganization
plan, but lost II all. General Electric
was helped by the expected declaration
Of $17 80 OF the accumulated dividend Of
the preferred stock. Pacific Mail was q
strong feature on the increase in net
earnings for October OF $l2S,SOI due to
the increased trade activity in the Pa
clfic ocean. The anticipation Of poor
fourth week traffic returns for rail-
roads on account of bad weather had
its influence in causing the reaction.
The days net changes are mixed.
The bond market was active and
prices were better sustained than in
stocks Iron Mountain IS were a feature
with rise above par to l0l and Denver
and Rio GEaRde Is were added 10 the
list OF reorganization fours valued at
par OF abc4e. Total sales, 1886, 600.
United States old As registered and
the IS advanced X per cent in the bid
price.
Total sales of stocks to-day, were
525,70O shares.