The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-02-08
FINANCE AND TRADE
The Features OF the Money and Stock
Markets.

The Features OF the Money and Stock
Markets.
NEW YORK, Feb. Mooney On call
easy at ~ per cent; last loan ~ per
cent. Prime mercantile paper 39i per
cent. Sterling exchange strong with
actual business in bankers bills at
81 S0hI4 S5s for demand and at 81 IS
ga S3B for GO days. Posted rates 81 sag
and 81 Sc. Commercial bills 81 S2R4 S2Ik.
Silver certificates b6M957isc. Bar sill
yer 56i9c. Mexican dollars 459sc.
To-day's market for stocks suffered
from the burden of realizing sales and
from bear pressure due to the recru-
descence of the Cuban scare. There
were special clements of weakness in
addition. The Union Pacific securities
were heavy on account of the an
nounced determination OF the govern
ment to operate the Kansas Pacific un-
der recelvership and to seek to post
ponc the sale OF that property. The
Kansas Pacific consols opened off 3G
per cent. on the strength OF this, but
the buying at the decline was heavy and
aggressive, and reassuring reports were
given out that this security was not
likely to be deprived Of its right of ex-
change with the reorsaniZed Union Pa
cific securities. This apparently failed
TO rally the stocks OF ths company and
they were heavy oil day, the preferred
going off at one time 1as and the COM
mon point. Missouri Pacific showed 4
recurrence Of its recent weakness and
declined at one time point below Sat-
ur6ay's close. Lake Shore, New York
Central, Northern Pacific preferred and
fopOrtfac OH bn 81
fects OF q continuation OF profit taking.
The coalers and the grangers were in
the main heavy, Northwest being an
exception. Northwest preferred showed
q gain OF 3ia over the last transaction.
Quite number OF stocks showed gains
at the opening, but as O rule subsequent
declines wiped them all out. a few
stocks were conspicuous for very Wig
orous amounts. This was notably the
case with Metropolitan Street Railway,
which was II one time 81 above Sat
urday's close, but which reacted rs.
Norfolk & Western preferred was quite
strong all day and advanced at one
time 3S, reacting fraction on profit
takings. Michigan Central also re-
newed its interrupted advance and is
IA higher for the day.
There were some sharp gains also In
the usually inactive high priced securi-
ties. The feverish and unsettled condi-
ton of the local corporations was no.
ticsable In the closing dealings.
Although the stock market was not
lacking in activity and interest. the
bond department continued to absorb
a large share of attention and to show
strength. There was some five sepa-
rate single transactions in blocks OF
par value OF 100000 or over. Three of
these were in the Atchison adjustment
Is, the total dealings in which footed up
for the day sl,09I.O 900. The recovery In
Kansas Pacific consols 10 l10l. brought
out block Of 100000 which was taken
by one dealer. There was Sl25,000
block Of the new Union Pacific As sold
during the day. Norfolk & Western
conso!s were active and strong. Nu-
merous sharp gains are rec0c-ed all
through the bond list. Total sales &c.
$4,000.
U. S. new As were Is higher bid U. s.
IS were 4 higher.
The total safes OF stocks to-day were
42l,000 shares.
Evening Posts London cablegram:
The stock markets were quiet and
featureless to-day generally. pending
the settlement in carry-over mines, but
the tone was steady. Activity still GEN.
tiers In Americans, Grand Trunks and
Argentines. The feature in the first
named was Norfolk g. Western pre-
ferred.
BONDS AND STOCK QUOTATIONS.
u. s. new IS reg .l2Sis Ore. r. & Nav. 81
do coupon. ..l?S3 pittsburgh .....lGS
U. B. IS ......... .ll33a RcadlDg ........ 22Is
do coupon...... LIS Rock Island. 92%.
do seconds ....l00 st. Paul ........ 95i.
U. s. 5s req. .ll3S do preferred. .1i5i.
do IS coupon. .ll3T Isl. P. & Omaha. ai.
| Pacific Gs OF IS. .li do preferred .li5
| Atchison ......... 1914 Southern Pac... 70
do Preferred. BIG Texas & Pac. llk
| Bal. 4 Ohio...... 1IS Union Pacific. 1914
| Can. Paciiic...... IS Wabash 49,.
| Can Southern. &c do preferred. 49,.
| Central Pacific. IA lWheel'g & l.. l.. "a
| Ches. d. OhIo.... 2iS do preferred. 1917
| Chi. & Alton....lGi Adams Elk. -. .lG5
| CHI. Bur. &; o..l0iis American Elk. .l19
c. e.. c. &c st. l.. 81 U. $. Express. ~
do preferred. 50 Wells Fargo. III
| Del. Il Hudson. .ii3h Am. Spirits..... Sc
Del, Lack. g. W.l5Gls do preferred. 20
Den. & Rio Ga. IL Am. Tobacco. S922s
do preferred. GGts do preferred. III
Erie new 49,. 1jM Peoples Cas-. %
do first PREF. 49b Col j. & Iron. q
Fort Wayne.... .16cis do preferred. 70
| Illinois Central. .l05H Zen. Electric. &S7;;
Lake Erie 4: w. lSA Illinois Steel. j22k
do preferred. Is Lead ............. 1914
Lake shorc......19l do preferred. .l0Si,
| Lou. & Nash.... 59ss Pacific Mail..... 20
Mich. Central. ..l13h Pullman Pal....1T9
Mo. Pacific...... 3Sis Silver Cer....... 65L.
n. J. CcntrRl.... g6A Sugar ........... 1885,
| N. Y. Central. lis do preferred. .ija
Northwestern ..l2SX Tenn. Coal & j. 2j7;
do preferred. iii IT,. s. Leather. u,
| Northern Pnc... 2GE do preferred. &C
do preferred. CTS Western Union. 92as;;
Hrendsiuns and Provisions.
| CHICAGO-The influence which the
Letter interests have on wheat trading
was well illustrated to-day. Notwlth-