The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-06-06
FINANCE AND TRADE.
Tho Features of the Money and Stock
g.sg-.TeIgs 1forIrnfc ~ Nissa Hai -

aagN Markets.
NEW YORK. June 5.-Money on call
steady at 202,,ss per cent: last loan per
cent. Prime mercantile paper 3AGi
per cent. Sterling exchange steady,
with actual business In bankers bills
at 81 s7E.G4 IS for demand and at
81 s5h64 ssh for sixty days; posted
rates 81 S6,s9i 81 and 81 50: CONNER
cial bills 81 S4%q4 S5H. Silver certif-
Gates soh@6lhc. Bar silver 6Ossc. Mex
lean dollars 81 81.
Government bonds easy.
State bonds easy.
Railroad bonds firm.
Tho professional traders on the stock
exchange made industrious attempts
all day to get into the current OF spec
ulation. But Us matter OF fact there
was almost no current to speak Of, so
that the board room traders found
themselves drifting and foundering in
stagnant waters. They changed sides
several times In the dull market and
the net changes on the day. are conse-
quently unlmportant outside Of q few
OF the specialtles, though the general
average Of prices Is notably lower. The
opening showed declines under the in
liuence OF the feaviness In the foreign
market on account OF the disturbed
state OF affairs In France. Sugar and
a number OF other speclalties were at
tackled and the bears also had on their
side falling off In the east-bound
freight tonnage from Chicago, q de-
crease In Rock Islands earnings for
April and renewed strength in the
wheat market. The manifest DISPOSE
ton OF bull party to take up q group
OF Iron and steel stocks on account of
the extraordinary prosperity In that
trade served to check the decline. The
large receipts of wheat at interior
points Offset the fears of damage and
series OF good returns on recent traf-
t!c OF various roads also helped to
strengthen the stocks of those proper
ties. The local stocks showed q tiispo-
s!tton to advance. and 1t looked like
the inauguration of bull movement
when the break In flour awakened un-
easiness and the making OF comments
on the long side was put a stop to.
There was nothing notable In the
trading thereafter. The extreme break
in Sugar was points and the rally on
covering caused some hardening In the
general list. The recovery In Sugar
amounted to 3Ac.the net loss being 2%c
National Steel, Pressed Steel Car and
Tennessee Coal held their advance
rather better than the other steel
stocks. There was spread In the
American Smelling stock, the common
weakening sharply while the preferred
advanced over point. The plethoric
condition of the money market. the
good railroad earnings reported. and
the general activity and prosperous
conditions in all general channels OF
trade are accepted as causing increased
values to securities. But the Sugar
trade war and other possibilities of a
setback to highly speculative stocks
as Well as the manifest disposition to
renew an unbrldlcd speculation in the
securities of the new and untrled in
dustriai combinations begets distrust
and hesitation on the part OF the capl-
talists.
Prices We're much better maintained
In the bond market than In the stock
market. but business In that depart
ment also was small. Total sales par
value, s1.99O,OOO
United States is coupon advanced Z
and the IS and new As y per cent in the
bid price.
The total sales OF stock to-day
| amounted to S92. 007 shares.