The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-02-28
FINANCE AND TRADE r
The Features or the Money aud Stock

Inc features OF tnc money anu Stock
Markets.
Ne YORK. Feb. 27.-Money on call
steady at 2Gs per cent; last loan per
cent. Prime mercantile paper 3a3,s per
cent. Sterling exchange steady, with ac-
tual business in bankers bills a,
81 SEX "a ssh for demand and at
81 s4A94 S4,s for sixty days; posted
rates 81 S41sG4 So and 81 S6,s14 81.
Commercial bills 81 S5isG4 81. Silver
certificates nomIually 5sltsG60hc. Bar
silver 59kc. Mexican dollars 47Ac.
The stock market continued very ir-
regular to-day and left on rather
heavy. but with fractional advances In
the prominent shares The railway
shares assumed more prominence In the
dealings than Of late. important fluctu-
atoms occurring from time TO time in
| those properties, during which the spe-
cialties were temporarily relegated to
the background. Prices were recedins
when. toward noon. It was reported that
Agulnaldo was inclined to accept Pacific
overtures and rally cnsued. London
was moderate purchaser. Covering
| movement. In Sugar advanced the price
smartly. but free selling appeared.
which attracted particular attention, as
1t was by brokers who were believed to
represent houses prominent on the bull
side In other stocks and the stock lost
Its earlier gain and closed. but frac-
tionally up for the day. Third Avenue
dropped % points after an initial rise OF
four. the weakness seemingly on rea-
LIKING. when 1t was reported that the
property would be absorbed by Metro
polltan. American Steel and Iron ad-
vanced on large dealings, but SUISSE
quently lost part OF the rise. Federal
Steel to a lesser extent sympathzed
with both movements In American
Steel and Wire. AtchIson was weak
during the early recession OF the mar
ket. but stlffened on the report that a
further dividend on the preferred would
be considered at the directors meeting.
Subsequently the stock was sold down
in common with the drive at the rest OF
the market. American Distrlc: Tele-
graph made gain OF points on the
report that control OF the company had
been secured with n View OF using Its
subway privileges for new telephone
company. The srangers were In de-
mand in the afternoon. st. Paul show
ing a quarter OF million Increase in
January. The Gratngers, however. to-
gether with the specialties sagged dur
Ing the late selling movement. The
Philadelphia company rose over three
points On the heavy over-subscrIptIon
for their bonds offered this morning,
Ontario G. Western strength was, at
tributable to the report that the Van
derbilt interests had taken much OF the
stock. II was said that the pool which
had advanced the stock sold some $1,000
shares in the early dealings. Some har-
denlns in call money rates accompanied
the late selling movement.
The bond market displayed hesitat-
ing tone throughout. some issues forg-
Ing upward. while others felt the effects
OF realizations. Texas & Pacific Sec
onds moved up to 81 on rumors that an
early dividend payment was possible.
Total sales. sI.59o.00o.
United States new As registered adj
vanced 4 and the IS and IS 4 per cent
in the bid price.
The total sales OF stocks to-day. were
H5.lO0 shares.