The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-01-31
FINANCE AND TRADE.
The Features Of the Money and Stock


Markets.
NEW YORK. Jan. 3o.--Money on call
steady at 21.Ga per cent; last loan 3 per
cent. Prime mercantile paper 2MG3A
per cent. Sterling exchange hrmer with
actual business in bankers bills at
"a S5A for demand and at 81 S22G4 SO
for sixty days: posted rates 81 S3i5 and
"a SSH. Commercial bills 81 81. Silver
certificates nominal at 59iEG60hc. Bar
silver 59Bc. Mexican dollars i7Bc.
The movement OF stock prices To-
day was extremely variable, and after
alternate strength and depression the
market left Oft firm with mixed changes
averaging about Saturdays final quota
lions. The supply OF money continued
abundant at reasonable rates. and was
unaffected by February dividend und
Interest requirements. Gold 10 the
amount OF s575,000 wa sengaged for i'm
port and cable advices were that three
and u half million dollars Of gold has
been purchased in London for America.
The periodical railway earnings reports
that appeared were gratifying. The vol
ume OF business was again over q mil
lion shares, and because OF the Gontin-
ued activity of the market number
OF commission houses NOW work en-
ployes In shifts. London was n pur-
chaser on balance to-day, particularly
Of Northern Pacific and Readings. and
sold Union Pacific and Louisville. There
was considerable shifting OF commission
house accounts from one stock to an
other. with prepoBderance OF buying
orders, which for time more than Off
set the attacks of the reactionists Sugar
was actively traded In and lifted on
some rumored arrangement with the
Glucose Sugar Refining company. At
the same time there were denials from
various sources OF a prospective agree
ment with local rival companies. Dis
c!osures~made By the Pittsburgh. Gin
clnnatl, Chicago & ST. Louis minority in
terest were construed as favorable ana
resulted In sharp advance In the stock,
part OF which was lost on realizing. Gos-.
sip had 1t that Northern Pacific was in
control OF the party in favor OF larger
dividends and that the stock was re-
ce!vlns pool support Unconhrmed
stories Of the likelihood OF the resIgna-
ton OF the president OF the Cleveland.
Cincinnati. Chicago 6 st. Louis weak
ened that stock somewhat. Console
dated Gas jumped s points on asser-
tons that I partial union OF the gas in
terests on Manhattan Island had been
effected. Other sensational advances
were those OF Tennessee Coal & Iron
preferred, 10: Great Northern preferred,
~: Colorado Fuel & Iron. g. Realiza-
tons and renewed bear aggression
brought about heaviness. but strength
In the spec!altles and the southwestern
group steadied the market. which re-
sumed its upward course. Tbs Srangers,
after periods OF inactivity. rose moder-
ately. Western Union and Reading is
sues were also lifted. Protit-taking
again encouraged a smar. raid on val
ues. cffecting numerous declines. Gen
eral recove:ies easued in the final deal
lrgs and the market closed firm.
The bond market developed consider
able irregularity to-day, but the varia-
tons for the most part were unimpor;-
ant outside OF Texas Pacific seconds and
ST. Louis Southwestern seconds. Total
sales. s6,2?5,o00. U. S. IS registered de-
clined Is, and do. coupon K in the old
price.
BONDS AND STOCK QUOTATIONS..