Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-03-25

Prime mercantile paper J'&d4 per cent.
Sterling exchange firm with actual
business in bankers bills at 4>1i4a4S1l2 for
maud and 4>54 iN6 for 60 days.
Posted rates. 4S6n4S6l2 and 4sSQ4SSi2.
Commercial bills. iois4.
Bar silver 63's.
G1verumeuts-Fi rmer.
\,w L. :. Is Registered. .l-3
Now L. ;. ic Coupons ..................l2{i :
L. :. as Registered. .....................ll 5si
/. = Us coupons .-......-..'..'.'. - :
L. =. As r EiStered. llVNi
L. =. IS Coupons. ...-...........ll
L. :. IS Registered OBSERVATION-DISCLOSURES. 70
S-atCS-Duu.
KilrOJdS-Wedk.
Stocks-Ibe decision of the Supreme
Court affirming the inegalty OF the Trans
Missouri Freight Association under the
sherman antitrust law, occupied almost
exclusively the attention OF the dealers
of .he stocks and bonds to-day. Ihdt there
was good ground for the apprehension eN-
pressed of the effects upon values OF rail-
road properties of q decision. was OBVIOUS
from The character OF some OF the selling,
but there was also palpable eNagger3tlol
of the fears of the traders with Il view OF
depressing prices for the benefit OF those
short stocks contingent rcputed 10 De
quite large at this time. The extent OF the
activity of this element and their interest
I'M &c was shown by the lively movement
90 cover az the low point which worked q
rally with the close OF the day. resulting
iu d few cases I'm a full recovery OF the
L.1yv declines. The same thing occurred
very soon after the opening, at which the
bears started In 20 raid the market win
great energy and determination. Judging
from the reports that Were kept IN ClrCQ-
HtfOu hy this shOr Interest one would
htV ,SuuuC--d hat a wholesale disruption
of an agreements TO MAINTAIN rates hdu
occurred without the parties even waiting
% ST., the text of the Supreme Court De
ciSiOr and that AN railroads were entering
forthwith upon a disastrous war OF rate
cutting The Join, Traffic Association, on
, the contrary, has determined 70 mdlhldlil
its existence pending me appeal OF ttI' Cdsc
tu Test its legality which now stands IN us
favor by decision OF a Clrcult court; IuSte
Is but uttle confidence expressed lndt TINS
decision viii be- sustained 10y the supreme
Court on appeal. The opinion SGemS 10 De
general that neither The Joint Irainc As
s0ciati0n nor any railroad agreement 10
maintain rates and divide traffic can stand
the ties. OF a law suit under TINS decision.
The action of theAtchiSOu and the Burning
ton I'M giving notice OF withdrawal from
the associations OF Whlch (nty arr ii hI-
. lers. foreShaCow the ClSSoiutlon OF mos mos
associations. and made the Changers anu
SOutnwtsterUs specially weak the UeSIi
20 S. d an railroad stocks being very nnaul-
fest There Is no doubt that large
amount of long stock was thrown on the
market in ;he days training and that own
trS of securities take the most serious view
of Tine inhibition against rate and traihc
q agreements contained In the Supreme
/ Courts decision. The Changers and SOUTH
westerns as being Immediately AZ. cted'
showed the heaVies; declines: as IolI0WS
Burlington -2.. Northern l's; 81 fdul
/ Rock Island 22~: Louisville and NaShvllle
| -: Kansas and Texas preferred l52; Atcni,
/ souls- 10 preferred ~; Southern preferred
0ther losses were: Canada Southern |;
. c. c.. c. * 81. l.. IA: Denver ana Rio
Gr1ude preferred ll2. Illinois central l.
Sugar lSs; 10 preferred ~; 'hicaG9 80
/ u. General Electric IA Lead /; Pacific
Mail rs. Tennessee Coal and Iron L..
Spirits pr ferred ia. and Western mon !;
THE Anthracite coal group dlspEtyeu
quite a surprising resistance 20 the dePtes-
SION i'm the market. only New Jersey cen
fr9l and Reading urSt preferred ut,uluE
0,-,r n fraction. the former one ana the
latter ~. New Jersey Central rallied -
of e3rnirgs shown in the February state
,,,.rt The activity became very marked
in fbe closing dealings. and there was
0uite "a scramble 10 cover. Burlington re
covered I. Northwest rs; -: fauI Is
Rook Island 12s: Louisville and Nashville.
omaha ~. AtchlSun !. G., g, I. -. l.
Is. Sugar li2; Tennessee Coal ana iron
Notable declines occurred in Lake Shore
Of q with Il recovery. Minnesota iron lost
1 and regained is. The eNGep '5onal Sh3reis
which showed a gain on the day thouS n
i, vros only fractional, were: c., G., {. IL
: l. Consolidated Gas. Lackawanna.
delaware and Hudson. standard Rope
Missouri Pacific. AeaoInS. lig1lngr 49,,
ri and Wheeling and LAKE Erie preferred.
rrs dealings were meaVler than on any
f3y- since last fall the total shares sold
NN]I,ITnbSring $4,000. Railway bonds were
mice active and showed genera, conces-
trrs Total sales of stocks S5t,1uS shareS.
Quotations closed b.0'
Ntchis0n ......... ..........'..'.' $500 iS7 .
Adams OBSERVATION-DISCLOSURES. .''.''''''''''-4
Alton and Torre Haute --.....-..'.'-' 90
DO preferred .-....... .-.'...''.''''''''',
American Express ......-.- ..-.'.-'''''A,11
D1i.iunOre and Ohio OBSERVATION-DISCLOSURES 10
canada Pacific .-.......... '.-''''''''''' -.
Canada southern ...-.-'.'..' '''''''''' IN
central Pacific ......--.-... ''''''''''' =
C,h.slueake and Ohio OBSERVATION-DISCLOSURES 20
chicago and Alton ............. .'''''' ~
Chicago. Burlington and quincy .''''' 4 90
Chicaro Gas ms
D.isware and Hudson ....:.,,,,:.. - ,g.f 5
Dci9v1re. Lackawanra and NeStern'l2t
Denver and Rio Grande Preferred 10 10 =
Erie ............- OBSERVATION-DISCLOSURES $500 .,
DO lSt preferred observation-disclosures -
DO % preferred ..........'''...''''''''', 80
Fort WaYne .......-. ....-''''''''''' A9Sl Z
General Electric OBSERVATION-DISCLOSURES '''''' O.,
Illinois Central ......... .......'''.'''', -
Lake Shore ....--... .....s..''.'''-' ~,
Michigan Central OBSERVATION-DISCLOSURES =,
Missouri PaCinC .-............' .'''-''''' = ;
New Jersey Central ..........; 1900 q.
Norfolk and Western preferred....-... g,
Northern Pacific ........ ...'.'''''''''' A-72