Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-12-03
Mexican dollars 46asc.
Government bonds strong.


State boGds steady.
RAILROAD bonds strong.
Stocks The stock market in New
York refused to respond to the sangu-
inc view manifested on the LONDON
exchange as TO the future value of
American securities. Americans were
the features of that market and were
marked up quite sharply before the
opening here. The countermandiug of
orders for engagement of gold for
shipment to New York alleviated ap-
prehension in London over the money
outlook The rate for call money
there fell to 212 per cent, and was cas-
Ter also in Paris as a result of the ex-
tensive accommodation accorded the
money market by the Bank OF Eng
land and the Bank of France. The eff
feet in New York Of the higher prices
abroad was only temporary and the
demand for standard stocks became
semi-stagn In the dullness which
supervened the movement of prices for
standard stocks was extremely irreg
ular, the irreguiarity extending SO far
as a contrary movement of different
issues of the same company. Thus
the preferred stock Of Chicago & East
ern Illinois and ST. Louis & San Fran
cisco first preferred moved upward,
while the common stock Of the former
and the second preferred stock of the
latter suffered heavy losses. The pre-
ferred stock Of Union Pacific was also
firmer relatively than the common
stock. Generally speaking, the Pa
cific stocks, including North, Union,
Central and Southern Pacific, suffered
from extensive profit taking sales. The
Changers were in the same category.
The sluggishness and heaviness of the
railroad list caused continued diver
sion of speculative activity into the
industrial specialties.
Sugar showed the greatest activity
and it's decline in the late dealings
after an early period of strength was
no small factor in the heavinesS to-
war s the close. Decline in this spe-
cialty was based on the lowering in
price of the product of a leading COM
petitor and then opening that the de-
hoe hlon a1tnOorhnr h
normal Brooklyn Transit rose at
one time above seventy to the high
record price, and Metropolitan Street
Railway was strong on the talk of
in increase of the dividend. The pre-
ferred stocks of the Rubber and
Leather companies enjoyed the benefit
IF favorable trade conditions. Federal
Steel preferred was suddenly marked
up almost point without any explain
atory news Development, and other iron
and steel stocks responded in SYM
pathy. Linseed Oil rose Ga on the
reported underwriting by q syndicate
of the reorganization plan, but lost it
all. General Electric was helped by
. the expected declaration of $3.50 of
the accumulated dividend of the pre-
Eerred stock. Pacific Mail was a
strong feature on the increase III net
earnings for October of SCISSOR, due
to the increased trade activity in the
Pacific ocean. The anticipation of
poor fourth week traffic returns for
railroads on account of bad weather
had its influence in causing the reac-
ton. The days net changes are
mixed.
The bond market was active and
prices were better sustained than in
stocks. Iron Mountain fives were a
feature with a rise above par TO 101,
and Denver & Rio Grande tours were
added to the list Of reorganization
fours valued at par or Dove. Total
sales, s4,955.0O0.
United States old fours registered
and the twos advanced Il in the bid
price.
Total sales of stocks to-day were
525,700 shares.
Quotations closed bid:
Atobieoo 1885