Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-08-25

L. S. As registered. Ill Qll2
Y. 81 As coupons............. ll12@lll4
I. D IDS .........-...... w
U. S. 5s registered. .............ll2
Y. 5. 5s coupons. LIZ oils
Pacific 6s of 80. ................lU2l2
State bonds dull
Railroad bonds easier.
STOCKS.-There were several quite i'm
portant elements of positive strength IN
the stock market to-day, but the prepon-
derating influence of several features and
the very heavy profit taking by large
holders of leading stocks nullified them.
The last prices were in nearly all cases
below those of last night. The London
market followed yesterdays New York
weakness and affected the opening here,
causing declines in some of the interna-
tionals. The grangers made a strong
opening in spite of selling on account of
the high level of earnings disclosed by St.
Pauls statement for the third week in
August. Increased movement of grain in
the northwest, which came for the last
few days, is probably reflected in these
earnings, which were 3,35S in excess of
last year, and over S14. 000 in excess of the
high level for the corresponding period
of 1892. The grain movement though aug
mented is not yet, up to last years level
and the large railroad earnings are due
to general traffic resting for the more lib
eral outlay of last years profits by the
people of the west. The sharp advance
in the grangers at the opening due TO buy
ing by commission houses and bidding up
of prices by traders resulted only in bring
ing very heavy offers to realize. There
was change of speculative interest from
St Paul and the grangers into some OF
the lower priced stocks with dividend
prospects. Northern Pacific was most
conspicuous in this class and was absorb
ed in enormous blocks closing at the top
at an advance of 1ss. Union Pacific SYM
pathiZed in a less degree, but the prefer
red stocks in neither case were largely
taken. Rumors of an agreement TO ar
bitrate the war with the Canadian Pacific
helped to impart strength TO the CONT
mental roads There was very large de-
mand for Peoples Gas and marked
strength in some individual stocks; but
these were not sufficient to offset the per-
sistent profit taking. Manhattan was
weak and closed 2 points below last night.
The New York banks continue to lose
bond subscriptions, and there is still diff
Guilty in obtaining the new bonds TO serve
as security to the government for the de-
post of public funds There is a decided
tendency also toward a falling off in gov
eminent disbursements for war expenses
and the interior demands for money are
increasing this week A fall of a quarter
of cent in the actual price of sterling
exchange is suggestive of the source from
which prompt relief would come for any
stringency in money. A curious result QH
the financial strength of the countryrfs
the strength of Spanish As to-day. N is
current talk in Well street that AmIlficaa
funds are going into these bonds@in the
belief that the Spanish governHent will
ma means TO secure interest IN them by
pledging some of the minerG wealth of
There was marked strength in some of
the speculative bonds to-f av. but prices
reacted to some extent III sympathy with
the later weakness in Stocks. Total sales
81, 100000.
&. S. Is advancedT and the IS when
issued declined Is In the bid price
Total sales of Socks to-day were 512,-
100 shares.
Quotations closed bid:
i na nraferradJ. .''''.' .......' d dS5s
r, - ...-.''' .'....'.'..... to1s
Baltimore amy Ohio Observation-Disclosures. 1e
Canada Pa|ffic ............ ............ S44
Central Pa1ifc ........................ III
and Ohio ................. 2S1s
Chicago ind Alton .....................159
Chicago Burlington and Quincy. .117Ss
Delaware, Lackawanna and Western. 1521a
lillnIS Central ............. .............11l1a
Lake Erie and Western ................ 1872
DO preferred $500. ............... q
a,isy 9hore and Nashville sss
Manhattan l. ....-..;.. ;....-......... 9il2
Street Railway .......... .1151a
Michigan central ....-..- ............. lOti2
Missouri Pacific -. ................... 1854
New Jersey Central ................... 80
New York Central ........... ...........1fS1a
Northern Pacific ......... ................ 3S1s
DO preferred .......... .........--.--. l0Ss
PlttsburS ...-... ....-........ .-........l69
ReaulllS ...-....-...... .-...............-.. 10
Reck Island ......... 1855
81 Faul .............,. ................-..-liZfs
Do preferred ............f ..............13l
Southern Pacific ..-......... ..........2 -
Texas and Pacific ........................ Is
Union racine ........ OBSERVATION-DISCLOSURES. bseS
Wheeling and Lake Erie ............ IL
DO preferred .....-... -................ u3s