Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-04-01

Mexican dollars 45c.
T. : rev As registered :. ............l2 1921
) new Is coupons =. ........... 1922
r. S is registered..,. -. ...... .1Gs52
L. 5. IS coupons. 49,. 80 ...-.--..-....1ll
L. :. 2S......- ..---..- ......s-.- "
s IS registered. lila
= s IS coupons. NEUTRALITY-SUSPICIOUS.. INA
Pacific rs of Observation-Disclosures. 1854
Government bonds strong.
State bonds dull.
Railroad bonds weak.
Stocks-There were rather mysteri-
Gus undercurrents all day in the stock
market which nothing in the public
news served to explain and for which
The gossip in Wall street found numer-
Gus and contradictory explanations.
The opening slump, in which losses
ranged from one to two\ points and
upwards, seemed to be in sympathy
". h an earlier decline in London, the
more so as the selling Of Americans
IN London was said to be for New
York account of operators who were
100 eager to take theiI profits on yes
terdays rise to wait for the openins
IN New York. But the opening prices
we're proved to be the lowest for the
lime Icing, and there was an eager de-
mand Immediately manifest for stocks
all through the list. This demand con-
tinued with only short periods Of
cessation throughout the morning ses-
sion and rallied prices almost or
quite to last nights closing level. The
natural inference from this would be
that if the earlier selling in London
was for New York account it was for
Tho ct OFT h
in the New York market found re-
spouse in rally on the foreign ex-
changes in the prices Of American Sc
curities and also Of Spanish securities,
which were also depressed early in the
day on pessimistic reports from Mad
rid. The latter portion of the day saw
persistent decline in prices in New
York. with only occasional periods OF
steadiness, most stocks falling below
the opening prices and closing at or
near the lowest. The appropriation by
the New York Legislature OF one mil
lion dollars emergency fund for de-
Tense was the nominal motive of the
later decline. Although nearly the
whole of The citys business was done
at prices below last nights level, and
dlluOuSu luC HtA CIdAS1to oiO eiAA ~
the side Of losses extending between
/ and points for most stocks and
over that in special cases, 1t was very
obvious that a large and rather eager
demand for stocks was satisfied during
the day. and it was the prevailing I'M
preston in the street that the opening
decline was manipulated to give op-
portunity to satisfy this demand.
Aside from the bullish sentiment
created among the room traders by
this undertone Of strength and the
belief that the demand for stocks was
due to some hidden motive or undls-
closed information regarding Spain
intentions, the general outlook was
hot considered promising. The money
market reflected the uncertainty in the
outlook more accurately than did the
stock market. Lenders are holding
out for stiff rates for time money and
borrowers are not disposed to pay the
rates asked. as it is ceTtlin that any
prospect of peace would Immediately
result in an abundance of money. The
general neglect of the time money
market and the resort of borrowers to
call loans, resulted in stiffening call
rates to-day. The exchange market
was dull and neglected, the turther
Importation of gold being largely de-
pendent on the outcome of the con-
troversv between the United States
- -
snd Spain.
The bond n,arket was less active
j., -, r;oe, showed ten
IAN STOCKS anu III lCo9 on, IT,
dency to sag throughout the day. 10
taI catec 81 775 900
80 ''t0'' 40 and tho old As
q . new ) res an" -, -
reg were 10 higher. ana lne "a
hirho,. t;a
III +D+ai s.,os of stocks to-day were
me toldl SdieS W
sN1.bZU SndleS.
Ouotattonc closed bid:
. fl1s
ia nreferred ...... ................ 2S's
Rauimore and ONO ..............-....- 10
Cauadg Pacific -. .....''.''''''' - -
Central Pacific a.. ...... ..........'-... -,
Chesapeake and Ohio ........'''.. $3.50. !: =
chicago and Alton .........:,.:..-..''-loo 20
CHicagoh Darlington and quincy. ~
Delaware and Hudson ...-.. ,.....i V@'s
Delaware IackawanTa and western ~
Fort Wavne -. ....... LOT
t-HNoS central 800. .'''''''''' "A
lake Erie ara western '.'''-''''-'''' ~
louisville arid Nashville .............. o9,s
Ai-t~4,'.,ttL - o,..e1, ra;iu-a1r 1905