Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-01-18

Pacific Cs OF '95 .........................lU 1854
Government bonds easier.
state bonds easier.
Railroad bonds strong.
Standard shares snow &
fractional improvement on the day eX-
eeDe in the case of some shares in
which special Influences were operat-
ing in their favor and there the i'm
Increment vas marked. The dealings
we're widely distributed and had a gen
orally healthy tone. Stocks sold fri
day and Saturday on the ground Of
possible foreign complications, were
re-purchased to-day, the total dealings
amounting to nearly half million
shares. London and the continental
bourscs were sustaining factors, al
though the puycb Qses for foreign &c
count were meGgre as the local mar
ket early outstripped the foreign initi-
alive toward a ilSher level. Pro-
noUncad activity and strength were
displayed in the local transportation
shares. Metropolitan Traction making
a gain of 81. that security being mark
ed ND by its friends on rumors of
closer relations to Manhattan elevated,
ii being reported that with the install
lation Of an electrical equipment for
the Manhattan Elevated Railway, the
Metropolitan property could effect a
saving by utilizing the electrical pow
er The rUmOr, however, received no
published yeTiication.
Sugar. on enormous transactions,
made 4 net gain Of q, although in the
earlier transactions there was con-
siderable weakness noted in that Sc
curity The cid subject was brought
up Of what the result Of Hawaiian an
neXation would be with free importa-
ton Of Hawaiian sugar and the prob
ability that by midsummer that there
would be competition between sugar
refneTies now being erected. Stocks OF
properties located in the Pacific north
west were generally benefited by the
belief that they would secure much
traffic owing to the Klondike boom.
Oregon Railway and Navigation Com
pany had earnings from July l TO No
Tcmler 80 said TO be very large. Bur-
lir2ton, ST. Paul, Northern Pacific and
Union Pacific were strong. The nom
appearance Of the Nebraska maximum
freirht decision was a sustaining fac
tor in the days business. Brokers
seemed to give some credit to the re-
ports CT closer relations in tho arrange
ment of all the Vanderbilt railways
Lake Shore, Michigan Central and and
New York Central were particularly
strong, showing approximate gains Of
two per cent. National Lead on very
small transactions was fractionally
higher.
The fact that New York and Chicago
are lending money on the London and
Continental markets continues to be
favorable factors The foreigners SO
far having liduidated their debt for
Americas unparalleled exports only
to the extent Of returning American Sc
cuTities. In to-day's market the gains
OF Importance wero Consolidated Gas 2.
Wells-Fargo 4. Manhattan 23B. Metro
pOitan Traction 61s, Northern Pacific
IL OREGON Railway and Navigation
AK, preferred Ia, Pittsbure Cincin-
natl. Chicago and St Louis "a, West
ern Gas Company 2, Wisconsin Central
>, and the stocks closed strong.
The bond market showed q falling off
in transactions. but desirable UNDER
tone Of strength was evident which
was reflected il substantial anprecla-
TONS in many of the usually dormant
issues Seattle, Lake Shore and East
ern first trust receipts jumped seven
points to p On reported competition
for control Of the road. but subsequent
" LOST one one-balf OF the rise. Wis
consin entral frsts trust receipts were
also In urgent demand and gained Il.
The aggregate sales were s3.525.000.
Government bonds showed heavineSs,
the fves and new AS losing slightly.
The total sales OF stocks to-day were
$4,000 shares.
Quotations closed bid: