Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-08-03
government bonds strong.
state bonds dull.

Hallroad bonds strong.
SUGGESTIVE tendency of the snecu-
1atlon in railroad stocks to seperate it.
sell from that industrial specialties be-
came more marked to-day than yester-
Jay The industrials have not vet fall
en- 70 minor place in the speculation.
as they are likely to do at time when
widespread general demand springs
up for standard railroad securities. but
mere was evidences of a elimination
OF speculative movements in some Of
tnem to-day and the realizing was COW
ered by manipulative advances in 9TH
crs. brooklyn Transit and Rubber
were the most conspicuous sufferers
from liquidation, with Tobacco and
NIotton Oil continued to advance. BY
Jar the most significant movement in
the market was the enlarged demand
Tor railroad stocks. This was most
conspicuous in the grangers, but the
Paciflcs also shared in the movement
and there was distinctly broadening
tendency all through the list, various
inert stocks making large, because be-
lated, advances to the higher level es-
IaDilshed in the last two days. The
granger movement turned On traffic
possibilities and was accompanied by
antlmatlons that some of the group will
snow an increase in earnings for July
IN spite of the large falling off in the
grain movement as compared with
last year. Much Importance was given
TO the report received by the State De-
partment from the United States consul
at Moscow that Russia is considering a
proposition to forbid the expectation
or grain owing to the failure of the
crop to make good the past years
large depletion in reserves. The fact
that gold imports were fairly inaugur-
ated to-day with the announcer, emf
that over $2000,C0O was engaged in
London for import and over $1,000, Geo
shipped from Sydney for San Francisco
mad a substantial effect in hardening
the market. There was nothing in the
local money market, however, to fndi-
cate the need of additional funds. The
sub-treasury is again losing largely to
the banks on account of war expendi-
lures and there is no appreciate de-
mand from the interior, in spite of the
large increase in business and the
movement of the crops
The bond market was active to-day
in middle and lower grade issues, which
quite generally advanced. Total sales,
$3,245,0 GEO.
United States IS touched 105 to-day
on sales and the governments were
strong all around on the announcement
by a treasury official that there would
be probably o need OF another issue of
be probably no need of another issue Of
revenue receipts under the law. United
States new Is and the old is register
ed advanced Il and the IS, the old As
coupon and the new4s advanced n in
the bid price.
Total sales of stocks to-day were
969, 100. Quotations closed bid:
Do preferred .... .............,... 345s
Baltimore and Ohio ..................... -
Carada Pacific ............"""....... q
Chesapeake and Ohio ................. 22l2
Chicago and Alton .....................160
Chicago, burlington and Quincy. 1925
Delaware. Lackawanna and Western. 1873
Fort wayne 49,. .'............-.' ...'.'1ao00
Illinois Central .::..:.. ...............19.
Lake Erie and Western ............... IA
Do preferred .......... ............... II
Louisville, and Nashville ............. 597s
M Msnhasdan street Railway ..:..:isi
= Michigan Central ............. 10Y
Missouri Pacific ....... .................. IA
Northern Pacific Observation-Disclosures. 20
Do preferred .................. rs
PtttSDurg
Reading ................ .................. ~
Rock Island ....... .....................,9 5ss
no preferrea .:::: .1S3H
Southern Pacific ......... ............... 20
Texas and Pacific ........ ........... 1924
Unffn Pacific ......................... 62ls