The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-07-18
.IfELNcL AID iaa54


ne Features ~ tie .sonsy anI sios'
Inrkris.
NEW YORK, July ls,-wan street
apparently remained unconvlnced to-
day that values OF securities had heea
Increased By the capitalization Of santi-
ago, ana prices stubborniy refused to
advance in face Of that event The up
ward tendency Of Americans in London
was viewed with apathy and the few
advanced at the opening here were aot
up 10 the London parity. The aecnmu-
lated orders in commission houses were
OF very small volume, the outside pub
lsc heing apparently taken up With oth-
er Interests than speculation In stocks.
The bears were confident and progress
slve. and were prompt to take advant-
age OF the absence Of buying demand to
attack the market. Sugar was the
first point Of attack and the price
yielded quite readily. but only small
quantities OF stock were dlslodged by
the decline. The weakness Of the coal
ers, which had persisted all week, Cons
dnued U marked feature There is no
doubt there has been liquidation OF long
stock In these companies on account OF
accumulated troubles OF trade. There
Is but a sluggish demand for even the
curtailed output. and the companies
md themselves al odds over the main
tenance OF prices and division of terri
tory. The plans for the construction OF
a new road from the anthracite region
to tidewater had a further unsettllng
effect. Delaware and Hudson was cas-
lly forced down 2lf per cent and Read
ing first preferred and New Jersey
Central also suffered material declines
The bears were also busy with Man
haitian. There was an obvious increase
IN the short account and no apparent
EFFORT to cover 1t over Sunday. The
bank statement is not readily analysed
The decrease In cash Of NQ49, 500 Is
practically all accounted for by the
gains Of the sub-treasury during the
week on account OF the bond sHbscrlp-
lions. The governments gain on this
account are not reflected in the deposit
average Of the banks as wns the case
last week. The loan expansion is con-
slderably curtalled. but stEll reflects a
good business situation. The legal re-
serve requirement Is very little chang
ed by reason OF the small decrease In
deposits 80 that the decline in cash Is
almost all reflected In the decrease OF
surplus.
The government crop report caused
some depression, owing to declines in
condition compared with the previous
month, In spite of high average COM
pared with former years and on estl-
mated crop exceeding 600,000,000 bushels
Of wheat, The hesitation of the stock
market is due in no small part to the
enormous exports and the high prices OF
last year with which comparisons for
this year Will have to be made.
United States old Is coupon declined
II. the new IS coupon one; the IS cou-
pom Il per cent; do registered and new
IS registered "a per cent and the old Is
registered Y per cent In the bid price.
BONDS AND STOCK QUOTATIONS.
U. S, new Is reg 1913 lore. R. & Nav. g
90 coupon. ...la Pittsburgh ....,lI0
U. .. IS ,........lV9h IRe1dlng ........ ~
DO coupon. ..ff0 do iirst pre-, SS9i
do seconds -. IS Rock Island -. 95ls
u. s. IS reg....,.lil lSt Paul 49,, 9SS
do Is coupon. liz do preferred. Isl
Pacific Is OF 'g5. .l0il St p. & Omahn. Sl9s
AtchisOn ......... 1871 do preferred. ..l5o
do preferred, AA Southern Pac... i9A
Bal e. Ohio....., 13t4l'TeXas 4 Pac..., l2Ss
Can. Paelfc...... So Union Pac., pre-. g.
can. SOUTHERN. h25E Wabash .,....... III
Central Pacific, ltiEl do preferred. =. 1Sk
Ches & 0hio.... 2gh lWheel'g & l.. +. l
Chi. q Alton. ..l5g do preferred. S
Chi, Bur. & Q. .105h Adams Ex...... 80
e. c. G. & st. l.. 40as american Elk. .l32
do preferred. So ~. s. Express. 20
Del. a Hudson. .lOflS Wells Fargo. lis
Del, Lack. & WIS lam. Spirits. -. l2is
Den. & Rio c.. liaS do preferred. =. $40,
do preferred. 4slS Am. Tobacco. .liSA
Erie new ..,...l3 do preferred $50
do firSt pro-. II Peoples Cas-. 918
Fort Wayne LILO lCol i. & Iron. 20
Hooking Valley. ~ do preferred. 80
Illinois Central. .lOS1t lGen. Electric. So,
Lake Erie & W. 1871 Illinois Steel 5Tik
do Preferred. eislLeRd ............. 33is
Lake Shore. Ills do preferred. ..l07 Il
Lou. & NASH. 59at Pacific Mnll.... 2Sik
Mich. Central. .,lOiis Pullman Pal. .209
Mo. Pacihc...., AislSilver Cer........ s.
". j, Central, SSH Sugar ............IS9A
y. Y. Central....1l1 do preferred. ..liSI
&orthW eaterr ...l26l5 Tenn Coal & I. 2ils
do preferred. .lIgis 10. 8. LEATHER. az
Northern Pac... ~ do preferred. :. GGt
do Preferred. 6gas Western Union. 90
BreSdstnfTS ana Prov tslaaa.