Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-04-20
Government bonds weak.
State bonds duh.
Railroad bonds weak.

Stocks.-Thre are men in Wall street
still who believe that not a gun will
be fired in war between the United
gtates and Spain. 1t is difficult to find
what they base this assumption on, but
they hold it with sufficient tenacity to
decline to sell out their holdings in
securities ara they buy additional Sc
curities at any material decline. These
BUYERS were in the market at the open
ing to-day and they sustained prices
above the London parity. thus inviting
sales 70 rarbitrage account Of many
thousand shares OF Tie International
securities, which had been bought in
London cit the lower prices ruling
there. The early declines in London
seemed to indicate a practical aban-
comment of the hopes of peace and
Spanish is both in London and Paris
dropped 51a per cent. This weakness
OF Spanish securities was especially
demcralizing on the Paris bourse. The
support accorded to Americans in New
York after the opening here without
change ia sentiment in London and
also in Berlin and later dealings there
witnessed a recovery in americans,
though the Spanish bonds continued
10 drop. Ills tendency continued in
London eYel after the close Of the ex-
change in The trading on the street.
lt was aJendency that gave solor to
he s0elef IN certain circles in Wall
street that Spain Is prepared to relin-
auish Cuba as a last resort. The sell
iug mere for London account was new
crJheless sufficient to effect declines
an through the list The international
stocks led in the trading and nearly
showed declines OF a point or upwards.
he bear traders were also in evidence
il tine day, but they covered to some
extent, causing a slight rally from the
lowest. There was at no time any
heavy pressure Of liquidation. Deal
ings were slightly larger than yester-.
Gay and were much better distributed,
but the market was still very narrow
and there were nc very big improve
ments in prices.
Operations in the money market
continue very much restricted, though
there is no apparent lack Of money
for call leans en- the stock exchange.
loans being made at per cent. The
tone Of the exchange market was ra-
ther firmer and there were no import
ami engagements OF gold for import.
Holders OF money are inclined to wait
the decision of the government as to a
bond issue. The demand from the in
terror for money cotinues. The high
Yates at which time loans and COM
Mercia paper are ruling are having
their effect in restricting business OPP
efations outside Of speculative circles
The dulness On speculation in securi-
ties is doubtless due also in part to
the diversion OF active speculation in
to the wheat and cotton markets.
The market for railroad bonds con-
tinues semi-stagnant and prices gen
orally declined Total sales. $S25,000.
Caited States new As declined z
and the IS coupon Il per cent in the
bid price to-day Others were IN
changed. The new As coupon sold at
iI15s against 1882 yesterday. but
there was a sale later at lis. The
new As registered sold at 1864 against
sale yesterday at lis, and the ola As
coupon sold at 10S as compared with
10SM Yesterdays last sale
The total sales of stocks to-day were
lS4300 shares.
Quotations closed bid: