Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-11-22

New YORK, november zl.-Evenlng
Posts London financial cablegram:
The activity and strength of Ameri-
cans was the only feature in the stock
markets here to-day. Americans were
good on continental and New York sup
port.
New York, November 21.-Money on
call steady at 2021a per cent; last loan
at "a per cent.
Prime mercantile paper 3h@4h per
cent.
Sterling exchange steady, with actual
business in bankers bills at S4S5A %
4.S55a for demand and at $4S2A @4.82h
for sixty days; posted rates $4.S3 and
$4s61s.
Commercial bills $4.S1@4.S1h.
Silver certificates 60h @61hc.
Bar silver 605sc.
Mexican dollars 47hc.
Government bonds strong.
State bonds inactive.
Railroad bonds strong.
New York. November 21.-The up
ward movement of prices in the stock
market was at full tide to-day when
the afternoon special editions brought
the Paris bulletin to the Associated
Press announcing that the President
of the Spanish peace commission had
declined to proceed with the nego'ia-
lions after the presentation Of the Uni
ted States commissioners final terms.
The professional room traders turned
sellers Immediately and the large buy
ing orders which were being executed
all around the room were apparently
withdrawn. Prices melted away quite
rapidly in this condition of affairs I'M
til declines had reached nearly a point
in many cases. Supporting orders were
then placed in many leading stocks
and the decline was checked There
was no apparent disposition to con-
tinue the buying movement, however.
and for time during the last hour
the market fell into almost entire neg
lect. This condition of affairs invited
renewed short selling and the drift was
slowly downward to the close. The
net result is that many stocks which
were not conspicuously strong in the
early dealings closed lower than on
Saturday, while the notable advances
in the leaders are much reduced.
Atchison preferred easily continued
it's leadership of the railroad list and
made it's way through food of offer
ings up 21s points to 471s before the
Paris news checked the advance. Peo-
pies Gas reflected also very heavy
demand and rose at one time 23s, but
saved less than point in that gain.
The early movement of the market was
confined very largely to special stocks,
ho ND
ed Southwestern selling somewhat.
Northwestern was an exception in the
granger group and gained 2% points
and IFS subsidiary company. st. Paul
and Omaha, rose nearly 2 points. B. &
O. issues also showed very marked
strength. Early in the Pennsylvania
sprang into activity and made nota-
BILE advance of 215 points. supplement-
ed closely by Pittsburg, G. c. & st. l..
preferred. This gave renewed tone to
the whole market and led to the
strongest upward movement of the day,
the level of prices being quite generally
lifted near point over Saturday. The
story of the reaction is told above.
TTneasiness over the stringent condi-
ton of money in Berlin and the APP
preaching maturity Of large obligations
there had apparently subsidized. The
Northwestern railroad stocks were re-
lieved from pressure and the threat
ened rupture between Northern Pa
cific and Oregon Navigation fell into
the background.
There was very large and well-dis-
tributed demand for bonds and some
sharp advances in prices resulted,
which were well maintained to the
close in snite of the weakness in
stocks. Total sales s445o000 u. S.
IS registered and the SIS coupon adj
vanced 4 and the Is. the IS coupon,
the old and new is registerod and the
SIS registered II in tho hid Orice.
The total sales of stocks to-day were
570.100 shares.