Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-02-09


pr cent
Prime mercantile paper 3d4 per cent.
Siring exchange strong, with ac-
rll business in bankers bills at
81 s5is Tor demand and at 81 1914 for
xty days.
Posted rates 81 s4Q4 s61s.
Commercial bills s. S2A@4 S212.
SILVER certificates 56h@571bc.
Bar silver 5612c.
Mexican dollars 45l4c.
f. s.. new Is registered. ............12 S3l
l. $ new As coupons. 1854
II. s. As registered ......-..,....-......il5 %s
L. s.. Is coupons. ACKNOWLEDGEMENTS. LIPS
L. IS. IDS. ...,.....................l VO
H. :. 5s registered. ....................1l3 s4
Y. +. IS couRons.-....'-.. LA
Pacific 6s OF ACKNOWLEDGEMENTS. ...104
Governments-Stron
States-Dull.
Rairoads-Irregular.
Stocks-The stock market sue
cumbed to the Cuban scare to-day in
spite of Londons indifference to the
fears reflected by the New York Ex-
change of a rupture between the
United Stats and Spain. The strength
OF American securities in Londan was
partly accounted for by the progress
OF the periodical settlement of ac-
counts on that exchange. Prices were
bid up sharply there before the OPEN
ing here, and resulted in sympathetic
j Sc in international securities at the
upaning. Not only was this the case,
but when heaviness developed here
Londan was a liberal buyer at the de-
cline and was q very important factor
in sustaining prices during the fore
noon session. Americans were in de-
mand in other foreign centres, ana
from Frankfort comes the report that
they were the features and the sustain
ing force OF the market. Denver & Rio
CrlanQ preferred was the favorite with
London, and it was able to hold a sub
stantial gain to the close, a conspicu-
Gus exception in this respect. Quite
a number of stocks developed aggre6-
sive strength at one time or other dur
ing the day. Metropolitan street rail-
way rose at one time points but fiuc-
tuated feyerishly below that in the
final dealings. Michigan Central,
Northwest, Omaha, Pullman, Lake
Erie & Western preferred and a few
less conspicuous stocks were at one
time over q point above last nights
close, but the gains We're practically
eradicated The early weakness de-
yelOped in the Union Pacific stocks and
Norfolk & Western preferred was
keenly affected by profit taking. Man
haitian also broke ia points early IN
the trading but showed g better tone
later. General Electric and Pittsburg
O., c. & st. Louis were also heavy.
The earlier weakness of the market
had been to a large extent overcome
by the strength in special stocks when
the news was received OF the reS0lu-
tiOns proposing intervention in Cuba,
which were introduced in the Senate
This broke the market in the final
hour and resulted in the most severe
shaking cut since the ordering Of the
Maine to Havana. The covering of
shorts made but a feeble rally and
there was a disposition to renewed
liquidation before the close. The
money market weakened very appre-
ciably to-day, call loans being made
at l per cent Domestic exchange at
some interior points has turned sharp
ly against New York and the with
drawal of an additional 10 per cent
instalment of the government deposits
vi Tie 0AlOn i CClllN pa liIC2It 10 Qit0
tomorrow. But these factors were
unayallng to hold the money rate.
The sharp rise in the sterling eX-
change Of II cent in the actual rates
end OF zee in the posted rates is prob
ably TO be attributed directly to the
weakening of the market. Exchange
bills are offered, however, at only &c
above the demand rate for delivery III
April and at 11ac above the demand
rate for delivery in May.
This indicates that the present stiff
ness of exchange rates is not expected
to hold.
Deaungs in bonds continued very
large to-day but there was nc individ-
ual transactions Of such magnitude rs
yesterday There was some DISPOSE
ton to realize in the speculative issues
but the general tendency was upward
in the early dealings. Prices yielded
to some extent with the break in
stocks. Total sales $5,775,000.
L. S. Is advanced isc bid.
The total sales of stocks to-day ware
3S3. 400 shares.
Quotations closed bid:
A{caSon -..;...... ........-..,.....,.. a ~
ID iaa s1l