Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-08-23

STOCKS-The stock market resumed It's
familiar character OF the greater part Oh
last week to-day with the exception that
the early strength OF stocks was not FUZZY
recovered at any time subsequently. IN
fact the closing was rather easy IN tone
prices being sustained with apparent on
ficulty at d. point decidedly below the best,
but somewhat above the lowest. IN Ille
grangers the opening prices were the
best at level OF ABOUT 70 = apoEe l'le
buoyant top prices of Friday afternoon.
This level was helped by the marking up
of Americans in London before the open
ing here on cabied orders from New orK.
1t was the evident purpose to make the
opening high tor liquidation on prohts.
The commission houses were known to
have a large volume of orders to buy ana
in many cases there was no price re-
striction on these, the order being 10 buy
at the market. Inc realizing sales IN the
first hour were very heavy and IN spite
of the large outside demand prices OF the
grangerS melted away before the prOht
tax ng sales Before St Paul had entire
ly lost its advance there was a letting up
of the pressure to sell and prices turned
upwards again. The tone of the group
was somewhat heavy the rest OF the day,
though ST. Paul rallied above ll3 before
the close. The Pacific stocks also slowed
evidence of profit taking, but the North
ern Pacific rallied on the showing OF an
increase of earnings for the second week
in August, of i6o44 snares lhere was
heavy buying of Atchison during the
close on reports of project for steam
Gus extraordinary price movements in
special stocks. Minnesota Iron covering
a range Of II points, and Illinois Steel
about i've points in efforts to adjust pro-
portion of valuation on the consolidation.
International paper stock was up II points
and Consolidated Gas had break OF
about ~ points. Cotton oil advanced IA,
and rubber almost points ard lost il all.
There were extreme movements and there
were subsequent reactions ana recOVerieS
which rducd them. Manhattan was con
sistently weak and Peoples Gas was raid
ed down points by the bears, but alter
wards fully recovered. The railroad list
generally held very firm in spits of the
unsettling influences of weakness in the
specialties and profit taking in the gran
gers, many stocks showing gains ranging
up TO point or over. Sterling exchange
showed u further decline on the dlmn
ished offerings of stocks by London in the
stock. The break in wheat had a some
what unsettling effect in the stock mar
ket, but the large increase in primary re-
ceipts makes Tor the benefits OF the rail-
roads
The bond market was active to-day and
showed higher prices, the Atchison issues
being conspicuous. Total sales, S3.6iG 00J
Total sales of stocks to-day were Gil, 400
shares.
Quotations closed bid:
~ - -. -'''''''' .'''.'''''-''''' - a
Bd 19 nFglef a9d Ohio .'.'.-''-' q g
Central Pacific ............. ...... IN
Chesapeake and Chic .................. %
Chicago and Alton ........ ..............I59
Chicago, Burlington and Quincy. .llSls
Delaware and Hudson ...... .........1GSl4
Delaware. Lackawanna and Westerp,Jy52.2
Fort W ayne go. .........-...........S12
lllirGois Central ........ ................ 1121a
Lake Erie and Western ............... 2lL4
10 preferred confluence. -............. 50
Lake Shore ....... ..................l9 1921
Louisville and Nashville ........... 59s,
Manhattan l. 81. Northumberland. 99Is
NptroDoJiran Traction -cn
Michigan Central ............ .........l0S
missouri Paclf1c ......... ................ 373s
New Jersey Central e. ............ q
New YORK central .1l9is
Northern Pacific Observation-Disclosures. 37ls
Do preferred ...... .............. 1885
IlNtSuuIS .....-.- .-..--. .--.-...-...-..150
nteA.ttus ...'-..-.... ..---...-.-......... Iys.
! Rock Island Observation-Disclosures. 1851.
.. IdCi 49,.
De preferred ACKNOWLEDGEMENTS. ....-. l59lo
Southern Pacific ...... ..... p
ItAas anu racine ...-.-..............., 15Ss
Wheeling and Lkae Erie ............. ia
10 preferred ACKNOWLEDGEMENTS. III