Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-04-05
Government bonds irregular.
State bends dull.
Railroad bonds strong.

EJNCI LAItIl BOAQS iII%Suldl.
State bends dull.
Railroad bonds strong
Stocks.-The interest and principal
activity in the stock market to-day
were in the first hour The bulge at
tAe opening was caused by the scram-
Bile 10 execute all at once buying orders
for several thousand shares in each
of the leading stocks. These orders
were placed by frightened bears who
saw a warning il the very buoyant
tone assumed by American securities
on foreign exchanges. and who had in
mind the sad experiences of the shorts
last Monday. Upon the execution OF
this mass of orders at the opening
p. res promptly sold off again. The
decline was arrested when rather more
than one-half of the advance had been
wiped out. Transactions for the re-
maindar of the day were small and
fluctuations were narrow outside of
few special cases, and there was little
Of interest or Importance III the stock
market. Notwithstanding the later
weakness net gains of from l 10 over
> points were saved for nearly all the
active stocks. The opening jump in
prices was in sympathy with the buoy
aucy of Americans in foreign ex-
changes. where the reported media
ton Of he Pope between the United
States and Spain was viewed as of the
utmost Importance. This Importance
was enhanced by the fact that the re-
ports given out from Spanish sources
had it that the Pope's mediation was
Of
States. The sentiment for peaceful
adjustment which found expression IN
many pulpits in this country at Sun
days religious services tended to give
color to the peaceful outlook. Profess
s0nal stock traders who were after the
bears scalps were also very busy dis
semnating an allegation that Presl-
dent Mckinley had determined to en-
body a recommendation against war
or forcble intervention in Cuba in his
forthcoming message. The early view,
it was soon believed, had exaggerated
the possibilities of peace. The Official
denial from Washington that the Pope
had been accepted as mediator De
tween the United States and Spain was
potent in dispelling this view. Express
sions by men in Washington VINO are
strenuous for firm action on the Cuban
question Old who expressed their con-
tertment with assurances given them
after having seen the President indl-
Gated the purpose OF the admlnlstra-
ton to insist upon Cuban independ-
ence. Notwithstanding these later re-
visions of opinion, the active measures
taken by the Pope was felt to offer a
possible means Of influencing Spain to
Weld 10 the demands of the United
States. especially as the opinion OF
the Vatican heretofore reported m
clned favorably toward the granting
Of Cuban independence. This constl,
rn-ed the sustaining force which saved
Tie market from a full reaction from
its opening gains. f.o,
The bond market was dull and after
opening strong prices eased on a NIUE
but stiffened again before the close.
Baltimore & Chic 6s, Parkersours
branch. sold at 104. decline OF II
points from the last sale. Total saies'
The United States new As registered
advanced ~; do coupon, rs, the ola
As registered /. do coupon and the os
-. and the IS declined " per cent piu,
The total sales of stocks to-day were
~