Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-05-04
FINANCE IND TDAI)E.

Iilll:SUL EligD lIliIyL.
New York, May 3.-Eyening Posts
London financial cablegram:
The stock markets here opened good
to-day on the American war news.
americans naturally lead, but the sup
port here was entirely bears covering
and professional operations There was
Do general buying and general prices
closed under the best.
New York May 3-Money on call
firm at 215M31a per cent; last loan at
-'2 per cent
Prime mercantile paper ca per cent.
sterling exchange firm. with actual
business in bankers bills al S4.S4A a
+a for demand and at $4.S1@4S1A
H. ~ days; posted rates sLS1h6AS2
y-' SA550AS5ia.
Commercial bills s4S0@4S012.
Svi certificates 55% @56hc.
Bat silver 55Mc.
NsNc4n dollars 45Mc.
Srw is registered. ..... 120iaG121l2
uew AZ coupon. .s......... .1213sff12112
REGISTERED. ..............lGS ul0Sl2
coupons. .l0Sl2 "a 109i4
2 =. -l-........... .s.............-. -
81 IS r.-lstcrcd. ...............llG Mill
ons-............-...ll0 an
'"''H' Ri III 9o...-.-......-.....-lV 5
Government bonds strong.
stale bonds dull.
Railroad bonds irregular.
7,ocks-Atter yesterdays violent adj
vance in prices Of stocks some reac-
Won was to be expected to-day. The
llal Et, opened as was the case yester-
wy NJh heavy selling orders by large
oP raJors who were DESTROYS of taking
PROFITS. The resumption Of trading af-
be holiday in London brought in
ND element which made it more diff
'id 70 manipulate the market for
l London refused to accept to the
ltl extent the sanguine view taken
Yesterday BY Wall street OF the bene-
w % accrue from Commodore Dewey's
Nl.c'y at Manila. American securities
N!la ono or two exceptions, showed de-
ciafs en- the London exchange before
.f oaaning here. Yesterdays events
III wal street had so far awakened
outside interest in the market that
commission houses found their books
ued with buying orders. The heavi-
mss n London affected opening quota
loHs. hpt they were not down to the
.-aA4en parity and they were sustained
wy very heavy commission house buy
"s curing The first hour. This invited
e'Hage selling and the shares of diff
en' stocks sold for London account
- Nsro estimated ut rs high as So.
eNats The market showed re-
ht'. resistance TO the pressure OF
.3'ng as well as To the heavy
TIA y large operators who be-
tAt the rapid advance OF the
Nu Arce days had gone as far
Ur. The failure Of the market
aroa served 20 discourage the
resi and buying orders were
iee market gradually sag
ower level There was rath-
ng field presented for a bear
.. ile fact that tomorrow will
tN made the professionals
putting out short contracts.
influenced those of them who
a0 he market to take their
ne hrmncss OF the market
strength shown by some spe-
h.i me professional sentiment
AAal hour t0 the bull side There
q heavy buying movement
'efrd the price Of The market
nearly back to last nights level
aA.ished numerous noteworthy
~ s through the list. A feature
Oar was the lifting OF number
,i'e stocks 10 the higher market
established by the rise Of the
~ 'N GAYS. The scope of the trad
was broad and embraced large
ol stocks. The money market
f. ' some tendency to harden in
ar , nim,ercial paper department and
G. aS 1'l ioans. \ further engagement
I'm, V... V Of gold for import was
sctn., The rise OF a per cent in the
n. fate for sterling exchange in
ol,i, these developments was unex-
a7, nue. pond market was active and
re~ ~,E ln The early dealings, but there
Hr. a'er realizations in the specula-
ls,,s issues which carried their prices
ST. iast nights level. Total sales
Ii :. new As registered advanced
IT, ~ coupon 13s. the old As T. and
a per cent. in the bid price.