Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-10-28
Mexican dollars 47Ac.

Government bonds weak.
State bonds inactive.
Railroad bonds strong.
StOcks-The stock market showed
continuation of yesterdays strength to-
day, and the speculative active activity
broadened out considerably in addl-
ton. There was not quite such con-
jestion of trading in Tobacco and
Sugar, although those stocks con-
tinued to be the leaders in point OF
activity. They were traded in nearly
all day at a level below yesterdays
close, though each stock advanced
slightly above yesterdays price for
brief interval. The covering of shorts,
which caused yesterdays rise in Sugar,
left that stock weak again and the eX-
treme decline from the high point was
SIC. A rally at the close leaves the
net loss 81. Tobacco was under press
ure on the supposition that the re-
Gently incorporated company is destined
to be a powerful competitor and on
denials of accessions to the American
company CT outside plug tobacco COM
panies. The stock was at one time Off
pa, but closed with a small net gain.
In railroad securities, the continued
dullness and hesitation on foreign eX-
changes was without effect There
was a large demand for quite an ex-
tensive list OF railroad stocks, the
grangers leading, with pretty much all
the western and southwestern roads
showing a good tone. The eastern
trunk lines continued to lag on account
of the admittedly bad rate situation IN
that territory, which nuliifies the bellet
of the exceptionally large tonnage
which is being moved. st. Paul was
the leader in the railroad list and the
movement of stock was supposed to
foreshdaow a good September state
ment, due tomorrow. The gross in
crease Of that period in earnings is
known to be well On toward $50O,OOO,
and it is surmised that the statement
will show reduction in the recent
heavy rates OF expenditures for i'm
provements charged to operating ex-
penses. The September statement of
Union Pacific, while showing de-
crease of over $4,000 in gross earn
ings, showed operating expenses so
largely reduced as to leave an increase
in surplus earnings of S112,554. The
delayed movement Of cotton now COM
ing forward and the decrease CT yellow
fever foreshadows good earnings for
southern and southwestern railroads.
The easier tone to-day of sterling eX-
change was the direct result OF the
calmer feeling in Paris. There was
heavy demand for sterling exchange
here yesterday for Paris account, which
sprang from the same cause as that
which lifted exchange on London IN
Paris above the gold export point,
namely, the pressure to transfer funds
from Paris to London. II is now
known also that the violent recovery
in British consols was partly due to
buying for account Of timid Paris cap
ital because of domestic disquiet, but
not altogether to the relief Of the
Anglo-French tension over Fashoda.
There was a good absorption of rail-
read bonds to-day and prices are gen.
orally higher Total sales. $3,4S0 600.
United States new fours coupon de-
clined Il, do. registered Il. and threes
registered advanced Is in the bid price.
The total sales of stocks to-day were
$4,000 shares. Quotations closed bid:
Atchison ......-.................... IN
Baltimore and Ohoi :. :. :. :. :. "A
Canada Pacific :. :. :. :. :. :. :. SIS
Canada southern 49, .
Central Pacific :. :. :. :. :. %
Chesapeake and Ohio :. :. :. :. -. l4
Chicago and Alton :. :. :. :. :. ..153
Chicago, Burlington and Quincy ......u6A
Delaware and Hudson :. :. :. :. ..102
Delaware. Lackawanna and Western. 10 =
Erie new :. .....-.-.. lsss
DO. 1st preferred :. 53A
Illinois Central :. :. :. :. :. :. :. ..10sss
Louisville and Nashville :. :. :. 80. 56I
Michigan Central . :. :. :. .106i5
Missouri Pacific :. :. :. -. ssh
New Jersey Central :. :. :. :. :. ...- S.
New York Central -. :. HAS
Northern Pacific :. :. :. :. :. -. :. 4eSs
Do. preferred :. :. :. :. :. :. ....... rs
Pttsburg ;. :. ..1ea
Reading l65s
Rock Island ;. ;. :. :. -. ..... .10sA
IN rrafarred 100