Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-11-25
Government bonds strong.
State bonds easier.
] j. 4 Ina on, L n

State bonds easier.
Railroad bonds irregular.
Stocks-There was disposition
manifest to curtail operations on the
stock exchange in the early hour OF TO-
days session on account OF to-mor-
rows holiday for one thing and on &C
count of one or two depressing infiu-
ences in the market which offered OBJ
stacles to the successful prosecution
of the bull campaign. The snow storm
in the west with it's obstruction to traf-
fic and reports of damage to live stock
was a encouragement to advancing
prices. There was rather less assur-
ance felt also that the Northern Pa
cific- Oregon Navigation imbroglio was
to be patched up and the Northern Pa
cifc stocks and others concerned tend
ed downwards. Weakness in number
of the specialties, notably Tobacco, on
reports of the character OF the opposl-
ton in the cigarette branch accentu-
ated the prevailing tendency. Peoples
Gas dropped off at one time ~, and
Federal Steel continued to droop. There
was a marked falling off in the Atch-
ison preferred, probably by influence OF
the depressing influence OF other stocks.
There was a very bullish spirit latent
in the market nevertheless, and It
turned from these centres Of depres-
sion and from the region of the snow
storm to other specialties and the east
ern railroads. The movement was
most marked in the coalers and had
it's inception in the Reading issues.
The buying of these securities was at
tributed to the banking interest, which
yesterday advanced Southern preferred
and which is dominant in Northern
Pacific and has important interests in
Federal Steel. How far yesterdays
manipulation of Southern preferred
and to-day's of the Reading securities
is to weaken the weak spots wherein
the common interest Of the manipula
tor can only be a matter of surmise.
There was no news to account for the
movement in Reading, but the other
coalers, in which the short interest is
perennial and extensive, responded
sharply in sympathy, the demand COM
ing for the most part of the day or
Manhattan, the new interest in the di-
rectOry being generally interpreted as
representing the Inauguration of new
methods. There was a very wide lati-
tude given to the Interpretation Wall
street guesses extending as far as an
absorption of elevated system for joint
operation with New York Central. The
stock advanced nearly 2 points net at
one time on the strength of this ele-
ment, and in spite of a very large sup
ply of stock at the advance. Louis
vile, New York Central, Ontario e
Western and number of other eastern
railways enjoyed their period of
strength and aided towards the late
recovery and the firm close at level
generally above yesterdays prices.
There was large activity at several
points in the bond market, notably in
the Reading generals, the Denver &
Gulf firsts and the Colorado Southern
tours when issued" The strength Of
these tended to counteTact weakness at
other points. Total sales $5,160,000.
United States As new coupon, old IS
and the new IS coupon advanced 4,
and the IS and the new As registered
Is in the bid price.
The total sales of stocks to-day were
416,100 shares
Quotations closed bid: