Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-03-05
FINANCE lind TRADE.

New York, March 4.-Evening Posts
london financial cablegram:
Tine stock markets here were idle
to-day. except for Grand Trunks and
Americans. The tendency Of all first
liass stocks IS either to remain idle or
daurcsscd partly in connection with
.na forthcoming China and other loan
VIBRATIONS. Americans were fitful and
,0sed dull.
New York. March Mooney on call
frm at 20212 per cent; last loan 2 per
cent
Prime mercantile paper 4@4h per
cent.
Sterling exchange weak. with actual
business in bankers bills at S4S4k for
mand and at 81 S11aQ4 81$4 for 60
DAYS
POSTED rates 81 1904 S515.
Commercial bills 81 S0%.
silver certificates 541s@549sc
Bar silver 54Ac.
Mexican dollars 45c.
$. new As registered. 1874
$. NJ" = coupons ..-......-.........l2 4,4
IT, e. Is registered. ....................1il
S As coupons. .....................1l2
: -.tS...--: $1,000 OBSERVATION-DISCLOSURES. ~
:. 5s registered. ......................1l 2A
rs coupons. --...................11 24
y Hc SIS Of Observation-Disclosures. .103la
Goyernments-We
States-Dull.
Rairoads-Weak.
7rocks-Prices of stocks show losses
d from l to per cent. to-day on a
Very small business. The market was
euIte inanimate at times, and what
Llsiness there was was concentrated
M q few leading stocks. All of these
showed weakness, but the downward
course was pursued in a very desultory
manner until the final hour, when the
Tears made quite a determined drive.
They broke the price of Reading first
lreferred 4 points and carried the gen
eral list TO the lowest of the day, but
covering in special stocks induced
some sharp rallies, notably in Reading
first preferred, New York Central and
Metropolitan Street Railway Higher
quotations from London lifted the
Ieyel Of prices at the opening, but the
fall was practically uninterrupted af-
forwards Efforts TO rally the market
we're feeble and unsuccessful. Sugar
was under considerable pressure, but
showed good resistance. Union Pacific
preferred was depressed all day and
closed over points lower. New York
Central fell at one time over points,
but rallied 112 in the final dealings
The local traction stocks were sufferers
after the opening, the extreme decline
in Metropolitan Street Railway reach
ing nearly points. The Changers
also figured largely in the selling. A
large part Of this selling was known
TO be for Washington account and in
uuirv was very keen for news to ac-
count for it. Significant news was
scarce. and in its absence numerous
59mors were set afioat, one to the eff
feet that purchases of warships abroad
had been made by the United States
government The renewed depression
of Spanish securities abroad and the
news of the purchase in England of
two warships by the Spanish govern
ment helped on the feeling Of uneasi-
ness over the Cuban question. London
operations in this market were IN
significant, the tightness of money IN
London having apparently put stop
to speculative activity here. Notwlth-
standing the hardness of London
money rate and the tendency to relaYa-
ton in the local requirements, foreign
exchange went lower again to-day, de-
mand sterling falling to S1.8414. Near
" all the 100000 in gold which will
start for New York tomorrow comes
from Paris, and no small part OF 1t is
said to represent French payment for
American securities bought in London
during the recent disturbances in
Paris. The weakness in exchange IS
due to the continued pressure Of grain
bills sold against the shipments of the
Chicago wheat pool.
The bond market was istless and
heavy to-day, in sympathy with stocks
Total sales, $685. 900,
Il. S. new As and the old As coup IN
were l2c lower bid to-day.
The total sales of stocks to-day were
3c1JQQ shares.
Quotations closed bid;
A..bison ........ .........................1 19s
III af4r-rrT .....,......... = "a