Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-03-19
FINANCE AND TRADE.

says:
Z lie stock markets here were idle
and featureless to-day with a bullish
Inclination. Americans opened dull
wi, suse better on the DESTINATIONS
buying by leading American house
gave way later on New York selling
and closed weak. The report of the
naval board of inquiry on the Maine
disaster is anxiously awaited.
New York, March 1S.-Money on call
easy at 112Q1$4 per cent; last loan ~
Der cent.
Prime mercantile paper 41s@5k per
cent
Sterling exchange steady, with actual
business in bankers bills at 81 $3.50
= 81 for demand and at 81 S41h and
81 S5l2 Tor sixty days
Commercial bills 81 1904 SOs4,
Silver certificates 55@55%c.
Bar silver 55c.
Mexican dollars 45c.
t :. new As registered. .122
I s. new As 60 Ipons. ............l22
r. 5 Is registered. .................10 1898
;. A. coupons................
l. - 1dS.......-.... Observation-Disclosures. 9S1s
l. > rs registered. -..-.................11112
T.. $ 0s coupons. ......-.................l
Pacific IS of So........................ lO3
Goyernments-Wea
States-Dull
Acknowledgements.
Stocks-To-day's stock market fuc-
tuated over quite a wide extreme. first
upwards and then downward, and
with later recovery above the early
high point. But it is noticeable that
he days net changes, although most
" on the side of gains, were not very
iarge. The extreme dullness was a
feature. This and the character of
he rumors which affected the market
indicated the manipulation of small
professional traders, whose existence
depends upon movement of prices,
whether up or down.
The late rally was the feature of the
lay and was significant of the nervous
Waiting attitude of the speculative
world. This rally was effected on de-
allied rumors as to what had been taxi
Ing place at the secret meeting OF the
cabinet in Washington. Compromise
with Spain over Cuba was the burden
0f this rumor accompanied by the in
formation that Spain was perfectly
wiling to grant everything on the sole
condition that her flag remains IN
Cuba. The professional short sellers
fastened to cover open contracts on
the strength of this report, and an
other to the effect that a distinguished
officer of high rank in the United
States navy had expressed the opinion
hat the Maine was destroyed by an IN
-ernal explosion due to an accident.
Business in the furry caused by these
-umCrs was more active than at any
line during the day, but was no. on
an unusually large scale, especially
considering the wide movement OF
Drices. Neither was the rally we'll
held. the reaction touching practic-
allv all stocks and amounting to a
substantial fraction in many cases. AS
for the opening squirt, it was largely
assisted by the buoyancy OF the local
traction stocks based on the reported
offer of the rapid transit commission
for an extension of the elevated Sys-
lem. Manhattan more than recovered
Ills dividend on the first quotation on
the strength of tbs, and Metropolitan
jumped III points The subsequent
movement downward was equally con-
spicuous in these stocks and other
specialtes. The heaviness and dull
ness were without the slight interrupt
ton after the opening squirt to the re-
covery in the last hour. The relapse
in Spanish is in London and Paris was
not reassuring. Notwithstanding yes
terday's slight hardening in the rates
of exchange and the distinctly easier
tone in to-day's money market fur-
Their gold to the amount of 100000 was
engaged for import to-day.
The bond market showed weakness
in the early dealings and firmer tend
ency at the close. Total sales Sl.5Oo'-
eco
United States new As and the old As
coupon were p lower, and the old As
registered IA lower bid.
The total sales of stocks to-day were
500 200 shares.