Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-02-21
Government bonds steady.
State bonds inactive.

:, d.
L. s. 5s coupons. ...................lhAn ll2i2
State bonds inactive.
Railroad bonds strong.
Stccks-The active stock specialties
generally made large advances to-day.
while the railways gained from l to 3
points. A strong tone prevailed prac-
tically all day with the strength radiat-
ing from che group Of stocks to an
other. The movement started in the
grangeIs and standard stocks. and next
the Pacifics advanced. Interest then
switched into the Flour group and
tie soutt ives -eins success. vsly ana then
into the indusrials, with Sugar and
Tobacco leading the rise. Central and
Southern Pacific were weak in the fore
noon prior to the publication of the re-
organization plan Of the former road,
and subsequently rallied but feebly.
London opened slightly below parity
and en- the rise sold about $4,000 shares
and subsequently purchased about 5000
shares. Among the grangers st. Paul
made an extreme gain Of ~, being sold
by London and purchased by western
houses. Burlington rose point and
then dropped 21a, closing about the low
est. The news that the syndicate had
secured a majority Of the Chicago &
Alton stock benefited the southwestern
group, including Texas Pacific, Mis-
souri, Pacific and Kansas & Texas pre-
ferred over two points each. Union
Paciics followed with a rise of over a
point. AtchisOn preferred was about
the strongest stock among the railways,
making an extreme rise CT SIC on ia
vorable forecasts of the forthcoming
January statement of net earnings
Among the local traffic shares pro
nounced strength appeared, Metropoli-
tan making an extreme advance Of 81,
Brooklyn Transit 37s and Manhattan
3a. The movement in the latter was
considered a twisting of the short in
terests. Southern Railway preferred
and Louisville were the strongest spots
among the southern railways, although
the latter showed a decrease in the
earnings for the second week in Febru
airy. Tobacco was a sensational fea-
ture among the industrials, adding to
its recent rise 151a points.
Manw conflicting rumOrs, all lacking
confirmation, were disseminated con-
corning the recent rise in Tobacco.
There are some in the street who ap-
pear to believe that it is now a move
ment against the short interests, part
of which was formed on the breaking
up of the pool in the stock some time
ago. and another short interest more
recently formed in expectation of a
violent trade war to follow the organ
ization of the Union Tobacco Company.
Sugar became active and rose 6A points
to lao, the top price recorded for the
day. This move was in spite of a rival
company making cut in their price of
the refined article. In the final hour
realizations appeared in many stocks
which caused some declines of note,
but the general market displayed a
rallying tendency at the end. The
dealings which were considerably in
excess Of a million shares, were the
largest which have taken place in some
weeks, with commission houses report
ing a good volume of out of town buy
ing.
The bond market shared in a gen
eral show of strength to-day, but the
rises were generally Of the merest frac-
ton. Considerable activity was noted
as to inquiry as of late in the semi
speculative grades. Total sales, $780,
900.
Government bonds were unchanged
in bid quotations.
The total sales of stocks to-day were
1,15S,400 shares. Quotations closed
bid:
AIehisoll ...';'.'. '''''.'''''...'.''..''' 2Sfs
Do preferred :.................. 66ls
Baltimore and Ohio Gall aSsts. PAID. T012
Central Pacific ......................... 54I9
Chesapeake and Ohio Observation-Disclosures. z9l8
Chicago and Alton ......................11
Chicago, Burlington and Quincy. .16B
Chicago and Eastern Illinois ......... 6Sl2
DO preferred lis
Chicago Great Western ................ l63s
4afr, NNy hztra