Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-08-24
Mexican dollars, 477sc.
Government bonds weak.
State bonds inactive.


State bonds inactive.
Railroad bonds strong.
Stocks-Affairs in the stock market
took on a cheerful appearance from
the opening to-day and there was no
material setback in the advance in
prices from start to finish, though the
dealings were decidedly irregular at
times during the day. 1t became mani
fest at the opening that the inside in
terests in Brooklyn Transit were pre-
pared to offer very determined re-
sistance to any further decline in that
stock, which they have not been do
ing for some time past To-day the
price was never more than Ia above
last nights level and was extremely
feverish all day within range of about
2 points. But pressure against the
stock was relaxed when the determined
nature of the support became evident.
There was some disposition to cover
short contracts in other stocks which
have shown sympathetic weakness with
Brooklyn Transit. The cessation of
the bear campaign left the way open
for an unopposed advance and there
was large element inclined to buy
stocks. The advance in American To-
bacco was the most conspicuous move
ment of the day. A deluge of offerings
was encountered at every point, up
which caused temporary halt, but
after the absorption of these the up
ward movement was resumed. The
extreme rise was over Z points. Con-
tinental Tobacco stocks roses and over
2 points respectively in sympathy. Su-
gar showed momentary weakness at
the opening but was increasingly
strong as the day progressed, and is
up 21a on the day There were heavy
takings of the Leather stocks, which
have gained IL and 23s respect
lively. In the railroad list bus
mess was exceedingly we'll dis
tributed and large number
Of stocks show gains between one and
two points, The most notable feature
Of trading in this department was the
tendency to turn to the middle and
low priced stocks, while the high pric-
ed and established dividend stocks were
almost universally left quiescent. In
fact, not a few of these grade show
small net losses. The small return at
present dividend rates made by the
high grade railroad stocks and the
prospect of coming dividends or in
creased dividends in lower grade is
sues, owing to the continued increase
in railroad earnings, were the motives
of this development in speculation.
Common stocks of recognized compa-
MES have preferred stocks ahead Of
them whose claims are provided for
with an accommodating surplus of earn
ings beyond were the favorites. Some
of the southern and southwestern
otoSho WHICH nave udu ItCSlll ldl &c
advances were held back by realizing.
With the exception noted, strength
was well distributed through the diff
ferent railroad groups. Net gains of z
points or upward are shown by B. &
o., Erie first preferred, Hooking Val
ley Northern Pacific, Fort Worth &
RIO Grande, Chicago & Eastern Illinois
and st. Paul & Duluth rose an ex-
IRENE points. A much more cheer
full sentiment was reflected from for
sign stock markets to-day, and London
was,a buyef on balance in this market
The bond market was active and
strong and dealings were fairly we'll
distributed amongst the speculative
bonds. Total sales par value $3,OO7,-
600.
United States IS declined Il in the
bid price.
Alchisoh ...,.,... ................-....... SIS
DO preierred st.. ................. 6ls4
Baltimore and Ohio. ....................5 $685.
Comedian Pacific ~
Central Pacific ............. 59A
Chesapeake and Ohio. ................ 2SX
Chicago Great Western. 1861
Chicago, Burlington and Quncy 1861
Chicago and Eastern Illinois. ...... S01k