Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-09-23
Mexican dollars 47Ac.
Government bonds firm.
State bonds inactive.
Railroad bonds strong.

Railroad bonds strong.
Stocks-The recuperative tendency
on the stock market gained decided
force during the progress of to-day's
trading. The uleasiness abroad was
an element at the opening, and
changes were small and irregular and
the tone of the speculation hesitating.
Anaconda was notably affected by dis
appointment of British holders over
the amount of the dividend and drop
ped nearly 3 points from yesterdays
closing level here. The pressure
against American Tobacco was also n
evidence and Brooklyn Transit had
struggle to overcome its opening de-
cline The latter eventually moved up
ward end though it fell once again be-
low last nights level its advancing
tendency afterwards was stimulating
influence on the market throughout the
day. The stocks of New York City
corporations showed close sympathy
with the movement in Brooklyn Tran
sit and many rumors were prevalent to
account for the movement pointing to
a plan of unity of control of all the
public utilities in the greater city of
New York. The fact that the interests
which have been in conflict in the local.
gas war are more or less identified with
the various traction companies, gave
color to the rumor. Net gains in this
group, including Manhattan, Metropoli-
tan Street Railway, Brooklyn Transit,
Consolidated Gas and Brooklyn Union
as ranged from Ia to points The
movement in the specialties was most
conspicuous throughout the day, but
rather notable demand sprang up for
the railroads, attracted by a sudden
rise in Omaha of ~, in Northwest Of
4, and in New York Central of IL.
These gains were not maintained, but
there was notable buying all day Of
Southern Pacific and of the grangers.
vanced WELL The movement in the
railroads did not extend far outside
these limits, except for some obscure
stocks. Peoples Gas was strong, in
sympathy with Brooklyn Transit, and
there were good advances in Sugar and
Tennessee Coal. American Hoop and
Federal Steel showed strength, and
Pullman rose an additional " on
rumors of an extra dividend.
There was a very heavy demand in
the last hour for the Leather stocks,
which was a material factor in over
coming the reactionary tendency of the
market. United States Leather COM
mon advanced to 1873, and the preferred
to 1875, closing at the top. The general
market closed steady under this sus-
tanning influence, somewhat below the
best. Speculative opinion was inclined
to look for a favorable bank statement
tomorrow and was much cheered there
by There was no further evidence of
stocks being forced to sale by calling
of loans, and the rate for the call money
did not rise above per cent and fell
on minor transactions below that This
is pretty good evidence that the banks
are within their legal reserve, but it
gives no clue as to how far the surplus
may have been replenished. The banks
have lost $2,516,000 to the sub-treasurey
and the known movements of money
indicate a further loss to the interior
of about $2,75O,0O0, There has evident
ly been some Offset to the interior
movement by receipts through the mail
and through other channels not gener-
ally used for this purpose. The condi-
ton Of the surplus therefore depends
entirely on the extent to which loans
have been contracted and deposit liabil-
tiles thus reduced. The stock market
during the week has clearly enough in
dicated that the reaction of loans has
been on a large scale. But the same
condition was manifest last week, when
the bank statement proved great dis
appointment and this fact begets some
uncertainty concerning tomorrow's
statement.
The bond market was moderately ac-
tive and prices advanced in sympathy
with stocks, Total sales par value
S1.245,0OO. United States old As regis
tered advanced * in the bid price.
DO preferred .;:.......,. ....-.',-:-... BIS
baltimore ana ONO .-...........-..--.--. J03S
Canadian Pacific .......... .............. 81
Central Pacific .......................... 5Sle
Chesapeake and Ohio ACKNOWLEDGEMENTS. q q
Chicago Great Western .......-.-........ 14H
Chicago, Burlington and Quincy .l32
| Chicago and Eastern limos. ........... 9oA
Chicago and Northwestern. .........-.-..lb f II
Delaware and Hudson .....,.,.+.. l2St2
Delaware, Lackawanna and Wescern. .lssss
Erie ........ l5it
Do first preferred ....... .............- SO Is
Great Northern preferred ...............l63
Illinois Central .......... .ll3S4
Lake Erie and Western. Is
Do preferred ....,.,.. .......,........-. so
Lake Shofe .....-.... ..........-....-.---Zg
louisville and Nashville ...,,........... lsA
Manhattan l. ........... ..... ............l1eSs
Metropolitan Street RailNay-A- ..........l aits
Missouri Pacific ACKNOWLEDGEMENTS. 459s
New York Central ......... ........--.-..l569s
New Jersey Central .,........,......--.-lL9
Northern Pacific ........ .,.,........,... 55A
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