Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-05-11
Mexican dollars 4S%c.


y. & new As coupons; -.-.............-i i7zs72
Y. S. old As registered. ll24s
=. 3 Old As coupons. ........-....-...-.--lio
Y. 5. 5S registered. IL
u D 5s coupons ..............-.........u
Government bonds strong.
State bonds inactive.
Railroad bonds strong.
Stocks-The stock market moved up
sharply to-day, although at some times
considerable irregularity appeared; Ger
tain large interests were open purchas-
ers of their specialties and the absorp
ton of some 10000 shares by London
aided the market leaders in pushing up
their favorites. In the afternoon the
rapidity of the advance induced the
covering of large short lines and COM
mission houses were again active pur-
chasers. There was no furry in the
money market, the ruling rate for call
loans being per cent. Sterling ex-
change eased off on the large pur-
| chases of stock for foreign account. An
element in shaping sentiment was a
10 be issued late to-day would show an
Improvement of several points over last
months. st. Pauls favorable weekly
statement of earnings was a source of
strength to the grangers. The lower
range OF prices brought about by yes
terdays decline proved attractive to
M d. no hug urti Ia
there was no important news develop
ment, sentiment was completely re-
versed to-day. Stocks which were the
center of weakness yesterday, notably
the Flower specialties, were among
the strongest features to-day, Brooklyn
| Transit rising 71a and Federal Steel and
specialties there were some very pro-
nounced advances, including American
Tobacco u. American Shelters SIS,
Steel Hoop and Third Avenue each,
American Steel and Wire 324, Tennes-
see Coal and Iron and Continental To-
bacco 81 each, and Anaconda Mining
{ % /
advanced from to 3M points for active
issues, Burlington scoring the extreme
rise. Metropolitan, which lost a point
was the most pronounced exception to
the general strength. In the forenoon
there was considerable commission
house liquidation, which induced certain
ny inno IC 10 oh 1rix ~ tIo
market, but large operators absorbed
offerings, two houses taking together
about 100000 sares and this turned the
tide and steady improvement fol-
lowed. A report that the industrial
commission hearing in Washington had
been postponed for thirty days led to
companies to be Investigated. It was
reported that a prominent commission
| house after a consultation with the
financial institution carrying its loans
was forced to sell a large line of stocks
shortly after the opening and that it
was on sales from this quarter that
forenoon. Practically everything joined
in the late advance and the market
closed buoyant at the best.
Railroad bonds participated in the
improved speculative temper, but ad-
vances were not material except in a
| few instances Total sales $2,S20,00
U. S. As advanced Il and the IS Is
| in the bid price.
| Commercial Advertisers London
| financial cablegram:
The markets here were quiet to-day.
They were influenced by the settlement.
The tone was more cheerful.
Americans were decidedly active.
They opened above PARTIES and arbit-
rage steadily sold stock obtained cheap
| in New York last night, but London
absorbed it easily and there were also
early buying orders sent privately to
New York, causing improvement here.
| New York opened strong and then re-
| lapsed and later rallied to the best, but
| in the street became fiat