Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-05-25
bdI oIIFCI VI AZ.
Mexican dollars 4Shc,

U. S. 5s registered. ............,.......,1I2 @s
L. S. cd As coupons. ............-.....l l29s
Government bonds strong.
State bonds inactive.
Railroad bonds strong.
Stocks-Prices of stocks drifted to a
lower level to-day in the uncertain and
irregular manner which is characteris
tic of dull and undecided market. The
dullness of the market is entirely nor
NAL for this time of the year when
the fate of the coming crops on which
so much depends, is still in the bal
ance In present conditions, however,
the market has several unfavorable
factors to contend with. In the first
it still some of the large holdings that
were taken on for the purpose of avert
ing panic and which are offered for
realizing purposes at a certain point
in any advance. In to-day's market
also it was rather obvious that some
of the newly loated industrials were
not having an easy time. This was
especially true Of the various COM
panies which were to have been aggre-
gated in the projected great steel COM
bination, the plan for which seems
to have been materially altered. Amer
lean Hoop Tin Plate Steel and Wire
and National Steel were all quite acute
ly affected and in the late dealings Fed
eral Steel and Colorado Fuel also sue
cumbed to attack. The continued heav-
mess of Amalgamatel Copper in the
outside market also gave evidence of
the saturated state of the public de-
mand for new industrial securities.
Added to these incidents of weakness,
continued fears that the coming crop
would turn out badly and the bears had
a good field for operation. There was
nipulation, but the operations were not
very bold and not on very large scale.
The early strength in Sugar served to
deter them somewhat. The failure of
the foreign wheat market, after the re-
cent holiday, to be impressed with the
fears expressed in the domestic market
regarding the crops also had its influ-
ence in restricting the options Of the
bears. The break in Sugar, however,
and the persistent weakness of the
steel stocks and the rally in wheat en-
couraged a late attack on the market
which was directed principally against
the so-called Gould southwesterns and
Brooklyn Transit The whole railroad
list showed the effect Of the raid, but
the grangers and Atchison preferred
are the rule, but in the railroads are
restricted to fractions except for few
cases. Sugar was the leader in point
of activity and after covering 3b
points closed rs lower. The Tobacco
stocks and Anaconda were also notably
weak. the latter on London selling, ac-
price of copper. Air Brake lost 1115
points.
The demand for railroad bonds con-
tinued active an the market was
strong, many Of the reorganization 4
per cents continuing to make new high
recors. New issues which are in course
Of disposal by underwriting syndicates
and second-grade bonds are about
all that have not been put
at prohibitive prices. Total sales
par value s2,790,000. There is a
good investment demand for govern
ment bonds which are at record prices.
The IS. the IS an the old As registered
advanced Is in the bid price to-day.
The total sales of stocks to-day
amounted to 39l.o63 shares. Quota
tions closed bid:
O..