Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-08-30
Mexican dollars 47Ac.

-.
z. IS registered. iii12
u. S. SIS coupons. .lll12
Government bonds steady.
State bonds firm.
Railroad bonds irregular.
Stock-Prices in many prominent
railroads show losses of 81 per share
and upwards as a result of the days
trading. There was disposition in
the early hours of the day to contest
the decline and the effort was assisted
by several strong features in the list,
but the persistent heaviness of rail-
road stocks and the manifest exhaus-
tion of the buying demand discouraged
the bulls and turned the scale in favor
of the bears. Stocks in which manipu-
lation by pools has been recently evil
dent showed a conspicuous lack of sup
port. Conspicuous in this class We're
the Louisville & Nashville, Northern
Pacific, Atchison pfd., B. & O., and
Norfolk e Western. Several of the
recent manipulation also suffered Sc
verely: Some opposition to the early
heaviness resulted from the active de-
mand for the Republic steel stocks on
the strength of yesterdays declara-
ton of a dividend on the preferred
stock and semi-official intimations of
very large earnings available for the
common. Common advanced at one
time 212c and the preferred per cent
Steel and Wire was also marked up on
predictions that the listing committee
of the Stock Exchange were disposed
to admit it to the listed department
These two factors impaired firmness to
the iron and steel group with the ex-
ception OF Tennessee Coal and Colo
RADIO Fuel. In the railroad list the
Chicago Greatwestern stocks showed
continued strength, the preferred B ris-
ing points. There was good demand
for Kansas & Texas pfd., and gains
were shown by Wheeling & Lake Erie
and Hooking Valley. In the local
traction stocks Brooklyn Transit was
lifted quite aggressively and Metro
politan Street Railway and Manhattan
showed sympathy. There came COW
ering movement in Tobacco after a
sharp fall, and Sugar showed strength
from the same cause. But these ele-
ments of strength were quite INSULT
Gent to induce renewal of buying in
the general list on any large scale and
prices continued to drift away under
dribbling offerings. The declaration
of per cent. semi-annual dividend
on Union Pacific preferred stiffened
that stock and caused a momentary
check to the downward movement, but
when the bears perceived the contin7
ued heaviness they attacked the mar
ket in the late dealings, making the
closing active and weak at about the
lowest. The few earlier gains were
mostly wiped out, those remaining be-
ing largely reduced. The weakness on
foreign stock markets Oh account of
the acuteness of the Transvaal crisis
was an influential factor in the days
weakness. Londons sales here were
estimated at 10000 shares covering the
entire list of international stocks. The
fall of fraction in the actual rates for
sterling exchange in face of this liuui-
dation from London caused renewed
uneasiness over the local money situa-
ton of which it was a reflection. Rates
for time money were appreciably firm
er and no loans were made below 3 per-
cent.
Tne bond market was rather quiet
and price changes were irregular.
Total sales par value sl,S40,oOO.
United States bonds were unchang-
ed on bid quotations.
Atchison oo-,
Do preferred - rs ss3S
baltimore and Ohio ............. 59:4
ss,1tr11 n Pacific ACKNOWLEDGEMENT. 96is
chesapeake and Ohio . 9Sss
SShicago Great Western. .... 1917
Snicage, Burlington & Quincy. 1851
SSiiiiiicago and Eastern Illinois,. ... S9i5
1hlcago and Northweste n...1 6t
Dsiaware and Hudson Observation-Disclosures
DeIiaware, Lackawanna and Western 17eH
DO nrst preferred ................ 3Si4
,11 Norihern preferred ........1 67
Lake Erie and Western ....... -a 81
DO preferred
Louisville and Nashville 20 az e
Manhattan r. NJ Us
Metropolitan Street Railway .20S
Missouri Pacific .... S91L
New Jersey Central ..''--,II s ~
New York Central . 1eotx
Northern Pacific .... '-s5
Do preferred ~