Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-10-28
Government bonds steady.
State bonds inactive.

RNNN~~S'
State bonds inactive.
Railroad bonds inactive.
Stoeks-The stock market made
considerable display of strength during
the early hours of the day. Later there
were occasional advances by individual
stocks or groups, some OF which saved
gains on the day, but in the majority
of cases the active selling movement OF
the sast hour wiped out the carrier
gains and carried prices in some cases
sharply below last nights Level. the
motive Of the selling was the rear OF
an unfavorable bank statement to-mor'
row as well as to take attractive proh1s
on the weeks advance. The hlgn
priced industrial specialties and the
iron and steel stocks were conspicuous
in the late reaction. The most notable
movement Of the day was the rise in
some of the railroads running through
the south and southwest. Louisville ana
Southern Railway led with an extreme
advance of ~ Missouri Pacific was
a close second. There was notable
frmness also in Mobile & Ohio, Chesa-
peake & Ohio, Texas Pacific, st. Louis
Southwestern, after early weakness
and the b. & o. stocks. The large
earnings shown by monthly returns
caused the movement The same mo-
tive advanced the price of Atchison
preferred and Northern Pacific. Inc
speculation was mixed during the
greater part of the day, many or the
leading industrials drifting up ana
down at a level either side OF last
nights prices. This was true OF sugar,
Tobacco, Manhattan and the Learner
stocks The last named were reaction
airy early in the day. but the preferred
stock came into active demand late IN
+he day with rise of 212. Other points
of strength at different times were Rub
her Republic Steel, General Electric,
I,aclede Gas, Tennessee Coal, Colorado
Fuel and Chicago & Eastern Illinois
preferred New York, Chicago & st.
Louis first preferred dropped over .
points on a single transaction without
exciting any attention Tnere were
various points of weakness In the
minor specialties. Stocks OF compah-
les having to do with the metal INDUS
tries were all inclined to heavlness on
account of the reactionany tendency III
prices of the metals. The IRON anu
steel stocks were not exempt, steel q
Wire dropping an.eXlreIle A7s win o-iiy
a feeble rally. Call money Hurried 10
10 per cent with the late demand LOT
loans to carry over till Monday, and
was quite firm at 6 to per cent al
day. According to statements by the
leading banks the net shipments VI
\ currency to the interior both by ex-
kpress and by deposits at the sub-treas-
FRY for Geographic transfer amount TO
About s2,500,000. After allowing Tor
\ceipts of a considerable sum in gold
pm the assay office by the banks their
81 to the sub-treasury still amounts
upward of million dollars. To-
noi(ow's statement is therefore ex7
&pectAd TO show loss in cash OF tuliy
VS. sod 900. Unless the loan account OF
the banks has been largely diminished
it is evident that the surplus reserve
which Atood last Saturday at only 81
441 ,075, must have been wiped out and
a deficit Established.
The bond market eased on late IN
the day with sympathy with stocks, but
earlier gains were not in all cases
wiped out Total sales par value 81
$4,000. :.
United States bonds were unchanged
in the bid quotations.