Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-09-14
Mexican dollars 471sc.

y. S. IS coupons. 1872
Y. s. new As registered. ................l55 90
u. s. new As coupons. .................-.. .l9V
u. s. old As registered. ..................Ml Via
Y. S. Old As coupons ......................il LIZ
u. S. SIS registered.
U. S. Is coupons.
Government bonds steady.
State bonds inactive.
Railroad bonds strong.
Stocks-The recuperation of the:
money market by means of the severe
liquidation of the last two days was
reflected in much improved tone in.
the stock market Prices were little
inclined to advance in the early deal
ings, in spite of the buoyant tone of
Americans in the London market and
the vigorous strength shown by few
specialties. Early loans on call were
made at to 71a per cent. and a de-
cline in prices set in soon after the
opening, which carried the level gener-
ally below that of last night. The
rate for call loans fell to 6 per cent.
and after stiffening again spasmodical-
" eased off in the latter part of the
day to per cent. About midday
there came the announcement that the
Treasury Department had decided to
anticipate by about ten days the De-
tober payments of interest on govern
ment bonds, which will amount in the
aggregate to over $5,000,000. The
shorts took alarm at the steady adj
vance Which set in and rushed TO
cover, bidding up prices in the closing
dealings by wide advances to the top
level of the day. The closing was very
active and buoyant and shows net
gains ranging from to 6 points. To-
day was the fortnightly settlement on
the London stock exchange, where
quite a large short interest is said
to have existed in Americans. The de-
cline here was therefore very oppor-
tune and London bought to the extent
of about $4,000 shares. Tennessee
coal was strong from the outset and
after moving in an erratic way closed
the day with an advance of 61s points.
American tobacco also developed early
strength and left off over 3 points
higher. Brooklyn Transit was down
nearly to yesterdays low points and
then up again and shows fractional
net gain.
The new United States milling stocks
moved upward all day and show net
gains over points each and Colorado
Fuel as much. There was active up
ward movements in the Leather stocks
the Mexican railroads and a number
of the iron and steel stocks. The de-
mand for the railroads generally gain
the upward movement was quite uni
form in the principal active issues,
which have net gains of from / TO 2
points in many instances Gains above
the average were made by Lackawan-'
ma, Illinois Central Cleveland C. c. &
ST. Louis, Pittsburg c. C. & st. Louis
and Chicago Greatwestern B which ran
from to 8, the latter Lackawanna.
The movement of money on balance
continued in favor of the interior to-
day but a debit balance at the clearing
house by the sub-treasury relieved the
pressure somewhat in that quarter. So
far as is known there was no fresh
supply of money in the market, though
the sharp break in the call loan rate
suggested that some hidden reserve
might have been brought forward The
extent to which the loan contraction
had proceeded, can only be estimated
vaguely but weaker speculative ac-
counts have evidently been shaken out
to large extent, leaving the general
tone much healthier Sterling ex-
change fell an additional fraction for
actual rates and posted rates were re-
duced 1ac, but the fact that discounts
in London were easier indicated that
no gold movement is in prospect from
that quarter. The general news all
continued favorable and the bargain
hunters were again in evidence.
Bonds were inclined to recover in
sympathy with stocks, the speculative
issues leading. Total sales par value
s2,475,O0O.
United States bonds were unchanged
in hid limitations