The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-06-07

Southwesterns and even come OF the
trunk lines following this lead. Penn
sylvanla and Cleveland. Cincinnati. Chi
cago & st. Louis rose from II. to 81,
the latter stock. however. closing al!
but IL advance. The motive assigned
by the buyers was the possibility that
more liberal policy toward stock
holders and less insistence upon re-In-
vestnent OF resources In equipment
might follow the change in administra-
ton made necessary by President
Thomson's death. But the trading for
the most part was profoundly npathetic
and there were minutes at a time when
no tape came from the ticker. The at
tentlon OF professional traders was all
conferred on Sugar and the utterly err
ratio movements OF this stock disclosed
the entire uncertainty regarding to-
morrow's dividend action. Advocates
of the regular dividend and OF a re-
ductIon seemed equally confident and
equally numerous. SO that the stock
dipped deeply below last nights level
and rebounded far above II. The ex-
IRENE range was AZ points and the
close was at net gain OF IN. and
within half OF the top
An Incident Of the trading to-day were
some large wagers In one hand that to-
morrow's dividend declaration would be
at the regular rate and offers on the
other hand to sell the dividend on the
large amounts of stock for less than the
regular rate. The same dIstrustful at
titude Is maintained towards the iron
and steel stocks. Notwithstanding SEMI
Official intimations as to rnte of coming
dividend declarations and Informal as
surances that current earnings are far
In excess OF the proposed dividend dis
bursement. Even the preferred stocks
OF industrials. however. regular may
have been their dividend records, con-
tinue far below the prices OF ordinary
dividend paying railroad stocks which
make the same returns on money In
vested. This distrust Of industrlaIs
seems TO be the most important eie-
ment In the present dullness and heayi-
ness Of the market. A further small
shipment Of gold to-day was MS wholly
without Influence In the stock market,
as well MS In the foreign exchange mar
ket as those that have preceded In firm
the same institution. The conviction Is
general that the outflow is the result OF
special conditions and not of the gen.
eral exchange situation.
The bond market was dull and gem
orally firm, though there were q few
yielding spots. Total sales par value,
s2,2l0. 900.
United States old As registered and the
5s advanced y per cent in the bid price.
The total sales of stocks to-day were
292.65S shares.
Commercial Advertisers London
financial cablegrum:
In the markets here to-day business
was quiet and the tone IRREGULAR. but
the closing was hopeful on favorable
expectations OF the result OF the Trans
vacl conference.
Americans opened steady. Chesapeake
e. Ohio and Louisville K Nashville
went shade above parity, then weak
ened. New York came better, but there
was a reaction and the closing was at
about the weakest. London dealings
were lntlnitismal. The special settle
nent In Baltimore 6 Ohio on June 90
VIII be enormous as the dealings In the
securities OF the company have extend
ed over year without settlement.
STOCKS AND BOND QUOTATIONS.