Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-02-16

~ 04A JCok(1 41J. C11N ally liz =
farket vas more animated than OF late
| and strength developed on pool man
ipulation and commission house buy
ing. London sold about twenty thous-
and shares of stock, principally North
ern Pacific, while Berlin vas reported
as being a purchaser of this stock.
Northern Pacific common in the local
market received pronounced support,
apparently ON pool buying and on large
dealings advanced three points. Around
SO, at which point London was selling,
enormous blocks Of stock were absorb
ed, although the price hung for a long
time at 53$. The advance in this stock
progressed in spite Of the dissemin-
alton of a report that the officials Of
the company denied that the preferred
stock would be retired, or that such a
project had been considered. AS North
ern Pacific common was the feature OF
strength, so was Burlington prominent
ly weak. This stock, which was ad-
vanced yesterday in anticipation OF ac-
ton On the part of the Burlington dir
ectors on a refunding scheme, opened
unchanged, developed weakness and
made an extreme decline of over 3
points. The lowest figure was on the
announcement that nothing had been
done regarding refunding at to-day's
meeting in Boston. This brought large
realizing sales, but the stock recover
ing, left it's net decline only two points.
The weakness of Burlington had but
little effect on the other grangers,
which displayed more OF less strength
at intervals. The high-priced invest
ment shares were conspicuously strong,
especially New York Central and Penn
|sylvania. Southern Pacific and Central
Pacific developed pronounced strength,
especially toward the close. New York
Air Brake, which has been rather ne
elected of late, made a sensational ad-
vance of -. There was considerable
covering Of short sales by traders
while stock was supplied by houses
with Boston and Chicago connections.
There were some sharp recessions dur
ing the afternoon at the time when
Burlington and Sugar were freely Of
fered down, but prices picked up and
continued to improve to the close. the
leader in the recovery being Northern
Pacific common. Union Pacific and
Atchison preferred were decidedly firm.
1t was intimated in the street gossip
that a script dividend to Metropolitan
street railway stockholders to be sub
scribed at par was in contemplation,
but the stock was quiet all day and
moved very narrowly.
A brisk inquiry prevailed for some of
the prominent bond issues to-day, but
the market generally displayed an i'm
proved tendency. Total sales, $780,
600.
L. s. new As reg, and the old &c
coupon and the IS coupon, advanced IS
in the bid price.
The total sales of stocks to-day were
612, 100 shares. Quotations closed bid:
DO preferred 6z12
Baltimore and Ohio Observation-Disclosures. 20
Canad3 racine ojt4
Central Pacific 52a4
Chesapeake and Ohio ................. %
Chicago and Alton ..........:..........L!2
Chicago, Burlington and QUINCY. 1875
Chicago and Eastern Illinois.......... CT
70 preferred .;.:..... .-..........."..Ia
Chicago Great Western..........."....l6
Chicago and ACKNOWLEDGEMENTS
Delaware and Hudson .113a
Delaware, Lackawanna and Western.l33
ETIe new ,: '..'''.'.''..'' d5dfIISs
Fort Wayne -.
Great Northern preferred ........"..IS3}a
Illinois Central
Lake Erie and Western ................ y
Do preferred ........... ................. C6la
Lake Shore ............ .2JJ1s
Louisville and Nashville ................ 6i4
Manhattan l. ....... ..Q............1l52B
Metropolitan Street RailWay...........2354
Michigan Central ........... ...........11S
Missouri Pacific ......... .............. a
New Jersey Central 1881
New York Central 1884,
Northern Pacific 55s
Do preferred 1914
Plttsburg ........
Reading go. 2338
Do first preferred ......"..:...... 50
ROCK Island ............ ................Ii12
st. Paul 1855
Dc preferred
Southern Pacific 45As
Texas and Pacific 213s
Union Pacific ......... .................. 1913
Do preferred =. ................... 79zs
/ Wheeling and Lake Erie .............. 11la
Do preferred ......... ........"..... S212
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