Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-06-17

u - N IN W
q (l6 q onlig y ~ ~ lor Which !
bu1inG demand EXISTED ~ intervals
during the whole day The coalers
we're conspicuous, especially the Read
ing issues, and they rose on an aver
age of about ~ points. The Flower
group also moved upward and gave
some semblance Of strength to the gen.
eral market. Aside from this demand
the market was almost wholly neglect
ed and in the hands of small coterie
of professional traders. The utmost
endeavors of these. operators did not
serve to move prices more than small
fraction, except in a few isolated cases.
The advance in the coalers was pretty
well held. 1t. was attributed to the
return from Europe of prominent
fiIancier who has figured in many
railroad congratulations, and to the
closing of options on Lehigh Valley by
sympathetic control. Some of these
railroads displayed rather firm tone
in sympathy with Reading, but the
movement of prices in them was in
consequential The advance in the
Flower stocks was not so well held,
and in one of them was more than lost
before the day was over. Sugar moved
up and down over a range of about 5
points and closed with a small net
loss New York Air Brake made a
characteristic sky rocket jump of 16
points. Colorado Southern first prefer
red dropped "a, presumably on ac-
count of the labor troubles in the
State Metropolitan ranged over 4
points, but closed at a small change.
There was nothing in the general stu
alton that found reflection in the stock
trading. The undertone was firm in
the railroad list, partly in sympathy
with the strength of individual stock
already mentioned. The announce
ment of an additional shipment by to-
morrow's steamer Of s1,000,000 in gold
was without influence in the trading.
unles sit might have been factor in
discouraging activity. An influence in
the same direction was the expecta-
ton Of unfavorable bank statement to-
morrow. Last Saturdays shipments,
as we'll as those made early in the
week, will all figure in tomorrow s
statement, but not to-day's engage
ment. The banks are said to have
lost cash in other ways during the
week, and a large decline in that item
is expected in to-morrow's statement.
The item CT loans cannot be forecast
ed, but there were reports of calling
OF some loans yesterday, suggesting
that there may be a contraction Of
credits reflected by to-morrow's re-
turn.
The money market continued rather
firm to-day, while rates in London
showed a further decline under the
equalizing influence of the sold ship
ments. An incident of the day was the
firmer tone in the silver market in
London, said to be due to buying for
Indian account and to the effect of the
Colorado smelters strike.
Reading As were the feature of the
bond market with an advance of / per
cent on the large buying. Elsewhere
in the list there were points of weak
ness. Total sales, par value, ST.
100000.
The directors of the Federal Steel
Company have declared a quarterly
dividend of IL per cent on the pre-
ferred, and IL per cent on the COM
mon stock.
U. S. IS and the old is coupon de-
clined Il, and the IS advanced 4 in
the bid price.
The total sales of stocks to-day were
S29 e37 shares. Quotations closed bid:
Atchison ..,......... ..................... IT'S
DO preferred ............ .............. %
Baltimore and Ohio ACKNOWLEDGEMENTS. 67
Canada Pacific ...........,..........9 1872
Chesapeake and Ohio .................. PAS
Chicago and Alton ......................16 $50
Chicago, Burlington and Quincy. 1875
Chicago and Eastern Illinois. 7lla
10 preferred Observation-Disclosures.
Chicago Great Western. 151s
Chicago and North Western. ......... .16lS4
10 preferred OBSERVATION-DISCLOSURES. .l92
Delaware and Hudson ................ 1l91a
Delaware, Lackawanna and Western. 170A
HI1e tme"1 '.'.'-.'..'.,........ ddzg
Eoft wayne .-,.-..... ................lS
Great Northern preferred ............16S
Lake Erie ana Western. 1872
20 preferred .......-.................. 81
.Sdh! foiioIe ...-.-. ................ Z16
Louisville and Nashville ................ STA
Manhattan l. ...................1 127s
Metropolitan Street Railway. 90
Michigan Central .......... .l1s
Missouri Pacific ...:.......,.... ......... Al
T..