Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-12-30

Mexican dollars 4712c.
Government bonds weak.
U. s. Is, registered. .10212
u. s. new As, registered ............. -: ~! !,
". S. new As. coupon. ;..........'......,S 274
u. 8. old As, registered. ........-........ii4
u s. oi6 As coupon. li5
u. s. 6s, registered. -.-...............-iiaa S5+
u s. IS, coupon. ..,.-.-..........'.-..--A' "a
State bonds weak.
Railroad bonds irregular.
Stocks-The New York stock mar
ket testified it's relief over the prac-
teal completion of the yearly settle
ment by bidding up prices in a strik-
ing manner to-day. There were signs
OF hesitation and reaction at one time,
when the money rate flurried to 10
per cent. simultaneously with the APP
pearance of the statement Of Novem-
Der earnings of the Chicago, Burling-
ton G. Quincy railroad. This state
ment showed a decrease in the surplus
earnings after charges for the month
of over S2150O0; and, coming on top
of yesterdays similar exhibit by the
Chicago, Milwaukee & ST. Paul, made
q natural impression on sentiment as
going to show the inevitable erect OF
the high prices of material upon The
GENERATING expenses of railroads. The
grangers were most affected, but prices
in the railroad list generally run down
TO about last nights level. The COM
pletion of the period of money press
ure, however, overshadowed all other
considerations and gave rise to feel
ing on the part of security holders
closely akin to exultation. About the
time the London stock exchange closed
the most notable movement of the
day was inaugurated. The fact that
the periodical stock exchange sentl-
ment was completed with no failure OF
great importance was gratifying sur
prise to the financial world. The in
ternational stocks in the late buying
were the favorites, in anticipation OF
demand tomorrow from London. Al
though the call money rate advanced
sharply in London, discount rates
dropped off fully " per cent. with a
resulting advance in the long sterling
rate in New York. The private dis
count rate in Berlin also showed fur
Their decline, so that the foreign mar
kets in which a crisis had been feared
all showed clear skies. In our own
market loans made to-day will carry
over until next Tuesday. 1t was this
fact which ran the rate up to s per
cent A favorable bank statement is
counted on for tomorrow, in spite of
the fact that some s6,000,000 of gold
exports will figure in the statement.
On the regular express movement of
money to the interior the principal
banks have gained upwards of $780,
900 and on sub-treasury operations
they have gained s1,4SS,0O0. Besides
this, there have been very large re-
ceipts of money by mail estimated all
the way from $4,0O0O0O to 100000
so that the net gain in cash from all
sources is estimated at from 100000
upwards. In the late strength of the
market the trunk lines were very con-
spicuous, led by the B. & o. and Nor
folk e Western stocks. A rumor was
circulated to the effect that the plan
for harmonizing trunk line interests
was soon to be announced and that
it would include Norfolk & Western
as well as B. & o. Gains in the spe-
cialties were larger than in the rail-
roads, except that Sugar and Metropol-
itan Street Railway were more or less
under pressure. The New York City
gas companies, the coalers, General
Electric, Pacific Mail and the steel and
iron stocks show some striking gains
Ind many Of the railroads are a point
Or more higher. A notable feature of
The days trading was the number of
odd lots dealt in.
Some of the minor bonds showed de-
clines, but the general tendency was
upwards. Total sales par value 81
240,000
United States old 4s and IS declined
Il and the IS Is in the bid price.
Aichison ........................1 1881