Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-02-18
FINANCE lind TRADE

TnIHltO[ llllD lNAD[.
New York, February 17.-Commer-
cial Advertisers London financial
%cablegram:
The markets here were fiat this
morning and there was considerable
bear selling on universal apprehensions
concerning President Faure's death.
Paris bought freely, however, Il a
general recovery followed, the close
being 1t the best, though mainly down
on balance. Paris opinion has 1T that
the time is so short that the election
of a President tomorrow must result
in the choice of some nonenity.
Americans opened dull and slightly
below parties, but improved with the
other markets. New York bought a
fair quantity. The close was at the
top.
New York, February 17.-Money on
call steady at 2A@2R per cent; last
loan 212 per cent.
Prime mercantile paper 2%@3A per
cent.
Sterling exchange steady, with actual
OOoll1CCS III UdHhCIO DlIio at YC.COQI
4.S6H for demand, and at $4.8404.S4A
for sixty days; posted rates $4.S5 and
$4.87.
Commercial bills S4.S3@4.S31a.
Silver certificates 59k@60hc.
Bar silver 594c.
Mexican dollars 47Mc.
L. S. new IS registered ........ ..1-740I2a12
L. :. new IS DDQS... - -. t. 1HNlt
Z. 5. Is registered ..llzzsUn-8
!. 2 IS 2A4ub12
:. >. 5s Observation-Disclosures
L. S. IS coupons...................II} 4u112s
Government bonds weak.
State bonds inactive.
Railroad bonds irregular.
StOcks-I'neTe were advances in
stock pIic3s to-Cay which Wee mat rial
in the standard stocks, and the market
left off buOyant at the best. 1ldns-
actions reached nearly a million
shares for the first time in some weeks.
Some Aesitancy was manifested at
the opening i'll view CT the possibility
OF foreign developments which might
follow Ine death Of the President ii
the French republic. The fractional
declines in the London and local mar
ket was checked when Paris appeared
as q layer in London, which had a re-
assuring effect. NOIccably weak fea-
lures in the early trading were sugar,
Tobacco and burlington. These stocks
4 after GnOtleT were taken in hand
and carried we'll above last night, une
rise from the lowest reaching 73 in
Tobacco and 81 in Burlington. MGny
traders viewed The action OF ycster-
days market as indicating q re5UInp-
tiCn OF a bull movement and purchased
stocks. The fact that st. Pau!5 earn
ings for the second week in February
Increased somewhat in spite OF the
snow storm all along its route, rem
dercd it a leader in the days strength
: it advanced "a, ard t0ck island,
too, rose over = points.
Among the high-cla5s investment
shares which were generally str0ng,
Pennsylvania advanced rs; Central
and Southern Pacifc's strength was a
reflection of the expectation CT a SET
Element with the government. Mis-
souri, Pacific also was strong, while
Union and Northern Pacific showed
heaviGcss throughout. The plans which
are supposed to be UndGr way to better
regulate the anthracite trade seemed to
affect Reading "rst preferred, which ad-
VanCed about : points. PHILADELPHIA
adyices of new subscription privileges
for stock lifted Metropolitan street
railway some five points, while Third
avenue rose even more. Among the US
ually inactive stocks there was a rise
Of 81 in Long Island railway. London
was a moderate seller en- balance. Many
CT the large brokers were instrumental
in Opinp nTipoG tO-doV cOl aCv1- M o.