Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-07-15
Mexican dollars 477sc.

u - registered. .lu'ft
u. S. IS registered. .....................lo loss
4 L. S. IS coupons. .lO3ts
NJ. S. new is registered. .............--li
VI. S. new As coupons. ..................l3 1
u. S. old Is reg!steNed. ..................u2
u 5. old is coupons .........,...........-1lz12
y. S. IS registered. ......................ll 272
Government bonds firm.
State bonds inactive.
Railroad bonds heavy.
Stocks-There was a short period of
strength in some stocks this morning,
but it'was insufficient to overcome the
sagglhG tendency in the general mar
ket. The weakness Of Brooklyn Tran
sit coming on the dull market en-
phaslzed the reactfonary tendency.
The main cause of the general weak
ness was, the increasing fear that
money antiquities abroad would cause
future trouble for the New York money
market and Would take out gold as soon
as the local rate for money fell to a
point where ehe London. rate would
prove attracuVe% Rumors were abroad
all DAY that a Ylipment of gold was
contemplated 1or tomorrow steamer,
but up to the cloSe mono had heen an
nounceQ. money worked easier here,
call loans ranging from to 5 per cent.
Inc cali rate III london went to 37a
per cent ana olscoupt held at the Bank
Of England's minimum rate of ,31h ner
O-,dop eol1
cehto. Lennon sofa moderately in New
York, but gave goodl support to few
| IaFofltes III the American department
of its own market There was mn onot-
able change in sterling exchange rates
but sight bills showed a herdening
esHuency "hlle the sixty day bills were
easy. Not so much confidence + felt
in favorable bank statement for TO-
morrow Inc amount OF che loan con-
traction is an unknown quantitv unon
which depends the state of the surnlus
reserve. The banks have lost nearIv
81, $685. 900 to the sub-treasuXS, largely
on account of heavy customs p>vmen+s
They have gained a small AMOUNT ON
the regular currency movement with
the interior but the large sum OF money
known 10 nave peen sent mere EARLY in
the week from other eastern final cia1
eenters may have gone to other institu-
tions than the banks, and would TINS
not figure in the returns. These coz
siderations prompted pause in the
buying movement in stocks and the
early strength in the Southwestern
group, the trunk lines and Northern
Pacific gave way in the afternoon to de-
cidedly lower prices. The talk of crop
damage in the Northwest affected the
grangerS unfavorably in the late trad
ing. Losses from the top point in many
active railroad stocks ranged from 1 to
up above last nights level in the final
dealings, though it was little affected
during the day by the report of an
amicable agreement with Great North
ern interests. Chicago Terminal trans
fer was strong on the. reported sale to
the Alton syndicate. Brooklyn Transit
was weak throughout on the prospects
of a strike and closed at the lowest,
"a below last night The early
strength in Sugar gave way to weak
ness and Rubber dopped pa with a sub
sequent partial recovery. Manhattan
was marked up to 81 20 at one time on
the theory that surface railroad strike
would add TO its business. Covering
by shorts was an element of its
strength. Missouri Pacific reacted
sharply and closed point lower on the
day. A number of specialties showed
some strength during the day on in
dividual causes. Cotton Oil, National
Biscuit preferred, Tin-plate. Anaconda
and Steel & Wire were among these.
Air Brake gained S1a points.
The bond market was dull, and prices
yielded with the weakness in the
stocks. Total sales par value $3.50. 600.
U. S. IS advanced 4 in the bid price.
The total sales of stocks to-day were
Sal ,05S shares. Quotations closed bid:
20 preferred c....---... ...-........-.. 637s
Canada Pacific -.-.-...-.............l97 ss
Central P3fifc .,....................5 sss