Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-07-14

e6 10 tel mat they had exaggerated
the prospective benefit There were fe-
alizing sales from this source Last
Saturdays statement is generally rec
ognized to be, in the words of the
manager of the clearing house, ssingu-
larly unfortunate, in the working OF
the system of averages to make the
returns seem worse than the actual
condition OF the banks. This weeks
statement is expected to be remark
ably strong, but it is feared 1t may be
equally unfortunate in rejecting actual
conditions A number Of very heavy
loans were Iiquidated early in the week
and there has been some expansion,
but the fact of progressive increase
in the total will make Saturdays show
ing or loans based on rising averages
and therefore likely to under-state the
actual total at the end CT the week.
The sub-treasury has been taking
money from the banks and the interior
exchanges still run against New York.
The announcement of one OF the great
insurance companies Of it's intention to
dispose of all of its investments in
stocks was a weight on the market dur
ing the early hours, but some relief
was caused by subsequent announce
ment that the holdings would prob
ably be disposed Of at private sales.
New York Central's increase in gross
earnings for June of s560OS4 helped
the late recovery in the market. The
close was about steady at mixed gains
and losses.
The railroad bond market was rather
dlAs and irregular, the southwestern
railroads being in good demand. To-
tai sales, par value, s2,S25,O00.
United States old As registered de-
clined "A in the bid price 4
The total sales Of stocks to-day
amounted to 414,S95 shares. Quota
tions closed bid:
Addison ........ ......... ......,-....... - -
Do preferred ........... ............,.. US
I<aitlnlcre and Ohio. Observation-Disclosures. go
CGnaG!a Pacific 9i@5
Central Pacific NEUTRALITY-SUSPICIOUS.. q
Chesapeake and Ohio. 2S34
Chicago and Alton .....................l5 lou
Chicago, Burlington and Quincy. 1854
Chicago and Eastern Illinois. .....-., -
Do preferred II
Chicago Great Western. ................l4l1 Is
Chicago and Northwestern. ..........l 6l "A
Do preferred ......... ................l94
Delaware and Hudson .................lZ142
Delaware, Lackawanna and Western.l6S
Do first preferred ............, 81
Great Northern preferred .........l t01s
illinois Central .......-. ..........-...-1lo
Lake Erie and Westerl..... ........... -
DO preferred .......... ................. i694
Louisville and Nashville ................ 727s
Metropolitan Street Railway. ......... 22212
MicLisan Central ......... ............A all
Missouri Pacific ..........................4 a12
New Jersey Central .....................Ilt 24
New York Central ......................l3 1872
Northern Pacific .......................-. 5Ots
Do preferred .......~- ............... uA
1ittsburs ........ .......... ..............l6f
keac!ES ..,.,:... ..........- ......'-.... ~
EO first preferred ACKNOWLEDGEMENTS. 6Ja4
II. Paul .......,....-....... lo1 -
Do preferred ......... ..................ll4
Southern Pacific ACKNOWLEDGEMENTS 81
Texas and Pacific NEUTRALITY-SUSPICIOUS.. "a
Union Pacific ........., ................ 1874
Do preferred ............... .......... l9s
Wheeling and Lake Erie. .......'..... e%l
Do preferred ......... ..............:.. 24A