Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-05-03

u S. new As registered ............'...ia oS4
IT, s. new as coupon ...........-.-......l1 LOS
u. S. old As registered .........-.....-.uaH
u. s. old Is coupon ....................1iii29s
U. S. IS registered .I iiiSs
u. S. IS coupon ..........-.--.'.'. 'lAi7s
Government bonds weak.
State bonds inactive.
Railroad bonds weak.
stock prices ranged over a wide rad
Jus to-day and enaed with good gains
for the day. A considerable advance
ranging from l to points in the spec
ialtles occurred in the first half hour,
aided by purchases OF round amounts
of the international stocks for London
account. Stock values then suffered
on a continuance of yesterdays heavy
liquidation, and receded sharply, the
specialties closing from to nearly
points. By noon liquidation had prac-
tically ceased and there were rallies
which among the specialties ranged
from 31s TO SIC. The Standard rail-
ways moved far less widely except for
Burlington and Delaware & Hudson,
which made net gains OF 1A@3A re-
spectively. Among the specialties the
net gains extended to Az in Air
Brake, 6A in Metropolitan, Sss i'll Man
haitian, AS in Brooklyn Transit. and
an average OF 2 points in Federal steel,
sugar, National steel and Tennessee
coal and iron. Call money rates ruled
at about per cent. most of the day
and their steadiness was a source of
confidence as was the easier tone in
sterling exchange, which was attributed
to London's purchasing of stocks. An
other reason which might be assigned
for the rally was the fact that the FORD
franchise tax bill would not figure in
the tax levy for this year and the hope
OF those interested in the securities eff
fected that delay of year might bring
about a modification Of its provisions.
The sharp speculative contest between
the bulls and bears in Brooklyn Tran
sit which ultimately resulted in favor OF
the former was because of its great ac-
Jivity, a sentimental influence in favor
of taxing the long side in other proper
ties.
The dissemination of story that the
sugar insiders were indisposed to come
to terms with present rivals because OF
the fear that other syndicates stood
ready to start up new opposition was
supposed to have something TO do with
the dip in sugar, but the readiness of
large house to absorb offerings brought
about rally in which the earlier loss
was more than recovered. Besides the
tax franchise bill the gas rate war in
duced liquidation in Consolidated gas,
but covering of shorts and other pur-
chases caused the stock to rise above
last nights figures. The rapid f1uctua-
lions with alternate pronounced weak
ness and strength caused reduction
in the outside interest and left the
market much of the day in the hands of
the professionals. Late in the after
noon when the market broadened out
and a general movement was under way
activity of commission houses was
again noted. The market left Off
strong at generally the best prices.
Some recessions occurred in the bond
market in sympathy with the early
liquidation in stocks. but there were
later partial recoveries. Total sales
$2,525 900.
u. S. IS coupon and the new 4s cou-
pom declined &c in the bid price.
The total sales of stocks to-day were
692, $50 shares. Quotations closed bid:
Do. preferred OBSERVATION-DISCLOSURES. CO.'S
Baltimore and Ohio ACKNOWLEDGEMENTS. q
Canada taciflc ...................-....... 99is
Canada Southern ACKNOWLEDGEMENTS 96zt
Chesapeake and Ohio .................. 269s
Chicago and Alton ...-;..:............l6 TO
Chicago, Burlington and quincy 49,. .l43A
Chicago and Eastern Illinois ........-. yf2
DO. preferred ..,.......'.........'.... LA
Chicago Great Western .................. 15A
Delaware and Hudson ..................l2l
Ie.aware, Lackawanna and Western..To
Delaware and Rio Grande ............. "A
Do. preferred ACKNOWLEDGEMENTS. 1914
Do. LIST preferred ..,................3 SO
Great Northern preferred ............lg l
Lake Erie and Western ................ Il
Do. preferred ......................... 69ls
Louisville and Nashville .............. 671k
Michigan Central ...................-.-.1l3
Missouri Pacific ..;....................-4 Sts
New Jersey Central 12O94
New York Central .........-..........-.l3S !s
Northwestern OBSERVATION-DISCLOSURES. 20S4
Northern Pacific ACKNOWLEDGEMENTS 2as
Do preferred ..........................1 70
Pittsburg ACKNOWLEDGEMENTS. =
Reading ACKNOWLEDGEMENTS. rs
Do list preferred ACKNOWLEDGEMENTS. 6Sls
Rock Island ..............--..,....... .ll6Ss
Southern Pacific Observation-Disclosures. 80
Texas and Pacific ....................... 22la
Union Pacific ............................ ass
Do. preferred. ACKNOWLEDGEMENTS. 7Sl2
Do .referred NEUTRALITY-SUSPICIOUS.. 2zTs
Wheeling and Lake Erie ............... 1874
10. preferred ''.....'............'...... 81
EXPRESS COMPANIES.
American OBSERVATION-DISCLOSURES. ...l49
United States OBSERVATION-DISCLOSURES. 81
MISCELLANEOUS.
American Cotton Oil ................... 37A
An me- preie Spirt 31L
Do. preferred Observation-Disclosures
American Tobacco ....................2
Do preferred ......... ................143