Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-01-26
Bar silver 59Ec.
Mexican dollars AT

Bar silver 59hc.
Mexican dollars 47kc.
L. S. new 1G79s
L. S. new As registered .12sh@159H
L. S. new zs upons........... Iy52
L. S. Is registered ...........""l2 QllS1e
u. s. as
u. s. As IDS we
u. S. IS registered
L. S. IS Ola
Government bonds-Firm.
State bonds-Strong.
Railroad bonds-Strong.
Stocks-There were gains of to 11h
points in stocks to-day on transactions
in excess of a million shares, which
were widely distributed, many usually
neglected shares figuring in the total.
The market here opened hesitatingly
in sympathy with the irregularity in
London which was a seller of some 20
900 shares in the first hour. The effect
of this selling was but slight owing to
the support given by leading interests.
The professional element relived the
pressure which it had been exerting on
the market and turned buyers. The
commission business was in fair vol
ume and was disposed to follow adj
vances wherever they occurred. Lon
don took back some of her earlier sales
on noting the improved tendency here.
Influences bearing on the situation
were handsome increases in gross earn
ings for the third week in January
shown by st. Paul, Missouri Pacific and
Canada Pacific. There we're a number
of very interesting features in the mar
ket after the first hour. Metropolitan
Street Railway started a sensational
advance which eventually reached 1112
points above last nights closing. Man
haitian sympathetically made an eX-
treme gain of 8 points. These move
ments led to a revival of rumors that
the relations of the two companies had
been placed on a more harmonious
basis. The impression in the street
that in spite of the denials progress is
being made in the Vanderbilt plans for
bringing the collateral parts of their
eystem into closer financial relations
was partly founded on the extensive
and apparently solid character of the
purchases of Vanderbilt stocks. In
this group extreme gains were made by
New York Central of So; Northwest
3A, and c., c., c. & st. l.. ~. Union
Pacific preferred made a rise of 31s on
revived belief in the So-called Wander
bilt Trans-Continental deal, while Lake
Erie & Western prefrred was up 6H
points on the idea that the road was
being acquired in the interest of New
York Central. The interest switched
then into the low priced shares and
rises of about 3 points occurred in Rub
Der, Chesapeake & Ohio, Pacific Mail,
Canadian Southern, Chicago Great
Western GA" and Rio Grand & West
ern preferred, while the extreme ad-
vance in Toledo & Ohio Central, Rio
Grand & Western common and Tennes-
see Coal & Irion reached 5 points. The
strength of the Rubber stocks was on
dividend gossip, that of Pacific Mail on
reports from Washington as to the dis
position of Congress to subsidize Amer
lean shipping. Continued talk of the
prospect Of rehabilitating in the an
thracite coal trade brought a rise Of
from l to 2h in the Coalers. The
Changers likewise were up from 1 to
22 except in the case of Northwest,
where the advance was larger on in
vestment and speculative absorption
because of increases in earnings. New
York Air Brake bounded up 5 and Twin
City Rapid Transit 8 points. The large
and confident purchases of c., c., c. &
st. l.. and Chesapeake & Ohio encour-
aged the idea that the ~oft-reported
big Four deal was on foot again.
The closing was firm, well up to the
top figures.
The bond market developed marked
strength as the day progressed and
closed active at about the best. Total
sales $3.50, 900.
Government bonds were unchanged
on bid prices.
The total sales of stocks to-day
We're 1.127,OoO SHARES. Quotations
closed bid:
Atchison ,....... 231s
Do preferred $685.
Baltimore and 72-
Canada Pacific S14
Central Pacific A.
Chesapeake and 29%