Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-02-01
FINANCE lind TRADE.

New York, January 31.-The Com
mercial Advertisers London financial
cablegram says:
There was less activity in the mar
kets here to-day. The tone was reac-
tionary early, but the close was firmer.
The movements were small, however,
except in specialties. Americans were
sold early and were very quiet till af-
ter hours in the stock, when they turn
ed good.
New York, January 31.-Money or
call steady at 214@3 per cent; last loan
8 per cent.
Prime mercantile paper 2A@3A per
cent.
Sterling exchange firm with actual
business in bankers bill at 1850
4.85A for demand, and at $4S304S3A
for sixty days. Posted rates $3.50
4.86; commercial bills S4S204S21S.
Silver certificates nominal at $3.50
601ac.
Bar silver 591Ac.
Mexican dollars 471Bc.
7. S, new IS ...................1C72s
L. S. new As, reg........:........1Z53s01 2S7k
D9: coupon ..'-... ....... .129&4QltJ
- - ., rs ....'... 1900. ......... 1l2$s
Do. IDS, eX-int,, ....... .....99
I; ). Us, reg. ......... ...........1111a01121
DO oS coupon ....................1i2A Q11313
Government bonds Irregular
State bonds inactive.
Railroad bonds irregular.
Stocks-The average recession in
stock values to-day was fractional
There was no pronounced pressure 10
sell, as was shown by the diminished
volume of business. There We're trans
actions of about three-quarters of a
million shares, which formerly would
have been considered a large days SEES
sion. London continued a moderate
seller on balance and the market show
ed alternate spells of strength and
weakness. There was considerable
selling for Chicago account. The trad
ers were free sellers at the opening and
prices ran off factionally except for
declines OF point and over In READING
first preferred, New York Central and
Tennessee Coal and Iron. Buying or
ders appeared in various directions and
there was number of recoyeries from
to points, including Tennessee Coal
and Iron. The decline in Reading first
preferred was on rumors that the coal
deal was not developing as well as ex-
pected. Central and Southern Pacifi.
Mobile & Ohio c., c., c. & St. l., Long
Island, Chicago Terminal issues, South
ern Railway and some other special
ties were consistently strong.
A vigorous bear attack. which was
particularly directed against Sugar,
caused that stock to drop points from
the highest prices which it had attain
ed or continuance CT talk CT some ar
rangement with the Glucose Sugar Re
filming Company. The facts concern
ing the company's intentions are, of
course, known only to the insiders.
New York Air Brake took a dive of
about points. There was activity
and strength among high priced in
vestment stocks. including New York.
New Haven & Hartford, which touch
ed 204; Great Northern preferred,
which made a new high record of 176;
Consolidated Gas, which touched 2041b.
and Brooklyn Union Gas, 1872. The
strength Of these two gas stocks was
on various consolidation rumors. In
regard to the strength of Great Nor
thern stocks, there was gossip that
there might be another Melon to be
cut by the company, perhaps in the
form OF some distribution to the stock
holders. The time for such actioS was
clothed in much mystery.
speaking, rket
|ent through the procd ~.