Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-12-23
Bar silver, 5812.
Mexican dollars. 471Lc.

4.SOh.
Silver certificates, 5SH@591a.
Bar silver, 5S1z.
Mexican dollars, 47Ac
Y s; 2s. registered: ......................10 21a
Z. 5. 81 registered. ....................11 0A
y. 3 Is coupons. :..................ll gss
7. &. new IS registered. .................lS4
=. 5. new As coupoEs. ...................13
Y. 8. old As registered ..................1l41R
y. ,. old IS coupons. ................. .ll51s
y. 2 5s registered. .....................1l 3A
Z. .. os coupons. 1874
Government bonds strong.
State bonds weak.
Railroad bonds weak
The stock market had to undergo
further liquidation to-day. Prices
yielded without any very active resist
ance, but there were no signs of panic
and the liquidation was conducted in
an orderly manner The principal
causes OF weakness were evidently not
local and seemed to be largely due to
the condition of affairs in Boston. The
closing Of the Globe National Bank
there was the cause of widespread I'M
easiness and brought large offerings on
the New York market for the favorite
Boston stocks. Sugar was the most
conspicuous example, as is shown by it's
stock was under very heavy pressure
all day on rumors Of continuation of
the trade war, as well as on the forced
sellinfi for Boston account. Burling-
ton, Federal Steel and Atchison prefer
red were also sold from Boston. Lon
don was large seller of stocks in this
market and the depression there exer-
cised large sentimental influence. The
rise in the private discount rate and
the fears Of trouble at the settlement
now imminent are causes of apprehen-
sion. Some of the favorite internation-
al stocks were acutely depressed from
time to time, notably New York Cen
trail, st. Paul, Baltimore & Ohio pre-
ferred, Missouri Pacific, Reading first
preferred, and Denver & Rio Grande
preferred.
The bears were energetic operators
all day and supplemented their efforts
by the circulation of some extravagant
rumors regarding the financial condi-
ton OF various houses and properties.
The effect on some of the trust COM
panies was to induce large calling of
loans as measure of precaution
against any extraordinary demands
rumor mongering of the bears was so
fragrant in some cases as to cause the
discussion by some of those who were
the greatest sufferers of legal measures
directed against the offenders. Dur
ing the last hour the bears were very
large buyers to cover short contracts,
and the effect on prices was seen in
recoyeries running all the way from
one to five points in the principal rail-
roads and industrials. AS result net
losses were reduced within a range of
points, except in few inconspicuous
stocks, which had not moved pre-
viously during the week A number of
stocks, including those which have
suffered most severely during the
week, rose slightly above last nights
level. The rate for money furried at
one time to per cent. but ruled for
the most part at per cent. or below.
Estimates of to-morrow's bank state
ment are all at sea, owing to the ex-
traordinary conditions that have pre-
vailed. The banks have gained on the
regular interior movement, but the ex-
traordinary demand from Boston has
offset that, so that the net loss on the
interior movement is about S1,300,000.
On sub-treasuENyz operations they have
gained about $3C00000 The amount
of gold exports which will figure in
the statement, including last Satur-
days shipments, is about 100000.
This would indicate net loss in cash
on all accounts of about $1,000, 900. No
one ventures an estimate of what the
loan changes may be.
Bonds were weak, in sympathy with
stocks, the speculative issues showing
some sharp declines. Total sales par
value $2,590,000.
United States new As advanced u,
the old As and IS Il in the bid price
Atdhison ......... Observation-Disclosures. 17ss
10 preferred ..:-..... ................. 531s
Baltimore and Ohio. ....... ............. ASA
Canadian Pacific OBSERVATION-DISCLOSURES 6ts
Chesapeake and Ohio .............. rs
Chicago Great Western. ................. 1l&
Chicago, Burlington and Quincy. JIG
Ch1cago and Eastern uifEois. ........... 81