Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-03-10
bdI SIIVtI, % I8C.
Mexican dollars, 47Zc.

Bar silver, 59hc.
Mexican dollars. 47Zc.
Y. S. Is registered. ....................102 1924
=. .; oS registered
Y. ;. SO coupons ...................-....u liz
! U. 5. Old As registered. .1lI4s
Y. s. new As registered. ........... .l361a
U. S. new IS coupons. .lo612
| u. 5. old As coupons. .Q612
Y. s. 5s registered. 1l6za
U. :. 5s coupons.
Government bonds easy.
State bonds easier.
Railroad bonds irregular.
STOCKS-A day of remarkable
dizziness in the trading and slight
movement in prices of stocks was
nevertheless highly significant in a
negative way. There was some inter-
est in Sugar, which recovered two
thirds of it's dividend. There was
pressure against Metropolitan, which
fell at one time to 1852, and Pittsburg.
C. C. & st. Louis dropped ~ without
explanation. Third Avenue, Console
dated Gas, Peoples Gas and some 9TH
er specialties recently under pressure
showed a tendency to rally on cover
| ing by shorts. Rubber was raided
! down points and recovered 3.
There were sharp advances in the
Linseed oil stocks and declines in
Manhattan and Western Union.
| These changes were quite independ-
ent of any common influence and re-
fected no feature of the general out
look. But the fact that the small
bear traders were moved to cover
their short contracts before the close
and the resistance to decline offered
by the general in the face of the not
ably weak bank returns which au-
thorities agree must be faced to-mor-
row exhibited very strikingly the I'M
DERIVING strength of the securities
market. Apparently the banks will
show a loss in cash by tomorrow
statement of about $10,000,J00. 1t
had been hoped during the week that
the payments of pensions would de-
crease the absorption of funds by the
sub-treasury and the fact that the
last weeks gains by that institution
included the payment of a 100000
note to the government by the Cen
trail Pacific allowed that much mar
gin for a favorable showing this
week Nevertheless the treasury
has taken from the New York banks
during the week as much as last
week, the total footing up $7,578,000.
In addition the net shipments of the
cash by the banks to the interior by
express amounted to nearly $500 900
compared with a small gain from the
same source last week. This may be
! partly Offset by the registered mail
covering. Considering that the sur
plus reserves were below $4,000, 900
last week and that the money market
has shown no other sign of disturb
ance than a slight hardening in call
loan rates to per cent, opinion in
the street is prepared for some sur
prising showing in the loan account
in to-morrow's statement. The un-
ruffied demeanor on the stock mar
ket in face of this drain on money
resources makes it clear that loan OBJ
legations on account of stocks held
are very small. Sterling exchange
VIC wv nj M
small selling of stocks for London
account The question is canvassed
of the effect upon the New York
money market of the easier tendency
of money in London which It Is ex-
pected will be caused by government
disbursements for the purpose of
making a market for the new govern
men loan. Easy money in London
would invite gold imports to New
York. 1t is worthy of comment in
considering the sterling exchange
outlook that announcement was made
in Wall street to-day that subscrip-
lions would be received for the new
English loan. The reported initia-
tive by President Kruger, towards
negotiations for peace seemed to have
very slight influence in the market.
Bonds were dull and prices were
irregular in their changes. Total
sales, par value, s1,645,000.
United States Is declined y in the
bid market.