Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-10-11
Government bonds Irregular.
State bonds weak.

Government BONDS Irregular.
State bonds weak.
Railroad bonds irregular.
Activity in the stock market was
very much benumbed by the perplexl-
ties in the money market outlook. In
ternational exchange and the rates 1or
money on foreign markets attracted
more attention than did nows of domes-
tic events, except as they affected some
special properties. What small inter
est there was in stocks was mostly
conferred on the specialties and the
movement of prices there was irregu-
lar. Peoples Gas was rather acutely
depressed on the Jews Of a general is
sue of injunctions to prevent the COM
pany from charging o than forty
cents for gas while that rate was ac-
corded to any of its customers. Laclede
Gas weakened, apparently in SYM
pathy. Sugar and Tennessee Coal were
also forced down over a point on rather
free selling. Manhattan, on the con-
trary, showed a continuance of its re-
cent strength during the early deal
ings and Brooklyn Transit seemed in
some demand. American Tin Plate in
the metal group rose over a point and
Hooking Valley as much. Except for
the last named stock, these advances
were all wiped out in the late reaction.
The heaviness of the general list be-
came marked after only a brief resis-
lance. The movement of prices was
very narrow and dealings small SO that
the net changes are not important, but
practically all of them are losses. The
large decrease in earnings of St. Paul
for the first week in October was a de-
pressing factor. More loans were call
ed to-day n the rate was marked up
to o u per cent before new accommo-
dations could be found. This was the
dominant influence in the market and
the renewed fall in sterling exchange.
which carried the rate down to the
new level of gold imports, seemed to
have little influence in offsetting the
effect of the higher money rate. The
sub-treaSury transferred half a million
dollars to-day to the interior, and the
drafts paid by that institution during
the week on account of the gold de-
posted at Pacific coast points is quite
insignificant. At the present rate of
depletion OF New York bank reserves.
1T is evident that mex Saturdays state
ment will show the surplus almost OBJ
liberated, unless it shall be offset by a
drastic contraction of loans. Another
$4,000 was engaged in London to-
day for shipment to New York. but the
dlscount rates promptly responded with
advances extending to % per cent. and
1t is generally believed that the bank
OF England will advance the official
rate tomorrow as the private rate has
now gone above it. The s~ensitiyeness
OF the foreign markets to the threat
ened Withdrawals of gold detract from
the beneficial effect on speculation here.
The reported panic on the Vienna
boerse yesterday gives an unpleasant
impression. To-day's violent break in
the price of cotton and the u~nexpected-
ly favorable character Of the govern
ment's monthly report Oh cotton give
rise to the further question of cotton
to market, which is now the dominat-
ing influence in both the money and
foreign exchange markets.
There were firm spots in the bond
market, but business w<s very dull.
total sales par value 1855, 0OG.
U. S. coupon IS and old As declined
"A and new As advanced "a per cent
on the last call.