Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-08-09


Mexican dollars, 4S1ac.
U. S. refundng Is (when issued reg 1882
Do coupons Observation-Disclosures. .l0312
Z. s. rs registered. .....................10 100
U. s. IS registered. .......................1 Jos
DO coupons ..........:...''.......... .loS
U. 8. new As registered. Northumberland 32A
DO coupons ...........................- 1924
L. S. old As registered. .u4A
DO coupons NEUTRALITY-SUSPICIOUS.. .114z4
Z. S. 5s registered .......................112 %
DO coupons ......... commemorate. .ll2A
Government bonds weak.
State bonds steady.
Railroad bonds irregular
Stocks-The stock market to-day
was even duller than yesterday and
the movement OF prices was trivial and
Insignificant without any important
exception. Room traders sold stocks
in the morning, impelled apparently
by the reports of the heavy volume
OF gold exported. Estimates were put
out that the amount of the shipments
to-day and tomorrow would amount
up to over $7,000,000. When it was
seen that the total would not exceed
$5.300,000 the room shorts covered. The
market closed practically lifeless near
to last nights level. Yesterdays ad-
Yancing tendency in United States Rub
Der was contested and that stock was
quite active and feverish ranging over
Ia and closing at net gain of 70.
There was the usual professional deal
ing in Sugar and Brooklyn Transit,
the latter suffering from the delay in
the publication of the annual report
which has been promised at various
Tho 10 A S,1l,cnri-1-
lions to the new British exchequer
bonds continued to absorb a large
amount of discussion and surmise in
Wall street. AS an evidence of the
large resources of capital available to
the country, the incident was generally
accepted as subject for national con-
graduation, but as an evidence of the
acute pressure to which the London
money market is being subjected and
the possible results on the world at
large of this condition, it was not
regarded reassuring. 1t is evident from
the public criticism in England of the
large allotment made to the United
States and the apologize tone of the
explanation to parliament by the chan
cellor of the excheQuer, that the policy
adopted was forced by money condi-
lions, which might almost be classed
as embarrassed. The allotment to the
United States of half the loan before
subscriptions were received in Eng
land and the quick closing of the loan
is in strong contrast to the effort made
to discriminate in favor of small sub
scribers in the case of last April's
'Khahi" loan. The result of that pol
icy has been that spectators have re-
Cured to the money market to meet
the periodical installments on the loan
and to carry their holdings, with per-
iodical pressure on the market as
a result. There is presumptive evil
dence also of some special provision
entered into with the leading Anglo
American house in London to which
was allotted half of the issue to insure
shipments of gold in payment. The re-
lief thus afforded to the London mar
ket will thus be more direct, but In the
last analysis the stringeucy of money
in London insured an ultimate move
ment of gold. The real case looming
big behind the movement of gold is
the meaning of expenditure and prep
arations for war, shown by the efforts
to replenish the national treasure
chests. To-morrow's shipments Of gold
to Paris show that that centre Is still
in competition with London for the
precious metal, and the piling up of
reserves by the Bank of France is now
commonly accepted as a preparation
for a pending Russian loan said to
amount to 00,000000. The news of
renewed attack on the legations in Pc
kin, the progress of hostilities involved
in the march on Pekin and the Ian
guage of the queens address IN pro-
roguing parliament, all gave force to
these considerations and contributed
to the profound dizziness of speculation
in securities not only in New York, but
in all the great financial markets.
Bonds were neglected and irregular.
Total sales par value, $S75,000.
U. S. new As declined 3s and the IS
and old as 4 in the bid price.
Atchison OBSERVATION-DISCLOSURES. 263s
Do preferred ......................... 70