Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-10-19
Mexican dollars. 491kc.

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u. S. IS registered ..........,............10 1881
s. G new Is registered $50
| Do coupons ............-.............. .l33A
u. s. ola As registered. ..................ll4A
| do coupons ........................ iiaA
u. >. bs registered. .........s....lE
Do coupons ................-......... ..ll5A
Government bonds strong.
State bonds weak.
Railroad bonds irregular.
NEW YORK Oct. 1s.--The movement
OF prices OF stocks became exceedingly
varied and irregular to-day, under the
operations OF conflicting speculative
forces. These forces were largely pro-
fessional traders in stock. and they
conducted their operations with free
hand on a large scale. So far as the
| surface of events showed, large and
influential bear party inaugurated
1 campaign for a decline to-day. There
was open selling by an interest which
has long persisted on the long side OF
the market. and for whose account
there was large selling to-day not only
| In stocks in which there has been open
buying for some time past, but in Other
stocks all round the room. On the
| other hand. there was resistance Offer
&c to the decline by the manipulation
| OF various special stocks with resulting
sharp advances. How far this latter
movement resulted from desire to
sustain the market for the purpose OF
realizing in other stocks, could only
be surmised. In Union Pacific the sell
! ing to realize was on an enormous
| scale, blocks Of a thousand shares and
upward coming out frequently. Consid-
ering the volume Of the dealings, The
narrow movement of the price is a
pretty good indication of a continued
heavy buying demand. The stocks ex-
IRENE range was i, which measured
the decline, and in the late dealings
there was full recovery The heaviest
stocks which have been recently the
center of bull operations. Penasylva-
mia, Baltimore & Ohio, Southern Pa
/ cific, Atchison preferred and Louisville
were conspicuous in this category.
During the early hours OF the day the
| aggressive selling was succeeded by pc
! RODS OF dizziness and feeble rallies
| but the development of positive
strength at some points later in the
day made the undcTtone firmer
| throughout. The first notable rally
was in the iron and steel stocks, which
were suddenly advanced all around by
rapid steps from l to IA. Prices of the
group then fell back, but points Of
strength developed elsewhere. The
| movement in New York Central and in
| stocks Of all companies which are ex-
pected to come in close relation was
noticeable one. There were substan-
tial gains in all of the New York, Chi
cago and st. Louis stocks, the first
preferred selling up points on a single
sale, and closing points higher bid.
The Lake Erie C Western stocks and
Canada Southern rose from l to
points Chicago & Northwestern, the
Denver & Rio Grande stocks and few
less conspicuous railroad stocks also
came into the late movement, which
spread throughout the list. Sugar rail-
! lied sharply "a points, and the closing
was firm and at recoveries Interna-
tiCnal power was conspicuous for
slump of 81 points on the execution
o. small selling order. The market
was strictly professional throughout,
and the news of the day had little in
fuence on prices. The ending of the
coal miners strike was entirely ignored
and the tendency in Peoples Gas was
,reactionary, in spite Of the announced
settlement of its controversy with the
Bank of England's rate of discount at
per cent. had little effect here, as the
course OF sterling exchange continues
upward, owing to the railing off in the
supply of cotton bills, and it is not ex-
pected that any further gold will be
drawn to New York under present con-
ditions. Transfers of currency through
the sub-treasury rose to S325,00O to-
day, but New York exchange at Chi
cago recovered from 40 cents discount
to 25 cents discount.
The bond market continued irregular
on a fair volume of business. Total
sales, par value, s1,715,0v0.
U. S. new As advanced Il per cent. on
the last call