Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-04-26
Silver certificates 59&@601ac.
Bar silver 5JMc.
Mexican dollars 47%c.
Government bonds weak.
State bonds firm.

u. y. 5S
u. $. 5S coupons
Government bonds weak.
State bonds firm.
Railroad bonds irregular.
Stocks-The stock market was in
large part confined to Sugar to-day,
the feverish and violent fluctuations in
which kept affairs so unsettled that
the operators hesitated to make ven
lures and the volume of dealings fell
to small proportions. There was no
actual news development to account
for Sugars cratic course, though the
board room was flooded with rumors
all day of a settlement of the trade
war, absorption of rival refineries, etc.
1t was pretty evident that these were
set afioat by the manipulators for a
rise, which was directed against the
short interest reputed to be largely
concentrated in Boston. The stock
sold as low as 108 in the morning on
supposed indications OF fresh vigor in
the trade war,and in the afternoon it
got up to 115A. 1t closed at a net
gain of rs. The general market sold
off after the opening in sympathy with
the break in Sugar, which effectually
dominated the tone Of the market all
day. When Sugar ~rebounded the room
traders all turned to the bull side and
kept prices up on a small volume OF
dealings. There were movements in
special stocks designed to help on an
advance, notably in Missouri Pacific,
Pennsylvania, Wabash preferred and
the grangers, but it was noticeable that
the buying demand showed a marked
falling off or any advance. Buying
orders came in on the early decline,
but later in the day the market IN
tinued dull. The apathy of the de-
mand caused realizing by the room
traders and a late reaction which wiped
out many of the gains. The closing
was easy and the net results for the
day were much mixed. The introduce
tion in Congress of a resolution for a
committee to investigate the Steel &
Wire episode and the New York stock
exchange may have had some influence
In the late reaction. The announce
ment of a small engagement Of gold
for export to Europe had very little
influence. The gold which amounted
to $500, 900, is believed to be destined
for Paris. Sterling exchange was dis
tinctly easier, the rate for demand
bills falling &c. This leaves the ques-
ton of further gold exports more
doubtful again. The lack of a fast
steamer this week is offered by some
bankers as a reason for refraining
from shipping gold during that per-
iod. Discounts in London were slight
ly easier to-day but money in New
York also showed further relaxation,
loans for sixty to ninety days being
quoted at 3 per cent, and four to six
months at So per cent on mixed col
lateral. The gain by the banks from
the sub-treasury since last Friday al
ready amounts to over 81, 200, 900. But
the sub-treasury's debit balance at the
clearing house fell to-day below a mil
Ion dollars for the first time in several
weeks, except when some special oper-
alton interviewed. The disbursements
In consequence of the government bond
premiums from the s~ub-treasury are
in fact declining, and this source of
replenishment to the money market is
likely to be closed O A sharp fall
in New York exchange at Chicago was
also an incident of the day.
The bond market was rather quiet
and irregular. Total sales par value
81, $50, 600.
United States 5s declined Il in the
bid price.