Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-08-15
Mexican dollars 4S12c.
Government bonds. strong.
State bonds inactive.
Railroad bonds firm.

Government DOnQS. SLlOuS.
State bonds inactive.
Railroad bonds flrm.
To-days stock market gave mark
ed exhibition OF strength rejecting, ds
it did, an upward movement in all
classes Of securities. No doubt the
chief impetus to the rise was manlpu-
latlve orders, particularly SO III the
steel group. Reports OF possible ami
cable adjustment OF the wage scn5d-
ule was responsible for rise on three
points in American tin-plate, and 10
11a IN kindred properties. The buoy
ancy OF this group radiated through
out the entire marker and influenced
pool operations in other stocks. AS
Yesterday, the leading railroad shares
occupied d commanding position III the
market, exceptionally large blocks OF
the Atchisons, Changers and PacldcS
being taken at Improvements ranging
from a large fraction to IFS IN st. PAU.
Practically the only laggards to the
upward trend of railroad stocks were
Is. & o. and Southern Pacific. The first
mentioned was sold heavily on its July
earnings, which fell off S239, l26 net.
An effort was made to raid southern
Pacific On the announcement OF the
death of its president, G. P. Hunting
ton, but the opening offer OF block OF
$500 shares at 1914, which was IS or
l per cent. under yesterdays close, was
readily absorbed. Indications that the
stock was to be supported, Influenced
the bears to transfer the attack to
sugar TINS stock displayed a good
deal of irregularity and ended in Ia
Off. AS the effective buying OF the rail-
road stocks became more marked,
many of the usually inactive stocks
participated in the dealings and i'm
proved materially. Despite the except
tionally heavy gold engagements TOR
export tomorrow, aggregating $780,
eco, no change in the local monetary
situation occurred. Abroad, however,
reflection of the gold drain from this
country was noted in a decline in
money and discounts in London, Paris
and Berlin. Some recovery was made
early in the day in Sterling Exchange
quotations, but subsequently the mar
ket became easier on sales of bills
against to-morrow's shipments. The
sub-treasury statement showed a net
operations, while its debit balance at
the clearing house to-day increased
to S1,936, ZIG. business by the arbi-
TRACE brokers was On a large scale, and
for the long side OF the account. 1t is
estimated that the purchase on bal
ances were fully $4,000 shares, and en-
braeed pretty much all the inteTna-
tional issues. The government foreign
trade statement for the month OF July
and the seven months OF the calendar
year, showed an excess OF exports over
imports Of merchandise and products
OF $3,977, PAS and 5000, 491 .972 respect
lively This exhibit demonstrates anew
the commanding position OF the United
states in the matter OF trade ana will
insure return in, the autumn months
OF the present ef1iHx Of gold. State
ments of the tonnage in the east-bound
shipments Of provisions and cereals
by the leading trunk lines, indicate a
heavy gain over the previous weeks
movement to the seaboard In the
closing dealings OF the stock market
there were indications that the short
lines were being reduced. and prices
ended at about the highest
An increase was noted in bond tran
saetions to-day, but the inquiry was
generally for the semi-speculative IS
sues The general tone was quite firm
Total sales par value, S735, coo.
Z. s. refunding 2s when issued and
old IS advanced Il and the IS 4 in the
bid price