Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-02-22
Bar silver 5912c.
Mexican dollars 47kc.

Government bonds strong.
State bonds strong.
Railroad bonds irregular.
Stocks: Interest in the stock mark
ct continued very restricted to-day and
operations were largely in the hands
OF professional traders, as on the earl
Ter days Of the week. The dullness
was in part due to to-morrows holl-
day, the traders hesitating to put out
new contracts on account OF the doubt
existing over the speculative outlook.
Even the closing up of contracts incl
dent to the eve of a holiday, was on a
small scale, indicating that outstand-
ing commitments on either side are
small. The mere fact of dizziness and
apathy on the buying side is likely to
invite aggression by the bear party,
and they had the additional encourage
ment of positive weakness in a hand
full of stocks, of which Peoples Gas,
Third Avenue and Leather were most
affected, decreases in those three rang
ing from Us to 3B, the latter Peoples
Gas. There was furthermore the hard
ening tendency of the money market
which was only evident in quotations
for time money and mercantile paper,
call money remaining easy. But in
spite of these depressing factors the
undertoEe in the general list was rath-
er notable for firmness and in the
railroad department net losses are the
exception rather than the rule. The
grangers and Missouri Pacific suffer-
ed most from selling. The undertone
of firmness was due in part to SYM
pathy with aggressive strength in q
number of individual stocks, notably
Norfolk & Western, Southern Railway
preferred, Reading first preferred,
Erie Telephone and the Chicago, In
d%ianapolis and Louisville stocks. Lon
don was a liberal buyer in this market,
the buying for that account being es-
timated at. 80, 900 shares of the va
rious international stocks. A disre-
gard by the speculative public of the
diminishing bank reserves through abb
sorption by the U. S. treasury is ac-
counted for to some extent by the fact
that sufficient gold is being received
from Canada and from California to
partly offset the drain to the treasury.
There was a sharp recovery in New
York exchange at several interiors to-
day, indicating a cessation of pressure
from that source. Account is taken of
the fact that the present circulation of
national banks is only about half of
what they are entitled to-. Spectators
argue that with the passage of the fl
nancial bill now in conference between
the two houses of Congress, the banks
VIII take out all the circulation to
which they are entitled. which would
involve an expansion of the currency
OF about 100 per cent of the present
national bank not circulation. To-
days buying of stocks by London, the
hardening tendency of the local money
market and an increase in the supply
grain and cotton bills resulted in a
considerable relaxation of sterling ex-
change rates, demand dropping q and
cables no less than u per cent on the
pound.
Business in bonds was on a moderate
scale and prices for the most part show
gains. Total sales par value 81, O95,-
600.
United States IS advanced u and old
As n 5s Il in the bid price.
pd ~ prslerred 6S%
5altlinofe and Ohio 6252
Canadian Pacific eSs-
Chesapeake and Ohio niS
GnicdSo GFeat Western............... 1875
SGh;cago, ~buriIngton and Quincy ....... .123A
Sn!cago ana Eastern Illinois. ........... g215
Shicago and. Northwestern...1eO
Delaware and Hudson. II6
delaware, Lackawanna and Western. 1921
@Io ...-..fr ..---......--.-.... 124s
DO nrst preferred 34&
GTeat Northern preferred. 1915
Illinois Central $50. 1I2H
Lake Erie and Western. II
Dc preferred S41k
Lake Shore ..... 1ot
Louisville and Nashville s5H
L~Mdhhattan 9Tls
Metropolitan Street Railway.......,...177R
Nilssoufl racine $500. .......,.. 45A
New Jersey Central INK
New York Central .....s..s.......... 1881
1ennsylVahla ..s..ss. ss,ss.s...s...s.s... .13iL
oSddlns .... .....sss............ 1S&
20 first preferred .................. ssh
Do second preferred ............... S1s
81 Idut .t.r-- 122A
10 preferred $1,000. 17lL
SQutneFn Iacinc 3SM
~ 81 i ! ! || q - . y
H2ulheTn hallWaY .......... 12SS
~ pisaefisu ;s,..... ...... 5S1s
Union Pacific ........
WABASH ..,..s.. ........I