Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-10-18
Mexican dollars 49kc.

Silver certificates 62a4 @S31Ac.
Bar silver 63c.
Mexican dollars 491sc.
e: S. refunding Is when issued) reg. 1914
DO coupons ..-...........-........... IVY
z. So new As registered. ...............lS5
Z. S. old is registered. ..-...............114%
Z. S. IS registered........ ............-.ll2
Do scoupons ACKNOWLEDGEMENTS. -ll5A
Government bonds strong.
State bonds inactive.
Railroad bonds irregular.
Stocks-Some continued efforts was
made in professional quarters to adj
vance the prices of stocks to-day, but
the bull forces were considerably de-
pleted and it was evident that the
manipulation for the advance in some
quarters was taken advantage of to
realize in others. Yesterdays market
fairly demonstrated that the outstand-
ing short interest had been reduced to
such proportions as to make their de-
mand ineffective in continuing the adj
vance in prices. To-day it looked very
much as thought some of the import
ant bull interests had taken early cog
nizance of this fact and had prompt
ly taken their profits. Some of the re-
cent influential bull operators had fair
ly reversed their position to-day and
were openly large sellers of stocks.
There was sufficient show of strength
in yesterdays market to attract con-
siderable accumulation of buying or.
ders from outside sources this morn
ing. In spite of opening recessions,
this buying encouraged the bulls to re-
sumo operations fer the advance. The
sharp twist to the short interest in
Peoples Gas was an influential factor
in their favor. The 6efinitive an
nouncement that the Peoples and the
Ogden companies mad adjusted their
differences ard had come under one
control caused excited trading in Peo-
pies Gas. Orders were simultaneously
executed at quotations running from
1884 down to SO on the sale OF $500
shares ct the opening. The price was
later run up an extreme "a. Owing
to the amount of long stock which came
out at that level the price fell back
g mr. Ia or nj ~
only 11a. The reaction in Peoples Gas
and the satisfaction of the outside de-
nand for stocks made the lated man.
ipulatlon for this advance Intellectual
Southern Railway preferred and Louis
vile & Nashville were pushed up 1B
and ia, and there was eager buying
OF the Reading stocks On the COM
pany's settlement with the miners.
Lake Erie & Western had a striking
advance of three points and Consoli-
dated Gas rose Az.
There were some substantial gains
in a number of less prominent stocks,
and among them are net gains saved on
the day. But the closing showed re-
stationary tendency throughout and was
heavy, with many stocks at The lowest
OF the day, and net losses The rule The
expectation is pretty confident that next
Saturdays bank statement will make
strong showing, but there is some re-
current anxiety as to the future. A
large part of the incoming gold imports
are accommodations picked UP from diff
ferent sources in the open markets, and
the reserves of the great banks abroad
have not been encroached upon. I'm
easiness continues in foreign money
markets as to what will happen if New
York makes such demands for gold.
Authorities in the London money mar
ket attribute the current ease of money
there to the disbursement OF govern
ment credits, and they regard with dis
Quiet the continued course of conti-
mental exchange against them. The
lam VI 1-uSiduu udS dtlSIupleu Will
out success to stiffen discount rates by
borrowing from the open market. In
view of this non-success it is question
whether the official discount rate will
be advanced tomorrow The weekly
statement of the Imperial Bank of Ger
many was notably strong, but the Bank
,f England had to surrender gold to
Paris to-day, as it did yesterday. In
New York funds continue available for
borrowing. but they come mostly from
loan and trust companies who draw on
their deposits with the banks to secure
hem, thus forcing shifting of loans.
The currency relief from the sub-treas-
uhy is believed to have about come
% an end. and should recovery in the
price Of cotton induce renewed funds