Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-02-09
Ba. silver, $3.50.
Mexican dollars, 471zc.

u. D. 0S TeElSteTeQ..
u. 3. 5S coupons.
Government bonds weak.
State bonds firmer.
Railroad bonds easier.
S~tocks-There was a decided falling
off to-day in the speculative interest
of outsiders in the stock market. There
was a considerable degree of activity
and some i%rregularity, but it was large
ly due to the closing up of speculative
accounts on either side of the market
by professional operators. While the
market seemed to be largely in the
hands of professional operators, it was
singularly free from professional
manipulation, SO far as could be de-
tected. That is to say. the profess
sional bulls manifested no disposition
to bid up prices where there was evil
dence Of an outstanding short inter-
est, but were content to devote their
attention to the liquidation of their
profits. On the other hand, the bears
showed no aggressiveness in Offering
down prices where realizing was in
evitable, but centered their attention
On covering up their own short con-
tracts. While this covering demand
from the shorts was in evidence in a
number of conspicuous stocks, the pre-
dominant disposition was to take
profits by selling out long lines. The
center of the demand from shorts was
Sugar, and some of the other indus
trials, including n or two of the
metal group showed sympathy. Others
of the metal group, the local fractions
and the railroads generally showed
the effects of realizing all day. The
profit taking was conducted in an Or
derby manner. and without any such
violent movements of prices or furious
activity of trading as was the case
yesterday. The high opening in SYM
pathy with London held the profit TAX
ing, but opening prices were generally
the best. There wa continued large
absorption of Union Pacific after the
reaction which followed the dividend
announcement, and the railroad list
generally was well in hand. prices
being rallied occasionally to facili-
tate the realizing. The report that the
Union Pacific had determined to close
the Ogden gateway caused some heavi-
ness in the railroads, which have re-
lied on that outlet for traffic to the
Northwest, notably Burlington, Rock
Island and Missouri Pacific. The local
traction stocks. which have shown
themselves responsible to develop
ments in the rapid transit tunnel pro-
ject, were weak on the announced de-
cision to accept the contractors bond.
The stormy weather prevailing in the
West perhaps had some effect on the
railway list. The announcement Of a
bond issue by the Western Union Com
pany Of twice the amount first report
ed yesterday caused weakness in that
stock. The expectation is growing that
Saturdays bank statement will not
show the money position strengthen
ed, as the receipts from the interior
have shown a falling off, owing in part
to a renewed demand from the South
to accommodate a cotton movement
stimulated by the higher price. 1t is
obvious that the gain made by the
banks early in the week on sub-treas-
ury operations will be about wiped out
before the end of the week. There is
an increased partially for the rail-
road stocks as collateral as a result
of these developments. There are a
few gains on the days trading, but net
losses are the rule.
The bond market was moderately
active and showed recessions at some
points. Total sales, par value, s1.e15.-
900.
United States old As declined Mc in
the bid price.
IN "