Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-08-30
FINANCE and IRADE.

NEW YORK, Aug. 29.-The Com
mercial Advertisers London financial
| cablegram The afternoon news inn
proved the tone of the markets here to-
| day, but failed to increase the volume
of business in Americans or in any
other department. The investment de-
| mand for consols is reviving.
| The bank bought S28,000 gold in
| bars and received 100000 from Aus
| tralia.
NEW YORK, Aug. 29.-Money on
call was easy at 1A@1R per cent.
| Prime mercantile paper, 4Q472 per
cent.
| Sterling exchange firmer, with ac-
tual business in bankers bills at $4.S7A
| Q4S79s for demand, and at S4.S4 for
| sixty days Posted rates, S4S5 and
$4S81b. Commercial bills, $4.S3Q
$4.831k. Bar silver. 615sc. Silver GER
| tificates, 61AQ6234c. Mexican dol
lars, 4S5se.
u. S. reiunding Is (when issued reg. .1o3a4
10 coupons :...................'... le5a4
| U. S. IS registered. ......................lOS
| Do coupons -. ......................l0 9
1 Z. S. new is registered. ................134
| do coupons ....................1o
! y. S. olu is registered. .................l15
| DO IS coupons ..........................u lib
| II. S. IS registered. ....................1l2 12
| Do coupons OBSERVATION-DISCLOSURES. .1121a
| Government bonds strong. State
bonds inactive. Railroad bonds irreg-
! ular.
| StockS-There was stirring OF spec
ulatiye interest to-day, which gave an
| appearance OF greater animation to the
stock market than it has shown Tor
two weeks past. The strength conferred
in the steel group TOR the greater part
of the day, but il the later dealings it
extended throughout the list. The list
OF active STOCKS was not long one,
but such as were dealt in show quite
| uniform gains extending to nearly
point or over that in many cases. The
gains were well held and profit taking
made only slight inroads, the close be-
ing lrm though quiet at about the top.
Although the number OF issues dealt
in was not large the trading was not
nearly so much in few stocks as for
some time past. In the steel group
the gains ranged from a point to and
"a, the latter figures in National Steel
and Steel and Wire. This was no ex-
ception in the group to the upward
tendency, which was due to the tips
of the growing demand for iron and
iron products OF pretty much all grades.
The progress OF negotiations for the
settlement of wage schedules, which
are in progress, was probably reflected
al in ont "
speaking the demand for stocks is
partly ascribable to the requirements
of the short interest, which was made
uneasy by the check to the decrease
yesterday. Their disquiet was increased
by several incidents of the day. Prices
received an opening impetus to an ad-
vance from the better tone of the Lon
don market, which was encouraged by
the reported successes of General Rob-
ertS against the Beers. Actual buying
for trade account was on a small scale.
The upward course of trade discount
was checked, however, and the hope
was entertained that with the conclu-
sion of the stock exchange settlement
there money difficulties are obviated
for the immediate future. The state
UlenIS OI railroad earnings lOT Illc udy
were good, including the Wabash an
nual report showing a prosperous year,
and the ST. Paul report for July. The
threat of a strie of the anthracite coal
miners did not seem to affect the mar
ket, and Erie first preferred, in the
group of coalers, advanced 11a. The
homeWard course from summer vaca-
tons in Europe of a number of the in
fuential men in Wall street move
ments was a sentimental influence for
the advance, the room traders, who
still absorb practically all the deal
ings, seeking to anticipate the coming
operations which they suppose these
men will embark upon. The condition
in the money market remains I'M
changed. Dealings IN bonds continued
dull and the market was irregular.
Total sales, par value, s1,075,0
United States new As advanced 1a in
the bid price.