Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-01-05
Mexican dollars 47A.
Government bonds strong.
State bonds inactive.
Railroad bonds firm.

0OVeIuAueIlJ DOnuS strong.
State bonds inactive.
Railroad bonds firm.
Stocks-The most conspicuous figure
| OF the days trading in stocks was the
continued heavy selling for foreign ac-
count, about which there was consid-
I, cradle mystery. The orders to sell in
New York came from London, but Lon
don attributed them to Berlin account.
! Vienna also reported sales on its ex-
change for Berlin account. In spite of
the explanation that the Berlin selling
was forced by money stringency the
Berlin discount rate showed a rise of
only 70 per cent. In Berlin itself the
depression was attributed to the de-
cline in English consols and to the cap
ture by the British of the German
| steamer General. While the motive of
the foreign selling was obscure and ex-
plantations confused, the fact of it was
/ beyond doubt. Sales by the arbitrage
| houses in New York again footed up
! $4,000 shares of the various interna-
! tlonal stocks. There is undoubtedly
some uneasiness in financial circles
abroad over the possibility of friction
between Germany and Britain over the
| seizure of German vessels. 1t is worthy
Of note that while interest rates de-
clined in London and the Bank of Eng
! land showed notable recuperation in
resources in its weekly statement, ster-
! ling exchange at the important finan-
cial centres advanced sharply in spite
of the hardening money rate in Berlin
and Paris. The New York sterling
exchange rate advanced at the same
time, without affecting the local money
market, in which the rates ruled from
five to six per cent. The inference is
warranted that London is preparing to
make further acquisitions fer foreign
gold supply and that her money mar
ket will have to meet demands for COM
Ing government loans. In our own
stock market the considerable offerings
for foreign account drove prices down
at the opening near a point in the prin-
clpal international stocks. The level
OF prices thus attained, coming after
/ yesterdays sharp reaction, proved so
inviting that large and substantial
buying appeared which forced recov-
cry in prices by the end of the first
hour. Later New York Central was
DID Hp sharply to 1877 and the short in
ter9st in Sugar was driven to rout by
stories of settlement Of the trade
w9r. Yesterdays reactionary market
lffuced quite an Enlargement OF the
SHORT interest and their demand 10
cover was an important element in the
Y days recovery in prices. The special
4 ties showed wider changes than rail-
road stocks, but the demand for rail-
ways was long and we'll distributed,
and except for the special strength of
the trunk lines. their gains were quite
UNIFORM A movement to take profits
In the last hour caused a material re-
action, reaching to over three points in
some OF the industrials and between
one and two points in many railroads.
Dealings in bonds were not largo and
the market was irregular Total safes
par value S1.755,000. United States
new IS coupon advanced IS: do. reois-
tered old Is and As Vi, and the new 4s
coupon Is in the bid price.
Y Atch.soa ............. . ,aa.
Do. preferred ............. -, is1s
Baltimore and Ohio ............. ~
Canadian Pacific ............. a. :
Chesapeake and Chic ......... SO
Chicago Great Western .......... gSls
Chicago burlington and Quincy 49,, .l33i:
Chicago ard Eastern Illinois - *
ChicaSo ana Mort hwestern. .lsS1t
Delaware and Hudson ............... IS &
Delaware, Lackawanna and Western. .17Ssi
Erie ACKNOWLEDGEMENTS. ............... ii
Do. preferred .....................S 80
Great Northern preferred ........172
lllnoiS Centrai ....................... .112l.
Lake Erie and western .-..-..-....... 24i
10. 2reaefreU ..-.-...-..-....-.....-. 81
Lake Shore .:;......;:.-.-........ ISL
, | Louisville and Nashville ............7 "a
| Manhattan l. .-..:.......--.............. 961
| Metropolitan street Railway ......... .l76i
Missouri Pacinc ACKNOWLEDGEMENTS. Al
. New Jersey Central ....................l1 III
New York Central .-...................I 1875
!, | Northern Pacific ACKNOWLEDGEMENTS. 525
a Do. preferred ACKNOWLEDGEMENTS. 72s
| Pennsylvania ..-.....- .....s.... ..-...-132i
! Reading --............s ......-.-..-...... 1Sl
Do. first preferred r......-s............ 521
~ Dc. second pr5ferreQ .................. 81
ST. Paul ...s.......... III: