Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-11-16
Mexican dollars 5OAc.
Government bonds weak.
State bonds inactive.
Railroad lh0ndc StrOup

Government bonds weak.
State bonds inactive.
Railroad bonds strong.
Strength was renewed in the stock
market to-day but there was nothing
like resumption of the speculative
enthusiasm of last week There were
more stocks that moved strongly up
ward than Yesterday and there were
fewer that closed to-day lower than
they left off last night, but there was
nevertheless a continuance of the ir-
regular tendency in the market. The
points of strength, though more num-
erous, were still somewhat isolated or
disassociated, and the market did not
at any time show permeating and Wig
curious strength. The gains seemed to
be due either to the operations of spec
ulative pools working for an advance in
special stocks or to causes affecting the
individual stocks. General Electric
duplicated it's gain of yesterday with
another 6 point rise, carrying it to
160h on the large earnings reported.
Yesterdays strength in the coalers be-
came largely localized in New Jersey
Central which was up at one time Az
points on reports of coming increase in
1uC movement vi
scope for the day was in the winter
wheat grangers, which advanced be-
tween l and points all around on the
good weather for the crop in that terri
tory. The movement in Great North
ern preferred and in Union Pacific was
attributed to the reports of a working
agreement looking to extension Of traf-
fic into each others territory. North
ern Pacific, after a rather slight adj
vance, fell back to about last night
level. Consolidated Gas, Continental
Tobacco, Peoples Gas, Tennessee Coal,
Brooklyn Transit and some other spec
lalties were strong in the same way.
London bought a small number of
stocks on balance. The professional
pressure against the market was re-
Taxed and there were no further signs
of urgent liquidation, although profit
taking was in evidence at some points
all day Money was appreciably easier
and favorable bank statement on Sat
urday is beginning to be discounted.
The sub-treasury operations have con-
tributed about S2,500,000 TO the market
by reason of the falling off in internal
revenue collections and large disburse-
ments for pensions. There have been
light currency shipments to New Or
leans, but Chicago exchange rose to par
to-day. Reports from interior money
markets are of easy conditions, due to
a process of unloosening after the cleo
tion similar to that which occurred in
the New York market. Arrivals of
over 100000 in Australian gold are
expected in San Francisco in few
days, which can be made available by
Geographic transfers through the sub
treasures to the cash reserves of New
York banks. There is a feeling that
the large war loans impending in Eng
land and Germany will probably not
he offered until early next year. The
statement of the foreign trade for Oc-
tober give increased confidence in the
country's financial resources. The
total exports as well as the excess OF
exports over imports are far greater
than those for any previous month in
the counTy's history the excess of ex-
ports showing the astounding total of
1872, ATE, 226. The phenomenal cotton ex-
ports are largely responsible for this
showing, but after allowing for this the
gratifying fact is shown that the value
of manufactured products exported
shows an increase over October of last
year of nearly $9,0O0,00O. The ability
of the country to supply all requisite
credits in view of this extraordinary
trade showing cannot be cause for any
serious apprehension.
The bond market was of the same
character as the stock market, showing
strength but not at the high level OF
last weeks activity. Total sales par
ralue s2,760, 000.
United States refunding IS and the
IS coupon declined Il per cent and do
registered and the old As Il per cent
IN the last call