Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-07-24

which has been improving in price
much faster.
The bank received e55,00O gold from
Australia The market quotation was
IT'S Cd. The bleachers association pros
pectus is out. The capital is $780,
600 and 81 houses are consolidated.
Stocks-The influential interests
which have taken the leadership in the
stock market continued their efforts TO
day to make rising market with the
object of inducing public buying. They
were not discouraged by failure of out
side interest to develop on account of
last weeks advance, and they resumed
their bullish manipulation from the
opening this morning. There was not
much difficulty apparent in advancing
prices, or if any obstruction appeared
in the shape OF offerings in larger vol
ume than could be absorbed, the lea toIs
deftly turned their attention to sto;;ss
whose upward course Was easier. AS
The long interest has Lot yet at aimed
large proportions and as there still re-
mains a considerable short interest
whose condition grows daily more pre-
carious, the technical conditions ia
vored the advance There was some
accession of outside buying as well,
;. ~; oh Of ha
present buying to attract as reliance
for absorbing stocks at a higher level.
The appearance of this buying encour-
aged the professional bulls to re-
doubled efforts, and the days market
as a result gave an appearance of
greater activity and more strength than
on any day last week. This was par
ticularly true after Sugar had been
checked in its first reactionary ten
dency and was found to move upwards
easily on moderate buying. This stock
continued to have a marked inhu-
ence on the whole market and it's re-
action late in the day precipitated
movement to take profits elsewhere, so
that the closing was easy at consider
able recessions from the best. The
distinguishing feature of the marker
was its unevenness, as might be en-
pected from its professional and man.
ipulated Character. A few stocks were
active aud strong, a larger number
showed sharp advances after lying dor .
meagre transactions were sufficient to
move them. But the majority of the
list was only moderately active and
continued very sluggish, small net
gains being the rule in sympathy with
the strength in special stocks. There
was disposition to pick some leading
stock from each group Of securities in
which the interests or conditions were
allied and advance these leaders for eff
feet on their particular groups, thus
permeating pretty much the whole mar
ket with a show of strength. During
the course of the day other stocks in
the several groups responded more or
less to this manoeuvre, thus broadening
the effect of the advances. Thus Ten
nessee Coal led the stocks with an ex-
IRENE advance of Az, but several Of
the group responded to the extent of
point or over. Metropolitan Street
Railway advanced "a early in the day,
but Brooklyn Transit took the leader
ship of the group with rise of 31s on
the favorable judicial decision in the
ten cent fare cases. In the grangers,
st. Paul and Burlington rose about two
points each. Early advances in Leath-
er, Peoples Gas and Southern Pacific
proved abortive, and these stocks were
relegated to the background. Such re-
cent favorites as B. & o. and Union Pa
cific were notably neglected and were
inclined to be heavy. The hopefulness
of the bulls was predicted no the more
encouraging feeling regarding China
which was reflected from abroad. on
the confidence that the money market
is assured of a considerable period of
ease and that period of quiet in po-
litical affairs is likely to Intervene be-
fore the campaign takes on its more