Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-07-14
Bar silver 611ac.
Mexican dollars 48Ac.
Government bonds steady.
State bonds inactive.
Railroad bonds inactive.

Railroad bonds inactive.
Stocks--To-day's stock market was
but dull and embarrassing affair and
marked a further relapse from the
manipulated rise of the earlier part of
the week, which came into evidence
yesterday. Selling to take profits was
the order Of the day, and the bears put
out some fresh short lines. last
neither of these operations was on a
very extensive scale is sufficiently
shown by the small figure of the total
sales of the day and the greater part of
even these small dealings took place
in the forenoon, when the bull inter-
ests were still making futile efforts to
continue the advance. The efforts were
not put forth in the opening transac-
ton and the sympathetic depression
from foreign markets was allowed its
full effect The weakness there was
due to renewed fears regarding the
Chinese situation and to the mishap to
luC LII tllSh 1OlSOo AL 0OubA ALI
The effect here was purely sympathetic
and when it was seen how small the
selling for London account was, the
bulls braced their energies and at
tempted to resume control of the mar
ket. The pressure of profit taking
which met the advance when last
nights level of prices was approached
discouraged the attempt and the mar
ket was allowed to lapse into an almost
lifeless state. The sharp break in the
wheat market, which might be fairly
construed as indicating more hopeful
feeling regarding the crop. was power
less to sustain the stock market. Small
as the offerings were, they were suffi-
Gent to drive prices Sharply below last
nights level. The grangers, south
Westerns and some of the southern rail-
road stocks were most notably affected,
hut there were examples of weakness
all through the list, both of railroads
and specialties. The steel stocks be-
came notably weak late in the day on
the growing apprehension that the gem
eral -apbfehension in both curtal and
consumptive requirements for iron
and steel, whatever the ultimate basis
OF prices may be. A further advance
in the sterling exchange rate, the har-
dening of the London discount rate and
the continued drain on the gold reserves
OF the Bank of England led to the opin-
ion among International exchange
houses that further shipments of gold
from New York to Paris are likely to
be made next week. At the same time
to-day's reduction in the discount
rates of the imperial bank of Ger
many and further relaxation on the
private discount rate in Berlin, makes
it probable that Berlin has been fur
Their reducing its loan obligations To
New York. A liquidation of foreign
borrowing, accompanied by an export
movement in gold, would preser. an
astonishing state of affairs. Estimates
or to-morrow's bank statement are
rather tentative in view of the discrep-
ancy last week between the prelimin-
airy indications and the actual results.
The banks seem to have gained over a
million dollars from the sub-treasury
curing the week and the movement of
currency from the interior, though con-
ssderably reduced. is still in their
favor. Call loans fell 1 per cent. this
afternoon and the probability is in
favor of an increase in surplus re-
serves. Theb6n market continued
dull and the changes were mixed. To-
tai sales par value s1,5S5 900. United
States bonds were unchanged in bid
quotations.
DO preferred ACKNOWLEDGEMENTS coll
Baltimore and Ohio . 74if
Canadian Pacific ............. Ssst
Canada Southern a .
Chesapeake and Ohio - e-ik
Chicago Great Western II :
Chicago, Burlington and Quincy biz
Chicago and Eastern Illinois. Ok
Chicago and Northwestern ,15S
Delaware and Hudson ,1f1lk
DelaW4e, Lackawanna and Western lie