Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-10-06
Silver certificates 64% @65Ac.
Bar silver 643sc.
Mexican dollars 50&sc.
Government bonds steady.
State bonds inactive.
Railroad bonds inactive.

state DOuuS lHdCllFc'
Railroad bonds inactive.
Stocks-The stock market continued
to show the effects of professional oper-
ations for the advance to-day. New
points of strength developed under the
shifting operations of the bull party,
and the sustaining influence thus at
forded was taken advantage of to real
lie in stocks, which have already had
their advance. Distinction was thus
made even in stocks OF the same group,
as, for instance, in the steel and iron
group, where National Steel and Tin
Plate, which have had their notable adj
vance, hung back while other members
Of the group were pushed forward.
Even Tennessee Coal and Iron, after an
opening jump OF 2 points under the
stimulus of the surprised short cover
ing, dragged behind the others. 1t was
pulled up in sympathy with the general
rise, but closed with a small net loss.
The buying of steel and wire was the
most conspicuous and lifted the stock
at one time ~. Directors of the COM
pany were quoted as expressing the be-
lief that persons who sold out last
spring when the radical cut was made
Ia prices of the product are trying to
BUY back their stock. A number of
he steel stocks saved a net gain OF
over a point. In the railroad list there
Vas the same disposition manifest to
take up new stocks for the advance,
and those were selected for which the
borrowing demand indicates that there
has been a large short interest. Balti-
mora e. ohio Nnrfhnrn DoaiGo Mjcoprri
Pacific and Burlington are in this class.
There was conspicuous buying of Penn
sylyania, and umor were revived,
such as were heard when the vast pro-
portions of the years earnings were
irst understood, of an increase in the
dividend rate.
GOSSIP on the stock exchange attrib-
uted the buying to the same interests
which were active in the previous
movement. Some strength was shown
by Sugar, Peoples Gas and Brooklyn
Transit, in all of which dealings were
large, but the tone was feverish and
irregular. The market closed rather
heavy and at substantial reaction from
the best. The preliminary estimates
OF the weekly cash changed were rather
disappointing OF those who have figured
on heavy frosts TO the forces towards
depletion OF the money supply. The
sub-treasury operations for the week
have taken from banks 81 ,623 900, SO
that the payment of government inter-
est and bond premiums and redemp-
tons n the payment Of drafts on
gold at Pacific points have been Off
set by that excess On account of regu-
lar government collections and deposits
for transfer by telegraph to points in
the interior. The last named item is
considerably in excess of that of last
week, and, coupled with the banks
shipments by express, show the cur
Iency movement to the interior to be
well maintained. The net loss to the
banks in cash is expected to be nearly
$4,000 600. The large payment of gold
by the sub-treasury on last Friday is
expected to figure partly in his weeks
statement, under the system of compu-
tation by daily averages. But even
with this allowance it Will be seen that
in the road upon the surplus promises
TO be about as large as last week. un-
less reserve requirements have been
further reduced by loan contraction, of
which there has been no evidence. To-
days money market continued firm and
sterling exchange reacted while dis
counts were easier in London.
The bond market continues irregular
on a small volume of dealings. Total
sales par value 81, 130, 900.
United States bonds unchanged on
the last call.