Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-10-03

Bar silver, 63sc.
Mexican dollars, sec.
u. s. refunding Is (when issuo') veg .loi
sU. S. IS registered ., o9Sa,
TO coupons .ios%4
U. s. new As registered
10 coupons
II. S. old As registered. ..... ...........l4A
Do coupons ............. .-......jll4a4
u. 9. 5s registered ...... ...:.ll5}l
Do coupons ............ 49,. .l1o..
Government bonds steady
State bonds inactive.
Railroad bonds strong.
Stocks-The professional movement
to advance prices, which was the con-
spicuous feature of yesterdays stock
market, was not in evidence to-day.
The promoters of the movement de-
sisted from buying stocks on a large
scale. and during the latter part of
the day they refrained altogether from
supporting the market. There was no
formidable selling pressure at any
time during the day, and the decline at
the last was on very slight dealings,
but the market proved so soft that
at the close a number of prominent
stocks showed net losses of from 1 to
IL, with the tone decidedly heavy.
Union Pacific itself, which was made
the center in yesterdays movement
for the advance, is a point lower on
the day on much lessened volume OF
dealings. The stock nevertheless re-
tanned its prominent place in the deal
lngs. The extreme dullness of the
whole market at the decline seemed
10 favor tn bull party, so that their
cult of explanation. The factors upon
which they relied yesterday to help
the advance continued in force for the
most part to-day. Possibly the I'M
favorable aspect of the proposed coal
strike settlement had assumed a rather
more positive phase to-day, and
Lackawanna and New Jersey Central
scored sharp declines, though the num-
Der of shares transferred was so small
Is to deprive the changes of all sig
nifcance. The only incident of the
day which resembled aggressive action
by the bulls was the marking up of
railroads controlled by the Wander
bilts or affiliated interests. New York
Confra1 {la a ,oun1op5 ~ ~ ord ChS-
cage stocks, Canaoa Southern, the
New York, Chicago and st. Louis
stocks, The Chicago, Indianapolis and
Louisville stocks were all up from /
TO 4 points, without any discernible
influence on the general list.
The rate for call money held at yes
terday's high rate and perhaps disap-
pointed some expectation that the rate
was due to passing causes, including
payments due amounting to over &c.
000, 900 on subscriptions to new Balti-
more & Ohio stocks, which was under
written at so. The payment of govern
ment interest at the sub-treasury
brought some supply of money to the
market. Sterling exchange also on
tinued its conspicuous downward
course and the posted rates were re-
luced another 1ac following yesterdays
hc reduction. The equanimity of the
foreign money markets in face of
threatening approach of exchange to
the gold import point finds no adequate
explanation, but foreign bankers ad-
here to the view that gold will not
come in, in spite of to-day's further de-
cline in discounts both in London and
Berlin. They argue that the demand
for remittance on account of subscrip-
lions to the British and German loan
will steady the exchange rate this side
of the gold import point. Some reac-
tionary tendency Is natural in the Ber-
lin market after the severe strain of
last weeks stock market settlement,
which is reflected in some ~conyulsive
changes in the various items of the
imperial bank of Germany statement.
There has been for the week a loss of
cash in hand by this institution of $685.
100000, and an expansion Of loans of
4 7,245, 900, while the note issue of the
bank has been increased no less than
So, 1861, 900. All these items are highly
significant of the enormous demands
made upon the OF The Ber-
lin money market and the proportions