Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-09-11
Government bonds strong.
State bonds firm.
Railroad bonds irregular.

Stocks-The stock market maintain
ed it's waiting attitude to-day. The m
disposition to make any market COM
mitments was emphasized by the new
uncertainties in the outlook, partlcu-
!arly the postponement, but not the
abandonment of the anthracite miners
strike, and the very meagre news re-
ceived UP to the time the market closed
Of the extent of the disaster in the
Texas hurricane. The wild excitement
In the cotton market diverted specula-
tive interest from stocks and caused
some disquiet, both by reason of the
possible misfortunes which might at
tend such unbridled speculation and
the demands (which would be made on
The money market in order to carry
The speculation The Texas storm
caused some positive depression in the
early dealings, but support was offered
in the important stocks affected and
they rallied The Kansas City South
ern stocks We're raided sharply and
lost 2 and 211a respectively for the COM
mon and preferred, but it was evident
that this was a bear drive induced by
the recent liquidation evident in the
stocks, and they recovered all but half
of the loss The anthracite cOalers were
fayorably affeced by the postponement
OF the strike, and Reading first pre-
ferred and New Jersey rose respective
ly ! and Q points on small dealings.
Professional operators are stepped in
the conviction that an active specula-
tion is waiting only on the decision of
the pending electoral contest, and they
covered their short contracts to-day
in the fear that the Maine election
might awaken the market into activity
at their expense. The resulting move
ment of prices was generally very
small and ragged. The industrial
speciaHies which have been under re-
cent pressure, notably Sugar, Peoples
Gas and Brooklyn Transit, recovered.
The only ether movements of import
ance were in stocks seldom dealt in.
Wisconsin Central preferred dropped
33s on a few transactions, without any
other explanation than the decline in
earnings. The fall Of pa in Interna-
tional Paper was attributed to reports
that a rival company is to be formed.
The furious speculation in cotton gives
point to the bank statement, and
to the ability of the money market to
meet the period of full strain upon 1t.
A further sharp decline in sterling ex--
change due to continued heavy foreign
demand for cotton, disposed of any
supposition that gold might go out to
England this week, but the sub-treas-
ury, in the absence Of the payments
on account Of gold deposited at Paci-
fc points and for refunded bond pre-
nniums, is beginning to absorb cash on
account of the revenue surplus. The
anterior exchanges continue to move
against New York. and the movement
Of currency to the interior has evident
fy commenced in force. Wall street
wants light on the question how far
The bank note expansion and the large
supplies of money in the West will
relieve the usual pressure on New York
banks for funds from the interior.
The bond market continued quiet and
irregular Total sales par value, $685.
600. U. S. refunding Is when issued adj
vanced u and new and old As and the
IS Il per cent. in the bid price.