Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-01-30
Mexican dollars 471ac
Government bonds irregular.
ute bonds inactive.
OIdI0 JULIUS lHdCtIFO'
Railroad bonds irregular.

Railroad bonds irregular.
Stocks-The New York stock market
continued to view with equanimity the
disturbance in the London market Oh
account of the misfortunes of the Brit
ish military campaign in South Africa.
In spite of a drop of a full point in
British consols in London and condi-
tions on the exchange there which ca
bles to Wall street described as panicky
the opening declines here in interna-
tional stocks did not exceed fractions,
and there was no pressure to sell, out
side that, for foreign account. The
buying by the local traders proved suf-
ficient to absorb this and to advance
prices to Saturdays closing level. The
course of the market during the rest of
the day was exceedingly sluggish and
the dealings were narrow and profess
sional. The industrial specialties con-
tinued to lead in point OF activity. The
speculation in Sugar showed some
strength, the stock raising an extreme
two points on demand from the shorts
who covered on the announcement of
a further advance in the price of re-
fined sugar. Part Of the gain was lost.
There was continued movement in the
local traction group, but its compass
was small on account of the paucity of
news developments. The session Of
the directors of the American Steel &
Wire Company seemed to be the
ground for the strength in the COM
pany's stocks, though no authentic
news was received regarding divided
action before the close. Other metal
stocks were firm in sympathy.
Glucose sugar made a show Of
strength on the judicial decision
against the constitutionality OF the IL
linois antitrust law. A drop of two
points in Denver & Rio Grande prefer
red was unexplained by any news of
the day. With the exception of these
special movements the market contin-
ued near the level of ~stagnation. Sew
eral incidents of the day point to the
financial outlook as the true ground
of hesitation in the speculative world.
Spectators do not forget that it was
the Industrial and commercial activi-
ty OF the country which ~encroached on
the funds they had embarked in specu-
lation in December, and they are
watching for the future rate of aetiv-
tty of business to define itself before
awaiting themselves Of the present ease
Of money, which, it is feared, may
prove ephemerma' and illusory. Offer
ings of mercantile paper at present are
light, but this is explained as being
due to the employment by large mer-
camille houses Of the years profits as
working capital. The sharp upward
course of sterling exchange to-day
gives point to the apprehension that
gold will again go out to help supply
English need for war expenditures. An
official of the imperial bank of Ger
AiS~h 4uNSOu SO-doy dtllLDulSS IuS
ease in the German market to an arti-
fetal manoeuvre made to prepare the
market for municipal loans and the
same authority asserts that Russia is
to raise a loan. The future contingen-
cies in the money market thus fore
Swallowed may help to explain the per-
sistent indifference Of spectators to
the present abundance of funds.
The bond market lapsed into dull
ness to-day and prices changes were
mixed. Total sales par value 1880. 900
United States new As and old 4c
coupon advanced Ac and the IS de-
cllned Ac in the bid price.
Quotations closed bid:
- ,.-t...,... ...... 1881
DO. preferred en-
Baltimore and Ohio ... sgk
Canada Southern oaz