Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-04-10
Silver certificates 12W6l Zee.
,Rar silver 5Q3 r.
DdI oIIV6I UJAC Q.
Mexican dollars 47Ac,
Government bonds weak.
State bonds inactive.
Railroad bonds firm.

NEW YORK, April 9.-The stock
market made the expected response
to Saturdays unfavorable bank state
ment by general drawing in OF specu-
lative ventures. The selling pressure
was not particularly severe in the gen
eral market, but with the curtailment
of the buying demand, consequent up
on the disappointment over the show
ing, the burden of offerings was sutfi-
cient to bear down prices to lower
level The higher range of prices in
London and an opening here above
Saturdays level in sympathy did not
have the hoped for effect of dissuading
sellers. On the contrary the higher
prices seemed to invite profit-taking
and the opening gains were not long
maintained The acute depression
manifested by sugar had an additional
influence in depressing the market.
This mercurial industrial gave evidence
during the latter part of the day of
being over-sold and after having fallen
nearly points recovered more than
half of the decline. The room traders
who had sold the list on the strength
of the weakness in sugar were driven
to cover by this rally and the agrees
sive strength developed at few other
points. AS a consequence the closing
was active and firm at a level consid-
erably above the low point of the day,
but showing net declines for the ma
iority of stocks. The weakness of SUI
gar in the morning caused signs of
lively sympathy at other points in the
industrial list Peoples Gas, the To-
bacco stocks and number of the iron
and steel stocks fell away easily from
/ to 3 points. The strength manifest
ed by the New York Traction served
as an offset to this, the railroad list
maintained a condition resembling sus-
pended animation. Large inroads up
on the Pacific stocks, Pennsylvania
and the grangers, turned the tide to-
ward depression until aggressive
strength developed in Missouri Pacific.
This stock moved up to 541ac in the
late transactions on heavy buying, and
Brooklyn Transit rose buoyant to "a
&c with a stimulating effect on the
general list. Very heavy selling orders
were attributed to Chicago account,
and q sharp fall in New York exchange
at Chicago to 35 cents discount may
have been due to this cause. The
movement in the specialties was due
to individual causes. The street was
full of rumors all day regarding sugar
and having to do with the rise in the
price of raw sugars. Brooklyn Tran
sit was manipulated by pool with a
preliminary tip for an advance. Dis
appointment over the reported terms
of the Peoples Gas Ogden settlement
was the cause of weakness in Peoples
Gas. London showed disposition to
buy stocks here in spite of the stiff
ness of the London market on the TAX
ing up of another installment of the
war loan, but last weeks large increase
in loans here is generally attributed
to large borrowings for London account
to carry stocks here. Although the
stock market Weakened on the bank
showing, the money market failed to
show any effect of the decrease in re-
sources of the banks. Business in
bonds was of moderate volume and
prices were we'll held Total sales par
value $2,455 ,000 United States old As
and IS declined nc In the bid price.
do. preferred ~
baltimore and Ohfo ..................... SAM
canadian racine gI.s
Chesapeake and Ohio i................... 1855
Chicago Great Western ................ 14is