Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-09-18
Government bonds strong.
State bonds inactive.
Railroad bonds irregular.

| Stocks-The expected break in prices
of stocks failed to occur to-day. There
We're very considerable selling orders
| in the market at the opening, as never
| fails to happen after such break in
prices as that of Saturday, but the
! friends of the various stocks had placed
supporting orders in the market, and
their buying was sufficient to absorb
| the offerings. The professional traders,
who had held short on Saturday, were
not slow to detect the evidences of sup
port and they fastened to cover and
take their profits. Buying from this
source was a material factor in the re-
covery. Seeing the tendency of things,
| the bull leaders, who had TO retreat alst
| week, attempted to retrieve their lost
| ground by bidding UP prices. The pres
sure to sell at the advance stopped this
movement, however, and the market
| fell back to its recent condition of
| lethargy and downward drifting. Prices
| in practically all important stocks was
very near the Saturdays level at e
close, which was dull and easy. Among
the professional traders, who still con-
troll a large proportion of the opera
tions, an important influence was eX
erted by the bullish opinions expressed
| by James r. Keane in an interview in
| London. Mr.. Keene's views were the
more inuential inaSmuch as Saturdays
| gossip on the stock exchange here at
| tributed a selling order of $4,000
| shares Of various stocks to his ac-
| count The smaller traders who follow
ed this lead had nothing to do but cover
| their short contracts this morning. The
| relative firmness of the coal carrying
railroad stocks, even before the general
| upturn, and the positive strength de-
veloped later, served to detTact some
! what from the effect Of the shutting
down of the coal mines. UneasinesS
was less acute over the money market,
| and more account was taken of the fact
that last weeks outward movement OF
currency was abnormal, by reason of
the large relief funds transferred to
! Texas. Greater confidence was felt in
the ability of the money market to meet
| the requirements of the German loan
subscription, and more attention is paid
| to the larger view of the operation as
an indication of the growing power and
| importance of the country's financial
f, position. The export movement of mer-
| chandise continues heavy, thus con-
stantly making exchange to meet the
obligations incurred to meet the sub
scriptfons to the loan. Large floating
loans are coming due in the Berlin mar
ket to American lenders and will be
available by a bookkeeping operation
to pay installments on the loan. The
| fear is expressed in London that the
American subscribers may pay the Ger
man government by orders for gold on
London, the supply OF sterling exchange
in New York being large enough, it is
believed, to allow such an operation.
This possibility was depressing factor
in the London stock market, as Berlin
would not be expected to be so lenient
creditor as America has been, owing
to the high money rate in Berlin. From
| any standpoint, the creditor in the OPP
Grafton would exercise large control of
the situation.
The bond market continued irregular.
| Total sales par value, sS30,000.
U. s. refunding IS when issued, the
old As and 5s advanced Il and new As
II per cent. in the bid price.
Baltimore and Ohio. ...................70
Canadian Pacific ACKNOWLEDGEMENTS
Canada Southern Observation-Disclosures. IS
Chesapeake and Ohio .................2 7L
Chicago Great Western ............ 101a
Chicago, Burlington and Quincy....I23
Chicago and Eastern Illinois (offered) $751;
Chicago and Northwestern ......... l6)sa
Delaware and Hudson ..............lOS 1854.
Delaware, Laekawanna and Western. .172
rye .-..-.,. ....-.,...-...-..... 1OSA
Do first preferred -. ....... .... 80
Great Northern preferred. .15ls4
1ll,lolS Sehtrai .:.........-...-......1 53a
Lake Erie and Western. .............. 2G1.
Do. preferred ................... 92I5
Lake Shore 900
Louisville and Nashville ............. II
Manhattan L OBSERVATION-DISCLOSURES. SSH
Metropolitan Street Railway.
Missouri Pacific ................... 49a
New Jersey Central. 1907
New York Central. ..............l29
Norfolk and Western. So
10. preferred ..-.....................7 Il
Pennsylvania .......-..... .........l27
IaSdoinS '....-.-. .-.-.....--..- ......... 1o1a
Do. first preferred ............... 54Is
Do. second preferred .............. 25a.
o.. eui --.....-...- .llZ9s
DO: preferred ......................-...I7
Southern Pacific .....-.............S2
Soutneril halIWdy ...-...... .........---. lA
IL Pi lSo :..-....- .-.-.--...-..-.-. oZ5s
Texas and Pacific ........... ..... 147s
Union Pacific ................ &
DO. preferred ........-.................7 2ss
wabash ..--.-...... ............-....... 67
10 preierIeq -...:--..............-. liz
Wheeling and Lake Erie. SI5
10. preferred ..--.-....-..--............2 S1a
Express Companies.
AuanS ..--.....
Aueficdn .s....... ...... ..--->--.........l5O