Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-07-10
Government bonds irregular.
State bonds inactive.
Railroad bonds irregular.

Stocks-Not much impression was
produced on the stock market to-day
by events and the professional contin-
gent, which conducted practically all
the transactions, fell again to very
small proportions. The larger volume
of dealings and the more important
operators which characterized last
weeks market were not in evidence to-
day The failure Of last weeks attempt
to attract outside interest in the mar
ket by bidding up prices seems to have
been a satisfactory demonstration to
that element tlNe1 the period is not ripe
for active speculation. Nevertheless
the price movements of the day were
quite wide, owing to the small floating
supply of stock. The undertone of the
market, too, was Enthusiastically firm.
Even the sharp break in Brooklyn
Transit, which stock led the market in
point of activity, had very slight effect
on the general list, although a few
large gains in special stocks were
yielded in sympathy with it. Brooklyn
Transit at the low point, was 59s below
the high point. The stocks showed
very feeble resistance to the decline and
no recuperative power, the bears ap-
parently ruling the course of the stock
as they chose. There was no news to
explain the decline, but rumors were
prevalent of poor showing of earn
lngs to be made in the forthcoming re-
port. The other local traction stocks
were also under pressure, Metropolitan
selling at one time points under Sat-
urday but rallying 3. Illinois Central
rose at one time 334, and the dealings
in the stock were quite large. Unofficial
reports that the stock is to go on a 6
per cent. basis were responsible for the
rise. Louisville showed good recovery
on the authorized announcement that
to-morrow's dividend declaration is to
be on per cent. yearly basis. The
grain carrying roads were we'll taken
all day in anticipation of to-morrow's
monthly crop report, which is expected
to show the improved condition from
rains in the northwest B. & O.. was
q weak feature on the score of the in
significant increase in gross earnings
reported for June The steel stocks
were inclined to heaviness, Tennessee
Coal losing 2 points. The movement
in the group was supposed to be con-
nected with the attempts to reach an
agreement regarding prices. The large
decrease inereserves shown by Satur-
dayisIfbankn statement remained uneX-
planned to-day, but the continued ease
of the money market left no room for
Immediate apprehension on that score.
1t is the remote periods regarding
which doubts are felt, and lenders hold
out for full rates for time loans going
over for the longer period, though the
supply of funds for short periods is
abundant The doubtful factors in the
future are the absorption of the reve-
nue. surplus by the treasury, the posi-
BILE foreign needs of men growing out
of the future developments in China
and the working out of the extension of
the credits and Germany and Russia.
The bond market to-day was dull and
changes were mostly small and irregu-
lar Total sales par value S650,000
United States new As declined II and
old As advanced Is per cent. in the bid
price,