Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-03-12

oregon Short Lin IS ibid
Reading general 4s .....-........ 94h
Rio Grande Western lists. Il.
St. L. and Iron Mt. consol 5s..........u7H
st. L. and S. f. general 6s...-......-lSe3s
st. p, Chi. and Pac. lists (bid).....-.-.nS
DO rs ......... ......... ...s.......-.l1aH
Southern Pacific 1914
Southern Railway 5s ................-ll61s
Standard Rope and Twine 6s............6
Texas and Pacific 1sts................ld9
do ends bid. 70
Union Pacific 4s-... .lV61s
WABASH lists tb1d)
10 1les ....... HI
West Shore is 49,.
Wisconsin Central lists "-.-.....s... g.
Virginia Centuries (b1d)...........-.... j0's
NEW YORK, March 11.-To-day's
stock market was a dull one, in spite
of the large transactions and wide price
movements in some individual stocks.
The inertia of the general market in
spite OF these points of activity gave
the whole a very stpotty appearance.
Professional operations were obviously
responsible in a large degree for such
dealings as occurred and for the man
ipulation which exaggerated the price
movement. Where professional manip-
ulation was not at work the days
movement will be seen to have been
very sluggish and not a few small
losses are scored even among stocks
which are usually prominent in the
market. The interruption of telegraph
ic communications on account of the
storm curtailed activity to some ex-
tent. Of the days special movements
that in Burlington attracted most at
tention. st. Paul sold ex-rights this
morning, the rights being quoted at
Az to Az, reducing the price to $50
or under. This gave the supporters of
Burlington an opportunity to lift that
stock over st. Paul to 151A, a rise
over Saturday of 2ss. The movement
seemed to be based purely on the con-
~sideration that Burlington has had it's
rights to subscribe to new stock, while
the dividend rate is already six per
cent with a six per cent rate for st.
Paul still to be established. There was
no news regarding the stock beyond
the old rumogs of %refunding. The coal
carrying roads were strong with a
few exceptions where an advance has
already been made. Both the anthra-
cite and the bituminous coal group
shared in the movement. Spectators
profess confidence that the labor ques-
tions will be satisfactorily adjusted.
The gain reached 81 in Lackawanna
and 3 in Delaware & Hudson. There
was a movement among the Gould
southwesterns led by. Missouri Pacific,
with an advance of 3 points. The
Wabash securities were all in large
demand also. The only explanation
which traders found for the movement
was the belief in an early internation-
al payment on the debenture "B'
bonds. There was an early decline of
over a point in Sugar on account of
the cut in the price of refined sugar.
The stock rallied to well over Saturday
but closed the day unchanged. Great
Northern preferred was marked up 6
points in connection with the presence
in this city of the president and rumors
that a melon is to be cut. Amalga-
mated Copper was strong. There were
gains of from 2 to 31a in Chicago &
Alton, Ann Arbor preferred, Fort
Worth and Rio Grande and American
Ice preferred. The dismissal of the
injunction against the absorption of
the ~Guggenheim interests by the Amer
lean Smelling Company caused a rise
in those stocks of ga for the common
anu q IOI IHe pfeloTfeu. Inc T6allZ1NS
movement in the last hour cut down
all these advances to some extent and
in the active stocks reactions ran
from Il to 2 points with the closing
easy. There was no disturbance in the
money market, but the weak showing
made by the banks in Saturdays state
ments and some large dividend require
ments to be met this week, causes an
apprehension that there will be some
calling eff loans before the end of the
week. Some discussion was heard on
the state of affairs developed in Man.
churia, but more by reason of it's in
f1uence in foreign markets than for any
direct effect produced here.
There was a very large absorption
of bonds, especially of the low-grade
and semi-speculative issues with con-
tingent interest payment. Total sales
par value s5,S55, 900.
U. S. refunding Is advanced "a and
the new as declined Is per cent on the
last call.
O,1ot,f;onc nfocod la,