Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-08-02
DICK BROS. & co

place but the market closed dull and
hesitating.
DICK. BROS. & CO
NEW YORK, August 1, 345 p M
The early session was a counterpart TO
the market yesterday afternoon. Every
thing for an hour or two was buoyant,
so to speak. compared with the size
OF the market. Steel stocks advanced
two points, the railroad list was strong
specialties advanced easily and a no
table bull movement took place in the
coal stocks. Thereafter. however. the
market again assumed the characters
sties which it had displayed for a num-
Der OF days; 1t became dull. with a
sagging tendency and the last hour the
usual decline ensued. The Steel stocks
lost all their gain and the rest of he
market fell back 10 about last night
figures. AS regards the former, tao
retrograde movement was due % 70
news from the strike conference and
as far as the railroad list is concerned,
the advance in corn and wheat was
the cause OF declining market for
these securities. The situation Is virtu-
ally in stats quo, the trading In The
hands of professionals, whose opera
tons produce the frequent changes
from weakness to strength. and vice
versa.
Earnings of railway systems remain
as favorable as hitherto. but these are
the conditions of the past rather, and
the present decline and hesitancy N
the stock market reflects doubt as to
the future, owing to the reported dam
aging to the corn crop. 1t may be
cited here. that the Missouri State crop
report, which was issued to-day, shows
a condition OF corn of q per cent. But
with all this it is too early to Obtain
an accurate knowledge of the conji-
ton of the corn crop. and we repeat
until these facts are known and tue
strike out of the way, the stock market
is likely to continue in the manner Ne
have experienced for some time past.
j. S. BACHE & co.
NEW YORK, August 1.-3:4 p. NJ
The market closed without any fresh
developments in the strike situation and
a sharp selling movement at length
started in Steel stocks and affected the
remainder of the list. Even the soft
and hard coalers sold off in the end,
the general list being heavy in the last
hour The situation does not appear to
us to warrant higher prices and rallies
will not hold so long as they are
brought about by traders operations. 1t
is said that the market is awaiting the
government crop report, which Will be
issued on the 10th inst, which il eX-
pected to furnish reliable II formation
as to me extent of the damage TO corn,
but 1t will hardly prove a gratifying
document. c. |. HUDsON q GU.
NEW YORK, August 1854 p. NJ
Although there was nothing in. the
morning newspapers to indicate that
any decision had been arrived at in re-
gard to the strike by the Amalgam3ted
Association, the impression prevailed in
the street that the strike was nearing its
termination. This together with a
higher range of prices from London re
suited in a fairly strong but dull mar
ket. The market continues to be ex-
tremely narrow and almost entirely at
the mercy of operations for professional
account. There is, however, no doubt
but that the floating supply of stocks
is comparatively small and that any IN
crease in speculative activity would
mean higher prices. At present, how
ever, the public shows no signs of taxi
ing any interest in the market. Money
was slightly easier than yesterday on
call, but time rates are unchanged. q
KELLY, MILLER & co.
New York Curb Closing.
Special to White & White.
NEW YORK, August /.