Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-04-11


showed un Improvement.
Special to the Register.
NEW YORK, April 10.--There was
another very active market to-day, the
total recorded sales of stock being
1,945,700 shares. The striking feature
in industrials was the enormous trans
actions IN United States Steel, the sales
being 5000 of common and $1,000 OF
preferred. as against but $500 of Re-
public common and 100 preferred,
100 each of Hoop common and preferred
400 each of Tin common and preferred,
zoo CT Steel Wire common and no pre-
ferred, 1900 OF Federal common and
900 preferred, and so on with other
industrials. United States easily had
the call, and there was lively ABSORB
ton of offerings. Of other important
stocks there were sales of 1900 Gener-
al Electric, 1900 Southern Pacific, &c..
800 of Southern Railway common and
17,40o of preferred, II, 400 of Sugar COM
mon and $500 Manhattan.
The market opened strong, follow
ing the higher level of prices in Lon
don. Foreign houses took about 100.-
900 shares Of Americans at good prices,
indicating confidence. During the
early hours the market continued to
increase in strength. and held the adj
vance fairly well to the close. 1t was
a big day on Change.
Burlington continued the upward
movement, opening at 1858, reaching
1872. and closing at 1914 Northern
Pacific common was also strong, OPEN
ing at 9S4, going to 1915, and closing
at c3B. The conditions as to these
two stocks indicates that the pending
deal has been practically competed. 1t
is the gossip or the street that Bur
lington is bound to reach the zU0 mark.
AT 49, one buyer took block of
4,C30 shares.
st. Paul was very active near the
close, reac-4Ag 18TH. It is said that
the short incest was caught badly.
Union Pacific reached 1914, and a fur
Their rise is predicted.
Inc strength developed in South
westerns yesterday continued to-day,
and new and high level was reached,
Texas Pacific opening at 40% and
reaching 45, closing at 423s. Missouri
Kansas ana Texas common and pre-
ferred reached high water mark, COM
mon being zo7s and preferred 81 ".
The anthracite coalers We're stronger,
indicating that the probabilities Of a
strike were rather remote.
In the industials General Electric
continued its upward course, reaching
234, and closing at 23012 Trading in
the stocks OF the constituent companies
comprising the United States Steel
Corporation have practically ceased.
United States Steel showed more
strength. Common opened at 47A
reached 42%, and closed at 471s while
preferred opened at So. reached 9519,
and closed at 95 Higher prices are
predicted for common in the immediate
future
The rates for call money were stiff,
ruling at "a per cent, but there were
little indications Of shortage in the
supply.
The following advices were received
yesterday by y hite & White:
NEW YORK, April 10.-The Sun
says that George Gould and his asso-
ciates have bought the Wheeling &
Lake Erie in the interest or the Mis-
souri Pacific. the Herald says that
the terms of the 3. Q. deal hare bean
settled and only await the approval OF
j. p Morgan upon his arrival in eng
land. MANSON
NEW YORK, April 10-Fhey say
some of the big traders have been
caught short Of ST. Paul.
MANSON.
Landell says 10 buy onion Pacific
for good rise. We hear the new steel
stocks will be put up. Morgan arrives
IN London this afternoon
DICK BROS.
rhe story is that Burlington will get