The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-04-17
IN
STOCK NARKET

SDU YORK. April 18.-Wal street
seerred to arrive At 4 more complete re-
aiisation Of the war situation souay.
sion contributing largely 20 that emu.
AThe presidents latest appeal to the ma
dion advising unity and economy. 1nr-
1 Their consideration Of war tax prootenla
and an extension by the British GOV
eminent OF lis control over shipping.
With Indications of similar measures oS
tho home government were Responsible
for a resumption Gf last weeks iiquloa-
ton and an lncrsass Of short selling.
shippinss as g. group were more Sc
rlously affected than any ether issue.
Marine preferred ropptng e% p"!ntS on
steady offerings to IIT.
Munitions and equipments yielded :
10 . points U. S. Steel making a deStlnS
OF Il to 1loS. with Az rcr BethlSncui
Steel. new stock Coppersi, .sS', war p
down / to J points. and utilities supple
mcnted last weeks rHverSaiS
Trading in rails was relatively small
but lnvestneu1 as we'll as the 10" pslS,
ed issues followed the Eenerai lIsa.u
at extreme recessions,, ;" escb 5G rsljies
but nnal prices almost without e1csp-
tton yrers nj lowest levels. Total sales
amounted TO $4,000 shares
General news touching upon hnane!ai
conditions were faroraote IN tne go. ~
time money HiduilS - - 49,
last Saturday large cash loss .! tne
local banks. Adrices from me We
reported satisfactory business n W.
tual lines of trade. With a 70 ~ Pc.
cent tonnage increase by ths sa'''p waro
nesligfble. with only nominal changes
In ra{es 10 continental points.
Railroad bonds manifested greater
\ trrcgularity bordering upon Wea~leIs
I'm speculative issues. bat mter"a.,o' nc
Hais
tai sales tpsr rslue> aggregated s''' w.
VIZ 1. 3, and Panama bonds were one
BALI to q. per cent lower on CALI
Logan & sryan's Closing stock Iettsr
IES nrtyata wire TO \. +. MaSten " CO..
NEW YORK, April l6.-The market
was lower, all around. Tho tax meas
ures advocated by the adminIstra.i'TI,,
we're freely discussed. It Is FHneralty
realized that tho levy TO begin with VIII
bs rather severe and that us time wears
on net corporate earnings viii De severe
l. drawn upon. unless the tcnoe0c! o.
comes more pronounced taan se preS es
10 finance q EoodlS por'ton " Gs IN
lures by means of long term hohus' IN
stead of causing the present generation
20 bear the brunt OF the 'eAtraoruiraFS
demands. The details OF the non'i isSus
will doubtless hr decided upon IN tHe
near future. and then the question ~ 10
ms nrobahl, effect of same upon money
rates will hay" to b" Srnppled WIN Tue
action Of tn" EritiSh government III re-
QUESTIONING ail 81 the British st4Ps now
being 90. rated by tho lnt"rHati"nai
Marine Co ~ tonnage. rates cnnStoeranIE
below current. induced heavy Nuuidation
in ths shares ii tiIat company. whl'n
.Ners..,i :, ,ionrr> $iuE influence M IN: re-
,naindsr "f III: list; Thu situation IS
Very. cnl.yl.N ,gi'A ar;:, = definite Rulu"
is nhtai,.hl,. iui..r:": l;qu!dattou ~
stocks, particularly ;nduStrialS Wl!1
lrnhlhtv tn! - rrrm"t" !rr"SuiarntE.
,':;..ihl.> declared: :: per cant extra III
,.jt.:;t az r""trrr"! na!ahl" June g
stock 1T record. May ~. 'hiS !eareS l.
per cen: b"c,l Dividends d"c.
LOGAN s. sESAN's GRAIN 1TTTEF
,NftIrN';'.. .trr,i - --''n$'. premiums
crntii;uo ~ : i"2iju@ t""tr" in support
nc ID" Ma. .I"iIvsfH. ':"'crIiiu"nt al
,.r;iSir.. ~ w".'.! ,<''""ts ~. "''.. = SiE-
;nS snr.,,:rj .,.,:;' "a ,ns:h';. Mary
svnr-ici,,.r.' ;G..i.:>' ',:'' u: ~" opinion
tha: III. price. i..- ,!,~,r,Irt..d ii" SitGa-
. zion and y, - -, - :ha5 bile.
MONEY
NEW . VrEN. NHr'I -: N"r''."'i'"
,,a,..r -: <t.r''l2. 4" .i.:% hi!%. 49,
,o:.int.r,,ja: - ,!ay Bills ~: banks. go:
cuInmrrci:,f - Nv" ..;t,>. i.,iF,: d""aai,
+752 ,..,'i.S: i...i.- Frames. .d";:'hnd.
81: ,.au'..S. 80. ';.iij"s:'. d,ri::ni.