The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-10-24
ny Telegraph.
UrW WORK.

NEW YORK, October 23. 1889:
The feature Of the stock market to-day was t:lc
strength and activity In Vsndcrbsits. From !ne
opening the demand was brisk and late In the day
the buying was on an enor Gus scale. shares IN
the rnal dealings were buovant and round lois
ranged from 2ES sS. the latter michigan Central,
which rose saS. TO esA New York central and
Canada Pacific sold up q. each, to l64 and o2h
rise In Michigan Central was due principally ~
the shorts, VINO. becoming frightened at r'c
scarcity OF stock. sought 10 cover, and
in Michigan Central naturally stimulated the
demand for other Vanderbilis, thus accounting
for the Improvement In Lake Shore. New York
ket ooe1ed irregular, but advanced. Oregon Trans
continetal sold mp II; to AVA northern paeihc
Western Union II. to 76s: rrie 1, TO 90; ST.
Paul u, 10 a6A Central Pacific II; to GA Louis
vile and Nashville Ia. 20 49,; Missouri Pacific
l. to 92x; other active stocks XJ1s. Areaction OF
IA, In the general market. aud In Oregon Trans
continetal took place near noon. After this time
speculation was irregular but firm until near Y.
NJ. when The buying OF Vaderbilts led to purchases
OF other stocks,and general improvement OF =
G2k comparedwith The lowest of the day took
place. In the last fifteen minutes OF business
nearly every s'ocs sold ~ the highest point. Ca
madam Pacific rose 20 52i, Chicago, Burlington
aud Quincy TO 1868, Northwestern 70 l2la
Northwestern PREFERRED g l4uJ -. PAU :, 70 99ss
Louisville and Nashville TO 4SIf. Missouri Pacific
10 93;f. Kansas and Texas 10 22ss. Jersey Cen'ra
| u otI, Erie 10 ~, Northern I1clnc 10 ESs
Northern Pacific preferred 20 63'I, Reqding &c
| 3 *. AFnhattan to O6.. Omaha preferred TO 9o4
| Texas Pacific 10 2lle, Union Pacific 10 90
Wabash to 10y, Wabash preferred to 80, Western
| Union to 76t. II Is reported on good authority
that the squeeze In Jersey Central and The Willard
| shares Is by no means at an end. Oregon Trans
continental. especially t. ID ely 10 be sharply adj
yanced whenever the shorts" attempt TO cover
Among the shorts In stock are supposed to be the
prominent OPERATOR recently on the hear .lGcs
who have not yet heen able 10 cover up their lines
| IL is also stated that Chicago. Burlington and
| Quincy and ST. Paul. Minneapolis and Manitoba
are i'm the same position IS Michigan Central, and
that the rise I'm shares this afternoon Is the fOrcrn-
ner of n sharp twist Tomorrow. Commission houses
| report more outside buying to-day. London, also
has taken some round amounts OF various stocks
! Compared with last night. Nanderbiis closed
| 1A@Ss higher. and the general market h12l. IN
spccialt,es Alton and Terre lIaute rose 10, To 40
American Cable Q, 20 CO: c.. G.. G. and |. z, tt
81: Chicago. It. Louis aud Pacific preferred 2. e
| So; Memphisan Charleston Ia. TO AN; Milwau
kee. Lake Shore and Western preferred 3, 10 32b
Oregon improvement ~. To 736: Pullman Palace
= to 1876; Peoria, Decatur and Evansville. e
| TAX. Richmond and West Point Terminal de
clined to 81. Transactions, 100000 shares.
BALTIMORE.
BALTIMORE, October 23-Virglnia 6's, new
l0-40s, 80: new SIS, 81. Bid to-day.