The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-10-19
Ey Telegraph.
NEW YORK.

NEW YORK. October IS, 1883.
The sensation of the day i'm stock circles was he
sguceze IN jersey Central. Tie stock market
oIened ~ - regular, rose to $50. reacted % S4i
~ So. - high as 90 per cent was paid Tor the
use of stock until tomorrow, With most transact
tons al 2M3. Inc bears pracucally cOlncfcd
themselves. within the pat week The stock COM
manded almost any rate tenders desired 10 ask
Yesterday larger owners called ihclr stock. but
were cCmpt He'd 10 10 IN open market with the 70
suit above noted. The market was lower. but The
strength Of Jersey Central had a favorable lnilu
ence on the list, and an advance OF 4m2 took
placc-thc latter oregon irdnscontlneniIl, which
sold up TO 31'.. Tie bears then offered
stocks freely, and the imp oyomcnt WAS not
only lost. bat many shares were sold be
low Yesterdays clodng. Nclr midday the tenn
Der OF speculation turner for The better, large
amounts OF stock hclug taken for both long aud
short accounts. London WIS also q buyer. This
resulted I'm al advance Of to ,, tie latter Oregon
Navigation. which sid mp 10 lu7. Northern Fa.
ciEc rose 20. o. 2Gt: preferred Il. TO- 62s; ore
gOn Improvement ). To 40: Lake shore 3, 10 % n:
vile and Nashville "a. 20 ~; Northwest ~. To-
lis. Missouri Gdr.1r -. 10 81; Omaha %. 30
32A;preferred 2 to 94s Central Pacific .. 10 63..
Heading =. 10 81; l.atA4"anna , 10 III: West
ern Union Il. 10 ~ kan-as and Texas :. 10
~: Texas Pscilc L.. 10 9lb; New York Cen
trail IS. To ia: Union Pacific q. L. S1s: Wa
bash preferred Is. to 81; Denver 9. 10 2jls: Cn-
madam Pacific ~. 20 81; Michigan Central 5. 10
70: Wabash ~. 10 10; Manitoba u. TO lt6a;
Canada Southern :. TO 40; Erie |. 10 2Si.. There
were reactions ut Intervals OF Am ll' but the mar
kei finally left of stroug ut or near the highest
figures. The snCcc. oil TIC movement IN Jersey
Central, Il is reported. has induced some large
holders Of other stocks To combine for similar
purposes. and the belief obtains that some stocks
will shortly DE singled ont and moved up sharply
10 force the bears 20 cover. some Of The latter
have cmplnycd Vanderbilt and Gould brokers 10
sell stocks. with a view OF creating an impression
thar those operator, are unloading. This fact was
brought to lght this afternoon and had its indu-
sncc i'm stimulating a rally near tic close.
IL was reported that an additional amount Of
100000 gold has been shipped from the other
side Compared with last nights closing. prices
are IM4 higher-the latter oregon Navigation.
Manitoba, however. IS IL lower at 1854. IN spe-
cialtes oregon Improvement dropped to CG, raj
FED 20 40. American cable sold down IL 10
G0E: c. &. c. and I. to 55is; Manhattan Beech
p, to 12N; Il. Louis and san tranclsco
preferred .. 10 43: t. Louis and san Francisco
first preferred l. to 81 Boston Air-Llue pc
fcrrca 3. 20 79i : East Tennessee rose l. 10 81;
prcfsrrel ~ 20 II; Illinui, Central leased lines
Z, TO 80: memphis aud Charleston /, 70 40S;
Colorado coal q. to I7.-; Northern Paciac pre-
ferred lent at .; Reading, New York Central.
Northern Pacific. Common and Union Pacific l-bf
FOR use. Transactions JJ3,OOO sh;ueS.
BALTIMORE.
BALTIMORE, October 1s.-Virginla G's, second
setics. 3d.; plst-due coupons. Al new lC-fO's,
33 Virginia new IS, 81. BID to-day