Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-09-28
The wEArHER IN RICHMOND YESTERDAY was
lear.
NEW YORK STOCK MARKET.

NEW YoRE. September 27.--The stock market
WAS moro active to-day aud displayed more
character Than 10 many months. aud dealings
we're attended by much excite ment The maj
result Of the days operations. however. a. Tar
the regular list Is concerned are generally
only fractional. The feeling this morning was
very hopeful. and the market displayed a de-
cidcd broadening tendency tho number OF
stocks traded ia during tho lirst hours business
being much larger than az any time this year,
while the volume Of business wason CORE
spending scale. Local bull leaders werc more
active. ard The increase Of the number OF or
dsrs executed for outsiders was very market.
Missouri Pacific WAS a leader In early trading,
and II was soon followed by Lackawanna, Clu-
cinuati Chicago, Columbus and ~. Louis. and
some others. while Manhattan continued IT,
upward march on favorable circumstance.
MON Pacific also displayed unusual strength
on light dealings. aud Michigan central
Joined the procession later. sugar
trusts were stiil weak aud made male.
rial decline In the forenoon. which extended
10 about per cont, but 70 seemed 30 have huie
or no effect upOn the regular list, "a no reason
could De assigned tor the drop. and the rest OF
tho market was sfe,tually divorced from its
movements. Atchison Was unfavOrably Affected
b. ugly rumors. 10 being stated that The nnanciai
plan FOR rehabilitation Of the company woull
prove failure. and " drOpped over per cent.
The sugar trusts, which had given signs OF In
side support, went down again and lie extreme
loss was - per cent The movement created
great uneasiness AMI the pressure 10 sell eA-
tended so all portions OF the lisi, and before de-
livery hour oil tho advances of The forenoon were
wiped out and In most cases fractional losses ln
addition we're sustained. All the notably strong
stocks 81 the forenoon. such ~ the Jersey Cen
trail, Manhattan. Missouri Pacific, Lackawanua,
and Delaware and Hudson dropped rapidly.
while the others kept pacc, and Ia every
case the opening figures were passed on tho
downward movement The selling craze came
10 halt toward delivery hour and REACTION
began which made some progress, nOtwith-
standing the fact that money ON call was bid up
10 10 per cent. The activity disappeared. how
ever. and movements became limited % small
fractions generally. though IN the case Of Menl-
toba tho most pronounced strength was deyel-
0ped. and b. rose * per cent Manhattan, der
sey Central. AMI Delaware and Hudson rallied
sharply. ana sugar rosc from 3 % % and NJ
Gibson from 8ii, 90 81 The Improvement In
most Of rhe list was slight. however. and the
tone Of the market AZ the close was settled and
rather heavy Fina, changes are quite irregu-
lar while declines are rather more numerous.
but generally confined 10 small fractions. Su-
gar. however. IL down g., and Cotton OF anu
oregon short Line / zach, aud AtchisOn 3 I'M
pOriant advances include Manitoba and Man
haitian each g. and Jersey Central ana Lake
Erie and Western preferred each per cent
Total sales 291 mn shares.
6rsniuJ Exchange quiet and firm AZ iAHa
49, Money ii M "a 40 closing offered az T.
b-Trensury Oalances-GOld. elSi,hN,Ho: cur
roncy. 3 t.i8S0V. Governments dun and heavy
for 4s: I por ceuta. II. eX. int; "a coupons,
lOj b cy. int stale bonds neglected.