Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-11-27
Mean temperature. ............4S
NEW Work STOCK MARKET.

We" tORfN - OC'N
New YORK, November 26.-The stock
market to-day was less active than that
OF yesterday, but as no one expected any
activity at all, the little that was shown
during the latter portion Of the day was
somewhat of surprise, as was also UNI
doubtedly tho strength displayed IN all
parts OF the list as the general impress
sion has been that decl ming tendency
would prevail The bulls, however,
were calculating upon Gould's return
from Boston TO inaugurate a fresh
upward movement. There was no need
of waiting for that however, as the
events OF the day sufficiently proved, and
while depression again marked the early
dealings, the final gains are large in
some cases, and in few stocks there Is
no decline whatever.
THE EARLY RAID.
The dulncss and heaviness OF the
opening were in part due TO a continu-
ance of the reaction OF yesterday and IN
part to the selling of foreigners on dis
quoting news om South America, but
the London market showed no weakness
for American stocks even after they had
been forced down here by the raid OF the
first half hour, aud the foreigners sud
denly changed front, becoming liberal
buyers where they had been sellers IN
the early trading. The raid was accom-
panied by reports that there was n fatal
disagreement among the sugar trustees
and that some OF the assets were una
valuable, and the bears paid particular
attention to sugar forcing it off from 81
10 4S. Pacific Mail yielded II, Northern
Pacific preferred per cent, and other
leading stocks fractional amounts.
GENERAL TURN UPWARD.
At the concessions, however, buying
orders appeared in the market, the
course Of prices was soon changed, and
the early losses in the general list were
quickly made up, with fractions in add
ton. Union Pacific. st. Paul, and Rock
Island led in this movement throughout
and from tho lowest points advances OF
from to 4 per cent we're scored. Tho
improvement IN the whole list, however,
received great impetus in the last hour
by the announcement that Judge Gull
len. in Brooklyn, had issned al injunc-
ton granting stay of proceedings nm
der the late judgment until the hearing
TO be held next Saturday. Upon this
sugar, which had recovered portion OF
its loss, made sudden Jump to )6-s
gain OF points from It's lowest point
and checked the declining tendency
which had appeared in the market upon
free realizations.
THE CLOSE ACTIVE AND STRONG,
Lackawanna led in this reaction and
lost about ] per cent, but in the final
dealings everything jumped, and the
last prices are generally at or near the
best Of the day. the close being active
and strong at the improvement. Com
mission brokers are compelled to re-
strict the trading OF their customers on
account of the scarcity Of time-money,
there being none yet offered by any OF
the New York institutions. Final changes
for the day arc almost all in the direction
OF higher figures, and among the most
important gains sugar is up 81 Rock
Island, 81 Jersey Central, 2i; Union
Pacific, 2t st. Paul, 2s; Louisville
and Nashville, Has ; Burlington, II
Missouri Pacific, 1t /; Southern Pacific,
II, and Northwestern | per cent. Sales,
listed, 245, 900 shares +; unlisted, $1,000.
CLEANING TIE RESERVATION.
OMAHA, NEE, November ga spe-
cial to the Bee from Pine Ridge says an
order was issued this morning post
poning the beef issue until tomorrow
and ordering all strangers except news
paper correspondents off the reservation.
There are about 5000 Indians swarming
in and about the agency. One hundred
more Indian scouts arc being sworn IN
and armed for service.
MONEY AND EXCHANGE.
Evening. -Exchange quiet and steady
at 4S2Ia4S9t. Money easy at 3a5. Sub
Treasury balances-Coin, SlH, 295, 900 ;
currency, %, 500, 600. Governments dull
but firm; per cents., l2l ; 4l's, lO4.
State bonds neglected.