Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-02-20

NRw YORK, February la-Tbe stock market
to-day was again active and weak. the bears
making the most determined drive which they
have done for a long time. and tue enors was
crowned with marked success The decline Ia
Rock Island still remains unexplained. ana
although the friends OF the company assert tnst
the annual report will show surplus over 1iNl-
dends. there Is an impression on the street tnas
some one 70 selling out and holders are oegia-
ming 20 foel uneasy. To-day considerable long
stocks came up and helped along the deciine,
though the bears cot more help from traders
than HON that source. Tho general list does not
act I'm sympathy with the weakness In vrengers,
but the heAyipcss resulted from an in1isp0sr
ton 10 enter into new ventures engenderea py me
decline IN those stocks. The action OF tbe trunk
lines IA refusing TO quote rates west Of Chicago
confines the light 10 THAI territory. and the only
sufferers by the cutting will DO tho INES Ia tua'
section and principally Rock Island and Bur
nnRton and Quincy. In accordance with this
fact the last-named stock was savagely attack
ed In conjunction with Rock Island, aud while
IL WAS not 80 sctive Il kept pace with II Va the
downward movement and per cent hsd been
knocked OF OF il value before tho reaction ap-
peared and that WAS for a small fraction
only. The pressure WAS extended 70 LOUISVILLE
and Nashville and Tennessee coal today and
both we're seriously depressed. though the former
recovered most OF It's loss. while the drop OF ~
per cent. in the latter only partially regain
cd. Other specialties, such a. Oregon snort
Line, BIC Four, and some others, felt the weak
ness particularly aud little recovery was no le
except m BE Four. The bears are again work
ing the "m0ucy scare," Notwithstanding that
the rates on call got no higher than ~ per cent
and loans were made as low as per eat, while
! funds were Offering as ! per CEN. without
takers az the close. Considerable business
was done in Lackawanna, Missouri Pa
| cidc. and Union Pacific. but while all three
we've materially lower than their high
| ost prices during the afternoon q recovery
! TOOK place which brought them all up 70 within
| n small fraction Of last nights close. The only
! really strong stock on the list was Jersey Cen
/ trail. which, however, IL lifted by It's friends
whenever IL seems necessary 90 DO 20. and It's
| movements had no influence upon tho remain
| der Of the market. Trusts were unusually quiet
to-day. and TRANSACTIONS In the unlisted depart
nent reached only 3o,272 shares, and sugar rose
| l per cent net during tho day. The market
! was devoid 81 further features and finally closed
steady TO frin after r fractional rally from the
| lowest prices. Trading in the listed stocks
! reached 2,a6E shares. Jersey Central Is up
| Il, but Burlington, after allowing for divi-
; deni. IA down 2S. Rock Island ~, and Oregon
hort Line2k.
EusRfBg.--EIcnange quiet and weaEer at 4sl%e
-, -. Money easy at 2af8. Suh-Trcasury bal
aDces- Coin, SlH3 ll4,0OO: currency. Si,pRa.OO0
Governments lull and steady for Is; per cents,
| lg2.: *. coupons, l0i% bid; ex. interest
NE bond dun and heavy.