Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-07-15
NEW Work STOCK MARKET.

INV lNth. JItl ah--Ab' h'tf" W 'H-'"N'
gulne bulls on the stock market we're rather di'-
appointed this morning when the market taiied
10 respond 90 the anal passage Of the silver bill
by more than fractional rise at the opening
which gave way to hesvinoss later In tho day.
Tho more conservative element, however.
claimed that IL il too soon to expect any materis!
results from the bill in the shape Of advanced
prices for securities. a. the effects OF tho Jaw
will be slow In appearing ana must come srsdu-
ally but that the ultimate results must be
stimulation Of business Of sl kinds, with higher
prices for everything
THE BEARS PREDICT DISASTER.
Tho bears on the other hand we're confident
that tho effect Of tho bill hsi already been avs
counted and that fts ultimate result would 90
disasferous n the finances Of she cOuntry are
now on the road 20 silver basis. Inc latler'
however. were careful not 10 back their opinion
too heavily, and contented themselves Win
feeling tho market cautiously after the nrs' ue-
rnnnd had Stacked away. Inc brokers. now
ever report more inquiry, especially Tor specu-
latiye bonds. sni the feeling among them 10 very
hopeful Tor a revival Of speculation In the near
future, helped along by the action OF the SILVER
bill
THE PRESIDENT WILL SIGN THE BILL.
There seemed % be no doubt 10 any quarter
that the President would sign the nlll. me
stimulating effect which the passage OF lle VI. ~.
might iogilmaieiy be expected 10 have were IN
"A large degree nuiiifei by the shipments OF eoli
saturday with the pros pect that others VIII ioi-
low. and noiwithstand ne the very isyo,sose
hank Abatement there was q disposition % 20
slowly In ne mater OF new ventures III -pecu-
lafivo way. 40 particular uneaslneSs Il ieit III
regard 20 tho rhlpmsnt 81 gold In WOW Oh th'
small amount which has gone out 40 lar ms
year, bat = liberal supply Of funds u necessary
20 sny material upward moYementm the security
OF tenders.
ADVANCES.
Tho market aided by higher nguros from
London, sho wed advances over Saturdays nhtl
prices OF from a. 20 y per cent generally, WINE
tho passage Of the shipping uiu opener f'NinV
Mail up o. a per cent outside 81 ,ie -usa, r.
nneries. silver certificates, ami some spccalues'
however. the further gains were entirety lhsik.
uincant and tho temper 81 speculation from w ~
| limo ont was heavy, though the prcFaihhS lti-
ness and stagnation precludci ahythhs IN.
| material losses and changes In general h-t were
| confined O. "A slow aud almost imiercepbple
| shading OIL In values.
SUGAR REFISERIEs ANIMATED.
Sugar renneres showed most animation ane
was advanced about per cont, but later lost a.
| II the improvement. kock Island WAS snow
| most attention anon. stccts OF the iegniar US
| and the bears attacked IL on reports OF failure
tho crops along the line, hut IL closed only
| iighl fraction lower than saturday.
PACIFIC MAI. BooSHD.
| The passage OF the shipping bills boome'
| Pacific Mail 81 the opening and il rosc a Do
cent. but shaded OF With tho rest o. The list 10
| q time, recovered again, and Is TIE only stool
| showing material advance for the day, iis al
| vance being y per cent. Traders -ol1 EARL u
the day, bus later became Inactive. and tho close
| while duh, was rather heavy at iEsIsnihcsn
| changes Tor the day. Sgles-s1OO0 shares hstcs
| aud $1,000 unlisted.
Ereninn-Exchangs quiet and steady at tsiki
| 4sl.z Money ea-y nt 2a-. sub Treasury bal
nnres--Coin. tl62 gg0O. currency. G,si.W
| aoyernments dull hut steady fer AZ pe
cents, l2lL: eK. coupons, i03 bid, e1. inierss
| Nt.f. honda dun and tgntlrnle-e.