Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1890-11-12
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ASSOCIATED PRESS DISPATCHES.
New York Stock Market.

NEW 1OBK, Uct. II, IUU0 d. r. lie
stock market opened excited but higher for
the general lst. Interest seems to be cen
tied In the Villards and, on tremendous
sales, the Northern Pacifcs aud North
American have advanced about 2 poiGts
over last nigbt's closing figures. The general
list shows gains over las night of from l
to per cent. The market continues active
and excited, bat the upward tendency eiii
remains.
1920 a. ms. V. White, enc of the
leading operators, sags the indications are
for cheaper money which must tend to help
the market. It locks now as if he con-
dtions were favorable to deciled iu1-
provement.
10 view of the fact that LONDON is re-
gerded as main factor OF The situation, 1t
may be important to know that bullion is
being shippod fron many fasncisl centres
to That point.
1915 a m.-When the gopg was sounded
for the opening Ct business this morning
there vas yell and rush and paudemcn
ium relgned en- the fJor. The GALLERIES were
crowded and by class which oniy visits
. the street 10 times of great excitement. The
market opened stronger than might have
been expected, and there was evidently
hopeful view of the situation despite the
fact that the early London advces were rot
of very favorable character.
1915 g. m.-Tradlng go far has b1en sim
plg enormous, especially in Wizards and st.
Paul. Several thousand shares have heeD
sold under The rule completing the sales
which were begun yesterday. These were
ell in the Wizards and st. Paul, and are be-
| iieved 10 be for the ccoUnt of Decker, How-
ell & Co. TIE general market has declined
slightly from opening. The Wizards. how
ever, are strong.
/ 11:55 a. m-The meeting CT the North
American Railroad Company Is over and
the statement is suthorizsd that the comps-
ny has bat few creditors, that these ere al
strong financially md have agreed to see
che company through, and that the assets Of
the company are wholly intact.
Noon.-Money is tight at Is per cert. Per
dsy spd interest. The stock market deVei-
oped new strength after II O'Clock, end
while money wss leaning ai is and interest.
Drics rose materially and every thing traded
in reached tbs highest prices OF the morn
iuc. The extreme fsverishness OF the frst
aour still CONTINUED, but better tone was
noticed all over the list.
1880 y c. Walcott & Co., have just er-
uouucsd their suspension Oh The stock e1
change
1850 m.-Tde market is firm to atrorg
and free buying movement is lie progress.
The failure of Walcott & Co., has had no
IF ct in tho dealings. During the entire
morning the general tendency has been tc-
ward better prices, and with the exception
of the Willard stocks, which were rather ie-
yerish, the entire list shows an advance Of
from l tc per cent.
III n.-The stock market unaer the IL
nuepce OF sales under tie ri IL has souc-
what declined from best prices, lacking SUP
port from London. The market is q Iet
With comparatively steady toGe.
Mr.. George Gould refused to talk with e.
gard to the report that his father, NJ. Jay
Gould, had secured control ofihe Uaion
Pacific railroad. Mr.. Russell Sage expressed
he belief that Mr.. Goud had obtained cor
rtol of the reed.
1870 p. Mall day stocks for TIE sccount
If Decker, lowell & Co., and @. NJ. Whit
ney were sold under the rule. But little "a
tan!ioa was paid to The sales except By bFok-
ers who we're creditors of the firm. pow.
erful pool has been bugirg Northern Pacific
preferred and 90 far that stock has ad-
yanced per cent. The rest OF the Isl
ranges about 2 to per cent. above last
nights cloec.
%. m.-The market isno at lite best, and
the general list ia at the highest of the day,
the advance on last nights prices ranges
from / to 6 PER cent. The totsI sales to
this hour amount to over 500 600 shares, OF
which 100000 we're Willard specalties
Money rules at per diem and nteresi
the lowest quotation OF he day vas 80 per
can't
2:1O p. Money appears to be more
plentiful. The market shows the effects OF
buying by comm sson houses for the long
account. The feeling is that the specu-
latioa will rule reverish for few days III.
til the set,lemen,e between the banks. ord
the suspended firms have been adjusted.
at OILS The market was active aud unset
tied, with the prices generally something
under the best OF the day.
Benj K. True, stock broker, has failed.
After the meeting OF the creditors and directors
of the North American company adjourned the
following statement YVES :ssucd The North Amer
lean co npany is solvent beyond sli question Tho
m ,eting Of creditors was very satisfactory. The
omrany's securities will not lie Slaughtered