Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-10-30
NEW Work STOCK MARKET.

NEw YORK, October 2a.-The stock
market to-day showed no material change
in its general characteristics from those
of the past few days, and there was the
same professional trading. an apparent
willingness of large holders of stock to
let them take care of themselves, and
the same disregard in its movements of
the influences which should legitimately
tend to the enhancement of values.
DULL AS USUAL.
The general list, as usual, was still
dull and comparatively stagnant, while
the efforts Of operators for decline were
directly applied to q few stocks which
proved especially vulnerable, and in
those shares material losses were sui
ferred. Again the falaty OF stories of
| financial difficulties i'll London were dis
proved by the passing off of settlements
without failure OF any kind, although
| 10 was stated that assistance had to he
accorded in some cases. London, how
ever, was not factor in any way IN tins
market. and operations for London ac-
count were few, and confined to arbf-
TRACE operations almost entirely. On
the other hand, Boston was heavy sell
er, and the stocks IN which It ls most III
terested were especially weak.
SHARP ATTACK on THE CHANGERS.
The announcement of decrease in the
net earnings Of the Burlington for Sep
tember was followed by a sharp attack
upon that and other erangers, which
| brought prices down to the lowest of the
| day, and in many cases to the lowest
! seen in months. Sugar retineries, after
q sharp upward movement in the fore
noon, which seemingly had the effect
of postponing the attack upon the gene
ral list until tho afternoon, re-
lmained duh and featureless, but
was held at the best prices for
the remainder OF the day. Chicago
Gas fell away in the forenoon about !
per cent, but the announcement from
! Chicago that the company had no fight
| to hold or buy stocks OF other companies
WIS received with apparent indifference,
| and tho stock recovered all Of ITS loss,
with the remainder Of the list. 81. Paul
was one of the weakest stocks and showed
less recuperstiye power than the rest
| Of tho aran9ers, notwithstanding the fa-
yorable news from the West The latter,
however, WIS OF some influence upon
| Union Pacific, which was well held IN the
aiternoon and later displayed consldera-
BILE strength.
| THE OPENING IRREGULAR.
The opening was made at irregular
kchanges from last nights figures and the
early trading developed continuance o.
the depression OF last evening, but the
sharp rally in sugar carried the list along
| with it and but little further weakness
was seen during the forenoon. The raid
upon the grangers after Il O'Clock, how
ever took the vim out Of the market and
the lowest prices of the day all along the
lime were reached atabout Z. NJ.
THE CLOSE FIRM.
When the pressure was removed dull
ness and stagnation were the features
until the last hour, when the covering OF
shorts again moved prices mp, and IN
most cases the final figures are only
slightly below those OF the opening, the
close being firm at the improvement.
| 81 Paul, after touching 55I, closed al
| 56s. loss of Il, and Northern Pacific
preferred is off | per cent The remain.
der Of the changes are generally small
losses, though sugar and Union Pacific
both are fractionally higher. Sales Of
listed, 235, 900 shares unlisted, $4,000
shares.
MONEY AND EXCHANGE.
EUening. Exchange quiet but easier.
Money easy at 3a6 closing offered at 2.
tSub- Treasury bslances-Coin, Sl45, $40,
600; currency, S5,570,OO0. Govern
ments dull but steady; per cents,
l24; AS, 1044. State bonds dull and
featCreless.