Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-03-01
The WEATHER IN RICHMoSD YESTERDAY was
rainy IN the morning, cloudy in the afternoon
and light rain al night
NEW YORK STOCK MARKET.

NEW YORK, February 2s.-The stock market
to-day Was again Jun and narrow, Win all inc
animation In few stocks, when recelyeu
attention from the b, ara. The approach OF me
first Of The month us usual gave tho bears
an opportunity 20 "a NJ money rates upon
| needy borrowers 81 the calling OF money needed
for interest aud dividends payable on the lat no
Ces-itatcs tho shifting Of loans. THIS To-Day Vas
tho bears chiof reliance and rites Earo made ~
| high rs ID per cent at one time, nough they
| held up we'll until the close, tho last loan DOING
| at S per cent. IA 2 means FOR depressing quota
| tioua however,, there was a com pGfetlve failure
AMI only IN . few stocks which AFRO subject to IN
| nucnccs peculiar % themseivoa. Has any pro-
gres5 made IN q downward direction. The
money question Is again, however prominent
one IN all street. and tho eyes OF the street are
| turned 90 Washington %, present Tor some ihil-
/ cation ot the purpose 10 rclieFe mo sflngeh'y'
! whir h, although rot pressing NJ present. keeps
| the market within narrow limits. Tho abolish
| mont OF large amount Of tie tax on
| sugar or the massage - me silver pui
are regarded 80 the most feasible means
| b. which the necessary back bono could be gwen
| speculAtiOn. London priCoB were again maierl-
| nlly higher this morning, but this market failed
! o. follow, ~ the bears brought marked pressure
| 10 bear Immediately upon Northern Pacihc pre-,
| ferrcl, Union Pacific, aDd Dituminou5 coal
| sticks as well IA augar rp0nereS. and for time
declines in those shares were rapid and iinpoi-
TINT New England also came in for some aitenil0
| from tho same quarter later In the day, Dut no
| Improvement wa male upon IL, ani u was soon
| abandoned. The weak features Of the day were
| biuminOus coal shares, and Tennessee went
down TO 5l aud Colorado coal 10 ~ but while
| the lattcr remained at near the lowest mo
| former rallied sharply late I'm the day and more
| than recovered The loss. Tho support which II
| received yesterday WAS apparently lncklug Ia
early doaliug-, put{t camo ~ last, and the upward
| movement Was equally "a sharp a. tho decline
hal becn. sugar was affected by reports IN re-
| gard 20 the sugar refinery IN san Francisco aul
! Boston was liberal seller, Dnt bought again
la;e IN tho day. Union Pacific wEs the only
| stock among tho usually active shares WhlcI
| showed any real weakness, but Foreigners we're
| buyers and held Il up within fraction OF
! ~ hr.t price. strong points In tie list were
| Wheeling and Lake Erie preterrei, which
| mounted from 81 &c. - 69slc. upon the an
nouucement thG. Tho companies contracts Tor
coal are 300 per cent. larger than up 20 the sahe
| timo last yeur. There Was generally better
tone % tho market I'm the afternoon, but nt
| material improvement was made and the close
was duh ami steady. generally AZ shade under
opening figures. Finai changes show ma
t0rity 0f declines. Sales-Listed, lt5,JOO; un-
li~-oI 1i.nn0 R-'+
administering quiet and weak AZ 4Slh "a
| * Money % losing offered ~ T. SUD
Treasury balances Coin, slG3.3-j,OOO: cur
rorry. $4,000 Governments dull and heavy
for q: Ter cents. ~ *. coupons, lOlH
| a ..surl.a TAI