Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-10-22
Mean temperature......
NEW YORK STOCK MARKET.

NV yoRK. October 21.-The stock mar
ket to-day was again more active and dis
played more decidedly strong tone than
for many days past. the result of the days
operations being the lifting of quotations
oil along the line. while few stocks show
marked gains. The bullish feeling which
has been growing for the last few days was
even moro pronounced this morning, and
the announcement of further arrivals OF
gold on the other side for shipment TO this
country, together with evident anxiety OF
foreigners to secure stocks here. tended TO
a changing of the position of many OF the
late bears. while the traders who have
been following in their tracks so lonc.were
not long in getting over on the bun side.
AN UNINTERRUPTED ADVANCE.
There was some resistance in the early
dealings to the upward movement but
this soon died out as its hopeless character
became apparent, and from the beginning
OF the afternoon there was no inter.
ruption of the advance. The chief
features of the dealings were strength
tivity and strength IN Pittsburg, st.
Louis and Chicago. The buying OF VAN
derbilts was most aggressive, and New
York Central was lifted TO 1l5. or nearly 3
per cent. and while it did not retain all OF
its gain only small portion was lost Inc
business done In tho general list was not
of an unusual character. but II was moro
evenly distributed than usual of late, and
the upward movement reached everything,
max NJ the final gains very uniform. At
Gibson. Ere, ald 81. Paul led in the deal
ings. but the trading was extended to n
larger number Of both stocks and bonds
than for months. or at least since the Mis-
souri, Pacific dividend trouble first began
to have its influence upon the market.
THE OPENING GAINS
were generally for small fractions. but
further advances were made right from
the first sales. and while the resistance OF
the bearsh traders compelled halt after
the first demand from the foreigners was
satisfied. the only effect of the hammerlng
was comparative dulncss, without mate
rial concessions from the best figures
reached. The purchasing OF NanderbAts
began before the forenoon was out. aud
soon after that time buying Of the entire
list became most pronounced. everything
traded IN reaching figures which have not
been seen for some time. The Changers
naturally took the lead III the general list,
but a few speclalties made marked pro-
gress. while nothing except Sugar betray-
ed any weakness whatever. There was
some realizing III the last few minutes and
New York Central retired fractlonally, but
the market as whole closed quiet ana
strong at or near the best prices OF the
dav. The broadening OF the railroad
bonds more than kept pace with the share
list, and this fact was one OF the induce
% A
into the market.
RICHMOND AND WEST POINT IN IT,
The number Of issues traded in was very
large. and among these Atchison incomes,
Kansas and Texas as, Northern Pacific SIS.
Reading lists, and Texas Pacific DDS were
prominent for activity. The upward move
ment was also quite uniform, but the
speculative bonds. while monopolizlng the
activity, failed 10 advance with those OF
n more substantial character. and among
these bonds the upward movement was not
so pronounced The marked gains are few,
but the Reading issues were most conspI.
cuous. The total transactions reached
zoos 900. The sales of listed stocks to-day
aggregated 258. ll6 shares; OF unlisted,
1851. including the following Atchison,
1884: Canada Southern, s,5S5; Chicago
Gas. $3.50: Delaware. Laokavanna and
Western. II $40; Erie. q, 400; Lake Shore
7lO5; Louisville and Nashville, 1850; Mis-
souri, Pacific. 1880: Northwestern. $3.50
New York Central, 1915; Northern Pacific
preferred, 4,3j5; Reading, 1850; Richmond
and West Point. S,5l7 St. Paul, H,sOO
Union Pacific. 1928.
MONEY AND EXCHANGE.
Eccning. Exchange quiet and steady al
4Sla4s4. Commercial bills, 47g3l ai82l3
Money easy at 3ai; closing offered at 8
Sub treasury balances-Coin, SlO5. $4,000
currency. Sj.076,OOO. Governments dull
but steady: per cents, ll614. State bonds
dull and featureless.