The times. [volume] (Richmond, Va.) 1890-1903, 1891-01-13

OPERATIONS or THE NEW YORK
STOCK MARKET.

-,tsation of Tobacco at Riehmond and
o,her Important Centres-QsotstioRs Of
he New York aud Liverpool Cst,os
Marksts-Provisions and Grain.
,rw YeKK. Jan. l2.-Money closed at
u.- cent. Exchange closed steady; posted
rates sg4@4s-; actual rates, 1879 V
4,Inr .Ixty DAYS and 4s0'. "a 49, for de-
m.rI Governments steady; currency, IS,
1a lid. s.. coupons, l2l; 4Es, do,
l...
dealings ON the stock market this
mun, were the largest iu several months
-i-.. shares changing hands mp TO
noon. sugar trusts were the feature
%, t. mornings dealings. Crowds OF
brokers waiting to zeal iu the cerilhcates
f.sln fa assemble long before the formal
oa.rInv 90 f.. exchange this morning.
ami Nv job O'Clock it was Of AN enOr-
nous Al.. When the signal % be-
..u business was given everything was
l.rfs.n. Large numbers of orders
Lad been received "fo buy sugar at the
market" ODD limit being put on the price.
Il.Hr.har, having these orders jumped AT
,r.r. 0l.r made. and "a hait ao/eh ui
tleu Do I.lercut part, oi the crowd seileI
lu.n4 -Iu-Ie seller and each OF ihem illeu
t'-.- tlr stock Dos forcing the broker ou' ol
o.. crowd and fighting vigorously 70
A.. ehe others away. At first ID
w.. impossible to arrange an Opening
Ir.. but tue lrst sale reported on the tape
vt- III-lHr.s SAT a. AT the same instant
Do -..I A. o.. o.. 30. and SD boz different paris
of Oh. -ui.iug crowd of excited brokers'
anl .r ..-. tnan one minute after the open
DID, .l. gf ST. The last sale made on
saturday was made az II, thus making am
altau.. within the brief space OF one hln-
minnie lN points. equal TO an m
t-.s.. NJ Sj.nnO00 ln the value OF
YNnI.NNI suEur trust certncdtes'
ln re dr-t quarter OF AN hour the
f..e advanced o. Sll4 and then the eN-
element subsidized and the price fell on % ~.
o.. General list opened = % . nleher'
tHu.. there Was some irregularitY. lake
>.r. Reading. Lackawanna ana lew
U..r. either opened lower OF dropped p ID
fae urst half hour. Apart from TINS
reWas general rising tendency through
o., ue forenoon. but DO was apparent lhal
%. le-. "a -peculatOre were more uh-
settled about the immediate pro-
le.t GOO prices than they were
on saturday. silver certificates opened "a
higher at lI-. and advanced TO W. on inc
favorable prospects Of both the senate aua
r. U.u-, adopting the free coinage emend-
~ to ihe Finance bin. By II 40 the price
rteel ,o DOC. The general market was
vt4a few exec ltions, 90 per cent
t.E..r D., noon than 10 closed on saturday
I.. market was less active and prices were
i.er during tue afternoon. lhe "e1A-
h.ss "As due t0 sales % realize me piohts
ol tho morning advance. silver certificates
W.. active during the last hall OF the day
end closed az 1904 bid. The failure Of =.
horfoo,tle. broker, 80 Broad street, was an
bounced shortly after the opening OF the
ttclauee to-day. lie bad been operating
on ,le bear eide for "a long time. About
500 sAan,s We're sold for ms
account under tue rule. The failure had nc
r1rrt ou the market. The afternoon selling
caused a sharp reaction, and the hnai
ttlres We're generally fractloDally below
tl1se OF saturday. sugar trust closed Urine
higher. Total sales, 3i4, 254 shares.