Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-01-04
TIE WEATHER IN RICHMOND YxsrExpAx
was fair and pleasant and eighty colder.
Range of Thermometer ct the front door
of the DispatcA Office Yesterday:
NEW YORK STOCK MARKET.


NEW YoRK, January a-Tho bank statement
was to many people q surprise, as it was known
that there had been movement OF currency
out OF tho banks both to tho interior and through
tho sub-Treasury. and therefore the moderate
increase IN surplus reserve was not lcoked Tor
Money should, however, from this time return TO
this city and tho money market grow easier
TUE MARKET STRONG.
Tho market to-dsy responded 70 these condi-
tons and displayed oven greater sfrengtn tnen
yesterday, inyeztment-buying continuing 70 oe
the principal feature Houses which Go strictly
an investment business say thar they ma sres.
difficulty In supplying the demand ior sooa
bonds and Dividend paying stock. Such SCARCITY
OF securities upon tho street has not boon known
In fifteon years, and In consequence every at
tempt IN buy for either SIDE OF ths account aa-
yonces prices.
RAILROAD NEWS.
The news from tho railroad world to-day was
nor OF special importance, but the Union PACING
ana Rock Island difficulty caused considerable
comment The general opinion Is, however.
that whilc the trouble may have some eMect
upor the stock Of those roads II can have little
or no influence Gu other properties. Despite tne
dulness in Walisfroet speculation during the
greater portion Of Inst year u - expected NV.
the railroad earnings for 1870 VIII snow good
comparative business with that OF tho previous
year. As yet, only Wheeling aud Lake Erio,
Laxe Shore and Western, aud Toledo and ONO
Central have made their December s'atements.
The frst.named shows Az increase OF per
cent over the same month OF 1889, and 10 the
only one which he's as yet made It's annual ro-
port This shows an increase OF 20 per cent
There was a heavy decrease In the earnings OF
the Milwaukee, Lake Shore aud Western Tor
December, but Toledo and onio Cenfsi III
creased 10 per cont
s.IGar pgciInEa.
This morning tho bears were iuclined 70 again
test tho strength OF tho laie upward movement
and we're permitted with she aid OF some foreign
selling TO open most OF the Us; al slight declines
from last evenings figures. Louisville anu NASH
Vile ives Il lOwer, but among advances were
some OF s, per cont Tho new buying, however,
was too much for tho pressure brought 70 Gear
and the natural strength OF the market soon as
serted Itself, tho most conspicuous example De-
ing Lsckawanna. which was run up 10 iAN,
gain OF H.. per cent
MATERIAL ADVANCES.
Some OF tho speoialties scored maierlai au.
vsnces and almost everything traded In showed
fra ,tiouni ea,ns. Rock Island was The only weak
point In tho list and giving no evidence OF sup
port II became she Frey ofIhe beers VINO SOLD u
down u. There was come reaction III tue last
hour on realizations by traders. but tue issue OF
the bank abatement was signal for renewal OF
the mn yard movement and the best prices were
again reached. and In q few casos hisher nsRes
were maintained.
THE CLOSE ACTIVE AND STRONG.
The close was fairly active ami strong at nign-
est point. The only material ataoces among
active shares wero IN Lackagenna and COLORADO
coal per cent each. These rnles listed stocks
to-day aggregated v5,OU shares; unlsteo' o'ooV'
MONEY AND EXCHANGE.
Ereniuc. quios ana Erin u sooS
tSl Money easy at 3es, closing onered az
sun-Treas,iry oalances-Coin, $ifs.4sSOG; cur
rency, s4,07s.0lo. Governments dun but steady ;
4 per cents. I2l: 4h's, 1O34 bid. State bofis
STOCK QUOTATIONS..