Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-10-03
MARKET QUOTATIONS
REPORTS FROM ALL GRAFT BUSINESS
CENTRES OF THE WORLD
Prices for Money. Bonds. Stocks GRAIN
Tobacco. Cotton. Ac.. and In Con
psetion Herewith tho Wss-
thor Indicationa
tBy telegraph to the DispatchJ

10y telegrapn 10 the Dispusci4U
WASHINGTON. October 2.-Fore-
| FAIR least for Virginia: Fair weather;
warmer: easteriy winds.
For North Carolina: Generally
fair weather. except showers near Will
mlngton: stationary temperature. except
slightly warmer near Raleigh and in the
extreme northeast; northeasterly winds.
NEW YORK STOCK MARKET.
NEW YORK October 2.-The stock market
to-day took another turn for the better,
and while there was not only marked ex-
pansion in the business done and mate
rial improvement in prices. decidedly
buIlsh feeling Was developed in the room,
and the forces of depression were with
drawn in the face of the overwhelming
volume of new which appeared in the mar
ket. There was very little stock offering.
HEAVY ARRIVALS OF GOLD.
There were number of favorable fac
tors which aided to produce the revulsion
IN feeling chief among which were fur-
Their heavy arrivals Of gold, together with
advices of other amounts to leave tine
other side, while the buying for insiders
in all the prominent stocks and tho evil
dent desire of foreigners to purchase were
influential in raising similar desire on
the part of local operators on both sides
OF the account, There was also new
phase to the Rock Island bond story to
the effect that the issue would be limited
10 only two or three millions. and that !,
would be issued solely for equipment ana
extension purposes. There were many
evidences OF large purchases by the Van
dervllt party. and purchases OF Missouri
Pacific by brokers identified with the
Gould interests were most marked. Inc
character of the buving III Western Union.
Lake shore. Wheeling and Lake Erie pre-
ferred. Missouri Pacific. Rock Island LOU
isville and Nashville, and Chicago. Bur
lington and Quincy attracted considerable
attention.
THE OPENING ACTIVE.
The opening OF the market was Gctlve.
though without excitement or feature
other than the decline IN Missouri Pacific.
but the desire to buy was made immedl-
ately apparent. and prices oil along the
line moved up materially in the first few
minutes, only to bc checked by the heavy
selling Of Rock Island by the bears. which
forced its prices of from 80 TO 49,. its
company being kept by Sugar and Louis
vile, New Albany and Chicago. The mar
ket was thus given IA feverlsh and irreeu-
lar appearance. many stocks retaining
most of their early advance, while Others
were carried again below the level OF
opening prices. Before the end of the first
hour. however the attempt 70 force the
market lower was given up, and oil the lead
ing shares under the lead Of Missouri Pa
cifc made rapid progress IN the upward
direction. Rock Island falling into line
with the rest. The amount Of business
done was very large, and while there was
IA falling of III this respect after IL o'clock
there was no cessation OF the advance III
prices. and in the last hour the buying Was
again urgent especially by shorts. Atchi-
son was still the leading stock, but the
improvement IN other stocks was even
larger on small trailng-the Changers. Vii
lards, and Goulds being still the most
prominent stocks.
TAE CLOSE ACTIVE AND STRONG.
The market finally closed very active
and decidedly strong at top figures all
along the line Sales OF listed stocks, 5j2,-
0OO shares Of unlisted. 10000.
MONEY AND EXCHANGE.
Ereninq- Exchange quiet and steady at
isla4-, Commerclai bills. 47SaiS24. Money
easy ~ las. closing offered at I. sub
Treasury balances Coin. 3 y. 3ls 900 cur
rency, SlY49o.0ol. Governments dull but
firm. 4 per cents. IL. State bonds en-
tireiy neglected.