Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-09-26
NEW YORK STOCK MARKET.

NEW YORK STOCK MARKET.
New York. September 25.-The stock
market to-day was not quite so active as
that Of yesterday, but it was still an un-
usually active market. while displaying a
temper in marked contrast to that OF its
predecessor. The whole list. with only
| one exception. was decidedly strong and
the operations of the day showed that the
desperate attempt to break the market
yesterday was complete failure. II was
also demonstrated that the attempt re-
suited only in q large increase in the out
standing short interest. the extent of
which in some stocks may be judged from
the fact that notwithstanding that money
was in active demand at 6 per cent.
throughout most Of the day the bears were
compelled TO pay 1872 for the use of Union
Pacific stock in order TO make their deliv-
cries.
| AN EXCELLENT DEMAND.
Tho scare among holders was exceeding
| ly short-lived. and after the opening this
morning there vas an excellent demand
| from all portions of the world. London.
outside traders. and New York houses
vieing with the shorts in bidding for every
thing on the list. Where everything was
SO strong it is hard to pick out special
stocks, but Union Pacific, Missouri Pacific;
and the Canadas then fairly led, followed
by Rock Island, Lake Shore. Wheeling and
Lake Erie common and preferred, Bur,
lington, Atchlson, and Louisville aud
Nashville. Union Pacific and Missouri IA
cific We're the centres of attraction during
the day. and while the transactions IL
| 10
sour Pacific the fluctuations III 1t we're bJ
no means az important. Tho dealings II
! Union Pacific. however. footed up larger
total than those IN any stock since the
| present upward movement began.
TIE vILLARDs AND GRASoERs
were again a good second to the market
but the Nanderblts showed the IN 81
| strength end Canada Southern. Lake
| Shore, and the Chesapeake and Ono
shares made the most substantial gains on
comparatively light transactions. Cnior
Pacific, after a most irregular and teverIsf
opening, was again attacked. and droI
OF Ia per cent. established in it. its lowest
price being 3Shlc.. hut Missouri Pacific was
| strong from the outset and steadily mount
ed until y had touched G94c.. a gain O
A.. per cent. on its low figure of yesterday
| Union Pacific. however, soon joined th'
procession and rose AZ per cent. To 43tsc
The remainderof the list male substantial
progress. and before the advance culmi
nated ycstcrday's losses We're abou, re-
covered. There were reall2atiOns IN th'
afternoon. but the best prices were vel
held. notwith landing the two leaders re
acted materially.
TIE CLOsS ACTIVE AND STRONG.
All excitement died away toward The cnt
OF the session, and the business done be-
came comparatively small, but the marke
finally closed active and strong at or neal
the highest prices of the day. Among thu
actlye stocks Union Pacific IS up ~. Mis-
souri, Pacific and Canada southern, z
each: Lackawanna. ~ North American
2; Atchison, Ia, and Reading. ~. tn
rest OF tho list generally showing gains q
from = y per cent. The sales OF liste'
stocks aggregated 900 shares; OF IN
listed, 500 shares.
MoSFY AND EyCHASiF.
Eraiiny. Exchange active and heavy n
4sin4,i. Commsrclal bills. 49, ai8ila
Money cas-, at ~. clos NJ otiergd at
Sub-Treasurv balances Coin. : - 900
currency. sl5 g. .0Jl. Governments dul
bat s. olg 1 per cents, lljl4. state bond
duh bat steady.