The times. [volume] (Richmond, Va.) 1890-1903, 1891-10-28

NEW YORK. Oct g1.-'S Special Calm & Coz
stoch letter reports: hg market opened NJ
1000 -harcs VI 10 40 the 0renHg. There Is no
doub, Ina oar minds that the Irlce was bld M
on the ether sldn SO rs 10 ma se good impress
SION re- At me opening mo Ie1ture Was me
selling OF 1900 shares OF long stock by d pf0mi-
nDlt house. As tar rs we can arm II is tor q
party holding the stock since ne time and be-
coming tired has seen At 20 lel Iis load so. The
market sold Oh about - 10 -. IN there was no
snap 10 10 40 any time. Traders a times r.
tempted 10 lad mp the general list. but met long
stocks on every rally. Inc railroad SITUATION
romans unchanged, except that the railrOt
entering Chicago are beginning 10 cOmplain
Oh account of the decrease in tonnage. Ihe
east-bOund shipments are showing decrease
every week OF about 10000 tons. AS II Is cheaper
20 hip The stun Via 81. Louis or Duluth. The
Grand Trunk road we understand. viii give
notice that they viii not hereafter charge for
uy .cfOrc the Central lrainc Association short
ly. Chicago Gas has been strong ali day, but II
seemed as }. title long stock was beng mar
ted above 55. Unless We get So N encourage
mcnt from OndOn tomorrow We think prices
Following is the report of tho United Press:
Money closed at BE rer ut.; the highest "A;
lowest. O. Exchange closed steady; posted rates,
aSil9d4Sl2: actual rate 4-0fi rs for sixty days
and is915@4si for demand. Governments steady;
Gs. I'D I'D: As. ll6ss. extended ~, 100 bid.
Reading. Chicago Gas. ST. Paul, Atchlson
Omaha preferred, Lake Erie and Western pre-
ferred. and Delaware and Hudson, ahsor ed
Exchange tins morning. he prices recorded
the widest fluctuations. The tone of specu.o-
ti0n was weak. Cnd values declined during The
greater part Of the morning. At the opening
there was a temporary snow OF strength ana 4
fractional advance due TO London buylng and
higher prices abroad for American stocks. but II
soon gave way under pressure 10 ssll.and values
Gradually went lower mp 10 midday for most
Of list. The greatest declines were IN Delaware
and Hudson, Lake Erie and Western preferred
and Omaha preferred. AZ noon prices were p 10
pa per cent. lower Richmond and West ) NJ
was also a weak feature Of the morning. lie
cliuing point on a number OF dlsuulcting
rumOrs concerning its financial standing here
was no feature OF interest III com octlOn with
the afternoon S dealings. Prices in some in
the market was weak throughout and closing
figures as compared with those Of Yesterday,
we're d. TO "a per cent. lower. the after in the
Delaware and Hudson, which was weak through
out on reports of a tire in he company mines
In the early trading TO-DAY London WAS n heavy
buyer of st. Paul. Reading was also bought to
q considerable extent for that account, but the
houses most prominent M the reOrganZa-
ton Of the property were heavy sellers
Decat e. Company. Of Philadelphia, an
new Terminal bonds. The selling of the stock
was thought 20 be on an expectation Of trouble
al the meeting Of sales agents tomorrow
Richmond and Terminal stocks nd bonds de-
clincd on the expectation Of suspension of divi-
deuds Oh East Tennessee first preferred. he
decline i'm Lake Erie and Western preferred is
generally ascribed 10 the apparent opposition
To the new mortgage which was authorize d at
the annual meeting. The mortgage provides
FOR the issue of s3D0 ono, bat only 100000 Will
be placed now, and this amount has already
bean sold The proceeds have been used 10 buy
ceived which the bonds were issued 70 pay for
u ofql sales. 10. tl2 shares.