Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-09-29
FINANCIAL. REPORTS,
NEW YORK, BALTIMoR6,= ANo H'C'-
MOND STOCK EXCHANGES.
Grain. Provisions. Cotton. Tobacco
pentinc. Rosin, Tar, ana Pea
nut sinrkets.
fBy telegraph to tho D,spatch.I


~ wAsursorox. September d.
| FAIR Forecast for Virginia; Generally
w fair during Tuesday. with station
AIRY temperature except IN western
portion warmer cooler weather on
Wednesday: showers will probably occur
during Tuesday night westerly winds'
For North Carolina: Local showers va
riable winds; stationary temperature eA-
cept in extreme southern portion warmer
NEW YORK STOCK Markell
NV YORK. September 2s.-Ths transac-
tions in the stock market to-day shower
that the excitement OF lat week was
pretty nearly over. The market was coui-
paratively quiet except during the mt
hour. when the evening up Of the deals IN
Missouri Pacific was in progress. Inc
purchases of that stock to-day were evil
IDENTIFY in the interest of the Gould party
and judging from these purchases the De-
cline in the stock has in all probability
reached its limit. The selling Of the frst
hour especially came from professionals
operators, who are looking for further
reaction in prices and selected that stoch
a. most likely to respond 10 their EFFORTS
and have most influence upon the rest Oh
the list. A well-founded statement was
circulated upon the street that Mr.. Ho"iu
would abide by the decision of the direct
ors of Missouri Pacific as to whether or
not = per cent. dividend would he de-
clarcd. This and other influences started
the bears to covering their shorts IN the
stock late in tho day and it recovered all
Of its drop Of per cent.
THE UNION PACIFIC FUNDING PLAN SUCCESS
Tho announcement that the Union
Pacific funding plan was completed anu
an assured success was also an influentlai
factor in tho late rise. the bears again see
ing thor chief reliance tho yulneTaOiilty
of the Gould stock-slipping away rom
them. The fears of q monetary sfrinscIcy
which have of late been troubling inc
bears are now pretty well allayed, as some
| $4,000 900 il now on the way TO this country
| and the movement has fairly well begun.
| Outside of tho Gould stocks aud their
early weakness and late strength there
was no part of the list except the Grangeis
and Nanderbilts which scored movement
worthy of notice during the day: iEe
! Grangers were specially strong IN the
early TRAINING ana DOth ROCK islahu' !" u''
sold ex-diyidond of 4 per cent, and Bur
| lington. rose over per cent. Late III the
day the Nanderbilts had their turn. ana
Lake Shore IN particular rallied hsndsoul;-
~ from the depression Of the forenoon.
TIE opESIXG HIGHER, TIE CLOSE FAIRLY
ACTIVE AND FIRM.
| The opening was IN general at higher fg-
nres than Saturdays finals. but the selling
pressure in Missouri Pacific, with the re-
suitant material decline, was too much for
the strength Of the list. and fractional re-
cessions followed all along the liae. Tho
lowest prices were generally reached To-
ward +. NJ. but no NJ rkad upward move
ment took place until tho last hour. when
everything moved up. and with consider q
bic animation the early losses were nenril
all wiped out. The market finally closed
fairly active and firm at the rally. leaving
most stocks fractiOnally lower than Satur
day, while tho only material loss for the
day was in Wabash preferred, which IL l..
per cent. low5r at 50N. Sales of LISTED
stocks. $4,000 shares: unlisted, l0,OJ'
| shares.
Eceniag. Exchange active and steady a
lslaiSi Commercial bills. 41Ft4e4Sj
| Money easy az 2a7. closing offered at )
SIh-Ireasury Dalances-Coin. Sh. i0S,00O
currency, SI5.lol,0j,. Governments dull
but steady 4per cents. lld14. State bond
dull! but steady.