Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-03-04
NEW YORK STOCK EXCHANGE.

NEW YORK STOCK EXCHANGE.
NEW YORK. March 3.-ln the stock mar
ket today the great feature was the extra
ordinary activity in New England, the excite
ment in which for the first hour was most in
tense. The crowd OF brokers gathered a, the
opening 20 trade In the stock comprised over one
half the members present. and extended tho
whole width Of the exchange.
CAUSE or TUG EXCITEMENT
The rumors circulated last evening connecting
the Nanderbllts with the road were faade the
basis % the operations In The stock this morn
ing ard vhilo there were lively bidding NJ the
opening. aud the stock sold at different prices
from % 70 30 different sides Of the crowd, the
realizations were so heavy thatit rapidly retired
20 "a before the selling pressure was relieved.
Az 80 u was 34 higher than at the close last sse-
Ming. and az "a II Was down Isl, snd while it ral-
liod from this point 20 55lo, IL sold between %
and 50 for the remainder ~ the day. Den'ais a
the stories circulated were received from the
Grand Central depot, aud alter 10000 shares
had changed hands In the first hour. over 10000
OF which were sold during the first fifteen min
utes. the stock gradually settled down % come
thing like ordinary animation.
THE yAsDBEB.Lrs.
The most prominent festure OF tho market
outside OF New England were tho Vanderbilt
stocks, all OF which displayed considerable ac-
tyty and strength. Lake Shore at one time
Northwestern was inciuied in this group aud
Burlington and Rock Island scored substantial
gains, while the coal stocks we're suddenly let
down az noon, Delaware and Hudson losing
ncarly per cent. The only other special fca-
ture 81 the day was rise IN Chicago Gas, but
all these movements we're spaemodlc and OF
short duration. 1he general list opened with a
| firm temper and displayed during most OF the
day irm % strong tone. without material I'M
pr0vemenf. prices finctuatlns within narro~
| limits throughout the day. The only weak point
| was sugar, which gave way over per cent. IN
| the morning, but rallied later ia the day.
RICHMOND AND WEST POINT DOWN.
| The late dealings saw renewal OF the reali-
zatiOns on a large scale. coupled with vigorous
| attack upon both Se. England and The Rich
| mond and West Point stocks 20 take advantage
| Of sales for the long account. Prices on the
| stock vent OF rapldly-New England retired &c
| 5l7a aud Richmond ana West Point preferred
dropped from IS 70 ~. rallylng % 40 at the
| close The rest OF the market sympathiLed q
| some extent, and the close vas active aud weas
| ~ figures generally near first prices The only
| stock 20 show a material improvement Was LAX,
| Shore, with gain OF ~. while Richmond and
| West Point preferred Ia down 5l1 the common
| 20; New England, 81; Delaware and Hudson
| ~; Jersey Central and Sugar, lsz and Read
| ing 1 per cent sales--Llstet stocks, 51o,0Os
| shares: unlisted, 10000.
MONEY AND EXCHANGE.
Brsnin Exchange quiet and steady at 4s6l<'
| 4asLa. Commercial oils 4S+Aa4S7la None
| sury balancos-Coin. slll,69J, 900: currency
| s2O. 1889 900. Governments dull but firm;
percents lI7I4. State bonds dun but steady.