Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-02-16
Mean temperature.
NEW YORK STOCK MARKET.

NEW YORK. February 12.-The stock
market to-day. while not showing the I'M
rnense volume Of business which marked the
trading last week. was atill unusually active,
and presented strong front almost throughout
the entire session, placing most OF the stocks
traded in on a materially higher plane than last
week. Tho interest in the market has been
more general to-day, and some Of the largest
banking-houses on the street were buyers Of
stocks to large extent, their purchases being
for the most part In shares which have for some
time lain quiet. The fact is that the feeling OF
uneasiness over the coal deal has subsidized.
owing to the way in which the coal stocks have
held their advances and because the facts are
now better understood by the pablo.
SENSATION EARLY.
Toe report this morning that the Pennsylvania
State officers had refused TO Interfere with the
new leases caused a great rush TO buy Heading
In the early dealings this morning. and for q
time quite an excitement WAS seen In the STOCK.
Later IN tho day, however, this sensation sub
sided, and buyers turned their attention 10 other
parts Of the list, Reading for the first time In
over week showing only moderate volume OF
business. The opening this morning was stirnu-
lated by some buying for foreign account, and
while the Coalers still led, the general list was
materially higher during the early dealings.
Reading and Jersey Central rose over Z per
cent, bat afterward reacted on what appeared
manipulation 10 buy.
RICHMOND AND WET POINT UP.
The strength Of the genera. list was in no way
impaired, though the progress during the fore
noon was illw, but when the excitement IN
Reading died away, Union Pacific, ~. Psui.
Atchison, and Richmond and West Point came
10 tho 'front.' and all made substantial gains,
with Atchlson leading. Among the low-priceo
shares the Susquehanna and Western stocks
wore again specially strong, and the preferred
made | rye advance. There was only one weak
point IN the MARKET, Dstllers' yielding steadily
In the face Il the advancing market, though II
was kept company with for a time by Iowa Gen.
tIal preferred, which dropped some OF It's late
handsome advance. Chicago Gas and Cordage
were both active and strong. but the otner In
dustrials were quito neglected, remaining
without feature throughout the day.
CLOSE, ACTIVE AND STRONG.
In the late trading there was renewed buy
Ing, and the shorts took hand In aiding the
upward movement, the market closing very
active an strong at about the top figures OF the
day. 1Ie advances include jersey Central
"a: Union Pacific, ~; ST. Paul, 2ss; Atchisof
ard Reading, eacn 2Is: Canada southern, Ia
Cordase, as; Cleveland. Cincinnati, Chicago
ana ST. Louis, 1sl, and others smaller amounts
while Distillers Is down "A. Sales listed stocks
| 1000 shares; unlisted, $4,000.
MONEY AND EXCHANGE.
Eusnino.-EIchange quiet and steady at 1861
49,. Commercial bills. 4Soa4S7ls. None
| easy at I1SaH; closing offered AZ z. Sub-Trea
sury palances-Coin. sl16,241 900; currency
si5.24u,O 900. Governments dull and easter
4 per cents. ll6lf. State bonds dull but steady
STOCK oCorArIoSA