The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1892-12-03
FINANCE AND COMMERCE..
Now York Stock Market

Nh" Iohh' Dec. S.-Cons1ueringt h9
death of the most active manipulator Of
campaigns in the stock IN arket in the
annals Of Wall street, tho stock ex
change to-day was singularly free from
excitement. Not only wore tho fluctua.
tions in prices comparatively small, but
the volume Of business was less than
that often transacted when there are no
special events nor influences to stimu
late trading
1t has been claimed all along by GER
tain contingent Of Wall street specula-
tors that the death Of Mr.. Gould would
throw the market into a state of panic
or that the markets for securities would
at least DO violent persurbed EXACTLY
the Contrary occurred 10 day. The
market wavered for time and tho bears
made several attempts to get prices to a
lower level, but on all tho reactions
buying orders appeared fer large
amounts. and each decline was followed
by higher quotations than those pro-
viOuSly current.
Even the so called Gould stocks
yielded but slightly. Missouri Pacific
ran OIL tx, but Western Union, Man
haitian, Urion Pacific and Wabash
yielded only fractiona!ly and quickly
recovered. In tho general list Ameri.
can sugar declined a, butas rule the
losses were small. This was all tho
more surprising because of the engage
mont of 81 900 1000 gold for shipment to
Europe by to morrows steamer. 1t was
learned subsequently, that $500. 900 had
been withdrawn. During tho afternoon
much firmer feeling prevailed and as
tho day drew to close the speculation
became aim, st buoyant.
The upward movement was checked
for brief period by the heavy selling
OF Reading from 54ls down 10 53l4, sup
posed to DO for the account of we'll.
known brewer now in volved in financial
difficulties The great feature of the
market in the la re transactions was New
England, which advanced from 30IS to
434 on reports that the much. talked OF
deal with Manhattan and New York and
Northern, giving New England an on
trance into this city, was about to be
carried out Manhattan jumped ga to
1917 and New York and Northern, pre-
| ferred, rs to 25L.
The remainder Of the list advanced Il
| to 2& per cent, with liberal pu' ch asses
for the long and short accounts. Gran
gers, ChicaR Gas, Reading and West
ern Union led tho upward movement
The shorts seemed to be thoroughly
alarmed In the final trading and some
shares jumed quarter to a half per
cent. between tho sales. The market
closed strong and on tho advance sales
aggregated 365, 600 listed and GO 900 UNI
listed shares.
The not changes for tho day show an
advance OF Is to n per cent. in Atchi
son, Co Grad Coal, North We stern, Dis.
! tillers and Cattle Feeding, Now York
Central, Ontario and Western, National
Cordage, Northern Pacific, preferred,
Richmond and West Point, Toledo, Ann
Arbor and North Michigan and Wheel
ing and Lake Erie; e on Chicago Gas
and Wabash, preferred; u in Burlington
and Quincy and Union Pacific; 4 in
Rock Island, st. Paul and General Elec.
trio; in American Cotton Oil, American
Sugar and Louisville and Nashville;
2}s in Western Union and 34 in New
England. Erie preferred declined u;
Missouri Pacific, Is, and National Lead,
e.
Exchange steady at 4sG@4s9. Com
mercial bills, 4s44@4s7A Money easy
at 4T@5. Sub-treasury balance. gold,
So4,3l1, 900; currency, SIS, 900. Gov.
eminent bonds steady-4s, 114ss State
bonds dull.