Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-05-06
THE GREAT SLUMP.
..., STREET RECEIVERS FROM ITS
"N BEAR AT TACK.
..r>citcmoni, However, Yesterday,
sad>e,c'ai sor'o"' f"''"To'-more Con-
,,s,ee SOW Than for Some Days
q, telegraph to the D:'Datch.l

g.. y.e,. Nav 5.-Tbe day was ono Of
....al activity end isteDse excite
..,. .., StocS Exchange. The great
.. rriccs during The last half hour
.'..~... Yesterday and the further
......s. Explained by the failures Of $.
.. fDrus s. Rimbal, and ". l..
....tCa Large amounts OF stocks
..! .uf fer the account Of these
.al Che avalanche of offerings
..r..ro pauicky condition Of affairs
.. been experienced since the time
80. r.- panic.
r NATURALIZATION GREAT.
..rto those who passed through
t.... ..Tridav troubles and oil the
.tIeAvals since then, there never
I.. boon a time when the Stock
.... houses were so completely de
.r as was the case to-day. The
.... resolved itself INTO matter of
.. 10 practically any price obtalna-
I.. enormous shrinkagc shows
.. .w ac1te the panic bad become.
.-.n - quotations over night was
,tr4 points. and had tho pressure
continued a short time longer
~ .lf. doubt tGat other houses
t4v- rcan forced q the wall. As
rouJ.r turned NJ as a heavy
- ND according 10 competent au-
.,.t .0ak upwards of l0l.O00 shares
ta same time home investors who
..r.t Irf iu au appearance ln wall
.t.r wears back tonk round amounts
-.. railroad Gud the industrial
ruY TIDE TURNED.
r r1.ing power thus exhibited turned
4 "a IN fr
points, the preferred II. Gene
-i, p American Cotton Oil T.,
... 0.s l.'. LdIseu Illuminating G. q.
S. .tau Elevated l0,f, National Cord
A frf.d -. National Lead I. pre-
r Omaha preferred 6. Rubber
...- 4al Lake Er!o preferred 6 "a and
.r5... The drop IN other stocks
$50 t1 4. Tho activity III the money
-.... 'cratci the selling movement,
...rtaDIs became decidedly easier,
-..-u exchange declined sharply,
--.vrc the possibility Of gold eX-
.-.. .,I t.a firms which had been re-
. O. bc ~ difficulty pulled through
Adj tins combined - create q
t-t'.r feeling, and the rally Was
... ...e rapid than the previous de-
TIRE ErCoyrGY.
...-.l Electric sold mp from - 20 g..
.-u sugar from 81 10 sl'i, the pre-
..i e.. -l, American Cotton Oh from
ihr preferred from Gs 20 "a. Con
.I CA- from 112 L. 1l9l. Edison
gtu. from 40 to ll6. Lake Shore
Us to12-, Manhattan from ll5 To
National CprdnEe from Is 20 p,
referred from 45 o. 57. National Lead
t.a.. tie preferred from G7 TO 10,
A.. r-.y tcDtral from lOl 10 lOJ,
..t States Rubber from 80 70 4Gi4 and
N--. mon from 500 % s6i4.
IliE CLOSE sTTAUI.
I.-.ug tie last nalf hour . few OF the
..-.l.s ran IT sharply, but the gen.
. .-r h,id well AMI the market closed
.....v 20 tone with more confident feel
I-a has prevailed for several days
.' ll number Of instances the final
..r.us We're above those az Yesterday,
particularly il The railway list
MONEY ASp EXCHANGES.
"..y on c-lIcasv. ranging from 40a4 per
-. ,lst loan at 4, and closing offered az q
..r cent; prime mer antlle paper, Gas per
string eXchangq uDs'tted; posted rates,
g. >.as4Sl. C0Umcr-ial bills, S4.SlleaSfNJ.
.-rnmcut bonds steldy state bonds duh;
-r1i honda O shaio irmcr
-.I-trtasury balances. Coin, SGo,Jof.OOO;