Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-10-27
TIE wKArHEs IN RICHMOND YESTERDAY
was clear and pleasant.
The skies were clear at midnight.
State Of thermometer
Mean temperature. &c
NEW YORK STOCK MARKET.

NEW YORK. October a.--The pace stt
ut the Stock Exchange during the past
Few days was too hot to hold. and to-
day there was general disposition 10
accept profits In the active stocks like
the Changers and Industrials. The rise
In sterling exchange. which was due 10
higher discounts abroad and sales OF
American securities here for foreign ac-
count. London. according to reliable esti-
mates. having sold fully 20.00o shares OF
various stocks. and the rumors OF a hitch
AT Washington on the silver repeal mat
ter. put out at time when operators
were somewhat nervous over the declining
tendency or the market. aided the reac-
tionists. and scared out the bulls.
At the opening the market was weaken
ed by decline Of lc. In American Sugar,
to l02&. The weakness was short-,lved.
and In little while a number of stocks
sold up TO the best figures touched since
the current bull movement was inaugu-
rated. Buying orders were excluded for
Western and New England account as
well as for local traders. and the bull
fever for a time ran high. The only
drawback was the steady selling for fer
eign account. but this had no perceptble
effect
In the early advance St Paul sold tp
10 65h; Northwestern to 1865. Rock
Island to llh, Burlington to 81. western
Union to 81. Manhattan TO 13i, Atchison
to 2l%, General Electric TO 81, missouri
Pacific to 26%. Omaha to 1854. and Pitts
burg and Western preferred to 30. These
high figures led to realizations. and after
midday u became evident that inc mar
time being the buying power was ex-
hausted.
Speculation then became quiet. and no
new purchases were made. Prices begun
corded. Sugar fell 2ss; General Electric,
2h: burlington and Quincy, "a; Rock
Island. 2ls St Paul, ~; Lake Shore'
pa; Louisville. IN; Western Union S"'
Just previous to the close New England
was taken In hand. and marched up TO
Ssh. against 32ls early In the day: Sri-
cago Gas was put up points 20 S,.. sceL
last night. IA,
specialties. National Cordage common
was advanced ~. TO 2sA; Later a, on 'ne
United States Rubber was strengthened
by a report that the company will declare
its dividend on November LIST. Inc com
mon rose 80, TO S5A. and the preisrr rsa =,
sold at 80 TO-DAY brought 70 MOTIFS
and Essex advanced ca. TO lis, ana Ameri-
can District Telegraph 8, TO 70. -.
The lump in New England at the close
induced some buying for the long account;
and the market left of active The total aI
sales were $4,000 shares; unlisted AtVo
treasury balances: Coin. s55.6o6,ooO; cur
rency. sl3. 497. 900,
MONEY AND EXCHANGE.
Money on call has been easy, ranging
from w to g. last loan at 2. and closed
offered at 2 per cent Prime mercantile
Bar silver. 72h: Mexican dollars. 49,
Silver at the Stock Exchange was neg
lected. -,
business in bankers bill at A.HhHiSia,
for sixty DAYS. and A.s9h for demand
posted rates siS2nis; commercial Ills
| a s0ihG4. sO@t for sixty days, ana $500
| 4 S3A for demand.
Government bonds steady. State BONDS
| dull. Railroad bonds firm.
STOCK QUOTATIONS..