Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1894-03-20
Mean temparature. II s.
NEW Work. STOCK MARKET.

NEW YORK, March i5.-The Indus
trials predominated In the stock market
to-day. From the start these stocks were
In brisk request, and especially Sugar ana
Lead. and under comparatively large
buying orders. scored good gains. Sugar
was bought on Washington advices that
the Senate would recommend a protection
OF &c, as well as color-test, winch
would favor home refners.
Lead was taken by firms identified with
inside interests. Chicago Gas was a no.
table exception. falling 12s per cent. on
a report from Chicago that the Attorney
General would press the suits now pend
ing against the company for alleged vlo-
latlon of its charter. Later on, raiiy
to Gii4 took place. Whiskey first advanced
to ISIS. declined to 2sl.. and rose TO Zp
2G7s. II was again stated that the COM
pany had come to an agreement with
its distributing agents. Officials are So
Letting proxies for the annual meeting
which is to be held next month.
The Improvement in the Industrials
finally led 10 purchases OF railway stocks,
and a higher range OF prices was estab-
llshed. The important gains were sugar,
27s Lead, III; the preferred Il; General
Electric, 19s; Manhattan. Is; Northern
Pacific preferred. rs; Baltimore ana
Ohio. 1: Big Four. q; Missouri Pacific,
X. and New York Central, per cent.
In the last hour OF business a DISPOSE
ton to accept profits was manifested re-
sulting in a general decline OF u TO Ia
per cent. Sugar leading At this time
New England and Cordage developed
heaviness, the former declining lB and
the latter %. per cent. New England was
lower on an official statement that the
company would require more money than
at first supposed to be put In good shape
IL was inferred from this that the as
sessment on the stock would be very
heavy. Weak holders sold. and IN the
absence OF support the stock yielded
readily. Cordage broke on the attempt
of q bobtail pool to liquidate. In the
specialties American Express rose "a pei
cent: the preferred, 3l2; Edison Electric
2t5. and Big Four preferred. "a per cent
In the final dealings. apart from the
reaction noted In the general list, thers
was a recovery, and the market left OH
firm.
The probable action Of the President
in the matter of the seigniorage bill was
much discussed in official circles. Lead
ing bankers are positive that the Presi
dent will veto the bill, and majority o.
the stock operators concur in this bellef
There is a contingent, however, that II
of the fixed opinion that the PRESIDENT
IL he does not sign the bill. will allow |
| to become a law through the lapse o
| time. and they are backing up their iue;
| by sales of short stock.
| The total sales were $4,000 shares.
Railway and miscellaneous bonds wer
| strong.
Treasury balances: Coin, slol,4is,"
| currency, AG,2is,0Oo.
| MONEY AND EXCHANGE.
Money on call easy at ! per cent; las
| loan at |. and closing offered at pc
cent: prime mercantile paper, 3'2lo4's pc
| cent.
Bar silver, 59la. Silver at the board neg
lected. 49,
Sterling exchange firm, with actua
business in bankers bills at Si.Slha hs''
| for sixty days, and stSSAa4.s9 for de
mand: posted rates. $4.sSats9l9; CONNER
| cIal bills. si.ss%Gi.S7 for sixty days, an
81 Ss1.Ge .SSi5 for demand.
| Government bonds strong. state bond
dull. Railroad bonds higher.
| STOCK QUOTATIONS.