Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1894-03-06
winds.
THr WEATHER IN RICHMOND YESTERDAY
was bslmy. clear, and enervating. The
sky at midnight was cloudless.
Stata Of tnarmamptpr.
Mean temperature. northumberland
NEW YORK STOCK MARKET.

NE.W 1ORIN
NEW YORK, March 5-Hopes OF modi-
fed TARIFF legislation by the Senate
started up lively bull speculation at
the Stock Exchange to-day. The feeiins
was more confident than of late. ana the
unfavorable features of the situation were
not permitted 20 exert any influence on
the market. Sterling exchange was
stronger than ever, making further gold
exports tolerably certain. In fact. unless
there is a material increase In CONNER
cal bills before the end OF the week.
the French steamer will take out some
gold, and Il il quite likely, the agents OF
foreign bankers say. that an enluX 10
London may set in shortly. Neither the
likelihood OF an outfowlng of the yellow
metal. however, nor the poor exhibit
Of earnings made by some or the roads
for the fourth week and the month OF
February served TO check the bullish
tendency So far as railway earnings
are concerned. operators were disposed
to accept them "a a reflection OF past
conditions, and not forecast OF the
future.
American Sugar was the good specula-
tive card. This stock advanced steadily
10 -, closing at Nat. Nearly l2,WO shares
were traded i'm. and the dealings were
attended by considerable excitement Inc
ris. was assisted by reports that the
regular dividend Of 3 per cent. on the
stock viii be- declared 10y the directors
this week The rumored formation OF
a bull pool 20 take 5000 shares OF the
stock did not receive much credence. Inc
preferred stock jumped Az per cent,
10 $50. Le,ul General Electric, and
Whisky were also in demand. Leap
common advanced rs per cent, preferred
pa, General Electric, 2ls. ana w hiskey'
= per cont Chicago Gas trst rose -
per cent. TO e5i3. ana thrn lrn 10 o-lt
on The revival Of the old Hyde-Park
opposition and rumored action by the
chicago Common Council az their session
Tonight detrimental to the old concern.
Later on there was sharp rise 10 bit'
The western railway group attrdcteu
more attention than for long time past
and there were evidences that the bears
I'm these stocks had been deirdlSu.
Brokers who have a monopoy o. VIZ
business of the Lakewood uptown pealH
CLIQUE were liberal buyers Of the Gran
gers. and their purchases stimula,eu tly
inward movement. 81. PAU adNahcel
2 per cent: Illinois Central. IA hock
Island. Is: Burlington ana quincy ~
and Northwest. -. The SouthweslerllS,'
AND notably Kansas and Texas preferred
and Missouri Pacific were stronger on
a more active business. LoulsVllie anu
Nashville fell - per cent, TO- us anu
rallied to l7a.Gi7iZ. This stock was de-
pressed by the big loss in February earh-
Ings. .,..,
The general market was strengthens l,,r',i
by belief that the 81. PAU ana AIli l,.,,-
can Sugar directors will declare the r'Eu-
Jar dividend at their meeting this week.
The market closed strong, with an
advancing tendency. ... -,-
The total sales were $4,000 shares.
Railway and miscellaneous bonds were
very strong and in excellent demand
MONEY AND EXCHANGE.
Nonov ON cain has been easy at | per
cent: loans at |, and closing offered ~
per cent: prime mercantile paper ="
AZ per cent. u ,-v
Bar silver. 5Sa, Mexican dollars, IA
silver at the board neglected.
Sterling exchange strong, with actual
r,,s,ness IN bankers bills at SiSuibIis
for sixty days. and shSs.ht1SS,a for dT-
mand. posted rates. SLssi iSsls; COMMIT mr.
very strong and in excellent demand.
Government bonds firm. state bonds
ou,. Railroad bonds strong
.rnru nr-nT ATOMS