Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1894-05-01
NEW YORK STOCK MARKET.

NEW YORK, April S0.-The lndustriais
again led the stock market both in point
OF activity and In advance. Sugar alone
figured for 1850 shares. ranging between
1913, and lO7as and closing at lO5ss-a gam
OF ~ per cent. for the day. the STOCK
completely oyershadowed transactions III
the general list, and at times the excite
nent ran high. The rise was based on
Washington advices that this company
as we'll as other Industrial concerns. VIII
receive all the protection In the shape OF
duties they require Lead was another
feature. and sold up TO 42ss for the COM
mon. and to ssh for the preferred. In
creased duties and belief that the divi-
dend would b. declared on the common
this week. account for the improve
ment. ,,
Chicago Gas. American Tobacco, Dls'lii-
ers. and General Electric also made
gains. but subsequently Chicago Gas
dropped from Giss TO G2ss. on reports from
washington that an application for an
order restraining the State Attorney
General Of Illinois from beginning quo
warranto proceedings had been denied
and that the Mutual Fuel Gas company
will be granted franchise by the 'oih-
mon Council tonight. American iopacco
held strong until n late hour when IL WAS
announced that Attorney-Generai Maiohy'
of Illinois. had decided that the company
was n trust. and doing business IN Vloia-
tion OF Illinois laws. II was inferred that
be would begin proceedings against this
copnany as soon az he had disposed or
the chicago Gas matter. II was rumored
an bond circles that one county In Iiil-
nois was in the local market for Dig
loan. Some had Il at S5,OJOOD. Naturally
details are refused. Dut 1t viii be inter
esting to watch .ihe outcome OF the eitor,S
of western officials to attract outside capl-
tai just at this juncture.
The high prices of the Industrials led
~ a reaction Of i2Giis per cent, Tobacco
leading. Railway stocks were firm al
the opening, but subsequently Burlington
and Quincy fell Ia. owing to raid by
hear traders. The other active railway
issues receded about u to y per cent. al
this time. Later there was rise al
along the line. st. Paul moving up is
10 e2i5: Burlington. l2s; Northwestern
~. Louisville and Nashville, =; Missouri
pacific. =: New York Central, Ia. am
Union Pacific. IA. At the close, wher
tho Industrials reacted, the railway ano
miscellaneous stocks declined in syInpa
thy. and left off about steady. but tht
changes for the day show advances oil
hala. per cent. Tobacco lost rs am
Burlington and quincy, Is. The total saies
were 2i60O0 shares
Railway and miscellaneous bonds were
strong.
Sales. listed stocks, 1900 shares; un
listed, l62, co. .....
Treasury balances: Coin. 800, 7Os,Oo; cur
rency. S1.7ls,ooo.
MONEY AND EXCHANGE.
Money on call easy at per cent; las'
loan at |. and closing offered at pei
cent: prime mercantile paper, Shdi pei
cent. -,
Ear silver. G3s.. silver at the board
quiet. ~.
Sterling exchange firm, with aetna
business in baHkers' bills at As'hHls.'
for sixty days, and sisS'4nLsSa4 for ds
mand; posted rates, stssi5; commercial
| bills. A.s6a4 piH
Government bonds steady. state bond'
| dull. Railroad bonds irregular.
STOCK QUOTATIONS..
1 lnav I. n