Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1894-12-07
TEE wrArHrs m RscHMoSp YrsrEsDAr
was clear and cold. The skies at midnight
were cloudlsss. A heavy mist prevailed.
NEW YORK srocK MARKET.
State OF tnermomeferi

NEW YORK, December 6.-The action
Of the American Sugar Refining Company
directors ct the meeting yesterday In de-
claring the regular dividend on the COM
NOM stock, Notwithstanding the gloomy
statements Of the president Of the COM
pany and the condition OF the refining
industry, led TO a rush to cover short
contracts at the opening OF business this
morning. The stock. which closed at @t,
opened anywhere from S9A TO 90, 600
shares having changed hands almost in
simultaneously with the drop OF the chair
mans gavel The advance led TO heavy
sales, and the pressure of long stock
finally forced the price back to SsAQsS4.
This selling was based on the idea that
the statement to be given out by the
insiders as 10 the workings Of the Wilson
tariff-law would be OF q decided bearish
character. The transactions in the stock
aggregated i55, 800 shares. making the total
sales thus far this week $4,000 shares.
Reading was decidedly weaker. and de-
clined /, to l4tl The bonds fell VI TO rs
per cent. Rumors were current to the
effect that the Earle-olcott Commission
had run against snag. They, however,
were denied by Philadelphia people In
terested in the scheme. The Rice faction
have called public meeting OF the Sc
curlty-holders In this city next week. The
Earle-Olcott Committee are scheduled to
meet here tomorrow.
Chicago Gas was pressed for sale. and
dropped a point, TO IlA. Wnlskey ana
Lead were stronger than or late, rising
to 9A and 39Ik, respectively.
The Changers met with better support,
and on a more active business advanced
anywhere from II 10 IA per cent. Inc
belief IS gaining ground that congress
will pass some sorl OF amendment TO the
Interstate commercially permitting pool
ing.
Plttsburg and Western preferred and
I.aclede Gas were benefited by their state
ments of earnings, both companies snow,
ing fair increases in receipts as compared
with the corresponding period last year.
Pittsburg and Western preferred rose to
S2lR, bid, and Laclede Gas to 24H,
The Withdrawals of gold from the Treas
ury Department and the reports or ship
ments By Saturdays European steamers
had no influence. So far az exports are
concerned, II can be said that the leading
bankers do not know themselves at the
present writing whether shipments VIII
be made or not this week.
The market closed from II TO y per
cent, higher on the day. Sugar lost 2lt
per cent, Lake Shore /, Bay State Gas
"a, Chicago Gas y, and Reading y. Con-
| solidated Gas gained ~ per cent The
| total sales were 1853, $50 shares.
THE bond market was active and strong
The sales OF listed stocks to-day aggre-
| gated $500 shares, and OF unlisted leS.'
Treasury balances: Coin. siOs.227,Ooo; cur
rency, $e9.6AOoO.
MONEY AND EXCHANGE
Money on call easy at lglh per cent!
last loan at /, and closing offered at
per cent. prime mercantile paper, Sg4 pei
Bar silver, Ga. Silver at the board, 81
bid.
ness i'm bankers bills at AT for sixty
days, and S4SSA for demand; posted rates
| s4S7IkQ4.S9.
Government bonds steady. State bonds
dull. Railroad bonds strong.
STOCK Quotations.