Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-05-07
Mean temperature. ...."..
NEW YORK STOCK MARKET.


NEW YORK, May s.-Speculat!on at the
Stock Exchange was characterized oy
strength almost throughout the entire
day. The only weak spots In the market
were the Anthracite coalers and chicago
Gas. The frst-named ruled strong until
late in the session. when Reading ran OH
from II IL TO IS IA Jersey Central from
90 "a to 95 1-2; Delaware and Hudson
from 1873 "a to 129. and Lackawanna from
i6o is to 1853 Ia. Lackawanna subse-
quently recovered 10 l6O
READINGS weakness was due TO reports
that the Earle-Olcott contingent had part
ed With its stock. The old rumor that the
big New York companies were seeking
the control Of Reading failed to check the
declining tendency OF the shares.
Chicago Gas held well until the iast
hour. when the price broke point 10
z 2-S. Western firms were promihen'
buyers OF the stock during the early trau-
ing, the veto OF the frontage Dill NOT
having materialized.
The general market ruled strong' anu
the leading issues, except those just re-
ferred TO, were all in demand. LONDON
bought literally Of rs fa yarn,,on a" Of
bonds for European account II is an
nounced that Barring Brothers have pu.
chased $4,000 Minneapolis Great Wes.,
Railway Company. The shipments OF se-
curItIes 10 Europe this week, accordlns
TO present indications. will be very neeny.
The sterling exchange market ~ Iernns
the influence Of the heavy drawin .Ss
against these purchases. and to-day .ns
market wa.s positively weak, ana poster
rates were reduced l-2c.. to sissH As9 l-I
In addition to the weaknesS OF s ,.sa =
ling exchange' the marH @ ior In, y in The
spring wheat region. This led 70 goou
buying OF the Changers. and these lssues ,
scored material gain. II is understoou
moving. and that the April statements
will be far better than generally expec''
In the Industrials, Sugar was the spe,,
cial card. The stock touched no s anu
Trading was heavy. &c. 100 shares changing
hands The rise was due 70 tne iur'n ne
advance in refined. II Ia stated tnat tne
big refineries are not a"s,o S or ro' ,nc,ined
to hold off for higher price, D 9S,n n
and Cattle Feeding rose to - l.zals; on
the announcement that spirits ana hlgh
wines had been BLOCKS s. Lake Shore
rose to IA ~ the best In years In me
inactive issues. Canadian Pacific rose
IA. Nickel Plate first preferred, 70
S,,ed Cas- 3 10 liz: Chicago and Eastern
Illinois preferred s nret to e ~ to e n
louisville. New Albany. and Chicago
preferred, 7-s. to %; Mexican @, Contra
5l-s. 10 I3. and Minnesota and ST. Louis
preferred, l-2, to IS. A..
Speculation closed strong In ton; Ne.
changes show advances Of 1-4ql rs per
cen Reading and Jersey Central. how
ever. lost i-4q3-s. Railway mortgages
,ysre IN brisk demand.
Treasury balances: Coin. sS2.4s9.oO; cur
rency. s5s.Oss.coo
MONEY AND EXCHANGE.
>fonsv nm call easy at Ia per cent.
last loan al / 10. and closing offered at
IL per cent; prime mercantile paper
Rar silver. IS "a. Silver at the board
dull. -, ..,.. o.,,,.,
business in bankers, bills at at AI - I-% SeS
,iSs "a for demand: posted rates. $tSSp
$50 IL; commercial bills. A.ss $40 s iM:
Goyernment bonds higher. State bonds
strong Railroad bonds active.
STOCK QUOTATIONS.