Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-11-02
Tur WEATHER IN RICHMOND YESTERDAY
was cloudy throuyhou; the day. Rain be-
gan 10 fall shortly after IL p. NJ.
Sta.a If thermOmetpr
NEW YORK STOCK MARKET.

NEW YORK. November lit was
norrow and professional market at the
stock Exchange to-day. The approach
ing elections and the holiday in London
added To the dulness. and commission
houses. as a rule, were complaining OF
the utter lack Of outside demand. sun,
the undertone was decidedly firm. The
frmness. in the face of the continued
strength OF sterling exchange the sell
ing-rates being up to the top notcn' ana
reports that the Bank Of England had
raised its price for gold, is due entirely
TO the desire on the part or operators
10 even up their contracts The big
hears. il is thought. took advantage OF
the break here earlier in the week, caused
hv the slump in the European mar
kets and the break in Electric stocks in
Philadelphia, but the smaller operators
have still 10 cover.
Notwithstanding the stiffness OF sterling
exchange. no gold was taken for eN-
mort. and the leading bankers are
ratha- inclined to believe that none viii
b. forwarded next week. II is too early.
however to make predictions with any
degree Of certainty. Evidently. the bears
nIaced very little reliance in the reports
Of gold exports. and whenever they could
nick up stocks without advancing prices
materially they evened up their deals.
The declaration of the regular semi
annual dividend by the Pennsylvania
road. and the splendid statement OF the
New York Central for the September
quarter rather encouraged the bulls, nut
did not lead to important purchases. The
transactions fen below yesterdays total
I'm to-dav's total Sugar alone fig red for ~
s,0 shares The stock was heavy through
AT and sold down from l02 IS TO 100 5-ST
fO7-S Refined has been reduced Is.
and the refineries are TO be closed for
, coupie Of DAYS. according 10 Treasurer
Searles. who stated that the shutdown
S usual at this time of the year. for
no purpose Of making repairs.
Pacific Mail was another weak stock.
breaking from 30l-2 TO = L. Subse-
,uentlv. rally 20 p IS took place. The
break was due To the withdrawal or the
Panama railroad people from all nego-
rfations with the steamship company.
Louisville and Nashville at one time sold
lov-n 10 So on the decrease in its
;entemher net earnings of $lls,2n. From
Iulv Isl 10 September Goth the net earn
ngs were Sl.72S.3g7. "A decrease Of Sll5-
tSS as compared with the corresponding
1erlod I'm 1894.
The General run OF prominent stocks.
hovever. held very firm. and improved
tnvwhere from II to ! 81 per cent. the
alter in Lackawanna. In the inactive
s,ocks. Wells-Fargo Express brought %,
against 100. the last-reported sale. IL
inois steel sold up >, TO %.
The market closed firm. and generally
fraction higher on the day. Sugar lost
81 and Pacific Mail ? Is per cent. To-
,,cco which was second i'm point OF ac-
.iyitv' figured for only 800 shares.
Ponds were lower. The sales footed up
t2s9.O0
Treasury balances: Coin. SSS,67i.SS5; cur
-ency. S96,2H,SH.
MONEY AND EXCHANGE.
Money on call easy at IL per cent;
ST loan at >. and closing offered at 2
lime mercantile paper. 5a5 Ii per cent
Par silver. g. SIS. Silver at the boari
neglected.
Sterling exchange irm' with actual
business i'm bankers bills at si.N 3-4a
n * for sixty days. and Sass 3-4nsi.S, for
lemard. Posted rates. Sass l-2aN.s9 H.
all bills. Sass 3-ifiSi.6 IL.
Government bonds steady. State bonds
,uiet Railroad bonds easier.