Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-09-05
NEW YORK STOCK MARKET.

NEW YORK, September 4-Speculation
at the Stock Exchange continues to grow
steadily. the transactions In stocks to-
day having aggregated 434,1A shares, and
in bonds, A,443.0O. In stocks, Reading
figured for $500; Sugar for 5000 st.
Paul for $500, and Atchison for 2i.SOo
In the bond department Reading also
figured prominently, $4,000 Of the COM
pany's issues having changed hands.
In the early dealings the market was
irregular, but In the main firm. Profess
sional operators were free sellers Of the
Grahgers, one leading trader having sold
at leact 5000 shares OF St. Paul. presume
bly, on information that the new trust
was making efforts to turn paper profits
into cash.
l. London was also seller Of the stock.
and its sales. according to competent au-
thorities were fully 10000 sh0es.
Withdrawals of $4,000 OF gold from
the Treasury for export also gave
the reactionists fresh courage. and they
made efforts In various parts of the list
to bring about liquidations, but without
success to speak Of. The low-priced is
sues were strong throughout. and the
business therein was on a larger scale
than for a long time past. Prices were
also decidedly higher, some Of the stocks
referred to having gained as much as
1-2Q2 per cent
In the afternoon the market was
strong to buoyant, Under the leader
ship OF the Anthracite Coalers. which
touched the highest prices OF the year.
Lackawanna rising TO 1871; Delaware and
Hudson to l5i7-S: Jersey Central to-
ZIG IL. and Reading to % 5-S The minia-
ture boom in these issues was due to
revival OF the old report that the COM
panies had arrived at an agreement as to
the question Of coal prices. 1t was also
said that the assessment on Reading
will not be as large as at first sup
posed.
The sharp rise In the Coalers led to
covering by bears, and repurchases by
sold-out bulls, and the market closed
strong.
Buying at the close was Influenced
chiefly by the announcement that the
bond syndicate had turned another 81
10000 gold into the Sub-Treasury, which
restores the Treasury reserve to the ira
ditional 500. o00. Gonna
In the Industrials Sugar bounded I'D
IL per cent. on covering OF shorts, and
cents.
Tobacco andvanced to 95 SIS and sold
down to 90 3-4ae5. Outside manufacturers
met to-day In this city. and 1t was given
out that II was the intention of the
so-called new combination to enter into
the cigarette business.
Speculation closed strong with prices
anywhere from IA to 1-2 per cent. higher
than yesterday. The demand for railroad
and miscellaneous bonds Is increasing. and
to-day the transactions were larger than
on any day since the present upward
movement was inaugurated
The sales Of listed stocks to-day aggre-
gated 35S,0O0 shares, and Of unlisted stocks
5000 shares.
Treasury balances: Coin. 500. 4l7.oOo; cur
rency. $s3s4o,0oo.
MONEY AND EXCHANGE.
Money on call easy at ! per cent:
last loan and closing offered at per
cent. Prime mercantile paper. IL
| per cent.
Bar silver. @7-s. Silver at the board,
| quiet.
business in bankers bills at N-ssQA-S9 IL
Tor sixty days. and $50 s-4@$f90 for de-
ruand: posted rates, A.S9qA90; COM
mercial bills xssq$4sS1-2
| Government bonds frm. State bonds
| anil Railroad bonds strong.
| STOCK QUOTATIONS.