Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-03-15
Mean temperatures. 81
NEW yORK STOCK MARKET.

NEW YORK, March 1.-THE uncertain
ty regarding the dividends on ST.
Paul and New York Central led to n
rather irregular speculation at the Stock
Exchange to-day. At the start Sugar was
strony. promptly recovering most OF
its dividend, selling up~is>10l i-2, which
is equivalent to l0i l-2, dividend on.
The Changers were easier. ST. Paul
sold down a fraction on the reiteration OF
the reports current for a week past that
the dividend on the common stock wouid
be reduced to 1 per cent for the
six months. This was subsequently borne
out. The action Of the directors was not
made known until after the close OF the
Stock Exchange. Vice-Presldent Bond. In
an interview. stated that the action
Of the directors was unanimous, and That
the company really earned IL per
cent. on the common for the period Tor
which the dividend is declared. The ior-
eigners sold this stock. but their oifer-
ings were absorbed. and in the after
noon there was decided improvement
In the anthracite coalers which LED 10
n better feeling all around. Jersey Cen
trail. Delaware and Hudson. and laeka-
wanna were notably strong. Jersey ~
from Isl "a to 100, and Delaware ana HUI
son from l2i 3-i 10 l25 '-s. .,
Jersey Centrars rise was due IN Breat
measure to the covering OF snort con,
tracts RumOrs OF an early settlemcnl
OF the disputed allotment question stliien-
ed the other anthracite Issues.
New York and New England SOLO ny
to 80 IL on the progress making LOOKING
toward the reorganization OF the pro
perty. Manhattan advanced LIS, Zen
eral Electric |. Consolidated Gas | ~
Cotton-Oil |, Louisville and Nashville 10y
New York Central rs, and the otner ieau-
Near the close Sugar fell TO SO "a, on
reslizat tons. and the general list ran on
l-SG7-s per cent. Jersey central ana
Northwest were most prominent nun In 'i ,o
20 7-Sd99 SIS, and the railway group also
developed more steadlness ana lett OH
firm. A.. ,,.r,o,,as
and New England which rose l62 Ia per
cent. were fractional either way, me
bltuminous cOalers ruled nrm, tockinS
Valley selling at 23N2L Whseilhs anu
Ike Erie at 10 i-SGl0 SIS. and do. pre-
E f.rTed i'' IS 3otaH ii. In the specialties.
Great Northern preferred rose ,, TO lw.
The total sales were 1882 shares IN
clnding &. 100 American Sugar. lI2O Jer,
sew Central. and 1900 New YORK anu
The decision OF the New York Central
directors in the matter OF dlViuehu ,r,
awaited with interest by the STREET w
directors will meet tomorrow Tor hctlou.
Nothing has developed TO indicate the ~
rectorsP policy, and the street OPINION Is
divided as to whether the regular rae
utIi he maintained or not To-day II the
rr,ca no a criterion, the believers III tne
reSnlar rate were in the majority,
The activity in the railway-D0nu n NIT,
ket attracted considerable attention. inc
demand was brisk. especially Tor the
AtchIson issues which were benehteu py
the announcement from London that
svndicate to underwrite the feoreaIi.a,a-
lion nlan had been formed the pan; the
salient points OF which have already D.ei,
pIven out. will be officially proinulga'eu
early next week.
Tba hond-market was active ana strong;
THO gales OF listed stocks aggregatea
10 90 shares. and Of unlisted, 73OoO shares.
MONEY AND EXCHANGE
Nousy on call has been easy at y per GEM.
last loan at ~ per cent. and closing onerso a.
IL osr cent. Prime mercantile paper f>sao per
cent ~ ,,.,,., ,o,,.rs AoL Sill
vap a, the board. Gltsc. bid: 6iMc. asked.
starting exchange frm, WITH sc,uhi pus,-
49, in baukers' bills at e4sIAasfso1} Tor
s,x,y DAYS and s4.s9Aas4 osh for demand
no.t.d rates, s4.ssIass+sO; commercial DIS
a. sos{ls4.S7ls s,.,. ,ora. Anil.
Railroad bonds strong. .a- on, ooo. .,,
Trassury balances. Colo, es7,322,O00; cu''
rsncy, s72, $4,000.
STOCK QUOTATIONS.