Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-03-06
NEW YORK STOCK MARKEr

NEW YORK. March london buying
orders suGcned the local stock market 1T
the opening, snd prices moved up l., 20
T., per cent. The cessation OF lquidltious
for foreign account infused a little cour-
age into local dealers. and commission
houses also reported . better Inquiry from
outside sources. The good feeling. how
ever. wa soon destroyed by break IN
Chicago Gas OF rs. TO 70. on the announce
rad signed the Ogden gas ordinance. after
all The impression had prevailed here
that the measure would be vetoed, and on
this theory there was some covering 81
shorts and buying for the long account
late yesterday. The action Of the Mayor
lei to complete change OF front this
morning, and not only was the stock ace
cumulated thrown overheard, but a new
short interest was made.
The decision Of the United states Su-
preme Court L. still affecting General
Electric securities. and the stock fell /,
10 2ji26k, and the dcbcntures /, to $50.
There was quit" q struggle In American
Sugar and AZ the end the bears had "a
little the best OF H. the stock closing MT
70. after selling at " ,u1s Rum0ri
about the dividend were plentiful IL ia
now asserted that the regular rate will
be maintained. but the sum Of money
required Will be taken from the COM
pany's surplus.
In the afternoon the market drlfteI
into duiness. but near The close trading
became more brisk, owing 10 efforts 10
cover short contracts. In this movement
the high-priced anthracite c0alers were
most prominent, jersey Central rising >.
q Ns.DNis. and Lackawanna :. TO lJs1s
The iast-named subsequently Toceied Ia
panied by reports OF a probable early set
tlcment Of the troubles about the allOt-
mcnt question. but nothing definite de-
NelOued about the matter. So far "A
L. Of tho h-pO nil Z "a
has not reached the President yet.
The Changers and Vanderb!lts ruled
stronger, on covering OF shorts. The BIZ
luminous coalers we're quiet. pending the
outcome Of the meeting OF Ohio pro-
ducers in this city tomorrow.
In the specialtles pittrburg and West
ern preferred advanced ~. TO g. on the
increase In February earnings OF $O.$s2.
10 61ie. and the common rose l1a. 10 2i'e
29i4 Tobacco sold up ga. 10 @A4'ls4,
ana Canadian Pacific fell ~. 70 Il.
Speculation closed firm. with prices any
where from ~ 10 ia pr cent. aboye yes
terday's finals General Electric lost a.,
Sugar = and Chicago Cas- / per cent
The total sales We're 1921 shares, against
2,S.4l6 yesterday sterling exchange at
tractad less attention. ana while II
closed strong at the high figures recently
ruling. the market was considered 10 be-
tonDv and feverish. The bond market
wa. irregular at the Stock Exchange, but
outside dealers report an lmproVeh IN
The sales today Of listed stocks aggre-
gated 10. 90, and Of unlisted stocks 5000
shares 80, ,,,,, ana. -
Treasury balances: Colu, ss6,OoO,OOO; cur
erncy, s73,8i 1000.
MONEY AND EXCHANGE
Money on call has been easy at l19a2 per
cent: last loan At = per cent, ana closing
offered az ? per cent Prime mercantile pa
per. 4a4ls per cent 49,
Bar silver, 60s.c. Mexican dollar', 451ec.
Silver At the board. 6OAia5lc.
sterltus exchange nrm. wish actual bust
nesa IN bankers bits At - S7lSat4.S7I for
stx,y DAYS and 81 s9s4S3A for demand;
POSTED tates, a. SS1egfiOO: commercial bills,
Goyernmen, bonds lower. State bonds dull
Railroad bonds irregular.
HTnCK Quotations.