Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-02-07
Mean temperature. ................2O L
NEW YORK STOcK MARKET


NEW YORK STOCK MARKET.
NEW YORK. February 6.-Speculation
M the Stock Exchange was duh to-day,
the sales OF stocks amounting TO only
III. ~ shares. against 157,SB Yesterday
and 1880" on Monday.
The decline is directly traceabl' 10 the
delay in the bond issue. sim the mar
ket holds well for the reason that th"
street Is firmly convinced that the nego-
tiatl0ns for tn. Placing Of the bonds have
been successful. and that all that re-
mains is q announce the details Of the
deal Mr.. j. Pierpont Morgan was quoted
az saying:
IT am satisfied no announcement or a
bond issue will be made until after the
VOTE I'm the House on the Springer bill.
| am also satisfied that President Cleve-
land and Secretary Carlisle are kernly
alive to the situation"
This had great weight with operators
who wer. inclined 20 add moderately 70
their lines. Sterling eXchang' was also
weak r, and under heavy offerings by
houses supposed to be- in touch with the
bankers handling the new loan, posted
rates were reduced lie, 10 NN' Il ana
The rem wed activity on the part. Of
tn friends of the railway pooling OH III
the senate encouraged the bulls some
what. although h BE- doubtful whether
anything can be- accomplished at this late
hour London added to the bullish feel
INK by its purchases Of St Paul. Louis
vile and Nashville, and SOME Of the low,
priced issues. The recovery i'm corn anu
TFo gain I'm prices ranged from
u 20 3-S per cent. I.ouisyiHe, anl
Nashville, sugar Chicago Gas l.-ad' thr
Changers. Western Union, northern l.a-
cihc preferred. Erie and Missouri Pa
cinc an being prominent I'm the advance
I'm tn last hour named there were rraiE
cations. ana the gain noted was partldly
| lost Norfolk and West-rn common fell
10 S. and tn preferred 20 - Is. on
the appointment, Of receivers.
The market closed steady, with prices
anywhere from IL to Is per cent. hiSh
than ON yesterday. Lead lost 49, aho
| In the inactive list. Consolidated Gas
rose > H. To ~ l-21l2S -. United state
| Rubber sold at 4} 3-S. The directors To-
| dav declared the first dividend on thu
cent, and is payable March H., iSsj.
| At lat hour the posted rates o
sterling exchange We're restored TO >hN
ana hct Ha1' rates were sls7 - for sixt,
DAYS. SiSS l-4GfiSS - for demand, am
! si.SS 3-id4S9 j. for cables.
one Of the large foreign houses under
stood 10 b. heavily Interested In the pro
posed new government lodH' "'l' -
buy Of bills all day. The sum OF EV9,
| 90 in gold was Withdrawn from the SUB,
Treasury by the Merchants National
Bank to-day. It Is understood that the
gold will not be shipped 10 Europe
The bond market was higher.
The sales Of listed stocks aggregate
5000. and Of unlisted, &Oo shares.
MONEY AND EXCHANGE
Money on cali easy az lalle per cent ;
last loan at 1ltc and closing oner-
ed at il6c. Prime mercantile paper.
3lea4 per cent. Bar silver, 593sc. sterling
exchange weak, with actual business III
bankers bills at si.S7as4.S7ls for sixty DAYS
and s4SSus4.eSl6 FOR demand; posted rates
81 S7t6aSf. 40 commercial bills -. 90 -
Goyernmenr bonds firm. state bonds dull
Railroad bonds 1rmer.
silver az the board was 6OI9 bid.
STOCK QUOTATIONS.