Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-12-24
DARK CLOUDS BREAK
r,.t Relief and a Restoration Of Conf
ttnCe in Wall Strest.
WHAT WILL CONGRESS no,
.,crs sny That i'm Order Ia
uan,o,u tho confidence "''''re"
There Must Re Prompt
action az Wa>hingt""'


Action az
,...,,. december cS.-The dark
NnN , hume heavily over
r'-rle v.'-" '' -. .,.
>.., Works. tnanci"i ''''''''' '''
r.o .a,s began TO break ana r'i'
.,.. morning. ana the SitaW OF
aNa> ' ..., ..~c creeping throush
ssrr .s ;o,-onslv well
n Yartge c' -, ~.
...-.. ly thos WHO'S, '''
MAS radical chang, that
.. financial situation to-day.
..-....i,ut tho whole mar
H. ,.,,...,.,,,,,,.
I'i S''"''
... ..aty encouraged operators "h'
.-...-t a feeling OF great re-
..-. .r.,gl nee in operations.
,,....... ,,e, ,vor.. a
....... ,,,.,- ...,,,.,.-
, . .Nli'"
..- nr'ch clearly SheNs' N"l~" WAY
.- turning Bankers. brokers.
.t .,.iators were incxnros-
r,e,sa whose securities
.,,,r,,.rs, losses were hevny
rr, loss was reclaimed.
-, ,,-,r the rap.e9 elae Cf
-..-..v rieht were placed upon
t... .rfn hy ,h, rising tide. and
.. ur bad had foresight ecoueh 10
ana. .e crisis had l-ea reached
.... -.. ot business SATURDAY noon'
.ou-nt in 1t me lowest price
... .N..tIr- Win JOY anu p"ss couh'iis
rrts
market enjoyed a sharp recovery
. -rc re-i h.-nn'ng' due prnciia.iy
s latcr-r. cnanee ih L'huon l-s
--~Qt steps taken 10y me Assoela'eo
..s to relieve tne money i4'sSUl'
f.- "A i9'.a'.ee V- 'o~"
traf.- ana me t'SSl'.l-,S e' N'"
t- STOCKS "hich s-lie.'L l'c most
Jess ,. Wf-A Sno"e" gains oi il'.i 30
o'.i SA.uilsS o'os.liS iI'~-S.
o "s H.-",
-.F -o-U"'-' .-s d" '' -
'-i-''.Ns "3'''i 80 go
r'.-.t '4 .", .''l' ~. "~s gay.
a.-- -Mpri OF purchases 10y o~'S'"e
as is mary l. 60" .l-
..al II. Ft- l" "'".S i.Ng
81. raiNti a"oi'li's' .'v op.''.VH VI
and prohiaole investments.
Ir- .cFerins of shorts was aho'NeT TO-
2 t.ea-s feature
CONGRATULATIONS.
..t.-.+re- the dav was one for con-
-....... .+t.-s among Wall-street men. and
--.. - ne onerators who came 20 busi-
-... .- +r. morning with fear and trem-
..-r .af. in the evening with A light
... .~s 81 r~a,er of thanks
-. ...s ,,.,7a-isffv admitted thar the ac-
.- - trs hanks and trust companies
regard t1 the money market did much
relieve the situation. The leading IN
d t.tons supplied their regular custom
Fps among the brokers az per cent. nut
t7e stock Exchange, in some instances,
-u 81 t0 - Per cent was paid Tor call
OARS.
.r tra whole there was comparatively
.-.-- tgh-ness in the m0uey market. al
-rgh lt was quite exciting az times and
ans which ran ont to-day We're renewed
B. per cent before a regular rate was
.1ted. Holders Of good securities had
.t-le difficulty boz supplying their wants.
The large amount ~ money brought into
-e street by the outside public 90 pur-
rasa bonds and stocks was ereatly well
med. and did much % relieve the pres
rre
The two failures OF the day-one ON the
-.,ck Exchange and the other on the
.rsoliiated Exchange-wer- OF little inn
.r-ance and had no bearing ou The mar
..- settlements through the New York
* Exchange clearinghouse developed
weakness on the part Of any brokerage
-r.. althoueh lt was well understood that
several houses in the street which had
Qi-chei ty the big decline last We
r--. none too sound. The rally. perhaps,
s-l them from the disastrous storm.
NOW FOR CONGRESS-
.......-.. d.. -,,,. turned ,,r..r5 yyssr-
r-.-,.-.-- ..,-'-, .... a., s- 80
.1-'--.o- 49, '..'.- %.
-l '-- .'.-...s
'i aD'v 11''o- ~, ..- l..s...--.
,,, ~ -.-l-. 49,.
,,, S-,.i .i-,. 80 - -S d. ~
~ ~. - .,-s, ~ 49,. s',c,5.r dis
..''- - .--,.,..'. ,,.,ii -l,,,-, -,--
s -' 100. '..l. -. ~ .'.' -
.' ...'.- 80. 80 ,ai,or
-,s - ~, 49,. - -.
"o.- ,.,- :" az ,-so-r,sl '..- ro,feferces i,,
..-.- .,,,.- eaeii,,,, ts a., q,
Npes "'t .i'lii.V '..' l.,..i .'.V
-. niii4se-i .aAe -i'' iI.a'..i ~