Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-04-16
Mean Temperature. ...............a s.
NEW YnRK sr.1rK MARKET.

w ~ lVfNn - ~ - VI AINtAAsAs
NEW YORK. April lJ--Speculatiol at
the Stock Excange was decidedly strong
again to-day, and. besides. business was on
a larger scale than Of ate. The sales Of
stocks aggregated 2}7.10i shares. while
I'm bonds the sales reached the enormous
total OF g. $50 90 'he business being I'M
usually well distributed. The feeling was
confident, president Cleveland's letter,
in which he again declared himself In
favor Of "A sound currency. having hal
much to do with the appra ,!ation in the
prices Of securities. The latter was in
tepreted as meaning that The radical s4i-
yer men i'm the next Congress viii not
find their path as smooth as expected.
The rise I'm grain, cotton and petroleum
also made many bulls. and the fact that
the iron market is looking up had It's
influence.
From abrao2 reports were received
that American stocks and bonds were in
better favor. and these statements were
backed up by orders for European spe-
cialties, sucn as louisville and Nashville,
St. Paul, Denver preferred, and the
Northern Pacinc. Local commission
houses reported a better inquiry from
home operators, and In fact that market
showed a broadening tendency.
Prices advanced II, TO SIS, for the rail-
way list. the Changers being especially
prominent. owing 10 the closing out OF
long outstanding shorts. In the Wander
bilts Michigan Central made new hlsh
record, selling up To 100. Lake Shore got
above Saturdays figures, ana touched
If2 3-S, the best in years. st. PAU ana
Omaha preferred, which has not been
traded In for weeks, brought 100 IL. The
last sale reported was AT lO4. The Anthra-
cites ruled strong. There wa. no meet
ing Of the presidents, owing 10 the aD-.
Reading receivers.
In the Industrials Sugar moved up ],
to 1914 3-SQl0i Is, the statement by lead
ing official that the demand for refined
had improved being mainly responsible for
the rise Tobacco sold up points. 10
90. ex-dvldend, and subsequently there
was u reaction TO 56pB II. 1he annual
report submitted to-day was favorable.
showing u surplus for the year OF nearly
100000. Leather stocks jumped l-2ql o-6,
but later declined SIS. for the common, 10
L. 3-S, and 3-S 10 Is IL for the preferred.
In the final dealings, on sales 10 realize
profits, the market showed some lrregu-
iarity. Atchson and New England were
rather weak al this time, and declined
Speculation left OF Irregular but in the
main firm. Net changes for the day
show gains of l-ial Is. Bonds were In
brisk demand. and a further sharp rise
In prices was recorded. Inc INQUIRY
The The sales of stock included $4,000 shares
listed and $500 unlisted. .,,.o,oon.
Treasury balances: Coin, $sibotUo'
currency. SCI 10000. ooo,o
Money on call steady. at 1-242 IL per
cent; last loan at per cent, and closing
offered at per cent; prime mercantile
paper. l-2n5 per cent. $780,, s,u,rs
Bar silver. e. de; Mexican doliars'
52c silver al the board sold at 81 7-Sc.,
Sterling exchange firm. with actual bnsis
ness in bankers bills al A.SS l-4p$lSs IL
Cor sixty days. and $3.50 1-lnA.Sg IL FOR
demand: posted rates. N.s8 l-2GSL%; COM
mercial bills. sh6I l-2dS4.0S.
Government bonds, firm. state Dohus
higher Railroad bonds strong
sroCK QUOTATIONS.