Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-03-21
Mesa temperature. .......... ....,
NEW YORK STOCK MARKET.


NEW YORK, March M.-The upward
tendency OF prices at the Stock Exchange
was checked by reallzatOns. but still az
the end Of the day quite a number OF the
prominent issues showed gains. \ feature
OF the trading continues to be the in
quiry for the low-priced stocks, such as
the Bituminous Coalers, General Electric.
Southern Railway common and preferred.
and Chesapeake and Ohio. The rise In
the two last-named was generally as
cribed to people identified with the reor-
ganlzation OF the properties. The i'm
provement In the Bituminous Coalers was
due to the ratification OF the Ohio pro-
ducers' agreement, fixed upon in this city
last week.
General Electric felt the influence Of the
covering of a long outstanding short in
terest. According to close observers OF
the market, certain operators who have
been credited with making a fortune on
the bear side OF the stock in 1893 have
recently been chipping out some OF the
money made on the break. one reason
for the strength of General Electric and
its rise to 80 to-day is the general belief
that the annual report now about due
will BE- exceedingly favorable.
Distilers was active and IN demand, the
price moving up TO 10 i-2 for the stock,
and 10 II Ia for the Manhattan Trust re
ceipts, Just listed under the reorgunlza-
ton The buying was based on the set
tlement OF existing differences with the
American Distributing Company. Tue
Anthracite Coalers were Irregular, but In
the main firm.
Delaware and Hudson. I.ackawanna. and
Reading scored gains, but Jersey Central
was inclined 10 sag, and fell from ~ IL
TO S2 5-S. The presidents of the companies
are to meet In this city tomorrow to take
up the matter OF percentage IL Is tN,
pected that the conference Will extend
over a couple OF days. The Reading, II
was again stated, Is willing TO modify It's
demands.
The Changers were less active. In the
morning hour the market for them was
firm. but later In the day a decline or
l-Sa5-S per cent was noted.
In the Industrlals American Sugar was
rather unsettled. and ranged between
- is and ~ "a, closing at ~ Is. Tne
theory in the board is that the Have
meyer following has sold considerable OF
its speculative stock, and that until thiS
is absorbed the E'arket viii probably rule
weak.
Speculation lett on irregular Out Ill the
Net changes show gains OF l-sol IL per
cent. in Distilling and cattle fesding; 10,
bacco. General Electric. Hooking Coal and
Iron, Nickel-Plate preferred. and Read
ing, and declines Of l-Sd1 3-S per cent. IN
the other prominent issues. Inc totai
sales were 209. AS shares.
The market for railway ana nllscelia-
neous bonds was active and higher.
The sales Of listed stocks aggregate
ISL go. and Of unlisted stocks. 5000 shares.
Treasury balances: Coin. $3.50. Co., cur
rency, SO 49, 900.
MONEY AND EXCHANGE.
Money on call firm at 2e3 per cent; last loan
Of . uer cent. and closing offered a. pei
can't. Primo mercantile paper 40 per cent
Bar silver, 633sc. silver at the board' O4c
bid. IA. ., ,,.,
sterling exchange easter, with actual bust
,.ss In bankers' bills ut SiS1AaS4SS fo'
sxIv DAYS and s4.S9as s9A for demand
posted rates. s4SsH,sf0O; commercial DIS
81 S6lSat4.S7Ii. ,,,,,
Railroad bonds active and higher.