Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-01-29
Mean temperature. observation-disclosures.
Nr,r YnpK ernck NfARKET.

NEW YORK STOCk MAXINE 81.
/ NEW YORK. January 2s.-Stocks were
| less active. The course Of prices was
irregular. but at the end OF the day the
leading issues. as rule. were any
where from IL TO 3l-2 per cent. higher
than at the close yesterday. The irregu-
laritv was due TO pront-taklng. and
selling by professional operators. who
were disposed TO work FOR a reaction.
London was q seller OF 81. Paul
ana Louisville and Nashville, but most
foreign houses were given Up as buyers
Of the Readings.
When IL was demonstrated that but
little long stock could be forced out the
professional Traders once more took the
hull side Of the account and in the
late trading prices moved up steadily.
At this time the news and developments
were OF an encouraging character The
posted rates Of sterling exchange Were
reduced - per cent. 70 Na II and
SiSg: the Kansas Pacific DOndhOlders
endorsed she Union Pacific reorganization
plan. and rumor had IL that the
subcommittee OF presidents recently APP
pointed 10 SETTLE the question OF pro-
ceedings in the matter OF percentages in
anthracite coal production had reached a
settlement This. with small offerings
Of funds by foreign houses. contributed
TO a more confident feeling as TO the fu-
ture OF stock prices. Reading was
helped by its good showing Of earnings
for December and buying by brokers
said TO be Identified with Morgan in
terests.
The real feature 4 the late trading was
Sugar. which advanced 10 los Is. yes
terday's short sellers. on reports that
the Reichstag would pass d bill increasing
the export-bounty on beet-sugar, having
been eager buyers. and the rumors nav
ing failed 10 materialze.
Speculation closed strong. Net changes
show gains Of IA TO per cent. on the
dav. Consolidated Gas. however. gained
3 per cent.
Bonds were strong. The sales were
sls51.Oc0
15O.72s shares and OF unlisted i2.46'
shares.
currency. SSo,26i.97s.
MONEY AND EXCHANGE.
Money on call easy, at 3af per cent;
last loan and closing offered at per
cent. Prime mercantile paper, sal per
cent.
,,,siness I'm bankers bills at $3.50
Slse1-9 for sixty days. and NSSd S. IS 10
TO- demand. Posted rates. Si.7 l-2y
ESQ Commercial bills. 1886 t-4aSi.S1 Ia.
silver at the board was neglected. but
strong.
dull. Railroad bonds hrm.
STOCK QUOTATIONS.
Cioslss Bids
American Cotton l.....................-.. 1917
American Cotton OH, preferred ........... "a
American sugar. ..-.....'.............. ioots
,n.rtc,p Sugar nenneries. pret........... sSl4
American Tobacco. ...............s..s".-.s a
American Tobacco. preferred ....,.......lOl
n,cn,.op. roueta ana santa fe........... 1914
baltimore and ....................... 431t
Canada Pacific. ....-.................''. oo4
Ch..apease and OHIO. ..................... lob
chicago auc Altoa .....-......-............l O3
CHICAGO. Burlington and Quincy .......... U1s
Chicago Gas 1rnst...... .-..........-.-.- ooB
n..v.re Iacxswsnns ana Westsrn-.... l62ts
Distillers 80. ''''.....'.. IVA
gr,s 1913
D. ,,r.,srr.d. e5ls
General Eiectric.. 20
me-. ,,.o,r.,.. ....................... 96&
Lake Erie and western ......-.....-'.'..- ia
Iaxe Erie AMI Western oreferred.... ...- i-'a
Lake SDore............-... ''''''''''''-'' ''"rs
Lou,svirs aaa Nsshviile..-............. fo4
Louisville New Albany and Cnicsec...... v's
Manhattan Consolidated -.......... .-...lo4>s
Mempbis ana Cnsrieston. 10
Michigan Central. ......."-.''.'.''.''''''' %
Missouri Pacific. .....'..'''.......-- 1859 80
Mobile ana Ohio. .......'.~~ss....''.'. ~o's
Nashville, Cnattsnoosa 81. Lools...~'... %
Unised Stated CordSge.. %