The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1897-07-27
CROSS MARKET
and Irregular Declines anu Re-
coYeIlss Continued all Day.
N FAVOR OF THE BULLS.
. 1rn''Sera Suffered on Reported
Crop Dnmnse-Extcnxive ing of
Iobacco Cnuaed II sharp Riso I'm
He CoHpuny's Securities = All
s'fadcs OF sugar Advnncco.

q fadcs OF sugar Advnncco.
York, July 26.-The market ended
1day In q draw with the
Sehsly IN favor of the bulls. The con-
ana Irregular sharp declines and
~ recoEeries alternating commonly
.eu d ctlss-cr3ss market, continued
81 o"snout the day. To take profits at
accomplishment Of that which has
8rsed an anticipatory rise IS y way
ny nave III the street. Thus. with
Hngress adjourned and the tariff dis
#sec of. professional speculators un-
1faed and sold short. Local reactions
helped by London pront-takinT.
saes from II a quarter amounting to
$'vV' mus dispelling the idea that 4
q hs movement might be expected,
gA'~ S OF tomorrow 9 settlement to
Aer recent supposedly short sales. A
81 rely or reasons were assigned for
ii :don's pessimistic views, among
#iich were the SGnate'e non-action on
III currency message, the Japanese-EIa-
Hlian affair, but more generally It was
8friputcd to their regarding the effect
the Tariff settlement as already dis
aurteL. Prices H. the local market re-
p about a poi,t. the Changers espe-
Sflly S .ftercd on private reports IF crop
Hrage. The weak opening. however,
Hnporarily benefited the market, hav-
rs CAUSED the cancellation of selling Or
Hrs as were to be executed at the mar
us opening to-day, provided prices
{Se higher. Railways rall.-d, and cased
II again. The crop advices were more
Vo1able and widely distributed pur-
aaees ot Changers stimulated by TO-
VS. carly advarce in wheat benefited
ae general market. Extensive buying
4 tobacco on the likelihood that the COM
NJ would be free from antagonistfc
lEislatton caused all the companies Sc
a~ri:ies to rise sharply. Reports of earn
.T Of h thi:d week In July were almost
siformly good. lii some cases the in
leases were quite marked. Delaware
pa d was strong the buyers CIV
Is no other reaSon han general m
fovment in the coal trade, but 1t was
On the Stock Exchange that
,h,ortant developments might occur II
e meeting of the company's directors
e~dnesday. Tho tonnage of Reading
IF last week being the largest for Il
f1S time, brought that c0mpany's pre-
FRED stock good support. This renew
4 heavy buying, revived old rumors of
.ipending developments in the An;hra-
|e trade. Minneapolis and ST. Louis
referred stocks were bid up by the
icent buyers of Rock Island. All
FADES o. Sugar were advanced to-day,
ut Sugar stock was subject TO bear
cssure most OF the day. After an early
top Of IL, 4 partial recovery, it fell
and when below 1i2, the market
ling full of stop-loss orders, certificates
ere forced to the lowest point OF the
Hy. 1895.
The Intelligence tina. a million Of gold
leave Australia on Monday for
waa n significant feature of the
te news. Another was 4 little furry
call money. it being quoted on a
nall transaction at 11$62. although
here was All abundance OF money loan
BE at l per cent. The market closed
fifth Irregular changes.
.Thc total sales of stocks for the day
'aounted TO 1885 shares, including Al
bison, S,42S; Chicago, Burlington and
20.220; Manhattan l.. $3.50; Mie-
auri Pacific. 1G,GG!; Missouri, Kansas
nd Texas, preferred, 9.U!1; Rca ding. a.
@; Rock Island 30 90: 81. Paul. lC.lGl;
MON Pacific. 1868: Tobacco. 1896:
hicaso Gas. 14.5ta; sugar, 1920; Wes-
.rn Union, 5,i7S.
The bond markc. DEVELOPED aggressive
.rcngth aftc: an carly pc i'd f rcavi-
css. which, however. hil nnt q press
llucs app:ec!2rlr. IN, 1"n,1rd fari;-
les OF rec "a t.: 4 20 { II 6 nd Those
n~dcrgoinr i'm was very
" .fh Faciiic con-
lis corspt Il q OF 2 per cca:.
wee also very
II" a.4g'a :5,s S,lcs were S.