The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-28
TONE OF MARKET
WAS CONFIDENT
The Days Transactions Established
the Largest Total Of the Year.
GOOD TRAFFIC STATEMENTS.
We're One of the Favorable Factors Of
Its Strength The Bond Market Al
30 Had a strong Upward Ten
dcucy i'm Sympathy.

NEW YORK. Dee. 27-Stocks were
Nfr0ua and niGhDr to-day. with business
well distributed Tho improvement Ii
Railroad quotations was from TO
points generally. and even greater in me
Specialize shifting 81 speculative ace
counts and urOnf-takue were at times rec
sf0nsihfr for fluctuations downward, out
she tone throughout was couhIelil
Amoue fhe mHuy reasons Co account Tor
fhis wore favorable traffic statements ,9r
.hc third week in December. especially
80 Paul. wnefc the gross increase was
ltcr $1,000 saturday good pank
statement and continued case Boo ile
nonft market moreover the advance in
mcrlefus iu London. had fiimulilus
.cCf. although later there was mod,ia
'Ung from Chat quarter iu advance mere.
.rf Has continuation of the tendency
discount dividend di-hur nmcnis. 70
..r proportion OF which Will remain
IIs country than heretofore because
fIe absorption of large blocks of inter
IONS formerly owned l0ro1d ine
-aucers were more Largely traded in
nu of late az advancing prices. ROCK
and making nm extreme advance pl '
Infr. ST. Paul IS. Burlington 10, ana iic
1rrs H point each Orders Co buy acru-
uIaf,d over the holidays caused "a wide
enin- in Ameri au stocks American
.ol and Wire stocks rose about points
D.. and retained The greater part OF tho
vance. Federal Steel also. both com
BOO fnd preferred. was up over points
cl-ed off somewhat. People s. cas-
I Brooklyn Rapid Transit were very
cong Tho latter Ou fle theory chat There
1uIl Doe au announcement ln january
the cnusnlida tion OF competing lines.
urHr kNHuo.ics was an exception 10
Ir general rule. because OF i1' report nI
nmuiicHt0us BOO the trade due 90 sales
lrctt to the retailers bv the independent
0mUfnics and 20 reduction iu the price
q the refined article. Tho stock Lost
InHuf 1 points 100 tho opening, rdII'd
eighty. and closed little above tho low
3D. u
tf.nuefh especially Leather preferred
ana lend. Other stocks whose advances
attracted attention were NoIi'lk ana
Western IIffshurg g.. O.. and ST. Louis.
the IaDIGrs. Metropolitan street railway
ANA Inv State Gas. Tine closing was
t..lug. -uGhtly under the best. 1esroeat-
ing transactions of nearly million ana
Hh'ishIng the largest total for the
boz bond market tended strongly up-
ward The enquiry embracing marked
variety of issues at suostantial improve
m0uts Total sales were So. l5oo1. United
g'ntos 1's advanced il and the rs in the
Thc total sales Of stocks were $4,000
shares including loco Aic1is2n, -, 49,, 900
Denver preferred. 1920 burIing ON, l0
$50 Denver and Rio Grndo preferred.
10 10u Louisville and Na-nNlNet $50
metropolitan street railway. I~l Mlnhc-
auous and So. Louis. SOD Missouri han-
fns and Texas. o. 02O Northern PACING
Il O21 do preferred. 5000 Rock Island,
10000 Union Pacific. 33olo ST. Paul. TO-
1oo Texas and Pacific: 5000 Union Pa-
,iIe preferred. 7.2SJ international Paper
q 2.olo Tay state Gas: CGo00 Federal steel;
e olp do preferred. % u2O Peoples Gas.
C.72D Colon0rado T. and Iron. N2IO Lead
81 71p Pacific Mail 26H2p Sugar. 5000
United States Leather. $1,000 do. pre-
ferrcl. 300 United States Rubber.
NfONTv tN-D rN0H ANGIE Money or
coU steady 10 2N02H per cont. last loan
cat pa per cent. primo mercantile paper.
ar7ll uDr CENT Sterling exchange fuI
and caeicr with actual business iu bank
srs' tiffs at 50 Sftt04 Nfie FOR demand and
at 80 Sla,Uf 81 for sixty DAYS. posted
SfS1 silver certificates 500 0Gns. bar
silver s7ft. Mexican dollars 4n'- Gov
eminent bonds frmcr. State bonds strong
rlLr--l Lnnl. strong.