Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-12-30
STOCKS UP AGAIN.
TRADING BROAD, AND THERE ARE
NO LAGGARDs IN THE ADVANCE.
FRESH INTEREST IL ANTHRACITES.
strength I'm Part Attributable to RE-
newcd Reports of nm Advance in
Coal Prices With the First of the
Near-produce Markets.

NEW 1OKh, december Z9-After an
early period Of hesltancy and irregularity
stocks to-day resumed their upward
movement In some stocks the advance
WAS lower I'm standard shares, but 1t was
confined 10 fractions The trading was
broad and there were no laggards In the
advance. Although London was a mode
rate buyer on balance, there was a dis
position in tho early trading in that
quarter TO be very cautious after the
declines Of yesterday. The tendency in
the home market was at nrst downward,
sympatheucally with the early foreign
prices. The. Changers and pacifcs were
off fractionally, and professional traders
worked for a reaction, but found few
vulnerable spots as all offerings were
absorbed by commission-hOuse scale or
ders. Sugar was marked up on the
shorts, who had put out large lines be-
cause OF the disturbing factors In the
trade situation.
The favorable November reports-that
OF Jersey Central-published yesterday.
and that OF Reading published to-day
the latter road showing an increase IN
surplus of nearly $4,000 for the MONTH
were instrumental in raising renewed IN
terest in the Anthracites. The strength
developed there was attributable in part
TO renewed reports of an advance in coal
prices with the first OF the year. Erie
first preferred rose sympathetically.
REGENERATION GENERAL.
The recuperation of the market spread
from one group to another and the rates
for money which had advanced slightly,
gradually eased off, with plenuiui sup
ply. to q very low figure. The Changers
rallied a point or more from the low us-
ures, and sellers of yesterday were puI-
40 ia ff..ra srn1
advanced over per cent, and the other
PaCifics imDr ed in q lesser degree.
Pittsburg CleVe and, Cincinnati and st
Louis, and Chicago and Eastern limos
scored new high records. New YORK AR
Brake made an extreme rise of Sl2, ac-
cOmpanicd by talk of a Favorable JUDI
cial decision. American Cotton-OH, Bay
State Gas and Federal Steel were all
strong.
The closing was strong. at the top in
most cases, and al slight CONCESSIONS
from the best in others.
BONDS RISE STRONGLY.
The bond market showed early. hest
fancy but later rose strongly with SUD
stantial gains i'm some cases. iotdl sSIes'
81 $1,000 United States As advanced .
and the new As = in the bid price. Inc
old As. registered. fell off *.
Total sales of stocks, 724.lOo shares IN
Guiding 1852 AtchisOn; 1880 DO, pre-
ferred: 81 900 Central Pacific; l5tg9 Chl-
cago. Burlington and Quincy; .7,W chicago
and East Illinois: 1911 Erie frst preferred
81 SEQ Reading first preferred; 1920 Mis-
souri, Pacific; II, 40 Northern Pacific; 2oIol
Ontario and Western 2O62O Reading -
100 Rock Island: q $50 Union PACING; IL
ESQ ST Paul; $500 Southern Pacihc, pre-
ferred; $3.50 Texas and Pacific; 1870
Union Pacific. preferred; 1900 wabash;
1910 Wheeling and Lake Erie; I'll IN
Paper; 4.SlO do, preferred;
as American Cotton-Oil; So 220 Bay state
cas-: 5000 Federal Steel; 1850 do, pre-
ferred: l1.74O Pacific Mail; 53o4O sugar
Z. 45O Leather, preferred.
MONEY AND EXCHANGE.
Money on call steady at 2Q4 per cent;
asst loan at > per cent; prime mercantile
sterling exchange firmer. with actual
business in bankers bills !, c,a al T. % ga
wv davs. posted rates. $tS2lzu$iS512;
numerical bills. sL9i4QSL6l.
Silver certificates, OBJ par silver,
g: Mexican dollars, 462s.
Government bonds irregular; state bonds
Inactive; railroad bonds strong