The times. [volume] (Richmond, Va.) 1890-1903, 1898-11-04
The Changed Aspect Of European At
fairs Was Factor.
SUGAR WAS HELD VERY STRONG.
Tobacco and steel Were Less Active
but Strong Standard OilDcciared
"A Seven Per Cent. Extra Divi-
dend-Bonds Advanced.

NEW YORK. Nov 3-Tne market prac-
ffcali,, retrieved to-day the losses OF the
last two days. the majority OF I"hrodu
stocks closing vi hin "a smai traction OF
the prices OF last Monday. lhere was
considerahle lrrcgularity at the opening
due 10 inc depression m LONDON. Ihefe
was n good deal of activity during the
first hur mainly conferred IN the special
unapprcciablo though the market held
"a very hard surface. Trading was duu
almost TO the point OF stagnat0n until
the last fifteen minutes, wncn the most
notable gains were mace me HlDNthent
started with a sudden advance OF nearly
four points in Metropolitan street rail-
vvav and Consolidated Gas Followed with
am almost equal gain. ST. Paul preferred
sid at 1914 new high record, ana the
Great Northern preferred jumped over
point. other railroad stocks which eN-
tended their net gains 10 a point or over
were Omaha. Northwest ana Denver pre-
&rrcd Gains I'm the grangers and North
eru Pacific and one or TWO Otner STOCKS
annrovinafed a point. The market WAS
held through the early dealings by the
strength of Sugar. which reached llV'
and closed after various fluctuations 10
barco and Federal steel preferred also
showed "a hardening tendency, but were
much less active tnan OF late. Inc re
covery I'm stocks was attributed 10 rehel
over the more pcachiui prospects @DIoau,
as indicated by the recovery III bfi'tn
fnNIHnNA.
ga England and the weakness OF ,nc
wheat market London bought IN inns
market for the first time I'm seNeIdi gay
In view Of these developments ana til1
continued ease Of the local money mar
ket the advance in sterling ana cohl'.
mental exchange Is difficult 10 account
for An incident OF the OUTSIDE ni@ihc
was the declaration on StanuaIu vi
sirnmonfs' Of what is, IN spite OF CIT
cumlocuuon. employed In announcing H.
q dividend Of per cent regular quar-
ferly and 4 per cent. extra niius MS ~
dividends for the year up 10 90 l 'o' 80 So -
aqainsf 83 per cent last year. ana 81 per
cent Tho wear before. The traulc state
ment of St. Paul. showing an lncItasc
Tor the fourth week in October OF Sl4l,-
40 was "a sustaining force throughout
There was "a good business done in
bonds especially IN reorganization as,
which showed a uniform tendency 10 au-
vance The liquidation OF some heaNg
blocks Tn Atchison adjustment carried me
price down *. with subsequent recoN-
cry Southern railway js rose 10 par
Total sales were S3o45,eO. United states
old as coupon. advanced X, ana the new
as. coupon. declined "a In the bld price
Total sales Of stocks, $4,000 shares;
including 611l Chicago. Burlington ana
Quincy: 1919 Metropolitan street railway
$3.50 Northern Pacific, 5.9iI ROCK o Island ana
11G7O 81. Paul. 1000 Tobacco, lo5oS FED
eral steel. 14.2s6 do. preferred and $1,000
Sugar.
MONEY AND rNCUANGF Money on
cal steadier at 1M02 per cent; last loan
40 ~ per cent; prime mercantile paper
37.n4 per cent. Sterling exchange firm,
with actual business i'm bankers bills at
81 SGit as eGi5 for demand and al AS2#n
50 Tor sixty days. posted rates. 81 s3ieW
4 81. commercial bills. S4.S2 Silver GER
ttdcates G1iaHG2. bar silver. 81 ZIG;
Mexican dollars. 47Hs Government bonds
Irregular. State bonds inactive; railroad
bonds drmcT