The times. [volume] (Richmond, Va.) 1890-1903, 1898-11-17
STOCK MARKET
LOOKS Up AGAIN.
Waiting Buyers Establish a Higher
Range ofVaIues Than Yesterdays
LONDON ALSO BECAME A BUYER.
Tho Action Of the Peace Commission
Anordiug some Relief from Apprc'
hension Existing Thcrc-Bond
Market Was Not ~ Active.

NEW YORK. Sow l6.-Apparentiy the
s..,-'..r. Ohio have been waiting LOT re-
action in the market 10 Duy slochs Aove
tn t..Ir mind tAat ihia moinlna p oc9"he
wa. iae most tAa couio ne ivhCu 4o'
trIrr ina circumstances, dlp tncy "t-
,..r8IurIv came lai0 tn~ market an great
t.rr. and before tho end OF the ddy hdu
O.inrd Qua tho earlier losses entirely ana
established higher range on Naluea 'Iah
,...rersav throughout Although net
gains arc in nearly all cases c0nunca 70
i-.ltfons. the extreme rise from the low
r.iut la the majority OF active stocks
amounted 90 per cent. OF over, ana mo
closing was active ana quiet ana stfohb
at thc top. Morning losses were not
made without RESTS lance, notably by At
Gibson preferred. the Union iacincs ana
some al tle spcciaiuCs. Chicago ana
Northwestern and omaha also showed
strength before the break, but the very
heavy offerings of the Northern faciuc
stocks proved too heavy burden Tor lhe
market TO carry. especially as Lonoon
continued "a disposition 10 rcalze IN inc
international securities. The NoithtIh
Paciacs lel over point below last nisht
and ile whole list rcccded DeioW id7t
NIGHTS level Some stOp-los6 orders were
uncovered on tho way down, Out oiueI9
iu cImmission-hOuscs TO buy were en-
cUunlerel in an increased amount aua
tha sharp advance in the hoilh"e stolh
stocks and Omaha. ranging from ~ 70
Tic selling for London account a.ao
Ill .rRcd 90 a buying demand az the loWeI
level These were Tor the most par slin-
r|r arbitraec operations based on the as
rnrlfv between London ana Ne" holh
rrIrrs The session OF the Iafle lealr
conference and the fixing OF lhe 49,
for a future meeting afforded some felCi
from apurohensi0ls or "a rupture WIlCn
have prevailed in London. nm we loO ~
money market although steinhs tN-
AL
cberro ut chicago fcll 20 par while the
currency movement on balance continued
away from New York. the rate LOT en-
money easod or "a fraction toward tuc
close OF the day. ana lhe ueindhu 4"'
timo money was less active.
There was "a falling on I'm activity IN
tha I0nf market. and heaViness in SYM
pafiv with stocks. though the zone li"-
proved before the close LoulsNlle,
Evansville and ST. Louis cOnsols trust
re..IDf- rose points over yesterday
and points over Monday. Total sales,
"a as 900 United states new As, coupon,
declined X I'm the bid price. -,.,oo
The to~l sales of stocks were oao ln
shares. including l'tlo AIon'Sol,3 3Gtiio
do preferred. 1895 baltimore ana ONO,
1885 Chicago Burlington ana quincy
OF Qs1 Louisville and Nashville. o.Z'1
Manhattan. &0G35 Northern Iacluc. SIS
do. preferred. l5.ot' missouri .iDl'-, IT, r.
rr5 Rock Island. 2s 200 St Paul. 539o S.
raul and %. H.. $3.50 Union Facihc
p ego Southern preferred 1900 Intcrna-
,r-r4f PAPER. 33 sos American Tobacco,
s075 Bav state Gas. o071 Federal Steel
Ia fsf do. preferred. 1o9ao Peoples Gas;
s. ln Pacific Mail. 81 500 Sugar 10.5el
Chicago Great Western
MONEY AND r.NCHANCE.-M Money on
cali steady at 202h per cent; last loan
lao per cent. prime mercantile paper,
8Q4 per cent. sterling exchange steady,
with actual business in bankers DIS
at 81 Sjh04S5is for demand ana az Slo-
"a S1i. FOR sixty days. posted rates. Si>3
nj 4s6if. commercial bills. 4SlhN4 Sl4i.
silver certificates. G05su0ila; bar silver
zoe. Mexican dollars. 47u47N Govern
mont bonds easier. state bonds firm;