The times. [volume] (Richmond, Va.) 1890-1903, 1898-11-15
SUGAR MARKET
WAS IRREGULAR
And Its Gyrations Had an Unsettllng
Effect on Other Stocks.
THE MONEY MARKET WASACTlVE
Apprehension Is Felt OF Rise In Rates
Railroad Bonds Were Still Active,
with Atchison Adjustments in
Lead-Railroad Stocks Slow.

NEW YORK Nov. 1.-THE stock mar
he, bss recentiv cmancipated itself IN a
large degree from the influence OF sugar
Tobacco and such ike uncertain quanu-
Ties but the violent KyrduoIas OF sugar
IN fo-day's market could not out nave a
rather unseftling effect. Quotations were
almost lost at the Sugar post at the
opening. and were recorded All ne way
from 125 down 10 lzs: before noon the
price was quoted at lib, and again be-
lore tho close II went back 20 12f. The
carly decline was based on the fall In the
ioaning rate which was taken TO indi-
cate the conclusion Of the squeeze against
The shorts and the subsequent recovery
came with the announcement OF the ad-
vance In the price OF tho product by the
companies alleged to be engaged in
trade war OF determination. The enor-
nous volume OF the TRANSACTIONS IN TINS
srecielty gave Il necessarily some sym
pafhetic influence on the general list.
The railroad list generally showed ten
dency 10 drag, and recent leads were sus-
tained at the level above saturday
prices with difficulty. in spite Of the ad-
ditional advantage of some very striking
gains in usually inactive stocks. FIND
ing the difficulty of moving the recent
leaders. speculation showed tendency
10 turn in the lower priced stocks. Inc
southwestern railr Dads were most con-
spicuous In addition. the Flint and Pere
Marquette stocks moved up TWO pcin,s
each: Kansas city, P1ttsburg ana , Hun
12a touching 167. The Pittsburg ana
Gnif bonds also shO wed marked strength.
In the Industrial list conspicuous SANS
were achieved by the Nauonal biscu'
stocks Spirits preferred the lnterna,
tionol PAPER stocks. Linseed Oh. anu
Manhattan and grtngers. Manhatt1,n.
the Pacinc and the iron ana steer SD. ~
showed an increasing heavinvSss az en- ~
,srSav's close while none Of them Sn my,
nef Gains OF more than a traction. lnSS
money market was rather actlVe an
frmer to-day, and some app e"e'''o"
felt Of a future rise ii9 rates, -, .. ,oaa
A+chtson adjustments continued 10 leau
.bs bond market. and there was no.a-
HE activity IN Wisconsin Cem.Idi 81
which declined IN. ana IN lsAas o,hsr
,idHie trade and low grade issues al
'dvancfna prices. But some OF the hish-
grade per cent bonds whlen nann az
Gently been conspicuous TOT 81 ipac,,ac
ffntor Pacific Erie and Nortolk anu
t1ia.terr we're disposed 20 reaction. 10
tai 81 ess 900. United States Is regis
tered and IS declined i. and the os
coupon advanced y In me bic price. 400
Total sales of stocks were OBJ aW !
shares. including 34.6OQ Atchison 500
40 preferred. 1900 Chicago. Burlington
and OOuincy: p 1875 Louisville ana Ndsh-
Vile. T.368 North American company
20 800 Rock Island, 1870 Union Iaclllc'
"a 9l0 81 paul 6.glO International Paper.
"a 90 Smerical Tobacco, 1i.195 Bay State
Gas. s.s6l Federal Steel, 12,1s7 DO; pre-
ferred. 1880 Peoples Gas. ex-divlaena'
iii fs5 Sugar. 1880 Chicago Great west
srn. 5s15 St. Louis and southwestern
preferred.
MONEY AND EXCHANGE oney on
ali steady al 2bG3 per cent: last loan
al pa per cent; prime mercantile paper.
,,ith aSttaI business in bankers bills at |
a s5Q4 s5ll for demand and at S4.s2a |
s2it for sixty days. posted rates. H.S5W |
s8ib: commercial bills. $4sl44:sll5. Sll-
'er certificates, 6oAq6lH bar silver; oVS;
regular: state bonds heavy; railroad |
,opdc irregular.