Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-10-30
STOCK MARKET FIRM.
HELD so By BuoYANr TONE w
sonr OF THE srEciALriEs'
TOBACCO WAS VERY ACTIVE
n. Aggressive Advance Co"''""'
the strength Of Development
,,, consolidation of Plug
,,uics-Thc Produce Markets.

,,,,,. nctopcr n,-With the eN-
-, ,,st .uuuay. tnc averages Va
-. 81, the stock Exchange nave SHOWN
cot advance each day since Nc'"'s''s'
oc,ober 10th. There was a genera
.,o,,o,. therefore. that thetc "o"'u
a., me selling TO take profits "h''"
'.o,s.oma-,-s,nonSs professional tf''ue' ,
a, The end Of the week the ouoS CIV CIV
-. :, some Of the speclalties heid Tue
-. erp, IN the frsr hour o. the snort
session. Consolidated Gas ana l"''u
srus Jumped 6 points, the former o" '''>
., termination Of the local gas war
Tobaeco continued its aggressive "o-
yopce. on the strength OF the ov'eiop
mems. showing the consolidation Oh fl"e.
.onsooo companies. The stock was very
ao,,vs and large blocks were aosoiAN0
Eoto nav for itf upward course -
r,te nrocegs of bidding up the prlDe VI
,,15nrsi steel securities also continue"
N,oantl,ne The railway list was very
an 60 showed only slight ch3lsC9'
oithoucb nearly all the chaAseS -,
s~atre The publication OF the nu' lu's -
stato,neut for September reSu''lu -. ~
,nediats>socivity IN the TRANCE NE
expense Of values Losses 'C"-'IOu tbe
a point I'm the other IhoiliU,s rbcTe
group. and IL In burlington iIs 'ii-,,d i,et
So ,,.rsrsi reaction in the railroad hSt'
a., e,.,oDathy. but railroad stocks sehetdly
30 ,,o+ active. and losses were comm. W
,rar,ionS Prices continued hCaNA III
~ railroads to the close, but net ugcii!iSS
80. restricted TO fractions, outslue INC
oranges and specialues'
.yrATTMENT WITHOUT INFLUENCE
mn. hank statement was without innu-
- or stocks. though the CROWNS
etrergtb Of the Clearinghouse i"9lita
- ,,,e evident Government depoSl'a
1900 largely in the cash increase anu
ne largo expansion Of loans must asIIi'
he .o,edited. for the most part 10 pSSit,ae,
fYone in exchange incidental 10 ieiN'i'e
money abroad. a.4,;,,,ted 10
,rbo strength Of silver was attnDuteu 10
puving orders from the spanish "o'''"
lnont. ,..ea.;r,, activitv
"a strength during the week. the Noluile
- dealings on Friday rising to $o'lSo'vVy'
15o,,4v ~ western and southwestern roauS'
and reorganization bonds generally nave
been the favoutes' ,-,,.-. &, tbe
rhoro have been large dealings IN the
,,o,,srnment 3s. coupon. and the RECORD
nri,e JOG Is. was made To-Day. Ci'lT',
S,tates. Is have advanced 90, anu 'llV "iN
cI,,,,,on Fs Ia. while the old As, register
ed and the new SIS have declined Is IN
tho hid price. .,.. ,,.,r, or 5oo
sbares Including Chicago. Burlington, ana
onincy. II 10: Rock Island. BIS; st. PauI'
li.2i7; American Tobacco 6S''oo' 0us"''
1000
MONEY AND EXCHANGE.
Nancy on call steadier, at l124z per
cont last loan at per cent; prime meI-
camille paper. 1-4qi ii per cent
Sterling exchange steady, win aCt llal
business in bankers bills at $500 St'ooft
co. demand. and at $lS2 1-4QA2ls Tor
sixty days: posted rates. N.S5ls ana >f'So@
81 $751;. commercial bills. A.Sl IT,,
silver certificates. 6l4G2. Bar SILVER
81 g-1e Mexican dollars Az.
Government bonds. easier. state pohus
inactive Railroad bonds hrmer.
BANK STATEMENT.
Tho weekly bank statement shows the
following changes: 40 .-o oo-
Surplus reserve, increase F-'o''@-''
Loans. increase. HO.22l,3p.
Spccie. increase, 500, 100
Teqal tenders. increase, $,32S'SOo
Deposits. increase, I5tSl'lV.
circulation. increase, 22.@o
Tbe hanks now hold S26O9l $50 in excess
~ the requirements Of the % per cent
rule.