The times. [volume] (Richmond, Va.) 1890-1903, 1898-10-19
THE MARKET A
STAGNANT ONE.
Prices Drited kimlessIy All Through
the Days Session.
SOME ACTIVITY IN TOBACCO.
But with the Exception of Two Tran
sactions the Market Was Steady.
Railroad stocks Generally Firm
Same Apathy Everywhere.

NEW YORK. Oct. IS-Priccs OF stocks
drifted slureishly, and 20 all appearance
airnle@sly al through the gay sessl3H
The almost stagnant CONDITION OF tne
market was scarcely relieved oy Sinbio
feature Even the trust stocks icll mo
neglect after long period OF ,errauc
VACCINATIONS Tobacco was Taided down
az the opening on explicit announcements
mai tho much talked Of plug -obacGo
combine had once more iahen thIousu
There was injected into the dullost p0r-
lion OF the day Is trading TWO successive
transactions OF 1850 shares and 5000
shares. respectively. Of Tobacco preferred
al lIs-"scllers 80. This represented a
transaction Of over S2I.eco and was sup
posed 20 show the disposal OF the com
pnny's treasury stock, Application Tor the
listing OF which was maze YESTERDAY.
The common stock was rather feverish
for time after this sale, but settled
down into stendiness and neglect There
was an upturn in sugar also during the
day. which was explained by the news
that certain grades or sort sugars ndd
been advanced In price. Realizing suDSe-
qucutiy wiped out practically all Of the
advance. The railroad list held generally
firm through the early part Of the day,
huf subsequently eascd off I'm sympathy
with sugar and the Northern Paciics.
The daily attack on cOalers lacked vim.
and the decline only reached point IN
New Jersey Central. The traffic state
iueuf OF 81 Paul for the second week in
years large earnings Of nearly Sl4ovvD,
is naturally a pretty fair indication OF
what IS going on I'm the gran-cafrylus
roads. All reports agree that II IS dlHl-
cult TO secure enough cars to meet the
demand for the freight movement both
eastward and westward bound. Inc
speculative public apparently views these
developments with apathy. The same
apathy existed to-day on an the security
markets Of the world. the pause IN Ion
don being attributed 10 waiting Tor more
settled political conditions and the COM
pletion of liquidation in Berlin growing
out Of the money strngency there. The
process Of accommodating exchange mere ls
going on from day 10 day. and the banks
continue to gain cash from the SUB
Treasury The final allotment or Gov
eminent 3's from Washington makes II
probable that Government deposits ~ ma
iional banks will soon approach $lOOovp-
coo. after which the running dehct IN
the revenues is expected TO steadily Oh
minish this
Bonds were dull. but were firmly held
to-day. Total sales 81, $4,000. United
States old as. registered. advanced =. do.
coupon and the IS. y in the bid prices.
Total sales Of stocks were 175.J 800 shares.
including $500 Metropolitan Street rail-
way. 1856 Northern Pacific, 9.015 81. Paul.
a. q65 American Tobacco. 1888 do pre-
ferred. 4O.77O Sugar
MONEY AND rVCHANGE.-Mon on
call steady at 2d2h per cent: last loan
an o. per cent. prime mercantile paper,
3f.04 per cent. Sterling exchange steady,
with actual business I'm bankers bills AZ
81 sffG4Sfi& for demand. and al - sll2W
of2, for sixty days posted rates, S4S2N
S2i5 and $50 commeTciai DIS; I.oV,2.
Silver certificates GOAaG1. bar silver. GO:
Mexican dollars 4Gtt. Government bonds
strong. state bonds strong; railroad bonds
firm.