Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-09-22
REVIE i KElIS
I,RlNANCIAillJ.I ZICONMRRCIAIl
sStolbs, Money Exchange { Bonds, Grain
\ Cotton, Provisions, Bic. B.

Il 4 New = TX, Sep 81 !. Tho tone In trading
\ was much bel ter to- ay \ than for some
4 faiai datieh swass observva bic as yesterday
and several sprecedin Ing days. Az! e. result
there very General aand ssuSsta ad Tia
4 marid s. from the 5sext ensiys OUTSTANDING
Jnhort int crest, and PRO ba bly, this consti-
prinspaa, element in the
ton OF. Some iof the railroad stocks which
4 had the 10 ppsarance:o Of coming from large
stocks Z at the present level. Brooklyn
! iafge proportion OF the dealings and the,
4 mSfn bers Of its group had an Important
S1nfiuence In tile recovery In prices. a re-
Syised interprst Ion of New, /, Yorks zl,ew
heavily bnA corporations than has been
estimated . found general @ eptancce'
I, Tha en- ormois selling for some, time. past
ssofs ooklyn r pid Ira sit gave color to
! some current rumors that the control Of
I were effectiye IN relieving the local trac-
lstiona Stocks from the fierce attacks to
days past, and removed from the. s.tua-
4 ton the most potent element of depres-
sion. ~ Is ~ ~ ~ ~
1.-The advance and they found vulnerable
STennessee Coal. But their success in
moderate, and their efforts to cover In the
very. stocks which they had attacked
Il helped yon the late advance.
sSsigs Iiil tho railroad list aggressive buying
II ffrst;sdeyeloped in! Southern Pacific, but
{ an. excellent demand spread to other
Which, We're up 1T 10 liz on the day. There,
/ were no table movements in Pullman,
which rose S7s, and Anaconda, which
s the ex traI dividend declaration. The CHI
gag o.5SSSl indianapolis and Louisville gained
h /, 2ias!nnd q. |, 2% respectively. he Chicago
Bsa uonaf declines. but later rose above yes
tie day, s level, EXCEPT for the debentures,
hRhtchFare$o off a points. ass. y
~ London was q seller here in tho early
dealings owing 10 the anxiety over to-
rms rrow' s meeting of tho British Cabinet.
J or the day. A favorable erect was eSer-
cised by the reported purchase In London
of $500, 900 Of gold in tho open market for
shipment to- New York. No trace could
s he found of the destination OF this ship
nent, and foreign exchange houses main
ttained that gold could not vet be Import
Sterling Exchange dropped a fraction
nearer thu. gold import noint, but is stIlI
well over 1 cent above that level
Sc The call loan rate in New York dropped
late in the day, after the days demand
for money had been practically all met
but the condition of the local money mar
.r1Set was not materially changed. ~ drop
5dnG New York exchange In Chicago indi-
Gated renewed pressure from that source
for funds. Saturdays bank statement IS
I now expected To show the New York
banks In n somewhat stronger position,
owing to the weeks large contraction of
,lohns, but there has been no known re-
splen!shment of cash resources, and the
future OF the money market depends on
the prospective needs of the interior and
the prospective demand from the sub
Treasury for revenue payments. sfs
Say Tho bond market was firm in tone. eX-
ceDt5 for 4 late reaction in St. Louis
y Southwestern ISSUES. Total sales. par
sralne,t 81, 10000.
o ana 9d ts rng'ereG
Il he bid price. Total sales of stocks to-
day We're TO7,7Oo shares s
s. Navy York, Sept. 2l--standard Oh. 462ll