Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-02-21
STOCKS ARE STRONG.
ACTIVE sPECIsLTIEs GENERALLY
MAKE LARGE ADVANCES.
TOBACCO A SENSATIONAL FEATURE.
IL Adds TO It's Recent Ri-e-Con1ict-
ing Rumors ConcernSng It-south-
"rn Hallway strong spot-W heat
BaIIie--ProvfSIousI Lower

NEW YORK February z0-The active
specislues generally made large advances
to-day while the railways gained from
20 points. a strong tone prevailed prac-
ticslly 5n day. With the strength radia-
ing from one group n stocks 90 another
The movement started in the Crangers
and standard stocks. and next the Parilcs
advanced. Interest then switched into the
Fl0we- group and the Southwestern sue
oessivelv and then into the Industriais.
Tobacco leading the rise. Central ana
Southern Pacific were weak in the fore
noon. prior 20 the publication n the re-
oreanfzstlon plan o. The former road. and
subsequently rallied bIt feebly. London
opened slightly below parity. end ON The
rise here sold about 5000 shares. and
subsequently purchased about 500 shares
Among the Granger. 81 Pa1l made in
extreme gain of IT, being sold bF Ion
don and purchased hy western houses
Burlington rose FL point. and fhen drop
ped 21-2. closing ~ about tie lowest. "'
news that the syndicate bad secured
majority n Tho Chicago ond Anton e.'
benefited the -0gthWestorn er01l. iN'lNN
ire Tczas Pacific Missouri Pacific. ana
K.nsar and Texas preferred. over ?
,.oirfe. zach. r-nidn Pacific followed. Win
"a rise OF Owe. point Atchieon. lfrIr.
rcd was about The strongest STOCK
among tho ranwars making an extreme
rise 81 1I-f on favorable forecasts
tho forthcoming January s'aiemrht "i
net earuinet
Among me local traffic shares pro
nouncad strength appeared. Meifol' iI
making am extreme advance Oh l-'
Brooklyn Transit one Of -. ana sl'.-
haitian one of @ 80. The movement lh
tbe lasf-namcd was considered twisting
OF the short interest
SOUTHERN RAILWAY AND TOBACCO
southern Railway preferred. and Louis
v,ua were the strongest spots among
tno southern railways. although ihr itil'
.noV.d a decrease boo the earnings Tor
tho second week So February.
Tob4coo Was 90 sensational feature
among the Indu.tfials adding to h. re-
cont uee Conflicting rumors. lacking
condemnation. were disseminated concern
irg tra continued rise ln Tobacco There
mo some iu thc street who appear i1
t.ueva that DO ia % movement against
Ga. short interest ~ which piii 80
formed 0u fho breaking up or ih' pnni IH
ttc stock some time ago, Hn1 an-
other plrt vaa more recently formed in
.vr.rfaflou of violent trade "ti T"
follow tho organization 81 inc Union
Tobacco Company.
SUGAR became active again. ono i'-"
GIL points. f0 1912 One top price TO-
corded Tor the day. This move was ln
.rfe of rival competition u thihh o. 'Il
on the price ~ refined article.
Tn Tine Sinai hour. huilih attentions op-
r.sr.d in many stocks which caused
some declines but toe general mar
dI.pigvod "a rlllyIug tendency Dealings
which wore considerably Boo excess 1f a
million shares. were che largest that have
taken place ln some weeks with come
mi.slo1-houses reporting good volume
Of buying.
standard Ou closed 7sa'io.
BONDS ACTIVE
Tho bond market shared in the general
show of strength to-day but ih' rises
were generally of the msrost fraction
Considerable activity Was noted, WIN
the inquiry az Of late. in The fomi-
speculative grades. Total salt-. f'"'-
90 Government bonds were unchanged
in bid quotations.
The total sales of stocks wtr" ll'Af'
shares including 1.E0 Atchison. lif.-u
do. preferred. 1880 Central Pacific. ..Hv
Chesapeake aud Ohio io.iN chicago.
burlington and quincy. ll-' Illinois Gene
traI. "a go Louisville and Nashville, A. go
Manhattan. $500 Metropolitan. 1870
reading first preferred. 800 Missouri
Pacific. gl C.5 Missouri, Kansas ana Texas.
ur,ferred. $500 Ncw York Central hz'
Northern Pacific $40 do. preferred o-'
Omaha aud Western, 2YH" Rock Island,
A. gN Union Pacific. o61-l ST. Paul. t'"
Southern Railway. preferred, --an Texas
. .|N ".Hf D |. III