Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-01-15
A VERY BUSY SESSION
rue STOCK EXCHANGE WAS PIE
.oxrrAL1Y ACTIVE YESTERDAY
yHR EXCITEMENT TREMENDOUS.
Large Attendance ""
an. business to the
- proEers-Buiiish Enfh""
w,. y,oieut-other Markets.

NEW YORK, January aav were the
NE" coy exchange TO-DAY ,,anv
Oh VI. Gov q two-hour sess'o" ,,,nued
larses' nod the same volume ,,,ouId
year, Eel f,yo hours trad'hs ,,,on
LOT VI. ,y,,hin a quarter Oh th,re
nav ,,,,,,on shares AS u a., and
OF '"o Ii, 900 shares oeaN '"' Err,
were -. .ars net rise In prices wa ,,red
the o,n,s in the shares whio" 1hara
10 ptnnatvely IN the dealings O.
ho'' S,,,srsion of interest IRON, u" -
va into higher-priced stoehs' wv
gers being the galners, ,c.,rrN,pNT.
,c,. axcItement on the hoor y, rAare
81, Exohanee was tremenuou1 NJ
80 an unusually large at'enu a. com
$3.50 for the short session, Dc rendered
slant influx Of OUTSIDE re dealers 10
s'", necessary for the latsS hnsiness to
IT nesess .an,S1eiderable OF their pu.hn regu-
!. va na nds OF smaller brokers'
W, Iie nommission between nv Tive. High
Stocks opened buoyant ,asn am in the
| priceu leooi 2rokers fought 10 eXeI,us In
AS and Simultaneous uaTt
49, 49,, shares were widely az large pur-
| many had early received lai ,i;ons
London haa ,his side. and the quotauohds
chases ,hat quarter showed gem, Tnueht
, ION The rapidty OF me i Ins sales
out immense blocks Oh r, noTer of the
but the susrhnd All offerings after teilad
,nrarv reaction, and prices as"''
upward. o,pv HALT.
The market halted momen1aaaanHiiv bank
ing the publication ,t 81 APPEARANCE, show,
statenen', asa increases of AlS2' Ioo III o or-
I,,,g5;,i,,s reserve, and $bOi-,-W resumed
count, bullish enthusiasm
with vI oTisaion-bouses were easily the
N''nnt hnvers. The extreme gains az ~ IN
Paeei6cs were only fractionll, in 81.
! The Changers they ranged it ,O The active
Paul TO in Buriihgtoh' ""N
Tbe GouId and Vanderbilt stocks VII
| conpara lively neglected, eNcsPu o,th and
ern Railway. The greatest ngers chi.
ontivity was shown in the GraIlsetss, ~ ,d1
acpNiHh peadings. Southern preferreul
1rNdcrei steel Atchison, ana Iroo ~
ponid transit. Points of heavlnesSS ,,, WI
not;nsd in Northern (preferreu, LILY EaS
Central, Metropolitan. anu ha
RISE IN BURLINGTON.
The market closed win sol'i eo,iye viii
nv but generally strong ana ac''' note
in34nnortant gains in many cases. a. u P,.
| xrnrthv feature was a large rlse ~
| lington on renewed GOSSIP, their out
the prospective refundins VI wa
standing bonds This talk, h0"SNer' vor
i,ttie more definite than usual New W. q
l Ar proke made an extreme auNahN 49,
J = a Ints while Southern Railway Pr,
/ yerredl and Atchison preterre1) W. Ste,
over points each, any, anu been rattle
: neoiected although reacting irVrh "
I nrices ended with a net gam VI snecialt
/ The largest trading in r any whic
vas in brooklyn Rapid 1rans', on cor
hs1 an initial rise of points on ~ ~
s~r,ation of its acquiring conlroi VI -
I Nassau Electric Company.
THE BOND MARKET.
J 0eo1inos I'm the bond market were d,
I tended with the usual marked va 20 n
J in the semi-speculatlNe ,, isrI a dispositiC
\ 70 employ idle capital IN the So ~
tTe ding where the rapid fluctuations ga
{ promise of a speedy pr9nd5aptih that the
Z hooks were filed up with oruels -
\ prime liens. and although issues OF on "
T character came to hand through lorsl
J sales. the absorptive power Vi ,"e nri ils
Z ket prevented any shading IN PIC
\ nInitad states 2's advanced u and the
enn new as Il in the bid price; Chll
J States SIS. coupon. declined z, DO; reg
I tered IA, and old AS, registered 10
J TOTAL SALES OF STOCKS.
= The total sales of stocks were 7SS
4 shares. including 2l.OD A,cniso.h, o.
{ do, preferred; 1915 Central P ia Marh !.
= tan: 1890 Reading, first preferred; .
y Missouri Pacific: $50 New York Cent?
z 9'577 Northern Pacific; S,12O Reading;
, 421 Rock Island: 17,120 Union Paeinc
: 620 ST. Paul: O10 Southern Pacihc: %
Southern Railway; 3O,9l0 do, prefer
Z 7.745 Union Pacific preferred; l5,5O0 Am
can Cotton-Oil; 1920 Bay state Gas,
z 24O Federal Steel; 692S Peoples Cas-
Z go Brooklyn Transit; 1850 Sugar.
MONEY AND EXCHANGE.
\ Money on call steady at IL per ce
prime mercantile paper. 3a3 IL per c
. Sterling exchange frmer, WITH &c,
business IN bankers bill az siSi 5-fo'
for demand. and S4S2 LAS; 81 Il TOT >
IN. DAYS: posted rates. S4.S and $iSo ~
mercisI bills, Si.SGA.a 1-2. ~
Silver certificates. 59a60 IL Bar 81
.ial) 591-2 Mexican dollars AZ IA:
-, state bonds strong Raliroau W
Jon strong Government bonds Irregular:
Of WEEKLY BANK STATEMENT.
,nna The weekly bank statement SHOWS
to following changes: ., 200 ,oo
lana Surplus reserve increased. A,7327UO
ettie Loans. increased, S0i22O.
,Irs Specie. increased. &,7l2,5O0.
Ni'" Iegal-tender, increased. 22H, 2Oo
stay; Deposits. increased, SS,9AOOO.
Circulation. decreased. $25O1OO.
The banks now hold SOS, 0l5 In e>