Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-02-25
STOCKS IRREGULAR.
DEwEY's CALL FOR THE OREGON
HAS Az EFFECT.
MARKET DISPLAYS FEYERISHSESS.
Tobacco Makes N Maximum Rise of
SIX Points. Hut subsequently De-
Ig-Nhest Heavy.

NEW YORK. February 2l-stock quo
tntl0ns to-day were decidedly irregular,
and the movement vas in some respects
a counterpart o. yesterdays. Prices
opened favorabiy for the bulls In "a num-
Der Of stocks. the ini1str.ais and the spe-
c.alties being prominent subsequently
values moved alternately down and up.
the net chances averaging a point in rail-
ways. accompanied hy some sensational
advances among the spec'aities The dis
patch from the American naval CONE
mander IN the far East requesting the
presence o. battleship for political rea-
sons vas considered possible ~ an un-
favorable Interpretation buf the route Oi
a body of Filipnos bv the American army
in measure onset che advances. Lon
don. after some frmness was seller on
balance. The international shares were
generally fractlonslly higher in the early
dealings. while the advance tn Bur.ing-
ton. Tobacco. and tho Steel stocks gave
an early appearance Uf strength.
The smart recoveries from yesterday s
close failed 20 hole ln the case " the
railways. Realizine in S. Paul on its
favorable showing Tor the third week IN
February. left 10 below yesterday. and
Burlington lost its early advance. and de-
cincd further ending with "a loss NJ (.
on the reported abandonment 0f "a general
refundins plan
There was considerable professional
selling. as well as some pronounced rea-
llzing. and st0p-i0ss orders We're re-
ported Traders were induced 90 sell Ou
the idea that there would be another
substantial decrease in the bank reserves
tomorrow.
The market displayed faverishness az
the coutending interests succeeded in
either liftlng Or depressing prices. and
then dealings contracted. with some
what professional appearance 90 the ar
teruOOn's trade.
TOBACCO RISES g POINTS.
Tobacco made a maximum rise OF 9
points. on the rum0r that % large opera
tor was sim short and refused 20 cover.
and the circulation OF stories as TO the
c0mpany's earning power. subsequently.
the price ran on, and II closed at net
gain ~ ~
There were some very violent advance
among the local specialties. the extreme
rise ln the case Of Third Avenue being
Il. in that Of Consolidated Gas l2z. and
En- that ~ Metropolitan points
The highly favorable condition repoI zen
in the iron and steel industries and me
intimatlOn that the leading inieres 4
would Do closer led 90 an extreme ud-
vance ~ 5i. in American steel Win
which Federal Steel sympathized 10 ihe
extent OF ss. its extreme rise.
The feature Of to-day.s bond trading
was tho active demand for San Antonio
and Arkansas Pass g.. which Improved
points The general market was very
Irregular weakness and strength 81 Fnlnr-
Ing in many Issues. Total sales. 50" V.W.
Government bonds unchanged DOB hid price.
The total sales N stocks ere stl ir
shares including 1850 AtchisDut $50
Central Pacific. On g2D Chicago burlington
and Quincy. Stj Louisville and Nashviir
n NO Manhattan. $3.50 Metropolitan stree
Railway. 81 go Reading 1T preferred
8 tgI New Jersey Central, .. 800 New YORK
Central. $3.50 Northern Pacific. A2n ID.
aud W. 1850 Rock Island lf fN Union
Pacific. 30 g3 g. Pau. ~ southern Rail-
way preferred. 100 Texas ana fa.li,,.
30 sd Union Pacific. preferred. N lW
American Tobacco. sE0 Bay State Gas.
a. on Federal Steel. $50 Federal steel
preferred. - coo Consolidated Gas, 1870
BROOKLYN Rapid Transit . 90 iacihc Mali
A. go Sugar. 1000 Tennessee Coal ana
Iron. 67s United states Rubber
Standard on closed ~ hid-
MONEY AND EXCHANGE.
Money on eau steady at 21ga per cent
last loan GAG -.a per cent prime mercantile
paper. 2a03l per cent
sterling exchange strong Win actual
business in bankers bills at flHit1fi II /,
f4r demand ana Nsf4afisfl FOR sixty
days. postal rates. 81 spt0fi@ and fls6ia "a
80. commercial bIls fi.uflHis
silver certificates uJm.ndly 43 Ntl b,
bar silver. g1it. Mexican d0ilIrs. ili1.
Government bonds steady state bonds
easier Railroad bonds irregular
BANK CLEARINGs.
Total bank Clelrines Bro the United
States Tor the Werh. 1855 INbl. per cent
Increase. 3D. Exclusive 0i New York.