The times. [volume] (Richmond, Va.) 1890-1903, 1899-08-24
STOCK MARKET
MORE Cheerful
Dealings Showed a Safe Advance
From Start to Finish.
HiGH-PRlCED STOCKS IGNORED.
Middle and Low Priced Ones Seemed
60 &c the Object of Speculation.
Bond Market Was Strong
and Active.
HiGH-PRlCEO STOCKS IGNORED,

Nrvv vopn- Aro 22-A0alrs in tho
sforE r,arlTt look IN "A cheerful appear
49,. 80, ,l,, @,,,e,i~, to-day. and there
49, - r,'stc~i.l erfb9cl< I'm the advance
ia f.ri-... go, ef.tf III fnish though The
,,,.4[lr. 49,. 4..,',ti,.lt,, IRREGULAR az times
Cn~inee ~ ~ M becams manifest at
80 - 80 ~, rbe inside Interests in
sf~~.t-I,.-, t-~s,.-f ,sare urcDared TO offer
xor,y Gste-r,.,1rf resistance to any further
oeailr. in fhat stock. which they nave
49, - 49, for some time past To-
dav a. prics was never more than IA
e6eyc Iatt nights level. aud was eX-
frer,el,. fnverlsh an day within a range OF
ab0ut = points. But pressure against The
stool yg-g relaxed when tho determined
nature Of the support became evident
frlrro was some disposition 70 cover snort
garfrarts iu other stocks. which have
shown sympathetic weakness with Brook
Ivn Trnreif Thc cessation OK the bear
s-,-,,.-.i,-, f.rt fhe xVav omen for au uu-
,....-l.HH f,.e,le and thero was "a large
,iir,cC-f trrifnod 10 huv stocks
Tho advance In American Tobacco was
the most consD'cu0us movement OF the
dey a dcIgee Al offerings was oncoun-
tcred ~ ab0ut every point I'D. which
caused a temporary halt, but after tle
absorptf0n OF these the upward movement
WIS resumed. The extreme rise was over
points Continental Tobacco rose and
over 2 points respectively. I'm sympathy.
Sugar showed momcntarX weaEness at
the ooeninr buf was increasingly strong
"a tIs oav vproqresccd. ana ls up -,
IN tne dIv There we're heavy taking3
nf M Iorfbor stocks which have gained
IL ana ~. reepectiveiv.
In me railroad ust business was exceed
iugly well distributed. and a large NUNS
Der OF stocks show gains between / and
2 points Ilo most notable feature OF the
trading ia thls department was the teu-
Gencv 10 turn 10 the middle and lOw-priCel
stools While tho h.gn-priccl ana cstaD-
nehed Dividend -payiuc stocks were almost
tfniyereaiIv left 4.iescenL In fact. not
lev, OF mis- grade shows material losses.
Tie low rottirn AZ present dividend rates
n1ado bv no bieh-rrads railroad stocks
a~d fhe rras,ecis al coming dividends or
1900 fi,iTends in loV,er-rrade issues.
~ NO. ~ c,,ti,,''od inrreess Inn r.u-
oMltb ~ ,l.o 49,. ~ .,1titee of thIs
Ioae eeIli...A9' " W 80, ION common
~ Sle -'iiisiIs ~ 80 ,,r,,ariee which
49, s,' =. D. 800 ~bead of Them Whose
, 49, ,,. 80. ,,ro,.tded Win an nee
ci,-,,,,ioIi,,.- s,Irrilis 81 earrjuE beyond
49, ~ t,,,g~i,.s s0r,o 81 fhe southern
CO NEUTRALITY-SUSPICIOUS. etocks which have had
$500 i9-l,c sdvenres vCf-e hold hack bv
reaiizinr with the exceptions noted.
strength vas well distributed through the
dinerent railroad groups Net gains OF
points or inward are shown by Baltimore
Vanev Torf6ern Pacific. Fort Worth and
no Gando Chicago and Eastern illinois.
ana 81 PAM and Duiufh rose an extreme
= noirfq a rouch more cheerful santi-
mont vgas reelected from foreign stock
markets to-dav. and London was a buyer
on Valance ln this market
me bond market was active and strong.