The times. [volume] (Richmond, Va.) 1890-1903, 1899-05-26
MORE LIFE N
STOCK MARKET.
Transactions Larger Than Of Late and
More Outside Interest,
BULLS AND BEARS IN COMBAT
with the Advantage Easily i'm Favor
ofthc Formcr-All Available Gas
scs of Bonds Were still in Good
Dcmand-LOcal Market.

NEW YORK. May transactions ll
Rtocks were Ou larger scare aie ,.'r.7
shoQ.cd moro. animation tnan Tor seNtiai
day raaf There were evidences OK
COflsidcrahlo outside interest lh the mar
ket, especially in RAM go s'o..,., ta,-e
operations continued sun li NtiE '''
part I'm ulofcs Ioual HANDS. II Was " '"Il
rict between The bulls ana pears Tot au-
promacy and tho bulls easily mao 'Ap 80
OF a. There were several conditions lnat
aroused anurcfcusiOn on the part OF tic
bears and they showed a. dispoaluou 70
COcr short contracts from N", ""'.'
Aunarcuflv there had been a. quiet PCh-
iuc up OF stocks for the long account IN
the recent depression, ana we a., Ior
were as willing 90 take prohis II .n,S
could get them as the shorts. lhcl Pi"
cceded therefore. 20 bid mp tho muIhrI
ana induced quite am active moN. men. l1l
both accounts The decision OF tho 9tock
Exchange 90 keep closed over n nouoI3
holiday from the coming Satui gay u"'n
"wednesday was motive for closing up
accounts both long and short me md
ket hcsitated only momcntariiy m the
opening al which time low prices TOT 'i9
day were made in nearly aug 49,; '.i n
then moved quite strongly ana comm tHul
iif,rarde There were occasional pause.
and set-hacks and some irregulaIiiN aiu
a realizing movement ln tne i"te yea.
brought prices generally neioW tut iI'e"
level but very substantial hel gains ~
manned fn nearly an cases. X mas D'e.
obvious Tor several days thai inc Sh,l'
Interests wero becoming rauher uu"ltle!...
q
nm rired 40 take tho market from tho
shorts nrc,i0us 20 tho coming mondays.
Some ~ the factors Wnich a. -ls,t" W.
bulls were the excellent Itp'i ~ w 80,
road earnings for the third week IN MAY
which continued 90 boz received ms morn
ing This was especially true %, VIC
southwestern roads. OF Wnlth lhc air
were rather free sellers yes I.,sS' trst
rather buovant tendency Of tho Wh'at
market on continued crop scare "da;
therefore ignored. and the glaibeiS oi'"
southwosterns were quite lice,y uoushe'
Penorte were circulated with the appear
anco OF authenticity that tho DIVIDEND oi9-
buraements for the current period ON lue
Atchison preferred stock had oeeh pi attl,
cally decided upon. The shorts VINO had
sold on doubts of this were therefore
The passage of tho modified Ford fran
rhise tax bin amclioratcd me colul'iun7
imposed upon the New ork money 'ol
rOrqtiOne and lifted that group OF STOCKS
unite markedly. London was buyer or
stocks TO q moderate extent and THIS was
am influence I'm the easier tone or sttlliHs
exchange which relieved some slght ape
DrcheusiOn Of possible gold exports.
Sugar and the coalers were manipulated
Tor n rise by the bulls. ana theie were
evidences Of strength in the southern re
cifc and Central Pacific. These condillon@
were too much for the eQuanimity OF the
hears and they Joined in the buying move
ment with results as above lnd'cateu'
Pressed steel Car was the most couspicu-
There was % continued large demand
Tor an available classes of bonds. Gov
crnmcrts included and prices arc hiener
Am around Total sales par value. St6+'-
OOO United states RS coupon and the
new as advanced y, and the Us Is i'm the
bid price. 400 -oo
shares. including - SGD Atchison pre-
farrol. 24G0 Burlington. $40 LOUISVILLE
and Nashville: is eco Manhattan. GW5
NfefropOiitan. 1900 Reading first pre-
fcrrel. G $50 Missouri Pacific; . go North
orn Pacific. $500 ontario and Western,
0c20 Rock Island: % gro ST Paul; 100
Southern Pacific. 13 go American steel
ana Wire. 1920 Federal steel. 15.;2O
PEOPLES Gas. 52Cfo BROOKLYN Transit.
Goo0 Continental Tobacco. 29.0G0 Sugar;
TOO Tennessee Coal.
MONEY AND FNCHANGE.-Mone on
call easier at 2LN3 per cent; last Joan
AT or per cent. prime mercantile paper
9itTN, uor cent sterling exchange easy.
with actual business in bankers bills at
81 e7f,0i S7a, for demand and NJ 81 500
( c-It for sixty DAYS. posted rates 50 ~iiZ
G.Sf SSH. commercial bills. 80 N'04N'll.
silver certificates. Gf0f'. bar silver. Cli-:
Nfevican dollars 4eiA Government bonds
sfror0. railroad bonds strong state bonds