Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-12-15
STOCKS STRONGER.
Not 80 ACUTE 4 PRESSURE TO
REALIZE.
CLOSE FlRM, NEAR TIE TOP LEVEL.
Substantial Net Gains All Through
the List-LOndOn frightened by
Lndysmith Unconstitutional Gold
Rcceived-Thc Produce Markets.

sew YORK. December 1L-Expecta-
M If further stress OF liquidation in
stock market We're not disappointed
rs morning Heavy offerings were
.0,u lp0n the market from the outset
- bears were very bold and deter
Offering prices down; but il was
that there was not SO acute o.
-e Of necessity upon the market 10
as was the case yesterday, and
t. developments over night helped
.rage q support of prices. The
..t therefore. did not al any time
0n the extreme Generalization OF
Yesterday. as was feared would be the
all about midway OF the session
f had relinquished their position.
conflict Of speculative interests was
te ONE before the issue was decided.
prices moved both ways at once i'm
opening market. ana never long I'm
direction.
SUPPORT IN SUGAR
determined support IN Sugar was a
-. fD The bears from the outset that
We're not TO have things all their
Hay. and though they wiped out
0ueuing rise I'm short order, made
1875 iurlads an other points in the in
tral Ist and even forced St. Paul -
at below Yesterdays low level for the
-I f.e tb-orptiVe power OF the steady
demand proved too much for the
.rlDl'efr subsequent attacks were
upon the Iron and Steel stocks, the
-.H York city specialtics. and. ln fact
'- every stock upon which. any infiu-
' could Dee had of a heavy account of
l.. I0.- side. with the hope of WiDing out
ana forcing liquidation. The sue
acheNed must have been very mode
i.... however Judging from the almost
npletc l.''Ftiles which We're caused
~ nearly hi cases when the shorts began
90 cover
IT. Is noticeable, on tho other hand that
i.e ll f demand died away ~ the
higher I.t.. of prices achieved Vhfs en-
D.lfa. ianewed efforts 10y the bears mn
Z. OIL. rer.0d Of the last reaction. when
t .trained from attacking the market.
..l ON. close was firm, near Oh. nom
I.t.. substantial net gains All through
Gle l.f
LONDON FEELS BETTER.
THE outlook in the London money
rs.t continued % offer the Keynote 10
o.. rrorulafiVe situation. The Treasury
o.. tmCuts offer 10 forego the rebate
hitherto demanded before anticipating the
m.at Of January LIST interest has had
e.rrmDntal effect in strengthening the
fE.t Then came the buotant out
.nf u tle English market ON the wide
minated rumOr Of the relief OF
mitn and an alleged capture or
ls served 20 brighten the feeling in
n and occasioned heavy demand
Americans orders We're contributed
.H York long after the usual hours.
.lndOu's total purchases Tor the 0ay
flu up 10 6i.NoJ shares.
ling exchange responded with drop
re. in the pound.
GOLD FROM CANADA.
lnal gold was received here to-
f.I.HlI % Hs.f % HHl IA
Relief thus afforded 20 fears Of gold
was the dominant factor In
strength OF the market
rallied from early weakness. in
.N with stocks Total sales par /
03o05. United States bonds were |
I'd in bid quotations !
sales o. stocks 1923 90 shares. !
nr Afchison 3 $50. AfchisOn. prefer !
1 Baltimore and Ohio. $50: Cnes- !
and Ohio. 10 Co. Chicago Great /
40. Chicago. Burlington and |
il0D. Chicago and ROcl. Island, 1
louisville and Nashville 20 100. /
ftn N7W metropolitan. 1920: |
- Pacific, 1860, Northern Pacific. /
lf $50. Ontario and Western. |
,r i.nnsylvania. 1920 Reading, 3 900.
Pacific. 1880; 81. Paul. $3.50.
N'rn Pacific 1850; Southern Rail |
,t' Southern Railway. preferred
r-., non Pacific. $3.50; Union Pacific
ifr 1910. American steel and Wire
AKA american Tobacco. 50 no; Anaconda
g.D hr9Dklyn Rapid Transit, lOi .l50 Col
o. fue' and Iron. gOZ5: Continental
... ~ 1888; Federal Steel. 30 iG0. Fed
e,~ s.'r preferred. H775; Pacific Mail.
81. vas rs 30; Sugar. l2S.775. Tennessee
,.l lrOn 1880. Leather. 1850.
MONEY AND EXCHANGE
Dat, on call steady al 407 per cent;
r.- n ~ per cont ruling rate.
per c... Prime mercantile paper. 5ik46
b,st.nhs exchange easier. with actual
e.us,s ih bankers bills at As7t. for
and at sASl.4@4. s2i4 for sixty