The times. [volume] (Richmond, Va.) 1890-1903, 1899-10-27
STOCK MARKET
CLOSED LOWER
Wednesdays Strength Attracted a
Large Buying Interest.
DEALING WAS ON A LARGE SCALE
Aud Demand for Stocks Covered Il
Wide Rangc-Call Money Fen at
the Closc-Dealiag in Bonds
We're Also Large.

NEw YORK. oct. 2G.-The evidences
OF strength in yesterdays stock mdrhe,
attracted quite o. large buying interest
this morning. and the market during lhe
FIRST hour took The upward c1uf se' WIN
very active trading. line demdno auo"t''
however. marked falling or during me
rest Of the day. and the isolated points OF
strength which developed from time 10
time proved uulvaling to sustain prices
and the drift was downward unul lhe
dose which was very EcncrdIy dt lHe
low uoint OK the day. and al "A level below
last night. The market during the IIat
hour was conspicuous lot inc gree"
breadth of the demand, the hunpeI on
stocks which moved beng no less IMAM
1el The aggregate number OF shares
dealt I'm was also very larec. Broauiy
speaking. the market was ieNtI3dl Oh
that OF yesterday. ln that railways tcheI-
ally were inclined TO react while the lh-
du.trfal stocks moved upwards. The cNl-
denccs OF pro0t-takiug I'm the coMeis'
which were manifest even iu the opening
dealings prompted selling TO retile D"
The railroad list
Tbe outside demand for stocks was very
much increased. and 10 was thls "IH.i
was fed by the professional opti t,"' -
Who have been accumulhuus at2.N7 .i
tho lower leNcl. AT the same une tll.
vigorous strength of Sugar, the hubp'5
and other industriais. and the cohllIu'i
speculation iu the Leather STOCKS Heir.o
10 sustain the list While the reauIllb A." .'a
going ON These stocks also SultI'u t'
the extent of from j TO over poiill7 5i
tho late downward movement iH'ieo
sunn0rt was manifest il SOM. Ol
newer industrials. when my u''' ,riie
TARGET recently for bear a-la' H. ula
was notably true of the Mating ana g.u-
cose stocks. Mating preferred 4o"u'li5
with a rise of nearly points.
or the low-p~iced stocks, StahoaIa i'ope
md Irvine was brought forward WIN avn
advance of 2ia. half OF when was eu'7
qucntlv lost The iron ana slcei s'olN5
also received favorable attention tuu
practically fed Stee. but salus l' ,r Sti.i,
were mo- better held than elsewhere. 1N'lc
wore other Individual stocks when were
strong at different times, mc.uons Al,li-
SON preferred, on IT'S september s,l-'-
ment 10 net earnings; Souihti ID Runway
preferred. and Chesapeake ana ono
London was q buyer here. though ON q
smaller scale than Yesterday, ana sleii-
fng exchange yielded q IiaciloH ll CON,
showing bv the banks on SATURDAY "sts
an influence in the growing heaFiht4s lu
stocks. New York exchange SHOWS ayilt
recovery at q few interior points, nv
continues downward at other, and me
outward movement OF money mas Hoi lg1
ceased The banks net loss To lne pun
Treasury thus Ear f0ots up over SLoD7uoV
joy the week ..,l..,
~ near the close 90 % per cent. pul 9.tS
after the bulk of the day demands Hap
Io.n moi 4r GATT per cent. Lenders OF
r,o~c,. o., fine hold out for g per cent,
".s+ soroe Of the l4ree Interests operating
,r ti-o market have been lenders of
r-o,.,- and are calling their loans for
1T. ..,,.,, ,rerqffore i'm stocks
''i T, 80. h., bonds disclosed the same
f.t ~ demand ms those in stocks
,'a1,- dormant issues being brought into
IN. tr9dirr. Standard Rope and Irvine
,..,,,e rose nm extreme BIZ and reacted
- me b.rd ret reacted in sympathy
--i+b efool,- I'M the latter part of the day.
making changes somewhat mixed Total