Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-02-22
@. H. Berry & Co.
STOCKS CLOSE HEAVY
STANDARD SHARES GENERALLY
orr. WHILE COALERs IMPROVE.
TOBACCO GOES UP TO t79.


NOW YORK. February Alas re-
suit Of tO-day's trading on the stock Tx
change. the standard shares were gene
rally of frsctionally. while the Coalers
improved materially. the advance in Jer-
sey Central being about points while
the changes in th lndustrials are mixed
Tho Specialize and the Industrials show
% pronounce strength In the early deal
ings, and tlcn became foyorish, with ale
tornate displays OF weakness ana
strength The Continental and London
markets showed some hrmnoss after tho
carly dealings. partly Influenced by the
hank Of Germanys reductions In ~ rate
Of discount COMMUNICATIONS buying
was largo IN the early dealings, but eH-
ccpting the Industrlals changes were not
notable.
TOBACCO MOVEMENTS.
Tobacco continued IT'S upward move
nent until a rumor was disseminated
that tho short interest bad received ihu-
nations that "a private settlement OF their
short commitments could be arranged
without recourse 10 the open market The
stock. on rcltoration OF these reports
droppod over n points from It's high
ngure-l7s. ending with net loss OF
fraction.
been melted out 20 the shorts IN Tobacco
caused all uneasy feeling among those
with short commitments Boa Sugar which
as reflected IN covering from time TO time,
with "A resultant rise at ono time OF
polnts the greater part OF which was
subsequently lost The declaration or inc
regular dividend on Leather peltiltis
lifted the price of that STOCK over points,
most OF which was lost.
PACIFIC MAIL
Intlmatious that tho steamship mail
Fubsldy hin might become "a law benefited
Pacific Mail lia Consolidated Gas, Me,
tr0politan. ana General Electric hnoWtu
strength az times, but feil on WIN tnc
rest OF the market during The proht-t taxing
period in the afternoon. Great northern
preferred made an extreme gam or S3s'
and Third Avenue one OF DA
Tho large speculation I'm the lndustrials
was i'm A way responsible Tor the fact that
on the eve OF holiday there was some
oht-takiug during which most ran.
roads fell off considerably, Win a hufht
recovery in some shares, hut the maIh,'
closed rather heavy. London was mod.
crate purchaser on balance ana the tot'i
dealings An the local market were Smaller
than ON yesterday, although they were
in excess OF N00W shares
standard on closed iSlgi@'
BONDS FIRM
The demand for railroad bonds was
less urgent to-day but prices ~ thv
main showed considerable flrmness. TotM
sales =. 900 600 United states Is al
NanCcd A An the bid price
Tho total sales OF stocks were sh'lW
shares, including 25a20 Atchison 4ooo
DO, preferred. I,320 Central Pa inc, SS,A-V
Chicago Burlington and Quincy, t@
Delaware aud Hudson. 1920 LOUISVILLE
and Nashville 1850 Manhattan, ee20
Metropolitan, 42.N0 Reading, nrst pre-
ferred. A go Missouri Pacific 1910 Mis-
souri, Kansas and Texas, preferred. biO
New York Ccntrdi 2Oe0 Northern Pacific,
6.GOO do, preferred. 4olu omaha and West
ern: ESQ Reading; a22o Rock Island ll0)
st Louis and san Francisco preferred eN-
dividend. $500 Union lacinc 22.6u0 81.
paul. ~ el8 southern Pacific, Sle South
ern halfway. SA0o Union Pacific. pre-
ferred. 600 American Tobacco; 2ao Fed
oral steei. 1920 do. preterredi t.L0 feo-
MOS Gos. SQO Consolidated Gas 1870
irooklyn Rapid Transit ioio Pacihc
Mail iSlM sugar, l0ob tennessee Coal
and Iron: 10 go Leather preferred
MONEY AND EXCHANGE
Money on can steady al 2Q2@ per cent
lasi loan at 2ls, prime mercantile paper
-4uNt per cent ~. 1900,
Slcr'ing exchange strong, with actual
business Ina bankers bills az NNA0>AN' =
far demand and NSSlANi2 Tor SHY
DAYS. posted rates, SlSt.s1es - and N@'g
QSiN. commercial bills NNaNM'9
silver certificates. nommallN' osf' pai
silver. t9s,: Mexican dollars, a. -.
Government bonds hrmer' Sta'e boha'
inactive. railroad bonds nfm