The times. [volume] (Richmond, Va.) 1890-1903, 1899-04-28
MARKET CLOSED
UNDER PRESSURE.
4 Combination of Circumstances Sent
Prices on With a Rush.
TRADING WASALl PROFESSIONAL
And Amounted To About Half n Mil
lion Shares - Improvement was
Noted in All Standard Railway
Mortgages Some FIotation.
TRADING WASALL PROFESSIONAL

NEW YORK. April 27-Stocks opened
up this morning easy. and after moderate
fluctuations either way slid back on add
Vices of crop damage. Sterling exchange
was stronger. and call money was AZ the
legal rate. g per cent, ga the afternoon.
AN Of which combined 90 send prices M
with rush. and the market closed under
pressure. The demand for money was in-
cidental 20 mo positions OF corporations
20 meet May disbursement. and then there
was a disposition among traders 90 autici-
patio "a possible squeeze in call money TO-
morrow when loans carry over 20 Mon
coy. There was moderate arbitrage buy
Ing Tor London account early, and tho
traders also were prominent buyers, but
THO diminishing commisSion-house hust-
moss promoted them TO switch their posi-
tion aud sell for turn. The trading in
half million shares was practically All
Tor professional operators Silver certin-
oates representing 10000 ounces changed
hands az from G3ha 20 GHc., the latter
being tho highest figure in over two
years. The bull speculation in silver as
well as dividend gossip. impaired strength
70 Denver and Rio Grande issues. Ana
couda Mining had over points Knocked
on from its recent advance on liuidation
induced by the denial OF large interest
that the Copper Trust" had control Of
the property Manhattan Beach dropped
points. with little recovery on stop-loss
orders being reported. New York Air
Breke sold up 4 points the greater part
judicial decision. which friends of the
property hope will be favorable. Della
ware. Lackawanna and western recov-
cred from yesterdays depression which
was connected with rumors OF impending
labor difficulties The hcayiness OF the
market was 0cccntuated by free selling
OF BROOKLYN Transit and Sugar. although
an earlier rise in Sugar was rumOr that
the company would offer rights to SUBJ
scribe for now issue OF stock az par. 10
be used IN connection with some deal with
The rival interests
Further improvements were made I'm
all tho standard railway mortgages To-
day. and some new notations were also
taken at improved figures. Total sales
81 10000. luitcd States registered . $
declined u and do. coupon, the now IS
coupon and the SIS =. IN the bid price.
The total sales Of stocks were $40 100
shares. including 9H3O St Paul; 600
Southern railway preferred, $50 Ameu-
can Steel and Wire; G"4S international
Paper. 552O do. Preferred 1910 Federal
Steel 5551 do. preferred; 52O1 Peoples
Gas. 61ogJ Brooklyn Rapid Transit; 1910
Continental Tobacco. COLO ST. Louis and
Southwestern; 11.31 Atchison preferred
1907 Chicago, burlington and quincy H.
30 Denver and Rio Grande, lpSbS 90
preferred. II. 900 Louisville and Nashville
1880 Mexican Central. 500 Reading first
preferred. L. 80 Missouri Pacific; $3.50
North American Company; J.fo ontario
and western
MONEY or ENCHANGE.-Mone on
call steady az 30G per cent. last loan az
$ per cent. prime mercantile paper. $500
4it per cent sterling oNchdnEe strong.
with actual business bon bankers at $4Stit
a. SIS FOR demand ana at a4SJAWi Nll2
for sixty days. posted rates, Sio1i4f4.op
and 81 S1ls ass; commercial bills Si>ii
m4sHt Silver certificates. 63' sN6i; bar
Silver. C3t. Mexican dollars. 4Nien0
Government bonds weak state bonds in-
motive. railroad bonds strong.