The times. [volume] (Richmond, Va.) 1890-1903, 1899-02-17
STOCK MARKET
STILL ADVANCES.
The Gains Were Material and Prices
Closed at the Best,
ONLY TWO EXCEPTIONS TO RULE
Tobacco and Northern Pacific Both
sold slightly On-London a Heavy
Ruycr of These stocks The
Local Markets
ONLY TWO EXCEPTIONS TO RULE

Now YORK. Fcb fO-P9c all
,,ro-5inrut atOeke advanced to-day. with
.ains ir many cases material ana trad
az lctt on with the tone flioit ana
rrices at The best. Traders from time To-
time sought t0 brne about reaction. lIt
were dlsodecd from one position after
another. aud the upward movement Dee
tame general ln fact the only active
stocks of Importance that We're exceptions
Go the rule were Tobacco and Northern
Pacific. the former suffering @ loss nf
a'e ou prospect OF increased competition
and tho latter = on % decrease JOB earnings
IN February which decreas was said 10
b. due Co storms London houses Zee
Nfrsed their policy ana bought more
Nutheu Pacific and Tobacco tllan they
bad off amy other stocks. Burn eion
which was eX-divioend. made an cA rene
advance of az ON n lnrGr volume OF trade
ing experimenting -ONHp shares me
buying of tlis stock was largely gN
horscs having Boston connections. The
advance was stimulated Dos One statement
or prominent operator That Do hdd phr-
chased largely iu thc beuel mat refund
ing plan would be announced in few
DAYS The influence of Burlington effect
rd the other grangtTs. which We're Dene-
ftcd Union Pacific was lifted nearly
points and the preferred over point
while Central paDIhc advance ! per cent
been reached with the Government COM
mission for settlement of its obligations
20 the United States. Motroroiill end
Third-ANcuue were very strong. rising
40. and %. respectively. Federal Steel was
in the van of the flower stocks ina THEN
rise. which began as the day drew 90 "a
close. Common advanced g points aud
Tho preferred ID Among the cOller~ Read
iug first preferred and Jersey Central
rose d. each. International PAPER and
Sugar advanced over points each New
York Central and Northwest among the
Nan1erbiIts. were benefited about point
rise while .nfIIa
left on with a gain OF is IlD traders
thought that the fractional .Etuces in
London before the opening D. been ma-
uiuuIateu from This side. ih. lId freely
on The idea That the effects re storm
would result in larger price .. east tenn
porarily. Subsequently they .Itered from
time 20 time as pronounced strength ape
reared in the various stocks. in the inal
dealings some stocks advances ID WAS
hoped would bring the public into the
market in day coz so The excess oi
exports over imp0rts-Njt.OO lulp-Was
something of sustaining factor inas-
much as DO was fakcu 90 ue am easy means
~ settling for the large sales of Amon-
can stocks for foreign account the past
The healthfm tome in stocks received
considerable b8ckdowu from the pure
Chascs ln the bond market. Central
Georgia consOis and Wisconsin Centrals
led in point OF activity The total sales
We're S59OONo0. United States new AS.
the old Is ani the Us declined u M the
bio price.
Total sales OF stocks To-day We're S7l 400
shares, including J.175 Atchison. 1920
do. preferred lasN-S Burlington. $500
Louisville and Nashville, 1900 Mdnhat-
tan. 1890 metropolitan Street railway.
II 01O Reading. g. $50 Missouri Pacific. ~
1lo New York Central. M.32O ST. Paul.
1886 SOutheren railway, 500 do. pre-
ferred - $50 Suear. $50 Tennessee coal
and Iron
MONEY AND E%CHANGE-M Money on
cali steady ct - AS per cent, last loan
af ~ per cent. Prime mercantile paper
fsN3it. Sterling exchange very weak.
actual business See bankers bills at 81 SGu
s1s for demand and at S4.S4U4. S4it for
sixty days. posted rates. S4NJn4S7. COM