Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-10-26
STOCKS IRREGULAR.
STRENGTH INDICATED EARLY. nut
1T Is SPOTTY.
BRILLIANT ADVANCE IN C0hLERS.
The Tendency Elsewhere in the List,
However. LOwcr-Whcat Gets he
covers the Loss.
covers the Loss.

NEW YORK. October 25-The move
ment Of prices was irreguarly upward
for the railroad stocks. while many In
dustrial stocks. and especially those Of
the most recently organized companica
showed symptoms of weakness. The
movement Of the market was by pulsa-
tions, first one and then another group
Of stock taking up the advance. There
was no time during The day when tho
general level of prices kept company at
the top, the rise i'm one group giving way
TO reaction before the advance was taken
up by another. Many stocks were slug
gish throughout the day.
Prices generally gave way after ,
O'Clock. under pressure of realizing in the
Lead stocks. which had been the centre
Of speculation an day. The earlier gains
were wiped out i'm numerous instances in
this reaction. The aggressive advance Of
the Coalers checked the decline and RAJ
lied the market, but not TO the top level
The market closed with the brilliant
advance in the COalers stu in force, but
with the tendency lower elsewhere i'm tho
list. The net gains in the COalcrs went
all the way from point In the minor
members of the group 10 "a In New Jer-
sey Central Dealings IN the Leather
stocks were again on an enormous sca.c,
the common rising at one time 10 -.
and the preferred To SIS. Other points OF
individual strength We're Sugar. tho
southern group of railways. the South-
western group Iowa Central. preferred /:
Ann Arbor. preferred; Great Northern,
preferred: Anaconda. and American Car
both common and preferred.
SHOW or STRENGTH.
The market opened with show OF
strength. reflected from London, where
Ion a .aa
a large bear account i'm Americans. 50
that London bought here as many stocks
as were sold for that account yesterday.
Large realizing met the advance. ana tho
local traders We're inclined 10 the bear
side They had some assistance from the
positive weakness OF number or eiochS
i'm the industrial list. Stocks having TO
do with the metal industries Were ali
heavy. and Pullman General Electric, ana
I.aclede Gas declined Sharply or stocks
of the more recently organized companies,
American Hoop. preferred, Union Tag,
plcferred. and Anne rican Mating. PEE
ferred, dropped from 10 points, on
small transactions.
The continued stiffness OF the money
rate. which ruled al per cent. or above
was "a OBSCURE cement 10 the bulls. Iho
sudden drop 10 1 per cent. late In me
day, though not of much sign.hcdnce az
AN indication q actual conditions. helpfu
ON the late rally in stocks. The recovery
in sterling exchange. i'm view of the hard
ness Of money here and the drop IN as
count rates I'm London. is difficult 10 OK
plain. especially i'm view OF the Tree nuy
ing of stocks by London IN TINS marc
There was some growth Of the demand
for stocks through commission-hou lii
addition 20 the large operations Tor ac-
count Of influential speculative comoinaf
lions. An analysis Of the days changes
Giscloses. however. that the strength or
the market was decidedly spotty.
s
There was good demand for bonds,
m generally higher prices. Total sales,
nIr value $2I1DNO. United States new
as registered. advanced Is ana no., cou-
pom. x i'm the bid price. o,,o,
The tota sales of stocks were tW,lD
shares. including Atchison preferred IL
250. Chicago Burlington and quincy, H.
100. Rock Island $3.50; Great northern
preferred. $50. Delaware and HUDSON
6 700: Delaware and Western, $500: Louis
Vile and Nashville. 100, Manhattan -
no. Missouri Pacific. 1910. New jersey
central 1860; Norfolk and Western. H.
O75: Ontario and Western. lON'' Readlns'
first preferred 30o3O; Reading. second pr
ferred. 600: ST. Paul 1920; southern "a
oific 2q $50. Southern Railway. o. SCUM =
orr, I5aii,,ay nrefcrred. 800: Texas and
Pacific 900: Union Pacific. SLIGO; Jhioi'
Pacific. preferred. 1L7J; wabash. prefer
red. &. 800: American Steel ana WIRE. Is,,-..'''
American Tobacco. NZlO, Andtoliu" A!iii-
mo O on. Brooklyn Rapid Transit. 5S.ns.
FEDERAL steel. p $50: sugar CLIO; United
states Leather. 123.3G5; United states Lea
Their, preferred, 1879.
MONEY AND EXCHANGE.
Money on call firm at 447 per cent
last loan at per cent; prime mercantile
paper 505l2 per cent
Sterling exchange firm, with actual pu-
siness i'm bankers bills at SiS for de
mand and at A.3 for sixty days; posted
rates. SlS4d$4S4ia and N.@0$iSola; COM
mercia bills, $iS2A.
silver certificates 5N4n59. Bar silver,
s75s. Mexican dollars. 4ls.
Government bonds strong. state ponds
inactive Railroad bonds Irregular.
xn.fr Ctnelc Quotations..