Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-02-10
STOCKS ADV A nee,
THE CLOSING OF THE MARhEi
HOWEVER. HEAVY.
THE TONE WAS GENERALLY SYRCNG.
ncsIings for Day Less Than 's""'
NJ Iate--CoId Weather InhVehcos
x,-,,oot Mnrl.et-May Closes With
Net Gain of ID.

NEN YORK. February Stock prices
advanced. except for periods OF tenlpo'"'
hesitation pretty generally until the i"S
,,,,er,.r-hour. when professional dealings
-. v,ony sbarvs only slightly above yes
terdav's closing. Many c0nihiSsio''-''
o,stoners were disposed 10 repuio'"So
s,oek reoently sold. Chicago houses were
credited with being sellers whne pur-
chases and sales for foreign account We're
sbo,,t even. Large operators are salu u
ha1,a b,rcha sing orders in the Specialtes'
a,a traders bought for a turn. There
,,os snnne eveoing up OF accounts both
80 tn auttoipation of the holidays on
saturday and Monday. The advance
broueht prices UP above point IN many
,,s,nnree which was exceeded in some
cases. There was a recession IN prices
1rhtcin wa d6Sipatcd by a renewed au-
vance Iod by the Coalers ana turning
ION she former being affected by the coia
weather. which il was assumed "ouIo
cause dealers 10 replensh stochs' mus
assuring increased uaHlc. .
The strength " the Flower group Oh
stooRs teas a pronounced feature
TOBACCO WEAR
7-bo-a was a conspicuous advance In the
standard stocks. including pennsylvania
the Vanderbilts. the Changers SouthWest-
- sher.s lake Erie and Western,
TNVin civ Rapid Transit. and the Indus
trial fpeci4lties generally, except To-
bscco winch Was weak on the pfospee'
OF increased competition. Chicago, Indi-
anapohs and Louisville, preferred, and
General Electric were strong. on dividend
talk. Standard Oil closed 4650465
Tho dealings for the day were less than
IN any similar time recently. The closing
WAS heavy.
The transactions were relatively on
larger scale in bonds than in stocks, those
in bonds footing up $6,2'5,OO The great
bulk Of the dealings were concentrated
in the speculative issues, with Kansas
and Texas % and Texas and Pacific z
rising sharply.
MARKET GENERALLY STRONG.
The market generally displayed a strong
tone. purchases for out-of-toWn interests
be5ng very extensive. United States new
as. registered. declined SIS in the bid
price. -, ~
The total sales Of stocks were 5000
shares. including Atchison preferred, %
i40;. Central Pacific. $50 Chesapeake and
Ohio. $50; Burlington. 60 fO2 Manhattan
ESQ. Metropolitan Street Railway, 1880
heading first preferred 1920; Missouri
Pacific. 1880: Missouri. Kansas and TeXa
preferred. 111O0; Chicago, indianapolis ano
Louisville preferred. 500; New York Zen
trail $3.50: North American Company, 10
40. Northern Pacific, 23.6l0; ontario and
Western. 500; Rock Island, 1880; Union
Pacific. $500: ST. Paul, n,l7O; Texas and
Pacific 2S.O2J: Union Pacific preferred y
80: Tobacco. $3.50; Bay State Gas sou
Federal Steel q 665; do. preferred, le'' -
peoples Gas. 500; Consolidated Gas, q
90, Brooklyn Transit 2l,130; Pacific Man
$50; Sugar, 1920; Tennessee Coal anc
Iron. $50: St. Louis and Southwestern
preferred, 1880; Chicago Great Western
1905.
MONEY AND EXCHANGE.
Money on call steady at IL per cent.
prime mercantile paper. 3-4q3 Ia pei
cent.
Sterling exchange strong. with actua
business in bankers bills at &S5 1-2I
SIS8-4 for demand, and AS60$iS6 "a 70
sIxtv days; posted rates, A.SiNS4S4 - am
s4ssaSIs6 u; commercial bills, SLS2l-2l
$Ls3. -o,o1.o,o ~ 49,,
vsr s95-8 Mexican dollars, AZ is.
Government bonds weak. state bond
Inactive Railroad bonds steady.