The times. [volume] (Richmond, Va.) 1890-1903, 1900-08-15
PRICES OF STOCKS
MOVED UPVyARD
The Chief impetus 10 the Rise Was
manipulatise Orders.
NO CHANGE ny MONEY MARKET.
Despite Very Heavy Engagements OF
Gold for Export To-day: There was
an Increase in Volume of Bonds
Dealt in aud Tone was Firm.
NO CHANGE. IN MONEY MARKET.
Rr Assoctated Press


NEW YORK, Aug. 14.-To-days stock
market gave marked exhibition %
strength. rejecting. as it did, an Hp"@tn
movement in all classes OF secufit!es- ~
doubt the chief impetus 10 the rise va
manipulatiNe orGers, particularly so IA
the steel group. Reports OF a possl'ic
anlcable adjustment of the wage sciit-
oule was Responsible for y rise OF . points
in American Tin Plate and i 10 IL IN
klndred properties.
The bucyancy Of this group radiated
throughout the entire market ana iiittu-
eaced pool operations in other STOCKS. 40
yesterday, the leading railroad shares DC
cupied a commanding position in the MAJ
ket, exceptionally large blocks 81 tie
AtchisonS, Changers and Bacihcs oStii7
taken at improvements ranging from
large fraction to rs in st. Paul. Pracu-
caiiy The only lasgarGs 10 the up%afh
trend of stocks were Baltimore and ONO
and Southern Pacific The aforementioned
was sold heavily on its July earnings
(Which fell of S233,o69 net. An effort was
made to raid Southern Pacific on the
announcement oil the death OF Its pfesl-
dent, c. 2. Huntington. but the opening
off of block OF zoe shares al siS44. which
was u OF i per cent. OF yesterday close,
was readily absorbed.
Indications that the stock was 10 be
supported influenced the bears to trans
Ter the attack TO Sugar. This stock dis
PLAYED a good deal Of iTTeguiarity and
ended 1ls of As the effective buying
OF the railroad stocks became more
marked many of the usually inactive
stocks. participated IN Inc ueaiiiiSS ana
improved materially. Despite the excep-
tionaliy heavy gold engagements for ex-
port tomorrow, aggregatlnS SS,i62,OOo no
change III the local monetary situation
occurred Abroad. however, a reflection
of the gold drain from this country was
noted IN a decline in money, and dis
counts in London and exchange on Paris
and Berlin receGed- Some recovery was
made early in the day in sterling eX-
change bat subsequently the market be-
came easier on sales against to-Inorrow's
shipments.
me Sub-Treasury showed q net gain of
SODA, 600 on yesterdays operations, While
its debit balance at the clearinghouse
to-day increased to Si,9.G. 100. Statements
of the tonnage in east-bound shipments
OF provisions and cereals by the leading
trunk lines indicate Il heavy gain over
the previous weeks movement TO the
Seaboard.
market there We're indications that the
short lines Were being reduced, and prices
ended AT about the highest.
An increase was noted in bond trans
actions to-day. but the inquiry was gen
orally for The se1ni-speculative issues.
The general tone was quite firm Total
sales. par value. S735. 900. United States
refundin:s 2's CwIaen issued and old as
advanced 4 and the IS Il in the bid
The total sales of stocks to-day were
$500 shares. 49,
MONEY AND ENcHANcE.-Money on
call steady at IL per cent; prime ner-
camille paper 46i:5 per cent. Sterling eS-
change soft. with actual business in
bankers bills at 81. S742 for demand and
at $i.S35s for sixty days; posted rates,
81. S41AGIf. S;512 and 81. SSl4Gli. 50; CONNER
ciai bills. S. S3l4 al SLY silver tertitfA
Gates, C11sa62lI: bar silver, GIG; Mexican
dollars. 49,. Government bonds strong,
State bonds inactive; railroad bonds firm.