The times. [volume] (Richmond, Va.) 1890-1903, 1900-10-28
COURSE OF PRICES .
WAS DOWN. ARD.
Favorable Bank Statement Checked
Movement Only Temporarily.
MANY NET LOSSES RECORDED.
The sfarle. Closed Weak and at the
I.ewest Level of the Day-Bonds
We're Active and Advances
Made in Some Issues.
MANY NET LOSSES RECORDED.
(By Associated Prcss.)

(By Associated Prcss)
NEW YORK, Oct. 2I-There was
very manifest disposition 10 sell stochs
10 take profits to-day. The appeat,a ~.
of the unexpectedly favorable paias
statement gave a momentary check 10 tiis
downward movement, but the ran! W."
taken advantage of TO increase tie So 81.
ing. and the whole list gave way, ciosi.i5
weak and al the lowest prices.
losses OF between ] and points are re
corded in not q few stocks, Doth IN .iir
industrial and railroad lists Inc iei,
Some stocks had period of strength
after the opening. notably Sugar, oTooiEi
lyn Transit and Metropolitan street ~ ~.
way. which stocks were most af1ecteu ~
the late selling movement Inc IRON ai AZ
steel stocks. as group. were Neah, Az
spite of encouraging reports Oh me III
dustry in the weekly commercial fepie .st
Several of them suffered to the extent
of 10 rs per cent
In The railroad list The most consplcu-
Gus selling was in Missouri racine, as
the latest stock to be subjected 10 IN
warranted rumorS 10 advance X, iol-
lowed by authoritative denials. other
members of the southwestern group Jared
better. notably ST Louis Southwestern
preferred. The Chicago and ATOMS ana
Kansas City Southerns were strong.
Southern Pacific continued heavy, in spite
OF the decision upon the new president
There was a disposition about the ex-
change to deprscate the excessive ten
dency of speculation and the hroadness
of the methods employed in some quar-
tiers. The systematic and periodical dis
semination of bull canards was felt TO en-
danger the stability OF a market where
buying was based upon such fimsy
grounds. No Ineligible. explanation is
offered for the large increase in cash re-
ported by the banks for the week. Pre-
Gminary estimates OF the changes had
placed the probable loss in cash all the
way from Sl,5o0.o0 up to over 50, GOO 600.
ury OF drafts for 100000 on account of
the Australian gold recently arrived in
San Francisco, not expected to figure in
this weeks statement.
Bonds as we'll as stocks have respond
ed 10 an awakened public interest, and
some issues have gained substantially in
prices United States refundinS Is. when
issued. advanced *, and the new is and
old as and the IS registered II. and do.
coupon q per cent. over the quotations
ruling a. week age
Total sales of stocks to-day were 229 GOO
shares.
MONEY AND ENCHANGE.-Money on
call nominal; prime mercantile paper, sac
Der cent; sterling exchange ady. with
actual business in bankers bills at 81 .S333
for demand and at S4.S0I4 for sixty days:
posted rates. S4.S1Fi4-Sl1a and S4.S4iaGII. 50;
commercial bills. 81. 793@G4. so. Silver Ger
tificates G4Ia665ai; bar silver, G43s; Mex
ican dollars. :Jo$4. Government bonds
irregular: railroad bonds irregular; State
bonds irregular.
WEEKLY BANK sTATEMENT.-The
weekly ban 31statement of averages of
the Associated Banks shows:
Loans. decrease ...-.. .......... S4 ,464 GOO
DEPOSITS decrease ..--...-.. j, 041 800
Circulation. increase .......... 12S,1o0
Legal tenders increase 1900
Specie. increase --------- 2,2IlooO
Surplus reserve, increase 1890. 3,oSi,1
STOCK QUOTATIONS.
Closing Bid.
.atchison ~ i21
-Atchison pfd -.;-- $3.50 --------.-- .4 tas
Canadian Pacific ........ SGis
Canada Southern ------.- -....-.... %
Jhes. and ONO --.------...-.-.- 90
chi. Sur. and and Quincy ............. 137s
Chi, Ind. and L.-------- -------.-- -
Chi, ind. and L. ptd-. .............. d
Chi. and East Illinois ......... 931k
Chi and Northwestern ..--.. 162
Chi, Rock Island and Pac. ......... 1oS1s
c., C, c. and ST. Louis. G2la
Colorado Southern d.
Colorado Southern Jst pfd. .---.-... 80
Colorado Se-.hcrn "a pfd-.- 1JE
Del. and Hudson OBSERVATION-DISCLOSURES. H.
Del. Lack. and Observation-Disclosures. IT'S
Den. and Rio Geo. 20
Den. and Rio q. pfd. le
Eric LIST pfd . .. 35Is
Great Northern pfd. ...... ........ 1G334
Hooking Coal ----. lGA
Hooking Valley 1900. ......... :;6la
Illinois Central lis
Iowa .entrai $500. .-.-.------. "
Lake Lake T rie and p' Western : q /
Lake Erie and Western pfd--.--...- 102
Lake Shore ...........-..- 2v6l2
Louis and Nash " T5L,
Manhattan H.. .... .. OTIS
METROPOLITAN Street Ry.......... 1901.
Mexican Central ..--.... ---.--... 12A
MINI. and st. Louis ........... 30
Mimi and st. Louis pfd............ 97k
Missouri Pacific -.---- 56S
Mobile and Ohio -......-... 50
Mo-, Kan. and Texas -.-.-.-....-.. 10A
Mo-. Kan and Texas pfd. .......... :s2A
New Jersey Central ......-........ 1884,
New York Central ..--.-.......i... 1921,
Norfolk and Western -.-.... ::7A
Norfolk and Western pfd. ......... 761h
Northern Pacific ...-...... 56ia
Northern Pacific pfd-..-.... $500. IS
Ontario and Western ..... o2Is
Oregon Ry. and Nav...... ....... ~
Oregon Ry. and Nav. pfd..--....... IS
Pennsylvania -.--,-.- ......... 1855
Reading list pfd- .....-.. :iS3t
Reading I'd pfd. $3.50 ......... 2S1&
Rio Grande and Western. ........... so
Rio Grande and Western pfd....-. 90
S.. Louis and San Fran. ILL.,
ST. Louis and San Fran. LIST pfd ,;Gh
ST Louis and San Fran. I'd pfd :stia
ST. Louis Southwestern .-. l4M
ST. Louis Southwestern pfd-...... ::ss2ss
81 1,an! $1,000 --.-..--...----- I1ah
-. @iai ItH L.
St iaui and Omaha -..-.....- 112
Southern Pacific $3.50. -....--..... :::61s
sonthern 49,. -. ..---..... LIS
Sohiheih Ky pia----.. .-..---.-.- 5iiS
texas ana facilc --------.......... l134
,-isiosi Iaeidic .::.-.-- -.------..- SlA
.,,ilpn racine p1u-.---- 1-'i&
nauasil $1,000 ---.- -..-....-... a!
Wabash p1d - -.....-.. 1SEs
wheel ana l., E..--...... ......... %,
Wheel and l.. e. I'd pfd.. ..G,s
1850 Wisconsin s.In Sehifai .----- 12M
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