The times. [volume] (Richmond, Va.) 1890-1903, 1900-11-10
9.9ss2-sssssis ss5=s-
STOCK MARkE
FuRl0lSL I AC Il {.
No iiliernission OF. Abat ment From
0penia g 10 tsse Close.
MANY ISSUES DEALT IN.
SPECTATORS Easacd from One Stock
70 auotncr. 1r nsfsriiag Their
Fruits ai.s., IN One Quaiacrto
A.4o.iie,--B o..ds strong.
nv Associated Press

NEW York. Nov. 3.-Te-day VIII provo
a memorable one in the history OF the
Stock E2schteage. both ~ reason OF me
amount and th,s, great variety o. the BUST
ness Done The aggre gale number o.
shares 81 all SOCKS tt.aoJd in footed ny
40 less INN u .tsJ.GpD Shares OF Hsteo
issues, aTS. ttlc CilTlber ot oliiereiil stoeAe
5eall IN announced 20 tIi issues.
here We're t:oils OF Tho enormous met ci-.
p1d4tal transactions which showed IN LIZ
excited 1saain& and extensive bp5flls "
y ecneSG2g Neither w3S theFc ihe sFH
cl1rontgiS GaoVerasnt@of the Whole niai hcs-
syiilch was so conspicuous on WEDNESDAY,
Including he hriets period Of reaction a1ter
The first utls9ar.i rush Of prices Ie-uts ,
market. on the contrary, was eSceeoas.s'is
varied and iffs3nnf ali daL, ana the w
fious aetiNltY continued without in5eEhltS,,
sion OF aisaIenlert from the opening iiii
Inc cleSf.
DitIareIf stocks alld different groups 81
stocks geTe SlCcesSlYeiy brought iorWasa
!fito the advance. and ssuecesS!Seiy yielded
10 the pressure of proltf-takiDg s>.itt-s,
while snec11inters rushed to another
group. transferring their profits from one
quarter O. lie market 10 be invested IN
another. Nothing could be more ehafac-
itsrisIiC OF =. genuine buit market IN tHii
swing, aud the TACT that the rotation OF
The speculation brought ii around 1nto
The railroad group AGAIN before the Gay
had elapsed added 10 the confident senti-
als12t Tor The advance
At the opening and during all the earlier
Part OF the day the railroad stocks were
distinctly under pressure. Northern Pa-
citic and the whole Of the Pacific group,
as. Well as PennsYiG2nia. ruled nndef last
nights CLOSING level, but under the suF-
tanning influence OF the strength in other
points in The market the praut-taklnS IN
the railways, including continued heavy
ceiling toT London account, piocecded
without serious impairment OF prices Inc
local traction group and the inercuriai IN
dl.sIiiis including Sugar and Peoples
Gas. continued in an upward rush Tor d
time and then succumbed 10 the season
II prott-taking,
Speculative interest," shifted 10 the steel
stocks, and ultimately Carried most socks
in ha group ~ . IRON 3 10 oyer :,
Wire, which CANT iatc into the move
rnent ThA demand ior these stocks and
their gains were, on the whole. the most
conspicuous and Heli-sustained Of the
DAY. The cGalerS advanced as q Group,
Reading frs; preferred leading With a
gain Of oss They were followed by the
grangers Missouri Pacific, Baltimore and
Ohio Norfolk and Western. some of the.
southern railroads. and during the last
hour Sugar and the Pacitics generally
Tho forecasts of the weekly cash
changes Of the banks We're not altogether
rea1sl1ins, but as the cali-luan rate failed
10 give any warning indication of a
scarcity OF funds, speculative activity was
continued IIl 10 the close, but with some
signs Of unsteadiuess in prices.
The bond market was strong, active and
broad to d degree corresponding With that
Tor stocks Total sales, par value, Sir6.p-
Gt1. United States new IS advanced =,
and ali other issues except the registered
IS a per cent on the last cali.
Tie total sales OF stocks to-day reached
l,594, 500 shares.
MONEY AND I;NCRANGE.-aIoney on
call steady at :}fT4 per cent; last loan al
,i1a per cent; prime mercantile paper,
434G5l4 per cent. Sterling exchange firm,
with actual business IN bankers bills at