The times. [volume] (Richmond, Va.) 1890-1903, 1900-08-30
MORE ANNA l1|ON.
ONSTOCK MARKET
Strength Conferred in the Steel Group
But Became General.
THE GAINS WERE WELL HELD.
Although the Number OF Issues Dealt
Iu Was No, Large, Trading Was
Not Near So Concentrated as
for Some Time Past.
(By Associated Press

NE WYORlL, Aug. 23.-Thcre was
stirring OF speculative interest to-day
which gave an appearance OF greater an
nation to the stock market than II mas
SHOWN for two weeks past The strength
conferred in the steel group for the greater
part OF the day, but in the later deal1nEs
1t extended throughout the list Inc us.
of active stocks was not a long one, put
such as We're dealt in show quite UNIFORM
gains extending to near a point, or over
that in many cases. The gains were Wen
held. and protit-taking made only sllsh l
inroads, the close being firm, though
quite at about the top.
Although the number of issues deaiI
IN was not large, the trading was not
nearly so much concentrated III lew
stocks as for some time past. In the
steel group the gains ranged from a polht
TO and pa, the latter figures in NATIONAL
Steel and Steel and Wire. There was no
exception in the group to the upward
tendency, which was due to the reports
OF the growing demand for iron and iron
products of pretty much all grades. Inc
progress OF negotiations for the settle
ment Of wage schedules which are in
progress was probably reflected also in
The movement. Generally speaking, the
demand for stocks is partly ascribed to
the requirements of the short interest,
Which was made uneasy by the check to
the decline effected yesterday. Their dis
quiet was increased by several incidents
OF the day. Prices received an opning i'm
petus by the advance in the tone of the
London market, which was encouraged
by the reported success of General Rob-
erts against the Beers
Actual buying for the London account
was on a small scale. The upward course
OF the London discount was checked,
however. and the hope was entertained
that with the conclusion of the Stock
Exchange settlement money difficulties
are obviated for the immediate future.
The statements Of railroad earnings for
the day We're good, including the Wabash
annual report, showing a prosperous year,
and the St Paul report for July.
The threat OF q strike of the anthracite
coal miners not seem to affect the
market, and Erie first preferred, in the
group of coalers, advanced 11a. The
homeward course of the summer Yaca-
men in Wall Street movements was a
sentimental influence for the advance
the room traders, who still absorb practi-
cally all the dealings, seeking to antici-
pate the coming operations which they
suppose these men will embark upon.
Tie conditions in the money market re-
main unchanged.
the market irregular. Total sales, SLID
600. United States new Is advanced u
in the bid price
The total sales Of stocks to-day We're
800 shares.
MONEY AND ENCHaNGE-Mon on
call easy at 11.CI11la per cent: prime mer-
camille paper, 4et4a per cent. Sterling
exchange firmer, with actual business IN
bankers bills at S4.S4l2Gl4 SIss Tor de,
1nand and $4.S4 for sixty days; posted
S4 S3Js Bar silver, 6las; silver certlil-
Gates, 61as 6l6a4; Mexican dollars, ISIS.
Government bonds strong: State bonds
Inactive: railroad bonds Irregular