The times. [volume] (Richmond, Va.) 1890-1903, 1900-11-11
STOCK !NARKE
CLOSED FEVERSH.
fluctuations Wild and Unsettled Jnder
copf1i ting influences.
REALIZING ON VERY HEsVY SCALE
Tho Eager Demand Tar Stocks oscs-
rode AZ Other i.huences. How
ever. and Prevented Much
Effect on Prices.
REALIZING ON VERY HEsVY SCALE
nr Associntea Prcs.. )

NEW YORK. Nov. Io-To-day's stock
market was not materially chanse1 III
character from that prevailing since
" ednesdaS morning, except tfaA -ah oi'
rortun.ty was gwen 10 test II Wheh tiic
BANK statement mace its appearance ,.
Considering The Kind OF buying ulat IDS
been going on during tho latter parl oi
Inc RueA, and The extent and reasons
.or some OF the advances made. tue mar
get came Through the te$t larry " en-
The Tnomenseiy chlh which struck Inc
market when the statement tifSs al,-
peared seemed TO pass. but a lever M
eaS on when the market closed. ana
fluctuations we're Wild and unSctted w
5cr the conflicting influences OF Vigorous
pressure by the tears ana eager support
by Inc powerful bull cliGues. or Ifahuc
urloaains By weak speculative Loiue!s
anu nervous covering -Icr q QUICK turn
by shorts
The. earlier marvel showed very mixed
conditions, but the eager cefnaho los
stocks OVERRIDE al other influences ano
prevented much effect on prices from
tie realizing, which MAS on q very heaS y
scale. Pacific Ma. jumped nearly ~
points by hatI-poiIlt intervals on the an
nouncement OF the entry OF the On on
Pacific interests into the directory, and
Union Pacinc WAS also ncably aHected
lie steel socks showed wide ano excited
fluctuations on q continuance OF the
heavy speculation in those securities
American Hoop, Tin Pate and Tennessee
Soai was most conspicuous, and were up
8 points or over
and other prominent industriais and spe-
ciaities we're must affected losing in
sorne cases between and j points. parity
recovering before the close The conster-
ne ton among, spectators over the show
Ing of the tank statement was due either
TO foolish laundering or yesterdays mis-
takes. as yesterdays figures from the
banks themselves clearly indicated loss
in cash, though not as large as that re-
ported to-day The extent of this decline
will invariably lead TO discussion IS to
whether cash was withdrawn or boarded
over election The loan item seems also
TO reflect the precautionary loan con-
traction OF Monuly rather than the later
liberal policy refiece,. in the money rates
Oh the Stock Exchange
the large demand for railroad bonds
affords better index of ttla substantial
character of the buying than for stocks.
United safes new advanced Is. the re-
funding IS tWfen issued and old As ~.
and the SIS and IS y PEI cent. over the
ruling price OF week ago
The total sales of stocs today were
$50 800 shares
MONEY AND raANGE.-Hroney OF
call nominal: prime mercantile paper.
tI&65ls per cent Sterling exchange nom
mai. with actual business III bankers bills
at S4.S4i2Gi.e43s Tor demand and at 81 So:s
s4.s114 and 81 s5i5; cc.s.rercial bills. $3.50
HI~Sc12 Silver certificates. GtdiJ: bar
silver, ga; Mexican dollars. %. State
bonds Inactive; railroad bonds strong;
Government bonds weak.
WEEKLY BANK sTATEMENT.-The
bank statement to-day shows the follow
Ing changes:
Loans, decrease .----.....S 6,673. $50
Deposits. decrease .-.......--- 800
Srculatio decrease ......... 1o, lO0. 600
Legal tenders. decrease 1900. IBIS. 500
Specie. decrease l.iS6.4oo
Total reserve, decrease ...-...- E,615,2o0