The times. [volume] (Richmond, Va.) 1890-1903, 1901-11-22
STOCK MARKET
DOES BETTER
New York Central Has a Sensational
Advance.
|. & N. WAS ACTIVE AND HIGHER
After q Dull Opening the Market. Takes
on Great Activity Ia
Few Leading
Stocks.

In the early trading yesterday the
stock market was rather weak, but as
the day wore on 1t gained in strength.
and toward the close there was something
like boom in New York Central, the
New York Traction stocks, and JouisViife
and Nashville. These were all very ac-
tive and New York Central rose from
1863 to 16S H. closing at 167 81. The
Traction stocks gained several points and
Louisville and Nashville rose from
los IS TO los IA, closing at 1G1 rs. Sales
in this stock of from 2.000 to 1900 shares
at d clip were reported. st. Paul was
also somewhat better and Union Pacific
went up to 104 before the close
NOT GENERAL.
The general market, however, did not
share in this advance and some stocks
were lower than on the day before. This
was notably the case with Locomotive
preferred. which sold as low as S. 3-S-
but rallied toward the close to 50. Sloss
was stronger. the common closing at 81
There was little change in American Can.
Universal Tobacco common was offered
a II and the preferred at 40, but there
were no bids. Consolidated Tobacco As
were more active than they have been
for some time past, but did not advance
in price. a number of sales around 81
were reported.
~ y! bfLfai.
The strength of the VanderbiIts is
thought to be, based on progress of the
comprehensive plan of consolidating the
various Vanderbilt interests. but the
Junior Vanderbilt group did not re-
spond to the activity in New York Gem
trail.
Edward Sweet, & Co. reported just be-
fore the close of the market that they
had heard that the National Bank of
New York would sell the Government
s10.000.0N0 Of bonds. The Government bid
is said to- be very attractive to national
banks. which have bonds on deposit TO
secure circulation, and it has been limited
for some time past that many of the
banks would sci, to the Government find
ing more profit in selling at current prices
than in issuing notes.
SIGNS OF BETTER PRICES.
1t is hard to know what a day will
bring forth in the stock market but there
were many signs in the late trading yes
terday of q bull movement, and higher
prices for to-day are predicted The
market has been seriously affected for
the past few days by the enormous ship
ments of gold and the rurors of war on
the Northern Pacific deal. but the banks
have been gaining from the Government
purchase of bonds and also by remit
tances from the interior: and many peo-
pte are ClSp0SeQ to believe that the
threats of the Western governors are
more talk than anything else, and it
may be that the market is now prepared
to cut looss from both these adverse in
fluences and trade on the great prosper
ity of the country. If so. considerably
higher prices may be looked for in a
short time.
Produce Market.
The produce market, taken as a. whole.
Is an unsatisfactory member. The vol
une of business is not as large as might
be expected, and prices, while better in
some lines, are yet as q general thing
far from good. Apples have gone up
somewhat, but live poultry has taken IL
drop Good apples are selling well at Sc
to $3.50 per barrel Ordinary grades run
between $3.50 and S3.25. Live turkeys are
worth to cents per pound; chickens,
s to cents; hens. cents, and geese. 40
to 60 cents Dressed turkeys bring 10 to
IL cents; chickens, 10 to u cents: hens, 8
cents; geese, to 9 cents. and ducks, Il
to Z cents.
Potatoes are selling well at So cents
to 81 per hushel.
Eggs are still worth % cents per dozen
Dressed pork Is selling actively 1T I
cents per pound.
Butter is in pretty good demand and
is selling at is to IS cents per pound.
Onions are worth So to $3.50 per barrel
Cabbage bring on an average about $l.115
per barrel!