Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-03
-.s AND BONDS ALSO STRONG
,tsrEn THE TRIPLE HOLIDAY.
,FADlRG COMMON FEATURE,
nu,ine Creates Something
,.,,c corncr-stecl> Scores Net
,,once of SIS Points. and Gloss
,t Hfghe.t Figures of the Day
General Market Close Not Mt Best
Prices.
Prices

,-r-5y YORK, September the resump-
W. If operations In :ale stock market
,..c- the triple holiday was accompanied
!. ir,reased activity and strength in the
.-,4re list More than score OF stocks
,obllshed new high records, among them
s,,-r h;chison. common; Canadian Pa
'Isn cleveland. Cincinnati, Chicago and
=. r.o,,is. Colorado Southern. I'd pre-
I.rrnd: Detroit Southern. common and
.r,fsrred. Milwaukee, Kansas and Texas,
r-,lc-red: ST Louis Southwestern, Nor
~ and Western: Pennsylvania. Baiti-
more and Ohio: the Readings: ST. Joseph
sr5 Grand Island. "a preferred: Toledo,
=, Louis and Western. common and pre-
,orrsd: Wheeling, common and I'd pre-
torred and the Sloss-S hetiield Steel issues.
Tho leading factors were last weeks IA
yorshle bank statement and the strength
of Americans abroad, London buying
on balance 10 the extent of 2O.oc0 shares,
ca,eily Atchisons and Reading
No Specinc news was hcaru 10 account
for the improved conditions and gen
oral enthusiasm. save in The case of the
anthracite coalers. concerning which there
anpeared 10 be a fast increasing hope,
fosrcred in high circles that the strika
is nearing an end. Reading, common,
vas the feature, scoring net advance OF
fb points and closing at the highest fig
uTe OF the day. on contractiohs aEefe-
gazing over go, 900 shares or almost one
quarter OF the days total trading. The
orner Reading issues made material gains,
as also did La ckawanna, Delaware and
Hudson. New Jersey Central and the
A READING CORNER?
There were rumors that the heavy buy
ing of Reading common, had unwittlnS-
liz created a condition savorinS OF cor
nor The buying OF this STOCK came IN
large part from houses supposed 10 rep
resent inside interests. To srea; e i',1aS
stocks was ascrihed TO the better outlook
resulting from the new agreement TO ad-
vance grain rates TO last springs basis.
from the Missouri river TO Chicago and
reported for July were in the main salts
factory Such properties as Louisville
and Nashville, I-uon Pacific, ST. Paul.
Norfolk and Western, Wabash, Minneapo-
lis St. Paul and Omaha, ana Sault Ste
Marie, as well as q number OF less con-
spicuous roads, showed net increases.
Another favorable feature. which was
not disregarded by students Of the mar
ket was the large increase OF exports
oyer the corresponding period for lass
year The list continued somewhat
Nrung and active to the end. though the
losing. save in q few instances, was not
i best prices. The only unfavorable de.
elopments were the higher rates for call
money, 6 per cent. being the maximum
igure, with n fractional decline at the
dose and further drafts on local banks,
mounting 10 o9.00V for the crop move
nents in the West and Southwest
POOL MANlP ULATlON.
Much of the days business was credit
"a 10 pool nlanipultion, but there was,
1evertheless, much public and specula-
i've interest OF q genuine character. On
he curb" Northern securities and the
new stocks of the Rock Island Company
haT at any previous time
n J.l- ctr oh
.-..,...,, ny ,.4e congressional in
terest. The stocks of the American
Bicycle Company were weak throughout
as a result of the day deFe!ol,aehlssss
me price of the common stock selling Off
to ~ as against 51a at last FRIDAY
Railroad bonds We're generally higher,
In sympathy with the stock list, parncu-
larly the convertibles. Total sales, par
value. $3.50, coo. United States rs and IS
advanced u per cent, On the last call.
TOTAL SALES.
The total sales of stocks to-day were
81 100 shares. including Atchison, 65, 100;
Atchison preferred, 1880; Baltimore and
Ohio, 50, 400; Canadian Pacific, 1880;
Chesapeake and Ohio, 60oo; Rock Island,
s. 4ol; Delaware and HUDSON, 500; Erie,
3 400 National Railway Of Maine, 10soo;
Missouri Pacific, 10,40o; Missouri. Kan
sas and Texas, $500; Missouri. Kansas
and Texas, preferred. 100; New York
central, 0,lND, NcIlplh anu ~ Ss,tSAii'
24.7oa; Ontario and Western. $500; Penn
sy.lvauia, 80 700: Reading 256. $50; Read
ing first preferred. 5.1No; Reading. second
preferred, i6 400; ST. Paul, 2o9oo; Southern
Pacific, 73.4c0; Southern Railway, 1850;
Southern Railway preferred, 100. Texas
Pacific, 36i 100
MONEY AND EXCHANGE.
Cicse-MoneY on call firm at 5G61a per
cent: closing 5lzlS; prime mercantile
paper 5Gf5lR per cent. Sterling exchange
easy with actua! business in bankers
bills al s4.S6.65 for demand and Si.S3S75
for sixty days: posted rates, S.S5d$4 .S5la
and $4.S1l24$4SS; commercial bills $4.SSG
$4.S3.5.
Bar silver 52ls. Mexican dollars. :1N.
Government bonds strong. State bonds