Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-10-31
STOCKS AGAIN DULL.
MARKET NARROW, WITH ocoA-
ssoNss IMPROVEMENTS.
sioNas IN
ctLL MONEY REACHES 6P. ct.
most nf The Day. Loans. However,
Made nj Between az nma rcr
sent.-Brltcf That Geld Exports
Must Como.
Must ntAr
ohcr 3o.--Thc stock

NEW YoRh. october 3a--The stock
.aarket was again dun and narrow to-day.
.Bo,.Eh at times there were indications
~ somewhat better feeling This may
,grs been due TO tho slight decline III
5rr,snd for sterling, which lessened the
probability OF esrly gold exports. Other
t,v5rable features included some more
.sporss Of railroad earnings and London's
more friendly attitude, though that cen
trs deait very moderately in this market,
sra solo qui:e IS much as 1t bought
Opening Quotations were generally a frac-
tl.a better than the previous days close.
ne strong features in tllo early trading
included 81. Paul. Baltimore and Ohio.
southern Pacific. Sugar, ana Amalga-
--aies Copper Among the stocks that
-szssterea declines at The same time were
Reading Louisville and Nashville, and
l-n,tad states steel A further tendency
towards better prices was soon shown.
and Norfolk and Western Missouri Pa
eHs and Manhattan were quoted al i'm
psoved prices.
general Improvement other than the
traders seemed to think the market had
ne.r oversold The Could stocks as a
group developed increased strength, IN
dsr the lead Of Missouri Pacific. and there
WIS a moderate demand for Texas Pa
csc Tho trading in Pennsylvania. Sal
,uore ana Ohio. Canadian Pacific lli-
7a.s central. Delaware and Hudson. New
FORK Central. and wabash. seemed 10
sra some foundation. Northwest was
saasitvs, and declined on small dealings.
hr later made partial recovery. In the
social class American Cotton Oil made a
further gain. but Colorado Fuel and Iron
v7s distinctly heavy. United States Realty
4res were dealt in for the first time.
;1a preferred making a point advance.
SPECULATION REACTICN.AR1.
speculation became rather irregular and
-eacttonary toward noon, and business
3wudlea 10 the slimnest proportions.
While inside support was not altogether
s. king. it was clear that any attempts
III the direction of activity and a higher
level werc net with offerings of long
stock The list held barely firm during
rte early afternoon. though the reactions
,are chiefly due to room trading. St, Paul
rsre11ped unusual strength III the last
aagr, making Il maximum Use OF = points.
asi prcfit-talling ana the failure Of the 81
-eaJors 10 take ection on the proposed is
sra o. extra stock caused general selling.
Tho remainder Of the list vent off in
1mpatlly and the closing, while easy,
VAS d&li
Demand Sterling was quoted at 1850 to
SIS Call money worked as high as
7er cent. In the final hour, but most OF
. days leans were made between AZ
nd per cent. The advance in demand
cans was probably due in measure 10
-ha mai payment on Saturday OF $2f,G9N,-
.3 TOR account Of the recent bond in
ease OF he Pennsylvania railroad. Az
-zarcments 10 meet this payment We're
-e-fectcd some days ago, however. and 1t
Is more than likely that the advance III
~all money WIS largely influenced by the
lief that gold exports must come.
BONDS CONTINUE DULL.
Tie bond market continued dull, but
,rlces were we'll maintained. Total sales,
r value, 81. 76n, ooo. United states IS
coupons X per cent on the last call
Tot7I sales Of stocks today were S6i,-
500 shares.
HONEY AND EXCHANGE.
VIEW YORK, October 30..-~lost: Money
500 call firm at 4s56 per cent; closed Of
ICED al s per cent Prime mercantile pa
rar $500 per cent. Sterling exchange
steady with actual business in bankers
ais at 4sG.S75 for demand, and 1880 for
,lxty days Posted rates, 4.St44.Si1a 2rd
Gs-d4S3. Commercial bills, i.S2.15I 4S;;;,-9.
Bar silver. 5CIa; Mexican dollars 39S..
Government bonds f1r1ner; State bands
tAa.aIiv1. railroad bonds steady.