Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-10
4 MILLION SHARES.
,,ns AND MORE THE ExTlsNr OF
NEW YORK STOCK.
The MARKET GENERALLY FIRM
,.n, marked Advances, and Cloxe
with Sentiment Rather Mixed
Large and Brisk Operations in T..
81. and. Southern Railway.
1pE MARKET GENERALLY FIRM
,,.., Marked Advances, and C1oxe
win sentiment Rather Mixed
large md Brisk Operations in
sN. and. Southern Railway.

sFyy YORK. September 9.-With bus!-
acc wc1l in excess OF 100000 shares. and
,,+solv distributed. to-dag's stock market
,,,1e6 generally firm, with many marked
,dyances. and closed with sentiment
.otbar mixed. Except for further good
rron adviccs and word Of an approaching
;n,nortation of gold from Australia. there
,as Mile 10 account for the strength
shown. On the other hand, the financial
..,Inol; was again mcnacing. call loans
os,.ancirg to per cent. No little dis
es.isfact{on was shown at the status Of
The coat strike situation.
In good part. to-day.s prices were, at
,rjbuttd TO The many pools. The market
opened with gains IN the southwestern
locks. particularly those in the Gould
s,Ssfa,u and the strength OF these issues.
TT9oro especially Missouri Paciiic. which
was the feature in point Of activity, was
accompanied by host of rumors; none
Of them authoritative. The STREE
SscrIbed much OF Missouri Paciticc,,s
.Ts,ofh 10 the operations OF a we'll
i.,ow.7 pooi. and this belief was heighten-
cd by the character OF the buying
l.. & y. AND SOUTHERN.
Iotrr there were large and brisk opera
lions ia some old faNorltes, such as Louis
lii a,,G Nashville and Southern railroad.
I'd Il was in these stocks that manipuia-
ZION was most manifest Concurrent with
the movement in these issues was the
Strength OF St Louis Southwestern ana
-Ee sn-cailsd Denver class, but IN these.
rs we'll as in Southern Pacific. manipu-
Ist,on was at times almost fagrant AS
m The previous day, and. in fact, Tor
n,na time past commission houses re-
,1drtrd a dehrth of public interest. APP
n8rcntly more genuine was the move III
Wabash issues. and l' Wneeling ana
Lake Erie. which advanced sNmpathcu-
lily Little interest appeared to be
oyritad hy the regular dividend announce
ments In Western Union and Manhattan,
trading taking them as foregone conclu-
sions The advances in southern railway
nat with free selling for London ac-
ro,,nt but at the progress that market
bo11cht moderately of Southern Pacific.
which i; also sold when that stock moved
I'm The day as d whole once more lound
London seller on balance.
STEEL.
United States Steel shares were. COM
narativelv inactive and inclined to heavi-
ress partly as result of an adverse
i%cai decision, though both issues held
heir own at the close In the last hour,
stocks which had been previously neglect
southern Pacific, Baltimore and OHIO, ana
Sugar. were taken up. and made varied
advances In addition, there was an
ether heavy buying movement in the Wa
counter movement in ST. Paul and MIS-
souri, Pacific. which appeared to be IN
Inc nature OF proft-taking. New high
records were made by the last-na med
stocks. as we'll as by Atchison. the Wa
flashes Wheeling and Lake Erie. Pacific
Coast, ST Louis Southwestern, preferred;
Southern Pacific, St. Louis and Shet :.
7eld and General Electric. preferred
Rock Island issues were a feature. both
IN the Exchange and on the curb. opera
lions in the first-naned being stimulated
nv the strength of the new securities IN
the outside market.
BIG BOND PURCHASES.
Wabash dehenture BIS continued the
feature of the bond market to-day. enor-
NOUS purchases advancing them nearly e
points 10 So No further light was
thrown or the recent extraordinary trad
ing in this issue. The general market
was also active and strong. Total sales,
par value. s5,S55,600.
United States old as advanced q, the
new as. coupon. Il and the is Is per
cent, on the last cali The total sales
of stocks to-day were 1.12a,7oo shares.
MONEY AND EXCHANGE.
Close Money on call firm at 5Gs per
cent: closing 5ia per cent: prime mer-
cantile paper. 5G51a per cent
Sterling exchange steady, with actual
business in bankers bills at s4.se.23 for
demand and si.sS5O for sixty-day bills:
posted rates $4.S412dsi.S5, and S4SIG$A. S11l;
commercial bills, 81. .75Gs4 .S5.25
Bar silver. 5lTs Mexican dollars. 4019.,
Government bonds strong. State ponos
inactive Railroad bends strong.