The times. [volume] (Richmond, Va.) 1890-1903, 1902-04-01
EASTERN MARK {
Dl ]: [ |; ] P0Il \ II !!
It Had Been Expected That Prices ice,
Would Be Higher.
Blu b ! II W a S \ j SO SO
The Market Was Dull, and Showed
Disposition to- Sell Lower-Ra abroad
Earnings Make a Favorable
Showing.

The stock market yesterday was a dlsap-
pointment to traders on the bull slde. ln n e
market closed strong onasl ntlrsua .l. -
there were no unfaYorabies developllfaesttih. s
in the meantime, except tina some OF @t u
railroads were hurt by the storm On the
other hand. there was a. better bank STATE,
ment on Saturday than had been looked
loss had been expected, and on account
of the reduction in deposits there was q
gain Of several millions in the surplus re-
fore, that the close yesterday would pc
strong and active, but it is usually the
unexpected thai. happens IN wan al street.
DULL&AND DOWNWARD,
The market opened at about THURSDAY 8
closing figures and then became dull with
a tendency downward Iater1sln the ses-
sion there was an upward movement, ~
some stocks but the gains We're not hsld
and CLOSING prices in many cases were
lower than the opening. 1t was a ragged
market and prices were eccentric; for
example, there was a. rise of more than
point in Colorado second preferred and
loss of a point. in the first preferred. as
compared with Thursdays prices: LOUIS
Vile and Nashville was disposed to sell
off on the flood news, but Afterwards
The absence: Of any London market
made the opening a little uncertain ana
commission houses seemed to have very ny,
limited orders. There were rather neavy
sales OF Colorado Fuel against purchases
of convertible bonds. Leather preferred
showed some strength ont Of a. pond
issue to finance the bank dividends, Wh1cn
however, did net obtain confirmation in
any reliable quarter. American Sugar was
firmer on the better outlook for CUBAN
reciprocity. The Gould stock opened firm
but it was thought there were good sell
ing. orders in the market.
:, RAILROAD EARNINGS.
Reports from the railroads were gem
orally favorable. ST. Paul's gross earn
ings for month Of SFebruary decreased
81, 1854; st. #Paui's net earnings for month
of February decreased 81: 674; Union Pacl,
s43s, 473; Union Pacihc's net earnings for
month of February increased 1854;
Wabash's net earnings for February. III
creased SAC, 054; the net increase for eight
ern's net increase for February was slo.-
S53; for eight M nths. 140,269;z Big Four
surplus for light months increased $685.
664;. Central of Geofgia's net Increase for
eight months was 1888; Chesapeake and
Ohio's net increase for eight months was
| S16S, 1854; Norfolk and Westerns net in
crease for eight months was s4233, S3322
CONSOLIDATED TOBACCO.
LOUISVILLE, KY, March 31.-The Con
tinental and American Tobacco Compa-
leaf tobacco sold They are taking close
to 1000 hogsheads weekly, and the buyers
say they will continue to hold up the mar
ket for the present, as their requirements
| are enormous. te:.5ss
! WHISKEY ADVANCED.
| LOUISVILLE, Ky, March, 31.-Prices
of fine whiskey have been advanced q:
TO 10 cents a gallon since the kentucky
Distilleries and Warehouse Company
bought the $1,000 barrels held by T.. b
Ripy. Ripy. had held his whiskey. since
1928, when he sold his distillery and the
big company. finally tired him out. The
| big transaction has started an active spec.
ulative movement with higher prices.