The times. [volume] (Richmond, Va.) 1890-1903, 1902-02-18

MARKED Dull AND
UNlNTERESTINIG.
Severe SnoWstorm Kept Attend
ance on Exchange Small.
DEALINGsIN oNLYFEW STOCKS
undertone Was Firm, aud While Prices Did
Not Hold Always at the Best, the
Level Did Not Get Below That
of Saturday Night.
(By Associated prcse

] = 81
NEW YORK, Feb. 17.-To-day's severe
snow storm lessened the attendance at
the Stock Exchange and made tho stav
Snort OF those brokers who did attend
me consequence was a dull and uninter-
SCslals market of no very fixed tendency.
Importance. and the price movement in
! these was inclined to vary. a number Of
usually inactive stocks made some pro-
sress upwards. The undertone was firm.
ana Wh1ie prices u.u not hold always at
the best, the level of prices did not get
below Saturday night. There was an &C
tive speculation in Metropolitan Street
Railway, but the opinion of the new plan
remained about as un1ixed as since it's
PRONUNCIATION. Sugar advanced on ac-
count of the. rise in the price of refined
sugar and the continued hope that the
duty on Cuban sugar would be RENTED
by Congress. The urgent buying of raw
copper in London and the sharp advance
III the price resulted in buying of Amalsa-
mated Copper here There was some inn
proVemcnt in the stocks of different steel
companies, apparently in connection with
the annual meeting Of the United States
Steel Corporation, but the movement of
the United States Steel stocks themselves
was narrow and dealings were not on a
very large scale, considering the enormous
volume of the capital. The railroad list,
outside some of the minor stocks, was
sluggish and neglected. The continued
paucitys of the grain movement and the
obstruction to traffic by storms fore
Shadows a repetition of the decreases
Of gross earnings for the second
week in February. Although confidence
has been professed in Wall Street that the
Supreme Court will hand down a decision
next Monday favorable to the Northern
Securities Company, as the time APP
proacheS for the court to convene there
is a disposition TO hold off speculative
opera tons until the case is decided. There
seemed to be less apprehension felt among
brokers regarding the threatened colleG,
ton of the tax upon collateral in call
loans. The money market showed some
degree of firnneSS, although not Quotabiy
changed The large operations By lndl-
viduas banks disclosed by the bank state
ment gave fresh confederation to the sup
position that large syndicate transactions
are in preparation. The flow OF money
from the West is showing decline, but
the overflow by exports of gold has been
checked. owing to the repleniShment OF
Bank of England supplies and the actual
plethora of funds in Germany. The GOV
crnment surplus is also running light this
month. The late rise in Sugar to points
over Saturday, and the recovery to the
top in Amalgamated Copper sustained the
market which was otherwise inclined TO
irregular.
Bonds were steady. Total sales, par
value, s. 10000. United States bonds We're
all unchanged on the last call.
The total sales Of stocks for the day
were iSS,20e shares.
MONEY AND EXCHANGE-Money call
closed steady at o1a per cent: prime mercantile
with actual business in bankers bills at SiS1A
II.S73s FOR demand and at S4.Sf9s @i: S4Ht Tor
sixty DAYS: posted rates. Si.S5j. and S4SS;
commercial bills. s4.st!sc4;sals: Bar silver, 50;
steady; State bonds, inactive; railroad bonds,
Irregular.