Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-11-27
the List.

NEW YORK. November 26.-With lie"
exceptions. to-days STOCK market was
virtually a repetition Of that OF the hfst
DAYS Of the week. There was the same
;x-.r,,,or tone. with many issues under
increased pressure The only Important
develonnent was the official announce
men. OF the Observation-Disclosures
,ooso as,nhattan was again very eX-
-,ensjvelv traded in, and made an carry
rise of Il. per cent; later advancing 10
I57,l, and closing at 156 LIS net gam
Of 21-4 points. on transactions consioer-
ably in excess of one-fourth OF the en-
.;,e DAYS business. There was much
re,,;6ation of Manhattan on the old theo-
~ that q stock is a sale when the sood
news is out.
The only stocks that opened with
show of strength were Colorado fue''
uhich continues to be the centre OIL
eerce controversy. and Rock Island pre-
fe,res which after brief period of heap-
,ness advanced ia per cent, and VINCE
closed with net advance OF point
The international list was generally io"
or. and the material decline in Reading
was ascribed to disappointment over 'he
nutcome of the more recent settlement
negotiations. Early dealings also reflect
ed much pressure against Union Pacihc'
Southern Pacific. st. Paul, and Baltimore
and Ohio. while the Industrials were very
inactive with pronounced heaviness in
the United States Steel stocks.
MARKET IRREGULAR.
As on previous days, the move in Man
haitian brought slight improvement else
where in the list. but the rally barely
covered initial losses. save in ST. Paul
and Reading The market became duilef
and more irregular. with operations alto
yetter professional. Colorado Fuel. alter
a further gain of point reacted lt2
per cent and closed unchanged. Anal
ramated Copper seemed to nave some
support, and Sugar was about STEADY.
There was practically no news to explain
die course of other leading stocks. except
IN the railroad group. where some unsat-
lsfactory traffic returns were reported
On the other hand. certain other standard
~aiiroad issues showed good lncrt.-ses.
reveral purchases of Manhattan in 1000
share blocks came out before noon. and
scores of / ooO-share lots were traded in
Nanhattan's price crossed Pennsylva-
MAS for the first. ufne IN some days. %.
Paul. Southern Pacific. Union Pacific.
and Atchison We're bio up fractionally at
times but it was observed that these
stocks sold off at the first exhibition of
weakness elsewhere.
PROFESSIONALS SHY.
AS the day wore on. the professional
element showed little inclination to make
commitments over the holiday. Commits
sion buying was nominal throughout, ano
most of that was western liquidation in
The Steel stocks. The weakness of Texas
and Pacific was supposed to result from
the idea that that road might be most
affected by any aggressive operations of
the anti-Gould interests. The tone of the
market n the close was weak.
Some of the active bonds declined to-
day but were lso issues which advanced
slightly Total sales par value. S2,OS5.0oo.
United States bonds We're all unchanged
on the last call
The total sales of stocks to-day were
6Ss. 600 shares.
MONEY AND EXCHANGE.
Close-Money on call firm at 1905 per
cent: closing 4@5 per cent; time money
steady: sixty days, 6 per cent: ninety
days. per cent; six months. ~ per
cent; prime mercantile paper. 61sd6 per
cent.
Sterling, exchange steady. with actual
business in bankers bills at s4.SL1260p
f4s7450 for demand. and Sass for sixty
days: posted rates. s4.sitz-..Si1s and Sass;
commercial bills, S4-S2. 756s4.SS.G.
Bar silver AHA. Mexican dollars. 81
Government bonds steady. State bonds
inactive. Railroad bonds irregular