The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-02-25
81 MONEY K AND NEUTRALITY-SUSPICIOUS. :
THE EDITORS VIEWS
What the New York Evening Pa ers
$ Have to Say of Yesterdays Trading.

What the New York Evening Pa ers
s5ss Have to Say of Yesterdays Trading.
(spccial to The Times DIspatch.)
t93 NEW YORK, Feb. M-The Evening Post
says: To-day's very odd stock market
broke with much violence at the start.
recovered slowly and uncertainty during
lost ground rather briskly towards the
close Saturdays bank statement, which
appeared when the Stock Exchange was
closed and which was much worse than
had been looked for, was perhaps the tn
% dtst Which sh wa's sPen .ior business both
and Ink as result
]. Of which fact foreign prices Games IN ut
tho opening to-day. a. point or thereabonts
Vile and Southern Pacific with declines
n Of Is point general TO the list J, h,
{. rather uniformly to this foreign initla,,
4 tive, and such immediate declines ensued
as u in Amalgnmated Copper, ! eneh II, i!
Central Central and Texas Pacihc, i%in Missouri
Pacific. IL in Brooklyn Rapid Transit
Beading and G9 sInon EectTie easn
t hs DO ST In most other stocks. This
IS general decline occurred on moderate
business and with no great STR; Alter AL inc
irregular recoyeries hut little activity
& developed until shortly before the close
the reGGyery y, was ranid The extra
& Francisco stock, with Its point over
4 night rise. was not taken seriously.
The Mail and Express says: The re-
q sumption OF business on the Stock EN-
Is change after the prolonged holiday was
iist. A tho r FHesult Of general selling pres
sure, Induced by several causes, proml-
nent among which was the depression IN
4 Macedonian question reached an acute
stage while our exchange was closed
4 causing a decline, IN all securities abroad
the situation cleared up somewhat II
\ regard TO affairs In Eastern Europe. Lon
don was also affected BY an advance u
urday and the hardening tendency ir
time money here The pa'or b an state "a e.
& an influence on local Sentiments, The feel.
ing Of the foreigners was probably best
Y expressed by the selling of fully O0N
Nothing dehnite trapsp!red, however
and subsequently The Wabash shares
+ took the. lead, in the matter OF strength
\ TRANSACTIONS. IN the last hour speculatl9r
\ generally was favorably affected by tbs
Constellation of the Aldrich, bin In the
the measure was likely to pass thai
body.
The Commercial Advertiser SAYS: To-
days market took its cue naturally from
n The two most important developments over
the hoiiday-tiie, first 4 general decline In
tho foreign markets in WHICH Americans
d bore their part; the second the revela-
tions which from the speculative point OF
\ view, we're decidedly unpleasant IN the
weekly bank statement.
d afTheFef was some recovery III London
This morning on the news OF the Sutans
q q aceptance Of the Austro- Russian reform
"a II ri ig p-tl gl1 Il
( fallen ti as low as %, rallied TO s2%s and
Dther securities retraetgd part Of their
losses of the two previous DAYS. Bu,
4 American shares still averaged three
Il quarters OF a point nj least, neiow Fri
Il days New York parity and at the local
{ pnening the entire market Immediately
id3listed Itself to this level. The reflection
az the unfayorable Impression from the
u saturday bank figures was visible chiefly
on the Stock Exchange. Evidently tht
! money mark IN last weeks rise OF timc
(oan rates had discounted The, event pretty
bnronghly. No further hardening 81
stes appeared today. But the weakence
6nditton Of bank geSerYes met viii