The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-01-19
THE MARKET
IS BROADER.
During the Final 1io ,,1t, q Trading
Took on citing Like .i,s' 5...g
Animation. zt.
BOND MARKET VERY E! y FIRM; 4 y
Favorable Turn Of Far Eastern
situation and Local ): a. a. Money np,y,
Helped Price Of Stocks.
lpv a ssoclated Press,)

NEW YORK, Jan. I1s,.-Thc stock market
RESPONDED to-day to tho #fAVordple tu'i
OF sentiment abroad over the Fnr Eastern
b outlook, and the notable STRENGTHENING
OF tht local money situation. Ihcrc was
moro active and a broader market
and during the final hour the trading TOOK
\ oh something like an limitations. the same
striking preferences for STOCKS OF minor
x r.,ilrcads and ndustrials Tor speculative
mo-. emcnts that has been III evidence 20 +
some time. was the conspicuous feature
OF the trading
New York Central and Louisville anil
4 Euthyilc achieved II one point movement
early in the day. but II was not until
TAT. In the last hour OF the session that
Et Paul moved up 4 49, g.. This cxhnusts
tn. lists Of standard railroad stocKs
which made any movement worthy Of no
ticn III, y,
visr1 ousiy n hand, evidently for q spec y
lalive cnfnpa.gn, the common being liited
4 i SIS and the preferred 3 ~. The bonds
OF the Rock Island group OF corn pan lt,s
made even mo 6 sens,i tiondl advances, INC
iives scoring an upWnf q Douna % AZ
pnrtmentS %uf tho snlrtet "as rather
broader but was consaerable oyeIrTs i.a "a
eyed q the heayy se,2a ous osorp
ton or The corporations .,Neord mortgage 9
per cent. bonds had prhed sym .I,,l thetic 9,
1T. cct on the preferred stock. INC par
s3ates she exeee e ID that Of
FIRST or the bonds sold lui,ng the day.
This movement was Induced by the an
listed On the London Stock Exchange.
This gave rise to an expectation 4 hat
IN comprehensive movement 10 make Il
ma ket ne bonda Ras N eonteP ia.
20. tHnt element In the ROCK Island
s movement. 5{& III
Anpalganated Copper rose q point. The
few raLruads reporting gross earnings for
tn. second week In anuary made more
fattrab.c comparison with last years cor
g responding periods thar was the case
/. wi,t, the first weeks earnings The Mis-.
sour sour Pacific statement st net earnings
Anr November partly Offset these favor
nblc Influences showing. ALT did "a de-
cl.nt7 in net earnings OF ftss.sal.5 OF oyer
rate OF dividend 10 be declared Tomorrow
On Eric first pretertcI acted as g. drag
on those stocks.
Hni the rise OF Sterling Exchange. to-
vatdJEthe gold export pom e was n lot the
c,tusc OF any surprise or apparent 1ineasi-
Il nes.t} Il:
Bends were firm, with sthe principal!
transactions in the issues above noted
ami In ~ abash debe1 turc Is. Total sales,
ppf wsIue states, sSsss Bonds we're UNCHANGED
on call. 45ikss 8
Total sales Of stocks today, were 46i, 100
st,ai es tStt
New YORK, Jan. IS, Close: Money OH
call easy l,l-o to 2 per CENT: closing A-;.i
10 offered at I 3d.. Time loans much,
easier, CO. days 3 per cent bid; ninety
days aud six months tod II. Pii inns
mercantile paper 4 81 to 5. Sterling ex-
Il charge steady, opened steong, with actual,
puslress In bankers oils at siS,90 TO
r 81 sG.Di for demand. and at si.S3.10 to
s4.s IL and sI.S3 IL. Commercial bills
s.Ss IL Bar silver IS is. Mexican dol
lafS rs 81