The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-07-17
WALL STREET YESTERDAY.

NEW YORK. july l6.-The Posts nnancial article
l:4O y. W. tditOnl says : The StOck-kx change ma
ket~ continue, tar speculation controls them, 10
be versh ana unsettled. principally because there
are as vet signs of termination Of the trunk-rli
road war, and because II Is "A critical time with
crops in The paris Of the country where The rail-
roais are largely depended on good harvests for
a paving traffic. This being the situliiOn. even
those that believe that prices will rule much higher
have not the courage 10 buy at present; many tmid
holders are selling. aud The only spirit shown Is on
the part OF the bears, who accordingly have the
market. In word, Then, II may be 'aId mat T. G
bull interest" s slowly iiduidatiBg, while the
short interest is steady increasing. having he
courage OF recent success 10 back IL. The weakest
stock tC-1ay has been Milwaukee and -. Paul,
which sold as low as ll9. The other stocks which
declined most are Northern Pacific preferred, Can.
ada Southern. Missouri Pacific. aud Central Pa
ctnc. ihe trunk-iire stocks have declined less
been strong and higher than Yesterday after
noon. The Elevated Railroad SHARES have been
quiet ana about steady. As we write the general
list Is steady 10 strOuR. United states bonds are
higher for the extended 6's and lower for the AS.
State bonds are lower for North Car0llnas. Rail-
road bonds are 46A lower. Messrs. Winsl0w, Ian
Ter & Co. report a good demand for the gold 5's Of
9J1 Of the thlcagO. st. Louis aud New Orleans
raj road. which hey offer for sale. The money mar
kel is easy az 2A@3% per cent. for call and lime
loans, aud 3@4 per cent. for prime mercantile pa;
per. The market for foreign tXchau ge Is dull and
rather weak There Is no change IN The posted rates
of bankers prime sterling bills.
The following quotations were current to-day at
2:30 r. NJ. Western Union. Oh; New York Cen
trail. l44; Lake shore, l227s; Michigan Central,
lOila. New Olh, Lave duh W tHttlHs tO4s view
York, Lake Erie and Western preferred. S3f; New
York. Lake Erie and Western second, lOlh; Della
ware. Lackawanna and Western, 1927; New Jer-
sey Central. 90: Delaware and Hudson, lO9;
Reading, So; Nor hweslern, 1854: ~. Paul.
100: Wabash and Pacific 81; Wabash and
Pacific preferred. 91b; Union Pacific, 1929;
W., X. and r., 47%; Hannibal ana 81. Joseph,
81: Hannibal and s.. Joseph preferred,
ll2A; Pacific Mai. 494; &. &. and !. g., 23 !;
Northern Pacific common. 42fd42k Northern
Pacific preferred, 50; Central Pacific. 90; Rock
Island 1879; Chesapeake and ONO, 2SA; LOui-
sylle and Nashville, 1881; Ontario and Western
34K; Manhattan Elevated. 1885 Illinois Central
1875. Canada Southern GA Chicago, Burlington
and Quincy, 1853 Denver and Rio Grande, 1861;
II, Piu ana Omaha, Al: II. Paul and Omaha
preferred, 1903: Erie aud Western, So; Chicago
81 Louis ard New ORLEANS. So col Coal, 90; ohio
Central 329; Texis Pacific, dZH; Texas Pacific
l.. c., S3ia.
NEW YORK BANK STATEMENT
NEW YORK, July l6.-Tbe weekly statement Of
the associated banks shows the following changes;
Loans decrease, S4ll2 400: specie increase
$4,2ls.4 400 legal tenders Increase. S77440O de-
posts increase. 81 .356.j00; circulation Increase
s32l 90: reserve increase. S4.6b3.67j.
The banks now hold 81 l,2O6,7Z5 IN excess of le-
gal II quiremens.
BALTIMORE.
BALTIMORE, July l6.-Virginia g.. consols, s3k;
second series, 40; Dast-due coupons, 02i new
IO.AO's. Box.