Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1888-08-21
FINANCIAL.
Hyv YORK. BALSrNsax ARD RICE.
MoaD sroCx ExcaAuGRA
Grain. ProvidonS Cotton, robscsa Tar
pcntfns Resin, fss. and
Peanut Uaxk stS
nyssiesrsph 70 the Diapa,ca.i

NEW rosg, August 20.--The ssock market to-
iay was dun except foe few heading sucks.
but Was generally strong eurnf moot OF tne
time. The interest In the spec1lsiioe was mo-
nopclizod BY six or eight stocks. white the re-
msindor vsre duh and generally with smsh
fluctuations of liftfe OF no slgnifcsnce. There
WAS eettor feeling among tns commission peo-
pie on The street this morning. and TIE news
from the growing crop. was o. the bes, chsfn.,-
ter. which had the efTect Of opening ne market
up from sas per cent with New Enflsnd, ex-
cepiionnl gain 81 i per cant Chicago "ss He
seller, and traders started In ~tth mai INTEREST
60 bring about further reaction. and ~ ne
early trading they did suoceod Ia knocking on
quotations from d n 4 per cent. ihe later N
Missouri Pacific London ses Moderate tdyef,
however, ard there WAS fair Dnmbor OF Osyloe
orders In the martet IN fha hsnds Of cgmnlr-fh
houses, which served 10 check the decline before
the end Of tho irst hoEr. IL s0on DecAme evi-
dent that the Chcsg0 people were running on
their shorts. aud traders soon foiioSet which
give for a time bupyant tone 20 tae deannss
and the r1se iusugsrated lessod AL i.So oesost
Z. v. 10 was said on tue street. that iu,vJ
shares o. So Paul had been called In Tor ship
mont % Europe. and ~ Il became evident hat
last weeks report Of damage 10 tho crop hnu
bee9 grossly exaggerated = more buhtsh Feeling
developed among the trsdrrs, and the gfangers
Immediately became prominepA Burlington ara
Quincy leading with gain OK ~. though ppr-
ton Of 1t was lost in late deelt0gs. 1herc was
little more animation after room, wheh tha
coalers and Gould stocks came 10 tho irons Sod
Western Union aud Missouri Prciic wore -pe-
cialy active. which was tn sonc direcaoas re-
garded "a vt least significant The Improve
ment was also helped 10y the rumors q COM
bin alton having been formed 20 prvsect The msF-
bet against further attacks and 20 sustain coue
Of the leading stOcks in particular, bh' ne buy
ing Stacked on toward 2 O'Clock, though nf'sf n
slighf reaction the best figures we're AGAIN ap-
proximatcd. and thereafter we're well mnin-
tanned. no further feature marked the flnAl
transactions. and tho close, while dull, was SRA
81 or near ne highest prices Of she day. Bu>S
ness done WAS Il ,ac shares. Tho dna cfDnscs
arc almost invariably in the direction OF higher
figures. and the active list shoEs material gains
throughout Lacsnwaops aud Burlington ana
Quincy rising Ia hgrrswcs'ern, AXE shore
and Reading, ~. Louisville snd NAshviilc, hi>-
sour Pacific and 81. Paul. II Cansds South
ern. Northern PRiHc preferred, New eng ia'f,i'
Pullman, Union Pacific. and western Union, /;
ana others Fractional amounts
NEW YORK, August G--A0on. Stocks dull ard
steady. Money easy stialN. EXchange-Lone,
as short. ~. Governments duh and steady
Erenflg.-BxcnAnk aui"t and weak. Money
easy 81 TAI = per csnt sub-IreSury bAaDces-
Coin. s5s. s59. 000 currency tI@i9.0oc Gov
ernmsnis dull and st-aiy; per GEMS, iS,a'
~ per cents n7',. State bonds neglected.