Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1894-03-11
The WEATHER IN RICHMOND YESTERDAY
d. -. 4 ...a..r., 1ho skios nf mid
NEW YORK STOCK MARKET.

to-day. The stock ranged between ~
and 93ik and closed at 81, a net gain for
the day of rs per cent The rise was
based on the belief that the directors
would reclare the regular dividend either
to-day or on Monday. Up TO the close
OF the market, however, nothing definite
WIS known. The stock was also strength
ered by reports that the company had
purchased large stocks OF raw sugars re-
Gently, which win net II big prOilt, II
the Senate tariff bill becomes a law.
80 FAR as protection on refined sugar Is
concerned, an official OF the company
said that any one familiar with the sugar
business knows that when the varying
rates OF duty are reduced to parity
| " 100 degrees OF raw sugar there ~
practically no margin whatever Tor the
American rehners. Under the duty pro-
posed. some OF the grades of refined sugar
| from England will come into this country
Il a lower rate OF duty than the nome
renner Will be obliged to pay on his IA"
material, these sugars being bright ~
color. but low in polarization. The opin
| ion. however, had 10 effect on the stock
which continued to move up.
| Chicago Gas was In better demand, and
| rose to Co.'S. Railway stocks were quiet
| fer n time. but near II O'Clock Il brisk
| inquiry set in, and prices advanced "a
II. per cent. st. Paul, Burlington ana
| Quincy. Rock Island, and Northwestern
were all prominent in the upward move
ment. When Sugar ran off to $ss, near
| the close. the general list receded Is to
s. per cent, and closed steady at the de-
cline. The net changes show gains of
| lsQlB per cent.
The total sales were 1900 shares, OF
| which $500 were OF Sugar, 1900 were
listed, and 1900 unlisted.
Railroad and miscellaneous bonds were
active and strong.
Treasury balances: Coin, &6,ll1ooo; cur
rency, Si6,ii50D.
MONEY AND EXCHANGE.
Money on call nominally l per cent;
prime mercantile paper, 44iis per cent
Sterling exchange firm, with actual
business In bankers bills at Asla+S'A
for sixty days, and sl.SSizqLsS5l for de-
mand: posted rates, $3.50 l@l2; CONNER
cial bills. $fs6iaqLSfi for sixty days. ana
| ASSa4SsA for demand.
Exchanges, ssi,072, $50; balances. SITS
| Ssl. The sub-Treasury was Sl6O,363 debtor
at the Clearing House.
Bar silver, 595s. Silver at the board neg
| lected.
Government bonds firm. State bonds
dull. Railroad bonds strong.
THE BANK STATEMENT.
The weekly statement Of the Associated
Ranks shows the following changes:
Reserve decrease, sli5,521.
Loans, increase. $i6,lOO.
Specie, decrease, sl625O0.
Legal tenders, increase, N5hWJ.
Deposits increase, sl,S62,50o
Circulation, decrease. SlO6,JOo.
The banks now hold s75.G33.S75 In excess
of the % per cent. rule.
STOCK QUOTATIONS.
Closing bids
American Cotton ............... 2S1s
| American Cotton OIL, preferrcd..''.'. o'7i
| American Sugar. ................'.'''.''' W
American Sugar Renneries, preferred'''
| American Tobacco. ........... .....'..''''' 90
| American Tobacco, preferred ........''''. "a
a,osison. Toneka and santa Fe. las
| Baltimore and Ohio. ............'...''''' If
| Canada Pacific. ............''.''.''''' V.
Chesapeake and Ohio. .............'.-..' l.Hs
Chica 20 and Alton ...'..iSo
/
Chicago Gas Trust. ........-....'.. 90
| Delaware, Lackawanna and Western......loo
Distillers ................. 2o1s
Ess, Tennessee, Virginia and Georgia.. g
| East Tennessee, Va and Ga. preferred.
rr,e. 17B
Erie, preferred. ~
canar,, electric. 43ia
| Illinois Central. ........................ Ola
Iaxo frie ana Western .............. 1914
LAKE Grie and Western preferred. ....... 661s
Lake SHORE. -...!.'.......'''''~'A
| I,ouisyills aud Nashville ................ 4f1s
Louisville, New Albany and Chicago.
Manhattan Consolidated. ...."...........l 2415
Memphis and Charleston. ................. 10
Michigan Central. .................''.'.. eoi3
M,ssour, Pasinc. 24ls
Mobile and Ohio. .........s.''... .
Nashville, Chattanooga and ST. Loais...... 20
National Cordsse.. ........................ ~ .
National Cordage. preferred. ............. 81
New jersey Central. lob
New York Central. -...l0o
New York and New England. llss
Norfolk and Western. preferrcd...... lSA
Northern fsclnc.- .,.-.........'..'.'......' 80
Northern Pacific, preferred. ....."........ lsA
Northwestern. -. .'..........'..i uoa
Northwestern. preferred. ..........-........l39
Psctnc Mad. ........................... 1o,<
Reading ..............,........... szM
Richmond and West Point............... 80
Rocx Island. (. ;. 0oh
~, Paul. 6sS4
Ss paul, preferred. =. ...isaA
SILVER Csr:incaAes ................. 5Sss
Tunsssss Coai ana lroe.. .............. 1914
rsunsss>s coai era ISoa, peslsETsd..... o.
4sxss xselos. .....ss..'.ss'issssss't ~