Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-10-15
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsI-
NESS CENTRES OF THE WORLD.
Prices of Money, Bonds, Stocks,
Grain, Tobacco, Cotton, Cattle,
Country Produce, &C., Foreign
and Domestic.

NEW YORK, October 14.-During the
day the market ruled active and strong.
a very confident tone characterized the
business, and there was good buying for
both local and foreign account. Quite a
number OF operators espOused the bull
cause, being influenced by higher prices
for American securities I'm London, large
gold engagements and the favorable
statement just issued by the Bureau of
Statistics of the export trade Of the coun-
try for September. London houses were
credited with taking fully 1900 shares,
principally st. Paul, Louisville and Nash
VILE and the Iow-prioed issues. The
gold engagements reported to-day foot
up $4,000, and. according to authori-
ties, the amount to be shipped this way
by steamers leaving Europe tomorrow,
Saturday, and Tuesday next will aggre-
gate SlO.OOO,COO.
The heayiness OF sterling exchange,
posted rates having been reduced l-2c.,
TO AS1 IL and SiSf L., is interpreted as
meaning that the movement this way
borne out by the excellent showing made
by the trade statistics for September.
For that month the increase in exports
Of breadstuffs, provisions, mineral oils.
and cotton is $2O,6n, 1872, as compared
with 1895. The imports for the same
month this year have been light, and this
is also in our favor.
The advance in stock prices during the
morning session ranged from IL 10 Ii
per cent, the Anthracite, Industrials,
and GranCers being the leaders. Lacka-
wanna rose per cent; Delaware and
Hudson, 3 Ii; .Cotton-Oil preferred IL.
to 80 IL; Sugar u.s. TO 100; st. Paul 3-S.
80 II; Rock Island l II, to 81 is; and
Chicago Gas IS, to 81 L..
Tobacco was weak throughout, and, on
attempts TO realize, the price broke from
70 to II J-slts2 Is.
Late in the day money on call sudden
~ rose to 10 per cent. bid. and this start
cd a moderate selling movement n re-
dictionary tendency in the cereal market
also had an adverse influence. Reports
of an advance in the of-England
rate to 4 per cent. tomorrow, and be-
lief that the St. Paul earnings for the
second week OF October would be UNI
favorable. also induced realizations. The
decline from the top Of the day was
equal 10 IL to 17-S per cent, the latter
in Manhattan.
A feature of the day was heavy Offer
ines of money by Morgan brokers, after
money had been bid up TO 10 per cent.
Speculation LETT off steady in tone. ret
changes show gains OF l-Sll7-S per cent.
Tobacco lost Us. and Manhattan and
Northwest 5-s. The total sales were 20S,-
a54 shares. including 1920 Sugar. 52,lO
ST Paul. and 1900 Tobacco.
Bonds were strong. The sales were
heavier than of late. footing up Sl,4O9,0Oo
Treasury balances: Coin. SllG,lll,l5S;
currency. $59,4IS.4I2
MONEY AND EXCHANGE.
Money on call active, at 54l0 per cent;
last loan at g. and closing offered at
Der cent. Prime mercantile paper, Sqs
per cent.
Bar silver, Gis-s. Silver at the board
steadier.
Sterling exchange heavy. with actual
business i'm bankers bills at S4.sldSiH Ia
for sixty DAYS. and si.S} S-iaN-A for de-
mand. Posted rates. $LS 1-2NNA 1-2.
Commercia! bills. $40 l-2d4.s0 -.
Government bonds higher. State bonds
ouIet. Railroad bonds strong.
STOCK QUOTATIONS.