Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-07-03
MARKET QUOTATIONS.
prPoRTs FROM ALL GREAT Busi-
NESS CENTRES OF THE WORLD.
pr,ces of Money, Bonds, stoch''
Grain, Tobacco, Cotton
Country Produce, &C, Fore's"
and Domestic.

NEW YORK, July 2.-There was q sinai y
.horse IN the temper OF speculation at
the opening Of business at the STOCK Elk
change to-day. The receipt OF higher
cuotations from London and OF buying
orders from that centre led TO an al
vance Of Is TO IL per cent. right at the
start Sugar and the Changers being IN
the lead. Before the expiration OF the
first half hour however. the bears had
succeeded not only in wiping out this
innrovement, but in bringing about de-
cline of considerable proportions In
number OF instances. There were re-
norris Of heavy liquidations. and. as mat
ter of fact. round amounts OF long STOCK
ware closed out on stop-orders In Chi
cago Gas Sugar, Manhattan, end one
or two others. but In the general list the
selling was mainly for short account a
fact which was plainly demonstrated later
in the session.
In the decline just noted Chicago Gas
,,.as corsnlcuous. declining 4 IL TO per
oort sugar fell from 1O9 IA TO 1O5 10;
Tobacco from CO IA 10 IS 81; Burlington
and Quincy. 72l-S, to 70 81; Northwest
ern from es "a to 81 IA; ST. Paul, "a ~
~ u Is: Rock Island. from 81 IL TO % Il;
Manhattan. from 81 IA to 80 H. and 50
on. The bearish feeling was very pro-
aounced, and rumors were received apou'
large gold shipments by Saturday steam,
ers. although leading bankers dehieu
maj they had received any orders TO ex-
port the yellow metal In the aiierhoon
the absorption OF stocks for foreign ac-
count had a telling effect and, as the
belief generally obtained that the ex-
nected declaration OF the Chicago con-
vention for free silver has been pretty
well discounted a general desire was
rosnifested by the traders 10 cover shorts
and go long. at least for turn
The inward motement made rapid pro-
80, to,vard the close when II was stated
~ a, least q COZ shares OF stock would
"a Skinned 10 Europe by Saturday
',.earers and that the transfer offices
80 y, rious companies were very BUSY
sri,,,irg I'M full lots OF stock into ten
sbare certificates for the Europeans.
SUGAR advanced PA, TO 100 5-s; Cnicago
Gas pa TO So 81; Tobacco Us TO OF,
and Manhattan 21-2, to 49, other s'ochs
irnnroved 1912 per cent, and the auVanco
Was well maintained In the maj 'rauiis'
when speculation was hrm IN TOM. =.
total sales Ntlt -fff''-
nc ts 100 Sugar. $500 Chicago Gas,
% S,I 20 e. paul. and $500 Tobacco.
The net changes show gains OF i-fal o-s
,o- cent Sugar leading. Chicago Gas
-, and Illinois Steel 3 per cent.
Ponds were irregular. but In the main
lover The total transactions were ssOs'-
900. .,oo s,- 90.
treasury balances: Coin, SlOs'ZS"SSS'
currency SIS 933 5S6.
MONEY AND EXCHANGE.
Money on call steady at 2a2 IL per
last loan at 2. and closing offered at z
per cent. Prime mercantile paper, 0a5 IL
per cent. -
lower.
,,,,,h actual business I'm bankers bills at
"A s7GA@ IA for sixty days, and SIS for
demand. Posted rates SssgASs. Com
bills. sis6 1-fd$.s6 "a.
Government bonds weak. State bonds
dun. Railroad bonds easier.
STOCK QUorhTIoNs.