Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-03-17
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT HUsr-
NESS CENTRES OF THE WORLD.
Prices OF Money, bonds, Stocks,
Grain. Tobacco, Cotton, Cattle,
Country Produce, &c, Foreign
and Domestic.

NEW YORK. March Misrepresentation
at the Stock Exchange, TO the regret
Of commission houses. continues narrow
actions were only 1854 shares. and of
this Tobacco. which is only half stock,
or so par value. figured for 6i,70O; Gene
raj Electric, for 1890; Sugar, for 1890,
and Leather preferred, for 1880.
There was little news ahoat to affect
speculation. outside Of the publication OF
the Northern Pacific plan OF reorganiza-
ton. Even the effect of this important
announcement was only passing in its
character. This probably can be ex-
planned by the fact that the provisions
of the plan are so far-reaching that the
street, quick as It Is to discount future
events has been unable to fully grasp
the subject-matter. The assessments on
this stock, however, were considered
heavy, and some OF the holders of the
third mortgage were OF the opinion that
their interests had been sacrificed for
the consols. The first effect OF the pub
LEGATION of the plan was a decline in the
common to 17-s, and In the preferred
to 49, The consols. on the other hand,
rose from 51-2 to 491-2lf4S 3-4.
The Northern Pacific issues were not
particularly active in the stock market.
only 1900 shares being traded in. but
in the bond department, the dealings in
the issues Of the company footed up S2.157,-
OO0. In a grand total Of S3.0SS.0t0.
The general railway list presented little
Of interest At the opening the tendency
was downward, but after a moderate re-
action the market improved. The Indus
trials monopolized attention.
Tobacco, which has been sold right ana
left Of late. took on considerable strength,
and gradually worked up 20 81. the highest
figure for some time past.
Sugar opened at III IA. eX-dlvidend OF
2 per cent. rose TO rs 5-s and closed at
ia rs The law just passed by the
Rechstag was considered favorable TO
American refiners.
General Electric rose 10 81 5-S and later
receded to 36g36 3-S on realiZations.
Laclede Gas at one time was in sharp de-
mand at % is for the common, and 81 for
the preferred, with a subsequent reaction
to % 1-2 and 81. respectively
In the last hour of business tho market
was firm In tone, the strength VI ihDASN'
and the steadiness OF Northern Pacific
preferred having had a good effect.
Speculation left or firm. As rule.
however the railways showed losses. The
gain in the Industrhals was from 9-S 70
81 per cent. Pacific Mall lost Is during
the day.
Railway and miscellaneous bonds were
irregular Northern Pacific bonds, except
for the thirds and Montana Division SIS,
were firm. The sales were S,OsS,Oo
MONEY AND EXCHANGE.
Money on call firmer al 1924 per
cent; last loan at IL, and closing Of
fered at 31-2 per cent; prime mercan-
tile paper, i-2G6 per cent.
Bar silver. IS 3-S. Silver at the board
quiet.
Sterling exchange: Actual business in
bankers bills at 1856 1-2uSi.S5 "a for sixty
DAYS. and S4N 1-2asiS 3-4 for demand;
posted rates, s4S7 l-2d$4.S 1-2; CONNER
cial bills, S4S5 1-2dAS6 Ia.
Government bonds steady. State bonds
dull. Railroad bonds irregular.
srfrE nfn1saTInNa