Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-12-04
MARKET QUOTATIONS.
Prices of Money, Bonds, Stocks
Grain, Tobacco, Cotton, Cattle
Country Produce, &C., Foreign
and Domesttc.

NEW YORK. December 3.-The securi-
~ markets at the Stock Exchange start
ed of weak. on lower cables from Lon
don and moderate sales for foreign ac-
count. The traffic returns of the St.
Paul and Rock Island also induced sales
for turn. The pressure 10 sell at no
time reached important proportions, and
soon after the opening the market took
on a firmer tone. The st. Paul state
ment proved to be more favorable than
was generally expected and this had a
tendency to check aggressive action by
the bears. For the fourth week of NO
vember the decrease in gross earnings
reported by the company was little
over sl5l,oO0; whereas, it had been freely
predicted that the loss would reach near
ly $4,000.
During the afternoon the tendency was
upward, but operators were not disposed
to branch out to any extent. pending the
publication OF the Presidents message.
The Changers were strengthened by the
declaration Of spring dividends by the
Chicago and Northeastern directors. ana
semi-official statements to the effect that
the road had earned it's entire dividend
on the preferred for the year. the half
yearly dividend on the common. and a
surplus of 10000 during the first six
months Of the fiscal year. Omaha com
mon rose to 491-i, on the reiteration Of
the dividend rumors. Denver and RIO
Grande preferred advanced from Y IL TO
Ala on the declaration of a semi-annual
dividend of per cent a good demand
prevailed for the gilt-edged investment
stocks. and Lake Shore advanced 3. to
155: Lackawanna IL. TO l60. and Della
ware and Hudson, 21-S. Manhattan was
I'm demand to cover short contracts, and
Southern Railway preferred improved on
vague rumors Of n dividend in January.
In the Industrials. Sugar was heavy,
selling at is 5-S0llG 3-4 and closing at
1lG. a loss Of 81 per cent. for the day.
The stock was sold on the aggressive at
titude assumed by Arbuckle Brothers.
Consolidated Gas first advanced 31-i, TO
16i IL. and then receded 10 162 IL. La
clede Gas fell from q to q 1-2q2 Il.
Chicago was strong. and advanced about
per cent. 10 70 SIS. II was stated
that the company would have a big sur
plus after payment of the l IL per cent.
dividend. II is also announced that a
number of holders Of the stock. who have
been fighting the Reorganization Commit
tee have at last given their assent TO
the plan. American Spirits was bought
on Chicago rum0rs that a trade agree
ment will be perfected with the outside
dstilers.
Speculation closed strong. owing to a
sudden rise in Lake Shore and other
high-priced issues. Net changes show
gains Of l-iG2 per cent. The total sales
were 1925 shares. including a,%0
Sugar. 1890 Chicago Gas. 1920 st. Paul.
and 1920 American Spirits.
Bonds were strong. The sales rooted
up sl,6SlO00.
Treasury balances: Coin, Sl2l'5GS'si5;
currency, Si2.53S.703.
MONEY AND EXCHANGE.
Money on call easy. IT l-2a2 per cent.
last loan at ID. and closing offered at
11-2 Prime mercantile paper, 4qf IL
per cent. -,
Bar silver, s. is. Silver at the board
neglected.
Sterling exchange firm with actual
business I'm bankers bills at SIS La
s4Ss3-4 for sixty days. and siS5 20
sts6 "a for demand. Posted rates, NSf IL
Ms4S7 f-2. Commercial bills, SL& La
sfS31-2.
Government bonds steady. State bonds
dull. Railroad bonds steady
STOrx QUOTATIONS