Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-05-21
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT EUsI-
NESS CENTRES OF TIE WORLD.
Prices OF Money, Bonds, Stocks,
Grain, Tobncco, Gotten, Cattle,
Country Produce, &C., Foreign
and Domestic.
md Domestic.

NEW YORK. May 2o.-New Jersey
Central cngrosscd the largest share Of
attention on the Stock Exchange to-day,
and registered another sensational de-
cline in long progress downward. on
January 18th Of this year this stock sold
at 103 Il. and on March 1st at 81. To-day
the stock was sold I'm large quantities
at G9l-i, and the extreme decline for
the day was 1913, and i'm two days it
has fallen 5-S per cent The trading
in the stock was az times very animated.
but a large portion Of the sales were
made i'm small lots, many successive sales
Of 10o-share lots being recorded, with
a decline Of Is. or even IL ON sale.
This caused crcdence TO be given ale
cations Of inside liquidation which
served TO help on the decline. For seye-
raj hours support seemed forthcoming
for the stock at various stages, but the
effort was abandoned after short inter-
walls. and it nuctuated irregularly for the
rest Of the day, and down to 60 II, clos
ing at 20.
The sales for the day numbered $500.
The depression Of such weight on the
market affected the whole list, the other
coalers naturally showing the greatest
sympathy, as being subject to some Of
the same conditions that have impaired
New Jersey Centrars finances. They
closed slightly above the lowest the eX-
IRENE declines being Lackawanna and
Delaware and Hudson, is each, and
$. q ". preferred, is per cent.
The general list from the opening of
the market showed the effect Of the
more serious phase assumed by the Gu
ban question at Washington. Americans
were depressed in London, and this was
said TO be due in part to early sales there
ON New York orders. New York opened
down to about the London parity. But
there were not lacking evidences of re-
cuporative power i'm the market during
tbe dav. especially i'm the Changers and
the railway list generally, the possible
DEVELOPMENTS I'm the Cuban question be
ing viewed with comparative equanimity.
The market was also relieved of yes
terday's heavy weight of Chicago Gas
sales the price OF that stock ralying
ia a small extent on the decision of the
on the consolidation bin. New Jersey
| Central and Chicago Gas, together. We're
| credited with 67,C0D out of a total OF
/ $4,000 shares OF ali stocks sold. With
/ the sales of Burlington, ST. Paul, and
Delaware and Hudson added TO these
| there were two-thirds Of all the sales ac-
| counted for. Losses of q point each oc-
Cured in Tennessee Goa! ANA Iron and
| United States Leather prcferred-the
| former on decreased earnings shown by
! the april statement and the latter on che
unfayorable trade outlook.
In the late dealings, metropolitan
| Traction scored a gain Of > IL on a Ju-
/ dicial decision, favorable TO the COM
/ panys right 10 change the motive power
/ ON certain of its lines. and affirming
/ that the city's right to take over the
! tracks at a certain named sum had
lapsed through misuse.
The railway list moved very Narrowly
and closed with slight changes. Slight
net losses were general throughout the
/ list The total sale of stocks for the
/ dav amounted 10 III, 9W shares, including
! Burlington and Quincy, l2l0J; Chicago
| Gas $500: Delaware and Hudson, $500;
Manhattan Consolidated, 1920; 81. Paul,
| II 500. Tennessee Coal and Iron, $500; New
/ Jersey Central. $500.
/ Railway bonds were well held during
| the greater part of the day, and some
marked gains occurred despite the eX-
| IRENE heaviness of the stock market
/ Toward the close, however, generally
easier tone developed. and values Of some
Of the prominent mortgages were lowered
q fraction Lehigh and Wilkesbarre 5's
were exceptionally depressed, ard the
4r-2 per cents TO 70 - The aggregate
sales were SS5lC0o. Governments were
dull but steady, throughout. The sales
were 5000.
MONEY AND EXCHANGE.
Money on call easy at la IL per
cent: last loan at =; closing offered
| nj l-40l - per cent; prime mercantile
papcr. l-2Gi per cent.