Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-10-16
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 15.-To-day's
market was a contest between profess
sional traders, as has been the case
each day this week. The bears were
again successful during the morning
but they encountered resistance at the
lower level, and were forced 20 cover
heavily before the close. so that the
prices were brought back to within
fractional limit either way, of last
nights close.
Chicago Gas continued to absorb
very large share of attention, and 1t
was in this stock that the bears SUI
fered keen reverse. They succeeded
in forcing down the price at one time
lis but the inside support was very
strong, and the advance drove the bears
to cover. the stock closing with net
| gain of 2S-4.
| Sugar also. which was raided down
33-S during the morning, showed con-
siderable resistance, recovering at one
time to within less than a point OF last
nights close.
Tobacco, which was sold ex-dlVldehu Vi
2 per cent. declined at one time points.
| InHGe
iects of the bears most urgent attacks
and they worked a sympathetic decline
| i'm the general list, which extended from
| a fraction to 2 points, the SpecialtieS
and the Southwestern railway STOCKS
| leading the decline.
Some favorable effect was exercised
Oh prices by the postponement Oh
the hearing before the Supreme court
of the Joint Traffic Association case UNI
I'll January next. Although the decision
OF the court in the case of the Trans
missouri Freight Association has been
regarded as foreshadowing an adverse
decision i'm the case of the Joint frame
case. much has been made of the pen
dencv of the decision as an influence on
! the recent bear market, and its postpone
ment gave a sense OF relief.
| Arbitrage brokers were quite vigorous
buyers for London account, and TOOK
| about 5000 shares of various stocks on
balance This, also, was a taVorapie
| influence.
A hardening tendency in the exchange
market was attributed to the demand
for remittances by to-morrow's mali
steamer. but some disappointment was
felt by dealers In stocks that no engage
| mont of gold for import was made. rms
was partially Offset by the sentimental
| effect of the actual arrival and deposit
I'm the assay office and in the clearing
house vaults OF further consignments or
the gold shipped from England TINS
week.
Money continued easy in tone ASIDE
from the cases specified, and those OF
Susauehanna and Western preferred, ana
Norfolk and Western preferred, which
lost over point. the net changes WEI WEI,
very narrow The decline In Norfolk
and Western preferred was due to rea-
y, Iizlne on the declaration of / per cent.
dividend on the preferred stock.
Ronds moved in sympathy with stocks,
ond showed weakness throughout. Total
Gales S.65O.OOO. United States bonds
were unchanged.
The total sales of stocks to-day were
19o.6jO shares, including Atchison pre-
ferred 1921; Chicago, Burlington ana
Quincy. 24246 Louisville and NASHVILLE
16 7O5; Manhattan. 1925; missouri Pacihc'
n eS5. Missouri. Kansas and Texas pre-
ferred e1Oo: New York Central 7,6l5;
Reading. ITO: Rock Island, $3.50; 81
paul 81. Coz: Southern railway preferred
6 e22. Union Pacific, 21,722; American To-
bacco ex-diydend, 1885; Chicago Cas-
~ e2O Sugar. 5i72O; Western Union, 6,iSi;
Chicago Great Western, $50.
BANK CLEARINGS.
The total bank clearings in the United
states for the week were Sl,3O9.%l lSs;
ner cent. increase. 800; exclusive or New
York. $3.50. OA. 452: per cent. increase, 2O'S.
MONEY AND EXCHANGE.
Money on call steady at 21-2a3 per
cent last loans at 2 IL per cent; clos
ING offered at 21-2 per cent; prime mer-
camille paper, Apps per cent.
Sterling exchange steady, with actual
husiness in bankers bills at A.Si 3-S@
sIAI-2 for demand. and s4.S2 for sixty
days: posted rates. A.sSqAS IL and
A5 i-2; commercial bills, Aa
Silver certificates, 5sl-2. Bar silver
Nat Mexican dollars, A IL.
Government bonds firm. State bonds
dull. Railroad bonds weak.
FOREIGN STOCK MARKETS.
The Evening Posts London financial
cabIegram SAYS: The stock markets were
S,,u Today Yesterdays rumor about
the Rank OF England's borrowing on con-
cole nroves to be true. and monev rates
sre TIGHTENING, although at present only
slightly. ,,
- ,ha nrices at the close were trife
steadIer. Only the professional operators
are supnorting the market here, and un-
- 9, becomes more attractive soon, IL
e. believed that West Australian mines
n,,u absorb public attention.
am told that the Bandury Committee
Of the Central Pacihc railway Is re-
ce,ving overwhelming support from bond
! holders. -. s1...s g.. -,
Tho canadian 21-2 per cent. loan OF
- 10Y 900 was applied for twice over. II
s-v 80 awarded at about 81 l-2, or IL over
tn The paris bourse was dull and the
berlin market quiet
BERN ~sw YORK STOCK QUOTATIONS..