Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-09-23
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsl-
NESS CENTRES OF THE WORLD.
Prices of Money, Bonds. Stocks,
Grain, Tobacco, Cotton, Cattle,
Country Produce, &C., Foreign
and Domestic.
and Domestic.

NEW YORK, September 22.-The result
of the days transactions on the STOCK
Exchange was the recovery of the greater
part Of the losses sustained in yesterdays
sharp reaction, many stocks closing 10
night higher than Monday night. During
the early part Of the day the market
was extremely irregular and uncertain
i'm tone. a number Of specialties con-
tinuing TO show marked weakness, even
after the railway list had recovered from
its reactionary tendency. But by the
second hour of trading the bears had
practically abandoned their efforts to
work a reaction, and the whole market
was tending strongly upward. The mani
fest disposition of London operators and
of commission-house customers to buy
stocks at decline here afforded sup
port to the market that discouraged the
bears.
The nervousness over the hardening
of the rates for money also largely SUD-
sided. as the shifting of loans developer
more accurately the true level Oh the
money market. The rates Tor can mohe!
continued TO run as high as per CENT
lint as fast as rates were marked up 10
this figure there was abundant supply
offered at as low as per cent. Inns
was not regarded as indicating stringent
condition of the market. The higher
rate was not felt 10 be justified by the
condition of the market, and the failure
Of the exchange market TO respond with
any marked weakness to the per cent
asking rate went TO confirm the same
view 40
There was a marked reaction at one
time during the day, due TO the sharp
urofit-takng in Rock Island on the an
nouncement of the declaration OF 1
ner cent. quarterly dividend. The re-
cent sharp rise in Rock Island was ac-
companied by some irresponsible iuihors
that the dividend rate would be lhcTeaseu
10 per cent. Some Of the sellers OF lhe
stock professed disappointment that the
rate was made only per cent, ana the
hears used this as material for drive
against the market. But the strong re-
covery i'm Consolidated Gas and Brook-
lvn Union, the former rising IL points
and the latter g. ga, tending TO STEADY
/ the market. -, g..
The reported engagement of gold TOT
import was vague and not definitely con
frmed until the close of the market put
the rumor served to rally the whoie
market strongly. and bring prices TO the
hest of the day at the close, the net
gains in all of the active stocks ranging
| from one to two points. Foreign pahh-
ers are generally agreed that there Is
no profit in the Importation OF gold az
the ruling rates of exchange here ana OF
cold abroad. and the clearinghouse
which has engaged the gold for import
| intinates that IT has been able 10 90 so
| owing TO some special advantage secured
though IL was affirmed that IL was made
i'm the regular course OF exchange ousi-
ness. The engagement Is not considered
90 indicating that further movement OF
gold will immediate follow, without a
| further decline i'm the exchange market.
THE total sales of stocks to-day were
e24 900 shares. including Atchison, $3.50
| do preferred. 1880; Chesapeake and
| Ohio 7 q0s. Chicago Burlington and
Quincy. 5000: Louisville and Nashville
| "a. $50: Manhattan l., S46o; Missouri
| Pacific. $3.50: Missouri. Kansas and
Texas preferred. $3.50; New YORK Cen
! trail 300; Northern Pacific, 5,Ooo; 90
preferred. 1850; Ontario and Western
| l65. Reading. 1880: Rock Island So,6O
! 81 Paul $3.50; ST. Paul and Omaha
1912: Union Pacific. $3.50; Union Paclhc
Denver and Gulf. 9,100; Wabash pre-
| ferred $3.50; American Tobacco, lO''ZV
Bay state Gas. II $40; Chicago Cas- Zo91O
Consolidated Gas, 500; Laclede Gas as
sss. Pacific Mail. $3.50; Sugar op'@o
Western Union lo'S-0' ChlSaso
! Western 1.,2O
The bond market showed some falling
off i'm activity. but prices were strong
EXCEPT In the Standard Rope Issues ~
these the 6s lost six points, and th'
incomes 11-2. The total sales were
! 81 100000
MONEY AND EXCHANGE.
sP M.-Money on call strong at "a
,er cent: last loan at per cent, ant
rIosipo offered at per cent: prime mer
camille paper. fdil IL per cent.
sterling exchange heavy, with actua
,ns,ness IN bankers bills at si.s4 "a 70
Ser,and and Ss2 1-2Qsis2 SIS for sixt'
davs. posted rates, A.8 l-21A.i anS
sS5 i-2Gsl. Sc 1-2; commercial bills, sisl IL
silver certificates. IS l-2@5s IL; bar sil
var 5sl-2; Mexican dollars, 4S IL.
Government bonds firm state oond
arI railroad bonds strong.
FOREIGN STOCK MARKETS.
Tho Evening Posts London financia
oahleeram says: The stock markets "ef'
generally dull to-day, in anticipation o
. rise in the bank rate tomorrow. Amer
|
49,, ON the news of the withdrawal o
cold from the Bank of England for snip
ment to New York. and % prices ,',sr. close lose
49, ~ English and Continental buyini
shan since the inward movement com
nc Foreign stocks were duh
notably Spanish ones.
Tha paris Bourse was dull early on I'M
.,.,ation of Spanish affairs. but close'
better The Berlin market was SLOW
sKw YORK STOCK QUOTATIONS.
Closing stocks
a,cn,s.,s. Topek1 AMI Sauss re ....'-. o%
Atoh sou, preferred .................. '..... Sah
Ce. ps,isr - ...... 74z
Senasa scr,hsra ............. 3d.
SeusI pscinc OBSERVATION-DISCLOSURES. 14s
c cs".sS ~ !. a. ONO ............ -. 2ol
nc a,tou -.....t64
$780, announcement y nacy......--10c L
Essoand Eastarn lIuncis.. 5sl,
Su'T;"eT and 81 Louis. ............... 3SL,
- ard a. Louis preferred. 49,
Dsla Waro and Hudson. ................''iz ~
i,e,s ware. LackawAnua and western. ....lout
| = "A Rio ArRude. ................-... lSt