Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-05-14
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.
and Domestic

NEW YORK, May 13.-There was not
a single effective rallying point in to-
davis stock market, and the only in
terruption to the sagging of prices was
the occasional brief buying Of shorts In
some few stocks to cover. The strength
of American securities in London and
the buying by London In this market
which have been factors the last two
DAYS I'm sustaining the market, were less
CONSPICUOUS to-day. American stocks be-
came heavy and dull in London, AFTER
the opening here. that market apparent
Nv having become discouraged at tho
persistent distrust displayed by the New
York market Of it's own securities.
Quite a serious view also was taken
in the street of the developments at
Washington. and the hints thrown out
by parties to the confirmation or infor-
nation in possession of the government
of n state of affairs existing In Cuba
calling for interference. This, coupled
with the suggestive course Of the Senate
towards the Morgan resolution, and
belief that it will pass, was taken as
foreshadowing a more aggressive CUBAN
rolicv on the part of the administration,
and the dealers in stocks were inclined
hv these advices to discount posi-
HE fall i'm values from strained rela-
tions with Spain on this question.
A report also found credence that IL
was i'm prospect to displace the tarlt
bill in the Senate by the CUBAN question:
az more urgently calling for early set
xth
the bears with good effect IN addlhs 10
the weight on the market.
The announcement OF n I.MO,OOo gold
sbinment by Saturdays steamer, In the
foca of a rather weak exchange market,
shows that the limit of proht Is not YET
crossed with demand sterling at SiS' Ia.
The exchange market sti1ened 10 some
extent lust before the close OF traulng'
and further shipments of gold are felt
20 no NOT improbable. Although TINS pro-
liability was discounted several days ago
nv the selling of stocks, IL had an ehec.
i'm depressing values In the narrow anu
professional market, and In dlscourasine
trading. ,o.or
Although the days sales were larger
tban those of yesterday. there were no
stons Of any outside interest in the mar
let aside from the dealings for London
oocount There was said TO be selling.
os we'll as buying, for London account
during the day, but the purchases ex-
ceeded the sales by 10000 shares-a TACT
IA he considered in connection with the
exchange situation.
The Industrial shares which were most
largely traded in, namely. sugar ana
Chicago Gas. were under special pres
sure. and although they were influenced
NV snecial causes. the volume OF trans
actions in them impaired a sympa'he,'c
heaviness TO the general list. Inc
Changers were quite hrmly heid III ths
earIv trading. but later succumbed, ana
s,,o,,.ad a decline as great as the average.
THO losses were remarkably uniform In
ali the most active stocks, the decline
ranoine from rs to / 3-S, the latter III
Leather preferred.
The total sale Of stocks for the DAY
amounted to $l5lOi5 shares, including
American Sugar Refinery. 1900; Burning
ION and Quincy, 1920; Chicago Gas. TO-
zoo. Reading. 1900; Rock Island 400; st.
paul 1890; Western Union, 1900.
railway bonds eased off OH light deal
,ngs With the recessions unmportant In
,he leading mortgages. Some marked
losses were scored. however, including
81 I.ouis and San Francisco trust nVes'
which fell per cent, and PEORIA Deca-
tiir and Evansville nrSts, IL pei No"''
The aggregate sales were Ssi2'Voo Gov
crnments were in demand ana ruled nihi-
er on purchases Of 100000.
MONEY AND EXCHANGE.
Money on call, easy at l-4al-2 per
cent. last loan at IL, and closing
offered at IA per cent; prime mercantile
naper. 31-2ai per cent; sterling exchange
steady. with actual business IN pank-
ors, Kills at s4s7 1-iGfs4.S7 IL for demand.
IA slss 1-4GSiS51 IL for sixty days;
az snoted rates. sls7qstSSas4.Ss IL. COM
mercial bills. s4.S IL.
silver certificates, 6lq6l IA; bar silver,
60 "a: Mexican dollars, Al IL.
Government bonds firm. State bonds
dnII Railroad bonds weak.
UrU WORK STOCK QUOTATIONS..