Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-10-22
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.

came TO an untimely end in the after
noon, on the Wall street Interpretation
of SPANS reported intention TO press
for more stringent measures against fill
busters by the United States Govern
ment, and to call this government to
account for the success Of filibustering
expeditions. There was a very wide
range of fluctuations for the day, and
movements Of prices were conflicting and
irregular up to the final decline
There was a good deal of commission
house buying reported during the morn
ing, but the market continued for the
most part largely professional. Union
Pacific was an element of weakness, II
4 being heavy, owing to the reported cir
culation in the street of syndicate
agreement being made, contingent on
some further developments in the case.
Reports were also circulated that money
| was being raised for this purpose in
! London Selling of stocks for London
| account was more or less Of a drag on
| this market
The early rise in the market was aid
ed by the continued favorable character
| of statements OF railroad earnings, and
rumors of statements yet to come. But
the question is rising In the minds OF
dealers in stocks. If the present high
earnings are not due to unusual move
ments in special commodities. 1t is i'm
| possible to state now whether it is due
| TO the prosperity of the country. There
| has been, of course a marked increase
in the movement of general merchandise
over the railroads. but the owners of
shares in these properties are beginning
to question the extent OF this general
Improvement.
Money continued distinctly easy in this
market, call loans being. made at about
2 per cent. No further imports Of gold
are expected while European money
centres show the present relative stiff
ness Of rates, the tendency being all the
time to increase the difference, as
shown by the contraction in the Bank
of England loans this week.
Transactions to-day were on a small !
scale, outside of the Industrial speciali- |
ties. the Changers, and one or two other |
leading railroad stocks.
Transactions in bonds were dull, and |
prices in the main were fairly held. Deal
ings in Union Pacific collateral trust
notes were feature. Total sales, ST.
100000.
United States old As were advanced
Is bid the new As IA bid, and the SIS,
registered. 3-S
The total sales Of stocks to-day were
3O6, 200 shares, including Atchison, 10000;
Chesapeake and ohio. 11,700; Chicago,
Burlington and quincy, 1850; Louisville
and Nashville, $3.50; Manhattan 95f2;
Missouri Pacific 1881; New York Cen
trail, 1856; Northern Pacific preferred,
66l2; Rock Island 1886; st. Paul. 2O,2OO;
Union Pacific 1865; American Tobacco,
s. 472; Bay State Gas, 12,115 Chicago Gas.
"a, $40; Sugar. 1906; Tennessee Coal and
Iron, 5000; Chicago Great Western, 1900
MONEY AND EXCHANGE.
Money on call easy at 2a2 1-2; last loan
at 2; closing offered at 2; prime mercan-
tile paper, 4Q4l-2 per cent.
Sterling exchange firm, with actual ]
business in bankers bills at ASi IL for
demand and 81. S2Qs4S2 is for sixty days; /,
posted rates, s4.S2 1-2qA.8 IL and
Z. IS IL; commercial bills, A.d.
Silver certificates, 5Sq59 IL Bar silver,
IS SIS. Mexican dollars. As IL.
Government bonds strong. State bonds
lull. Railroad bonds firm. n
FOREIGN STOCK MARKETS.
The Evening Posts London financial {
"a telegram says: The Bank OF England
eturn has come as a complete surprise \
o the market. The feature Is that the \
,ank has lifted about 100000 from The Y
market, as shown by the decrease-f3,OOO,- "
90 In other securities, and over FL 100000
n government securities. 1t was gene K
ally known that the bank was borrow =
ng. as was reported early in the week. u
he reserve is up only 100000 in coin and
ullion and down 900 which, as f22i-
70 In gold was exported for the week. A
hows some return from home circula- -
ion. q
The details OF gold for the week reached O.
q. 900 in eagles sold, 100000 to the CONT =
emit and 900 to Malta. / can now 49,
firm that the recent withdrawal OF CO
agles was for Germany not for America. w
In consequence of the Bank return dis Gt
punt houses have raised deposit rates u,
v IA to l IA per cent. and l IL per cent. ~ ~
n call and notice money, respectively.
Regarding operations between New
ork and London, am assured that the a.
atements as TO large loans from New NJ
ork banks to London are grossly exag- Pc
rated. and this accords with the New K.
orx cable to the Times this morning. III
one the less. on this and the prospect CO
future gold shipments TO America l "a,
ould prefer TO make no assertion yet, &c
yond the fact that eagles are going TO &
ermany and that the supply of Ameri- Ie
n bills is falling off. 1t is believed that
e bank rate may rise before long.
rhe Paris and Berlin markets were Idle Cit
ID quiet, and. since the Bank return, M
Their dull consols leading. Pls
On apprehenslons OF dearer money, Sc.
nericans were firm. closing at about Sta
e best. but quiet Pierpont Morgan Is I'm
king very bullishly, and telling every sa,
@ that trade prospects In America are
sured, for the next three years. at
.st. The greatest uncertainty exists v vir
the question OF future exchange.
NEW YORK STOCK QUOTATIONS. A.
Closing stocks. m n
;hisvh. iopek ah' 'So''re 49, 1900 a@s Am
~ son, preiortou'''''''' ''''" 80 tcC
".