Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-08-17
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.


periods to-day when the market for
stocks had an appearance Of actual dull
ness, but this was only by contrast with
recent markets. The total sales fell be-
low half a million shares by over 5000
shares, something it did not do for any
whole trading day OF last week. There
was "a large falling off also in the ac-
tivity i'm the bond department. What
ever striking animation there was was
in the first hour Of trading. The buying
during this period was due to brisk arbi-
TRACE brokers joining in the demand.
This represented the working off Of the
accumulation Of orders received by COM
mission houses over Saturday. London
was buying some Of the international
shares at the same time that IT was sell
ing others, and. as a result, Of this lively
demand. prices bounded lightly upward,
new high record prices for the year be-
ing made in a number OF prominent
stocks The Changers were actively
traded in at the higher level, Burlington
showing the sharpest gain. but st. Paul
being most actively dealt in. St. Paul
was the leader of the list and was quite
largely bought for London account. Bur-
Iington touched 80 Ia in the opening deal
ings. but closed point below that. The
other Changers moved over a much mar
rover range. but closed but little above
the lowest.
The upward bound Of prices at the
opening invited realizing sales. The pro-
fessional brokers added their utmost ef-
forts They had i'm their favor some
reports of crop damage in the West, and
the result was soon shown in a reaction
I'm prices for the Changers and South
westerns which had a sympathetic effect
upon the whole list. The prices of many
stocks were carried below Saturdays
close. Although there was firmer tone
later. and there were some slight re-
coverles. the market failed TO fully re-
gain its tone before the close and con-
sequently the prices Of most Of the ac-
tive leaders Of the market showed Only
slight changes from yesterday, The net
changes. though slight. are mostly gains,
one or two of the Changers being eN-
ceptions.
The undertone OF strength in the mar
ket was again striklngly manifested by
the dulness that set in upon the decline
in prices. Sugar again assumed a promi-
nent part in the dealings, and touched
new high record price at 1i9 ID. but re-
acted nearly a point before the close.
Tobacco was also largely dealt In, open
ing AT a sharp gain. but selling off during
the day. Chicago Gas also showed some
signs Of renewed activity, but IL suffered
from the reaction In the market.
Although the early strength carried
many stocks to a point above Saturdays
close. the gain was in most cases prac-
ticaIiy without special significance.
Chesapeake and Ohio and Cleveland and
ST. Louis were notably firm all day. me
lattor's preferred stock was bid up 5
points.
we're 45316l shares. including Chesapeake
and Ohio. q $50: Chicago, Burlington and
Quincy. and NJ. q, 400: u. and r. pre-
ferxed 10. $50; Louisville and Nashville.
& 250. New Albany and Chicago. 1900 New
work Central. 23.2d; Northern Pacific,
g ORG. do. preferred. 1880: Rock Island.
2 ooo. Reading. $40; St Paul, 81 .275; Union
pacific 1900: American Tobacco. 1Si5s;
American Spirits. S270; Chicago Gas.
"a 400. Sugar. 30120: Chicago q. W.. 17,420.
The bond market showed marked
1irinution I'm the volume OF trading, as
COMPARED with recent averages the total
Falling short of 81 000.00Q The speculation
also lacked aggressive strength, but the
market was fairly well supported. and
some substantial gains We're registered
In The less known issues. The aggregate
transactions were $ls350o0.
Governments were heavy and reacted
y fraction ON light offerings.
MONEY AND EXCHANGE.
Money on call easy at 1@l IL per cent,
,ost can M 1-2 per cent, and closing
offered at 1l-2 per cent; prime mercan-
lilo naper. 31-2qi1-4 per cent.
&c S.arIiro exchange weak. with actual
,,,,s,nees In bankers bills at Si.S5 la
Sass 81 for demand and siSs1-4asLS3 -
soee and siSS 1-2GS4.S7; commercial bills,
S'; silver certificates. 55a55i-2; bar silver.
Eas-s. Mexican dollars, Al SIS.
Government bonds weak. State bonds
AMI Railroad bonds firm.
NEUTRALITY-SUSPICIOUS. crude. no
market.
NEW YORK STOCK QUOTATIONS.