Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-05-23
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, May 22.-The conditions
in the days stock market were not es-
sentiaiiy different from those prevailing
for several days past. There was n
marked undercurrent OF strength through
the whole list. and the tendency
Of prices was unint,rruptedly upward,
with the exception Of the Coalers, but
this failed to incite any outside partici-
patton in the market. and the dealings
were small. and most Of them IN a few
active stocks. The market wholly lacked
breadth. Many stocks In the usually ac-
tive list have not shown q single trans
action TO their credit Sugar also con-
tinued to be neglected, the dealings in
the stock being quito ostentatiously cur
tailed
The traders seem TO have made up
their minds not to see any cause for
alarm in the Cuban question. and dis
regard tho novs on the subject in a
manner that offers a strong contrast TO
their views on former occasions. They
also attach a large degree OF importance
TO a rumor circulated in very explicit
down a decision on Monday next In
The so-caIed Nebraska maximum
freight-rate and interstate commerce
cases. and that the decision In the former
case will be IN favor OF railroads. This
case IS Of Importance to the Changers,
and the belief that the decision will
be in their favor materially strengthened
the group, and made 1t the leader in
the advance.
The ouoyancy Of general speculation
on the London Stock Exchange also hn-
Darted confidence TO the l0csl market.
The announcement of an additional ship
rncnt OF gold for next Tuesday-j5co. 90
was without marked effect on the market
and the statement Of decrease
Of S232. O15 in the sToss earnings OF North
western for April did not affect the
strength in the Granger group.
Chicago Gas continues to receive inside
support. and tendei upward. The
Could shares reacted somewhat from
the strength of yesterday. Manhattan
and Western Union selling of a sharp
fraction ia the reaction, and falling OF
subsequent recovery. Many stocks failod
OF complete recovery to the high point
and last prices were generally small
fraction below that, but with net gains
on the day. The extreme decline in New
Jersey was 2l-s, and in Delaware ana
Hudson ga. Leather. preferred. rose
11-g with a slight reaction. Baltimore
and Ohio and Hooking Valley gained
large fractions. r..
The Characteristic of the market for
the week has been its underlying
strength. in the face OF unnlitgated dul-
ness and almost of apathy, the out
side interest being nil, and with some
very serious drags upon it. The deVel-
oprnents in the Cuban question were
aunarently not as fearful as trauers hau
supposed last week. and when Presl-
Dent McKinley's message was pressil les
to Congress on Monday II haS inc ehec'
rather OF strengthening the market
Government bonds displayed some III
1e irregularity. but the variations We're
extremely narrow, and trading was very
light. a., mara
"a 574 shares. including New York Cen
trail. 1900. ..,-,,
Money on call easy at 1-4fl IL per
cent; prime mercantile paper l--s1
Sterling exchange steady. with actual
brsiness I'm baNkers bhls at Sl.sI Ito
AG 10 for demand and $4.SSaSLS6 IA Tor
sixty days; posted rates say l-4sSi'eSa
81. So IL; commercial bills ~oI IL.
Bar silver. 60 Ia; Mexican ooilarS'
state bonds dull Railroad bonds iirrA
Government bonds steasy.