Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-12-07
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsl-
NESS CENTRES OF TIE WORLD.
Prices OF Money, bonds, Stocks,
Grain, Tobacco, Cotton, Cattle,
Country Produce, &c. Foreign
end Domestic.

NEW YORK. December 6-Although
srcculators in stocks have sought TO
influence prices for several days on sur
misses on the Presidents message, the
actual publication Of that document to-
dsv had little actual eject. There was
nothing in II THAI came as n surprise. al
most every point having been accurately
foretold. The prices OF stocks have been
advanced 90 some extent I'm anticipation.
and there was some expectation that its
rlMication would De met by a decline.
caused by realizing sales. but the market
held steady after its publication. until
. raid was made in the final hour. which
,r.s encouraged by the weakness Of New
Jersey Central The Union Pacific was
dircctcly affected by the paragraph de.
voted 90 Il I'm the message. and declined
rc.riy a point.
Most Of the days movement Of prices
Was heavier. owing TO special causes. and
iNis was the more marked in the special
a.- sugar was the leader in point OF
activity and strength. and advanced at
one time 3l points Some Of to-day's
railroad statements of earnings for the
fourth week in November were so favor
able as 70 lift the prices OF their stocks.
This was notably true of Missouri Pacific.
which showed an increase OF SZ76. 900 IN
..-nlncs. and OF Louisville. which showed
a-. " 5000 gain. Each OF these stocks
rass o point. Cleveland. Lorain ana
wheeling preferred moved up 2ls points.
On Che increased earnings shown for the
month and Southern railway preferred
-cs. from the same cause. The Coalers
w,rO decidedly weak. New Jersey Central
eon-r. -u0usly so, and 10 was a break of
points from the highest in this stock.
which encouraged the late raid by the
l.--. and lowered the level OF prices
throughout The market Pennsylvania
declined is. with no news.
OH. money market continued notably
easy. and 20 was reported that large sums
are 0Garing on time loans for Chicago
and other western banks in this market
Notwithstanding the ease OF money, and
sharp sunening In the discount rate
lc.l Do London and Berlin. sterling eN-
change was weak. posted rates being re-
ducsI y cent Tor both long and short
bills and actual business being done at
4. lower rates for long bills. demand, and
cables Ga Londan.
The bond market was active. with the
exception OF an interval OF dulness at
midday and prices advanced without in
rsrruption. Total sales, $3.7SO.OOO United
states bonds were unchanged in bid price.
There was q sale OF the new As, coupon,
40 Us SIS. the highest record.
The total sales Of stocks were $4,000
shares including Chicago. Burlington and
Quincy. 1880. Manhattan L. . .Sj2; Mis-
souri, PluGc 13OO: New Jersey Central.
-i"2. Northern Pacific preferred u,732;
Rock Island 1892; 81. Paul, 3, .535; Union
Pacific e. r.. S275; American Tobacco,
NIi Peoples Gas, 1895; Sugar. Il ,90l;
Chicago Great Western. 1910.
MONEY AND EXCHANGE.
Money on call easy at 1h2Q2 per cent:
last ioau al per cent. closing. offered at
8. per cent. prime mercantile paper.
sIf per cent
Sterling exchange weak. with actual
business On bankers bills. at $s5i9S4.S5 5-S
for demand, and S4S2a. for sixty days;
posted rates. 81 8iza$i.S4 ana A.S61aG$iS7;
commercial bills $4S2.
Silver certificates JSikQ60izc.; bar silver,
&c: Mexican dollars. 3714c.
Government bonds firm; State bonds
dull. railroad bonds strong.