Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-04-29
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT Busi-
NESS CENTRES OF THE WORLD.
Prices of Money, Bonds, stocAs'
Grain, Tobacco, Cotton, Cattie'
Country Produce &c, ForeiSn
and Domestic.

NEW YORK. April 28.-The market
for stocks was lacking in animation to-
dav and sank at times into condition
Of unqualified dulness, although EVIL
dences of firmness and strength were
not lacking, and the small net decline
was due rather to the sympathetic effect
of maninulation by the bears OF special
stocks than to anything in the general
situation. Perhaps the dulness was IN
some small part due to the Inauguration
Of the gold-export movement, to-day irst
generally admitted TO be due 10 norman
couses growing out of the trade sltua-
ITO, Interest in the gold movement was
confined in very large part 10 those
having to do with the market ior eN-
change as it is now generally uhuer-
stood that the gold movement mas Deeh
ho1d hack. for several days, at least by
ocreement of the exchange houses, when
o,rooment II was found Impossible 10
maintain after the engagement on sat
,,rdav Of about 100000 for shipment 20
London on an order from that centre.
There was little apprehension aroused
IN Wall street. however by the news thaI
2, zoo ooo IN gold coin had been Withdrawn
from the Sub-Treasury for export u
r,rone. For one thing, 1t Is felt tha1
the present period OF excessive imports
80 r,orcbandise. which is now throwing
the exchange situation against us Will
necessarily be limited by the enactment
into law OF the new customs tarii. me
return of the gold that may 20 ou' noS
* therefore confidently eApec.eu' ~"
the normal merchandise eApol' , No.,
ment later. Furthermore II 10 pci.e eN
~ hesides the large Treasury goid re-
80 -, norton of the large gold reserve
- -, work banks would be foTth-
oo,,in, for export purposes, rather than
49, tbev should have their stock or lesai
,.,,Sor, denleted The extent or the ue-
,,sa,.d rera growing out OF the demand OF
Iaran and Austria on London, Is some
~ mathematical. But no apprenen-
-, t. manifest in Wall street that the
s,oId exnorts will be sufficient 10 deple'e
,ba Treasury reserve 10 point that
..-e i've GROUND for apprehension re-
garding the currency :, r,o.,
NO., weak this morning, in the race OF an
advancing tendency lot oohsoiS, anu s.'o
- vi, market took its opening tone
- Tonlon. But after the opening
,d 80 ,ba general market advanced to a
80, traction higher than Monday s
n,osa The bears then sought success
fntIv 10 stem the advance py attacks on
so'1;v,dual stocks. Sugar was a strong
800 in the market. leading the early
oSrarce and a general rally al the close,
and showing a net gain on the day OF
15-S. .,oo,,s fo- tho ao,,
- ,ao OF, shares, including American
sor pefnery. 3o100; Burlington and
Quincy. Is. 500; Chicago Gas. li'SlO; st.
PAM 10000: New Jersey Central. 5,blo
trading in the bond market was marke ]
a., renewal of strength. and activity
,n Tho Texas and Pacific issues, which
80 12-s and IL per cent. respectively.
Tho general market lacked feature, but
ruled generally higher. The aggregate
lies were s766000. Governments were
narlected. but were steady at Monday S
closing prices. The sales were $1,000.
MONEY AND EXCHANGE.
Money on call easy at 1-4Gf1-2 per cent.
,ass loan l-2. closing offered at l-4ql-.
ner cent: prime mercantile paper. . 1-i4
per cent
sterling exchange weak. with actual
business in bankers bills at $i.S7 La
uMs-4 for demand. and N.s64s4s5 IA for
sixty days; posted rates. sis7Q$LH IL