Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-09-21
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.

and Domestic.
NEW YORK, September 2O.-The stock
market was dull and comparatively
neglected during the greater part Of the
day, and the marked advances were con-
fined to a few special instances up to the
final half-hour The bears, encouraged
by the lack Of activity in the trading,
and the rise in the money rate. then
fell upon the market, and raided it to
such good effect that few active stocks
escaped with net decline Of less than
a point, and in a few instances. much
larger losses were shown as a result Of
the days trading.
The pressure to sell and the resulting
declines were especially heavy in the
Changers. Burlington. which had been
pushed in the morning to new high
record at 102 IA, fell to par i'm the
closing transaction. and Chicago Great
Western. which had shown great ANNA
ton and had risen to 2Ol-S, fell 3-S.
Omaha. which has been conspicuously
strong in recent markets, fell IL and
its parent stock. Northwestern, dropped
of "a.
Rock Island was the feature Of the
market during the early period OF the
day. and advanced two points the maj
liouidation leaving 1t still with frac-
tional net gain.
The local gas stocks. whose sensational
advances had sustained the market on
recent occasions. were prominent In inc
decline. Consolidated Gas dropping six
points and Brooklyn Union 4.
The Vanderbilts and Trunk Lines. the
Coalers and the leading Industrial
shares and specialties all shared In the
weakness. and nearly all showed de-
clines of a point or upwards. LoulsVlhe'
which has shown weakness recently Oh
account of the yellow-fever scare was an
execution. and closed with net
,,ntn % q small fraction. Baltimore and
! Ohio showed marked strength early
risinq two points, and closing with n net
ctr oft1-4 Western Union and wabash
nroforred which made sharp gains carry
&, tbe dav. fell heavily to below Satur-
| days close. .,o,, NOR
-. oo,,sed more or less depression at
Tho opening. and again when LONDON
cIosing quotations were received. shoN
inc some heavy declines from their open-
inc nrices. The Changers were soule
| haf
,,,oo+her for crops i'm the West. But inc
6ocisive Influence in the decline was
auador stiffening of the rates lot can
-, "a 4 por cent. Quite a large
',,o,,,nt had been Offering all day al as
| Low, as . per cent. but I'm the maj hou,
| r,,o,,-ionders demanded 2 per cent
5rhere continued to be a large demand
| and the figures ranged from 10 pei
| cont loans being made at the hlsmeI
| hn1
| closing saw decline to per cent
The stiffening in the money rates
however came too late in the day 70 al
feet the exchange market.
Tho rates for sterling exchange were
eonowhat harder during the day thoukh
the market was very inactive ne
roetod rate for sixty-day bills was ad-
,anced half a cent to AS L. Actual
rates for demand bills were quoted %
higher and for sixty-day bills IL higher'
| Tntorest centres in the effect which the
hardening of money rates and the Gazing
| -. loans viii have on the exchange mar
W. I'D tho import movement Of gold.
The total sales Of stocks to-day were
- ,e2 shares including Atchison. 5,&J;
a. nreferred 1874. $50: Baltimore and Ohio.
. coo. Cbesapeake and Ohio. 1850; Chi
Goo darlington and Quincy. l4,6J: LOUIS
III and Nashville. 1880; Manhattan L.,
: 900 Missouri Pacific, $780, New YORK
| central. 100; Northern Pacific pre-
ferrcd 10000: Ontario and Western. 200;
Reading. 1920: Rock Island. iOOiO; ST
paul 27,740; Union Pacific N9z'i I. r.
n and G.. 1880; Wabash preferred
19i 500. American Tobacco, 2o5lO; Bay
! ctote Gas. 900: Chicago Gas. 14o20;
Sueer 5000: United States Leather, pre-
S"rTod G710. Western Union, $40; Chi
| 600 Great Western, 70, 4-O.
pouwav bonds were not so actively
,'1+ In to-day. The sales amounting 10
SS ooe ooo Prices were about steady
frnited States coupons sold at Ia 40
roeistered. III 3-4. and the SIS, coupon ia,
mia nrices for government bonds receded
fraction around w.
MONEY AND EXCHANGE
qp M.-Money on cali firm at 2QS IL
49,. cont last loan at 3 per cent CLOSING
oefered at gas IL per cent; prime Hioi
cantfle paper 4G4 ID per cent
sterling exchange steady WIN do'u la
business in bankers bills at $4.of 80 Ioi
demand. and A@ 81 Ior shy o. u %,
0".'a rates Sl& 1-2n$.S ana Sio9 l-@H
p. "s,,u .. commercial bills. siH l-2q$l ~
c,,,.or certificates, 59a6O IL; bar siiVer'
6a1-s. Mexican dollars a. su
W C, y, bonds easier. state poius
anil railroad bonds steady
FOREIGN STOCK MARKETS.
vyor,ne Posts London financial
nv SAYS: The stock market was
ssagnant to-day. apart from a small re-
NlHdlI =, were dull at the opening,
W SsSv York lead this morning ana
ON rep business CIRCUITS 9 Nsw on 9o ahs
p'hose name was mentioned III l-on ...,.'
WHO'S cshle of to-day. There was
Inn. iimes a,snosition here TO purchase large,
niue nn the reaction but Denver preferred ,n,
some other s aress g Sosea 00e senersy
hrmer - perlin markets were
dull .,cocx QUOTATIONS.
NRW lohh st0O" Closing stocks.
.,.,,s., Youeks aad sanst 80 .-- 49, a9s6
Ifch son, preferred. --..''''' 2Oll
n.,ttnore aad Ooio ...-s..'''' 73Ls
Csnaca Psahc..... .'-'''' ....... 59s4
| Canada southern ....''''''''' 10