Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-10-23
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsi-
NESS CENTRES OF THE WORLD.
Prices of Money, Bonds, Stocks
Grain, Tobacco, Cotton, Catfle.
Country Produce, &c. Foreign
and Domestic.
and Domestic.

and Domestic.
NEW YORK. october 22.-To-day's stock
market was contest between profess
sional traders, and the result shows a
drawn battle between the bulls and the
bears net changes being extremely mar
row in almost all cases, but those on
the other side of gains being very few.
The bulk OF the days trading was done
at level of prices very materially below
that Of yesterday. The opening was at
sharp declines, in sympathy with Lon
don, at which point speculation was very
dull, owing to the hardening tendency of
the money market and fears of impend-
ing stringency there. The old apprehen-
sion of Spanish complications was also
used with good effect by the bear traders.
The declines of the morning reached a
point or over in d large number OF stocks,
including the leading lndustrials, the
Changers. Union Pacific and the South
westerns. Union Pacific was affected by
the reports of the formation of an OPP
posItion syndicate to bid for the property
at the foreclosure sale. The turn in the
market came with a sharp recovery in
Chicago Gas. on a definite report from
Chicago that the control OF the threaten
ed opposition had passed to friends oil
| the company. This stock was quite
| strong during the remainder OF the day,
selling at one time 2 IA points above last
nights close, on the estimated dement's
10 accrue from countervailing duties on
i
which nav bounty Union Pacific was
| relieved from the early pressure by state
| ments from interests alleged to pc ideh-
tilted with the opposition.
| At one time during the afternoon prices
| feI slightly below the best. and below
last nights close in the final uansac-
| tons
Dealings in Bay State Gas were on a
| notably large scale, very heavy docks
| changing hands. The fuctuation OF the
price was limited to 3-S
There were times during the day wneh
the market was almost stagnant, ana
there were no evidences Of any OUTSIDE
| interests in business.
The money market tended toward an
easier tone. no call loans being recordei
above per cent, though the asking
| rate is still retained at 2 IL per cent %
/
mont is expected to show marked IN
crease I'm the surplus reserve. over
q 600 600 of gold, which. was received
from abroad last week, was not inciuaeu
IN the last weeks statement. Inc
weeks Sub-Treasury operations ana I'M
,,,orior movement have borne fruit IN
na+ cain 10 the banks. Outside panks
bove continued to bid in the market Iof
> commercial paper. AS a result OF tnese
, onarotions the statement is expected u
chow a handsome increase In cash.
prsiness in bonds was quiet, ana prices
,,,n,,od In sympathy with stocks, bu'
go, a narrow range. Iron Mountain .
and oregon Improvement were hotaDiS
weak. Total sales, N,5Oo'OW'
THE total sales Of stocks LOT the ia.
nero 9s7 400 shares, including Atchisoi
nreferred 5,1l5; Burlington 90; LOUIS
vile and Nashville, i,4oo; Manhattan al,
7ls. Missouri Pacific, 1855; Northerh "a "a
cifc preferred, 7222; Rock isiahu' 49, ooo
ST paul, 23,75o; Union PACING, 800
American Tobacco, 6,SS; bay otaee 10 VIC"
an ne C,hicago Gas. Al, III: Chicago Grea
| Western, 6,S'O
MONEY AND EXCHANGE.
Money on call easier at laz per go go
last loan at 2 per CENT closin ,s 49,,
| at 1 per CENT PiiiiS
464 1-2 per cent a. NTH actua
nnS,ness in bankers bills at A-s4 80
sis, for demand, and AS2 1-lqN.a ~ ~
go, DAYS. posted rates. A.S l-2lisi.e" ~
"a us51-2: commercial bills, Sfe'
Si,,er certificates, 81 l-24os; par sii'e'
5S1-4; Mexican dollars 10. CO.. hand
c.overnment bonds STRONG. o'a1o D0''
all railroad bonds firm
. FOREIGN STOCK MARKETS
Tho Evening Posts London hnanc'
oob,eeram SAYS: The stock markets we
eaD ,a. "a duh to-day, on the tghtenii
, ~ the money market. Borro"ers
Adv we're driven TO the BANK Vi i-r
IND where per cent. is Cnargeu' Ai"'
soans were lifeless ana duii'
.s affecting future gold movements
-, New York and London, lea
I 49, New York is liquidating consider
}, VIC s,erling engagements here. 1t a
/. oie leo that. early this year, certa
j PC" ~ american railroads concerned
ed,n, schemes borrowed large SUI
4 II 60 ahout six months. at per cen
. h mr. ,hen being very cheap. No
r MONEY - &c tight, and certain refun
e to schemes have been Carried .hIous
5 n,nT1siderable repayments are expected
[ S.a,ober thus 10 that extent maxi
[ 80, easier on the chance OF goid
norts TO New forA. ,,o.
pear,,n and Paris markets quiet
st NV YORK STOCK QuofArioxs.,