Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-11-17
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, November 16.-This was
another remarkably dull day on the
Stock Exchange. The only spurts of ac-
tivity were due TO manipulative man
oeuvres on the part of profess
sional traders. These were notably
manifest in Consolidated Gas, which
jumped up and down the price-scale a
point at time all day. but always at
a level below last nights price. The de-
cline extended to 4 IL points at one time,
but covering at the close left the stocks
net loss only fractional. The weakness
stocks is due to fears of failure Of
plans alleged to have beer in contempla-
ton for the amalgamation OF the gas
companies.
point of activity, and its strength during
the day helped the general strength of
the market 1t rose at one time two
points, but a reaction, due to realizing
sales on a short turn, left its net gain
fractional Others of the Industrial
stocks, notably the cotton stocks, To-
bacco, and Leather preferred, rose
sharply on trade prospects, but for the
most part lost these gains on realizing
sales The movement in New Jersey
Central was due to the same cause.
The market. for the most part how
ever, was firm, in spite Of the dulness,
prices continuing above yesterdays level
all day, after a small decline just at the
opening. This decline was in sympathy
h. nf Apaarfpau
ties in the London market. London was
also a seller in this market of American
stocks.
The strength of the railway list, gene
rally, was due to the continued good out
look for business, the grain movement
having been resumed in force, and
very heavy movement of cattle being
reported by some western roads. Man
haitian was heavy all day, and at no
time did it rise above yesterdays level.
The Rubber stocks were also somewhat
depressed. There was no news bearing
on either of these properties. The heavy
tone in Omaha alone Of the Changers
was equally without explanation. North
west the parent stock, gains a point net,
as does Rock Island.
The market was exceedingly narrow,
both in the volume OF dealings and the
movement OF prices. Except in few
cases. prices show fractional net gains
on the day.
The bond market was fairly active.
and showed improvement IT, for The most
part. Total sales, $1,ll0,000.
United States As. coupon, and the SIS,
coupon, are Is lower, bid.
The total sales OF stocks were $4,000
shares. including Chicago, Burlington
and Quincy, 14,425; Louisville and Nash
Vile. $50; Northern Pacific preferred,
5.1S5: Rock Island. 1903; ST. Paul, 1880;
BAY state Gas, $500; Peoples Gas. S,5s5;
Consolidated Gas, 9,526; Sugar, 67,l55.
MONEY AND EXCHANGE.
Money on call steady at 1-2a2 per
cent: last loan at 2; closing offered at
/ 3-4d2 per cent; prime mercantile paper
31-2a4 IL per cent.
Sterling exchange easier, with actual
business in bankers bills at A.S "a Tor
demand and $L2 81 for sixty days;
nostad rates. s4S31 and Si.8 IL; COM
mercial bills, $iS.
silver certificates 5Sd5a. Bar silver,
1894. Mexican dollars, 49,
Government bonds firm. State bonds
dun. Railroad bonds firm.
FOREIGN STOCK MARKETS.
The Evening Posts London financial
cobloqram says: The stock markets
were dull but steady. Consols and India
s,ocks were notably firm, the former on
oovernment buying and the latter on re-
norts that the post-office savings bank
roay annlv for power TO invest therein.
Americans opened quiet and closed
..rono There was fair buying here.
The boom in Grand Trunk continues.
The paris Bourse was quiet ana the
Berlin market steady.