Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-07-03
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsi-
NESS CENTRES OF THE WORLD.
Prices of Money, Bonds, stochs'
Grain, Tobacco, Cotton, Cattie'
Country Produce, &C., Foreign
and Domestic.
and Domestic

NEW YORK, July "A veritabie MD
summer dulness settled upon the marke'
for securities to-day, and a further step
Was taken towards the stagnant con-
dition to which the market mas sefHeu
70 be coming for two days past. Ihefe
was no feature of significance or I'M
nortance during the day, unless the
hvpochondriacs view be adopted tna'
tho absence of all news must itself De
symptom. Dealings were yer! niu0"
smaller than yesterday, or Ior man!
DAVIS mast. variations were small anu u"-
,r,nortant. and no animation was mani
fest al any point in the market
rrh. nrospect of only half u DAY OIL
,rading tomorrow, followed by double
holiday. doubtless had It's eheet III cur
,ailine operations, and discoufasihg ven
tures upon new operations. But 'n'S
,,os not alone sufficient 10 account lor
The markets conspicuous loss VI loie
"a onathetic condition. The heavy
uouidation of Monday and Tuesday was
undoubtedly an indication OF "iue-
snread conviction that the upward move
ment had reached the limits Oh safety
for the present, and the market to-uaS
shaved even a more marked disposition
,nan on Yesterday TO wait for an ad-
,rstrent 10 the new conditions. The
waiting and the semi-stagnatloh were
accompanied by quite a marked hrH-
80, ~ tome. I'm nearly ali the leading
stocks.
& Paul continued the leader OF the
market in point of activity, and was firm
and strong, comparatively in spite oi
calling of the stock for London account
This stock has been gaining on Burning
ton all the week. and to-day overlook
and crossed if. closing above it at a small
NET gain. while Burlington suffered
sn,au net loss. This was in
consequence of the continuation OF
tho movement on the part OF
dealers TO transfer their holdings from
darlington into St. Paul. None OF the
Leading stocks ranged as widely as a
point. except Sugar and the leading IN
dustrial stocks. and some OF tho Coalers.
Leather preferred rose a point on reports
of q pIan TO refund the duty on hldes
which are re-eXported as leather. Inc
small net changes are divided between
gains and losses in the prominent STOCKS
General market conditions remain I'M
CHANGED. though the addition OF diVioend
and interest disbursements TO the already
existing surfeit of money has not resulted
i'm the stimulus TO speculation when was
hoped for The narrow movements III
to-day's market were. 10 a large extent
due TO professional manipulation sucn
81 IL ont H.
results being easy OF Accomplishment III
such restricted market.
The total sales of stocks were isS''zS
sbares including the following: Sugar,
q AGO. Burlington and Quincy u'tv' Ohi,
caeo Gas. 1910; Manhattan, $500; and
St Paul, n,2V.
,rbe bond market developed fair de-
eroe Of activity. but values were little
changed except in a few issues, in which
snocial influences operated. Business was
generally centered in the leading mort
cages but it is worthy of note that no
transactions were registered IN Northern
pacific thirds, which have usually absorb
ed considerable OF the dealings. The ag-
ereeate sales were Sl.i2iolo. Govern
ments were steady on light dealings, ag-
gregaiing $4,000.
MONEY AND EXCHANGE.
Nancy on call easy at 1-4Gl IL per
cont: last loan at IL per cent, ana
cl,slng offered at l-2 per cent; prime
mercantile paper. S04 per cent.
Sterling exchange weak, with actual
business In bankers bills at A.S6 3-4aA.S
for demand and siS S-4Ga.S for sixty
days; posted rates. siSS l-2aAS IL and
e. Ss6isi. IS -. commercial bills. A.s5.
SILVER certificates. 60 l-i16o II; bar sill
YER 50; Mexican dollars. A.
Government bonds hrm. State bonds
duh Railroad bonds firm