Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-07-23
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.

a weak spot I'm the whole list to-day
save a net loss Of over a point in Sugar
quotations. The volume Of business
was large and broad. Bonds. as well
as stocks, were strong. and the dealings
extended to many hitherto moribund Sc
curities. Decreased exports Of grain ana
lower quotations for wheat. as well as
London arbitrage sales. were ignored. and
the market advanced on pool support
The highest figures We're recorded Ia
many securities about noon. but an even
larger number Of securities scored about
their best prices at the close. Some
foreign houses are Of the opinion that
London is heavily snort. and anticipate
irtcrcsting developments at the end Of
the account next week. Brokers. having
little faith that there would be much
change in the sterling exchange market.
gave but temporary attention to predic-
lions that some y2000.c)J i'm gold would
be exported 10 Paris on Saturday
Extensive commission house buying to-
day was a potent factor in the markets
strength. and it remains % b. seen
whether or not the public IS taking hold
of the market Professiona, traders Will
unload. as usual.
Sugar fell eli to 10 in the initial deal
ipgs recovered the loss. but was again
pressed for sale. and ended with loss
Of 3-S. The Changers and Southwest
ern were the leaders I'm the days up
ward movement. on large dealings. Other
stacks consriouous for their strength ana
activity were Lead. Chicago Gas Gene
raj Electric. Louisville and NASHVILLE
and the Gould shares. Rock Island
scored a net advance OF : II points on
minors of increased earning capacity.
Burlington. ON similar Influences was
bettered TO the extent Of "a point and
half. The Coalcrs were neglected, be
cause OF the trade conditions. Amerl-
can Spirits preferred rose point on
heavy buviuc by the same interests active
I'm Sugar and 81. Paul.
The rise in Iniustrials. including a
n0int and a quarter I'm Cotton OH. com
mon. and . I'm tie preferred. and l In
starch. second preferred were attrIbu-
fable 10 an increase in the demand Tor
choir uroducts. said 10 be expected be-
cause Of the new tarin. General Elcc-
trio advanced J 34. on unconiirmea re-
ports OF AN adjustment Of back dlVidehd9
Oh the preferred stock.
The market generally closed win
net advance Of IL. The total sales were
$3.50 shares. including Atchison pre-
rarred. GilS2. Chicago. Burlington ana
Quincy. 35lB. Louisville and Nashville
: PCS. Manhattan l.. 5.562' Missouri f'cl-
lie. 49,: Missouri, Kansas. ard Texas
- 1no. Missouri Kansas and Texas pre-
tered 129lI Missouri Pacific preferred.
Esd. Reading. S.223. Rock Island. o-.oh'
=. paul @.7M: southern Railway pre-
farred. 1851: Texas and Pacific. $3.50;
Union Pacific. l47lG; American Spirits
,foS}. American Tobacco. 1885; Chicago
Gas l745j. General Electric. 1884; Lead
% SIS. sugar. 1928: Western Union, l''t5.
The bond market continued 10 reflect
brisk demand for investment ana
neculative account. which included
many of the mijdie-grade and sqecula-
i've issues. Values moved uninterrupt-
edly upward and NJ the top level indi-
.at,d gains Of 1 per cent, or there
lbouts. I'm the leading mortgages. The
fl,ercgate sales were S3.51tD.
Government bonds displayed an I'M
proved tone. and were more active. The
sales aggregated $4,000
MONEY AND EXCHANGE.
Money on call easier at l per cent;
last loan at I. and closing offered at !
Nor cent. prime mercantile paper S9i
per cent. -....,
Sterling exchange easier, with actual
t.,,sipess i'm bankers bills ~ $iSn$is7 If
for demand. and siS5aSLs6 II for sixty
Iavs. posted rates. AS70&ts7 IL and
a SsliS4 Ss1-2; commercial bills, Sls5 La
}LS1-2
silver certificates 80 9-i06jl4; bar sill
yer. 80 SIS: Mexican dollars. Is 5-s
Government bonds strong; state bonds
luu: railroad bonds strong.
Petroleum steady.
NEW YORK STOCK Quotations.