Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-08-25
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, August 2.-The opening
of the stock market this morning showed
a lively reawakening Of outside interest,
as indicated by large volume Of COM
mlsslon-house orders which had come
into the brokers' offices overnight, and
which kept up an animated tone in the
dealings. during most Of the morning.
There was also heavy buying for large
Individual interests, and the prices OF
some stocks topped the years record.
The preferred stocks Of reorganized COM
panies were quite prominent, and the
shares of Southwestern roads were
notably strong, and continued firm all
day. The Changers were leaders In point
Of activity and strength, but realizing
sales were heavy at a given point in their
advance. forming barrier.
The course Of the wheat market was
watched with sympathetic interest. so
far as its decline was due to refutation
of crop-damage rumors, it helped the
stock market But when the cable
brought news of a break in England
and a decline I'm the demand for wheat,
railroad stocks responded with sym
pathetic decline. The falling of In the
prices OF American securities in London
was ignored at the opening hour, partly
because It was attributed to the set
tlement which begins tomorrow But
later In the day. the cable reported the
London market heavy, on the tenor OF
the news from India.
London advces also report that the
continued fall in silver is an unsettling
influence in that market. Silver to-day
fell Lid. I'm London, 10 % I'D, when Is
3-Sd below the previous lowest price
A small withdrawal Of gold from the
Sub-Treasury for shipment to CANADA
might he counted as a slightly depress-
ing influence. The continued ease in the
money market Is not indicative OF
lively demand for funds from the In
terror such as is looked for in period
of business revival. and while call money
at per cent. is an incentive to specula-
tion as an index of business awakening
Il Is regarded as distinctly disappoint-
ing At the same time, lenders OF money
are I'm expectation of an early demand
unon them for interior trade needs, ana
tbere has been some additional accu-
mutation of funds here recently, In an
ticipatlon OF such demand.
Leather preferred was notably weak
on account of the disappointment In the
dividend rate, and lost 1l-S per cent
Cotton-Oil preferred, on the other hand
was stronger, and gained 23-e, net III,
nois steel fell off IL, National Lead
advanced 11-s, New York, chicago ana
St. Louis. first preferred, feii OF t"o
noirte Most of the active stocks show
hut there were
Gins scattered all through the list, ex'
sending 10 point in Chicago, Indiana
roIls and Louisville preferred Cleveland
Cincinnati. Chicago and ST. Louis, flin'
and Pere Marquette preferred. Lacledf
Gas Lake Shore, and Oregon Navigator
preferred. er,,
The bond market was strong ana nrn
oc.i, to-day. Atchison leading. Inc
total sales of bonds were Sso0OD.
T-he total sales of stocks to-day were
40 5g0 shares. including Atchison prefer,
red q. 612: Chicago, Burlington am
Quincy 2s A2O; Missouri Pacific, 2Wo
Tortbern pacific preferred, II 400; Chi
80 ard Northwestern. 1850; Reading
&c con. Rock Island. $40; st. Paul. $1,000
Iynio, pacific. II .2S0; American Spirits
otn. American Tobacco. 1895; Chicago
Cae 7 elO. Tennessee Coal and iron, DIV
1-nited states Leather preferred. 1857
Western Union. 1880; Chicago ana Urea
Western. 2O9o6.
MONEY AND EXCHANGE.
Money on call easy at 1nl IL per cent.
,ost loan at l IA per cent, ana closihs
osrered at 1dl IA per cent; prime met
cantile paper, S-4aS IL per cent
c+ari,pg exchange weak, with actua
hrs,ness in bankers bills at AS IL FOL
S SuS,s and Sass s-saASS IL for sixty
Se~s. posted rates. aa 1-2qs5.S IL anC
Csc i-9GA1: commercial bills, A.S2a
'' STver certificates. 52G52 IL; bar silver
40. Mexican dollars, 30 L.