Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-10-02
MARKET QUOTATIONS.
REPoRTs FROM ALE GREAT susI-
HESS CENTRES or THE WORLD.
Prices Of Money Bonds, Stocks,
Grain, Tsbaceo, Cotton, Cattle
Country Prodaces &c. Fersagn
and Domestic.

and Domestic.
NEW YORK, October 1.-The bulls made
their first aggressive stand to-day In
over two weeks, and after heavy decline
in the earlier part OF the day they came
forward to the support OF the market,
checked the decline, and brought the
closing prices very generally above last
nights level. There was nothing in the
news OF the day that could be counted
more favorable than that Of the pre-
ceeding day or Two. and sharp stinen-
ing In the rates for call money during
the afternoon might be called distinct
10 ,Infavorable factor. But IL had no ef-
fec, IN preventing the recovery, and
close at practically the highest point OF
the day. Either this was because the Dig
5 per cent. rate asked was considered
ARTIFICIAL and manipulative, or because
Il was felt that 1t would result In the
prompt Importation OF gold to relieve any
probable stringency. further iower-
ing of Is per cent. in the actual rate lor
demand sterling to N.S5 -S encouraged
this view. and the probability OF an early
engagement of gold for import was free
10 talked all day. The market was sur
prisingly irregular.
In the early trading the raid OF the
bears on special stocks in each group
was successful in depressing the particu-
lar group, and the whole list, through
sympathy. Soon afterwards, sustained
buying on a large scale became evident
and a heavy covering movement by the
hears followed. Buying orders by the
commission houses also added 10 the
strength Of the market. outside customers
who had sold short joining in the cover
ing movement There was marked
change in the whole tone OF the specu-
Iation the market becoming duh when
a,,or the hears succeeded In checking the
advance and business showing livery
increase whenever the course OF prices
turned upward.
Tho railway earnings reported curing
a.. da,, continued TO show INCREASES
Northern Pacific reaching an increase oi
acc III Cor the third week in September
1o,';s,,,l,o and Nashville's net increase
for August was sl33,7i9 A striKihs
sniff of the recent sharp dechhe III
nrfca of silver was SHOWN III III. ~
sust statement of Mexican Ceh,ia !" -, -,
the gross earnings showed an III - 40
s16S 1888. the net earnings Ely" A. the
s.oo,oOo' 90 s,25 as. This was due .he
at", =, the railway explain. 10 IN
nosnd eynenses. caused by the hishei
- - exchange. and in other OUTLAY ,.
80, vas a buyer In TINS MAJ ~
-, ,o-dav Some of the STOCKS VIM ny I,
Lived weakness early In the uay =
sno oover entirely, but net gains do q
10 leoo,e od from a fraction TO PEI
c1nai bonds rallied strongly arc
N".i., donression Total safes ~,
t lale 600 &c" Ir,ited states new As were au-
vanced is bid to-day -, ,o-dov were
rba total sales OF stocks to,uaS 80
zoo 9oo shares. including Atchlsoh "ao.
,erred 1s.5S7; Chesapeake anu oilio' ~ .
rhicapo Burlington ana eulIioy, -
oI,sville and Nashville lV'0-o, aoo. ,Iis-
on 7, 14125; Missouri Pacihc' Dr., ~,
souri, Kansas and texas pc. Nv
1Go. New Jersey Cehtrai. o,''V poc,ac
1r,, Central. $3.50; Northern rae, ~
go, 40 preferred. 22.sl0; READING 800
p,oiV, Isiand ex-dividend, 8,OSo; 81. fau''
10 ~. CT paul and Minnesota, SOW
S e,-,harn railway preferred, D,iOo; Iiioi
,ao 10 Az. American Tobacco, o.o4o'
I rse,nO, Gas. S. sos; Consolidated Gas,
. sno. Sugar. 20,135; Tennessee oo }u, a,o
49, ' - *. western Union, S,iO; Chicaso
Great Western, l2,725.
MONEY AND EXCHANGE
Money ON call firm at 21-2fl5 per cent.
live mercantile paper, 41-2go per cent
ctar1ino exchange heavy, with actu ia
.,,",rass IN bankers bills at A:a o-sa
s"oa1,t for demand and $.S l-2qSi.e. O.
60 s,xtv DAYS; posted rates, ASSas4; :,
loi ., o. .9GA Sc: commercial plls' N'oa
Iii ui,,sa,. certificates. 80 3-4q57 IL; par si'
rsr-e. Mexican dollars, 1884.
Government bonds strong "'"''
dull Railway bonds frm.
FOREIGN STOCK MARKETS.
r.a Evening Posts London hnancia
oobIooram says: A further improVeis,e me-.
a. so,od In the stock markets to-ua!
n n" Is spreading in every uepai :
mt with a thoroughly neai.hy w o.,
ni.Is' ,oans were exceptionally duii lo'
nraatar mart of the day, Out INC M
los q sharp rally tonight on NeM Ill
was 1ybich il is believed here, VII
be continued. bos, II is diff
COW how far the public mere WI
rond probably those recehtiy III ..'
,."t ui, now take a fresh hand' pu
mo- -, nuhlic seems likely TO De a.
| M "a 90 mines. West Australian flihe'
.i"Nl' 80, booming for the last Few gay ,
nav rai,ways were good, while IN th'
slDniar market the strength OF Spanis'
and Argentine securities was inc
Copper stocks were strong d. on IN,
The paris Bourse was nrm' on IN
bnving Of Tintos, ana 'he De'''''