Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-12-21
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsI-
NESS CENTRES OF THE WORLD.
Prices OF Money, bonds, Stocks,
Grain, Tobacco, Cotton, Cattle,
Country Produce, Co., Foreign
and Domestic.

NEW YORK, December @.-After a
few spasmodic rises the stock market
to-day fell back into q decline, and failed
to recuperate. The aggregate strength or
some OF the Specialties at the opening
served 10 sustain the market for a time,
and to give IT an appearance OF strength,
but realizing sales in the general list
went hand in hand with the manipula-
ton. and the gains were lost after the big
operators had taken their profits.
The Coalers were steady for a time.
They were helped by the cold weather,
and the consequent increased demand
for the product. New Jersey Central was
at one time 2 points higher, and Reading
preferred rose to near 81. Manipulation
of the Pittsburg, Cleveland, Cincinnati
and st. Louis stocks advanced, the COM
mon BIZ. and the preferred 21-2. Con-
solidated Gas was also 3 points higher at
one time. None Of these gains were en-
tirely held. and some Of them were prac-
tically wiped out. Union Pacific was an
other stock hat enjoyed a period oil
strength i'm the late dealings. but II also
reacted.
h contradiction of Saturday morning s
report Of the withdrawal OF gold from
the Bank OF England for shipment 10
New York had largely to DO win tne
termination of the rally which set IN
saturday. The conditions In the money
market continued to dominate the situa-
ton I'm the stock market, and the stiffen-
inc Of the rates for call loans to 4l-2q5
for late trading to-day checked the hopes
Of the spectators. who Thought n
cav an assurance OF containued ease In
money by imports OF specie. NO doubt Is
felt that the large trade balance IN our
favor is a sufficient guarantee against
any real stringency In money at Ne"
York. but il Is not believed mat q SAFE
for call money will result in a movement
Of specie. owing TO the hlsh rate ICr
money I'm England. There Is not much
prospect of easier money untll alter 'he
first OF the year, and until the ume OF
the halt in speculative activity IN seeuri
ties is felt to be probable.
The bond market was not as active as
nj late. but prices held firm. with the ex-
ception of some OF the speculative DohuS'
Total sales. S1.5O0.000.
United States AS. both OF l92o ana OF lD''
were IL lower, bid, to-day.
The total sales Of stocks were Z13'Ft
shares. including Chicago, Burlington and
Quincy. 2O.2s2: Manhattan Il, l5'5l5; Ne"
Jersey Central. 1881; Northern Pacific,
10 30: do, preferred. 1881; Ontario and
western. $50: Reading. 1000; Rock Is
land. 1915: st. Paul. 12.265; Bay state Gas
nO. chicago Great Western, 9,O5l; Peo-
pies Gas. 1850; Sugar. 4l,16.
MONEY AND EXCHANGE.
Money on cali firm at 21zq4 per cent,
lot loan AT 3 per cent; closing, oferec
at 2iba8 per cent; prime mercantii'
paper. Sl6a4is. ao.ro.
business in bankers bills, at A.si 1-Sp
80 ,or demand. and s4.S1 7-Sa$4.s2 1-s fol
sixty days; posted rates, A.SaA.Sis ah'
stss6AlsSh ~; commercial bills, ASl19;
Sgr,or certieoates. 5skd57Ac.; bar silver
| 5e1Lc Mexican dollars. 1870. -,
Government bonds weak; State bond'
AMI. railroad bonds firm.
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