Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-12-09
MARKET QUOTATIONS.
nrroRrs FROM ALL GREAT nusI-
xess CENTRES OF THE WORLD.
pr,c,s of Money, Bonds, Stocks,
Grain, Tobacco, Cotton, Cattle.
Country Produce, 60. Foreign
and Domestic.
and Domestic.

>.rw YORK. December s.--The stock
...,~ket opened this morning with a tre-
,,Ys show OF animation and vigorous
....,.srd tendency. the gains bei'S uni
49,, rrctty much throughout the list.
~. u.,s evident that the strength dis
',.,,d by the market yesterday had
,.bt orders to the commission houses
t.,r stocks. There was also buying
-. London account. for the first time In
..vsrsl days. The advance in prices here
.-,,rcatiy failing to tempt arbitrage
tors 20 SELL Their purchases Of ST.
,,..l verc on quite large scale, and
-. also bought Union Pacific. but there
80 sales OF Louisville and Atchison for
london account.
SUGAR was the one exception In the
,,rcncth OF the market at the opening.
A.. IFS loss soon widened. and heavier
,..,,5,t,on i'm the stock set in. offerings
ing very heavy. and active support be-
.... NJ no avail TO recover its vases. The
....t was very feverish all day, and
go ted widely and frequently, but
.,.r..J constantly toward lower level.
..f closed near the lowest. at a net loss
tr-N Consolidated Gas was also a
,.rk Tor The rcactionists, and dropped
~. ono time & l-2 points. The consequence
,... fh4t the market was kept unsettled
lyb.D the general advance came to n
..., duIrcss interviewed, and there were
f-.r.eut rallies. Until the final hour
r.. prices OF many stocks were at the
fs.f but the final drop i'm Sugar again
l..fF
rat gains confined 10 fractions in almost
,u cases with a fair sprinkling OF losses
.u through the list.
Southern railway preferred continued
t1e advance which was begun yesterday,
u, minors of an approaching dividend,
aud rose AZ one time 10 3-S per cent.
Tobacco also developed late strength,
IN, reacted before the close
The activity displayed by the bond
.,.rlaf was quite remarkable. the sales
ND the first hour approximating $l.75O0O0
In mar value. which is breaking the re-
cord for one hours business.
There was some activity later In the
5av. but the tone Of the market con-
rnuel strong, and the prices OF a num-
t.- ~ bonds of the middle grade moved
nm from / to > points. Some Of the high
Grade bonds showed heavy gains, Michi-
Fan Central 5s of 1898 rising 3 l-2; Mil
yankee and Northern consols Of 1881
ginning S3-S: Louisville and Nashville,
p and A. division. SIS, 3. and Northern
pacific. p Missouri Pacific collateral 5s
also gained 51-2 points. Total sales, ST.
5aoa
United States old AS. registered, de-
cli1ed Is and do. coupon. ii bid, but
f1. IS arose Is bid and the new As, cou-
f8n sold at 129, which is higher than
ever before.
The total sales Of stocks were 1850
shares. including Atchison preferred,
n fm. Chesapeake and Ohio. 500; Chi
,1so Burlington and Quincy, HOS0;
louisville and Nashville. 200; Manhat-
ian L. .425: Missouri Pacific. 1910; New
Jersey Central $3.50; Northern Pacific
rreferred. 1905; Rock Island, l7Ol5; ST.
paul 3tOs5; Southern Railway preferred,
Ir-e-. Union Pacific t. r, $50; Ameri-
can Tobacco, 1850; Bay state Gas 5'5oO;
chicago Great Western, 1850; People
Gas. Is. go; Sugar, 1850
MONEY AND EXCHANGE.
Money on cali easy. at 1-2d2 per cent
LAST loan. > per cent; closing offered at
'+.ol,9 ner cent; prime mercantile paper,
.l4 per cent.
sterling exchange weak win ac'uai
t-sirsss in bankers bills at $4.S5 La
tiGe-4 for demand, and S4S2 l-2q$4@ 81
Tor sixty days; posted rates ASS l-Zq$4 ~;
and S4S6 1-2G$LS1; commercial DIS
SILVER certificates, 50 1-2a6O 10. Bar sill
yar @l-A Mexican dollars, 40 81
government bonds firm. State ponds
dull Railroad bonds strong