Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-09-17
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsI-
NESS CENTRES OF THE WORLD.
T'ces OF Money, Bonds, Stocks,
Train, Tobacco, Cotton, Cattle,
country Produce, &c, Foreign
and Domestic.

NEW YORK. September 1s.-The
market closed this evening with gene
RAJ level Of prices lower, after a day Of
great irregularity and constant move
iheht up and down of the whole list over
narrow range. quite large number
VI shares showed small fractional gains
ana few stocks showed notable rises
out the Changers, Vanderbilts. trunk
mes and transcontinental lines. as a
whole declined in value during the day.
ms is true, notwithstanding the fact
mat London was buyer Of favorite
STOCKS all day, and all the general news
as TO improving business and increased
earnings Of railroads continued to favor
advancing prices. Prices were in fact.
higher at the opening, but liquidation
quickly set in, and prices generally re-
ceded.
The closing out of the accounts of a
iaiied firm, under the rules of the Stock
Exchange. had something to do with the
undertone Of heayiness which was mani
tested to-day.
me fears of interrupted traffic in the
south from yellow-feyer also depressed
the price of railroads in that region, and
sympathetically in the whole list.
The steady tone manifested i'm the
exchange market early in the day had
the eAect Of discouraging hope OF the
early Importation Of gold. and this had
It's influence in aiding the reaction. 1t
also had the greater effect, because of
the hardening tendency of the money
market, the asking rate for call loans
being as high as 21-2. The marked
weakening of the exchange market in
the last half hour or trading served to
steady the prices of stocks to some ex-
tent. the decline not only being checked
but recoveries being shown in the closing
transactions of the stocks
Posted rates for both long and short
sterling were reduced 1-2. to S4S and
%S l-2, respectively. The rate Of ex-
change on Paris was also weak, and it
seems evident from the action Of the
Bank Of England in maintaining it's
minimum discount rate of per cent.
i'm face OF the continued decrease i'm
its reserve and in its stock of bullion.
that London expects Paris 10 supply the
first den nds of this country for gold.
But Paris exchange on London recorded
a fall to-day. which would naturally
tend to weaken the force Of New York
exchange.
The heaviness of to-days market was
mtigated from time to time by the
strength manifested by special stocks.
Northern Pacific issues were at one time
in special demand, and showed marked
advances as was also true of CONSOLE
dated Gas. Pittsburg. Cincinnati. Cleve-
land and st. Louis. Chicago Great West
Al, .,.Ifs nd rfe
stocks All of these reacted from the
best but most of them made net adj
vance over last nights close. Pittsburg
Cincinnati. Cleveland and ST. Louis
common and preferred, show net gains
of ] 3-SG2 points, respectively. In the
Minneapolis and St. Louis stocks, all
three are left with net advances of two
points or over. Consolidated Gas also
gained two points net after having been
two points higher.
The total sales Of stocks to-day were
66O,OO9 shares. including Atchison pre-
ferred II 800; Canada Southern. o4lO;
Chesapeake and Ohio. 22l@; Chicago, bur
lington and Quincy 1885, Erie new
9 $50; do. first preferred. 1920; Louisville
and Nashville. II 900, Manhattan L. 9S'O; |
Minnesota and ST. Louis $780, Missouri |
Pacific. 1885, Missouri Kansas and Texas |
preferred $3.50; New York Central. 1851; |
Northern Pacific II 200; do. preferred S9- |
go: Ontario and Western. $3.50; Reading |
2. Sl5: Rock Island liilO; st. Paul. 2S,5ZO'
ST. Paul and omaha, 6,5S5; Southern Rail
way. 6.SC0; Texas and Pacific, $3.50; Union
Pacific. 2S O75: Union Pacific, Denver and |
Gulf II .74O: American Tobacco, 1920; Bay |
state Gas 2l050; Chicago Gas. 1880;
Consolidated Gas, 5,15 General Electric,
n. IDS: Lead. $40; Pacific Mail. 1882; SUI
gar 1920: Tennessee Coal and Iron, 10
100. United States Leather preferred
: s2o. Western Union, $50; Chicago Great
Western, 1850.
transactions in the bond market were
ON a considerably diminished scale ana
prices were somewhat easier. The total
sales were Of par value of about $780,
OOO
The bid price of United States new as
,,as Ia lower. new As coupon sold at
I95 "A and DO. registered at 126 Is.
MONEY AND EXCHANGE.
Money ON call hrmer, at l-2al "a;
iast loan at 1l-2; closing offered at l IL;
prime mercantile paper, 4Q4 L.
sterling exchange weak with actual
business i'm bankers bills at AS4 l-sq
as for demand, and Sl@ l-2as4S2 "a
for sixty days; posted rates, AS la
,4s41-2 and $4S5 1-20$L% IL; commercial
'' silver certificates. 56GI. Bar silver,
,2-4 Mexican dollars, 4S.
Government bonds easier. state pohos
,uu Railroad bonds easier
FOREIGN STOCK MARKETS.
MI, Evanine Posts London financial
% tiegram says: The stock markets mere
- Quiet to-day and rather duil, put
! ',a,icans after setback on the Ne"
~ onening prices, closed stronger
VI oriced shares were largely bought
-" s,facvlatiye operators. booming early
y ~ dav but closing under the best
n.y. remarks to-day Of the Governor OF
~ rank of England about silver IN lhe
lie De-, bad little effect. The provisos
500 20 his letter TO the Chancellor
= : az Excheauer are so Impossible that
=, '" helieved that nothing Will come oil
he notion. 49, ,,os weak IN the
80, break In Spanish securities and the
,'. rumors about the Bank OF
pain. -, s,aadv
NEW AoRK STOCK QUOTATIONS;
,.,,s.., ronesa sad sansl 20 .t.. 1850. 20 ,
tch son preferred ......s... -....... $780, .S,f
altimore aud ONO .........'.'.'''''' TsN
"a ~