Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-11-16
4. Saks &C.,,
"SAKS' CORNER"
MARKET QUOTATIONS
REPORTS FROM ALL GREAT BUsf-
NESS CENTRES OF THE WORLD.
Prices or Money, bonds, Stocks,
Grain, Tobacco, Gotten, Cattle,
Country Produce, &C., Foreign
and Domestic.

NEW YORK, November 15-Wau street
has not seen so dull day in many
months Even the professional traders
were almost out of the market, and
there was absolutely no inquiry or sign
Of interest I'm the market. A large pro-
portion of the days trading was in Sugar,
and this stock fell away al one time 5-S
points, but closed 11-2 above that The
rally was due to a ruling by the Treasury
Department to apply the countervailing
duty clause Of the tariff bill TO refined
sugars imported from Denmark. The
amount of Sugar available for import
from Denmark is not in itself large, but
the Treasury's decision was regarded as
Indicating a course likely to be pursued
in regard to Dutch refined sugars, of
which the supply available for import is
large This rally in Sugar helped the
market somewhat and was almost the
only indication of real strength in any
stock throughout the day.
In the closing transactions Susque-
hanna and Western preferred suddenly
mounted upward to 341-2, a net rise of
=
showed some slight gains. No effect
was exercised on the general market by
this. Northern Pacific preferred was
relatively firm in the railway list, on
account Of the increase in earnings shown
by its first weeks statement of $193,6S6
or AZ per cent. over last year. Last year $
earnings for the same period were not
large. and there was one more business
day included in the period than this year,
but the showing was regarded as a
strong one, nevertheless.
Peoples Gas, which was dealt in eX-
dividens Of l. IL per cent, was centre
of depression, and closed a point lower
The Coalers were also weak, New Jer-
sey Central most conspicuously so, fall
ing at one time 2 IL points, but rallying
a fraction.
Consolidated Gas made one Of its char
acteristic sumps of 8 points to $50. This
is points lower than the previous low
point of the present movement. Inc
stock rallied 1 IL at the close.
The heaviness and dulness at New YORK
were mainly in sympathy with London
There was some disappointment over the
failure of the Supreme Court to mana
down a decision in the Nebraska maxi
mum freight-rate case before JUS TWO
weeks recess. Closing prices are con-
GlnGTADlN
most stocks. but the general list shows
a net loss of a fraction in most cases.
Selling for London account added to me
weakness. The total sales of all stocks
were less than 10000 shares, of which
sugar contributed almost one fourth.
The bond market was dull, but prices
were firm. Total sales, N,S25,OOO. Inc
total sales Of stocks to-day were l'o'VV
shares. including Chicago burlington ana
Quincy. Il. go; Rock Island, 1860; ST.
paul. 1900; Bay State Gas, 2O'l4S; People 5
cas- Is. $50; Consolidated Gas, 5,62i sugar
500. - r,x,c,,,>rcp
Money on call steady at ll-2G2 per
cont. last loan at per cent. ciosin i,
offered at ! 1-2d2 per cent; prime ih0i
camille paper, Sl-2Q4 IL per cent.
Storlins exchange firm, with actual DUST
g., 6onlxers' bills at $.S5 1-2gS4.S5 5-S
s,. demand and $i.S2 5-SaSiS2 "a for sixty
days; posted rates Si'o' A--s''''
mercial bills. si.2. 49,,
e.i,,iar certihcates. IS 3-4q59 bar silver,
57 7-S. Mexican dollars, 40 IL.
Government bonds firm. state ooi"'
am railroad bonds firm.
FOREIGN STOCK MARKETS.
Tho Evening Posts London hnancial
,,,Iogrom SAYS: The stock markets Weio
o,,tat and featureless to-day except lof
~ ~ r,se In one or two special Rhodeslah
timing shares. Investment STOCKS
tined steady Americans opened soou,
nd gave way little, as New YORK WSs
snpaently awaiting the decision III ,v ene
aptr,sl,a rate case. Spanish stocks were
49, Nothing definite is really known
49,, the rumored Spanish loan
aD 1Sooov IS easy, but uncertain; large
toyo 70 be repaid TO the Bank OF
sum-. SUM in the next three days.
h ir5e paris and Berlin markets were
quiet.