Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-07-30
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUSI-
NESS CENTRES OF THE WORLD.
Prices of Money, Bonds, Stocks,
Grain, Tobacco, Cotton, Cattle,
Country Produce, &C., Foreign
and Domestic.

NEW YORK, July 29-The stock mar
ket was strong. with generally whole
some look, until delivery hour, when
the bears raided the market on rumors
OF unfavorable crop advices from the
Dakotas. and that gold exports on
Saturday would be in excess Of $2,oooOOo
causing the close TO be irregular at
slight recoveries from the lowest, but
with the greater number Of shares show
ing net increases for the day.
Sustaining influences on the market
were favorable traffic statements, rising
quotations for wheat and cotton, and
the engagements Of another half-million
bushels Of wheat from out ports.
Americans in London were attracting
a broadening interest London buying
and selling some 900 shares here. At
the same time, the Continent in a mode
rate degree, purchased Americans III
London.
The market was featured by violent
fluctuations in the Specialues, ana as-
gressive strength and activity OF low
priced stocks which, hitherto had par
ticipated TO only slight extent IN tne
general rise The Southern and South
western groups were eNceptloIlaliy
strong Southern preferred advanced on
FOREIGN and domestic purchases. on
vague rumors in regard 20 dividend
prospects but the movement was pro-
bablv part Of that recently displayed III
other Southern securities.
on prophecies that a series OF bearlsh
g.. TlCOUln WOll0 De
published. Sugar, which had risen 10
l9q - was forced down to 1S7, but raj
lied a point. In the late trading IT was
claimed that sales had been made OF
Dutcb granulated for September snip
ment the foreign reiners having refused
bounties thereon. so that the American
countervaiing duty might be avoided
General Electric advanced Is. me con-
tracts of the company placed ABROAD
beinp, favorably commented upon. BroOh-
lvn Rapid Transit developed early weak
ness. and receded 2l-2. but rallied point,
Susouehanna and Western preterred
broke a point and quarter, in sympathy
With the reactionary movement among
The Anthracite Coalers. Delaware ana
Hudson also lost point The Changers
except Burlington and Omaha. Whlch
held their own, receded fractlohaily'
The June net earnings of burlington were
over 800 600 above those of last year, and
tho same amount in excess OF nose OF
last Nav. This was interpreted as
most favorable showing.
A slight rise in silver and the export
~ 100000 in gold TO Canada were Of
some interest TO the street There were
advances of a point or more in about nine
teen shares. with similar declines lh
seven others.
The total sales Of stocks to-day were
40 3sO shares. including Atchison pre-
ferred 70 500: Chesapeake and Ohio. 2s'iol /:
louisville and Nashville, 100; Missouri
pacific. 95O5: Reading. 10, AS; Rock Island
y 7o5. 81. Paul. 245OS; Southern Railway
g loo. do. preferred. 2i.46j; Wabash pre-
ferred. II .O85: American Tobacco, 1852;
Chicago Gas. 5135; Colorado Fuel ana
Iron 1851: General Electric, 1879; Pa
cifc Mail, $40; Sugar. 1856; t. {. anu
/ 966i5; Chicago G. W., 1850
The transactions in railway and miscel-
laneous mortgages aggregated the largest
total noted I'm some years-namely S59fo''
O0o This included an extensive variety
of issues. in which improvements OF SUD
stontiaj proportions were general. nut
Tho most noteworthy We're in the middle
Grade liens. Purchases for investment
occount were freely noted. and BRISK
demand for the low-priced bonds was
recorded by foreign arbitrage houses;
Governments were in good demand ana
,mnroyed slightly on purchases OF $i5'cV.
MONEY AND EXCHANGE.
Money on call steady at 1 per cent
last loan at l per cent ana c.oslns ~,
fared M per cent; prime mercantile
uaper. 304 per cent
Sterling exchange easy. with actual
hneiness in bankers bills at $LSI la
saS7S-s for demand and $3.50 $tS5 l-Sl6
<tSc9-S for sixty days posted rates $4S1
Gs4G1-2 and $AsSg$4.SS -; commercial
eil,er certificates. 5SQ59; bar silver
Nip: Mexican dollars. 45 Is.
Government bonds strong. state pohds
duIl Railroad bonds strong.
Petroleum-No market.