Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-09-08
MARKET QUOTATIONS.
Prices Of Money. Bonds, Stocks.
Grain, Tobacco, Cotton, Cattle,
Country Prsdsce. Ae-. Fsrsisn
and Domestic.

4
gressive in to-day's market than II has
been for several weeks, and II got the as
tendency for time over the large bull
contingent The desire of some of the
very heavy operators In the bull party
10 realize profits was source Of weak
ness, but the bears made most capital
out Of the yellow-fever outbreak In Mis-
sissippi. The stocks OF roads which
traverse the region Immediately affected.
notably the Louisville and Nashville.
were most keenly affected. Louisville
and Nashville declined at one time 2
points below Saturdays close. and others
of the southern roads were more or less
affected, the whole market going of in
sympathy. and under the weight of heavy
realizing sales.
These incidents somewhat interfered
with the plan Of operations of the bulls,
which was not essentially different from
that pursued each day last week. The
stock selected to-day for putting up, In
order to sustain the rest of the market.
was Northern Pacific This stock has
not shared in the recent Improvement
In prices, owing 10 the poor showing of
earnings made in the weekly and month
ly reports Of the company but the ap-
parent weakness in earning power Of the
company was disregarded to-day, and
the price of the preferred stock was
raised by manipulation points. and that
OF the common about points. The
trading last week was preceded each
hV no cir LOT IN,
tip" as to which stock was to be push
ed up during the day. This policy was
pursued also to-day, with the effect of
stimulating speculation In the stock
named. and aiding the bulls plan. They
were also assisted to-day by a livelier
speculative interest on the part OF
the public. Prices were higher In London
before the opening, and buying for Lon
don account was quite a factor during
the day. London bought about 1000
shares.
The orders which had accumulated in
commission offices over the double
holiday were also effective at the open
ing In helping 10 rush up prices. The
heavy sales TO realize, however. and the
yellow-fever sentiment, soon put stop
to the upward movement, and the mar
ket was depressed for most OF the bal |
ance of the day below Saturdays close. |
The decline from the opening high point |
exceeded a point In many shares. The |
buying In Northern Pacific, New York |
Central, Cleveland, Chicago, Cincinnati |
and ST. Louis, and the Changers, especial
ly Burlington, brought the market back |
TO about Saturdays level of prices. stocks
which remained below being exceptional.
The Industrial stocks generally were
somewhat neglected.
The total sales of stocks to-day were
e36, 663 shares, including Atchison pre-
ferred. H00; Chicago, Burlington and
Quincy, 30,52O; Cleveland, Chicago, Gin
clnnati and st. Louis, 63S5; Denver and
Rio Grande, 5.736; Louisville and Nash
vile q. TO: Missouri Pacific 27,525; New
York Central, 9.6JE Northern Pacific.
q 100; do. preferred, 72,050; Reading, 80, i25;
Rock Island, 1000; st. Paul, 1920; South
ern Railway, 800; Wabash preferred,
Is Oc0; American Spirits. 1910; American
Cotton Oil, "a, 265; American Tobacco, 100;
Sugar % 800; do. preferred. 6.307 western
Union, $500; Tennessee Coal and Iron,
800: Chicago Great Western, 91So.
Railway bonds were less active and
,asier the Northern Pacific issues show
ng strength and activity. Total sales.
8. 2O0O 900. Government bonds strong; new
IS, is per cent. higher.
MONEY AND EXCHANGE.
Money on call steady at l-iGl IL per
emit; last loan At Il IL per cent; closed
1-iG1 1-2 per cent; prime mercantile pa
er, 3-4qi1-2 DER cent
Sterling exchange firm. with actual
usiness in bankers bills at s4.s6 lisa r
l. Sc 1-2 for demand and As3 3-iNstSi for
ixty days; posted rates, AA l-2uA.5 IL
nd 1886 1-2nsiS 1-2; commercial bills, +.
Is3 1-4GSLS3 IL. \
Silver certificates, 50 IL; silver bars, r.
Ii; Mexican dollars, AZ IA.
Government bonds strong. State bonds
ull. Railway bonds easy. y
FOREIGN MONEY MARKETS. X
The Evening Posts London financial x
abegram says: There was no business
the stock market to-day except IN A..
merlcans. These had a dull opening, a
,nseauent upon realizations, but picked
D i'm the afternoon and changed hands G
material advance on last nights -
cures With the receipt Of New York u
tbles. however the market took down p
ard turn, all the earlier gains were q
st, and prices in most cases left on "
lder Yesterdays close. There was a lit u
e selling on the street. but 1t was due u
operations for New York account, the -
lblic here still refusing to take an ac-
We part In the dealings. a.
The Indian Government has got its re- VI
ittances, and on favorable terms. Gold o.
ports in connection with the operation r.,
. out of the question, as the rate OF
rchase will not allow them. 1t is very HI
ubtful under the circumstances, 4
neither the Bank of England rate will n ~
up on Thursday. So
rhe Paris Bourse opened firm and closed q,
n. while the Berlin market was dull I
=
rhe invitation of the India Council for
1ders for drafts for one crore Of rupees ca
,out s5.Oo0OOo), produced tenders to-day HI
292 lakhs of rupees about (sA .600, 600, Ma
an average rate OF Is. 4d.q1s. lid. ~ ~
rupee The government allowed IL r.
> cont for offers from the tenderers at a.,
, highest price. VII
NEW YORK STOCK QUOTATIONS.
Closing Stocka VI,
.bisva. Topsss sad santa rs ....... low ",
IA son, preferred .................. ...... a3l4
timoreand Oaio l9A
laQa Pa zinc. ...--..- 20 Am
NADIA South efl.. -s...-........'. % ~
itral Pacific. ......''..-...''''.''''''' Am
ssa Dedke ad1 Ollo ..ss...ss.... - S.A &C.
caxo anc Alton ...-...-. --...'..ioS Va.
cago, burfngtoni ohlrS....'.''.-- seB Va.
cago aud Eastern llhncis,.. "a =
c.. c. aud So LOUISE. ............ $3.50 u
c. c. and ST. LOUIS preferred.....-.. "a less
aware aud hu 1son.
aware Lacxa9anua and Western. ....l60
lyer and Rio Grando I3le 9
lver and kio Granie preferred. 4si4
new. 1888 4,
elnew,' Ist preferred ......... =. =. AZ -
I Wayne. -. ...................s..... tIS 90
at Northern. preferred .-..............13y ~
king valley. -..-........---.'...... Us S