Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-09-01
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT pUsI-
NESS CENTRES OF THE WORLD.
Prices OF Money, bonds, Stocks.
Grain, Tobacco, Cotton, Cattle,
Country Produce, &C., Foreign
and DCmestic.

NEW YORK, August 3i-To-day's
stock market was characterized by great
irregularity, the prices OF many stocks
remaining remarkably stable. even on
large transactions, while the price move
ment of others was wide and cratic to
the last degree, and quite independent OF
any general influence or harmony Of
tendency among holders. Sugar was
the sensational feature, and covered a
range Of nearly points during the day.
There was no news regarding the stock
received during the day that was not
known at the opening of the market. But
the speculative traders drew some de-
auctions from the facts already known
as to the very exciting trading in the
stock.
The speculation turned on the probable
benefits to the industry from the Treasury
Departments Interpretation of the clause
of the tariff bill discriminating against
sugar from countries that pay an export
bounty. The belief that this clause would
be administered so as to insure the exI
clusion of the competition OF Dutch re-
fined sugar gave Sugar stock its strength
to-day.
The stock logged along steadily and
comfortably on the up grade till noon.
covering about point in the rise. The
price then made a sensational rush up
ward by leaps of 1-la1-2. and even full
point at a time, to 1856 IL, the reaction
being comparatively small. Just in the
closing transactions the price jumped
again to l57 and fell back a point.
Tobacco also rose "a in the final trans
actions, apparently in sympathy with
Sugar. The sales Of Sugar reached
10000 shares.
The usually active railroad shares,
which showed a free price movement, were
the exception to the rule. The decline
i'm the Changers carried Burlington down
nearly a point but the net change In
the group does not exceed half the gain
shown by Rock Island, Omaha. and Chi
cago Great Western. The same immo-
bility was manifested i'm the internation-
ally-listed stocks Wabash seemed TO
be held from moving either up or down.
the same was true OF Louisville and
Nashville until late in the day. when the
stock moved up a point, but reacted
partly. Some of these stocks were very
largely dcdll III, DNt TIE lldLSdItlOlS ulu
not seem to affect the price. The total
sales Of all stocks were 5000 shares.
In the bond market the sales exceeded
$i,5c00 600. and were strong generally. es-
pecially the Reading As. Government
new As were bid up Is.
The total sales Of stocks to-
day were 55s.Ss7 shares. includ-
ing Atchison, preferred. q. DDS: Chesa-
peake and Ohio, 4,lO; Chicago. Bur-
iington and Quincy. 5.iS2; Louisville and
Nashville. o. iS5; Missouri Pacific. is. iej;
Reading S47j: Rock Island, 9,GCS: st. Paul.
2S1sO; Southern Railway, 1876; do. PRE-
ferred. 7.720; American Cotton oil. 1890;
American Tobacco, 1897; Bay State Gas,
10S15; Chicago Gas, 9,545; Laciede Gas,
1920; Pacific. 1883: Sugar, 1905. Ten
nessee Coal and Iron, A,lS5; Western
Union. 1850; Chicago Great Western,
O,g55.
MONEY AND EXCHANGE.
p. M.-Money on call easy at 1d1 IL
per cent; last loan at ii; closing Of
fered at 1G1 IA per cent; prime mercan-
tile paper 3 l-2Q4 IL.
Sterling exchange slightly easier. with
actual business in bankers bills at
81 & 5-sGs. So 81 for demand, and N.S LA
A&1-2 for sixty days. posted rates.
A8l 1-2aS4s51 and 1886 1-iGA.S; COM
mercial bills. siSZ IL.
Silver certificates, 52g52 81; bar silver,
81 a. Mexican dollars, Al IA.
Government bonds strong; state bonds
dull; railroad bonds firm.