Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-04-25
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsI-
NESS CENTRES OF THE WORLD.
Prices Of Money, bonds. Stocks,
Grain, Tobacco, Cotton, Cattle,
Country Produce, &cp Foreign
and Domestic.
NEW YORK April 2l-The dulness Of

NEW YORK, April 2L-The dulness Of
the trading continued to-day. and the
market sagged from hamilton. The lower
prices OF American securities on the
London Exchange gave the tone to the
opening here, where prices OF Interna-
tional shares promptly adjusted them
selves to the London parity, except in the
cases of Reading and Southern preferred.
These two stocks were an exception on
the London Exchange. in showing frac-
tional gains over the New York closing.
But New York declined to adopt the
London view. OF them. and they sold
here at decline about proportional with
the other Internationals.
Adyices from the European Exchanges
Indicated a more serious view of the war
than has been taken since the first trailing
on Tuesday after the Easter holidays
and the outbreak OF hostiities. The
decline In the Internationals was In con-
sonance with the rise in wheat. consist
emily with Wall streets new principle Of
counting hurtful to stocks what is bene-
features OF interest in the days market
were exceedingly scarce. and were con-
fined to peculiar conditions affecting par
ticular stocks.
The bears attacked Missouri Pacific with
renewed stories of financial difficulties
and the probability OF receiEersnlp'
Consolidated Gas was affected by the con-
tinued agitation for legal restriction OF
the price of gas TO 81, and fell points,
without rallying.
The course of the stock market during
the week might be summarized as an
extreme decline on Monday, on the nrst
trading after the news Of the actual out
break OF war on the Macedonian frontier,
n rally which carried prices above the
level of the previous saturday, ana sue
ceeding stagnation. which showed niue
variation, with transactions reduced 10
the smallest proportions. so far as any
general influence on the market was con-
cerned. interest has centered entireiy
In the war news.
Aside from the war news, the lactols
IN the market were not important, and
were confined to individual shares, ex-
cent for a squeeze of shorts in the Coalers'
which was a purely manipulative move
ment. The more prominent railway
shares show a fractional net gain on the
week. although the slump Of Monday ana
the subsequent recovery and final re-
action has covered a range running from
a fraction to g -S. -,
The railway and miscellaneous poiiu
market ruled fairly active during the
week. with a quite general business trans
| acted I'm the usually neglected issues. III
which noteworthy variations were mainly
raoietered Prices were fairly well sus-
taIned for the leading mortgages. and a
material hardening occurred In the Do
| mutations for the gilt-edge liens
Business in governments during the
week was extremely light and the huctu-
atoms were narrow, with the undertohe'
however. good
silver Certificates rose to 81 S-S. on pur-
| cbases az 5000 ounces. but subsequently
rocoded below last weeks close. on the
| bid quotations
MONEY AND EXCHANGE.
Money on call easy at 1a1-2; last loan
10. closing offered at l per cent; prime
mercantile paper. 31-2Gi per cent.
sterling exchange steady, with actual
b,,sInees in bankers bills at ASSaAS IA
for demand. and at S.Sj La Stso 80 - ioa I
| sivtv DAYS; posted rates. AS'4Sioi Il
and 1-2QsLs9; commercial DiiS'
| 81 IS 81. - Ill
silver certificates 81 S-4a62 Ia; bar Sill
Yer 81 SIS: Mexican dollars, IS Ii.
Government bonds steady. state bonus
dun Railroad bonds firm.
| ro.roIauu, steady.