Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-06-19
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 lOfkh, Juilt H'i' w.
dences to-day of marked strength in the
market for securities, and the level oil
prices was at times materially above
Yesterdays close. Some stocks held a
not advance until the close of the mar
ket. but some prominent shares sold OF
10 yesterdays close, or below 1t. be-
fore the conclusion of the days trading.
The Changers were an example. very
marked strength was developed in some
conspicuous cases, owing TO special
causes, and this was a sustaining factor
in the market. But few professional
traders are operating on the belief tnat
a general reaction is due or overdue in
the market. and they are watchful 10
take profits or join the short side. Lon
don buying and good crop news was
against this element to-day, as was the
general outlook for business, and the
aggressive strength OF speculative stocks.
But they found an efficient instrument
In the apprehension due to the sharp
stlffening in the sterling exchange mar
ket. and the announcement of gold ex-
ports-s35O.C0O for tomorrow, and 5000
for next Tuesday.
The special demand for exchange Is
said TO be due TO July remfttanccs FOR
dividends and interest payments on Sc
curities held abroad. and for other half
yearly payments. But the statement OF
the weeks imports of dry-goods at New
York shows them TO be valued al S,3ss,
1O2. an increase of si3i.775 over last week
This foreshadows an increase in the ini-
ports OF general merchandise, also, as
has been indicated by the larger re-
ceipts from customs by the United
States Treasury, as reported from day
TO day. The imports of non-dutiable ar
ticles. such as wool, continue heaVy. Al
though London has bought stocks here
today the sales for London account
have been quite large during the week
These facts are all harped on by the
bears as Indicating that the outgoing
gold movement is likely TO continue FOL
some time yet.
The dealings were somewhat better
distributed to-day. Although the volume
of dealings in Sugar. Chicago Gas, 81
paul and Burlington was far in excess
of that In any other stock. the number
Of stocks in which thousand shate'
mr. over were sold showed an increase
and many inactive stocks were stirred
I'm tho railway list, Missouri Pacific
acored the extreme advance OF II pet
cent and reacted So. Net changes II
tho railroads were small either way
eon,e showing gains and some losses
Western Union and Manhattan were also
cutie strong, the former selling cx-dlVi
dend. and both held practically all the
advance.
Tho total sales of stocks to-day were
90 so3 shares. including American sugar
p.arerv 5000. and Burlington and
Ouincv. 1900; Chicago Gas, 25'o0o; Mis-
souri Pacific. 500; Northern Pacinc pre-
ferred $500; Rock Island. 1900: 81. Paul
Of 1eo. Tennessee Coal and Iron. Sl0o
Western Union, 800; New Jersey Cen
trail. 500.
The bond market displayed a broad
ching tendency. and general improve
ments were registered In the more
nrcr,inent issues Profit-taking was dis-
ccrnible in some of the speculative lines
hut the offerings were well absorbed
and A higher range OF value was es-
tablished. The aggregate sales were
81 $4,000. Government bonds hardened
slightly. on light purchases. The sales
were 5000
MONEY AND EXCHANGE.
P. M.-Money on call easy at 1ql /
per cent: last loan at l per cent, and
closing offered at / per cent. prime mer'
camille paper. 3Gi per cent.
Sterling exchange firm and quiet, with ac-
tual business In bankers bills at &.N La
s4g71-2 for demand and sLSG0Si.S6 Ia for
sixtv DAYS: posted rates. sLs6 i-2usisi
and AssG$isSi-2 commercial bills
sl.S5 IA.
silver certificates. 60 $3.50 3-i bar sill.
yer s0l-2: Mexican dollars, q IL.
Government bonds strong. Railroad
bonds strong. State bonds duN.
BANK CLEARINGS.
The total bank clearings in the United
States for the week were H'ooi. 25S
per cent. increase. L.; exclusive OF Ne"
VII sis1 $50 ss5; per cent. decrease. 30
NEW YORK STOCK QUOTATIONS.
Ciosiag Stoska