Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-09-04
MARKET QUOTATIONS.
Prices Of Money. Bonds, Stocks,
Grain, Tobacco, Cotton, Cattle
Country Produce, Ae- ysreig.
and Domestic.

NEW YORK, September 3.--To-day's
market was much more regular than
that OF yesterday, the notable advances
not being so palpably manipulated. and
the current proft-taking in other stocks
not being on so large scale. The
market throughout was stronger, and the
average level of prices rallied further
than yesterday. There was a decrease
Of activity In the Industrial stocks, and
the dealings In the standard railway
shares were largely augmented. the buy
ing through commission-houses being
confident and on large scale. The
volume Of transactions in the Vanderbilt
group, which played such a conspicuous
part in yesterdays market, showed a
considerable falling of, but they re-
tained the sharp gains achieved yester-
day, and, in fact, closed tonight higher.
Northwest sold as high as yesterdays
high point, but reacted.
But the centre OF interest in the market
was shifted to st. Paul, which sold du-
iii5 tht uty dt %, a Itl duNalNt VI D o-f,
and which crossed Burlington to-day, on
enormous transactions. ST. Paul was
aided by the statement OF estimated
gross earnings for the fourth week I'm
August, which showed an increase over
the corresponding week last year Of
SOS, 30. The rise was stimulated, also,
by the circulation Of rumors. without de-
finite authority, that the dividend rate
would be increased. The statements Of
Burlington for July. and Rock Island for
August, were also a help TO St. Paul
along with all the members OF the
Granger group. Unauthorized rumors
had exaggerated the gain to be shown
By the Burlington statement, and that
stock, in consequence. failed to benefit
very materially from II. Rock Islands
increase in gross earnings for the month
Of August was $375Sl0. These incidents
served to put the Changers again in the
lead of the market, and their strength
helped the whole list.
Sugar moved up and down in a feverish
and erratic manner, over range of five
points, to a new high record at l59 H.
and as low as 15i IL. The Changers and
many other stocks touched new high
levels for the year. Louisville and Nash
vile was exceptionally strong all day,
and gained two points net Many other
stocks that have been under recent pres
sure OF proft-taking moved up to-day.
This was notably true of the lnterna-
tionals, Union Pacific being an exception.
on account Of reports that the govern
ment would oppose the foreclosure sale
upon which is based the reorganization
plan. The stock lost fraction.
London prices were higher. and they
bought. about 10000 shares here on
balance.
The total sales Of stocks to-day were
$50 ,325 shares.
Bonds were active and higher. Total
sales. 100000. United States registered
as. sold at III ii; new As, coupon, at
1926, and coupon SIS at l14f-4. Total
sales, s25 900.
FOREIGN MONEY MARKETS.
The Evening Posts London financial
cable says: The stock markets were
ouietlv steady to-day, the only feature
being the buoyancy Of Americans, which
are exciting increased attention. The
stimulus comes from New York. but not
withstanding the continued selling there,
a steady stream of buying also goes on.
To the onlooker. the position OF Ameri-
cans Is very interesting. constant
question among City men, and one which
I'm a sense will give some clue 10 the
position. is: rs the public here once
again lost in an effort TO relieve the
stocks at boom prices" 1t Is generally
believed here that the rise VIII go sun
further but spectators certainly show
much caution.
prices closed firm, at the best. Amid
cheers. Milwaukee has just been dealt in
al over mar. The New York buying to-
day was very large.
,rhe discount market here to-day shows
an easier tone. 1t was rumored that
Janan had released some or It's deposit
money. but this is not true.
The paris Bourse was firm, ana the
perIin market was quiet, after duiness.
MONEY AND EXCHANGE.
Money easier al 1-2a2: last loan at
Int closed at 1-2G2 per cent;
prime mercantile paper, Sl-2a4 IL per
cent. in, oo,,,o,
sterling exchange strong, with actuai
,,'',,,ass IN bankers bills at AS 7-S9
tIss1-9 for demand, and at SS S-iqA.a
e. s,xtv DAYS; posted rates. $A La
sssi-9 and si.Ss 1-2a$4S; commercial
bills, &.S IL. - .u,,or 20.
silver certificates, o- 3-f' oar sn'ei' '-'
Mexican dollars, Al 5-S.
Government bonds strong; state pohus
dull: railroad bonds strong.
RANK CLEARINGS.
The total bank cIearings for the week
nero 81 129. 2i5. 846: per cent. increase 5o.5;
evc,usive of New York, si5l.ss2,1oS; per
cent. increase. 2iO.
NEW YORK STOCK QUOTATIONS,