Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-12-10
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 DCmrstfc.
and Domestic.

NEW YORK, December 9.-The bull
element met with some formidable OBJ
stacles in their efforts to advance the
prices OF stocks to-day. and the greater
part Of their success was achieved with
the Industrial specialities. The manipu-
lation in the case of these stocks was
very open and palpable, but some sub
stantial gains were shown by railroad
stocks, on the firm basis Of increased
earnings. There were a number Of stocks
also which were persistently heavy in
tone. and required vigorous support to
prevent the spread of weakness through
the whole market This was notably
true of Sugar, which ruled for some
time below yesterdays closing price, and
fell at one time TO the extent Of a point.
London was a very large seller of
stocks on balance in this market, and
the volume of sales ON that account is
estimated at 10000 shares, embracing all
OF the international stocks. Union
Pacific fell / ii on the resolution of the
Senate TO postpone the Kansas Pacific
sale. Manhattan, Northwest, and North
ern Pacific, and some other less
prominent stocks showed a heavy tone
during the whole of the early part of
the day. These causes, together with the
inertness of the Granger group, were a
persistent drag on the market
The latter part of the day saw very
animated contest between professional
traders for the control of the market.
In the majority of standard railway
shares which were left free from mani
ba
gains approaching a point are shown I'm
some southern railroads which are show
ing good earning capacity. Quite num-
Der Of small losses are shown. In the
Specialities, on the other hand, including
Manhattan, Tobacco. Leather preferred.
Brooklyn Transit Metropolitan Traction
and number Of the Vanderbilts. there
were gains extending from 1-2 to 25-S.
the latter in Manhattan.
The market continues active and broad.
some notable gains being shown in special
cases, and the level of prices through
out the list showing material
advance. st. Louis and San Francisco
Trust SIS are per cent. higher. Mobile
and Ohio AS rose 2 5-S per cent, in ac-
cordance with the rise Of 41-2 I'm the stock
Of that company. Missouri Pacific
bonds were all strong. the collateral Ss
rising 3 per cent. further. the consol SIS
2. and the trust SIS, 1 Ia. The total sales
reached a value OF $5,S0o,0OO
Government bonds were strong all
around, both the old and the new As adj
vancing Ia bid. and the SIS. Is bid.
The total sales of stocks were 3Sl, 0c0
shares, including Atchison preferred.
$3.50; Chicago, Burlington and quincy,
17165 Louisville and Nashville 1880;
Manhattan. 1890; Missouri Pacific. 1850;
New York Central. 1000; Northern Pacific,
preferred. 1887; Rock Island. 1900;
st. Paul. 1920; Southern railway pre-
ferred, 1874; Union Pacific, 1857 Ameri-
can Tobacco. 1880; Chicago Great West
ern. 121Sj Peoples Gas, SOB; Sugar,
80 800; Western Union. 5Sl9.
MONEY AND EXCHANGE.
3P. M.-Money on call easy at 1-2d2
per cent; last loan at per cent; closing
offered at 1-2q2 per cent; prime mer-
camille paper, 3li4 per cent.
Sterling exchange steady, with actual
business in bankers bills at S4.S Ia for
demand, and $4S2 1-2aS4S2 "a for sixty
days: posted rates. A.8 1-24Si.Si and
81 Sc 1-20s4S7; commercial bills, $i.&.
silver certificates. 81 3-4q5S 1-2. Bar sill
ger 5S nominally Mexican dollars, IS 10.
Government bonds strong. State bonds
dull. Railroad bonds strong.
NEW YORK STOCK QUOTATIONS