Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-07-22
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 lOtths July -As-lue STUN h''N'
ket to-day was generally firm. but at
the closing was strong at a better level
for not only the more active shares.
but also for shares usually quiet and
influences was a cent extreme rise
IN wheat. and export orders for over a
million bushels OF wheat. while yester-
day the enormous quantity Of "A million
and a half bushels was engaged for ex-
port. which IS the largest days busi-
ness in a number OF years. Other innu-
ences were the Treasury's Continued
gain in gold. the favorable crop out
look. and pre- lictlons Of the tariffs early
becoming a law. Predictions were not
wanting that this country would have
large credit balance abroad next year
although there was possibility OF
moderate gold exports seen.
Speculative and commlssion-house or
ders were sustaining in the local mar
ket. while foreign bankers maintained
that recent London sales were really tue
Ilouidation Of purchases i'm London for
New York account. Top prices for the
present movement were recorded by
Chicago Gas. Rock Island, Brooklyn
Rapid Transit. Lead Chicago and Great
Western, and Missouri. Kansas ana
Texas preferred, as well as some less
notable stocks. Compared with a month
beck. twelve Industrial stocks were
quoted to-day AT an advance OF over
par cent. while tvs nty railroad stocks
hfc fafG
course. is a constant temptation to those
who have for several years found sales
a a sharp advance ultimately profitable.
but bulls argue that the improving bust
ness situation. and expected increase in
railway earnings may carry the market
above the figures prevailing before the
1893 panic.
Sugar rose to 1i5 IL. receded 10 142 L.
and closed with net loss Of 81 per
cent II is claimed IN some quarters
that the interests most active in the
recent advance Of the speciality have
realized on much Of their holdings, but
there Is no way Of verifying such
rumors.
Lead was buoyant on buying. attri-
buted 70 the tariff changes. Chicago
Gas advanced on confident buying IN
,,iew Of the dividend expectations. Con-
soiidated Gas broke per cent. part
~ which il subsequently recovered. The
disturbing feature. seemingly, was fear
that the consolidation of other compa-
mics. If it materializes, would lead to
sharp competition.
The Changers were I'm particularly good
demand, notably Rock Island, which
Improved on reports Of immense crop
results in Kansas and Oklahoma. crop
nrospects also strengthened Southwest
ern stocks. especially St. Louis and
Southwestern preferred and Missouri,
Kansas and Texas preferred.
Homes Of an early settlement or the
local strike uplifted Tennessee Coal
and Iron. although the June report was
far from favorable Wheeling and Lake
Erie preferred were also benefited by
the former influence.
The rise in Brooklyn Rapid Transit
was due 10 the conviction that i'm
portant street railway unions are APP
preaching.
The total sales Of stocks to-day were
30s. so shares including Atchison' pre-
ferred 5.5l5; Chicago, Burlington ana
Quincy. 1920: Missouri, Kansas and
Texas, preferred. l,50l; keauils' 80
Rock Island. 1850: ST. Louis, preferred
ia. ST. Paul. Z7.9iS; American Spirits
on. Chicago Gas 2S,25o; Lead l5'Vl :
sugar. 5O316; Tennessee Coal and Iron
ESQ. ,,-.a
Business in railway and miscellaneous
bonds was I'm considerable volume. Some
of the active issues received good sup
port better than for some time. Inc
aggregate sales were $4,000. Govern
ments hold firm on light transactions
The sales were 5000.
MONEY AND EXCHANGE.
Money on call easy at ii per cent;
last loan at / per cent, ana Closing
offered an per cent; prime mercantile
paper, 3Q4 per cent. .,
Sterling exchange steady, with actual
business in bankers bills at S4@ ii for
demand, and $461-i for sixty a, aa sss,
nosted rates. A6dA.d IL and N.Ss4
fGSS1-2. commercial bills, AS -
Snver certificates 80 3-44G0 Is; bar sill
YER. 597-S; Mexican dollars 46S-i
Government bonds firm. state ponds
o,let Railroad bonds firm.
..rur vOpK Stock QUOTATIONS.