Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-05-15
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 YORK, May 14.-The market was
under steady and unremltting pressure
all day. from one source or another, ana
the result is a wide gap In the total
valuation of securities, compared with
the close yesterday, which it would re-
ouire many millions of dollars TO bridge.
The only cheerful factor in the market
was some small early buying for foreign
account. which, however, failed TO sus-
tain values, and the exceptional strength
of the Gould shares
During the earlier hours Of trading, the
bears harped industriously on the de-
yelopments in the Cuban situation, and
the governments proposed attitude to-
wards il. The Washington adyices were
held to foreshadow aggressive action by
the government, such as would be Ike
~ to embron the country with Spain.
When later advices from the Capital IN
dicated the milder character of the mea-
sures contemplated and that they would
probably be confined 10 the dispatch OF
relief TO distressed American citizens IN
the island, the bears turned to the an
nouncement of an additional Shipment
Of 81. 10000 in gold bars by to-morro"
steamer. This makes the total Tor the
steamer 81 900: whereas. the selling OF
stocks earlier i'm the week was based
upon an estimate that the shipments
would aggregate 100000. or even $o-
600 900. 1t is significant, also, that these
shipments were made on cabled orders
from Europe indicating the special cha
racter of the demand for the gold.
The volume OF purchases OF securities
for foreign account during the week has
undoubtedly affected the existing situa-
ton. The decrease for the week in the
value of dry-goods imported at New
York of s2043 POS, is equally significant.
The market was, however, under a
vague apprehension that there would
come late news of further heavy ship
ments, and. the bears made this an enec-
tive instrsoient for keeping up the de-
preston. Before any. notable rally could
occur news was received that the presl-
dents of the anthracite coal roads ana
companies had received summons from
the Attorney Generals Office at Albany
TO answer TO charges of conspiracy un-
der the new antitrust laws. Marked
heayiness developed as a result in all
Of the Anthracite Coalers, and sympathy
in the entire list, especially In the In
dustrials. which might be proceeded
against on the same charge as that
brought against the coal companies. New
Jersey Central fell to the lowest price
Of the year. under this selling. The eX-
IRENE decline was IA. TO 70 IA. The de-
cline in the other Coalers ranged from
SIS 10 "a.
Sugar continued heavy, and declined
Is
The railway list generally sold Off
large fraction. the Changers leading, but
recovered a portion of the loss before
the close Rubber preferred lost IL. Inc
Gould shares were notable exceptions 10
the weakness of the market Manhattan,
especially. showing a rise at one time
OF SIS with a subsequent reaction OF 5-S
The gains I'm the others were confined 10
fractions.
The closing was steady, the slight re-
coveries being well held. The total sale
of stocks for the day amounted TO H.
90 shares. including American Sugar Re
6nerv. q. 100; Burlington and Quincy, H.
100. Chicago Gas. 10Sc0: Manhattan con-
solidated. 1900: Reading. 1905; ST. Paul,
II 800: New Jersey Central, 1890.
Trading was in small volume in the
railway and miscellaneous bond market,
with firmness generally apparent in the
speculative issues. The aggregate sales
were $4,000.
The feature Of the government bond
sneculation was the purchase OF a block
~ s2OO 600 OF the new coupon fours, al
slight advance. The general market also
disnlayed hardening tendency The
sales were S2Zo,OvV.
MONEY AND EXCHANGE.
Money on call easy at 1-+al-2 per cent.
nrine mercantile paper, Sl-2g4 per cent.
- sterling exchange steady. with actual
,,,s,ness I'm bankers bills at siS 1-iGp
stgrI-2 for demand. and at sis6 LA
<tSs1-2 for sixty days; posted rates, s.S7
"a s4SsGt4sS1-2; commercial bills,
'' Syrer certificates. 81 3-S9s1 SIS; bar sill
,,ar 81 1-s: Mexican dollars. a l-2.
Government bonds hrmer; State bonds
aull. railroad bonds firm.
Petroleum steady.
NEW YORK STOCK QUOTATIONS.
Closing stccks
Atcn,s,,s. ropska aud Ssnss - 500. i04
Adams Express ......... .................l5U
Alton, Terre Haute. .......-'..'...'....... oO
American Exprtlss.. ......'..'.....'..' 10
Baltimore dIi aIto. ...s.....-.. isS
"a a