Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-05-06
QUOTATIONS.
REPORTS FROM ALL GREAT DusI-
NESS CENTRES OF THE WORLD.
Prices of Money, Bonds, Stocks
Grain, Tobacco, Cotton, Cattle,
Country Produce, &c.s Foreign
and Domestic.

NEW YORK, May 5.-To-day's market
was reactionary throughout, and very
many stocks showed a loss OF point
or over on the days transactions. the
gain OF yesterday being for the most
part lost. The activity OF the dealings
was considerably diminished as compared
with yesterday, the total OF the shares
sold being some fifty thousand less than
yesterday. So ',1If
OF to-day's sales nearly half were OF
Sugar and Chicago Gas. Outside OF these
Western Union was the only notably
active stock on the list. The Gould
stocks. all of them, and the Coaiers
were depressing influences in the market
TO some extent, the former seeming TO
be totally lacking in resiiency until the
final transactions of the day, when they
rallied a fraction. There was what
looked like liquidation in all OF these
stocks and many rumors bearing on
this were set aloat to help the declhe'
The turbulent rush to cover OF the shorts
last night left that interest largely &C.
pleted in to-day's market. ana there
was no resulting pressure 10 puy.
There was besides the natural reaclloh
from yesterday > uDhtlh it'h 80 ltN'+
taking The lower prices OF Americans
i'm London helped the decline 10 some
extent. though not fully to the London
parity. until that market had sold seVe-
raj thousand shares of the leading IN
ternational stocks, and these were all
contributary causes to the depression.
But the principal motive OF the selling
was undoubtedly a modification OF the
view held yesterday that the tariff Dill
- cppadW enactment into
law. Reports found currency early III
the day of expressions OF dissatisfaction
with the bill by prominent members OF
the House of Representatives. ana espe-
cially Of determined hostility TO schedules
which are viewed with most interest In
Wall street.
SEEING the tenderness OF the market,
the traders embarked upon selling
movement to-day to discount the de-
feat of the Anglo-American treaty in
the Senate: the vote upon which was not
taken when the market closed. There
was no evidence in this OF any oeep-
seated timidity on the part of capital.
lest the defeat Of the treaty should lead
TO international complications. III was
rather a manoeuvre Of present trauers'
which was effective in narrow market
and which was based upon a supposition
that London will sell American securl-
tics on the defeat OF the treaty.
The day was marked by turther oe-
cline I'm the rates OF sterling exchange
demand touching $iS7. and sixty days
aS3-4 and the consequent subsiaence
of apprehensons of further gold snip
ments on Saturday. which are now con.
eiSered highly improbable. Rumors OF
an agreement by an Exchange house not
to ship more gold were denied, but these
,.ero coupled with the statement that
further shipments were not likely this
week. 49,. 49,, ,-72lz
The total sale of stocks was loIof'
shares Including American Tobacco
9 COO American Sugar Refinery 4iSOo;
burlington and Quincy. 900; Ghicago
Cas- q 100: Manhattan Consolidated,
1900: ST. Paul. 10000; western ohioh
Telecranh $500.