Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-08-04
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT Dusi-
NESS CENTRES OF THE WORLD.
Prices of Money, Bonds, Stocks
Grain, Tobacco, Cotton, Cnt'ie'
GENTRY Produce, &cr Foreign
and Domestic.

NEW YORK, August S,-Ihe inalAe nam.
,or secuTities received a furth-r power
ful impetus to-day, reaching Il his"e'
level Of value. Buying was anlmateu'
"a of large volume in all departments
NOT only of the stock market, but OF the
! ,,a market. The confidence OF the
r,,,l;c in the revival Of business and the
inprovement in values were plainly mann
fest in the large commission-house OF
| ders executed on the floor, these beihg III
! s,ch numbers and OF such importance as
70 overwhelm all attempts on the par'
90 professional operators to check the
advance. and to manipulate the market
for reaction.
All the news was such as to push 'he
enhancement Of prices. Reports OF crop
rrosnects continued encouraging from
al quarters. and the continued rise OF
x,oos IN the grain market reflected the
ra.edarce Of buyers that good prices
80, Ia he realized as soon az the re-
rorts ~ railroad traffic were issued. me
ri,'nstvord movement of merchandise Is
also raported TO be large Tor the seaSo"'
- 49, tho trains carried westward as
iii &C those coming eastward are pro-
ducing revenue for the railways
srba huoyancy of the Industrial STOCKS
80 Tho result of the bright outlook III
trade in the particular staples III Whlch
these corporations deal. The gas com
nantes especially were benehted' ConSoii
dated Gas leading, with net gam Vi
3 IL points. it, ,,,,,cb
10 huSl-
noss indicating exchange breaking 10
sts7 for sioht bills and $Ls5 S-4 for sixty
AVS The declining tendency is due 10
,ho free offering Of grain bills, when are
tu,o,,, IN increase from this time on IN
~, Of this fact further exports OF goid
80 exceedingly unlikely to occur ana the
aon,,ol reflux OF gold will probably begin
~ M distant day. The heavy advance
a., tho balance 10 result from foreign puf-
cbases of grain is considered TO De the
.o,,,,n ~ the Discrimination OF foreign
axchanges to invest in American securl-
ties and their disposition TO take thelr
nrofits by selling these securities IN lhe
Now York market. Sales OF this char-
octer were large to-day, especially oil
Northern Pacific preferred
The following list Of advances indicates
the PROPORTIONS Of the Improvement; Con-
co1fdatod Gas, . - AHot 'Nt'N' go
.. sugar preferred. 6 S-S; Sugar. Brooklyn
Y,nion Gas. Chicago Gas. General Elec-
tr,n IacIede Gas oregon Navigation. 81
paul and Duluth, both common and pre-
ferred and Spirits preferred, points or
over. - ~ ,o- .horos
Including Atchison, 66S5; do. preferred
8 o2e. chesapeake and Ohio 1910 Chi
800 harrington and Quincy, A.SO: Chi
&c cleveland, Cincinnati and st. Louis.
: 9SS. Missouri Pacific. 1926; New Albany
and chicago preferred, n,SO; Northern
pacifc preferred. $3.50; Northwestern
9 20. Reading. 100; Rock Island. 1910;
g, PAM "A 599: Southern Railroad pre-
sarred O liz: Union Pacific 1850; Amerl-
can spirits. 1865; American IoDacco'
az 40. Chicago Gas. 2o,44o; General Elec-
,r,c 20 pa: Sugar. b.46O: Western Union.
70 SEQ. Chicago G.. w. 1i@2.
Trading in railroad mortgages was IN
,a,sa volume. with substantial variations
IN many issues The low-priced securl-
ties were eagerly sought for by domestic
and foreign purchasers. The general
tone was very strong, with special in
fluences operating TO enhance the values
80 some lines. notably oregon Improve
ment consol 5's. The aggregate sales
were s3,eso,0oo.
MONEY AND EXCHANGE.
Money on call easy at ll-tgl l-2; last