Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-02-19
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsI-
NESS CENTRES OF THE WORLD.
Prices of Money, Bonds, STOCKS
Grain, Tobacco, Cotton, Cnttie'
Country Produce, &C., Foreign
and Domestic.

NEW YORK. February 1S.-Affairs at
the Stock Exchange were not only char
acterized by extreme dulness 0he sales
footing only 11sO3l shares, but an unset
tied feeling prevailed throughout the ses-
sion. 1t goes almost without saying
that the dealings were almost entirely
professional. and even these operators re-
fused to 90 into new ventures on an
extensive scale. In the main, the In
dustrials were frmer, while the railway
list gradually drifted to a lower level.
There was a steady dribbling of the
Changers, although nothing new devel-
oped on which selling movement could
be predicted The bears revamped the
old story about probable reduction in
the Burlington dividends, but as mat
ter of fact nothing definite is known in
regard to the matter, as the directors re-
fuse to commit themselves, and say that
they themselves are ignorant as to the
action to be taken. Nevertheless, the
stock declined about a point, and closed
at the lowest, and st. Paul and Rock
Island ruled lower. In sympathy.
More aggressiveness was shown in the
case of the Coalers, both bituminous
and anthracite. In addition TO the I'M
satisfactory condition of these industries.
the bituminous stocks were unfavorably
affected by the further sharp decline in
Hocking-Valley bonds. and reports tha'
no provision has yet been made for the
interest due March 1st. II Is said plan
Is being devised whereby the coupons
will be purchased by bankers identified
with the property Hooking Valley com
mon declined SIS, to us, and the pre-
ferred was offered at %, the last report
ed sale having been at 40. The 6s and
consolidated SIS dropped 446 per cent.
Wheeling and Lake Erie fell 3-S to l 1-2.
and the preferred us. 20 71-2, the low
est figures vet touched. Among the An
thracites. Jersey Central was the feature.
| declining 2 points, to Sc 81, on regular,
| and 96, seller. CO.
There was a rally Of nearly l per cent.
I'm the late dealings. The Gould stocks
continued feverish. and Manhattan fluc-
tuated between IS and Sc ga. with final
sales at 81. Rumors are still rife that
n reduction in the dividend rate is con-
templated, owing partly TO prospective
expenditures for improvements, and also
because of the floating debt. Missouri
| Pacific declined rs, to 10 Ia and rallied
| to 10 rs.
Sugar rose to ia 1-2. on the announce
ment that certain grades of refined had
been advanced 1-16, but the improvement
| was afterwards lost.
The foreigners were moderate sellers
| of interest stocks.
The market closed weak. Net changes
show losses of IA to is per cent. the
/ coal stocks leading. American Spirits
| and Leather preferred, however, gained
1-463-S per cent.
Bonds were irregular The sales rooted
UP S1.3lG,OO0. an ~, ooo.
Treasury balances: Coin, $l25,SOl,O5s;
currency, $5S.05,0OS.
MONEY AND EXCHANGE.
| Money on call easy, at l-2ql 81 per
| cont last loan at IL. and closing Of
| fered at IL; prime mercantile paper
p Bar silver, a SIS; silver at the board
neglected. ,.,, oo.,,o,
b,siness i'm bankers bill at A.SaSiSo Ia
Gov sixtv DAYS. and SiS for demand
ros+od rates. Sl.s5 1-2dslsS; commercial
bills. sl@ 1-2QAa l-2.
| Government bonds steady. State bonds
dull Railroad bonds Irregular
1