Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-07-14
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 YORK, July 13.-The healthy dis
position OF the security market to-day,
evlnced by notable and widely-distri-
buted advances, especially in the Coalers
and Industrials and gilt-edged investment
stocks, was due to various favorable in
huences of general effect. The Coalcrs
early responded with a rise extending to
2 per cent to the Lehigh Valleys cleo
ton OF officers and directors known to be
acceptable TO the controlling interests in
other anthracite properties, and to the
harmony in operation expected to result.
The judicial interruption of the proposed
inquiry into the anthracite trade under
the antitrust law enacted by the last
New York Legislature not only had a
good effect on the Coalers, but strength
ened the whole Industrial group.
To-days Washington rumors continued
favorable to the refining interest, and TO
the effect that a compromise sugar sche-
dule pleasing TO the company would like
ly be agreed upon by the conference. The
result was that Sugar scored another high
record price, touching l37 rs, or nearly 8
3 points above the Hottest price pre-
viously, which was 1874 3-i.
The suspension of a house supposed to
have been hurt In carrying a large ac-
count for an operator on the wrong side
Of the rising market Only temporarily de-
pressed Sugar. 1t is now supposed that
yesterdays sharp jump in Sugar was
partly due to knowledge OF this opera
tors position. The announcement of the
failure caused reaction in the market,
which carried prices generally q fraction
below last nights close.
The fluctuations III Sugar were most
erratic, and were attended with heavy
covering of shorts. Hesitation ensued,
and there was considerable fctivity and
strength. The transactions In the stock
comprised a fourth of the total transac-
lions i'm all stocks, over 1900 shares be-
ing sold. After a momentary decline at
the opening, the stock sold up 2 rs above
yesterdays close, reacted Els and then
partly recovered, closing at a point adj
vance over yesterday.
Chicago Gas ruled strong on favorable
Chicago dispatches. Good crop and
weather advices bettered the Changers "A
sharp fraction. Susquehanna and West
ern preferred gained 2l-S, Northwest pre-
ferred and Delaware and Hudson 2 each.
Other stocks not hitherto mentioned
which recorded gains of point or more
were Tobacco, Canadian Pacific, New
Jersey Central. Reading first preferred,
do, second preferred, Minneapolis and
ST. Louis second preferred, Pullman, Rio
Grande Western. Spirits preferred, Lea
Their preferred and Oregon Short Line.
The closing was strong, and generally
at best prices, which were a fraction
above yesterdays close in cases not
specified above. Marked exceptions
were Brooklyn Rapid Transit and Des
Mones and Fort Dodge, which closed
3-4a1 Ii, respectively. below yesterday.
The total sales of stocks to-day were
SO2. 65S shares. including Chicago, Burling-
ton and Quincy. Il. 622; Delaware and Hud-
son. 6C65: Louisville and Nashville. 500;
New York, Susduehanna and Western
preferred, 717 New Jersey Central. sob;
Reading, $3.50; Rock Island, 7,14O; st.
Paul, 3t56S; American Tobacco. IL, l35;
Chicago Gas, 1896; Sugar. 79,0S7; United
States Leather preferred. 1884.
Considerable strength was displayed
among a few of the Industrial mort
cages. but the general market also dis
played an improved tone, on moderate
purchases. Business was somewhat
more general in the lowpriced securi-
ties. with the liens of some recently re-
organized properties assuming promi-
hence. The aggregate sales were ST.
703, 600.
Government bonds were practically
neglected but ruled steady, at yester-
days closing prices.
MONEY AND EXCHANGE.
Money on call easy at 1lt1 IA; last
loan at /, and closing offered at 1 per
cent; prime mercantile paper, 3qi per
cent.
Sterling exchange firm, with actual
business in bankers bills at siS7ds4S7 IA
for demand, and s4.S6asi.s6 IA for sixty
days; posted rates. A.6AA.61 IL and
"a SSas4. So IL; commercial bills. 1851
silver certificates, 60 S-SdGO rs: bar sill
yer. co.'s; Mexican dollars, 1918.
Government bonds firm; State bonds
dull: railroad bonds strong.
NEW YORK STOCK QUOTATIONS.