Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-12-28
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT DUsI-
NESS CENTRES OF THE WORLD.
Prices OF Money, Dends, Stocks,
Grain, Tobacco, Cotton, Cattle
Country Produce, &C.. Foreign
and Domestic.
and Domestic.

NEW YORK, December N.-The only
active interest in to-day's stock market
was manifested by professional traders,
and they devoted themselves almost al
together to the recent speculative favor
ties of the market which are comprised
in the group known as the Specialtles'
and more particularly the stocks OF local
corporations and traction companies. The
tone of the trading was unsettled, and
at times decidedly feverish. The strength
OF the specialties caused a strong opening
and upheld prices in the general market
so far as there was any movement The
marked weakness in Sugar, and gene
raj movement to realize, owing to the
continued stiffness, and to some extent
TO the expressed apprehension of threat
ening developments in the far East, car
ried prices below last weeks level. where
they remained, in the case of many lead
ing stocks, until the close.
To-day was a holiday in London, and
there were no quotations for British con-
soils. the accepted barometer Of European
politics There was, however, trading on
there did not indicate any acute apprehen-
sion from the outlook in China.
There were some stocks which showed
exceptional movement. One Of these was
Chesapeake and Ohio, which was bought
heavily by a leading bull operator, and
which advanced nearly point
The third weeks statement at hand OF
Southwestern railroads were not very
favorable-notably. that for Kansas ana
Texas, which showed a decrease OF S23,-
49S. and for ST. Louis Southwestern, with
a falling off Of over $1,000 as compared
with last year.
The situation in the money marker mas
uuickened payments on the Paclnc pond
redemption. The government Is sun
sending out checks from Washington for
the payment of bonds, but money from
this source has not come back into the
market with sufficient freedom TO prevent
us feeling to-day's Union Pacific payment
IN the government of about SS,J00.OOO, even
though 100000 OF this is left by the
government on deposit in New York.
There was considerable calling of loans
to-day and the rate paid TO replace them
ranged from 1-2G4 IL per cent. with
the majority az per cent. There was
a rise also in the rates OF sterling eX-
change to-day, which precluded the ldea
of any immediate luIlufl bpiN 'iAitSi 80
In the final dealings there were some
sharp reactions I'm the Specialties and
and Coalers, which wiped out all the pre-
vious gains. and in some cases left prices
materially lower.
The tone of the bond market was hrm
and in some cases sharp gains were
shown. Total sales, sl,e00,O0O. United
States old As, registered. were is lower
bid.
The total sales Of stocks to-day were
2S7. 100 shares, including Chesapeake and
Ohio. 9193: Chicago. Burlington ana
Quincy. q. SG6: Louisville and Nashville.
kOsO: Manhattan, 1925; Metropolitan
Street Railway, 9,6l7; Missouri Paclilc'
900: Northern Pacific preferred, 5.19o;
Rock Island. 6.645; st. Paul, 9,l54; Amerl-
can Tobacco. apo; Bay State Gas, S.172;
chicago Great Western, s,G5S; Lead, S'fio;
Sugar, A.Ol1; Tennessee Coal and Iron
$40. -
MONEY AND EXCHANGE.
Money on call firm at 3d3 IL per cent:
last loan at per cent, and closing OF
fered at IL per cent; prime mercantlle
paper. 8 1-2G4 ga per cent.
Sterling exchange firm, with actual pusi-
ness I'm bankers bills at A4 LA A& IL
for demand and Si.S1 l-2uASl 3-4 for sixty
AVS. posted rates. Si.s2 1-2qS48 and
as i-2ds.s6; commercial bills. $l.d.
silver certificates. 57G5S; bar silver. 81;
Mexican dollars. 20 0-S
~ =, ,,,art bonds easier. State bonds