Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-05-19
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsI-
NESS CENTRES OF TEE WORLD.
Prices of Money, Bonds, Stocks,
Grain, Tobacco, Cotton, Cattle,
Country Produce, &c, Foreign
and Domestic.
and Domestic

NEW 1Olkk, May 10 TIC lANihN""NN'
potentially for evil always latent I'm the
Eastern question was measured to some
degree by the sense of relief reflected
i'm the exchanges Of the world to-day
over Turkeys acceding to the demand
Of the Powers for a cessation of hos
tilities against Greece. Values all over
Europe improved from moment to mo-
ment and even American securities,
remote as are the properties they repre-
sent from any danger of harm in the
cataclysm of European war, advanced
in price all through the market. The
improved tone abroad was the salient
influence in the market but it was aid
ed by various favorable domestic fac
tors in the situation. The further weak
ening Of the exchange market. both for
selling and Continental exchange. added
TO the conviction that if any gold is ex-
ported this week the amount will be
small.
There was in the tone of the stock
market n reflected indifference to the
possibility of action by the Senate on the
Cuban question that might be unaccept-
able to Spain. This was partly due to
the belief prevalent in Wall street that
the administration has determined upon
Il conservative policy upon Cuba, but
holders of securities are also less in
cIined to timidity on account Of the
agitation of the Cuban question than
was formerly the case Perhaps the re-
strlcted volume Of the trading was due
i'm part to the Cuban discussion in the
Senate. the total sales reaching only
about $4,000 shares.
Although about half this amount was
absorbed by the five leading stocks, the
smaller sales were better distributed
through the list than for some time past
many usually inactive shares changing
for a fair degree Of activity chicago
Gas was the leader OF the market. ana
was strong all day. until just before the
close. when Il reacted sharp traction
St Paul and Burlington came next in
point Of activity, and moved nearly
parallel all day. showing very vigorous
strength. st. Paul. however, showing
slightly wider reaction just at the close
The strength of the Changers was q
material factor in the strength Of the
whole market. and was assisted by the
grain situation in the Northwest an-
the increase i'm st. Paurs gross earn
ines for the second week in May of $li'
qlg The southern and southwestern
railroads also continued their show OF
increased earnings in the second week
atoments-Alissouri Kansas, and Texas
with an increase of SO 49,, and kansas
City. Pittsburg, and Gulf with one OF
so e9j.
London was a small buyer of stocks
but was also seller. and how far the
one Offset the other cannot be accurate
ly stated.
Tobacco moved up 3-S at the close
under manipulation. St. Louis and saf
Froncisco LIST preferred advanced 3-3
and Norfolk and Western preferred. Il
Union Pacific and Western Union gainec
a point each. and Leather preferred ross
ii Fractional net gains were MADE
throughout the entire list.
The market closed strong. and gene
rally AT the best prices. The total sai'
of stocks for the day amounted to ~ -
shares. including American Sugar Re
fuery. 100; Burlington and quincy. ~,
loo. Chicago Gas, 1900; st. Paul, HOW
Western Union Telegraph, GOO; New
Jersey Central, 1890.
,rbe bond market ruled fairly active
with generally higher prices current
some few exceptions were noted on
| tbese were centered in the low-grade
inactive lines. The aggregate sales "eT'
Fl 2Oi 600 Governments were easier OF
he first cali for the new As. but late
hardened slightly. The transactions az
| gregated Sli3,oO)
MONEY AND EXCHANGE.
Nancy ON call easy at l-4nl IL pc
lost loan IL; closing offered a
t1-tGt ID per cent; prime mercantil
paper. 1-2Ni per cent ..
Sterling exchange easy. with aciua
business in bankers bills az $LN Il 10 10
Sur,d and AT sLS6aSiSj Ii for sixt
ie,,'. ,oeted rates. $iS7dSLSs ii; com
u"yT bills. sLS5 l-4asiS5 -
SILVER certificates, 6l4jl II; bar silvel
=, 10. Mexican dollars A S-S.
Government bonds STEADY state poho
dull Railroad bonds firm.
NKw YORK STOCK QUOTATIONS..
-'h' Closing stock