Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-08-27
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsI-
NESS CENTRES OF THE WORLD.
prfces of Money Bonds, Stocks,
Grain. Tobacco, Cotton, Cattle.
Country Produce, &c, Foreign
and Domestic.
and Domestic.

NEW YORK, August 2s-The striking
fact about to-day's market for stocks was
the absence Of any large offerings to sell.
The sharp rise OF prices at the opening
Of the market was on very moderate
J volume Of purchases. The buying demand
fell off almost Immediately but prices re-
| coded very slightly and held firmly in
the face OF an almost stagnant demand.
/ The big buyers were practically out OF
the market. and even the small demand
| showed few stocks forthcoming. so that
| prices moved easily in either direction.
| Even with the conditions so inviting 10
manipulation the market was apparently
neglected by all interests, and many
stocks which have been active in the re-
cent trading did not move at all during
the entire day. The total Of the sales
/ 10000 shares-is the low record for
several months past.
Much more animation was manifested
in the bond market, and prices there
were strong, exercising a sustaining in
fiuence on stocks.
The quietness which has fallen upon
the stock market is due TO a somewhat
unsettled feeling as To the SAFETY and
final development of the corn crop. The
morcurial condition of the grain markets
has aroused a condition OF doubt IN the
minds OF stock-traders. and they are
waiting for more fixed conditions before
putting money on a large scale into
stocks
The strength Of individual stocks helped
TO sustain the market which was in that
Of
Missouri Pacific was strong. and sold at
the opening IA above last nights close.
The stock was in good demand ali day,
and closed with a net gain OF rs. The
Nanderbits continued in good demand,
and radiated strongly through the market.
Chesapeake and Ohio was most largely
dealt in, on reports Of its improving
finances. and led the list. with sales or
23,o 600 shares. Cleveland, Cincinnati. Chi
cago and st. Louis preferred was bid up
TO rs, as against 70. the last previous
sale During the latter part Of the day
Sugar was remarkably steady. at over
point above last nights close.
The buying at the close. which was
most prominent In the Changers, car
rled the market 10 the highest level of the
day. Rock Island leading, with a net gain
of Ii per cent London buying was
quite a prominent factor, In view Of the
small volume Of trading. The sales for
the day for London account were esti-
mated at 1900 shares. only the three
leading Changers, Chesapeake and Ohio.
and New York Central were dealt in TO
the extent of 1900 shares.
Net gains OF a sharp fraction were
general all through the list ut the close,
and extended to IL in the case Of Nor
folk and Western preferred. to In La
clede Gas. and q point in Michigan Gem
tral. Metropolitan Traction lost 2, Lake
Eric and Western point. and Manhat-
tan. Tobacco. Canadian Pacific, Colorado
Fuel. Consolidated Gas. General Electric.
Northern Pacific, and Southern preferred
a fraction each.
The total sales OF stocks for the day
were Alil0 shares. including Atchison
preferred, 1850: Chesapeake and Ohio,
% 800: Chicago. Burlington and Quincy,
10 $50: Louisville and Nashville. 1920; Mis-
souri, Pacific. $3.50; New ! ork Central,
II OBS: Rock Island. 1851; St. Paul. 1857;
Iaclede Gas, 2.720; Sugar 1910; Chicago
Great Western, 91l5.
The railroad bond market was active
for the special issues at higher prices.
Government bonds sold fraction higher.
The total sales of bonds were &.2l0.0Oo.
MONEY AND EXCHANGE.
Money on call easy AZ lNi IL per cent;
last loan at / ia per cent, and closing
offered at 1Gl la; prime mercantile
paper. 33-4di1-2 per cent.
Sterling exchange firm, with actual
business in bankers bills at S.s5 Is for
demand and $751; for sixty days;
posted rates, ti.& i-2QH.S l-2 and
s.. 1-2a&S7; commercial bills, $500
s4S2 1-2
silver certificates. 81 1-2d52. Bar silver.
5t1-2. Mexican dollars. 40 Ia.
Government bonds strong. state bonds
dull Railroad bonds firm.