Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-09-25
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsI-
NESS CENTRES OF THE WORLD.
Prices or Money, Bonds, Stocks,
Grain, Tobacco, Cotton, Cattle,
Country Produce, &C., Foreign
and Domestic.

NEW YORK. September 2L-The re-
dictionary spirit resumed full sway to-
day in the stock market, after a brief
period of rest during the morning, due
TO sympathy with Sugar which adj
vanced at one time two points over last
nights close. Sugars strength was due
TO the belief that the Treasury Depart
ment would decide that Holland was
in effect paying an export bounty on
sugar, and that a countervailing duty
would therefore. apply 70 Dutch re-
fined sugars The rise in Sugar and
some strength manifested by Manhat-
tan served to raise the general level of
prices to a fractional extent, but proved
inadequate to sustain them. and the fall
for the remainder Of the day was con-
tinuous, though more rapid some times
than at others.
There was nothing in the news Of the
day To accoun. for the decline. all the
reports Of railroad earnings continuing
TO show large increases, and advices of
growth of business activity being uni
formly encouraging from all points. The
outside public, however, had apparently
ceased to buy, and the large bull opera
tors were no longer willing to accept
the heavy offerings Of stocks made to
them. Proft-taking was the order Of
the day.
The market was dull, compared with
the recent tone, but the decline was UNI
checked The bear interest was well
defined. and was constant i'm activity
during the day.
The situation OF the money market
continued TO attract interest. The fea
lures We're the firmness of call money
on the basis Of 3 per cent, and con-
siderable activity in the time-money
market. The exchange market also
hardened actual rates advancing about
one-half. i'm response to the gold ship
ments now on the way to this country.
Remttances to the interior have con-
tinued on a large scale. and to-morrow's
bank statement H. expected TO show
a large additional decrease In the surplus
reserve. The banks and the Sub-Treasury
have been able to meet all demands thus
far. for currency, but the demand upon
them is large, and promises 70 increase.
The Treasury at Washington found itself
unable to accede 10 the request OF a
local banking firm. which had received a
consignment Of gold at San Francisco to
it's credit to be allowed to withdraw
legal-tendors from the Sub-Treasury in
New York upon the deposit Of the gold
in San Francisco.
The stocks Of the soft-coal roads. which
have failed 10 share I'm the late improve
ment. owing % the miners strike. show
ed some activity to-day, and were COM
paratively steady.
The net. losses run all the way from
fraction 10 points, the latter in Consoli-
dated Gas. but in the large majority OF
active shares ii is between l and points.
The total sales of stocks to-day were
521. POO shares, including Atchison pre-
ferred. 1880; Chesapeake and Ohio, 500;
Chicago Burlington and Quincy. 32,2l9;
Hooking Valley. 67lO; Louisville and
Nashville 15,l2O, Manhattan. 1l,690; MIS-
souri, Pacific. 1870; Northern Pacific,
S275: do. preferred, 1920; Reading, 1890;
Rock Island. 22.55O; St. Paul. $40; St.
paul and Omaha, 500; Union Pacific,
Al .O20: II. p. ID. and c., $50; Bay State
Gas. q 1870, Chicago Gas. 9lO0 CONSOLE
dated Gas. 200; Sugar, 70.47O; Tennessee
Coal and Iron. $3.50; Western Union, II, 1858,
Chicago Great Western. 1885.
Bonds were weak, in sympathy with
stocks. on a greatly diminished volume
II transactions. Total sales $l,7OO0OO.
United States As, registered, were l-S per
cent. higher. bid. and the SIS ii higher.