Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-12-16
MARKET QUOTATIONS.
roRrs FROM All GREAT BUsI-
.,ss CENTRES or THE WORLD.
,.s, of Money, Bonds. stocks,
Grain, Tobacco, Cotton, Cattle,
oouutry Produce, Co., FereiE.
.Oa Domestic.
md Domestic

snd bSh
,rw YORK. December 15.-To-day's
10, was largely professional, and in
-. contest between the bulls and the
-. tbc former enlisted themselves un-
= ,bc banner Of the Coalers, and later
"a. local traction stocks their main
.,r,e The fortunes OF battle seemed
~ .,,rt several times during the day, and
,ss middle OF the afternoon the bulls
mod 10 have gained an advantage, the
.rc~ marked losses in some special
...,s having been almost entirely wiped
~, and the bears apparently driven 10
cover.
..-. number OF loans were suddenly
80 and in replacing them the call
- rate stiffened sharply TO 4 per cent,
mich rate large amount Of money
o.. r5r,d. This induced liquidation, es-
...r, IN stocks which yielded a prog
she DAYS advance. The bears. thus
W -. renewed their attack on the
....,..es which had ongrossed their at
..rr sU day. and uncovered stop-loss
&C.,. o, the way down AS conse-
49,. the tide OF battle was turned
N.-.s-s,y. and victory lay with the
te1rs. A., q, o,,oro-
- r,,kinE to the payment tomorrow
49,. .-stalment OF about SS.500,OO on the
&. pacific sale. The previoes pay
... IN this account. amounting TO over
me. have been left on deposit in
work. banks but tO-morrow's pay
,,w go directly into the Treasury,
"a. withdrawn from the money mar
TWO additional payments of an equal
INIT r,smain 10 be paid-one December
,.t .-1 one on January Island these
-, d, directly into the Treasury Inc
....-,sn, bv the government on Decem~
.,.b of the maturing Pacific bonds
g., mounts to over $29.0O0.0OQ, will be
ID. checks. presumably on the New
81 sepoeits 20 the governments credit
4s,, movement OF currency continues
80. Nsw York this week, indicating
.- trrrber dels;ne in the New YORK
cash reserve. mos
~,,, tone Of sterling exchange was
.-.,r.,t easier to-day. but did not re-
'-.,,5 Il, n marked degree TO the harden
,-- ~ The money market. Time money
.'- 80, shorter periods also sti1ened
spprociaoly.
RISE OF THE CoALERs.
--,. earlv strength in to-day's STOCK
~. as aided by the rise IN the
, - Coalers. due TO reports OF an
l..-1---a,, ~ restrict the output next
rbe Northern Pacific stocks Were
.ls, centres of strength, the preleIi '.
',...-iry at one time 5-S and the COM
..-- rsorlv a point. Reports from Lon
+,r er5 the European bourses suoWeu /"
. 5anand there for these STOCKS
,..Lison preferred was also up over a
one time The rise above par Oh
prr,irgton was a further feature.
,-n. resumption Of the quarterly ulVi-
- - ia on Cleveland, ClnclhhlU'
- ord st Louis preferred, alter
,.- emission for two quarterly peIlous,
- feature of the day. as was the
80 cent dividend in Southern preterreu'
s....sr was traded in. ex-dividend' ana a'
80 time during the day showed re
,.verv Of one-third Of the diVloenu' Du1
h, the later dealings it succumpeu gun
silly and lost over points on Tue 80
Norfolk and Western preIeIIeu' 49,
vas al one time nearly d POii'S
shows a net gain or %. ....,,,. Ices
Tte hond market was somewhat less
..,t.s than of late, and the active Is'
. oDIv about steady. Some OF the
~ -.-iced issues showed sharp aa-
rs Missouri Pacific collateral ,
,-s, 2 rer cent. Total sales, S1OOVo' 40 49,
tn ,otal sales Of stocks were 4eo'4o,'
,--i,ti,, Atchison, 1900; the preferred
=. a.1. Chicago. Burlington and Quincy .,g
-.e.., louisville and Nashville, ooiV,
Victorian. 81 $50; Metropolitan street
psTr,v q11O; Missouri Pacific, S'lZo' Ne"
-, central. l2,02S; Northern Pacinc'
49,. 40 preferred, 1890; Reading
80. poct island. 1880; st. Paul, SS,Slo'
southern Railway, preferred, 9'i9o; ShI-
900 Great western, $3.50; People, uas'
,siE, sugar. ex-divldend, 1850; western
Union. 6.i22.
MONEY AND EXCHANGE.
Money on call frmer at 2q4 per cent, ,
IS. loan az per cent; closing offered
=, qqe1-2 per cent; prime mercantile pa
per- 51f per cent. ,., actual
sterling exchange easy, with ac' .a
trs.-sss in bankers bills at $3.50 Ia ior
S---rd and sAs2 S-SaS4S2 SIS for sixty
5svs. posted rates. $i.S l-2aE4.a ana
SUt.sGN. 81; commercial bills A;S- II T.,
silver certificates, 81 1-2a5S Is; par SIT
~ ri Mexican dollars, 40 IL
government bonds easy. state Donu'
6rr railroad bonds strong.
NEW YORK STOCK QUOTATIONS.