Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-01-18
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsr-
NESS CENTRES OF THE WORLD.
Prfces OF Money, Bonds, Stocks,
Grain, Tobacco, Cotton, Cattle,
Country Produce, &C., Foreign
and Domestic.
and Domestic.

NEW YORK. January 17.-Standard
shares show a fractional improvement
on the day. except in the case of some
shares I'm which special influences were
operating. The dealings were widely dis
tributed, and had a generally healthy
tone. Stocks sold Friday and Saturday
on the ground of possible foreign COM
plications were repurchased to-day. the
total dealings amounting to nearly half
tinental bourses were sustaining factors,
although the purchases were meagre for
foreign account, as the local market early
outstripped the foreign initiative toward
a higher level.
Sugar on enormous transactions, made
a net gain Of 3d. although in the earlier
transactions there was considerable weak
ness noted in that security. The old
subject was brought up Of what the re-
suit Of Hawaiian annexation would be.
with free imports of Hawaiian sugar and
the probability that by midsummer there
would be competition between sugar re-
fineries now being erected.
Stocks Of properties located in the Pa
ciic Northwest were generally benefited
by the belief that they would secure much
traffic. owing to the Klondike boom. ore
gon Railway. and Navigation Company
earnings from July 10th to November
Goth were said to be very large. Burling-
ton, st. Paul. Northern Pacific, and Unoin
Pacific were strong.
The non-appearance of the maximum
freight decision was a sustaining factor
I'm the days news. Brokers seemed to
give some credit to the reports of closer
relations in the management Of the Van
derbilt railways. Lake Shore, Michigan
Central, and New York Central were par
ticularly strong. showing approximate
gains Of per cent.
The fact that New York and Chicago
are lending money on the London and
Continental markets continues to be
favorable factor. the foreigners so far
having liquidated their debt for Americas
unparalleled exports only TO the extent or
returning some American securities.
The bond market showed a falling Off
in transactions. but considerable under
tone Of strength was evident, which was
reflected I'm substantial appreciation IN
many of the usually dormant issues.
Seattle. Lake Shore and Eastern first
trust receipts jumped points, to Y. on
reported competition for control of the
road. but subsequently lost one half OF
the rise. New York Central first trust
receipts were also in urgent demand ana
gained II per cent. The aggregate sales
were S8,525,O00.
Government bonds showed heaviness'
the IS and new As losing slightly
The total sales Of stocks were 4SS9Jl
shares. including Chicago, Burlington ana
Quincy 1S.475; Manhattan. 1850; Metro
politan Street Railway bliss; Hawaiian
$50; New York Central
10 100: Northern Pacific, 1925; do pre-
ferred. 2i.5Gs; Rock Island. $50; st. Paul
/. 235: Union Pacific. % $40; Chicago Great
Western. 500; Sugar, 1l6,Sil; Western
Union. 1886.
MONEY AND EXCHANGE.
Money on call easy at 202 81 per cent;
last loan at 21-2 per cent; prime mercan-
tile paper, 3Q4 per cent
Sterling exchange dull, with actual busi-
ness I'm bankers bills at A.Si l-2nAsi "a 4
for demand and si.S2 1-ifSts2 "a for sixty (.
laws: posted rates. A.S4AS IL and f
Il * f-2GstS6; commercial bills, $LS2.
silver certificates. 81 1-2N5S IA; bar Sill /
yer n -: Mexican dollars, &C.
Government bonds easier. State bonds .
1uief. Railroad bonds strong.