Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-02-11
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsI-
NESS CENTRES OF THE WORLD.
Prices of Money, bonds, stocks,
Grain, Tobacco, Cotton. Cattle,
Country Produce, &c, Foreign
and Domestic.
NEW YORK STOCK MARKET.


NEW YORK, February lO.-The most
interesting feature Of to-day's stock mar
ket was the manner in which it regard
ed the Spanish Minister'S resignation.
In view OF its sensitiveness i'm the re-
cent past to everything connected with
the Cuban question, its disregard Of an
incident involving so acute phase OF
feeling is noteworthy. The view taken
Of the subject in Wall street was that
the possibility Of danger in 1t had been
avoided by the firm and prompt manner
in which the incident had been treated
by the government.
Prices advanced from the opening OF
the market Higher quotations from Lon
don gave an impetus to the opening rise.
There was no general setback, from the
opening to the close OF the market. The
only thing approaching it was an oc-
casional pause in the advance, but his
was simply due to a falling off in the
buying. and not to heavy offerings. Upon
a renewal of activity, the upward move
ment began again. The advances we're
not uniform and were not simultaneous.
Considering the volume Of trading for
the day. the rise in some stocks was
notably small In those which show large
gains the advances were made at differ
ent times during the day, first one and
then another stock or group Of stocks
being taken up and pushed. The local
traction securities scored the largest ad-
vances and showed the heaviest dealings
in the list.
The strength of the market showed a
tendency to run to the Specialties, and
Tobacco General Electric, Western
Union. Susquehanna and Western pre-
ferred were conspicuous i'm the days
movement. Pullman added five points
to it's remarkable advance.
The mainstay of the market was the
renewed buying on large scale Of New
York Central, and the strength OF
Northwest. Omaha. and the other Van
derbilt stocks. The Changers as a
group were strong, Burlington leading.
Noteworthy advances were also scored
by Louisville Grand Island, and the
Hooking Valley stocks. Adams Express
was bid up % points over yesterdays
bid price. without elcting any offers.
American Express sold ID points over
the last sale and was bid up 2 points
higher.
There was further easing in money
rates to-day, and sterling exchange con-
tinued firm.
The light reaction in speculative bonds
terminated to-day. and the general
movement was again strongly upward,
on a very large business. 1t was report
ed that 81 10000 worth OF a single issue
has been taken for London account.
Total sales. S4SgO.000 United States new
fours. registered, were is lower bid.
The total sales Of stocks were $500
shares. including Atchison preferred, T.
s5O. Chicago. Burlington and quincy, 3D.
g,0 Erie first preferred, $500; Hooking
valley 1870: Louisville and Nashville,
II go: Manhattan. 1880; Metropolitan
Traction. 12l090: Michigan Central 5.l6O;
New york Central, $3.50; Northern Pa
ciac nrefe~red 1Os20: Chicago Great
western. 1910: St. Paul, 1884; Southern
railway preferred. 1910: Union Pacific,
II 45: American Tobacco. 1880; People.
Gas $50; Consolidated Gas, $3.50; Pull
man Palace, ssh; Sugar, 1880.
MONEY AND EXCHANGE
Money on call easy at lGl l-2 per cent;
last loan. ID per cent; prime mercah-
tile paper Sd4 per cent.
Sterling exchange strong with actHaI
business in bankers bills at $So "a LOT
demand and s4S3GA.S3 IA for sixty days;
nosted rates, s4.S40A.S5 II; commerciai
bills. s4S2 81.
SILVER certificates, Sc l-2p57 - Bar Sill
,.or 571-2. Mexican dollars, % IA.
Government bonds easier. state popds
dull. Railroad bonds strong