Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-01-05
QUOTATIONS.
Prices Of Money. bonds. Stocks.
Grain, Tobacco, Cotton. Cattle,
Country Produce. &c. Fereig.
and Domestic.

NEW YORK, January 4.-Prices Of
and there was nothing to indicate tina
the decline was due to any other causc
than the preponderance OF those who de
sire to sell over those who desire 10 buy
There was some short selling by the pro-
fessional bears, but no marked recupera-
covering OF shorts. was manifest, and the
brokers. II they sold, were apparently
content to leave their contracts open. The
Specialties continued to absorb the
largest share OF attention. but the MIR
ket showed a broader tendency, and the
liquidation extended more generally
through the list.
Metropolitan Street Railroad was fever
ish and erratic throughout, moving over
a range Of 21-2 points, and closing with
a gain of fraction. The stock at one
time shared in the weakness Of the gene
raj list, and fell l IA points. Manhattan
was under pressure all day, after mo-
mentary gain at the opening, and fell TO
the lowest-110-only little before the
vious tear pressure against this stock.
Net losses of large fractions are general
throughout the list and in a number or
PROMINENT Specialties and railroad stocks,
notably among southern and southwest
ern reads and the Ccalers show net loss
es of point or over
Yesterdays furry In the money market,
which carried rates up to per cent, was
not repeated to-day, but rates were urn,
and the largest number of the days
transactions were made at per cent,
with exceptions at 31-2 per cent The
clearinghouse statement discloses that
the January interest disbursements re-
suited i'm the transfer OF a little over w.
Oc0 900 from the Treasury to the New
York money market, as indicated by the
b-Treasurys debit balance. The days
exchanges at the clearinghouse ran up
to the enormous total of $3.50 7Sl. 26S. and
the balances footed up over $l65OO,OOO. To-
morrow IS Union Pacific payment day.
There are no such confident predictions
heard of an immediate easing or the
rates for money as were heard last week,
though the exchange market holds firm
on a demand which Is based on a pre-
SUMPTION of lower rates for money in the
near future.
The demand for bonds was not heavy
to-day, but prices were wei nelu. iotHi
sales. 81, $50 900. United States old rs,
registered were Ia lower bid to-day, and
the SIS were is higher.
The total sales of stock to-day were
204. 700 shares, including Atchson pre-
ferred, 1855: Chicago, Burlington and
Quincy, 1874: Louisville and Nashville,
$50: Manhattan. rs 4s3; Metropolitan
Traction, $3.50; Missouri Pacific, lad;
Northern Pacific preferred, $3.50; Ro;k
Island. $3.50: st. Paul. A,l77; American
Tobacco, 1850; Bay State Gas. $3.50; Chi
cago Great Western. APO; Peoples Gas,
y, go; Sugar, 19SS3; Western Union, 1885,
MONEY AND EXCHANGE.
Money on call firm at Sizn4 per cent.
last loan at 3a; closing offered at 3lsn4
Prime mercantile paper, Si2Mi per cent.
Sterling exchange firm. with actual bust
ness in bankers bills at A.& rs for de-
mand and 1872 3-s0$lS2la for sixty days;
posted rates, $4S3 and s4&aStS6; COM
bills, siHi2.
Silver certificates. Sc 3-i057; bar silver,
6 IA: Mexican dollars. as.
Government bonds strong. State bonds
lull. Railroad bonds firm.