Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-04-22
STOCKS ARE SOLD.
u,r STREET CONSERVATIVES
CONVINCED THAT WAR Is AT HAND
THE MARKET ACTIVE And WEAK
=. c1o..s nj the Lowcst-hnnhs w
a.. rountrv welt Fortified
Cor IN, Event Of HOstiiiticS-fr"-
visions Up.

NEW YORK. April 2l.-To-days events
annarently convinced the co"7''
element in the Stock Exchange "'"'
&c % he fact. and demonstrated ''''''
tho uouidation incident TO war hao ny ''0
,,oars baon completed. Early in the u"S
~, york held above the London paI'''
"a ,bora were occasional ralhes' CIV"
after the receipts of the news lna' "1'''
rai Uoodford had beer given MS pas
nor,s. but reports from the O''''''
oo,,,g at Washington, indicating pre-
,ara,,ons for an animated forward move
-. of tho forces of the United States
showing that war already lid''IS"''A- %
,s,ed caused selling. The brokers MAJ
,oe,ed considerable enthusiasm anu '''0
roetrim was handsomely Grape" WIN
American flags. but they continued /"
.ou stocts There was no rally IN the
o,oi dealings the market continuing ac-
five and weak. and closing at the lo"'S,'
During the early part Of the d"y sen
ing for foreign accoun. was large anu
an.rinqs were well absorbed. Can Loa--
continued to be made ON the local s'o'h
ovcha,ge AZ as low q rate as > per CEN
Tho foreign demand for cotton anu
breakstufrs continues very Keen, ana ~
making exchange all the time. ms
,nond is based on cNpectaUoR 'l'' up
mics may be cut off If war bieah9 Jul
ranks WELL FORTIFIED.
rpa hanks all over the country are wen
,or-ieed and even in the event th"l o.
80 government loan is u be Hu"leu'
:. = ro,nted out that little OF the mon'S
v,iu he expended abroad. but VIII ~ ',
erd its yay quickly back INTO inc 'i'"''
noIs Of the home market .,..,.o
ny. md market showed some increase
ir activity. and losses were recol uCU a.,
around. Total sales, I.2-3Vo' ih.'
c..tcs re,y as. registered, advanced 10
u,bre the coupons of the same, lS9uE
lived "a i'm the bid price. 1neIe W,
eaies Of the coupon at us Il "Il0H - a.
sd,arce of j. over the last pIeo0"'''e
10 but the advance was lost !"
,eouent sales \ block OF I0t9 oa ''u
reeistered bonds Was SOLD at ll' - as
advance of 81 over the last pio'''''''7
sale. .-.,... today were
$1,000 ebares. including Chicago, Bul hhs-
20, and Quincy. 323Sl; Louisville anu anu
Nashville. l2,2l5; Manhattan ~ y,ri,
H,etropolitan Traction, S.42o; New YORK .Il'
~entral 6.355: Rock Island, S1l'' uI a,,
pociac preferred. $500; American To-
bacco. 40 $50; Sugar, 4-.so'
MONEY AND EXCHANGE
Money on call steady at 2a1l-2 per
cont. last loan at . per cent prime i''i
cantjie paper. 51-2a6 per cent. .,.,
sterling exchange firm WIN O., 5l,,
,,,s,rees in bankers bills at $i.o' l--''
.tSaa-4 for demand and si79 IA Tor sixty
DAYS: posted rates, $40 Ia go -, w., anu
.s'Si@s4Si1-9; commercial bills A,1
silver certificates. 50 3-4a6l IL. Ear s"-
- Mexican dollars. 45l-4
Government bonds weak H'''e ''-'.''
DUH: railroad bonds weak
STOCKS IN LONDON
The Evening Posts London imahc IA.
,ableoram SAYS: After a temporary IalE
80, cbange in the Bank Of England DIS
D',,,t rate. the stock markets here closed
AIN today Spanish As closed al the
,a,,,ost-21 rs. Americans were nat puV
- the New York parity. 1t IS notice
80 NAT New York is no longer absorb
sao, clocks freely Gold is sim arriving
sreD, germany. and it is expected lhat at
iaost 81 900 more is to come.