Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-03-22
STOCKS ERRATIC.
PARTICULARLY As TO LEADERS,
SUGAR AND BROOKLYN TRANSIT.
TOBACCO WILDLY FLUCTUATlKG.
American and Continental stocks,
However. Both Close With some
Improyemenf--Whe stronger ana
Uichcr-Ofher Markets.

! NEW YORK, Aiarcn H.-The profess
slonal character OF the trading to-day was
| shown by the fact that Of the $1,000
shares traded in nearly half were In the
| two stocks which moved erratically-Su-
gar and Brooklyn Transit. Immediately
after the opening the leading lndusirials
were pressed for SALE sympathetically
with the sudden declines in Sugar and
| Brooklyn Transit. An idea Of the violence
Of the movement i'm the Specialties is con-
veyod by the fact that Sugar dropped II
points from the highest I'm the morning,
and Brooklyn Transit 49,. Subsequently
they each recovered points from the
lowest. leaving Sugar points lower on
the day and Brooklyn Transit 81.
In the early hours Brooklyn Transit
seemed TO be realizing ON the company s.
support Of Brooklyn absorption Of the
Brooklyn Elevated The rally seemed 10
be due TO buying on advance Information
that the Brighton Beach railway had
been bought i'm the interest OF the Transit
Company The prospect that the Third
avenue line might have TO give up lis
Amsterdam-avenue privileges resulted IN
q break Of 1874 i'm Third Avenue when
dipped 90 200
The general market showed moderate
sympathetic movements with the leaders
developed weakness when call-money
ras reached per cent. and then rallied
when money worked easier 10 per cent.
The bulk Of the business was transacted
around per cent. for call money ana
time money was up i2U4 per cent. Tor Iour
to SIX months on railway collateral. WIN
industrial collateral accepted at hsher
rates.
London was a seller to-day Of moderate
amounts of the Union racihcs ana -.
Paul. which latter stock, however, show
Cd fractional advances.
TOBACCO WILD.
American and Continental Tobacco. ar
ter wild fluctuations. closed with some
The Pacincs. except Northern Pacific,
preferred. were up fracuonaily, VIM"
Central Pacific and Southern Paclhc
gained over a point each The Granger
made but slight changes either way, ana
the market closed settled.
Standard Oil closed mt l6uI9
The bond market lacked decisive tone
and gave alternate appearances or weak
ness and strength. with the upward ten
dncy i'm vogue at the end. nlted states
5s advanced ia. and the new A.. coupon
is. in the bid price. The old u.s. coupon
declined Is. o,o,.,
shares including 1000 Atchison. pre-
ferrcd: 1885 Central Pacific; lt.H3 Ont
caqo. burlington and quincy; 1915 New
Jersey Central: $3.50 New York Central;
l5170 Union Pacific: 1858 do. preferred
II as ST. Paul; 2i9ij Southern Pacific. %
ass American steel and Wire; l9.-p
Anorican Tobacco: $3.50 Federal steel;
iSGoO Peoples Gas; 1858 BROOKLYN Rapid
Transit: 1860 Sugar; 1856 Tennessee
Coal and Iron: 1850 81. Louis and South
western. preferred.
MONEY AND EXCHANGE.
Money on call easier at 3I6 per cent;
last loan at @; prime mercantile paper
3 la -.
Sterling exchange steady. with actual
business in bankers bills at slN3 l-iH
SLSj - for demand and fiS.H$lS ~ Tor
eiNtt DAYS: posted rates. SASf03lsf - and
siSiu$isG1-2: commercial blils. $50 -
silver certificates. norniamly. 5000 ~;
bar silver. 80 SIS. Mexican dollars. a &c.
Government bonds Irregular state
bonds weak. railroad bonds irregular.