Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-01-31
STOCKS CLOSE FIRM.
THIS, HOWEVER. AFTER CONsID-
ERABLE IRREGULARTTY.
MONEY SUPPLY STILL LARGE.
Gold to Amount of s575, 900 Engaged
for Import-Bo1d Market Irregu-
lar-May wheat Declines ic.-Other
Grains ana Provisions Lower.


ment OF stocks to-day was extremely
varying. and after alternate strength and
depression the market left off firm, with
mixed changes, averaging about Satur-
days final quotations. The supply OF
money continued abundant. at reasonable
rates. and was unaffected by February
dividend and interest requirements. Gold
TO the amount OF $4,000 was engaged for
import. and cable advices were that three
and a half million dollars Of gold had been
purchased in London for America.
The periodical railway earning reports
that appeared were gratifying. Inc
volume of business was again over
million shares, and because OF the con-
tinued activity Of the market number
OF commission-houses now work their
employees in shifts.
London was purchaser on balance TO-
day. particularly of Northern Pacific ana
Readings, and sold Union Pacific ana
Louisville. There was considerable shIlt-
! ing of commissiOn-hOuse accounts from
one stock to another, with prep'luei
| ance Of buying orders which more IMAM
| Sugar WAS lively traded I'm, and lifted on
| eome rumored arrangement with the
| Glucose Sugar Refining Company, At the
/ same time there were denials from va
rious sources Of d prospective agreement
with local rival companies.
SHARP ADVANCES
disclosures made by the Pittsburg Gin
| cinnoti chicago and St. Louis in the mi
| noritv interest were construed as laNor-
| allie and resulted in a sharp advance
mart of which was lost on realizing. Cos
| sin had IL that Northern Pacific was III
| control OF the party Of the larger "i'i-
| dend and that the stock was recel'ils
pool support Consolidated Gas jumped
noints on assertions that a partial union
| 81 tho gas interests on Manhattan lsiano
| had been effected. Other sensational al,
! vances were those Of Tennessee Coal anu
| Iron. 10: Great Northern. preIerTeu' 49,
and Colorado Fuel and Iron o.
Realizing and renewed bear assIeaSiV ~
brought about heaviness, but strength IL
H. S,ecialttes and the Southwestern
oroun steadied the market. which re-
enmed ito inward course. The GrahgeIs
after neriods Of inactivity, rose moue
ratelv The Reading issues were also MT
\ cd Profit-taking again encoufaseu
smart raid on values. affecting numerous
declines. General recOveTes ensued III 'n'
0roI dealings. and the market closeo
firm. or-,.D
The bond market developed CONSIDERABLE
irregularity to-day, but the variations Ioi
the most part were inconsequehtlai' Iota
saIee Sc 2eS 900. United States 5s, regis
tered declined Is in the bid price aho
the IS coupon, SIS. ,o,o N,
The total sales of stocks were i'V +O ~
shares. including 1850 Atchison' ~ ~
do preferred; 80 GO Central Paclc' $40
| Chicago and Ohio; 1890 ChlcaBo, Dur
Ungton and Quincy; 2225 Louisville ah'
! NASHVILLE ex-dividend. 1880 Manhattan
552 Netropolitan: 70. 10 Reading hrst pre-
forred. "a 900 Missouri Pacific; Hs3o MIS-
souri, Kansas and Texas preferred, 800
Northern Pacific; s.615 DO, preierreu' 80,
Ontario and Western $3.50 Rock lsland
% Ao5 ". Louis and san Francisco prefer
red: 22.gG0 Union Pacific; 3s4l' st' L"ul
4.5S0 Southern Pacific, INV SouIrieI
Railway; q. $50 do, preferred, lo'V1o eA'
and Pacific; % eos Union Pacllc prefer gu
o. 100 American Cotton OIL; 1900 Fedora
Steel. n asa PEOPLES Gas; 10,308 Brooklyn
rrransit. 20 sa9 Pacific Mail; 1860 Tennes
Gee coal and Iron; 1900 United state
Rubber: 7475 Western Union; l6'2iZ ~
Louis Southwestern; 2207s do, preferred
I14635 Chicago Great Yves trh
MONEY AND EXCHANGE.
Money on call steady at 2l-YaS pc
cent last loan at 3 per cent; prime mer
cantile paper 1-2aS IA per cent:
sterling exchange firmer with actua
business in bankers bills at Siso Ia 10
demand and $4S S-4dA.s3 for sixty days
posted rates. $l.s3 1-2 and N.S5 Il; com
mercial bills S4& IN, o,
Silver certificates nomlnally' % -
6O1-2 Bar silver, 80 S-S Mexican uoiiai
AZ Is -
,,,active railroad bonds irregular.