The times. [volume] (Richmond, Va.) 1890-1903, 1899-08-04
STOCK MARKET
CONTINUES DULL
Almost Entirely Professional with
Some Periods Of Strength.
BONDS WERE SYMPATHETIC,
And the Market was Dull and Irrcgu
Iar-Moncy Market Declined Late
in the Day. but the Decline was
Without Significance,

NEW YORK. Aug. 8.-To-day's stock
market wac professional almost cnufcy
ana was dull except Do one OF 40 "i"' -
Symptoms of strength were confined TO
a TOW of fhc gpcciautics notably tohac-
CO. which made up Co. largo proportion OF
the dag total transactions; ne NOV
mcnt iu fhi. stock was aililnNlt4 10 ma
pfpulatlOn directed against the shorts
whose efforts 90 cover helped the al
vance sympathetic strength was shown
by Continental Tobacco, tennessee tual
continued its remarkable show OF strength
and closed af the highest price az "A net
rafn of giL points Otherwise the iron
and steel stocks were inclined 70 depres-
sion. Wall street mad q rumof thal lncre
had been o. slump to-day IN pig IRON
frircs .Aroad. but this could not be- veri-
fnd Dispatches reporting threatened
plague of crasshoppors in western states
wcro used with circt 10 0epiess lhe
granger stocks. The trunk lines also
were heavy. The recent buying lu Lon
don of this market came TO stop owing
10 tho decision OF the London EXCHANGE
60 close from Friday until Tuesday. over
the bank holiday on Monday me ht,
made "a successful attack on bioohl@ III
Transit Peoples Gas and Rock Island,
carly I'm tho day. thus increasing lhe ten
0cncv TO reaction. The morket hau US
periods OF strength sustained hE the
movement In Tobacco, flrmuess IN sugar
strength I'm Rubber and General Electric
and few Of the railroad stocks, but
strength was not maintained ana the $50
lated railroad stocks such as ~. Lous
Southwestern and some nf the Soulheih
stocks which showed small net gains,
were so nearly Inactive as % nave ltue
effect i'm tho general list The under one
- The market was heavy tll the ci'7',
withdrawing n sudden mar KING hn "i
BROOKLYN Transit The retention 10y the
Bank of England OF ITS existing iaie %.
discount instead of an advance la7,tI
to have n very rcassuflng tIecr lilo
private rate OF discount IN Ionuoh au-
lanced a fraction above the bank rate.
Sterling exchange I'm New YORK IrsuInto
Us downward course, notWll landIls
the advance in the LONDON ptlNas ,s. I@.,
and the announcement or a shlplhe.l
from Australia 10 san Francisco or IL
DOC GT5 in gold. In Paris rentes tehuco
downward again. Ihese lhcldeHtr dlc
accented as admOniti0ns that if exchange
here falls 20 the gold importing point
london and the Continent VIII sen Sc
curitics rather than part with goio. Inc
decline iu the local money market was
afior most of the days business was
s0vcr and was without signinc1nce
Kansas city pittsburg and Gulf con-
tinue in demand to-day and gained ~
per cent not Othsrwise the Dono mar
ket was dull and irregular. total sales,
e. 7O- 00O. United States bonds UNI
changed I'm bid quotations. 10000
THE total sales Of stock We're - N'
shares. Including Atchison preferred. ~.
az. CHICAGO Quincy and BURLINGTON. 1n .
a-O. Rock Island. 1O2Sl, Manhattan. OEp;
Northern Pacific 500. Reading nrsi pre-
forred Gg00. ST. Louis SoutnWcsttln.
$50. do preferred. ITO. ST. Paul. 2 1862;
Southern Pacific 74t0. American steer
40. American Tobacco. NltO. Brook-
i'm panid Transit ~ SO: Colorado Fuel
and Iron. p 600: Continental Tobacco. o.
500. 40 preferred. CG30. Peoples Gas.
q so. sugar. 1880; Tennessee, Coal and
Iron. 1000
MONEY AND Observation-Disclosures on
can steady ar 30f per cont; last loan 3
per cent. prime mercantile paper 4"l ~
uor cent: sterling exchange. hcatN Win
actual business in bankers bills az
81 GGitGf $751; for demand and at SiS2f0
g Sc Tor sixty davs- posted rates 50 Sfff
4cffs and 81 c7tz0f IS. commercial bills.
e. eoi. silver certificates GOi.UG1; bar
silver COZ. Mexican dollars. rs. govern
rnont bonds. steady. States bonds. mac
lluc. Hnnrnnl bonds. firm.