The times. [volume] (Richmond, Va.) 1890-1903, 1899-08-08
MARKET STILL
PROFESSIONAL
Gains and Losses Were About Evenly
Distributed.
SPECTATORS MOSTLY WAITING
And There was No Severe Pressure FOR
Selling ON Account Of Saturdays
Infavorablc Bank statement.
Bonds Were Dull.
SPECTATORS MOSTLY WAITING

NEW YORK. Aug. 7-To-day's. stock
moffe 90 was largely proic sl9nai, enu
seemed 60 move BOB response to me cioSihg
Nut OK speculative accounts f"tHtI tU.'N
2rom auy new ventures. A group "t tpe-
Ciultios which we're lifted last week rc-
acted sharply ou profit taking, While
those that l1l been raldfu nf INC N.tIH
last week tended towards recovery. Ino
tobacco stocks and Ieune ee were ihe
most acute sufferers ou realizing Icn-
Icssoo Coal dropped nu extreme "a. TIE
Continental Tobacco STOCKS hNN sctnfl
fios OF companies directly or Indirectly
fu Tho steel trade were also aIccied
There was a continued upward move
mcnf in Kansas ifty. litis burg ana 6uf
tho Cxtromc advance reaching 4lf. lhis
stock hccam feNcrish in The late trad
inr ana closed with O net gain of la,
Ilo announcement OF fne purchase of re-
CoivCrs' certificates hT tlD reorganization
company may have had something Goo 30
with tho strength. support was mani.
lost m tho Wisconsin Central Issues and
the itptsburr g.. q. and ST. Louis st0c ks
closed to points higher. respectively.
on tho day. There was "a strong upward
movement in Northern Pacific the cN-
bear covering in Union Pacific. result
ing in au advance or point ln ihal
stock. The Smelling stocks were very
firm. and in the latc dcalIno NeW olrk
Central was lifted s 0n tho good showing
OF July earnings. while icnutF wanna
moved n point in tho opposite direction
The attitude Of spocuiators was Joy lle
most part % waiting one. ana thoic was
no severe pressure to sell n'tWIihfl gan. i'lk
the low state or reserves shown n4 "Nt-
urday's bank statement.
Money continued Iu supply 90 per
cent The bank holiday iR London Teri mo-
means ~ cauginc the money mtih'l
~ 10 German Im1c,@.l Bank rates ~
discount reflected the process or craving
in OF credits Co. Tho London centre HI-
did not prevent fan of an a9iaiJlonal
fraction in the rotcs Tor sterling cA-
change in New York
There was no signs ~ acute apprchen-
sion over The money OUTLOOK I'D lh' -l"'H
market. but attention is keeniN cenleIeh
on the money resources or OUTSIDE CO.
mesfic centres. with view 90 estimating
the demands which viii he made on NcW
York for moving ihc crops.
Kansas city. Fiushurg and CUR nrsts
rose ( per cent on heavy purchases, ana
reacted pcr cent Otherwise the hQnd
market was dull and heavy. Total sales.
par value % 40 coo. United states now
Is advanced 2 per cent iu the b.d price
The total sales Of stocks were 90 on"
shares. including Atchison preferred, l6-
$50. ChiCaso. Burlington and Quincy, IA
62S; Rock Island. $3.50. kansas CITY
Tittsburg and Gulf 1850. Manhattan.
$50; Missouri Pacific. go Northcgrn
TaCinc. 1GU1O. pcnnsy lvania, 6eloi 50
Paul. 10GO. Union Pacific preferred
GO5O. Wisconsin Central 300. American
steel and Wire GJ0. American Tobacco
'lvn Rapid Transit 21. 600. colorado Fuel
and Iron. 1000. Continental Tobacco. H.
95I: Peoples Gas, 1850. Sugar, 2Ol-o.
MONEY. AND EXCHANGE.-Money on
call. 8lk0f per cent. last loan at @4
per cent. prime mercantile paper, 4Httt
Der cent. Sterling exchange heavy with
actual business iu bankers bills ar &fh5s
6t4Ssj for demand and S4S34U4 S2is for
sixty DAYS posted rates. 4s3lsHiNl and
81 STAT S7lL. commercial bills. {t.su@l
& eOtk. Silver certificates. CD a1l, bar
silver GOQM. Mexican dollars 49, Gov
comment bonds firm: state bonds mac