Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-04-29
STOCKS IRREGULAR.
TEMPER OF THE MARKET Ex-
TRErELY PROFESSIONAL.
LOSSES PREDOMINANT IN The LIST.
The Tone Mt the Close of Trading IL
Heavy-Wheat Somewhat Stronger
ana Hisher-Grain, Tobacco, and
Other Markets.

NEW YORK, April 28.-Irregularitv pre-
vaded to-day's dealings on, the Stock Ex-
ehange. and the temper OF the market
was extremely professional, resulting in
irregular net changes, with losses pre-
dominating. London traded both ways
and commission-house business was on a
heayily-restricted scale Traders were
disposed to let stock go. In anticipation
OF an unfavorable bank statement to-
morrow, and one OF the large operators
changed tactics and took the bear side.
Forecasts Of the bank statement are
usually unreliable, but bank reports for
the week seemed TO indicate a loss In
cash on all accounts OF nearly s3,50O,oo0.
Anaconda Mining fluctuated wildly,
ending with net gain OF nearly points
on the announcement OF the large cop
per combination. Silver certificates sold
az %, at one time, the highest price re-
corded in long time. The passage of
the franchise tax bill by the Legislature
was responsible for weakness in most
OF the local stocks. there being declines
OF points in Brooklyn Union Gas. 81 in
metropolitan, nearly as much in ConsoIi-
GATED Gas, and Il sharp break in Manhat-
tan, although H. left on only Is. down
lhird-Avenue,. on the contrary, rose 3
points. Another reason for weakness I'm
Manhattan was the adverse report OF the
board Of Health on it's Ninth-avenue
structure. The announcement OF set
tlement OF a litigation held Brooklyn
transit up, in spite OF the weakness IN
similar shares generally, and the stock
gained over point.
STRONG SPOTS.
Excepting Colorado Fuel and Iron, i'm
pfoyement was noted in the iron and
steel properties. Other strong spots were
Jersey Central, Iowa Central and North
ern Pacific. The general railway list was
inclined to droOp, on moderate dealings.
The market closed heavy.
To-day's bond market lacked a decisive
tone but the undertone Of the market
was healthful, and some issues We're in
Keen demand. Business expands from
day to day. To-day's transactions reach
ed si375.010.
Standard oil, 4S.aisi.
United States registered new As de-
ellned 4, and the As, coupon, y in bid
The total sales Of stocks were 45s.7oO
shares, including Atchlson. preferred,
9lOs; Central Iowa. 570; Burlington s,405;
Manhattan, 1920; Mexican Central. 1890;
Missouri Pacific, $50; North American,
92i5; Northern Pacific, $3.50; st. Paul
o'SS5; Southern Railway, preferred. SIPS;
American Steel and Wire, 2S.7S0: Federal
steel. sos; Consolidated Gas $50: Brook
lyn Rapid Transit. $3.50; Continental To-
bacco. 1880; Silver Certificates. l25.OoO;
Sugar. 1885; ST. Louis and Southwestern,
6.000
MONEY AND EXCHANGE.
Money on call firm at 4q5 per cent
last loan at Az per cent; prime mercan-
tile paper, Skmiii per cent.
Sterling exchange steady, with actual
business in bankers bills at Sl.S74d4S7ia
FOR demand and ASia for sixty days
posted rates, sis5lAnsis5 and sis7la4
SiSS; commercial bills. s4SuStsila.
Silver certificates. 6ia6ii2; bar silver,
63k; Mexican dollars, ~.
Government bonds weak. State bonds
firm. Railroad bonds Irregular.
BANK CLEARINGS.
NEW YORK, April 2s.-The bank clear
ings in the United States for the week
ending April 2sth were Sl.sl5.652, 566; per
cent increase, 65.7. Exclusive OF New
York, 1913, 453.9lS; per cent. increase, 3l.4