Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-04-22
STOCKS IRREGULAR.
DuLyEss AND HEAvINEss PREVAIL
MOST OF THE DAY.
The MARKET CLOSES STRONG.
Among speciaIties Showing Weak
ness fs Continental Tobacco-Bonds
Weak and Lower-Other Markets.

NEW YORK, April a.-Prices drifted
aimlessly, mostly lower, until the final
hour, when the strength Of Louisville
and Nashville and some covering OF shorts
left the market irregularly changed for
the day. For the greater part Of the
day the market was dull and heavy but
prices huctuated without uniformity Lit
tie attention was given TO the Samoan
situation, but unfavorable crop reports
were reflected in a moderate recession
among the Changers. which, however,
left off about unchanged. There was evil
dence of realizing, and London sold Ana
conda, Louisville and Southern preferred,
but the two last-named were well taken,
and advanced on benefits expected from
their joint operation Of Birmingham
Southern. Among the specialties show
ing weakness during the selling move
ment were Tennessee Coal and Iron,
Brooklyn Transit, Continental Tobacco,
Anaconda Mining, International Silver,
adj American Smelling.
Strength appeared in Jersey Central,
Wheeling and Lake Erie. and Mexican
Central. Colorado Fuel and Iron Jump
ed 4 points. on rumors that It was to be
absorbed by Federal Steel. but the Off
Gals Of the latter company have often
denied this. Colorado Coal and Iron was
also very strong. Third-Ayenue, Metro
politan. and New York Central were
weak.
TOTAL OF DEALINGS SMALL.
Interests usually prominent in the
market held aloof, and commission-house
business was at a low ebb. the total deal
ings for the day being less than half a
million shares. a disposition was shown
in some quarters to await positive adyices
as to the condition of winter wheat.
Moreover there IS a desire to see what
the Inoney-market developments VIII be.
Dealings were largely confined 10 the
board-room traders. The market closed
STANDARD oil. SLssizGsLsOls.
Notwithstanding the unsatisfactory
character of stock speculation, railway
bonds continued TO forge upward. with
the well-knoWn issues in good demand;
The total sales were S.6lO,Up United
states new rs. registered, and the OLD 4 ;,
coupon. advanced = in the bid price. ,,o
The total sales Il stocks were 4S3, f0O
shares. including Fps Atchison prefer
red; 1891 Chicago, burlington ana
Quincy. $500 Louisville and Nashville
$3.50 Manhattan; $40 Reading nrst pre-
feTred 2J.64 Mexican NclLtidl' oco' ~
souri, Pacific: $50 New Jersey central;
326 Rock Island; 1886 81. Paul; $3.50
Wheeling and Lake Erie; zoo American
steel and Wire. $500 Federal steel; 2O'0s4
Brooklyn Rapid Transit; $500 continental
Tobacco; 1868 Tennessee Coal ana lion.
MONEY AND EXCHANGE.
Money, on call steady at 3Gfis per cent;
last loan AZ 4per cent; prime mercantile
paper. 3izdAz per cent. III, ..,
Sterling exchange weak, with actual
t,,si,'sse In bankers' bills at AS620Aa
for demand. and aSiatQsts5 for, sixty
davs. posted rates. sis5i2dA.Ss and AS7la
GN IS; commercial bills: $Lsia2.Sl2i ,,.
Silver certificates. e0ll6Oi2c. Bar SILVER
5estc Mexican dollars. 47&c.
Government bonds frmer. state oondS
inactive. Railroad bonds iirmer.
BANK CLEARINGS.
The total bank clearings Tor IL The &c :, week
IN the United States were $3.50 ,g52 ~, per
-. increase. III: outside Of New York,
$40 KS f39. per cent. increase, SJ.7