Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-01-18
STOCKS CLOSE WEAK.
vOIuME OF TRADE BELOW RE-
CENT HIGH MARK.
BOND MARKET MORE ANIMATED
strength Prcdominntcs During the
Dny-A Slump I'm Whent-Corn ana
Oats Lowcr-POrk, Lard, md RIBS
Also Lose-Othcr Markets.

NEW YORK, January 1.-THE changes |
in stock quotations for the day were un-
important. The market showed strength |
NEST of the day. and repeated efforts on
the part OF the bears TO depress prices,
although assisted by sales Of some 5000
shares of stock for London account, were
of little avail. and prices worked up
ward generally until the last hour. when
previous gains of the day were practically
wiped out. The highest prices OF the
day were made about noon, those In the
standard shares amounting to handsome
gains. Although there had been such
large volume of sales for London, the IN
ternationals at this time were above last
nights close.
AT the opening the market was under
pressure, but the variations were lrac-
tional. Commission houses had many
selling orders. but after a rev minutes
| the demand more than equalled the sup
plv. Traders sold early, then bought
and I'm the final dealings reversed their
! nosition by again sellIg. Several or the
| largest houses were openly large buyers
| I'm the second hour, when prices eased
| off. In the late dealingb COMMISSION
| house business diminished The Readings
were strong, on a story that Lonaon IN
terests I'm the coal trade purposed bring-
ing about a workable business arrahge'
noent between the different coal com
'a,tos tbat would conduce to harmony In
the trade. oon
People's Gas and Tobacco were con
snicuous for strength. as were also SOM
Of the low-priced railway shares, an'
emo of the minor specialties. New
york Air-Brake to-day took Nioien
nlunee of some 1872 points, OF wnich !
recovered only 3l1. The selling was OF
n renort that the Westinghouse law
, suit had been compromised
TRADE VOLUME SMALLER
Tho volume of trade was about one
quarter below the million-share marx
= which had been so common of late. Tn
} closing was weak.
There was much favorable common
D ON the governments trade statement
5 showing an excess OF December eApoi
e over imports OF SS5,4-ov"' anu i0i -"
e year of s62l, 26l0OO. 49,,
a Tho hond market displayed more AM
?, NATION to-day. with strength predoml
r Mating Some of the usually neglecte
e shares figured quite largely in the trao
s ing and there was resumption OF actiV'
:, I'm CT Louis and Southwestern issues
# Total sales $5.725,O00. United states o.
r coupon. advanced IA in the bid price.
/ The total sales Of stocks TO-DAY WeI
Is TAG zoo shares. including 14l2O Atchisor
e 81 600 do. preferred; 400 Central Pacih,
IT q 600 Chicago, Burlington and Quincy; D
E. A5o louisville and Nashville; 1920 MAJ
.e haitian: 1860 Reading first preferred; IL
Il 143 Missouri Pacific; 1920 Northern Pac
s. fc. SOC Reading; 22OS0 Rock Island; II
= 600 Union Pacific: 22.000 st. Paul; AL
- Southern Railway; 1880 do, preferIe'
y, 7120 Union Pacific; S7,490 American IL
~ bacco; 81. $40 Bay State Gas; 46,52o Feder'
- steel; 1880 do, preferred; 1880 People
~ Gas: q. 69O Brooklyn Transit; AOlo suga
- 90 0S5 Tennessee Coal and Iron; 7.l5O On
" cago Great Western.
le MONEY AND EXCHANGE.
In Money on call steady at 2l-2a5 p
Of cent: last loan at 21-2 per cent; prin
Id mercantile paper Sq3 IL per cent
I'd Sterling exchange tirmer, with actu
IS business in bankers bills at S4.Si l-2qSi'
ne for demand and at $tS2 1-2Q$L2S-i 4
e, sixty days: posted rates, A8 IL al
en- sf&1-2: commercial bills. A.a L.
or Silver certificates, SO 1-2q6O. Bar silvt
ch R1-2. Mexican dollars. AZ 3-S.
sh Government bonds firmer. state Don
W, steady. Railroad bonds strong.