The times. [volume] (Richmond, Va.) 1890-1903, 1900-08-10
STOCK MARKET
WITHOUT FEATURE
Number of Shares Sold Smaller Than
for Several Years.
NET CHANGES INSIGNIFICANT.
in a Few Stocks for Which There
We're Buying and Selling Orders
the Resulting Movement
Was Wide.
NET CHANGES INSIGNIFICANT
ny assnciated Press.l

NEW YORK, Aug. 9.-Quotations were
hardly more than nominal in the STOCK
market to-day. There was not d single
feature OF striking interest in the DAY
trading. and the aggregate number o.
SHARES sold fell below j hundred ihou-
sand for the first time in several years
in full trading day.
There was j disposition to dlsreSaIo
the weakness reflected from London, IN
spite OF the fact that sales for LONDON
account ran up to 5000 shares, which is
Il large total compared with the recent
average, but the declines which resulted
here were hardly more than momentafE.
The variation during the latter part Oh
The day was scarcely appreclaoie IN most
OF the stocks traded in, and the average
level of prices shows an insignificant
change on the day
1t was noticeable, however, that in an
individual stock in which a large order
was executed the resulting movement
was wide. This was true OF either a sell
ing or buying order. Chicago and North
western, Tor which Their was buying
order for several thousand shares, was
a conspicuous example, running up nearly
points. a number of lately dormant
stocks off sharply on selling orders.
Buffalo, Rochester and PittSburg rose
points on q single transaction.
Realizing in Rubber cost that stock :
points. The decision reported by the syn
.4cate which underwrote the American
bonds not to ship gold on Saturday
caused some surprise, in view of the OBJ
vious fact that the Bank Of England
based its maintenance of its existing dis
count rate on the expectation of early
receipts OF gold from the United States.
The decline in sterling exchange. which
fell back to Sass for demand, however,
took away the profit on exports.
1t transpires that part OF the coDSid-
eration for the allotment of over half
the Exchequer bonds issued to Anglo
American houses was an agreement that
the payment should be made in gold 10
the extent of so. noo. 600. and ii is said
that the Bank of England allows nine
days interest at 3 per cent on these ship
ments The bank. in addition, raised its
price for American eagles to-day full
penny an ounce to T6 shellings pence.
This action may be prompted by the re-
tllew-ed competition for gold by Paris,
which came as a surprise TO the money
market.
ment by the banks TO the Sub-Treasury
for the gold bars exported has wiped out
their earlier gains from that institution
and established d loss of $23S1. ego. The
continues largely in favor of New York,
and with speculation practically stag
nant, call money fell to-day TO / per cent.
There was nothing of Importance in the
bond market. Total sales, par value.
S705.ov0. United States new As declined
a in the bid price.
The total sales Of stocks to-day were
5000 shares.
MONEY AND E2CHANGE.-Nfone on
call easy at 1Gi14 per cent: last loan at
III per cent: prime mercantile paper, 4G5
per cent Sterling exchange easier, with
actual business in bankers bills at Sass
for demand and at S4-S4A for sixty days;
posted rates, 81. S5G4 So. and s.. 50: com
merciai bills S4.S3l26l4.St. Silver certit-
Gates, G11aG6211a; bar silver, 81: Mexican
dollars, 49, Government bonds weak;
State bonds inactive; railroad bonds