The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-08-14
.PR|C[S8C'.|A||..R:||R.I|.E.D|:|
[0RLGAERn |.
Moderate butS Persistent Absorp-
s tioi1 Of Stocks During tile
Day Caused Advance
IsTlFFN Ess OF Gall !; \ i. MONEY \ o e
Judicial Decision Against Brook
SAlyn Transit al, Unsettling
l!ssIB InfluenceRin Early D ealing

\ q s. : Z
nv 4 ,aoc,a ,,lI,,. 4. press. ! !


NEW &c Rfs. August 13. - oderhte
but persistent absorption OF y. y to.
days market Ind the ultimate e ncct5 q
lifting prices 10 Il higher average "a ev 70
THE movement was hating and IRE u lpa
In the early part Of the day, and haa y
contend With some apccua I've s conslae :,
atoms which were g M, un g
tenor In tho current opinion. n
Y,rhe bulk or tho days X business was
ginra Il y congosted III q N few spe clllatiYe
4fayort es, but those Of this class IVY men
have been most cftc I've II tb eli sy1
thcfic influence on the gen erai MARKS y y!
we're again brought II, to &c VIII
" tha result thatiStho# general price 3 move
mar IN ND Into accord Will them. u St.
paul. Union Pacific and Sout hern2 Pacific
have demonstrated their ca pacity y many
tines rcccntlys'to carry. the list with
them. trhe buying to- day vi lcll4 prov q
iimnpre ssiyeS wig q calculated to convey he
or .nccumulatio n BY we'll .$ir1- a
formed $inaiders us to comm b develop 4
n,er,ts regarding those 81 ock 81
An q linsctting Influence lin the early
dealings was the break VS. Y! IN ri = rooklyn
Transit which was caused by the the judi y
Hcial decision against he company g rig 81 e
q Ia collect double fare to Goney Island !. sSgs
n Tho stiffness OF the cali money market
4 proved ~ restraint on tho early spccula-l
v iot, n q nd this was not relieved Mt once
Blythe news that the bulk Of the 81, 600,-3
900 Of gold arrivals Iii London had been
occurred for n cw. York Tho effect OF the
$etlgri cement h on tho Il London market was
81 30 pronounced az to give warning OF.
possibla unfavorable eff ects from It's ex-j
tension which might be reflected again,
I In the New york marke &. Tho price. Of
gold was bid up q penny an ounce in
4 London In order to sc cure the gold and
n money. + I'd discounts 8immedatcl * rose. #
VI i5 some OF tie low interest bearing bonds,
were offered down app arently n sym. 4
pathy Will the lower pr co leyel q which
the New York Central S zen ora 5S ilt-2 L.
have settled with & the d luton OF the
underwriting syndl lea te The SO neral tone
was irregnla ar. N
n The total sales Of bonds n par value
amounted to 81, 9. 900.
y United States bonds w ere all Unchanged
on cal M J.
N The total sales 81 stocks amounted to-
$50, 900 share ;s8si 5.s
" FOR X, sssfA ugus s. - ioneys on
call, stead IA q cen 4; ruling.
rata, 3 ss-4 last loan. 8 4 n S. closing bid.
\ B; offered Mt s1-2; h time losnHi Il dull and
steady sixty days. y IL q 8: per cent
ninety days, 3-i @ S; 81 six months, s l24
y Gl5i Asa ;sS prime MERCANTILE paper bs1s29D6
per- cent. /: sterling e1change Q. weak, Il with
actual business inS bank ers' bills at tA8i7ol
Z Gp34s475, fors demand, III and IA al 4.Sl90PS
$t4.sla5 for six ty- day bills; pos ted rates.
4 1888 and 1886 commercial bills. s4.Sl1-2:s
s bar silver. 65a1 e Mexican dollars, 30 Ia.