The times. [volume] (Richmond, Va.) 1890-1903, 1892-12-02
FINANCE AND COMMERCE
,uroLosTNG QUOTATIONS or
MONEY.
offerings and Sales at the Richmond To-
bacco Exchange -lntcrnal Revenue
OBSERVATION-DISCLOSURES Advices.

~r,y YORK, Dec. Money loaned at
,o~ cent. The closing and lowest rates
per cent. Exchange closed steady;
- ratos. 4S6ig0iS9; actual rates, 4s5h
for sixtv days and 4S7%,W4SS for
..r5 Governments quiet; currency 6s.
w.. 1l. extended Is, registered 100 hid;
49,. e,Yoous. lt34 bid. Pacific railroad
h,nls closed as follows. Union hrsis' lV.ti
ND. sinking Funds, l@is b'd' OentraiS'
4vr IN m the stock Exchange this morn
l'. on n limited scale. In the early
the bears attempted TO further
49, ,he Could stocks. and incidentally
.1.ts market. by circulating "A number
~ -,f.,orahle reports with regard 10 the
" &c., ~ lay Gould. The most serious
80. reports was one 10 the effect that
,.-, fnancicr had suffered from sew
h.~-orrlacS. As TO Offset these ru-
, ~ Mr.. G0uldS health. both Edwin
ID c..r-, tuld iuquirers at Mr.. GCulds
O.. .rat their father had passed a good
rf-n, and Was uucn heiler TINS morning
u1"'' ,frr this statement Of the
N"'". n.ril. however, the hears did
y'u"- bo,duay iu the first half hour
mN ., fle could properties, cspec-
J" ., Pacific and Western Union,
l'". .a..l declined sharply. The deal
u.'" .., t.re confined TO fractions.
while Northern Pacific preferred
D'" England dropped Is per ceut.
"-l rro remainder OF the list went off
tnrdor.Ilv. m sympathy. After 1890
49,. selling died ont, and, under the lead OF
t. T-r>t stocks. there was Il fractional
From IO.G0 10 noon dealings
were very limited. and at times complete
..-sam prevailed. At noon prices We're
.N.rr. fln Lowest Tgint Tho
,r amounted 90 115.2SO shares. Trading
d, t,.ts increased but little during the
afternoon. Will, prices were somewhat
,.-..lI.r. and in the main weak. fluctua-
t.n. us "a rule. however, were confined
Within "A narrow range. There was no Tea
tfe iu connection with the dealings. The
i..- II the Goulds died out entirely,
and tlcrr was evidence Of covering in
chose shares. Missouri Pacific closed only
q fraction below yesterdays price, while
Western Union closed a fraction higher.
Tho market closed Is TO rs per cent. lower.
e,..pt for the Coal shares, which closed
l. % 1@. per cent. higher. The East Ten
r.,-,e road to-day defaulted on the in
ie-est on it's extension and equipment bonds.
Tile default is said 10 be due wholly 10
bad business. Ii is expected that tue fall
ur. TO pay this interest will be followed
hy a proposal tO rcOrganiZe at the expense
~ the 6ondholders. The Georgia Central
directors. who have been discussing the
organization of the company for Two
DAYS. met at the Fifth Avenue Hotel TINS
morning. but after an hours session ad-
iourned until this evening. II is understood
that the plan proposed by the finance com
mittce provides for the issue Of debenture
bonds to pay the floating debt, and the
scaling down Of the interest charges. No
Indications Of a break In sterling could be
found i'm the Exchange market to-day, but
tn tone WAS very dun, and practically no
business was done. Bankers, who expect
10 ship the gold on Friday, tried to sell
large amounts. in order TO ship the pro-
cecds. but could find 10 market, and con
scqucntly the shipments will be limited to
The amount of bills already sold. The
houses which are to ship believe the eX-
port will be about $2.OVO.oOo. 1t Is under
stood tbot about S4.UO0.COO was desired ON
the other side. The sales Of stock to-day
amounted to 2GG,611 shares.