The times. [volume] (Richmond, Va.) 1890-1903, 1893-02-21
FINANCE AND COMMERCE
,ur CLOSING QUOTATIONS or
MONEY.
oo.rIncs and Sales at the Richmond To-
bscco Eschange-internai Revenue
Coliecticns--Eorcign Advices.

~l.v YORK. Feb. 2o.-Money on call
-. been close. ranging rom pa 20 Z
,,,r cent. last loan 81 - per cent and
losing offered at ~ per cent: prime
mercantile paper. 5M6is per cent. Stcr-
ling exchange IS quiet and easier; posted
,stcs 4>50lS1: commercial bills. 4SJt5lp
az Government bonds dull and easier.
southern state bonds entirely neglected
rauroad bonds active and steady, but
MIN Reading issues specially weak
Nan street VAS treated again to-day
,,. continuation OF the enormous lioui-
,,ton In Reading. and the transactions
4, fhat stock were even greater than on
,ro preceding two days OF the break
,cfv closely approXimating q million
s,.ros in one stock alone The further
concession in its prices were on n parity
vith the amount Of business done. SIS
non cont making the extreme decline
AMI 40 tho close it was only per cent
hotttr. showing not loss Of s. pcr cent
f- me day. There was an active bust
rs n tho general list. which would
.. amy time have made a large day
l.' tho interest in the Reading episode
.mpIctcly cclipscd that I'm anything else
- carly became whispered that re-
.,.v.rship must follow. and n decline Of
nearly per cent. was established. but
rs,ssurins dispatches from Philadelphia
g'IT.H.I q NNAti Xix OF tNOIkN ana a INllV
90 over per cent. was brought about
rre official announcement OF the fact
fnov Cd however ana q drop Of per
can't 90 the lowest price OF the day was
Die immediate result The excitement
attending the enormous transactions
vrs great. indeed but was not so pro-
....rcel as the immense figures would
SOON IL indicate. Wall street is as IL
-.ro. spectator OF the contest. and
samiuCly has nothing TO lose whichever
Marty becomes the victor. and three
lavs Of extreme depression IN Reading
a-d rs allied stocks followed. 4 period
- depression among the Industrials has
fa.iei 10 cause single failure on the
street. The feeling IL cannot be denied
was rather panicky. not only IN Read
'rr hut also I'm New England and North
e-- Pacific preferred at the opening
Sow. England. on comparatively small
rtrsacuons. dropped even moro rapidly
-t.n Reading. Is per cent. marking its
extreme loss. When IL reached 81
however. 81 met with good support and
r..avcr,d nearly the entire loss, closing
q. rs highest price for tho day. with a
-.t rreline OF only y per cent. Northern
rle'sc preferred was sold heavily early
Or nn dav on the developments OF
Quarrel between the stockholders COM
--.tteo and the management. An open
f"r |N.fl1le OF 0H2llN f lfffI cent. WIS lDi-
lowed by further recession 20 43. and
although tho pressure 20 sell was per-
c-nthly abated. the stock rallied feebly.
rear hinc 444 az the close. which showed
loss - Al. per cent. FOR the day. The
re.eivorship for Reading was interpreted
e. marking the final end OF the coal
combine. and the other coal stocks. es-
rs-iaNy Lackawanna and Jersey Central.
-,ti-ei sharply. losing about I per cent
lew other movements OF importance
were seen in tho railroad list. but Man
haitian was weak again. and was driven
Gown 10 10. but il rallied per cent.
ana al $50 showed net loss OF pa per
cent s. Paul was especially weak,
and after a substantial rally showed a
loss Of ] per cent. The 1ndUstrials. with
fse exception OF Sugar. were not especial
o. prominent in the dealings. but consid-
cradle strength was shown in COrdage,
which rose Is per cent. for the day
CHICAGO Gas retired IL per cent Sugar
was sold heavily in the early dealings
and dropped away from 1913 10 120i2
lGt inside support was forthcoming.
and u rallied 10 125ts. being the strong
feature Of the late trading. IL was I'M
able To hold the entire rally. however.
and AT 1915 was up "a per cent. for the
day. Sales-Listed stocks. 1l31. 446
shares: unlisted stocks 140SOO shares.
Sub-Treasury Baiances-COin, ST. SOL
90. currency, s.. 44UOOO.