The times. [volume] (Richmond, Va.) 1890-1903, 1893-12-28
FINANCEANDCOMMERCE
me CLOSING QUOTA TIONs OF
MONEY.
Offerings and sales att Richmond To-
bacco Eschange--internai Revenue
Coliections-Foreign Adylces.

NEW YORK, Dec. 27.-Before the OPEN
ing Of business at the Stock Exchange
It was generally believed that the New
England would be placed In the hands OF
a receiver. but Notwithstanding this.
the market outside OF New England and
a few other issues, held reasonably Well'
The frmness of the general list was que
in a great measure 20 the way Logan
accepted the Atchison receivership. Prices
for American securities received before
the opening Of business showed moderate
advances all along the line. The only
stocks on the list that did not sympathize
were New England. Louisville and Nash
vile. and GGceral Electric New England
broke 3it 20 y, and rallied 10 l'fsG l31s'
net loss of per cent for the day.
The heavy loads OF the stock were thrown
overheard and Boston. Philadelphia ana
local holders were eager sellers. General
Electric however, scored the greatest de-
cline, falling from 3l4s 10 81 a, WIN a SUD
sequent rally to 81. All the ola SloIleS
and unfavorable stories about the prop
erty were revived. Boston was Tree
seller, and there were rumors from that
city about startling developments IN
short time Nothing definite could be
obtained about the matter. Louisville
and Nashville was depressed, falling from
4Gl 10 43AnH. This stock was weak
enod by unofficial statements that the
company will not pay any dividend for
the current six months London, which
usually has early information on the
stock also had this story In an unoihciai
FORM The acquisition Of the chesapeake,
Ohio and Southwestern IS not considered
a bull argument on Louisville in some
quarters, and in consequence long STOCK
keeps coming out The other prominent
stocks cut away from those mentioned
above. and near the close enjoyed quite
an upward turn. In this movement the
Changers, Whisky, Chicago Gas. Dela-
ware and Hudson, western Union, ana
Lead were conspicuous. The active IS
sues show gains for the day OF 4 TO ia
per cent, with Chicago. Burlington and
Quincy I'm the lead. New England. Louis
vile and Nashville. and General Electric
declined PASS per cent. In the speclal-
ties, COrdage securities were higher on
the completion of the organization OF
the company. The common rose from
1871 to 20. and the preferred from 2gA
TO ~. The total transactions were 3d.
900 shares OF which 5000 We're General
Electric. 5000 New England. and 5000
Louisville and Nashville. Whisky after
breaking 10. 10 1875. rose steadily TO 22n
22lg on buying for Western account. The
market closed firm on the tone. RAN
way and miscellaneous bonds were weak.
Money on call has been drug, and
ranging from fiat 10 / per cent, last loan
at | per cent, and closing offered at l
per cent. prime mercantile paper. 4U4i2
per cent, bar silver, 6Sl2, Mexican dol
lars. Sc Sterling exchange is weak, with
actual business in bankers bills al 1877
Q4S3at for sixty days and iSji2QisE4 for
demand. posted rates 4s6diSGla, COM
mercial bills, 43l%Q4S2 for sixty days and
4S4hd4SIrt for demand. Government
bonds steady state bonds dull. Rail
road bonds weak. Silver at the board
was neglected
LIVERPOOL. Dec. 27.-Noon.-Cotton-
Moderate business at easier prices; Amer
lean midding, j-lG. sales. 10000 bales;
American, 5000 bales; speculation and
export 900 bales: receipts since last re-
ported 81 900 bales; American, i5,Go@
bales. Futures barely steady and de-
mand moderate: OVERWHELMINGLY,
S-64: January February. { S-G4; Febru-
ary- March. 1861; March-April, ll-GtU
1854: April-May. 4 1861; May-June.
14-G4d4 1J-G1; June-July, lI-Oi.
Tenders, 700 bales new dOckets and 800
bales old doclSets
Il. M.-American mddling. { 1J-lG,
good middlng. as middling, AZ, low mid
ding. AZ: good ordinary. 4 ordinary.
3 1864: December. G-G4. sellers: De
cember-January. G-6i. sellers. January
February 4 G-Gid4 7-64; February March,
S-64. buyers. March-April. ! 1861 sell
ers: April-May, I 1l-64d4 1864; May
June. J l3-GtH4 14-64. June-juiy ! 1j-6i
a 1G-G4; July-August. 4 1864.
Treasury Balances-COin. SCI, l9S0OO;
currency. SOS $4,000.