The times. [volume] (Richmond, Va.) 1890-1903, 1894-03-21
FINANCE AND COMMERCE
THE CLOSING QUOTATIONS Or
MONEY!.
Offerings and Sales at the Richmord To-
baoco Exchange-Internal Revenue
Collections-Foreign Advic.

NEW YORK, March 20-After rather
tame opening the stock market deVeIopoN
strength, more especially for the indus
qlal group, Cordage, Sugar, Chicago Gag
Dead. and Whisky advancing q To -
per cent. COrdage made the largest gam
l.sins ia TO 2O34. The recovery ii tn.7
STOCK was due 10 statements that yes
teiuays break to 10 was the result Oh
eAecuiion OF stop-Orders, and not 70 any
material change IN the condition OF the
property Chicago Gas moved up over
point 70 0JA, the attack on the COM
pany IN the Common Council of Chicago
Wnlch was 10 nave taken place last nlsht
having Deen postponed. Lead. Wmshs'
ana sugar rated firm. When II was den
nitely stated that no gold would be eN-
ported by to-morrow's European steam
ers, the general market made an al
vance OF a TO Us per cent, but bushes
was on a moderate scale. Northern
Pacific issues led the list, the common
rising = 20 6l2 and the preferred rs 10
21i-. London was buyer OF the bonds
OF this company. while local shorts pur-
chased the stock. After midday there
was break in American Sugar or
per cent. 10 ssh on reports from Wash
ington that the recommendations OF the
Senate Finance Committee In the matter
OF sugar schedules had been exaggerated,
and that the advantages to accrue 70
refiners were nothing like report has had
it, Again, IL was said that there had
been treachery IN the pool, one member
having sold out on his partners. me
general market. while adversely affected,
did not decline much. In fact, the
greatest reaction was less than point.
Late In the day rumors We're received
from Washington that the President
had decided 10 veto the seigniorage bill.
II was also reported Via Boston that
the Trans-COntlnental rate war had
been declared on, and this. with semi
official statements that the Rock Island
will declare its usual quarterly dividend
stimulated purchases and started up
lively inquiry for stocks generally. The
highest prices Of the day We're then made
I'm the Changers. Lead, Baltimore and
Ohio. General Electric, Louisville and
Nashville Manhattan. Missouri Pacific,
Union Pacific. and Western Union. sugar
met with better support ana raliled 10
on Subsequently there was a reaction
TO SOB. New England was a weak spot,
declining at one time 70 99s. The pros
Dect of a heavy assessment keeps the
stock weak The net changes for the
day show gains of AQllg per cent. out
side OF Sugar common, which lost ~,
and the preferred ~ The total sales
were 2lS.653 shares, OF which lVb-~
shares were American Sugar Railway
and miscellaneous bonds were strong.
The sales OF listed stocks aggregated
100000 shares; unlisted stocks. llo,WO
Treasury Balances-Coin. SlO2, G3GOoO;
currency si603O.O0.
Money on call easy at ] per cent. last
loan at ] per cent. and closing offered
at l per cent; prime merca .atl paper,
31aG4i5 per cent; bar silver, J91 sterling
exchange firm. with actual busLoess IN
bankers bills at 4S1ANfsF2 for sixty
DAYS and 4sAfn4s9 for demand posted
rates. 4ssd4s9i2; commercial bills. 4sOttH
4S7 for sixty days and 4sS40issl2 for
demand. Government bonds firm. state
bonds dull. Railroad bonds strong Sill
yer at the board was neglected.