The times. [volume] (Richmond, Va.) 1890-1903, 1894-05-23
FINANCE AND COMMERCE.
THE CLOSING QUOTATIONS OF
MONEY.
Offerings and Sales Mt the Richmord To-
batco Exchange-Internai Revenue
Coilections-E oreign Adyic.

NEW YORK, May 22.-American Sugar
proved 10 be the sensation at the STOCK
Exchange to-day fully 1900 shares hav-
lng been traded in out OF a total OF 3U9,sO5
shares. The stock opened at JGle, ad-
vanced 20 975s. fell to 95Ik. jumped 10
100 receded 10 9Ial. and closed at ~ls.
Yesterday the stock sold as low as J2it-
The rise to-day was due 90 the formations
OF new pool TO twist the short interest,
which has been rather confident OF It's
ability 10 bring about further liquda-
lions. The rise was also due In part
10 reports from Washington that the
sugar schedule will pass the Senate as
Incorporated in the sO-called German
bill Chicago Gas was also decidedly
active, nearly 5000 shares changing
hands. The stock ranged from cas- 10
6Ji. and closed at about the top OF the
day. Judge Winds decision Ia me mat
ter of the Mooney quo warranto pro-
ceedings brought against the American
Tobacco was considered indicative OF
"A disposition OF the Chicago Gas matter
when the question comes up Tor settle
ment. American Tobacco rose 20 -
on the Winds decision just referred
to. General Electric was decidedly
heavy, falling from 3f- to 33i2, and
closing at the lowest figure. This stock
was depressed on the alleged inability
OF the directors TO make good the i'm
Dairment OF the cOmpany's capital. Until
this IS accomplished dividends cannot be
paid Lead was firm for time, put
later weakened and closed practically
unchanged Pullman Palace fen points
to l5l. and then recovered 10 lD on the
denial of the reports Of the serious Ill
ness Of George NJ. Pullman. The rail-
way list was weak I'm the early trading
In sympathy with London. subsequently
a recovery ensued. The stocks OF bank
rupt roads then sold of rapidly, Union
Pacific falling TO Az, AtchisOn 20 va,
Northern Pacific preferred 10 l1S>, ana
Reading to l47.. When Sugar rose 10
par. however, the shorts rushed 10 cover
and their purchases helped an advance.
Houses usually operating for a leading
bear had returned to the bulk or me
stocks. which they have been borroWlns
for some time past ana ths auucH l..
the discontinue Of the smaller holueIS
IN shorts. Sugar roceded . points near
the close. and for a tine there wa
disposition 20 turn pTout5 on tn- 4oil|
side into cash At the close. however
a hrnor tone prevailed, except Tor Zen
oral Electric. which was positively weak
The net changes for the day snow gains
Of X to 3H per cent. General hiecliiS
lost . and National Starch first preferred
rose 2 TO 20. The bond market was
frmer. Sales-Listed stocks. 20IOOO
shares: unlisted. 10000 shares. .
Treasury Balances-COin, Ss9,95SWO;
currency. S55O19.OUO.
Money on call easy at ! per cent. last
loan at ] per cent. and closing ohered
at l per cent; prime mercantile paper.
3itT1 per cent. Bar silver. G2ls. STEERING
exchange firm. with actual business IN
bankers bills at $500 1874 for sixty days
and 4SS%04S9 for demand; posted rates
4SSG49O: commercial bills. 4S6l2HfS
Government bonds firm. state bonds
duh. Railroad bonds stronger silver
at the board was neglected.