The times. [volume] (Richmond, Va.) 1890-1903, 1894-09-12
FINANCE AND COMMERCE
THE CLOSING QUOTATIONS. OF
g.JNEY
Offerings and Sales at the I:ichmora 10
ba,co EIchange-Internai Revenue
Collections-Foreign Advices.

NEW YORK, Sept. 1l.-For days past
somv Of the bear traders in stocks nave
been predicting that the Government
crop report for September would show
the condition Of corn to be only 30 per
cent The report, however. which was
made public late yesterday, gave the
condition as GA per cent, and. as re-
suit, there was a wild rush on me part
OF the shorts at the opening TO get back
their contracts. This led 10 rise or
u to Us per cent Burlington, ROCK
Island, and -. Paul naturally pelhg
the most prominent in the rise. After
the first rush was over the traders be-
gan figuring on the report, and when
they found hat the indications pointed
TO Yield of only l,luO,OWO1O bushels,
they put out fresh short lines. Tney
were not very confident, however, as
the American Sugar and Manhattan
COmIaries both declared their req liai
dividends, notwithstanding the predlc-
tons to the contrary made last Wesh
in the case of the former. BesluSs'
the Western Union executive conin,llt
tee recommended that the usual dlVl-
dend be declared tomorrow; and turthel,
more, IL ascertained that the 81. fdui
directors on Thursday VIII annouii!oe
the regular payments OF their stocns,
These declarations are robblng the snorts
Of a good deal OF ammunition. and their
attacks on the list are lacking vim. ne
statements submitted TO the "estTetLn
Union cOmmitte were favorable nc
Manhattan exhibit was not a partlcu-
larry good one. but there will be sur,
plus after paying the dividend IL should
be remembered that the current quarter
is the poorest In the year. A Am iinlGiai
Sugar rose 2is TO lO61s, reacted 10 lVt1s'
and rallied To lOiJs There was con-
siderable selling after the declaration OF
the dividend. Boston was moderate
seller. United States Cordage was heaVy,
falling . to 1Gdl65s. and the preferred
3ia 10 29H on rumors or SUBSEQUENTLY,
denied by President Sturgis, that me
comDanv was carrying a big stock OF
binder Irvine and that its business TINS
season had been unsatisfactory. Chl-
cago Gas was weaker on reports Vi u
fresh cut i'm gas rates. Inc STOCK iti
to ia. and later recovered: me hisI,
conditions Of corn i'm the South called
attention to the securities OF roads
traversing that section OF the country
and on good buying Rlcamondd Ie ri 5en
: per cent Trust receipts, rs TO 31is'
do G's. Stamped. IL to 10i2. New south,
ern Railway y to liA, and pre1errel
/ TO 14@. quite number or operators
Who are bearish on the Changers ana
western stocks are quite bullish on south
ern securities In the closing dealings
the market was frm, a prohlhehI 'rt M
having bid mp prices all around; ne
net changes for the day show advances
Of ILlfTs per cent Listed stocks aggre-
gated lO0l6 shares, and unlisted S2'ZN3
Money on call easy at l per. 'enti last
lean at / per cent. and CLOSING olIereu
At per cent; prime mercantile paper,
exch; nge steady, with actual business
| IN bankers bills at 4SJQ4S5h Tor sixty
! davs and 4S5iGiS6 for demand; poSHtt%I5
,afcs 4S5isG4S7: commercial nills, tNtu
lSl5. Government BOMBS slSDIs' ejI,,er
! hor Is duh. Railroad bonds hrm. SILVER
N the board was 64l2 bid. e,onoo
treasury Balances-Coin, $io'1l9VoV
currency, S4l,NtSu'b.