The times. [volume] (Richmond, Va.) 1890-1903, 1894-08-14
FINANCE AND COMMERCE
THE CLOSING QUOTArIOSS or
hJNEY
Offerings and Sales Mt tho Richmori To.
CoIlcctions-Foreign Advices.

NEW YORK, Aug. f3.-It has been
stated from time 10 time OF late that
the slugsisnness Of the stock market
was The result OF The failure OF the Ma
uoil"I Legislature 30 agree upon a tarin
poIicy. 10 marered not. 80 the traders
Cuhttnded, v nat the lines OF the pOlcy
determined upon might be, as long As
something definite was offered. SO Tar
as traders We're concerned. II could be
either the Wilson bill or the German
M assure, either one would do TO start
up speculation. The main point was 10
break the deadlock. fo-days market
fuzzy bore out this theory, for stock
speculation Was active from the moment
1t became tolerabiy certain that an end
Of the seemingly nterminable discus
sion was at hand. Transactions reached
heavier totals, both la stocks ana bonus.
than for any day for long time past.
stocks alone figured for 205. g8 shares.
while in Railway ana miscellaneous
ufrtGascs, sl,@Jl. go changed hands.
London, which Was az much, ii NOT
more exercised as home operators, came
In with liberal buying orders at the
start The foreigners having been IN
nuenced by early advices from this sidc
that the House would to-day decide 10
reccde from its original position ana
accept the senate bin. London bought
about 1900 shares. rs purchases OF
Louisville and Nashville causing mat
stock 10 open At -. against jVs az tne
close on SATURDAY. The general list i'm
proved on these purchases as well "a
The report OF good rains in the corn
belt, and the local bears VINO nave Dech
predicting all sorts OF disaster 10 the
corn roads began 10 cover riBht al the
opening Before they had fairly started
81 was announced from Washington that
the Democratic caucus Of the mtWDt =
OF the House had voted by decisive
majority to reccde from their position
and accept the bill recommended by the
Senate Finance Committee. This was
the signal for the execution OF Iarse
orders on long account, and prices du-
yauced with rush. mere was Havi
outside business than for some ume
past, to the encouragement OF the com
mission houses The rise induced the
big bulls to sell, but as their onsrlngs
were quickly absorbed, the room trautIs
prices an along the line 1t was AT TINS
time that the best figures or the Gay
were recorded. The most important
gains follow. Distillers to ~ sugar
lington and quincy , to "a, NorthWest, l.
ern ~. TO 1864. ST. Paul 2i2 20 Glat. ROCK
Island "a to ~. Denver ana no drdhde
preferred 10 -. General Electric .
S3a. Manhattan I@, 10 ll7H. Chicago
Gas ! 10 75a. Missouri Pacific l's TO
2Sa,. Lead IL 20 ~, preferred - TO
S7a,. Erie to -. DO; preierfed, - 20
30. Northern Pacific 1as 10 los, norfolk
and Western preferred 23s TO rs
Terminal ]. do. preferred 10 IN,
omaha ~, 10 3GiA. Cnlted states Leather
? to 70, do preferred "a TO Oh, Union
Pacific Ia TO 11i.. Speculation close
strong. little attention having been pald
10 the caucus instruction to the ways
and Means Committee 70 report bills
placfp8 sugar, coal and iron ore, ana
iarhed wire on the free list. y Favorable
DEVELOPMENT was the weakness Ot steIl-
ina exchange. ana the reports from Eu-
rope Of ne declining tendency I'm ois..
count in the open market The mel
changes in stocks show gains OF q 70 :
Der cent. for the day, Distillcrs, NcrfoIK
and Western preferred. and Leather
preferred leading. The bond market
was active and huoyant. and on heavy
trading an advance Of 10 ! per cent
as recorded Sales of listed stocks
te5 OU1 shares. unlisted, 62000 shares
Treasury Balances-COin. S15,IsU,Wh
currency. <G0WO0D
Money on call easy at per cent, last
loan at per cent. and closing offered
al per cent. prime mercantile paper
8NTN5 Per cent Bar silver G28i. SterllnA
exchange weak with bankers bills AZ
1861. f4-GH for sixty days ana 45IEg
leT2, for demand, posted rates iSll2Q
$50 commercial bills 4S5AQ4S6A. GOV
eminent bonds steady. state BOND.
dulI. Railroad bonds strong.