The times. [volume] (Richmond, Va.) 1890-1903, 1894-06-15
FINANCE AND COMMERCE
THE CLOSING OUOTArIONs or
MONEY.
Offerings and Sales at the Rchmord To.
bscco Exchange-Internal Kev.nus
CoIIections-Foreign Advic.

NEW YORK. June 14.-There was con-
siderable Increase in the volume OF bust
ness at. the Stock Exchange but the
gam in this respect was at the expense
OF values. The total sales OF stocks
footed up 226 $50 shares, against 1888
llO.sOO shares. Sugar was the feature
OF the day, closing at net loss OF I3s
for the day The bears discovered SELF
Ing Of London stock early In the session.
and from that time on they bent ener-
giles to bring about a break. The Have
meyer testimony started the selling,
and II was thought that evidence given
BY the officials Of the company Will be
used with good effect against the concern
when the House takes up the sugar
schedule. Houses with Washington con-
nections were heavy sellers OF the stock,
and one firm alone parted with $1,000
shares. Chicago Gas nrsts advanced
10 7g3.. the best yet attained, but suisse
cago advices are that Attorney General
AlOiOney viii endeavor 10 enJoin the
payment OF the dividend. and when
this is accomplished he will take the
declined Il. Lead u TO y. National CORD
age a, and United States Cordage is,
while United States Leather preferred
advanced 1%. The Railway list was
firm early In the day and continued 50
until Union Pacific and Atchison de-
velOped marked weakness. The first
named fell ~ TO 139l, the lowest point
Of the year Atchison sold down rs
10 ~. In the case OF Union Pacific II
was rumored that the July interest on
This was subsequently denied by one
Of the receivers, who admitted. how
ever. that there would probably be some
delay, as was the case with the January
coupons The SO assessment on Atchi-
son accounts for the weakness Of that
stock. and the fall in the seconds, class
A, TO 293A was due TO the proposed re-
classification Of the first mortgage The
Railways otherwise were tolerably
steady, considering the heaviness Of the
stock named. and lost only AGe per
cent. Burlington fell a. Rock Island
4, st. Paul v, Missouri Pacific Il, Erie
* Southern Pacific y, Western Union
q, and Union Pacific. Denver and Gulf
New York Central is looming into promi-
hence. The directors are 10 meet
week from tomorrow 10 take action.
The bears are claiming that the rate
thing about Western Union and Rock
Island during the past few months. and
Will keep il UP until the directors dis
pose Of the matter. the reduction In
steamer Of $500 O0O 10 $4,000. while
a source OF qualification 10 the financial
community had no influence. The mar
ket closed weak and y 10 2h per cent
lower. except for Sugar which lost "a
per cent The bond market was irregu-
lar but in the main weak. OF to-days
sales Of stocks. l07 900 shares were listed
and 10000 unlisted.
Money on call easy at per cent, last
loan at l per cent, and closing offered
at per cent: prime mercantile paper,
34Q4 per cent Bar silver. 622, Sterling
exchange steady, with actual business
in bankers bills at 4S7k04S7K for sixty
days and 4sSi3Q4sSN for demand; posted
rates, 4ssais9iR: commercial bills, 4s6I3
G4s7. Government bonds steady. State
bonds duh. Railroad bonds irregular.
Silver al the board was neglected.
Treasury Balances-Coin. So 1888 900;
currency. SIS. S26 900.