The times. [volume] (Richmond, Va.) 1890-1903, 1894-05-02
FINANCE AND COMMERCE
THE CLOSING QUOTATIONS. OF
MONEY
Offerings and Sales at the Richmord To-
bacco E1change-Internal Revenue
Collect.ons-Foreign Advlc.

NEW YORK, May l-Realizations on
n liberal scale IN American Sugar had
tendency TO weaken the market Tor
stocks I'm the early dealings. Sugar
opened slightly lower at lOJla and then
fell TO l0I. This was the heaviest de-
cline, the other Industrials recedng about
a TO "a per cent. American Tobacco was
an exception, and after an early decline
of a TO ST. rose 10 s6l2. At the latter
figure the stocks showed a gain OF IA
per cent as compared with yesterday
final transactions, and about expresses
the view insiders take OF the importance
of Attorney General Maloneys drives AT
the Industrial corporations. The drop
i'm Sugar brought I'm fresh buying orders
Notwithstanding the heavy realizing in
reduction in the price Of refined sugar,
and rumors OF further cuts In the early
future. The stock moved up 10 1874,
re- cted to 1919 and left OF at lO3Ss,
loss OF a per cent. per day. Iransdc-
tons were just about 80 per cent. OF yes
terdays big total. Lead was the weak
est Of the group. and declined to Al on
moderate trading. Cordage was a favor
tie, and moved up point 10 2J1s The
preferred was neglected Chicago Gas,
on moderate business, gained about
a point. selling up TO 6}. General klec-
trio was In demand and rose 10 i0ls. The
railway list was not affected to any
great extent by the irreguarity OF the
1ndustrials and held firm until Just pre-
vious to the close. when there was a
squirt i'm the Changers. Burlington and
Quincy was the leader, and touched SO1s.
a gain Of is as compared with the open
ing sale. The stock has been sold by
small operators during the past week
or so on the idea that the March state
ment will be unfavorable. The report
was given out to-day, and actually showed
a gain in surplus Of S4.29S. When this
was announced efforts were made TO
cover and this stock taking as well
as the other Changers. were in hand, and
bid up by the shorts St Paul was
advanced TO G3k. Rock Island 10 Gl's,
and Northwestern TO 100. Reading was
a weak spot. falling from 10 TO li"V
ISL The junior mortgages were also
heavy on talk Of large assessments.
Lackawanna declined a point. In sym
pathy. Missouri Pacific was in demand
throughout, and moved from 80 10 3llS,
closing at the top figure. Western Union
gained y per cent. rising TO 500. The
market closed strong, the engagements
Of a million gold for shipment TO Europe
tomorrow and the knowledge that add
day having no effect. The total sales
" re 214.OJO shares. Railway and mis-
celaneous bonds were irregular Sales
Listed stocks. l32.00O shares; unlisted
~, 600 shares
Treasury Balances-Coin, l02,S4l,OO;
currency, S46.571 900.
Money on call easy at ! per cent, last
loan at ] per cent, and closing offered
at per cent: prime mercantile paper
3t64 per cent. Bar silver. G4il. Sterling
exchange frm with actual business in
bankers bills at 4S7i i04SIl2 for sixty
days and 4ss&04S9 for demand, posted
rates. $3.50 40; commercial bills, 4s6l2
G4S7. Government bonds steady. state
bonds duh Railroad bonds irregular.
Silver bullion on hand quiet.