The times. [volume] (Richmond, Va.) 1890-1903, 1895-03-15
FINANCE AND COMMERCE
THE cL0SIN Quotations or
MONEY.
Onsrings and Sales at the Richmond To.
bseeo aforementioned Revenue
Coliections-f orsisn Adviocs.

NEW YORK. March 1.-THE uncer-
taiuty regarding the dividends on st.
Paul and New York Central led 20 Il
rather irregular speculation at the Stock
was strong. promptly recovering most
Of It's dividend. selling up TO iOll3 which
~ equivalent TO 1914 dividend on. The
Changers were easier. 81. PAU sold down
fraction on the reiteration OF the re-
ports current FOR "a week past that the
dlFldend on the common STOCK Woui1
Dc reduced TO 1 per cent for the SIX
months. This was subsequently borne
out This action Of the directors was
not made known until after the close OF
the stock Exchange. Nice-fIesldcht
Bond, an an interview. stated that inc
acton Of tho directors was unanimous,
ana lat the company really carmen
IA per cent. on the common ior inc
The foreigners sold this stock. but their
onSngs were absorbed. and in the after
noon there was deciaed imprQNemSnt
in the Anthracite COalcrs, when lea
TO better feeling al around. Jersey
Central. Delaware and HUDSON ana Lack
aWuuud were notably strong, Jersey
Central rose from 81 10 SSht Lacka-
ana Hudson from l2f"t 10 l2''s Jersey
Contrals rise was due in great measure
10 covering of short contracts. Rumors
Of an early settlement OF the disputed
allotment question stiffcncd the other
Anthracite issues. Ncw York and New
England sold up 90 1871 on the progress
tion 81 The property. Manhattan ad-
vancod lM. General Electric J. Consoli-
dated Gas IS. Cotton on j. Louisville
and Nashville =. Now York Central T.
cent Near the close Sugar fell 10 9S3i
on rcalzauons. and the general list ran
OF Is4- pcr cont Jersey Central and
Northwestern were most prominent in
the reaction. AZ the close Sugar rallied
10 HE.0.D... and tho Railway group also
developed moro sicadincss and left off
.H..EsN
thr1citcs and New England which rose
lUZii per cont, were fractional either
way. Tho Eituminous Cealers ruled
firm Hooking Valley selling at 2342l
10. preferred az 2NhO41lt I'm the Spc-
CialfIes Great Northern preferred rose
. 10 iH. The total sales were 80. fG2 |
larcs, Including GjlO0 American Sugar. /
1900 Jersey Central. and II 900 Now
York and New England. Tho decision |
of Tie New York Central directors I'm /
ne matter Of dividend is awaited with |
iercst lY the street 'fhc directors |
"ill meet tomorrow Tor action Nothing /
I1e developed 10 indicate tho directors |
policy. ana the street opinion is divided
~ "a criterion the believers in The regular
Hio We're ln the majority The activity |
d the Railway bond market attracted
considerable attention. The demand was
brisk. ana especially for the Atchison
sues. which were benefited by the an
'olH'oment from London that a syndi-
nte 90 uudcrwritc the reorganization |
Ian bad been formed. The plan. the
uhont points of which have already been
wen out. viii be officially promulgated
aTly next week Tho bond market was
cuye and strong. The sales Of listed
iocks aggregated 1l20OD shares and of
uhstct 1900 shares
Money ON call has been easy at 10 Der
emit. last loan at ~ per cent and
losing offered AT ~ per cent; prime
lorrantil" paper 4l4Hj per cent. Bar
liver Gll. Mexican dollars. 1914 Sterl-
lg exchange firm. with actual business
b bankers bills AZ 4N7aiH4SSA for sixty
avs and 1904 imiN9R for demand: posted !
iics, 4NNWtD. commercial bills, IS62la !
>be. Government bonds steady state
onds dun Railroad bonds strong Fn- |
pr ~ Oh, board was G1N bid ana G17s |