The times. [volume] (Richmond, Va.) 1890-1903, 1895-12-27
FINANCE AND COMMERCE
THE CLOSING goo TArIONS or
MONLI.
Offerings and Sales ~ the Richmond To-
Collections Foreign Advice.

NEW YORK. Dec g-Stocks showed
considerable strength duilrg the cary
loris on the easier Condiuon OF tnc
money market, lower rates Tor hteIilus
exchange. ana a belief that there VIII d.
favorable legislation at Washington. ~
was almost thc unanimous belief that
a measure looking 10 the restoration on
gold Go the treasury would be aHop''",
luycls were MAKING preparation loi
tho expected issue, which, 10 rs now
thought. win be- az least one hundred
millions There was any amount OF
gossip about The issue, but pespie Hsuaiis
in touch with the toVernmcn. hnahti'i
Operations either ana not know on u'"
not care o. go on record as MAKING pre-
olcuona about the matter IN WI
also ahated. and London was moaeiate
buyer of Louisville ana NasnNlile, -
Pau and other stocks with an ihleiha-
toaM market The improvement, ~,
railway earnings in the W est also D." ~
buying OF the stocks Of the wheat ana
Corn-Carryng roads. Ihe easier coh"I-
ti0n Of the sterling exchanges put an
end 80 she foolish tax about q premium
on gold. and q leading bullion dfaiti
stated that tine only inquiry Tor me
metal was from intending purchasers OF
The new Government loan. me improve
menf in stock prices IN the hfat hoy'
ranged from } % Az per cent Lacka-
wanna rose AZ 10 1867. Hicnlean CEN
tfaI IS 10 nS Cotton OH preferred 10 90,
Lead rfoferrod ~. Consolidated Gas
p Lake shore ~. Louistiile and Nasn-
willie el. Northwestern 2 Canada SCUM
,rn fs. 81 Paul ia. ROCK Island -. Jer-
fov Central lis and the other ac-
tive ISSUES q 20 ~ per cent Ito
advance induced sales TO r'a',I,
profits. and reaction OF 'lH-
rer cent Rock Island. Zig Four lake
Shore ST. Paul and Manhattan BEING
inox consnicu0us in the downward move
mont Iacfavanna. which had sold az
1854 early in the day. was nnstq9,e.ntly
ing. Baltimore and Ohio. ma for "a loht
time Leather preferred were weak ana
lower Reading was sold hr holders
who DO NOT wish TO pay the heavy as
sessmfnf Leather preferred was sofa
down 20 On, from 90 on a board runor
that the dividend win not Dc paid. Later
there was recovery to GO on semi-oitl-
ciai den.ais of this report Baltimore ana
ohio fem 3H 20 iOh on the revival ol
the uufarorahle reports about the COM
uanv's financial condition. The market
ruled quiet during the greater part OF
the afternoon. and the course OF prices
was irregular until near the close. Whch
spcculation became drmer owing 70
sudden rise in Sugar 10 1872. The buy
fnE OF Sugar 81 this time was based on
TIE belief that there will he 100 adverse
legislation so far as TINS company is
concerned al Washington al this session
Net changes show gains OF 70 10 dis per
cont for tho day. Reading. Union Pa
cinc and Chicago. burlington and Quincy
show losses of is01N per cent halu-
moro and Ohio however. lost 3is per
cent. Railroad bonds, after nrm
opening. became weak on sales 20 rqqnzs
The total sales were 5000 900 The to-
ISL sales of bonds were 3O4. l39 shares.
The sales OF listed stocks aggregated
2ff39O shares and OF unlisted stocks
So 74q shares.
Money on call easy at 507 per cent,
last loan at g per cent. and closing Of
fered at per cent. prime mercantile
paper. 4ia05i4 per cent. Bar silver G6ia.
ness IA bankers bills at 4SS404SSf,. for
sixty days and 4Sns0ig0 for demand.
posted rates. 1891 1901. commercial bills
4e7ffse7at Government bonds nrmer
etata bonds steady Railroad bonds
lower. silver az the board was hrm
Treasury balances. Coin SstolI2bl
currency. $10o7l1 500.