The times. [volume] (Richmond, Va.) 1890-1903, 1895-04-09
FINANCE AND COMMERCE
THE CLOSING QUOTATIONS OF
MONEY
pnsrisgs snd sales at the Richmond To-
bsseo E1chspfe-Intsrnsl Revenue
Collections-ForsiRn Advises

NEW YORK. April S--stocks opened
Irregular, the Railway Issues shoWliIs
strength on account OF higher capies
from London. while the lndustflals were
inclined TO weakness. subsequently a
raid was made on the Anthracite IodieIo
and sharp losses were recorded. ia
ware and Hudson broke 4N 70 i<9is' ',i
sey Central ~ TO glM. DackaMaiHa -
10 1855 and Reading - 70 ~. ,or,i,,
ware and Huds0n's decline was i"i 49,,
due 20 liquidation by an estate anu anu &c -
Fcy Central sold OF on the IeuuC.i o. -, 80
the dividends from ia 20 - ~ 81
for the quarter. kumois Una. ~ s',rh
thracite coal situation was AVt Ia ,bof
good shape as reported last week ~ ~ d1ss
There viii be no arbitration OF thc ms
puted questions after an, 9'ln's -
rral recovered TO Niis, bcia"aiV 90
HUDSON 20 i20i4. I.ackawanna 10 lyyri
80 lseaffn0 40 h. The action OF the
sale agents WAS also considered neces-
eary step toward the Ithapin ~, "a ~,
the trade. The advance lh N.9'SlH
rricos was thought 10 be OF great I'M
rortance and will put an end 20 their
decentralization there. In me VlhSi t'.lt-
WAY stocks good demand pletdilcu loI
tho Changers near the close, OUT lhere
va little or nothing to the general run
~ etorks Baltimore and ONO was adj
Verscly affected by an unfouhded fumoF
that The May dividend VIII De passed.
The stock broke "a 10 % ana falhed 10
10 bid In the lndustrials sugar lei
from 1905 10 grlE and advanced TO lol*t
mioiu Tobacco fen - to o. and rose
TO eI.naG. Chicago Gas declined rs
10 70ls and recovered 10 UA. Lead
sold down ] 20 ~ and returned TO 3l1s.
General Electric declined " 10 32N and
rose 10 .giA. Chicago Gas WAS weakened
by report that tho directors meeting
OF "Wednesday viii reduce the dividend
10 p per cent per anuum basis Hhc
delay ln signing the pooling agreement
hurt General Electric for a time. At
the close the market was firm In tone
aud tho usually active stocks showed
slight gains for the day. Reading gained
\ and Lackawanna and Delaware anu
Hudson lost 'kU2i3 per cent, respectively.
The decision OF the supreme court sus-
tanning the income tax. excepting that
part Of the law taxing rentals and state
and municipal bonds had little inhu-
ence 10 Is expected, however, that
state and municipal bonds Will rule higher
shortly in consequence OF the decision
The poor statement of the Burlington
and Quincy was not unexpected by any
means, and IL had no effect on the com
pauys securities. The good news OF
the day consisted in reports OF the
drcnching rains i'm the grain and corn
belt. the March statement OF the New
York Central which shows an increase
I'm gross earnings Of Sff8leW' ana ne
Buccessiul placing or the new Sh""iNH
2 per cent. gold bonds OF the Mctrou0l-
tan Traction Company, as well as tnt
partial restoration Of prices 10y the am
thracite sales agents referred 70 above.
4 ne safes coinIflsel ir't''N Hldi % Va
listed stocks and 31O0O shares Of un-
listed. The bond market was strong
Money on COLL easy an 2p2'3 per cent"
last loan az per cent. and closing
offered at per Ctnt. prime mercan-
tile paper 44tN5A per cent Bar silver
G8h Sterling exchange firm. with ac-
tuai business in bankers bills at 4ssiz
for sixty days and 1897 for demand J.
posted rates 4NH0Npla. commercial
bills. 4S7t4Q4SS Government bonds firm
5atc bonds higher Railroad bonds
strong silver AZ the board was CO.'S
Trcasury BalanceS-COin. SS5.3ol 900;
currency, $50 258. 900