The times. [volume] (Richmond, Va.) 1890-1903, 1895-02-07
FINANCE AND COMMERCE
THE CLOSING QUOTATIONS. or
MONEY.
offerings and Sales ut tho Richmond To-
baeoo Exchange-Intsrnsl Revenue
CoIieotions-Forsign Adviees

NEW YORK, Feb. Depreciation at
the stock Exchange was dull to-day, me
sales OF stocks amounting 10 only 1900
shares. against l57.Si3 shares yesterday
and $500 shares on Monday. The de-
cline Us directly tracoable TO the delay
iu the bond issue. Stlll the market noids
we'll Tor the reason that the street as
firmly convincc d that the negotiations Tor
tho placing OF the bonds have been sue
Cessfui. and T. at all that remains IS 20
announce the details OF the deal MI
J. Poipont Morgan was quoted as saying
Il am satisfied no announcement OF Il
bond issue Will be made until after the
vote in the House on the Springer bill.
] am also satisfied that president 'leNe-
land and Secretary Carlisle are keenly
alive 10 the situation rms nad a Sfcdt
weight with operators. who were inclined
90 add moderately 20 their lines. STERLING
exchange was also WEAKER, ana uHCcT
heavy offerings by houses supposed 10
10 in touch with the bankers handling
the new loan. posted rates were reduced
J., 10 4S1iyHfSl The renewed activity
on the part OF the friends OF the railway
pooling bin in the Senate encouraged he
bulls somewhat. although u Is doubtful
whether anything can be accomplished at
this late hour London added 10 the
bulllsh feeling by It's purchases OF 81.
Paul Louisville and Nashville and BoIne
OF the lOW-pTiccd issues. The recovery
iu corn and wheat also had n good effect.
The gain IN prices ranged from = 10 l]s
Per cent. Louisville and Nashville. Sugar,
ChiCago Gas. Lead. the Changers. West
eTu Union. Northern Pacific PREFERRED
Erie and Missouri Pacific all being promi-
ncut iu the advance Ia the last hour
there were rcaliZations. and the gain
nol,1 was partially lost Norfolk and
Western common fell 10 2. and the pre-
ferrct TO 1881, on the appointment Of re-
cclvers The market closed steady, with
prices anywhere from u to = per cent.
higher than on Yesterday. Lead lost J..
aud New England * per cent. In the IN
active rst Consolidated Gas rose pa 10
10 J11 2SI2. United States Rubber sold
81 4.t. The directors to-day declared
the nrst dividend on the common stock
The dividend Is - per cent, and is nav
able March 10, 1919. At late hour The !
posted rates for sterling exchange were ,
restored 90 lSN0iSyi2. Actual rates were !
4StI. for sixty days, 4SSl,GrJSSl, for lie |
mand and 4SSt n iSgia for cables one Of |
the large foreign houses. understood to be- |
heavily Interested In the proposed new |
Government loan. were the buyers of bills |
WlClui avn from the sub-treaSury by The |
National Bank to-day. II is
Dn9tIsiood That the gold viii not be
shipped 10 Europe. The bond market was
ligher Inc sales Of listed stocks ag-
81 rEaled oo'VD shares and unlisted 2S 900
Money on call easy at ia1ib per cent.
~ I9ah az IL per cent. and closing
lHtTed al ~ per cent: prime mcrcautile
aper. 3l2n4 per cent. Bar silver. 59Is
'ltIHng exchange weak, with actual bust
icSs IN bankers bills al 1S1dJS1I5 for
sky days and 4SSd4SSi3 for demand:
lostcd rates 4S1IHi4Sg; commercial. bills
$40 1874: Government bonds firm State
'onds dulI Railroad bonds nrmer Sill
'Cr AT the board was co.'s bid
treasury balances Coin, SGS 800 100:
urTeuCV. $40 / II 600 '