The times. [volume] (Richmond, Va.) 1890-1903, 1895-03-01
FINANCE AND COMMERCE
TIE CLOSING TIONS OF
MONEY
OAsrisgs aud sales NJ the Richmond To-
bseeo ExchsnEe-intsrsal Revenue
COLLECTIONS Foreign AdviceA

NEW YORK, Feb. 2s.-Fesrs OF gold
shipments. POPULATIONS for London and
increased pressure from bearish sources
led TO a weak and lower market foi
stock to-day. Business WAS decidedly
more active. sales aggregating DO i't
shares. against $50 shares yesterday
siderable OF the high rates for sterling
exchange, and were predicting gold eH-
ports at an early day. They were not
very definite in their statements how
ever. nor could they explain how snip
mCnts could be made at profit now that
The Bank OF England Is paying less Tor
Yod and continental exchange Is consul
erahiy higher than when the recent e
port movement was IN progress. Wen
known drawers of exchange, II snoulQ pc
added. are not disturbed by inc talh
of the exports. ana assert thaf DIS VIII
be forthcoming when required ny re-
mittcrs. London was quite scller Oh
International stocks, and the iorelsn-
cts do not appear 10 be abe 10 recover
from the shock given by the passage
of the Canadian Pacific dividend. TO
day sales for Europe account are placed
at 2DOOD 10 $3.50 shares Conspicu-
oUsly weak stocks were New YORK CEN
trail, the Changers. Baltimore and ohio,
Chicago Gas. Lake Shore. Louisville and
Nashville. Manhattan, jersey Central ana
81 To a5s. on unconhrmed rumors OF
an issue OF new stock Northwestern
sold down TO S1I3, burlington ] TO pk,
Rock Island y 10 6lI3, and 81. Paul TO
54A These stocks were influenced by
the rumors of a reduction I'm the ST. Paul
dividend The directors do not meet
until March l4th next, and nothing of
fetal can be obtained about the matter
until the Baltimore and Ohio declined
2is TO j57k but later rallied on semi-of-
ficial statements that the March interest
was IN bank and that the company had
not borrowed dollar for this or any
other purpose. Chicago Gas sold up to
T2A on the election of X. r. Lincoln
10 the presidency OF one Of the subsidiary
companies and then broke 10 70A on
sales for both accounts. Louisville and
Nashville opened l per cent. lower at
10 dropped 10 1885, and rallied to 40
London was a liberal seller. Lake Shore.
on moderate sales. declined "a TO 1851.
Jersey Central first advanced To SJiI
then fell TO Sif- and recovered to So
The annual report, now due. will show,
u is said, only per cent earned on
the stock Sugar was quite strong nj
one time and moved up TO 025k. but i'm
the-last hour IL suddenly ran off TO g1%
After delivery hour the general list rail
He'd = to . per cent. New York Cen
tral and Jersey central leading, but when
Sugar dropped point or so the entire
list weakened in sympathy. Speculation
LEFT of weak. The net changes show
losses OF l4@2h per cent. Tobacco and
The first named was strengthened at one
time by the absorption of the Console
dhtcd Cigarette ind International Ma
chlpe companies. The bond market was
gregated 152,0OO shares, and Of unlisted
stocks. 5000 shares
Money on call easy at 10 per cent
prime an e,,i mercantile paper, 4l1a3 per cent
Bsr SILVER 90 Sterling exchange firm
with actual business in bankers bills at
al g4s7l5 for sixty days and 4SSN, 04S9
Tor demand; posted rates. 4Ss0i90; com
,mercial bi,ls. 49,. Government bonds
was Co.'s bid.