The times. [volume] (Richmond, Va.) 1890-1903, 1895-03-05
FINANCE AND COMMERCE
TIE CLOSING QUOTATIONS or
MONEY
offerings end sales at the Richmond To-
bs.eo Txcbapge-fnterps. Revenue
Collcctions-Forsigp Adviecs

NEW YORK March f.-.Prices at the
Stock Exchange to-day were extremely
irregular IA their course. The develop
mcnts having a direct bearing on the
market were more important than Of
late ana at the same time business
showed an increase. the sales amounting
90 IS. as shares. The bulls were Favored
by the Adjournment of Congress. Whlch
caused a demonstration OF JOY rarely Wlt-
messed AT the stock exchange, the IN
crease ia the ST Paul earnings Tor the
fourth week OF February. and late IN the
day by the Official denial Of the unIaV0I-
able rumOrs current abroad ABOUT the
financial condition Of the Louisville ana
Nashville. on the other hand. there was
heavy selling by London, the nnlb ~
the bin of foreclosure OF Reading inc
decision In the Bate refrigerator cas-. anu ~,
the strength OF sterling exchange, "HiCn
iCd 90 talk OF technical premium Oh
FOld. or the unfavorabic iactoie cIiu
.pcrafcd probably the continued strength
OF sterling exchange Is the most lmp0f-
taut. Tne market ls pracucaly pait oi
bills. and Iemitters are iOfceu 10 u'pcIu
on bankers Tor hiils. me l0Si ttt,1 9Sti
Were at 1874 iOr sixty days ana fS'HtHJ
FOR demand. the top figures OF the DAY
The appointment OF a committee 10 rep
hescnt the United states az conference
a. called by any OF the European powers,
probably would have more erect II INC
sppointces by the senate ana congress
were less pronounced IN thcir views IN
favor OF silver. The stock market opened
firm. bur al inc duhaNft N'iiliE VI A'is
from London were encountered, ana
prices dropped d 10 per cent Reading
and General Electric were especially weak
for reasons already referred to. Specula-
tiop after the decline noted ruled rather
quiet until the last hour, when there
was a sharp turn for the better. sugar
started the upward movement Ilslns
from on, 20 93hs. Brokers alleged TO be
acting insiders called IN stock loaned on
season. AT the same time II was init
mated that the regular dividend VIII be
declared shortly, now that Congress is
out of tho way. Louisville and Nashville
rallied from Az 10 4Nk on the statement
by Chairman Belmont that the company
is iu good financial trim. Chicago Gas
sold up ~ TO ia ON Chicago adVicaS that
tar new ordinances granted by the Al
.urrrnen 90 rival concerns will be vetoed
Tlc Grangefs. Nanderbilts, Manhattan,
Missouri Pacific New York Pacific, and
Northern Pacific preferred rose u TO rs
per cent. and. in common with the gen
tfal market closed strong. The rise late
lu the day was stimulated by the i'm
prOyemcnt In the wheat market. COnsii-
cradle wheat having been bought for
French account. Net changes in stocks
SHOW gains Of * TO TX per cent. General
ficctrlc lost *. Western Union ~, Lacka-
wanna ] and Reading " per cent Amer
lean Cotton oil rose ~ to 22l2. In the
fractiyo stocks 200 shafes Of Northwest
ON preferred sold = 13SHl39. seller ff-
teen and twenty-day options. or per
cent. below the price In the Regular way.
p. he bond market was tirmer. Sales Of
listed stocks aggregated 10000 shares
un1 unlisted ~ 900 shares.
Money on call has been easier: highest.
8 per cent; lowest. IN and closing Of
Tered al 10 per cent. Prime mercantile
paper. HiIl3 per cent Bar silver. COW.
Aiexican dollars. 4si2. Sterling exchange
is firm. with actual business in bankers
D. Ms at 4STiM4SS for sixty days and
iN1HG tS9H for demand. POstad rates,
fSSNdigO Commercial bills, 4SAU4S7
bonds steady; state bonds
dull. railroad bonds firmer. Silver at the
nnnrl MAe HtinGl.