The times. [volume] (Richmond, Va.) 1890-1903, 1897-07-16
FINANCE AND COMMERCE
THE CLOSING OUOTATIONS or
NONTI.
Offerings aud Sales az tho Richmond Toe
bacco Exchango-int Revennc
Collcctions-Forcign Advances,

NEW YORK. July 15.-Thc conference
committee deadlock on thc tarih nli """
a counterpart on thc noor Of Gao Sl"'"
Exchange to-day. especially onfon~ i".
professional sp'culntofF the net 'u"lf
being bat fractional either way 300
active stocks. hut Tor she time being inc
market bias hroadCncd materially ...t
"a tw0-days success 10 wouio fr n t,
spccuiafors for ana adNnco mIfut 80 tts
tent with not losing much eronnu y" 80,
pablo that strong interests Mi'N tt
1istic market tendencies pfcIti r
market pending final action on '. ..,, tn
and tho President currency W' 80.
order that ultimately their f7Voritf@ In"t
not carry top weight in thc adNanD, '.,f
fain would expect Whfh 'plir' '.t-tl.n
iourus. Tho enormous ki.fro-
SlOOpO0nD for % 100000 issue or M'
rolitsn street railway bonds oh'l,u .t
los. end The fact chat tncf' Wy ..,t
faneevf ellfs af an advance 't si.
ON tne street wr l'N' . 3D.. grrat
cation of confidence Mor.'N. ,I'' 80
Norlhfrn's increased dIN'nrhd N"1 l,t'i
urctcd aF fairly lnaiciIn- 49,.
ness boo recovery ln iN' N'' go t.~i.-
az .tf.n conditions. showed only Tempo
rsry strcngth. losine tlfr carry tains.
Tho favorable crop "Nl .".N l".,t'
with Cd rise in grain quotations hal eve
IDENTIFY nann discounted and ST. Paul was
sulicrfnl lp prolt. 0nal pressure. hnt
fho mot recession was iflNiht. W llic
laYNN..u %
nufc fhrv took less interest in Amer
loan Cham on yesterday selling mod'f-
ately OF 81. Paul and pure hasing 'W
lowe priced shares. ana IoulHNiI'. lue ia
ter huvirr being due TO Cabled statements
that tho rreumntiOn of dividends is pos
sih'e without The restoration Of WAGES.
Sugar suffered fp the extent Of point
ON roucfffi0ns Of the rumOr exploited yes
tordav that the House duty VIII really
win in the conference Wmifico ana
again tho possible delay was depressing.
n member or the committee rcIng quoted
aq saying an agreement might not take
niaco FOR two weeks. Tobacco was ma
nipulafed iu the early trading so as 10
recover the . nor cent dividend. II then
reacted. making small net loss on the
There was little buoyanoy among the
c0aicrs. excepting Susquehannu ana
Western preferred. which gained les per
cent. and do. common point the latest
rumor being on European trip Of imam
Cicrs seeking English % purchase control
Of the road.
Local ras companies sharply advanced
Consolidated Gas on. East River .. the
preferred IN counting that it was ok
dividend Spectators took 20 for granted
that thcre would be partial consolidation
of Greater New York gas companies. al-
though 80 was not wise 20 officially admit
MS much and hence the dcnials. The
avoragc Of changes was slightly lower
rho totri sales Of stocks for the day
amounted 10 212 S37 shares including Chi
caro burlington and Quincy S125; New
York. sus1uchanra and Western. g 1866
10. preferred. 1890. Reading 1899;
Rock Island. $50; 81. Paul. 2i7n5, St
Paul and Omaha. $40. American To-
haccO. ex-dividond. 4t0O3. Sugar. IS OF
The bond market reflected 20 q marked
degree the general confidence I'm the fnan-
cial and commercial situation. Anprecia-
tons were general fin ON classes Of sccur-
tiles. and the revived demand for the low
grade MORTGAGES was regarded as indi-
eating considerable outside purchases.
Operations for foreign account embraced
purchases o. the more prominent inter
national liens The aggregate sales were
s1T15O00.
Governments were neglected at the
board. but held lrm at Did prices.
MONEY AND EXCHANGE: Money on
call dun md easy az I per cent: last loan
and closed offered nj 1 per cent: prime
mercantile paper 30i per cent Sterling
exchange easier. with actual business I'm
bankers bills at 4S70iSTs for demand
and so 4eG0fSfia for sixty days. posted
rafoq Ac1I4cTi, and fSsfa. commercial
bills. fSJl Ear silver. cOit. McXican dol
lars 60. Government bonds firm; State
q