The times. [volume] (Richmond, Va.) 1890-1903, 1897-08-01

TIM CLOSING QUOTATIONS or
MONET.
Offerings and Sales at the EichNond To-.
bacco Exchaugc-Internnl Revenue
Collcctions-Torcien Advances.

NEW YORK. July 8i.-Tradlng was in-
ChnCd 90 Do Crratic ln to-day stock mar
hct opening with some improvements
low-priccd stocks being IN especial dee
mand. TIC became irregular. and standard
securities Cascd OF some on roalizauons.
closing with Irregular fractional changes
either way. The London Stock EXCHANGE
btlng closed to-day as we'll as Monday,
arbitrngo brokers did nothing in this mar
YET Northern Pacific securities continued
IN heavy demand. with the preferred Iis-
lnS ~ i being largely bought by q house
ieAaIoeo a. representing important spccu,
iauNe interests. Sugar was quiet and
ne srangers and sOuthwcstcrns rather
Iaesod Room traders sold Strangers be-
Cause or tho slackencd demand for those
s.arcs on vague stories Of crop damage.
me total sales of stocks TODAY amount
ca 70 lhl b}o shares including tsapoake
snQ OHIO 1929; Missouri Pacific. bNOti
MlSsoufl l0cinC preferred. 6aub', ~
Iaul zoo. Chicago Gas 1900, Colorado
tncI ana Iron. ll1l6. Quick Silver o.oUo
chicago Great western. Coos
The stock market had advanced SO long
partly M ANTICIPATION OF settlement ~
tho tarIn. that the enactment thereof had
10 appreciate cIcCt 40 The beginning OF
the week Stocks were Irregular but
many advances were made on constant
increase iD public interest the rise over
three cents bushcl in the price Of wheat
ana the enormous daily average OF nearly
million bushels az wheat engaged for
export A favorable feature was The
railing on OF about "a quarter Of "a million
pm the imports. and commercial agency
reviews showing increased business with
western l0bbers compared with last year.
and that nearly every northern city re-
ported Improvement in business.
The total transactions for the week was
In bonds The largest in the last two
years az advancing prices.
JntaNoi ole features were the tagging
OF the iron market behind the improve
ment noticed elsewhere. and the closing of
many cotton fUI|IH. and CNnCrfnlIV tho
port Of about s4Oo0O0O in gold
Government bonds reflected the public
While Stocks ana lNbb 65nds o5S n5 5sfoySd
were active 0t higher figures notably
those OF south and Southwestern rail-
ways, owing % present crop estimates
and already improving traffic, Altogether
the market was broad and many tor re-
cords were scored. Reports Of earnings.
both weekly and month, gross and net.
were generally pleasing. regardless Of the
strike.
The scope Of the market was apprccia-
bly, extended on Wednesday and a brisk
purchasing movement embracing an ,eN-
tensive variety Of shares. eneucd. Tho
prominence Of certain shares gave rise 10
reports that powerful interest was ope-
rating % enhance values. This received
some credance. and stimulated heavy COW
ering by the shorts.
Late crop adviCcs were more rcassur-
ing. Rumors Of a possible resumption OF
dividends on certain internationally listed
properties caused London 20 repurchase
heavily Of foreign favorites and take
round amount Of speculative morteaets.
Tho anthracite coalcrs moved spasmodl-
cely but displayed considerable strength
on revived reports Of impending deals and
excellent trade prospects. Local gas
shares sharply advanced on the oit-re-
peoted rumors as 20 the impending con-
soiidatiOu OF leading companies, which
lacked veriiCatOn from official sources.
The feature of the silver market was the
Goa IN .Ha|N ID
wednesday and q corresponding fall 10
r7E here with Mexican dollars down 20
IS. an l0w-Driccd records for the WHITE
metal ON covering Of shorts lu LONDON
there was q partial recovery I'm the silver
market which subsequently slumped.
closing 517s for bars and 4j4 for Mexican
dollars.
Money on call was loaned generally at !
per cent. with some few transaction al
ia and small amounts az per cent. Ihe
supply of time money tAcceurd lhe v'
mand but tho few transactions reported
were af unchanged quotations. The Stprl-
4uR exchange market was strong, ana war
iantld tho shipment of about SLVp.p
e0ll "a norton of which was covered hF
was also ava export OF 100000 to Canada
THE Continent continues disposed 10 lih-
port eoll which goes largely into ne
Bank of France Actual business l4
bankers bills closed 40 Sls1s for demand
and 1851. for sixty days. lue changes on
two points and over Tor the WteN snow
L"tItl -iIl. .N t"f ..i'' N-''-l.'
lCht stocks showing losses
hen cr-r-cferized bv wide expansion
in dealiree which included numerous OF
The usually dormant mortgages. which
rrrfuafel materially The market gem
oranv displayed aggressive strength on
tho dovcIoumcut of pronounced inquiry
f0r Investment and Speculative account
which embraced an classes of securities
Purchases fDr continental account were
ON "a laree scale. but some of tnc active
t.e,,rs rr.r. erfG Tor FOREIGN account
Oi The principal advances were. Mis-
souri, Pacific consol Gs. a. Per cent; DO
c0ll4teral SIS e. DO. 3s 4i3. Flint and
rrre Marquette Js Port Huron division
Tl. Kansas Pacific consol trust receipts
~. dol SIS of 'Ql trust receipts. 3. ST.
paul Al and ~. Montana Central 6s, Gi5,
Peoria and Eeaaem incomes and Iron
Mountain stamped 5.s %, do. general D -
Short Line incomes. Series a. 90 10. con 63l-
s,s.,,.,,,-re ar5 western general and
Union l.H'IIt fINhiIh lNlN ' - "t s'"i-N,
tNN NaN." I..NNNA...'t ''I''l t'''N N'..A t.t'+