The times. [volume] (Richmond, Va.) 1890-1903, 1897-04-30
F[NANCEANDCOMMERCE
the CLOSING QUOTATIONS or
MONEY.
on.r,ne..nd sales at the Richmond Tos
bacco Exchange-internai Revenue
eoll,ctions-roreign Advances.

NEW YORK. April 29.-The dullness OF
the stock market to-day has not been
soualled for many months, Dvt thcro was
nrmncss manifested In prices and an un-
dcrc,lrrcut OF strength that refused 10
Nicld TO some very ciscouraginy circum-
stances. The total transactions OF the
exchange fcil considerably below lVO.tVO
sbores and only three StOCks-ChiCagO
Cas sugar and Burlingtou-were dealt IN
10 exceed 1900 shares. The market FOR
Americans IN London also was duh n
neglected. and even the professional
traders found little 10 interest them.
There is no doubt that the partial sus-
pension Of trading was partly due TO tho
Uncertainty regarding the dimensions Ike
lv TO be assumed by the gold export move
mont. Experts differ as 10 aow far the
gold movement l. due 10 the premium on
gold in London. and how far TO natural
trade conditions. The new announcement
to-day that a further shipment Of geld
will be made next Tuesday to the amount
OF $5OO.O1o by a Boston house shows that
the fall IN the exchange rate to 4s7;5 1Or
demand sterling was not low enough 10
prevent shipments. although Il is &c. be-
low the point which cxca1nye hoIsCs
agreed upon last week as necessary TO
assure them sufficient profit to male II
worth while TO ship gold. The effect on
the stock market was sentimental 10 a
large extent. II having become a latit
during the period Of the depleted .Oid re-
serve which accompanied the last outward
49, ~ EfAl nlNNhE vi ~
announcement OF exports OF god. Not
outstanding the partial stngnaticn OF
trading. the net result ~ the DAYS busi-
ness was an average gain 81 a traction
and the upward movement Of stocks was
only interrupted by depression 81 sptCtal
stocks. New Jersey Genital was Cnr OF
these. n It declined 2M. recovering only
y per cent. The other Goa'ors showed
the most marked declines IN sympathy.
Western Union was also heavy In tfe ofr-
~ dealings, but more than recovered the
loss. Baltimore and Ohio saCgsd CT the
issue OF additional receivers certificates.
and rallied q. The very favof toie Mach
statement OF Burlington. which showed n
net increase I'm the earnings OF So 600,
aid not impart great strength 10 Tie SICK,
as II had been bought recently on Tie te-
lief that the increase would 7mo"rt 10
400. 1000. The close was quiet bu. finn.
and a shade on from fhe TOP prices. The
total sale OF stocks amounted 10 S).3lo
shares. including American Sugar REIN
cry. 1880: Burlington and Quincy, IL
600: Chicago Gas, 1850; ST. Paul. Z 600;
Western Union Telegraph, $500; Ns@ Jer-
sey Central. 6.100.
The bond market ruled firm on moder-
ate dealings. Variations In the leading
speculative issues were exceedingly mar
row. although a greater variety or the
usually inactive mortgages were dealt in
than for some time, the changes lacked
$4,000. Governments displayed an i'm
proved tone and gained slightly on lght
purchases. The transactions were S4.4OO.
Customs receipts to-day were the largest
in many days. Tobacco duties Melted
about 100000. while half that amount
was received FOR sugar. Withdrawals
amounted 20 1907 .91G03. Total for the
day. 1850. 737.67.
MONEY AND EXCHANGE: Money on
call easy at NGh per cent. last loan u.
and closed hnl5 per cent. prime nercan-
tile paper, 3ikQ4 per cent. Sterling OK
change steady. with actual business In
bankers bills at 4s7ha4s7& for demand
and 4s8hG4s6h for sixty days; posted
rates. 4s7Q4STA and 4SS12Q4s9; CONNER
cial bills. Assn. Silver certificates, tl%W
62: bar silver, 61%. Government BOMBS
strong; State bonds dull; railroad bonds
firm.