The times. [volume] (Richmond, Va.) 1890-1903, 1897-07-15
FINANCE AND COMMERCE
EBE CLOSING QUOTATIONS or
MONEY.
Offerings and Sales ~ the Richmond To.
bacco ENchangc-internal Revenue
OBSERVATION-DISCLOSURES Advances,

NEW YORK. July 1.-The security
market continued 60 exhibit strength on
widely distributed dealings. Tho praue-
crs, tho usual market barometer. Oh laN-
oraelc crop adviccs scored marked gains.
81 taui common crossed 81. which price
II has not touched I'm ten years Ihcpfc-
fe rrcd also made a new record. reaching
l1oA. whilo Northwest preferred cQualicd
yesterday TOP price record Of l65. Lon
ooA NhtA ltcttQly changed ls attitude on
ST Paul to-day from a. persistent seller
10 a buyer and marked 10 zip 3 above
the New YORK equivalent at yesterday
close. mis- was regarded as forelgn Cow
tfinS or shorts. The C0alcrs Wakcnco UP
from their accustomed lcthargy. ms
was largely iu sympathy with the fhlla-
oclphia market Tor Lchigh Valley. lie
hcction overnight had convinced the
traders that with the disappearance OF
LeAigh Valley as an independent FACTOR
iu the coal market this trad0 would DO
managed ln such manner as 10 produce
the best results for the Interested cor
poratons. as lesser companies Would mo
DO profitable TO work in sympathy iathcI
than assume a. hostile attitude lnur,
they argued. would be acComphshed q
harmony where previous sch mes or the
past. including co. central selling agency
and Reading lease OF other companies
had failed. Then the sOft-coa strike 1T
DO continues. Will cause an increased nt-
moud for the hard product Susquehdnna
and Western preferred. passing 81 easily,
Ted tho advance BOO tnls group on Iuhloi7
gudullly becoming more definite thal
the stock was being purchased Tor con
troi by another coal road. Wheeling and
Lake Erie preferred and Cleveland Lor-
raluo and Wheeling preferred were ull
also imurOrnl This tho action OF the
biWminoue coal roads indicates belel
that the strike viii rehdbllliate the enuie
industry.
ratoiy rose and foii on more or less ilN-
orallc news percOiatng from Washing
ton The delay in announcing Hn "bI tN-
mout lv tine conference committee was
taken ae confirmation of opposition on the
Dart Of the House leaders of any NlelnlhE
a. the Senate Couferccs. Tho STOCK op.l-
cd down about point tlatta Wlu.ll'
Fud closed nf about initial inquiries.
Friends of Tobacco advanced 10 81. ana
he scrip %. giving os reason tnat the
stock had not 1't eunC upward Witn we
general movement me 'o,'lu ail. l
were STRONGER. The market closed as il
opened. active and strong nc q MODE ieit
general Improvement more h9llNir
among the suecIoliie- The toi sals7 81
raeo Iuriington and Qu.ncy. i.ooJ' ~"
York. Sus0uehanlh ana W'.'I" a.s.
forred. 1895. Sew York Central T..
Northern Pacific preferred. NWl. Lrtg
me fIG0O. Rock island. 1851. ST. Paul
4io2j. American Tobacco al,l'e, chicago
Gas. 500. Sugar. $50 is5.
Tradine iu bonds was quite animated
tho aggregate sales slightly exceeding
was conferred in the l0w-priced SECURITIES,
with 90 decided inquiry apparent lor lNe
Oregon Short Line issues Liens or re-
organized properties. as rule. nave come
into fav0r. and noteworthy appreciation
% values in these mortgages have recent
d. boon REGISTERED. The market exhibited
quite ID hardening tendency with the
changes substantial in number OF in-
STANCES. Tho principal gains were Dcn-
Yer and Rio GrHnde 5s a. per GEM. =
Orergn short line incomes. 9elles a. ~