The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-05
PINANCEAND COMMERCE
rsE CLOSING QUOTATIONS or
moSEY.
Offerings and sales ct tho Isiehmond TO
sacca Exchange--Interpsl Revenue
cat,.etiops- Foreign Advances.

nre,r, work.. Nov. f.-The Evening
Posts London financial csblegsam SAYS.
9'fc stock markets were again stagnant
sn-asx mill near the close. when there
was a generally nrmer tone. Yves, Ans
trSifsn mines being especially bougnt.
Imerscans opened lifeless and duii, tneh
hardened on New York prices. and hnaliy
c,oscd easier again. Brazllians were Dss-
ter. Consols touched 1874: and tpen taNSe
rsy on sales OF bar gold by the BANK on
England for Germany. The Paris BouIse
was dull and the settlement rs passing
on satisfactory. The Berlin market was
weak Russian exchange was weak AZ
o. 45. agains. $3.50 earlier In the week.
To-day's business on the Stock En-
change was larger than that or yesterday,
but the losses I'm the prices quoted az the
close were nowhere near so large as those
OF yesterday Although the liquidation
has been heavy. large blocks or stock
being thrown on the market. there has
been good support forthcoming at the de-
cline. although. the general course OF the
market was downward. This course was
constantly interrupted by rallies. and as
one Of those periodical recOveries came
IN the last half hour of dealings. the days
declines are small. except In some Of the
less active stocks. Prices for American
securities received from London at the
opening here show recoveries of frsc-
tion all round. and the opening prices
here were advanced TO the London pari-
~. which was the highest prices Of the
day on the local exchange. The reaction
soon set In. and Sugar showed signs OF
weakness. Later I'm the day an authorized
statement reporting satisfactory progress
towards recovery from a surgical opera
tion by the president Of the company
stesdied this stock and eliminated one Of
the principal elements of the weakness
In the recent market. Many of the stand
ard railroad shares showed firm resist
ance 10 the downward tendencies all day
and helped the tone of the general market
The coalers showed some recovery from
ysterday's weakness. and St. Paul and
Burlington HID their own quite firmly.
Arbitrage brokers bought stocks I'm this
market for London account but this was
probably 10 cover selling contracts made
at the early higher level in London.
Nevertheless. 10 held to counteract the
weakness in the local market. Traffic re-
turns from railroads were a favorable
influence, MisSpYrl Pacific showing an in
crease OF $165,O I'm earnings for the
fourth week, IN, October, and Chesapeake
and Ohio an increase OF over $4,000 for
the same period. In comparing current
tranic returns with those of a year ago
II II pointed out that the period for this
year has two Sunday, while that for a
year ago had only one. In the case of the
grain-carrying roads. also. last years Oc-
tober business was very large, thus max
ing. this years comparison less striking.
Consolidated Gas declined to-day 81, Pull
map ,2h, and Sugar preferred 2L.
Bonds moved in sympathy with stocks
and showed declines. Total sales, 81 415-
600 United States old As. registered.
and the new as were advanced Il bid.
The total sales OF stocks were 336. 345
shares. including Atchison preferred,
1883; Chesapeake and Ohio. 5000; Chi
cage. Burlington and Quincy, 30 42j:
bouisville and Nashville. S.2S7: Missouri
Pacific, 9.3S5; Northern Pacific preferred,
1870; Rock Island 13. 40; ST. Paul %
1871; Southern railway preferred. 1872;
Union Pacific, 1850: Wabash preferred.
300; American Tobacco, $40: Bay State
Gas. ii 800; Chicago Gas. 81 1873; Sugar.
60612; Chicago Great Western, $500
MONEY AND EXCHANGE.-Mone on
call easy at 11xu2 per cent; last loan al
per cent. and closed offered at 11bN2
per cent; prime mercantile paper. $40
~ per cent Sterling exchange steady
with actual business in bankers bills at
4S5ia for demand and at 4S2St for sixty
days; posted rates, 4S3d4s31A and 4s6Q
1891; commercial bills. 4S1%. Silver GER
tifcates, 67N5SI5; bar silver, 5G% Mexican
dollars. 43es. Government bonds strong,
State bonds dull; railroad bonds weak.