The times. [volume] (Richmond, Va.) 1890-1903, 1897-07-17
FINANCE AND COMMERCE
THE CLOSING QUOTATIONS on
MONEr.
Offerings aud Sales AZ the Richmond To-
bacco Exchangc-internal Revenue
Collcctions-Torcicn Advances.

NEW YORK. July 1G-The stock mar
Rct. which dropped q little. looked mp
somewhat to-day securities being strons
and fractionany higher. whlic usually
sonon.bulont priced stocks were aroused
by a fair demand. The mcagrcncss OF tne
dealings. however. indicated but lacka-
daisical interest. or cautiousncss IT you
Will Besides rcitorations OF wheat pros
poets above the average. there was luii",
ar evidence of diversified foreign ocilal9
for our cereals dcnoting shortages ahiol1
and rather confirming tho snpno.l ,lon
that tho European requirements lor on,
wheat VIII Doe enormous ana prom .,tc
rouumcrativc prices Tor noih CROP. I-
unprecedented exports of mcrchahuNg ~.
the year ending Juno Both as sel - 49,,
in tho Government report. was q hop,4D'
slrn. as was tho fact Chat me hiAh p'i,,'
current Tor active railroad rin, p.
companiod bv but little local hq9ioall 'i''
Prices tended upward in The early 'i,u-
lnr. accompanied hy some manu- uii 'l.,l
IN certain cheap epcciaIucs luz ~" -.
received "a setback when thcF Nv"s"1 4"
After % brief reaction inc lnai
etoadfcd. and the best figures WeI' ~
tanned in The iatc tradins S3lI' e,.-i,.,i
inquiry for Investment s,cuI w. ,iirlese
the market OF some 81 iis No"'o' i'0'0'
sl0nnl appearances .. a..
Sugar failed 60 reflect pm. .,s7 ae '',
Circumefaufial reports iNal W. W., y,
movement in the senate ifch l"Fvia"
"a tbo Uopee schedule. the stock vaciiinl
ing within m narrow range Tor so crraiic
security. and closing ~ litcuunal o.
vance louisville nd Nar"Ninv l"oo mo-,
closed az The TOP. arbiiake nVuso $3.50
mail amounts on the rise. me ADVANCE
81, H. 1ittrl,,rr O. q. and 81. LOUIS
rreferred and the fractional rise I'D lNo
common was oCcasioncd by lhe Junn.
statement showing that tne Ky 49,
month OF last year The rise pi ft1 ~
ronf Ira East River Gas was accounted
Tor subsequent 60 the market ,lose 10y
an Official circular annonnCht Au' pu'
rosc of the Equitable and East RIVER
Gas Company 90 unite and iorcsnaa9Wcu
lu these dispatches last night bloohyu
Union Gas showed symraiheuc rise on
Cd point. with Consolidated Gas the OILY
company not eligible 20 come into con
.oUdafi6n lost "a fraction. American
Spirits attracted attention 10y some 1c-
fivlty. and gained fractionally lot inc
DAY. Other stocks that varied a point or
two were Brooklyn Rapid Transit. Metro
politan Traction. Great Northern, t"o
points. while Rubber preferred iost
point. .e-,
J5G57O shares including Atchison Pre-,
forrod. 0.4GG, Chicago. burlington . @Iu
Outrcv B. GIG. Louisville ana NdsnFlIiSf
- e3s: Reading, boo ST.. iaui i2"tO'
American Tobacco. Sl.Jpn, sugar, 10. "a"
' Trading in bonds was in "a large volume
and there was no abatement OF the as.
Crcssive strength that has marhe9 IectB1t
fraeins. Fluctuations we're usually wide
I'm some cases and were principally in me
direction OF higher prices improvements
in the moro active liens were restricted
to- fractional bounds. but advances among
the usually inactive securities ranged up
10 3 per cent, with Peoria and Eastern
nrsts leading. The aggregate sales were
governments were quiet but decidedly
nrm.
MONEY AND EXCHANGE: Money on
call easy al l01h per cent; last loan j
ger cent and closed az per cent; prime
mercantile panor. $40 per cent Sterling
exchange steady. with actual business nm
bankers bills NJ 4S7Qls7h for demand
and at 4S604SG4 for sixty days; posted
rates 4s7Q4S7l3 and 4sS04Ssis. CONNER
cial bills. 40. Silver certificates, tolsW
COS; bar silver. coz Mexican dollars
4G7s Governments bonds firm; state
bonds dull: railroad bonds firm.
BANK CLEARINGS. The total bank
clcarincs I'm the United states for the
week were 81. O32 f7911i. per cent IN
crease. as Exclusive of New York, Siie-
sU1 $50. Der cent increase, Sd