The times. [volume] (Richmond, Va.) 1890-1903, 1897-06-29
FINANCEAND COMMERCE
rHE CLOSING QUOTATIONS Or
MONEY.
or.,,ns. and salcs at the Richmond To-
bacco Exchapgc-fnternai revenue
Co,Icetious-rorcien Advances

,y vopk June 2s.-To-days MAI
NV ,,,tics was marked by the latsc
Volume of transactions ana thv - y, ,he
nation of the dealings as wen - ovc-
"a,~t strength of the upward NOV
~ ~ nrices. Tbs marked exceptions 10
a,aafcst strength were the acuNe
"crs which have been recent leaders OF
no advance. and I'm when 'h.Ie We"
heavy realizing to-day. ms fo"i~7
80 10 "A large extent by the professional
'icmcnt and represented simply a trans
Tor Of holdings from stocks "hiVn noN'
moved freely upward TO others INA, n"sc
Jagged an the advancc their calV"i" ~
evidently being that the anHanCc
fer was made on a. very large sca'e from
burlington to ST. Paul. The latter STOCK
hasnotmOVcd as freely as the other sr"ns-
ers. and EurlingtOns relative pii.c no
come ND from below that OF 81. faul 10
several Doints ahead Of ~. This has led
professional traders 10 take .tncT ptonsS
In burlington and 10 transfer thclr nom
ings 10 81. Paul. The jump IN the pilce
OF ST. Paul at the opening mVltcu svHe
wales of The stock by the arhitrage brokers
for london account. which served as a
partial restraint on it's advance. Slmliar
manOcuVrcs TO this transfer "elt ~
rutcd at other points in the hst- 'onsid-
srfng the proportions OF TINS Iquludivhr
The priccs of the stocks effected were SIN
gularly firm and steady. ana even strong
in some cases. \ rcstcttonafN tendency
was induced at one time IN the norhiis
early. and the ever watchful bears again
believed their opportunity had come anu
sold stocks. some prices reccdlng DeioW
SATURDAYS closing level. This was no'a-
bly, the case in Burlington ana Northwest.
The total sales Of all stocks were near
ly 49,. 600 shares. which mas not D'eh ~
cecdcd nor equalled since the three days
following election last fall. Beside the
extraordinarv volume Of the transactions,
their wi. = distribution was n noticeabie
feature. Their dealings were disseminated
all through the active list. and even Inc
soft coal roads. whose values are at the
lowest ebh as a group of any on the isl,
came in FOR a share OF attention
Hooking Valley enjoyed a rise from ~
10 33x. Sugar showed very aggressive
strength an day. and gained 3s net. Chi
cagO Gas was also very strong. ana al
vanccd 27S. The only peculiaritics of the
market otherwise were the stocks whose
prices declined. Net gains were the rule.
and extended TO a point or over in Brook-
Ign Rapid Transit 23 in Lead. General
Electric. Chicago and Eastern Illinois; I
in Long Island Is. Denver ana RIO
Grandc preferred. Illinois Central. Ore
gon shore Line. 81. Pau and Rock Island.
and +. G. and ST. Louis preferred. East
River Gas and Consolidated Gas. 2N each.
Colorado Fuel lost u, with subsequent re-
covcry. Illinois Steel declined "a. with a
rally on account Of prospective labor
troubles.
Bay state Gas. Norfolk and Western
preferred. and 81. Louis and san Fran
cisco first and second preferred are also
down a fraction.
The total sales Of stocks to-day were
f33. .2S2 shares. including American To-
hacco. 300; A. T. and s. f., 100; Amer
lean Sugar Refinery. 81. 400. burlington
and Quincy. $500: Canada Southern, &c.
600. Chicago Gas. $500: General Electric.
$3.50: Louisville and Nashville, 10000:
Manhattan Consolidated. 1000; missouri
Pacific. 600: National Lead Company,
= firla Nnrfhyacf = 1ntF NOTfhgTn BHClIg
preferred. 500: Omaha. 5000; Reading.
l1.OOO: Rock Island. p 1900: St. Paul. %
400: Western Union Telegraph.. 1isOo'
Southern railway preferred. IL. 200.
The brisk demand apparent for railway
ana miscellaneous mortgages was ."nect-
ed in substantially higher prices Tor many
issues on transactions OF S2.l6O,ovO, OF
which about 81, OOO. 900 was dealt IN during
the first hour of trading. The purchases
Of the ~high-gradc securities were charac-
terizcd by material fluctuations. 81. PAU
gold rs and G. G. n !. registering an
extreme rise Of 4 per cent. each. Ihe
gains elsewhere i'm the marked were less
noteworthy. Round mounts of the high
priced liens were taken for lhNcstnSht
end speculative account, with cohslu'raple
confidence. with the foreign interests an
sorbing offerings Of the internal proper
ties.
Governments were quiet, but displayed a
firm tone. with some issues improving
slightly. The sales were S2,Vvv.
MONEY AND EXCHANGE: Money on
call easy at 1n1A per cent; last loan AT
l per cent; closed at lnlit, per cent,
prims mercantile paper, 3ni per cent
Sterling exchange weak. with actual bust
ness IN bankers bill AT 4s7niSIA for de-
mand. and at 4Ss4issl4 for sixty daEs,
nosted rates. 4S7H4S7A and ISsu4Ssl2;
commercial bills. ISL. Silver certificates,
GONaGO7.. bar silver. GOss; Mexican dol
lars. AZ. Government bonds strohe;
state bonds dull; railroad bonds s'roHs.