The times. [volume] (Richmond, Va.) 1890-1903, 1897-01-16
FINANCE COMMERCE
THE CLOSING QUOTATIONS. or
MONEY.
,a sale. AT the Richmond To-
bacco Exchange-Intcrnaih e'eh'o
collcctions-Toreign Advances.

NEW YORK. Jan. l5.-The feeling IN
stock circles to-day was more SonlutS"S
man for some time past. NANNY oNirs
10 the remarkably laNo'an', 'o,','trv
81 Tho foreign commerce OF Inc 'ountiF
fer Tho month Of December ana me caleh-
dar wear 1896. the steady hcitasS III Wy, ~
void reserve. and the sup,iapuh p"', ,, oa
money both here and ln LONDON. h'.c
t~9usnccs have apparently served 10
stimulate interests not only Pm invest
ments. but also IN the speculative mar,
kots They have Induced me IeSus'li]on
bans 20 take fresh hold. ana at thc SAM
limo have frightened the shorts. Inc
latter made active efforts 20 cover anu
thcir purchases. together with a fair de-
mand for foreign account helped aoib
the rising tendency Of prices. Inc mar
kef was strong from the opening 10 th'
closing OF the session. the dealings nav
ing been better distributed than OF iat,,
and the advances in prices having D.tn
general. No attention was paid 10 t.i.
Cuban trouble. which for the mohi,5'
has been relegatcd to the nachsl"rr,,Di
The upward movement Of sugar tdih,.
additional force from the annouhe' nni.D.,.Sf
Of "a further advance ln prices on H.,
and from udvic's from Washlhtl oil .i.-'
II will not Doe detrimental 60 the lhtV , i'So9
OF the sugar rcincrs. Iht 'oHt,et ,
tween the American sugar oii.t".f rr
Arhucklc Brothers. Do Wh'h 49, a.
no signs of "a lct-up. iaiicd 10 entoh Wv, W.
advance. The commission iYu' &c
portcd more numerous orders loI s'oDN7
90 outside account although IT U.s. an-
,nitted mat fIo business is still 10 large
rxtcnf professional The transactions
aqcrccafed PA lg4 shares. ana the adj
vance i'm prices was equal 10 i@1Z't per
cont the latter in Wheeling ana Lake
Tric preferred which sold up TO lAl ON
reports of negotiations for the settlement
Of mo soft coal rate war. Ihc 1rahEcIs,
louisville and Nashville. Manhattan.
Tennessee Coal and IRON western Union,
and Chicago Gas were conspicuous n9ih
I'M point of activity and advance. Inc
last-named was materially strengthened
hv statement made by ex-governor
Flower that the regular quarterly diyi-
dcnd of ~ per cent. VIII shorty hc ht-
clared. and also hv a. growing belief That
the Illinois Legislature VIII permit the
constituent companies comprising tho So
called trust 90 consolidate. The market
closed strong and at the top prices oi
tho day. Net changes show advances
Of 1sn2 per cent. Manhattan lcadlnt.
In the Spccialtics Illinois steel jumped "
10 81 Bonds were active ana strong.
The transactions footed up S2.2t9Wp
MONEY AND EXCHANGE. Money on
call easy al 1LN2 per cent. last loan 1t
H. per cent. and closing offered a. i.2
per cent. prime MOI camille paper. "' l"ott
per cent Bar silver. 64ai. storing tA
change firm. with actual business lh Oaiih1
ors' bills at $3.50 0fsj fer sixty days aiiu
4S1f5n4S7at for demand posted rates
4s5i50 1885,. commercial. bills 1874 -
Government bonds firm state Lohde
dull Railroad bonds stronger. SILVER
az tho board Was quiet
TREASURY BALANCES: Coin. Sl22-
C7S sos. currency, Sl6.62i 9O2.