The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-12

run CLOSING oUoTArioNs OF
mONbT.
osers,g. sales at the Richmond To
bacco Exchange-inter"ai Revenue
coilections-roreisn Advances

>.,,,., xopK Nov 1.-THE Evening
49, ondan financial cablegram sayn.
The stock markets were pu'SS. $500, 49, rise
to-day The feature was tnt isi ..s.s,,asrt
~ as1..ois and IA other best lnFestmeisA
"a y 90 -, ,rnnino Investment buying. Raj
frs arc rcvivlng. Americans opSnaea h nar,''
hut she the rise induced P,,1. s,.'hied YOU
fhc recent buying as ! nave cAD'vtr, lii,
III ',,cn tiniid and cautious. fnahy
sforks came forward freely from , $3.50
York and prices c9iiSsqo s,ui hoomi,g
10 canada Pacific was fat parity oil,,. Wy
new issue Of I,OOo.OuJ pounds IN cop p,p.r'
,sbicb N ig understood have Dtcn ul.uc
ryriften. Thc market was again Doi 49,
49, me bank to-day. The Paris ana Der
lin markets were steady.
stocks provcd unable 10 hold the gains
OF yesterday and prices TO-DAY iesri hSs wines
ont AN OF yesterdays gains. het ueI, ,r.s,
extending 10 point or over III ~ ssSo
number OF standard actSy S" 20. y -,o,do,,
decline OF American securities III ls4 lll',
before the opening here caused WeahlSss
at the outset and London was Also ptn n,
an active seller IN THIS market az "1y.
After quite "a strenuous resistance 10 the
decline iust after the opening the market
gave WAY and with the exception OF pc
RODS Of dullncss and stcadlness the couIS e
OF {gn,icr 81 The dav. The London selling
was quite "A factor IN the dechne anu tiS
revised estimate OF yesterday oeclsi1 ,
relate division OF the Supreme Court az
Albany was also a depressing influence,
Apparently the conviction IN wan stIeeI
that the law had been declared uhSon-
stifutional obtained until To-Day ana
realization that the validity OF the IA"
had not been passed upon ana that ILL., liie,,
dental opinion expressed IN the utClSio"
rather pointed toward uphOldlng us ~
fdltv materially weakened prices. lnls
Weakness WAS especially manifest IN tne
coalers and the industrials specialties ana
had something TO do with the sharp ue-
cline IN sugar. which AT the extreme
amounted 10 five points. Sugar was more
over weakened by special consloeratlons
one OF which was the probability that the
control Of the Hawaiian crop was ABOUT
10 pass to its competitors. There was
also some apprehension as 20 maj ne-
cision Of the government TO the question
OF cOuntcrvailing duties on bounty sugar,
which was the subject Of diplomatic ne
gOtiatiOns Dealings in this stock were
large and the fluctuations affected the
market by sympathy quite strongly Con-
aOlidated Gas also suffered one OF It's char
acteristc slumps Of 81 points 70 100 SUI
gar touched q price to-day fully point
lower than it's previous low point In the
present movement. but II rallied quite
strongly "A point in the closing transac-
tons Peoples Gas. the successor COM
pany 10 the Chicago Gas, was markedly
heavy throughout the day and closed with
n net decline Of nearly IL. The South
westerns were weak. Notwithstanding
very favorable showings Of earnings for
the first week In November Tor MISSOURI
Pacific showed an increase of $4,000 over
the corresponding period OF last year and
Kansas and Pacific an increase Of near
Nv $4,000. c. and o. was the only rail-
road 10 report a decrease for the first
week. which amounted to Sl4243. The
railway list was weak throughout and net
losses OF a point or upward are shown
all through the active list. The dealings
IN sugar we're almost onc-fourth of the
total
There was a falling Off In activity in the
bond market and prices declined In the
latter part Of the day. Total sales. 81 40
600 Stocks, PSI. 40. total sales. including
Burlington. % 705: Louisville and Nash
Vile. II las: Southern Pacific. 1910: North
Pacific s.435: Reading 800; Rock ISL
and. 10 2O1: ST. Paul. 2S.790; Union Pa
cihc $3.50: American Tobacco. 1870: Peo-
pies Gas. 17.1SO. r. G. l.. 1910; Sugar,
65.59O. Chicago G. W., s.G05.
MONEY AND EXCHANGE.-Mone on
call steady az 1ilG2 per cent; last loan,
.. closed 1kn2 per cent; prime mercantile
paper 3iL0f2 Sterling exchange. firm,
with actual business I'm bankers bills at
q .s5ila4 S5K. for demand and at 4.S2ihd
4.s2& for sixty days; posted rates, 4S3i5
and S6iA Commercial bills, 4.S1A Silver
certificates. 57iIM5Si2. Bar silver. 5I%.
Mexican dollars A. Government bonds.
strong; State bonds, dull; railroad bonds.
heavy