The times. [volume] (Richmond, Va.) 1890-1903, 1897-09-29
kNANCE AND COMMERCE
rn CLOSING QUOTATIONS OF
aoNgr.
Bnsripgs sad sales at tho Rlchmoad TO
bacco Exchange Internal Revenue
Collections Foreign Advances.

NEW YORK, Sept 2S.-Tao Evening
Posts London financial cableeram SAYS
Tho stock markets were quiet to-sliy'
attention aVing confined 20 the aftahs..
,nSnf o. tic acs ount at settlement. but
tire tone WAS better than for some tu1,o
past. and the markets looking gehoia'iy
healthy. This rise in investment 5e.c 1885,.
due, due to 70, the ,es sSss SIX SIX .a %
Enriish tr3a 49, HI 1er f7o0O,09 were
allotted t6.day W ~ Average Of yer
cent when assisted this nation OF etsie.
money COntaelous )n Ainer'cSals, nm
.ptff4 per cent The zone was bocd s nu
there was = disposition here ic ~. - lU
the new account. hut the New vIN ~,
INK tonight surprised ana diSc"ol.s,,
Tho oncrgfors and prices closed W'Nr .
fana,ia Parlfics were specially strong. rs
were also grand trunks. Mines W .te ~,
finctly better Unless sOneinht "'.t'',
seen occur1. the new accounts niU ~ -
fairly active IN most markets. l,"t rr ~"
xvae oYera.l fo-dav as low as ,tf. SVfs'l.
per ounce but too much stress i"1, - /
ne laid on this decline. as tht3c .f' ,r,,,'
BUYERS or sellers, 81 the n,1., ,. tnc
Paris 9Ourso was duil. the action OF ~
Government in regard 20 silver Is olcrSN
watched The Berlin market WIS s'e""S'
To-day's market for stocks was as ,,nI
ishinrlv dan al times and the to''
,.oi,,n,e ~ transactions as low as 'n"t
Of Yesterday and was smaller th.h i lu
manth months. the total sales huih, s9,s
81
80. ..,''t.,d n,.fc duflnCes could not be as
cribod TO IN, Jewish New Year hohuiN'
II 81 I'm fact. obvious mat ttic AiIOt o.f
tnc interest which has ntcn so pOwe.iut
= fS,rtor in ire recent buii movement has
rcflred from tho field for tmc. anu
me orders through cOmmif@on-ponS
al. medium through which me pubic q
,.roa onaraIce have shown q correspond
tcf f,iiinc of There are some who he
iis,,e that Tho large bun operators nave
aircadv llQuldated their holdings emu
falyon their profits. Certain II - that
there was no evidence lu to-daNS maj
irot ~ any heryv offerings OF long stock
The recent coospicuOus bulls. neVtIthc-
less seemed 40 aeouiesce anu ol"reu ~
tie opposition 10 tho bears. fIac'',an 81.
aB OF the professional room traders nave
Turned bearp and their selling is called
short selling. Tile most vigorous ATTACK
was directed against the cOalefs on 'he
assertion that The anthracite companies
have l,een exceeding The allotted oH9ut,
ord that there was no increase In demand
that made any advance In the price OF
coal likely. Some Of abe prominent lhons-
trials md the graneefs were also uhuel
pressure. Whatever spurts OF AclNuI
were shown the day were on a DOWNWARD
course OF prices. and any steauying ol
The market or recovery brought intense
dizziness. indicating me weak '.,.''i'6
Conditions. nevertheless, an ronuhueu
favorable as pointing 10 n further IN
rrensc In values of property.
London sent higher prices at the OPEN
az
presumably TO meet the settlement which
was i'm progress there. The report lhat
The Government had assen1ed - the Tore
closure sale OF the Union Paclhc on the
terms proposed by the REORGANIZATION
Committee, with only shgitt lnodlhcaVon,
created a demand for the stock OF that
company. and served 10 steady the lr'
generally To some extent The develop
peut of interest IN the money situation
was a hardening tendency OF domesuc
exchange on New YORK at some western
Centres indicating some relaxation on
New York money rates. The steadiness
of foreign exchange Is attributed 10 the
covering of recent gold importHtions AT
San Francisco. The net loss on the day
extended from a fraction up 10 TWO
the total sales Of stocks to-day were
373.5OO shares. including Atchison pre-
ferred. II 9lJ. Chicago. burlington ana
Quincy 23 Az. Louisville and NashNllie,
1890: Missouri Pacific. Loo; New ofh
central GIL: Northern Pacific preferred,
IL g4S: Reading. 6OJJ; Rock Island. St4Vi
ST. Paul. 4O.TOJ: ST. Paul and Omaha,
peso: Southern railway preferred 3V1'
Union Pacific. 55.sSs: wabash preisrdea,
r. $50: Chicago Gas. 23,j25. Sugar, @b,34lj
Chicago Great Western. 10,245,
Bonds moved I'm sympathy with stocks.
t0tal sules we're only 81 1OOvV.
MONEY. AND EXCHANGE. Money on
call steady at 214aS per cent last loan
at . per cent. and closed offered at 21sa3
Der cent: prime mercantile paper, 4lsu1
per cent Sterling exchange steady, with
actual business in bankers bills at 4S9M
ASjIt for demand. and at 4S2AO4S3 FOR
sixsv davs. posted rates. 4S3l2U3S4 and
dNiGfSlpL: commercial bills. 1917. Silver
certificates. 5i1n5Oi4; bar silver, O4i2'
Mexican dollars. I2lA. Government bonds
finn state bonds dull; railroad bonds
weak.