The times. [volume] (Richmond, Va.) 1890-1903, 1897-05-08
FINANCE AND COMMERCE
THr CLOSING oCoTATioNs or
MONEY.
oacr,pes and sales % tho Richmond ros
bacco EAchange-intefna h'''nue
Collections Foreign Advances

NEW YORK. May ..-Io-cay marker
- Stacks continued extremely mar IoM
ana fo .ie last degree professional WIN
noihire .n So fl1t icutcic" any be".iN'
CONDITION or influence on values me
Ir'Ilmr, wore even ig smaller volume
sf.n Yesterday. and western Union ab-
<--h.t moro fhau fifth or tho total
dealings nearly aiNuI OF us suait7
.h.rr.re hands during the day. The gem
ernl f.si moved over only a small trac-
fi0nlI RANGE and many stocks remained
totally inactive during The day, the large
majority OI tnr transactions being us
tr.Uutcd among rev stocks. a tone OF
,ur.e sfreueth was Impaired 90 the mar
l.f Ia Times and most notably. strange
10 rav Immediately after The announce
mont az an cuEagCmcnt Of SlOWOOO ln
gold for shipment 90 Europe tomorrow.
The sfrtI.fn was most notable in tho
Cranecrs. with tho exception OF Omaha,
which w.e one az the weak spots in the
iunrkei The price OF the group gcrcr-
aiiy was tnus carried up 20 price equal
L. or above last nights close. Reports
seeding ln the Northwest was the favor
SIZES influence on these stocks. and some
small net gains were shown in this group.
The Icncral railway list. on the contrary,
WAS of au average fraction as The result
OF The day trading The COalcrs also
showed cessation OF yesterday
strength ON largely diminished dealings.
other movements were almost Whoill quo
.
showed themselves much urmer asainsl
bear attacks than yesterday, althouhh
fln movement OF Western Union was zee
c.dediy crratic. Tobacco jumped per
cont 20 ~ ON manipulation. Aneilc"n
Spirits rfd. gained 13 on me day as
result OF the favorable settlement OF some
Old claims Sugar moved DO am citdNs
manner on conflicting rumors. ana closer
with small net change Inc iolai SditS
~ stocks amounted 10 ii11l6 shares IN
Guiding American Tobacco Company
6."uO, American Sugar kennefy, "'ly,s
burlington and quincy - 900, ChiT,g"
Gas. 1880; Northern PACING; eVuE
Omaha. 21OUO. ST. Paul. 1900, Western
Union Telegraph. 29.lWO.
Tho bond market vihrated somewhat
irrecularlv. with liquidation Erie prior
lien as tho feature. The bonds sasteo
3 per cent. 10 so on the announcement
Of the dissolution Of the agreement win
the underwriting syndicate 10 retain their
holdings. The changes in other issues
were trivial. with business very iight me
total salts aeercsatng only S'-'.VWV'
Governments were slightly castor on pro
Mt taking. The sales were Sl1O0O.
MONEY AND EXCHANGE: Money on
cal easy at ilm4 per cent. last loan -
closed offered mt hNh per cent? prime
mercantile paper. 3iz14 per cent. Sterl-
inC exchange firm. with actual business
in bankers bin at 4S7hnis7ia for demand
ana at 1NIniS6If for sixty days posted
rates 4SjLN1S7 and 4Nsn4SSi2, CONNER
clal bills 4sj0ls5a. Silver certificates,
60is0G1; bar silver 6si2. Mexican dollars
67H
Government bonds easier; State bonds
bull; railroad bonds weak.
BANK CLEARINGS: The total bank
cleariurs during the week i'm the United
States were SLIGO s74 So per cent Of
decrease. l6: exclusive OF New York,
Ris3, 223 O3j' per cent. Of decrease, 5.s.