The times. [volume] (Richmond, Va.) 1890-1903, 1897-08-04
FINANCE AND COMMERCE
THE CLOSING QUOTATIONS or
MONLI.
onorings and sales AZ the Richmond To-
bacco Exchange internal Revenue
Collections Foreign Advances.

NEW YORK. August 3-Thc market
for securities received further poweflNi
Impetus To-day. reaching a. higher leN'
OF values Buying was animated. am" "
large volume in an departments. not org
ri tho stock market, bat OF the ROW"
market The confidence OF the public in
lhc revival OF business and impioN '",'.
in values was plainly manifest h tn
large Commlss iou-hourc orders 'N'''.'
on tho floor those being in suCl hu,
hCrs ANA az such Importance "a ~
Whtim al attempts Oi the profess
npcr. TORS Ia cncck thc advance. ah" ".
rinulato the market for fcacuoh. -,''
thD rnNe was such ls 60 push tli'
hanoomeui OF prices. kopol'e o el
prospects continued cncoufaEliN -. IN.
nuartfrs. ond the continued rise on I.,c
lu ttc gr,iu markets f'u't'tu t' 49,,
dcnce of buyers that eooo- prices
90 ho realized ass soon af inc ItI'"i
railroad traffic were iHsurd. "' w.,
ward movement oi mrich ihui7e
rcDorfrd Go hc lorec for tNc season, '0
Ihaf tho trains carried westward as wen
ae those coming eastward are prohuc.hE
r0vcnuo for the railways. The buoy tN',
30 tho industrial stocks was iN. i'..,''
of the hricht outlook Boa traao ln lnt I.,i
ticular staplcs Boo which these corpoi
lions deal The gas companies fSlrtt.iif
urro henedtcd. Consolidated Gas ifaaih-
with "a net gain OF ''s points. n' 'N
change situation WIS also nurh c''al'H'
.ne exchange breaking tn ~ Tot Nith'
BILLS and 90 ass, for sixty DAYS. The de-
rlIrfrr tendency is due 90 the free Of
farinr of Grain Bills which are likely 10
Increase from This time ON. in view oi
IfIe fact further exports OF gold are OK
-rrdingly unlikely 90 occur ano 'nt 'u
Quail rcfuX OF gold VIII probably nefln Ut
100 distant day. Tho heavy advance ln
fnD balance to result from f0roisn pur-
.la.. of grain is considered 10 Doe the
rnnt. ~ tho dissemination of foreifn
exchanges GO invest iu American sccut'-
Uoe ana their disposition 90 take inelf
profits hv selling these securities n lNe
Sow York market Sales of this cnat-
actor were larrc to-day. especially OF
Northern Pacific preferred The follow
'ra U.f OF advances indicates the proper %
lion nf the Improvement. Consolidated
s.e -.. East River Gas. %, Sugar pre-
Grr.d GN Sugar Brooklyn Union Gas
Chicago nGe. General Electric. In 'l'dc
gae Oregon Navigation. ST. Paul ana
Duluth both common and preferred ana
Spirits preferred . points or over.
Total sales to-day was 40 ~ shafc-'
Including hfchieOn. GG.5. do preferred.
5000. Chesapeake and Ohio 1880. Chi
rarD Burlington and Quincy. -ANN' loo
r O.. and ST. Louis . 22o; Missouri Ia-
rIfr -2~5. New Albany ana thcato Pre-
ferrrl N 500. Northern Pacific preferred.
.Gsfu. Northwestern. $3.50. Reading.
e. fou Rock Island. I'D 100. 81. Paul, 4lH-.
Southern railway preferred, DID. mon
Pacific 1850. American splrts. ID .,'''
American Tobacco. 3i.ai0i 'nlcaIo NH4'
oO 900. General Electric. Doll sugar.
III f0. Western Union. 1860. Chicago
Great Western. II &'2.
Trading in railroad mortgages was h
largo volume with substantial variations
Ir many issues. The low-pricod securities
,.era eagerly sought for bv domestic and
foreign purchasers The general tone
v,4s very strong with special influence,