The times. [volume] (Richmond, Va.) 1890-1903, 1897-07-10
FINANCEAND COMMERCE
THE CLOSING QUOTATIONS OF
MONTY.
Offerings and Sales at the Richmond To.
bscoo Erohancc-Internal Revenue
Collections-Foroigp Advances.

NEW YORK. July 9.-T'hc result OF the
day's trading IS a small average net gam
in tho price OF stocks. But the larger
part OF the sales during the day was mace
at prices considerably below yesterday
close and u was only IN tho final hour
that covering movement stincncd prices
20 a level above yesterdays close and
point or so above the low level OF to-day
In many shares. There was no news 70
account for the general movement OF tho
market unless Il was tho continued good
prospects or crops. which sustained INC
Fraucers. Tho strength OF DesMoines ana
Fort Dodge and Chicago Great Western
rontinucd. and was attributable 20 a De
lated share in the Improvement when
has heen general in the market for sew
fr0l weeks ana which was prCcipitatcd
ny market operations Of inside interests
~ those properties. Pacific Mail was very
active and notably strong on the reported
Intention OF tho directors 90 raise the
dividend rate. Omaha was favorably af-
fcctcd hy O. story that me proposed
blanket mortgage FOR Sl65 100000 autho-
rizeG by tho Northwest directors Tor = e-
funding operations is 10 be applied 10 the
rofundng o. Omaha issues 80 we"
through tho mnrling or inc Two IOHee
This rumor affected Omaha more marx
ciiv than 50 asa NorfhWcet itseit, huu ih
fact Rovc ga impetus 10 prices IN t9s
81 ono time durInc nc Gay curing re-
ports chat frs officials hau etfuleU GU
trolling interest ir the Afmsh f.t.5
The stock reacted sharply upon ochltl
o. this report from an a.oep',I , ,'r rni',~b
in both New York Central ana i-tiLls"
Valley affairs Chicago cas- was Nitof
~ attacked. and sold down rs below Jas,
nights close ON report that lho pie. ~.
consolidation included an increase o. , w.
bonded debt luf practically all inc il,
w. er.,rrr.f ~rrar was the object OF lle
usual food ~ rlUors regarding t"e pr"
tenfion or tho tariff contest but inl.o
above last uiehts close nearly am ~
ana closed with "a net gain or a point
rising sharply ~ tho close on coNsI'i .t.
FThr market was almost wholly mace uP
81 -rrh enorial incidents az the aroFe
Comm .on-hCuse buying w. o ~.
factor. and cXcrtca q marco h.,,t,
either vpov. There was marked v,lllIL.-
fion in the volume or oeeilhts ~ ,,-t a.,
So Pail burlington and PACING MAN "D-
rorbed about half the total ....r,
Tho total sales 81 stocks to-uHs 49,.
KS coo shares. including Alneil.,a 49,.
pefpirr is 700. burlington ana Ru.r.E
7s1OO. CHICAGO Gas 200. New pIH
Central s go. Omaha. t1v'i racine MAN.
u 500. 81. Paul l3NH- . g. a.. ,.,sa
a brisk inquiry rreFaiiea ~. 1.t.i a.,
s1a- Grade bonds and some suhstantih I'M,
,,,.o,-lrr,or,fe wore recorded. Tho Rehei.
r,,rlef olro made slight advances, W.tle
more cheerful sentiment per riltu w.
dealings than f0r some time ne "--''
gate sales were 81 $1,000 ,o..,-
Government bonds wer@ slene az ooo
ali around. The tranaocttcns were Hl"V'V'
MONEY AND EXCHANGE: Money on
oov caev ~ H. Ter cent. last loan NJ 1't
- ,,< ~ioraf ~ 1TlN per cent? prime
Itli-,,.'fti, raror a04 per cent. Sterling
n~cScrro firm with actual business pm
hSnkers bills ut ss704slh Tor deintii'lsi
, ana q, lss,ll7 fs-ft ana 4eS64SSis; CONNER
@,ei Sins 4e1 BAR silver. Cow; MeNIce,h
5oii,rs a. Government bonds weak