The times. [volume] (Richmond, Va.) 1890-1903, 1897-12-10
FINANCE AND COMMERCE
mn CLOSING QUOTATIONS OF
MONBI.
Offerings and Sales at the k'ch"o"" 10
bscco Exchange-tnternni "e'e""s
Colieetiops--ForeigpA Advances

NEW YORK Dec. 0--The bnll ciemcnt
mef Win come formidable obstacles IN
their efforts TO advance ptNen VI .rs
to-day and tho creates. pn' Va
success was achieve .,ai,Ia,ton in the case
IL these sfocks was very open and paipa-
BILE but some substanuaI kas 49,
Ohown by railroad STOCKS on lrs sne M -, p"'
~ Increased earnings. ihere were
nu,nher "a stocks also which were per-
ssstentlv heavy In tone, ana required Viz
orous support 10 prevent the spteaa ol
weakness through the wno'e inalN'' -, LA
vas notably true Of sugar. which ruleo
sor some time below yesterdays closing
nrico and fell at one time TO the cxteIt
~ N nolnt London was a very mrs.
seller Of stocks on balance In tnis mar
w. and the volume OF sales on that at
"onpt Is estimated at 10000 shares en-
hrecine all OF the international STOCKS,
Union Pacific fell IA on the resolution OF
the Senate 10 postpone the Kansas Ia
c,ac sale Manhattan. Northwest ana
Norfhcrn Pacific and some otheF less
prominent stocks showed heavy zone
during the whole OF the early part OF me
dsv These causes. together with the IN
s-tncss ~ the granger group. were per-
eisfent drag on the market. The latter
part ~ the day saw very animated con-
test between professional traders lot inc
control Of the market. In the majority OF
standard railway shares which were left
free from manipulation the changes are
small, though gains approaching n point
are shown IN some southern railroads,
which are showing good earning capacity
Quite a number Of small losses are shown
In tho specialties. on the other hand. IN
Guiding Manhattan. Tobacco. Leather pre-
ferred. Rubber preferred Brooklyn
Transit Metropolitan Traction. and
number Of the Nanderblts gains extend
Ing from iza29sc.. the latter In Manhat'
The bond market continues active and
broad. some notable gains being shown
IN special cases and the level OF prices
throughout the list showing material
advance ST. Louis and San Francesca
trust receipts IS are per cent. hieher
Mobile and ohio As rose 2Ss per cent
in accord with the rise Of 49, In the stock
Of that company Missouri Pacific bonds
were all strong. the collateral 1s rising
3 per cent. further: the consoi SIS z, ana ana
n value OF 81. 10000 Government bonds
were strong all around. both the old and
the new As advancing a bid and the
SIS X bid
The total sales of stocks were 3s1 900
shares including Atchison preferred.
sS55; Chicago. Burlington and Quincy. IL
1875: Louisville and Nashville. - go: Man
New York Central. 1000; Northern Pa
cinc preferred 1887; Rock Island. r.
coo: ST Paul. % go: Southern railway
preferred. 1874; Union Pacific. 1897
American Tobacco. 1880: Chicago Great
Western. II 1875: Peoples Gas s025, Su-
gar, 5000; Western Union, $50.
MONEY AND EXCHANGE Money on
call easy at nae per cent; last loan at
? per cent. and closed offered at lhad2
per cent. prime mercantile paper, 3p4
per cent. Sterling exchange steady. with
actual business I'm bankers bills at 4s5h
for demand and at 4s2i%n 4S2A for sixty
days posted rates, 4S3RM4S4 and 4s6hp
4S7: commercial bills. 4S2. Silver certih-
Gates. 57AN5SA. bar silver 81 nominal;
Mexican dollars. asa. Government bonds
strong: State bonds dull; railroad bonds