The times. [volume] (Richmond, Va.) 1890-1903, 1897-08-28
FINANCEAND COMMERCE
THH CLOSING QUOTATIONS or
MONII.
Offerings and Sales nj the Richmond To.
bacco Exchangc-fnicrnal Revenue
Collections Foreign Advances.

NEW YORK. August q. -To-day's mar
Let was strong throughout and the up
ward tendency Of prices was pracuca,N
uninterrupted by reactions. Anything ike
"a recession ELECTED no offerings. Many
inactive stocks were sought out ana NOV
cd in the market all at notable gains.
Tho movement even touched some OF NV
extremely low priced, almost discarded
issues. Tho strength Of tho market va
apparently based on renewal OF tuli con-
ndcnce in the improving tendency 81 gen
eral business. Some Of the raiifoadh az
making rcCord-hrcakiug earnings, an o , az
are showing increasing earnings. uil'l
reports Of some Western grain-caifylnt
roads show that the total Improvement pm
their business ass due In large part 10 w
movement ~ general mcrchanolAe W.
ward than 10 tho movement or gram 80,
ward and this is taken as on impoI lahl
fnder az tho Improvement in general hus-
mess The continued ease in the money
market in view OF thcfc 'Nloth'tr yi
awakening Industrial activity. causes s".
prieo. but cheap money ls an int'hlNe TO
sroruiaffOn The break IN grain was re-
Rerdcd ln the stock market as PROVING lhe
safrfv and abundance Of the gram crops
and melted special activity ln the Erahttt
Shares Rock Island took the icad w lhe
group and made up two points net during
the dav. burlington gained over n point
and 50. Paul point chicago -. w. i"h
Ced ana fen on fraction. inc c0aigIs
sgere the exception TO the buoyancy in the
list and declined "a fraction. Missouri rae
was active and aggressively strong an
,fqv and gained IA net Southern pa also
was prominent with an ADVANCE on -
PENNSYLVANIA was dealt In on the cA-
change Tor tho first time In long tine "a,
if1Nt Colorado Fuel and tennessee 'oa
rOHo over point during the day. Ot tne
Inactive list Cleveland q. q. ana ~. J."
sold at G points over Yesterday hld price.
Tho common stock also advanced point
J.. and %. gained ~. Ia Clede Gas showed
9 not gain OF 2A. Met Traction. - Man
haitian. ~. National Starch. second DO
8. r. - O. and Chicago and 81. LOUIS
md do. pa. each n point. and Great Nor
Dfd. 8H Stocks Of local gas companies
we're an strong on talk OF constellation
Ontario and Western was active ana gam
"a x; Northwest pfd was conspicuous LOT
"A loss Of 2 points just az the close. The
total sales on stocks to-day were 8lo.ll6
eharos including Chesapeake and ONO,
2O2Of, Q. Il. and G.. 1903; G. G. q. ana
ST. l., 0GsO; Louisville and Nashvilie' 10,
400; Mo. Pacific 1925. New York G. and
Chicago second pfd. SO3JO; Northern Pac
pfd. @ go: Reading, b4,J3j. ROCK island
19 475; St Paul, 81, 40 southern X. w"
. $40: Southern r. w. pfd.. 1881 Bey
State Gas 1920. La Clode Gas. S.lW,
w. u, 1920: Chicago G.. w, 1146j.
The bond market was very active ana
generally higher Total sales, $2,7I2,OJO
Government bonds were higher.
MONEY AND EXCHANGE. Money on
call easy at 1d1h per cent; last loan, IA
per cent: closed. faiH per cent; prime
mercantile paper. 8kQ4k per cent; stcr-
ting exchange, easier, with actual business
I'm bankers bills at 4s5i5 for demand and
az 4. S3N d4S3l5 for sixty days; posted rates.
4 s4ihd4 s5ib and 4 S6ik04ST; commercial
bills. 4S2d4 S2i5; silver certificates, 5lA
har silver Ola Mexican dollars, 4OA
Government bonds. strong; States bonds,
duh: railway bonds. strong.
Tho total bank clearings during the
week were ] O47 02s AL; per cent. Of in
crease. 400. exclusive Of New York, S419.-
81 093. per cent. OF increase, 2i5.