The times. [volume] (Richmond, Va.) 1890-1903, 1897-08-17
FINANCE AND COMMERCE
THH CLOSING QUOTATIONS. or
MONEY.
Offerings and Sales at the Richmond ro-
bacco ExobanGe-internal Revenue
Collection Foreign Advances.

PERIODS To-Day WNfN inc market LOT tt'NNa
had an appearance Of actual dullness'
hut this was only bv contrast with recent
markets. The total sales fen below nan
"a million shares 10y over $1,000 shares
something 10 did not DO for any Whoi,
trading day OF last week. There was
largo falling of also in the nctiviiy in the
bond department Whatever stflklht
animation thcro was was IN the nI5l
hour Of trading The buying during thls
period was brisk. arbitrage brokers JON
ing iu the demand. This represented ine
working on OF the accumulation or oreci'
received by commission houses over SAT
urday. London was buying some OF lhe
international shares 90 the same time lhul
10 was selling others. - rt5ulS Vt
this lively demand prices bounded nbnls
upward, new high-recOrd prices IoI lne
year being made I'm a number of proml-
mont stocks. The Crangers We're actively
traded In nt tho higher level. burlington
showed the sharpcst gain, but 81 Iaul
being most actively dealt IN. 81 laul
was tho leader of the list, and was quite
largely bought for London account. Bur-
NnEton touched 9J4 in the opening deaf
inrs but closed "a point below that Inc
other grangers moved over much mar
rover range. but closed but little above
the lowest The upward bound or prices
40 tho opening invited realizing sales The
professional brokers added their utmost
Efforts. They had iu their favor some
reports Of crop damage IN the west ana
the result was soon shown ~ q reactloh
il prices for tho graugcrs ana south-
westerns. which had a sympathetic effect
upon the whole list Prices OF many
stocks were carried below Saturday s
close. Although there was hrmer tone
later and some slight recOycriea the mar
ket failed 20 fully regain its tone before
the close. and consequently prices on most
OF the active leaders Of the market show
"a only slight changes from yesterday.
The net changes. though slight. are most
~ gains. one or two OF the grangefs pe-
ing exceptions. The undertonc Of strength
in tho market was again strikngly man
Tested by the dizziness that set I'm upon
the decline in prices. Sugar again as
Fumcd q prominent part in tho dealings,
end touched "a new high-rccOrd price az
1874. but reacted nearly n point before
flo close Tobacco was also largely dealt
iu. opening 0t q sharp gain. but selling
oG during the day. Chicago Gas also
showed some signs Of renewed activity,
Tut 30 suffered from the reaction 20 the
market Although the early strength car
rlcd many stocks 90 a. point or over above
Saturdays close. the gain was in most
cases practically with special sisuih-
canoe
Chosapoake and Ohio and Cleveland and
ST. Louis were notably firm all day. The
lattors preferred stock was bid up i've
points.
Tho total sales OF stock for tho day
were 453 1Gi shares. including Chesapeake
and Ohio, 1880; Chicago. Burlington and
quincy, 2f42O; DO preferred, 1880;
Louisville and Nashville $3.50: New AL
hany and Chicago. 100, New York Cen
trail. 23.201, Northern Pacific, $500 do.
preferred, 1880, Rock Island, 500;
Reading. 500; St. Paul. 1925; Union
Poci6c. 1860. American Tobacco. 1888;
American Spirits. S270; Chicago Gas. "a
400; Sugar. 1920. Chicago Great West
orn. ~ 800
the bond market showed marked
diminuti0n in the volume Of trading. as
compared with recent averages. The
total falling short Of s.. 900 900 The spec
ulation also lacked the aggressive
strength but the market was fairly well
supported. and some substantial gains
were registered in tho less known issues.
Iho aggregate transactions were Sl933'-
Governments wore heavy. and receded
a fraction on light offerings.
MONEY AND EXCHANGE.-Afoney on
caN easy at lnll4 per cent; last CALL 10.
and closed offered at ~ per cent. prime
mercantile paper 3i404h per cent.
Sterling exchange weak with actual busi-
moss Fog bankers bills or 4S5l4u4S5ai for
U.mal1. and sc 4S%t 1 fS3iz for sixty
DAYS. posted rates. 4Sfan1Sj ANA 4S0lap
fN1. commercial bills. 4S2i3. Silver GER
Ufoatos. $3.50; bar silver JW. Mexican
dollars l1t- Governments bonds weak;
state bonds dull, railroad bonds firm.
STOCK QUOTATIONS..
CLOSING Stocks
Atch.son ...... ..........''......'' l3a
Atch'son ptl.....-. ........ .'''.'.'. -
Baltimore and Ohio ...-............ l'l4
Canada facinc ....-. ......-...s..s .u's
Canada Southern ......... ........ %
Central Pacific ...... ............'. I".2
Dhos. and Ohio ........ .....-...... US
Chicago and Alton .....-...-...-... 100
rhi. H. and Q............''''''' "o4