The times. [volume] (Richmond, Va.) 1890-1903, 1897-10-08
FINANCE AND COMMERCE
SHB CLOSING QUOTATIONS or
M0NET.
Offerings and Sales at the Richmond To
0acco EschanGe-fnternal Revenue
coilections-- Foreign Advances.

NEW YORK. Oct. THE Evening
Posts London financial cablegram says:
The stock markets here were irregular
and inactive to-day. The only firm mar
isets were Kaffirs and West Australians
The forfnc. on cables stating a legal opin-
ION, which indiratcs the possibility Q,
cancellng the dynamite moh0poly ahu
on rumOrs OF important discoveries OF
gold In Mataholcland. Americans Kept up
nc parity. although duh. New YORK
prices were better than YESTERDAY. anu
the close was firm on reports OF the snip
ment OF 100000 in gold TO New YORK
Henry Georges nomination had Tess ell
feet here than Ia New YORK, being onset
BY the gold movements ana lne pe s',e,.sl
tors bowcvcr, look for an uncertain mar
kct 81 q while. General securities closed
dull On exports OF gold 20 New YORK and
10 Egypt. and 10 the weakness OF bank
returns. The trade relation statistics
show a heavy falling of OF exports, OF
linens and cotton goods 20 the United
States. The Paris BOurse was frm. be-
ine elated by the good Rio Tinto dividend.
Ths Berlin market was steady. Money Is
easier there after The end OF the quarter
The sun, and substance Of tO-day's mar
kst may be comprised in the words Chi
cagO Gas Tho announcement that the
companies outside OF the consolidation
had been sold 10 a syndicate representing
interests powerful in gas in many otheI
large cities caused q slump at the open
ing Of the stock market Of over three
points within the first few minutes or
initial sale az prices ranging IRON - 70
e5 and the first Of these was the highest
price OF the day. The stock sold at one
hmo as low as 923. the pressure on long
forts Of the bears. Large blocks OF the
stock were sold short in the interest OF
the bear cliQue. with the design OF ct-
fecting "A sympathetic decline of the gem
sral market The total sales were over
100 900 shares. This purpose was ohly
partly successful. and before the termina-
lion OF tho first hour the shorts were COW
ering hastily, and prices of many stocks.
tho high-priced iDdustrials being con-
spicuOus. rose a point or over The mar
ket declined again under renewed pres
sur, on Chicago Gas, and for the balance
~ the 0ay fell into condition OF almost
total apathy. The available offerings OF
stocks al the low level were apparently
exhausted. but IL was equally apparent
that buyers were not ready TO bid up
prices 10 n point that would invite SAFES
IN any quantity The announcement that
81 100000 more OF gold had been engaged
FOR import TO New York was without APP
parent effect. either C. the stock market.
the money market or the exchange mar
ke.. London was a buye- 10 small eX-
tent on balance. Net ranges are very
narrow in almost all cases, and are dis
tributed between gains and iosseS. con on
soiidafed Gas and La Clede Gas lost ~
and u respectively in syEpa by with
Chicago Gas. New York, Chicago and 81.
Louis second preferred declined 80. To-
bsrro rose over "A point, as did Pittsburg.
G. {. and St. Louis, and metropolitan
Traction gained a point.
The changes in the prices or bonds were
slight and the volume OF dealings was
small Total sales. $14.2O0OO0. United
states new as were advanced Il bid. and
tie SIS. rose u bid.
Tse total sales or stocks To-Day were
40 600 shares. including Chicago. Burling-
ION and quincy. IL. 705: Louisville and
Nashville 9O57; Northern Pacific pre-
ferred 13 $50: Rock Island. 1856; st.
paul 20 OO5: Union Pacific. 6.219. Ameri-
can r Sbacco, 400. Bay state Gas. 800;
Chicago Gas 103135; Sugar, 1857; Chi
cago Great Western, 100.
MONEY AND EXCHANGE.-Mone on
can steady at 2d3 per cent; last loan az
2iS per cent. and closed offered at 2nZ15
rer cent sterling exchange dull and