The times. [volume] (Richmond, Va.) 1890-1903, 1897-09-02
FINANCEAND COMMERCE
THE CLOSING QUOTATIONS or
mONET.
offerings and Sales At the Richmond To-
bacco Erchspge-Intcrnai Revenue
Collections Foreign Advances.

NEW YORK, Sept. l-ieadlnB iSllloe"
shares led the market to-day. stocn9
concerning which some favorable pros
pect was reported. but without dehhi's
details and not backed by authority, were
chosen as the iayoritcs Ia the speculall,on,,
The sensation OF the day was the luupihb
OF the price Of Omaha, the stock touching
S2ih The extreme rise was lVA points,
and the net gain 81 The stock was hVt
exempt from depression, which Welsneo
on the grangcrs. and, In fact, on Host
of the railway list during the early part
~ the day, and u sold down = Holn
last nights close. by ] O'Clock X had re-
covered the loss and gained over points
additional But in little more than an
hour OF the latter part Of the cay the
price mounted several points, and was
"a the fun tide Of the advance when deal
ings ceased.
The trading was attended by great ex-
element, and the pauses In the advances
was only momentary and az wide changes.
The rise was due 20 q belief that the stock
viii shortly be placed on a regular dlYl-
dend basis. the size Of the proposed divi-
dend forming the subject Of the excited
speculation. Northwest. which is I'm the
relation OF parent property 70 Omaha,
improved I'm sympathy. but reacted par
TALLY. while Omaha was still strongly
advancing
Sugar also continued 10 be an exciting
centre OF speculation during the morning.
and advanced 3 points on rumOrs Of
distribution Of surplus and Of advantages
fined sugars Tobacco opened nearly
points higher. but this was also the high
est OF the day
The two stocks Guctuated I'm very or-
ratio manner an day. but II closed with
net gain OF only x for Sugar and y for
Tobacco
Missouri Pacific touched 40 in the open
ing transactions. but fell Of during the
day ON realizing 10 below last nights
close.
Tho coalers made some display Of
strength during the day, especially Treats
stocks hut they succumbcd 10 depression
later Rock Island also advanced al one
time over point above the lowest. as did
Louisville and Nashville. but the latter
declined below Yesterdays price, and the
former saved only "a fractional net gain.
With these exceptions the railroad INST
was almost wholly given over 10 depres-
sion. The days changes are small
large number Of stocks closing unchanged
but the majority Of the active issues
chow losses extending TO q in Northern
Pacific preferred on it's poor showing OF
earnings
The total sales Of stocks to-day were
$50 742 shares. including AtchisOn pre-
ferred. 1874; Chesapeake and Ohio, %
130: Chicago. Burlington and quincy 49,.
40. Louisville and Nashville. 16.731; Man
haitian. $40; Missouri Pacific. p $50, Mis-
souri,. Kansas and Texas preferred. 1850.
Northern Pacific preferred $50. Chicago
Northwestern, 40: Reading $40; Rock
and Omaha. 1850; Southern railway.
$50: do. preferred. $3.50: Wabash pre-
ferrod. 1880: American Cotton OIL. 1850.
American Spirits. 800: American Tobac-
co. 40 0sG. Bay state Gas $500: Chicago
Gas. 1920: General Electric. 1900: Lead,
II go. Pacific Mail. 1920: Sugar. 81 40;
do. preferred. 333j; Tennessee Coal and
Iron. 1880: United States Leather, $3.50;
DO. preferred 10000 Western Union, TO-
7GO: Chicago Great Western, 1898.
Tho bond market showed some falling
or I'm activity. the par value OF bonds
sold amounting 20 about S3.3OOOp0. Prices
were generally higher. United states new
As. registered. sold az 12Gls. the highest
recorded price. The SIS. coupons, sold al
113kd114 Total sales. $4,000.
MONEY AND EXCHANGE. Money on
call easy at 101h per cent; last loan al
~ per cent: closed offered at 1hn1R per
cont; prime mercantile paper, 3ilnlA per
cent Sterling exchange firm, with actual
business I'm bankers bills az 4S5M for de-
mand and az 4s3AN4S3Si for sixty DAYS;
posted rates. 4S4hM4S5h and 4s6i5n4S1;
commercial bills. 4s2h0fS2i3. Silver Ger
tihcates, 81; bar silver, 5lh; Mexican dol
lars. Al. Government bonds strong; state
bonds dull; railroad bonds easier.