The times. [volume] (Richmond, Va.) 1890-1903, 1897-05-16
FlNANCEAND COMMERCE
THE CLOSING QUOTATIONS or
MONEY.
Offerings aud Sales at tho Richmond TO-
bacco Exchango-Internal Revenue
Collections Foreign Advances.


Sugar absorbed over ouc-third OF the total
sales 60 Che StoeA Exchange to-day, tno
dealings uclnb about equally oivlucd be-
tween them. There was so little TO en-
COURAGE selling lu Chicago Gas that the
motive for 30 must ho attributed 20 doubts
az the value OF tho stock being equal 10
the price. There We're evidences OF heavy
liquidation based ON approximations that
the consolidation measure Will fail ia
thc Illinois Legislature. and with IL the
uIrau.rmlnt Tor division OF territory with
o. rival company. stop orders were rc-
ported ON the way down. bringing large
blocks OF stock ON the saggiug market.
Sugar also showed weakness through the
pending proceedings against members OF
tho contempt for the senate. but rCCON-
cred tne loss. Tho efaugtrs was also SUBJ
Jcctce go special attack by the bears on
account or tIe weakness Of Che NhCdt
market There was little encouragement
10 buy n tle course OF the London mar
bet. Wncro Americans were largely neS-
lcctcd and prices were weak. There was
manifest apprehension also 1s TO Whdt
phase the Cuban question may have taken
ON NN the time tho trading Us resumed
ON Monday Tho impression prevailed
That tho intentions OF The admins tlaIoH
towards cuba were in ormatiVe state'
with possibility OF taking on am astfes-
tlln tone. Inc anthracite coalcrs u.api"f
"a some frmncss. due TO covering on
shorts over Sunday. ana only lIlnia'
changes occurred in their prices. nc
Gould shares also manifested "a conlhu-
nn'e OF the strength thoy displa}cu yes,
trrunN. but 10 oIl not ouflaet the oa1t "hu
their prices declined in tine later de1ilnss,
involving Thorn in net losses. There was
On generally rally af the close nearly AT
through the Isf. from D. 90 p per cent.
from The lowest the Inter in Chlcaso
cas-. Some of the extreme declines ",ie
%orfltgscfo~n @ paul ga. Rock
Island and Gro.ho q and New York.
Chicago and ST. Louis ID pid. Inc ial-
of ee.rriti.s qr0' Substantially lower than
a wool, oro lnf fnor. have not been
larl.nr crro,frarcmeut ln the trading.
Tho .errhefrnr,.. o.f tho fears cugon0crt0 hN
Tho war befvy.., Turkey and Greece led
fo "a rof4n r.vfval of activity in the
f.r.ir-r rn.rirofs for securities and. al
4Lo.gb tr,ori.are wore given less at
frnfion thnn other securities their prices
SIN london improved and there were
,,,.,.,. tfl.,....f Share. BOUGHT in the NcW
VorF r,arF.t for foreign account The
siIheidrrre Of the buying from this quar-
49, ,s.s snnarDnflv due TO New NOrks
persistent failure TO reflect the CONT
,.r securities. Commission brokers lay
stree. uuon the dealings DO bucket shops
10 account for the loss Of interest pY tne
outside public iu the market ana INC
EtO.r Exchange ie trying TO stamp out
irrL.t ehirs bv LEGAL proceedings. and 20
,,I+frria Inc quotations from them and
.f.l,, tho nlHff. al large That the hal-
~-.o rr International merchandise GREATS
49,. .e.rted Ir tire recent heavy import
,-c,.o,,.rt Be- Show nbv the April trade
tfotonent which reports excess Of i'm
nome ri rnerchandise over exports Of sos
4ac I'D rrf thfs efHU left for the ten
--...i.t,- Of trc francfaI wear am excess of
,,-.i...,ltso avuortod over imports of
eaoo ef1 oqf with NET cold imports for the
s,n,e r,eriod Of SOL COS. 751 The enormous
fmnorf movement seemed 10 be IN iuh
forlo etiU last week. but the weeks i'm
norte of div goods and merchandise az
Nv york showed a total of SO OJS G94.
srhfs ie stiu abnormaiy large. but rs
s. e9g e15 less than last weeks total Net
declines on the week are general The
early strength in the market resulted IN
Coft0n OH DID. Chicago Gas. Tobacco.
do ecriD. Louisville and Nashville, and
Leather pfi.. fractional gains being gem
.rel subsequent declines established net
losses AM most OF these except Tobacco
SCRIP. which maintained its gain. NOR
foik and Western pfd. gained 3i. street
Railway broke points ON reduction OF the
dividend rate.
Tho bond market was quiet during lne
~ ne usually dormant bonds The under
fone az the general market was fairly
GOOD with purchases for foreign account
.-.-ffro ouifo n sustaining influence The
declines included d large number OF is-
sues. hut the variations in the speculative
liens were trivial Tho principal losses
wore. Peoria Decatur and Evansville 2ds,
ia nor cent. do lst ''s. Northern ia,lho
souri River lists 5H; Western New Aork
D."