The times. [volume] (Richmond, Va.) 1890-1903, 1897-12-29
FINANCEAND COMMERCE.
gaH CLOSING QUOTATIONS y
nONII.
vesrIuss aud Sales 1T the h'e"'"'""
b.sco Exchange Internal "e''""'
couec,,o-- r",~i o" Advances

NEW YORK, Dec. -N..,e,,bat more con-
stock matNts IN had some success ~,
1890 rrtcce The MOI. 49, cru,nfss
In thair favor was tHV ~. .,,,,eb was made
81 tfe money MARIE, - the report
- 49,. firne during the oa9 y. 81 the
~ ohs ,,,, .' III the secretary OF Va.
- WIZ. ~ .e.ien his office. rms i'P,t'
So cxSsgeraisd into a ftoiE IL md
raefonatien had actually ut'h ".tiino
the erect vas 10 eNptn,s, a. Tho pro.
moverocut which was confined ~ Va tFnlv
ses,tnnei traders and which reach' o',.'
,nodesf proportions. The merh5e ~.
al no change from It's recent hol.'iot,,. Tor
meter and is Scmhlance o. 49,. e..,,,,
conditions in the money maIk,l I" y. -,
moro dcnncd and settled. RAD }, NV &C.,"
Tor tho sustaining iniiuenc. OF oHe o' -,
OF inc snccialtics notably Mann.'' ~.
Western Union and BROOKLYN run. i. w
scale would have inclined nu'" ,r,.3r1
ehorulv 10 the side Of depression i"ii
Avenue which has been 80 prominent
feature in the recent market reacted NE
points to-day and Pittsbuif' g anu o.
l. pfd. also fen conspicuousy ~ u! tnc
late DEALINGS Tho COHlfrf were nolduiy
weak ana Now Jersey a. one time Tell
points. Metropolitan street Halfway
which was dealt Boo cX-divldcnd ~ "a per
cent. showed some fcvcrishncsf. but end
ed with "a small net gain Burlington also
fell noarlv % point below par in face Of "a
November statement showing an increase
in net earnings over last year Of S32p7ss
oven after the operating expenses or the
road had been run 1ip over $4,000 above
last year TC-day's clearing house state
rnent showed the Treasury Department a
debtor ON balance 10 tho extent Of Si11t-
23f Yesterday Union Pacific payment
by tho reorganization company found "a
place in tO-dav's clearing house opera
lions. n involved the payment into the
sub-treasury OF about EiaDOoO0 in cash. "
follows that the sub-'rcasurv paid out to-
day oven ts.b0ooo for rccc mption OF Pa
cinc bonds. By Yesterdays and to-day 8
operations The government has supplied
she money market with ever 5000 900 on
balance. Tho tone Of the market was not.
however markedly easier loans being
m0dc ms nn yesterday all The way from
3it04f7 with exceptions at the close at 2
per cent sterling exchange also contin-
uCd sfcadr There are still several mill
lions ~ tho Pacific bonds which mature
January lst ana which arc now available
Tor redemption under tho government e
offer. but it is difficult to estimate how
f1r tho O.lncrs Of the bonds VIII avail
themselves ~ the governments offer The
sSmnoee o. time money FOR the short
er period tho rate being 3l3 per cent. from
- 90 20 days. indicates q belief mat the
rates may continue stir after the first
~ Tho year The demand for money In
London and Berlin has its effect I'm keep
inC MP the exchange rate. ana 70 " he
lieved tu be not improbable that the Bank
Of ENGLAND will advance ite minimum rate
felt however. that this would not avail
70 prevent "a movement Of gold I'm this
direction N any real strlngcncy was
threatened at this centre
The bond market showed some 'rrogu-
larity to-day. sharp advances being shown
I'm some issues willis others were cOnsDic-
uOuslv heavy Total sales. 81 900 600.
United states old As registered declined
the new Is. registered. u bid. The old
s. registered. sold ater az 1l2ai the ask
cd price.
The total sales of stocks to-day were
294 700 including Atchison MD 47G5. Chi
cago r and O.. 81 900. Manhattan L.. 49,
36l. Met Traction. ex-div o S65. Mo Pa
CihC. 1OiO. y. J. c.. A.4gO. " T. pfd =
SCI ST. Paul. - pa. Union Ppcifc 4.24O:
Amer. Tobacco rs GGi. CHICAGO @. W. g.
b37. lead 3sci. SUGAR 1880. n. O. and
Iron $3.50. W. IT,. 23.5Sj.
MONEY AND EXCHANGE Money on
call firm 2iSqfi3 per cent" last loan. ,
per cent. closed 24O3 per cent. prime
mercantile paper. 3i4H4a, per cent. Ster-
ling exchange steady. with actual bust