The times. [volume] (Richmond, Va.) 1890-1903, 1897-06-25
FINANCE COMMERCE
THE CLOSING QUOTATIONS or
MONEI.
Offerings and Sales at the Richmond To-
bacco Excbsnge-internal Revenue
OBSERVATION-DISCLOSURES Advances.

NEW YORK, June Ha-The prices OF
ytocks made "a further average advance
movement notch higher. The advance.
however. was not universal. u soIne
prices are lower. the anthracite coal
xroup losing something OF its strong ad-
vance Of yesterday. In the international
shares some Of them displayed the SYM
pathetic effect OF lower prices In London
and OF selling FOR London account. Others
of this group were bought for London ac-
count and gained in price. There were
times during the day when prices were
generally below last nights close, and
there were evidences Of heavy realizing
in some stocks. The volume OF the deal
incs was smaller by over 10000 shares
than Yesterday. but was rather better
distributed. though the g%rangers Chi
caCO Gas. Bay State Gas. and sugar ab-
sorbcd about three-nfths Of the total deal
ings. An aggressive advance in North-
west, which was resumed aftcr a ddys
halt. carried that stock up ~ points 10
ll1it. and was "A sustaining influence In
the whole market.
The grangers also maintained their
strong upward tendency. and their potent
influence I'm the market under heavy deai-
ings. and I'm spite of some alarinlst re-
ports Of damage to crops. The behei IN
good crop prospects. which advanced the
price Of this group. was an influence on
nearly every railroad properly ~ III.
West. St. PaulS third week statement
shows gains in gross earnings OF over -
600 was an encouraging factor. rms
roads earnings have been greater each
week In the present moonth mar IN the
corresponding week Of any year since
1898. There Is reported some movement
Of currency Of small denomination 10 some
interior points. Of some proportions as yet
but which IS looked upon as indicating
"a revival Of business activity. 1hc
strength Of tho market is almost entirely
due 10 confidence in the general outlook,
but a numbcr Of individual stocks were
strong on account OF the special causes
rs 10 Baltimore and ohio. Bay state Gas,
Rubber preferred and Leather preferred.
Sugar was %crratic. remaining somewhat
below yesterdays close. most Of the day
under pressure 10 realize. but rising 10
y above Yesterdays close in the maj
transactions. Small losses are shown IN
some Of the lower priced southwestern S.
e. number OF the less prominent Natslerpit
stocks. and I'm some other special cases.
hut these only extend to a point in the
case Of Erie first preferred and East River
Gas. the latter y. Otherwise the gains
were general. In the Erangers outside Of
Northwest. Rock Island led with n gain
- N. Consolidated Gas rose a point. and
Minnesota Iron. Rubber preferred and
Starch first preferred . each.
The total sales Of stock to-day were
2is. 75G shares. including American To-
hacco COmnanv. $500: American Sugar
Refinery. 1880. BURLINGTON and Quincy.
1880: Chicago Gas. 14.cc0: Louisville and
Nashville. 800. Northwest. 15.1n0; Oma-
ha. 10 100. Pacific Mail. $500. Reading.
500: Rock Island. II. 400: st. Paul. 81 100
CONTINUED Improvement is noted in
values Of railway and miscellaneous mort
RACES. with considerable trading noted I'm
tho r~corranized companies. The recoe-
nized active securities moved NARROWLY.
but participated I'm the general strength
which was most material I'm Louisville and
Nashville pronertics Peoria. Decatur and
Evansville frsfs advanced ~ Der cent.
10 m. and RIO crande Western frsts {
nor cent. 10 -. The aggregate sales were
sf.G71o O0.
Governments woro IN moderate demand
ard improved slightly on purchases of
$4,000.
MONEY AND EXCHANGE: Money on
call easy at 1u1h per cent. last loan at
] and closed at 1n1A per cent; prime mer-
camille paper. Bat per cont. Sterling cx-
change steady. with actual business i'm
bankers bill az 4S7AG1S1B for demand
and 4SGkd4Sch for sixty days: posted
rates. 4S7h04SSil: commercial bills. 4s5l9.
Silver certificates. GOk0GfFs; bar silver.
G0is: Mexican dollars. AK. Government
bonds strong: state bonds dull; railroad
bonds strong.