The times. [volume] (Richmond, Va.) 1890-1903, 1897-07-14
FINANCE AND COMMERCE
uHH CLOSING QUOTATIONS OF
MONTY.
Offerings aud Sales nj the Richmond TO-
bacco Ixchangc--internal Revenue
Coilcctions-rorcien Advances.

NEW YORK. July lathe healthy dis
position OF the security market to-day
cvlnccd by notable and widely distributed
advances, especially in tho coalcrs ana
industrials and gilt-edgcd invostmch'
stocks was due 20 various favorable inhu-
cnccs OF general effect The coalers casNH
responded with rise extending 20 ~
cent 10 the Lchigh Valleys clec'ioh "a
Officers and directions known 10 ne a."
ccptahlc TO the controlling intcIee'e -
other anthracite properties ana 10 ny
harmony IN operation expected 10 $500
The judicial interruption OF the P'V,ft~lcr
inquiry into the anthracite ttauC 49, i-st
the antitrust law enacted by uS 90
New York Legislature not ony ~
good effect on the c0alers, but sueib ~.
I'd the whole industrial group Io-e'iS,
Washington rumOrs continued 90,
10 the refining interest. ana 10 VIZ 49,
that COMPROMISE sugar schcouie plV"9
ms 10 the company would likely be agreed
upon hy the conference Ihe I'7"lt w.
that Sugar scored another hlsh ItCo.u
price. touching 1875. or nearly % po,n.s
Hhovo Yesterdays close and over points
above tho loftfcst price previously. which
was 13f' The suspension OF mouse sup
posed 20 have been hurt IN carrying a
large account for am operator on lue
wrong side OF 70 rising market Only tenl-
porar.lv depressed Sugar. 10 rs now sup
posed that Yesterdays sharp jump i'm Su-
Car was partly due 10 KNOWLEDGE OF tnls
operators position. The announcement
OF the failure caused a reaction I'm the
market. which carried prices generally
fraction below last nights close Tho
fluctuations in SUGAR were most crrauc
and wide attended by heavy covering OF
shorts.
Hesitation ensued. and there was con-
siderable activity and strength. The
transactions in the stock comprised
fourth 90 tho total transactions IN an
stocks over 90 OuO shares being sold. Al
r.f Tfrs %
tho stock sold NJ 2Is above yesterdays
close. reacted 2is. and thon partly recoV-
cred closing 40 point advance over yes
1CTdav. Chicago Gas ruled strong on raw
ornhle Chicago dispatches. Good crop and
weather advice hctcrcd the grangors a
sharp fraction Sus0uchauna and west
crn preferred gincd 2k; Northwestern pre-
forrcd and Delaware and Hudson cach
other stocks not hitherto mentioned whlch
recorded gains Of "a point or more were
Tobacco. Canadian Pacific. New Jersey
Central Reading first preferred 90. sec
ond preferred. MINNEAPOLIS and 81 LOUIS
second preferred. Pullman. RIO Nrahue
Western Spirits preferred Leather pre-
forro1 and OREGON short Line. The
closing was strong and generally az pest
prices which were q fraction above yes
terdav'q close in cases not speclli'u au"N',
Marked executions were Brooklyn RAPID
Transit and poeNoinee and Fort Dodge
which closed e. and il. respectively oeio"
yesterday. o., 49,.
The total sales Of stocks to-uay w
200 O5o shares. including Chicago. Burhne-
ion ana Quincy, 12O22. Delaware ana
Hudson G.0G5. Louisville ana NasnNlHe.'
3 go. New York Susquehanna aho We,
ern preferred. 7.717. New Jersey Central
g0i3. Reading 25.3sO. Rock Island |lfV'
81 Paul. ga .5GS. American Tobacco. T.
1s5. Chicago Gas. 1896, Sugar. tNVsf
United states Leather preferred taoi
Considerable strength was displayed
among 81 few Of the industrial mortgages,
hut the general market also displayed an
improved tone ON moderate purchases
business was somewhat moro general in
the l0w-pricod securities. with the liens
Of some recently Tc0reanized properties
assuming prominence. The aggregate
sales were 81 l03W
Government bonds were practically neg
lectcd. but ruled steady at yesterdays
closing prices.
MONEY AND EXCHANGE: Money on
call easy ~ 1ulfl per cent; last loan !
and closed offered no ! per cent: prime
mercantile paper a0i per cont sterling
exchange firm. with actual business in
bankers bills m 4S70te7'. for demand.
and at 4ef0fcGi for sixty days. posted