The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-02
FINANCEAND COMMERCE
THB CLOSING QUOTATIONS OF
MONEY.
Offerings and Sales at the Richmond To
bacco Exchange-Internal Revenue
Collections Foreign Advances.

NEW YORK. Nov. 1.-The Evening
Posts London financial cablcgsem says:
This rs "a holiday on the LONDON STOCK
Exchange. it being All-Saints Day. Ihe
fonc al the money market was momcn.
ta-ilv easier. but from indications In good
ouarters u looks az though money may
i,op fairly tight for some time 10 come,
with only a slight setback IN the as
count rate To-day large repayments
fron, the market 90 the Bank or England
,rcro due, but only a very small portion
was paid on Gold Is In strong demand
Tor the Continent at 7Ss. I'd. per ounce
q-hc business IN tho stock market to-day
was very small. and the trading amounted
IN little more than the passing OF holdings
from one hand 10 the other OF the same
person. The professionals bought etocks
in the morning, and sold them IN ihe
Afternoon with the result that nearly All
changes resolved themselves INTO very
small fractions. though the latter reacuon
extended a little further than the carry
rise The sale OF the Union racine mann
line at Omaha had the eject OF suiteiilng
tho price of the stock, which rose at one
time lss above the low point ana saved
a part Of fits advantage at the close.
The stock was. however, without 2uog,
ancy. Consolidated Gas also fluctuated
fn a characteristic cratic manner, drop
ming 2 points. rising ~ and closing the
day with a net gain OF points. PitsDuIg
IS higher on the day. The grangers
showed some strength during the day, but
the gains were wiped out except In the
case OF Burlington and Northern racine
preferred There was some buying OF
louisville on the showing by It's Septem-
Der statement OF an increase I'm net earn
inrs OF S114. SIS. For the rest brokers ana
operators seemed 10 be more Interested
IN discussing tO-morrow's municipal cleo
ton and betting on the result than IN
dealings IN stocks. To-day. being a oahk
holiday in London, no quotations were re-
ccived from there TO influence the results
here. but there was light buying OF some
stocks in this market for London account.
The stinening in the rate for call money
IS not regarded as likely 10 last ana IS
attributed TO operations incident 10 the
November disbursements on account OF
dividends and interest, which are esu-
mated al S5OoOO,OOO.
Railway bonds were strong in tone. espe-
cialy the Houston and Texas, oregon
short Line and oregon Navigation issues.
Total, $4,000.
The total sales OF stocks today were
10000 shares. including the following:
chesapeake and Ohio. u, 9O2: Burlington
22051: Missouri Pacific, 1880; Northern
Pacific preferred. $40; Rock Island, G,15O;
81 Paul. 1865: Union Pacific 1880;
BAY state Gas. 1850: Chicago Gas,
$780, Sugar. 1864
MONEY AND EXCTtANCE.-Money on
call easy al 1ik12ia per cent; last loan
al . per cent and closed offered at 1i4Q2
per cent: prime mercantile paper, 3An4l2
per cent. Sterling exchange firm. with
actual business in bankers bills at 4Soi2
for demand and at 4S212a4SzSs Tor Sixty
bills. 4S1d4sf&. Silver certificates. 5IAN
20. bar silver. 57ss Mexican dollars. 44si.
Government bonds strong. State bonds
dull. railroad bonds strong.