The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-13
FINANCBAND COMMERCE
gHa CLOSING QUOTATIONS or
MONEI.
Offerings and sales at the Richmond To
baeco EschaBgs--fnterD"l Revenue
cotlections--Foreicn Advances.

NEW YORK. Nov, i2.-The Evening
Shn stock markets were lifeless to-day
md p trlfe lcse firm. Mines were better
The duIlncgs Ina Americans here 10 partly
Que 10 difficulties OF dealer VINO rs
lost heavily BY the sharp and unexpected
fan OF certain Industrial shares. The
failure may be announced tomorrow, or
A may blow over. 1t Is really nothing i'm
poriant Americans closed above the
lowest Paris Bourse was dull. and the
Berlin markets steady.
To-dav's stock market was without anil
nation az any time. The preliminary
grivc AZ Sugar and one or two suDse-
sueuf raids against that stock failed 20
6fslodpo any large offerings. and the sub
soauent dealings I'm that stock showed
greatly diminished activity and hrmncss
IN tone. It's losses were all recovered, ana
tho close showed a net gain OF small
fraction. The low price for the day, winch
was 1861, was now low point on tne
present movement. sugar was easily the
leader IN the list IN point OF ACTIVITY, ana
absorbed about Onc-third Of the total deal
ings The coalers showed some strength
on account OF the approaching cold snap.
They were helped also by reports 81 re-
s.riction OF output by individual com
uanies New Jersey Central led this
group, and advanced at one time 3h
points. but closed at reaction OF about
wildly. closing at a net decline OF IL.
Outside OF this the market was without
particular interest There was some con-
tinuancc Of selling for the London ac-
count. especially OF St Paul, and TINS
was about the only unfavOrable factor IN
the news OF the day The result of the
DAYS trading is 20 bring the Level OF
prices back TO about the same ieNcl ny
that held before the very sharp decline
Of last Friday. The upward tendency To-
day in the general list was assisted by the
favorable character Of railway earnings
reported for the first week OF November.
The incrcses were especially maIkeu III
the returns OF the southern and south
western roads. which are presumably az
frrted by the heavy cotton movement, que
20 the traffic now coming forward, Whlch
has been delayed by yellow-feVer quarah-
tine. The Southern railway led IN the
amount of its gain with an increase OF
SCI 47O over the corresponding period OF
last year. the percentage or increase pc
ing about II. Central OF Georgia, with
an Increase OF S23. 377. shows the higher
percentage of about 20. The activity in
he soft coal traffic is reflected in an in
crease Of S2S. SSS over IL per cent, on the
Norfolk and Western. and over 100 per
cent in that Of the Cleveland. Lorraine
and Wheeling The days net gains are
a point OF over I'm some OF the grangers
and other prominent active stocks, ana
are neerly 2 points over In the coalers.
The bond market WAS moderately active
et higher prices The new Lake Shore
3i5s sold az 1866, the highest on record
Total sales, 81 5000
The total sales of stocks to-day were
947 100 shares. including Burlington, 49,
sos. New Jersey Central 1896; Rock Is
land. II 577; st. Paul, %. $50; Bay State
Gas 5,02C; Peoples Gas, H,OlO; Sugar,
sO6s0
MONEY AND EXCHANGE.-Money on
call steady at 1isd2 per cent; last loan
af ~, per cent. closed offered at 1hm1A
per cent; prime mercantile paper, 3Aa4l2
per cent Sterling exchange strong, with
actual business in bankers, bills az 4o0124
4s5aL for demand and at 4S23sn4S27s5s for
sIxty days: posted rates. 4s3l9a4s415' com
mercial bills. 49,. Silver certificates. olA
asst: bas silver 571z. Mexican dollars, 80.
Government bonds strong; state Dohus
dull. railroad bonds strong.
Rank CLEARINGS.-The total banK
cloarings in the United States FOR the
week we're 81 ,347 $50. 800; per cent; IN
crease. 49, Exclusive OF New YORK.