The times. [volume] (Richmond, Va.) 1890-1903, 1897-08-05

YnG ciOsJsG oGOgtTI0sS or
NONET.
Offerings and sales at ihe iichmonl 70.
aseco Exchange-lnternsi Revenue
Foreign Advances.

NEW YORK. August 4.--rho great ma
jofity of the solcs Of stocks on the cA-
change to-day Was made at prices very
substantially above last nights closing.
Iiut thc market euccumhoG IN the last
half hour 600 "a sudden selling movement
Induced hy prOni-taklnQ Tho effect was
60 wipe ONT nearly ah the earlier gam u"
most stocks and 60 leave the average
lowell ol thc market but little chahsto
from Yesterday. Tho sales OF dl stothA
aggregated over 530Ou0 shares. The deal.
mss ln thc last half hour were an az
lower prices. and the only stocks 10 es-
cape the eject OF tho ial were NOT ln-
cludcd iu the latcr dealings hNctil ~.
the final decline the market was aiilos'
o repetition of that OF yesterday copious
purchases being made Of pretty inuS.n
CpCry stock in Tho list. Very many saIcs
OF odd lots were recorded lntIc W"o i'o ~
much discrimination shown I'D tWH
Of BUYING which embraced some OF INC
stocks which have almost passed OUT OF
Che Geld of attention ON The oNchankc' y
notable feature was Tho heavy seiliik Tot
The general account ANA ihe l,"oln,s9
with which these sales were ABSORBED
Northern Pacific preferred was the chiei
sufferer iu THIS respect. but an or lhe
International Dist were sold 10y LONDON 20
some extent. 10 is estimated that thc
total of London sales are @'uVVo shaIts
for the day. This was almost without
t0Cct ON prices here. and failed 10 checA
tnt further fnU in STERLING tNthais'c
which was affected hy heavy offerings on
fraiu bills London was apparently eager
fp realize ON American securities. ana
etcndf4sflv declined 40 enter iho tempting
foId for speculation offered 10y the New
York market. The Industrial group anu
the gas stocks were conspicuous again 10
dav for strength Consolidated Gas lead
inr. and showing "a further net gain or ..
Tho cranecrs were heavily bought ana
advanced &C ono time nearly % point
INC general decline left the net gains ln
81
fraction The Eric stocks. Nandcrbilts
and the anthracite coalers wore also nota-
pie Tor some sharp gains. sugar was ny
ono time 2i1 higher but II declined
arain. Total sales were 100000 shares
including Chicago. Burlington and Quin-
ey % OO0. Louisville and Nashville. 10
H7T. Northern Pacific preferred, 2@.-@li
Northwestern. 1850 ontario ana west
crn $500. Reading 2l.3JO, Rock Island.
D 220. ST. Paul 90 O2O Southern RAILWAY,
10000. Southern preferred. 1000. Ameri-
can Tobacco J3O13. Bay State Gas %
80. Chicago Gas. 81 400. General Electilc
lilo. la Cledc Gas. 4s0 Silver Certin-
Gates 1000. Sugar 26 40. Western Union,
NJ 1870. Chicago Great Western. 1906
Operations in railway bonds were at
tended hv violent fluctuations i'm some
cnses. with Georgia Pacific trsts ana
Union Pacific Az trusts conspicuous for
advances ~ 3iA and 3 pcr cent, respec-
lively Tho market exhibited a very
strong feeling throughout. Aggregate
sales were 81 $40 ON.
Government bonds were heavy on mod
crate sales.
MONEY AND observation-disclosures on
cam frmcr no 102 per cent. last loan
pop cent. and closed offered at 1 per cent;
prime mercantile paper. 3i5a4 per cent
Sterling exchange weak with actual bus
iut-- in bankers bills M 4S6'su4S6A for
demand and at 4S5'sN4Sl4 for sixty DAYS;
posted rates. 4Sph04S7 and 4S7M0fSS,
commercial bills. 4SJ. Silver certificates,
11957i.. bar silver 81. Mexican dollars.
tfh Government bonds weak; state
bonds dun. railroad bonds strong.