The times. [volume] (Richmond, Va.) 1890-1903, 1897-12-23
FINANCE AND COMMERCE
rHr CLOSING QUOTATIONS OF
MONII.
onerIncs and sslcs at the Richmond To-
bacco Tschhnge-lnternMl Revenue
CoiIections-Foreign Advance.

NEW YORK. Dec. 22-Thero was Moth
ing I'M tO-daya STOCK market TO rciulc
~ opinion generally held ia wan sl'''
tlaf speculation in securities VIII con
I'm. aud until after the nrst OF tnc
xsIr and ~ INC release Of some OF the
irls at present locked up in large man
c..I uU. IHtous. SaEElnd prices are gen
orally tlc compartment 81 sutA "a NO
~ Iuf there was sufficient strength IA
.reIfUI stocks duo TO special causes 10
obs Io act as "a sustaining ioltV on 'ie
general ll.t and net gains are -he iuit li
.on. r0ucucc. The marked features ih lhc
trading aud The centres OF great strength
Vcr. the local traction companies. nt
motives for the buying OF thtae slv.ha
were The reports OF hn huroluto ''iI.i
mise between fhc 81 trOpuNidh ana tht
Third At.nUo f'orrrrrlos and belief that
Che chances were not good for the success
of thc underground rand ttdhslt SCI, M
Third Avenue was htNfHltu 10 tH' %.'','
Of a points and metropolitan street hali-
way over q Manhattan rose . points,
but lost % fraction. The coaicrs we're also
argrtssiyely strong ana showed gums OF
between 4 and points, inc s'ddinS IS
sues being especially prominent mere
were vague Ilmors OF am intended diNi-
gerl ou Readings first pid stock. Whicn
Influenced trading. The Industrial sIccldl-
Ties generally show net gains OF quite
large fractions. The statements or eetl-
mated earnings for the last quarter 81 the
year az the several Vanderbilt railroads
were viewed uufaFOraby ana atl,u ny
something of drag on the railroad ISL
tlll loans were made To-Day al iates
ranging between 3 and 4 per cent ana
there was further decline lh poster rates
for both long and short sterling, DcihB
marked down D.. actual business utlub
done no decline of - FOR cable tfans-
fers. and long sterling ana OF - TOT &c
maud sterling The price for demand st'I-
ling at The time of the gold import move
ment last September did not fall below
4N4t4. Money was cheaper ln Europe and
London mo that time than now. The pres
sut stiffness in the money IL Is believed,
will boz only temporary ard the compile
tion of the operations connected Win the
Union Pacific settlement ana the ol3nuIst-
meufs incident fo the beginning Of the
year Will give relief For this reason the
talk of gold imports at New York. Cold
is. however. nu Che WY from Australia
to san Francisco.
The bond market was comparatively IN
active. especially iu one Of thc favorite
speculative issues. The prices were well
maintained. Total sales 81 10000. L. ).
new 4s coupon declined ls bid.
Total sales of stocks to-day were lSi,-
iNu shares including g. Il. md O., LIN.
Manhattan L.. - u-is metropolitan street
5-G. O. and Vs.. 7.2l5. 81. Paul, 1860, Chi
cago q. Vs.. $50. Sugar. 1880.
MONEY AND EXCHANGE Money on
call suG at 2ilu4 per cent. last loan. 3
per cent. closed 40 2i403 per cent. Prime
ling exchange dull and easy. with actual
business in bankers bin al 4Sii414 Sfk
for demand. ana a. fNlhu4Sl's for sixty
days. Posted rates. 4.s2HUiS3l2 and
4s5ig0f SGs Commercial bills. 4si. Sill
yer certihcates. 2D4spoa3. bar silver.
bonds. nrm. state bonds duh, Railroad
bonds firm.