The times. [volume] (Richmond, Va.) 1890-1903, 1897-07-13
FINANCE AND COMMERCE
THn CLOSING QUOTATIONS OF
MONEY.
Offerings and Sales ut the Richmond To-
bscco Exchangc-intcrnal Revenue
Collecttons-ForeiCn Advances.

NEW YORK. July 12-Sugar occupied
the largest share Of attendance III w
stock market to-day. and us puoy -. 49,,
was sustaining factor through the WhViS s
list with the exception OF such stochs &c
were specially exposed TO depressing '""-
CncCS. ,t,N
Tho outstanding short interest wnl,"
has been reputcd too large. shoMeu :. -. ,'~
VOus apprehension under the ptIei9at,
strength OF Sugar. and extensive oon nv,,ds
carried tho stock up by leaps ana pv" -,
the closing being buoyant al Tod; enV ,,riee
point and q points above the NV ssttr,,
Tho movement 90 cover became son 49,. 100
like n stampede at the close i1isc nv, T,,,e
changing hands on the rising p'leVi o,.er
sales Of this stock reached to'ai 1oie
$1,000 shares. which was over M lie
the aggregate OF all the safes inN tor
reached 49, Is the highest on I''Viu -
tho stock ON Junc 2gih the price louS"
al 100 and has since rulcu hcioM -
figure until to-day. OUTSIDE oi H"s" a.,
market was dull the Nati3 ''o,,,a tyidor
portant stocks being small anu W. W.
variations being shown chy III 49,
poriant stocks. The closing WIS hse ~
and quite distinctly disrogardiui OF lnt
tone on the London ENcha,nse, Wi,C
pricos were lower The internauoh"'
shares were. however, comparatively neg
lcctod. 49,. ~,
the preliminary statement ShoWihs 80 "a
crease i'm the surplus OF SilJ,al4. Noith
crn pacific prcfcrrcd was also oucrtu
quite freely. but recovered IT'S IoSS, a. a.
Rubber shares were weaker on b'IitI ~
discussions iu the directory. the prclerlS11
stock losing %. Pacific Mail adNail'cu
to s2H but lost the gain. The RrahseIa
showed marked depression during POI
ton Of the day. rcccdlng an aNeidb' v.
about a point below the early gam, put
fbov recovered the loss. Inc ahlntov.t'
roads were firm i'm sympathy WIN lhe
strength of Lehigh Valley In Ahila1elphl.
and on a belief i'm Dement'S 10 "ccIue u,
tho anthracite trade from the soit coal
strike pcsMOincs and Fort Dodge Chl-
coro Great Western Brooklyn Rapid
Transit and Rio Grande western were
quite strong. Features or the uttN Wt,e
the appearance OF grain and cotton bllls
az exchange i'm the market and some snort
selling Of long bills Of exchange. ihere
was no further hardening OF exchange
rates manifest. and the indlcatlon Is
strengthened that gold shipments Tor the
The total sales Of stocks to-day were
1G2 los shares. including Chicago, Burlns-
ten and Quincy. II 400; 81. PAU. luz
Chicago Gas. 1880. Pacific Mail. oOoo'
Sugar. 7S.SS1 III.
fractionally higher values prevalent IN
the speculative issues. Some Of the less
known securities displayed aggressive
strength. and a good demand was appa-
rent for tho middle-grade issues fluc-
tuations generally were extremely mar
row The aggregate sales were S1.O15,OOO.
Government bonds were we'll supported
and gained a fraction on purchases OF
So. 600.
MONEY AND EXCHANGE: Money on
call easy at 1q1h per cent; last loan,
per cent. and offered at ] per cent
prime mercantile paper. 3d4 per cent.
Sterling exchange steady. with actual
business I'm bankers bills at 4S1nfS7A for
demand. and at 4S6 FOR sixty days; posted
rates. 4S6i5l4S7I5 and 4SSI4SSll: CONNER
"a Mexican