The times. [volume] (Richmond, Va.) 1890-1903, 1897-09-01
FINANCE AND COMMERCE
TINE CLOSING QUOTATIONS or
MONEY.
Offerings and Sales At the Richmond Toe
bacco ExchAnge-Internal Revenue
Collections Foreign Advances.

NEW YORK. August 3i.-To-days stock
market was characterized by great irres-
0larity. prices OF many stocks remaining
remarkably stable even on large trans
actions, while the price movement OF
others was wide ana crratic 70 the iest
degree and quite independent OF many
general inuencc or harmony OF tenoehcy
with holders. Sugar was 1.-THE scnaa
tonal feature. and covered range OF
nearly eight points during the day. Iheis
was no news regarding the stock receiver
during the day that was not known a.
the opening Of the market. But tho spec
ulatiVo traders drew some deductions
from the facts already known as 10 the
very exciting trading In the stock. Ahe
speculation turned on tho probable pehe-
ITS 70 the industry from the IreSsuIy
Departments Interpretation OF the clause
OF the tariff bill discriminating against
sugar from countries that pay an export
bounty The belief that this clause would
DO administered so as TO insure the tN-
Clusi0n OF the competition Of Dutch re-
fined sugars gave Sugar stock It's strength
to-day. The stock logged along STEADY
and comfortably on the upgrade 70 noon
covering about point I'm the rise. Inc
price then made a sensational rush up
ward by leaps Of "a TO n, and even tuh
point at time 90 llJjl. the reaction beng
comparatively small just in the closing
transactions the price jumped again 20
15T and fen back n point Tobacco also
rose ~ in the final transactions, appa-
rentiy I'm sympathy with Sugar. sales OF
sugar INhfMfN NWWFV tIhitHs A' hNNtAite
active railroad shares, which showed n
free price movement. were the exception
20 the rule The decline IN the Erangers
carried Burlington down nearly a point,
but tho net change IN the group does not
exceed half the gain shown by ROCK
island Omaha and Chicago Great West
srn. The same immobihty was manifest
ed in tho internationally listed stocks
Atchlson preferred, Chesapeake and ONO,
Northern Pacific. Southern preferred and
Wabash seemed 10 be held from moving
either up or down. The same was true
Of Louisville and Nashville until late IN
fhe day. when tho stock moved up a point,
but reacted partly. Some OF these stocks
were very largely dealt in but the trans
actions did not seem 10 effect the price.
The total sales Of all stocks were 5JOVOO
shares.
In the bond market the sales exceeded
a. 100. 900. and were strong generally, espe-
cialy the Reading As Government new
- bid up y. -. .,.o
Re sg7 shares. including Atchison pre-
ferred 2f. 22J. Chesapeake aud ONO, 4i5O'
Chicago. Burlington and Quincy 0.4SZ
Louisville and Nashville $3.50 S-Als sour
Pacific, 1895 Reading. $40 ROCK
Island. 0GGs: ST. Paul. % 100 Southern
railway. 1896. DO. preferred. 1920; Amer
lean Cotton Oh, 1900. American I0bacco'
q ,S27. Bay State Gas. lO,Sl3; Chicaso
Gas. 0.545: La CleGe Gas, 122O. Pacihc;
1855. sugar 1000: Tennessee Coal and
IRON. 241S5: Western Union, 1850; Chi
cago Great Western, 30,455
MONEY AND EXCHANGE.-Money on
call easy 1Q1h per cent; last loan az IA
and closed offered at 1alh per cent.
urine mercantile paper, 3l2q4la pee cent.
Sterling exchange slightly easieH WIN
octfoI business i'm bankers bills at 1890
Assn for demand and at 4s3h @4ss14 for
sixtv DAYS: posted rates. 4S4I14sol2 ana
4sGH G4S7: commercial bills, 49, SILVER
ccrtifcatcs. 52052M: bar silver, 5lA; Mex
ican dollars. Az. Government bonds
strong: state bonds dull; railroad bonds
hrm.