The times. [volume] (Richmond, Va.) 1890-1903, 1897-08-27
FINANCEAND COMMERCE
gHB CLOSING QUOTATIONS OF
aONET.
Offerings and Sales at the Richmond Tos
bacco Exobange-Internal Revenue
Collcctiops-- Foreign Advances

NEW YORK. August 26.-The striking
fact about to-days market for stocks was
tho absence Of any large offerings 10 sen
The sharp rise OF prices az the opening
~ tho market was on a very moderate
volume OF purchase The buying demand
Tell of almost Immediately. but prices
rsCCdcd very slightly and held FIRMLY IN
p6e Of an almost stagnant demand. NC
bg buyers were practically out o. tne
market. and even the small demand snow
ed few stocks forthcoming. SO that prices
moved easily On either direction. Even
with the conditions so Inviting 70 maulpu-
latlou, the market was apparently heb-
lccfed by an interests and many stochA
which have been active in the recent trad
ing did not move at ON during the cntTe
nay. Total sales. 10000 shares, IS Wy
low record FOR several months past Much
moro animation was manlIeftcd IN tht
bond market and prices there were strong,
exercising a sustaining influence on
stocks. Tho ouietncss which mas 1dllth
upon the stock market Is due 70 n some,
what unsettled feeling as 10 balety milu
rnal diminishmcnts Of tho corn crop Inc
morcurial condition OF the grain markets
has aroused n condition or DOUBT IN tue
minds of stock traders, ana they arc
waiting for more fixed conditions before
putting further money on large scare
Into stocks. The strength or lndiVidua,
stocks helped 90 sustain the market
which was in that respect almost repiu-
tion OF yesterdays. Missouri racine Was
strong and sold az the opening nc. above
last nights close. The stock was IN good
demand an day and closed with a nei
gain of 7sc Tho Nandcrhilts continued
I'm good demand and radiated strongly
through the market. Chesapeake ana
Ohio was most largely dealt IN on reports
of fts IMPROVING finances and led the list
with sales Of ZOO shares cleveland g.
g. and S. Louis pfd was bid up 70 tS aa
against a. tho previous sales. during me
latter part Of the day Sugar was remarl
kabfv steady at over point above last
which was most prominent I'm the gfang-
ers. carried the market 10 the hlkhtst
level Of the day. Rock Island leading WIN
a net gain ~ ia per cent LONDON puylns
was unite prominent factor IN view OK
tho small volume OF trading. The SAFES
Tor tho day for London account were es-
timatcd al 1900 shares. only the tnIee
lending grangcrs Chesapeake and ONO
ard ~ y n. were dealt in TO the extent
Of 10000 shares. Net gains or a shaIp
fraction were general all through tne
list al the close and extended 70 oR IN lHe
case Of Norfolk and Western pld, 70
in Ia Clode Gas. and a point I'm Michigan
central Metropolitan Traction losI =.
Lake Erie and Western q point ana Nlah-
haitian. Tobacco, Canadian racine, C9lU .
RADIO Fuel Cons. Gas. Gen. Electric nor
Pacific and Southern pfd fraction.
Mo total sales of stocks for the day
were 2l1l1O shares. including Atchls9n
pfd. 1880 @. and o. e. 5,coio Cbilc"tt9 d.
ana O. 10oe0; j.. and y, 1920, MO F 56,
q 500 ". y. o.. II O35 Rock Island. lO5gl;
50 PaKi 1867: la Cledo Gas. 2,720; Su-
gar. 1870. Chicago q. W., 9ll3'
The railroad bond market was aJlNo
for fho special issues at higher prices
government bonds sold a fraction higher
gbe total sales Of bonds were S2No'VoO'
MONEY AND Money on
cali e9sv al 101h per cent; last loan
ft pcr cent: closed i0lh; prime mer-
camille paper 3NQ4h per cent sterling
tonkers' bile at 4SjM for demand, and az
aSgiI for sixty days. posted rates 4S4l20
1s5t and 4sGN04s1. commercial ol,lls,
4s2Gis2ib. silver certificates, 9l12Q9z, oar
tii,.lr 5fi.. Mexican dollars, 4Oh, Govern
,,,.,f tor.is strong: state bonds, dulli