The times. [volume] (Richmond, Va.) 1890-1903, 1897-02-25
FINANCE ANDCOMMERCE
the CLOSING oUOrATIoNs or
MONEY.
Offerings and sales 1T the Richmond 10
bscco Exchangc-intcrn"i h'N'""e
coIIcotions-Forcigu Advances.

N,t,yv YORK Fob. 2i-Whcn business
~ r,enmed M the Stock EXCHANGE 'ni9
mornlng the bulush ieehnb was J" Wv
ascendant The opci i"' -
ignored the fractional d''hNe iNpv'',
60, u ordou and were iucihcd 10 t'N'
= 49,, favorable view OF the SITUATION,
rsnrclauy as the 81. iaul statement io'
tha third week of February Ano"cu ~
Increase Boo earnings as compare" ~
80 ,,.ar and as 30 WAS announced tha.
~. orders for street rails mad rta'i 90
',,,ch pronoriiOns that the pennsylvania
Sfcol Works were refusing new oiue''
a. ANYTHING less than 50 per ton. Inc
Who were running the market, ana 'il'S
arc generally men OF smhu c. 10
Ioucht with more freedom than %, Iatc,
and succeeded iu lifting prices 9 10
nor cent In "a few instances thr rise W."
sfll moro marked. Minnesota iron TIC
inr up 4i. Consolidated las T. 80.
Leather preferred ~ per cent. D.. Ic.
mentioned was faNOrahiy inhuch,'h TT
a time boy the annual report SUNNI
TO tho stockholders at their httl"s ~
day Tho shorts became nervous r..
cause of their inability 90 force ont slo.n9
held by weak hands. and they 700, s,ii,
ed IN 10 buy. with the result OF siliiiula'.
ing the rise Tho upward moNtl"I
was checked during the aitttHoo' -
the introduction IN the Senate OF wv 80
luton demanding the prompt itie"s Sr,,ts
Snnguilly now imprisoned IN 'una' n
gave speculation a chill, as il M"9 49,"
mcdiately suggested hN tue "."'' ,n
tho resolution boz question mean, its,'
batch of dlsQWeung ipN9,S .5n~,.aio,,cd
Ct,ban sifuaffOn Tho market dcNelop'u
Increased weakness ass the session on ~ nv,
10 "a close. and not only was thc carry
imDr0Vemcnt lost. nut "a number OF i'Au-
ing stocks. like Manhattan bui iiile to''
and Quincy. ST. Paul. Rock Island, cen
oral Electric. Louisville ana NasnNlllc,
chicago Gas. Western Union, ana jersey
Central sold q 10 rs per cent. pe. '.o
80 uighf's closing. The traders are
sr,b Ia Iirht-waistcd lot that they
cnanee their positions with almost every
half per cent. nuctuatiOn, ana niue sis-
changes. The stock that developed iNy
greatest weakness in the lhtc uaulhh
we're Manhattan Sugar Chicago gas
tho Grangcrs. Reading. Jersey ttnlidi'
Tennessee Coal. and Western mon
Tho total transactions were l-V-so sna, ',,
Including % 900 Sugar. ll,vlp lseatuc'
rreferred IL 200 Tobacco. ll,-VJ buI lii...H
ION and Quincy 1000 ST. Paul ana '.-VV
Reading Net changes show dccIli'9
If Lnfi- per cent. i'm the leading SNARE
Minnesota Iron. however. rose fi4' -.
solldated Gas . Leather pieleiltg,u ca,
Tobacco Is. and Sugar q per cent, n .,.'5
we're very irregular Sales absIesa'1N
MONEY AND EXCHANGE; Money ON
can easy at 1ilN2 per cent, lasl iva" =,
IL per cent. and closing oI'l'" 81, -
rer cent. prime mercantile l"p'l. " 49,,
cent. Bar silver. Oh I"-lO. ,..,.1 h,ei-
exchange dun and firm. with actual nus'
ness I'm bankers bills M 4N'a 80 i9.
sixty DAVIS and 4S7NfSt4 for deinat''
uosted rates. lS5iaN4SS. commercldi ni'is'
4Ssi5afS4is. Government bonds 7,y"v,
state bonds dull. Railroad DOM" ~,
regular silver at the board was hln
TREASURY BALANCES. Coin, SIS
oS7 ego. currency $50 So. o.