The times. [volume] (Richmond, Va.) 1890-1903, 1898-01-20
FINANCEANDC COMMERCE
nm CLOSING QUOTATIONS OF
NOME.
Offerings and Sales at the Richmond To-
'bsoco Exchango-Iniernai Revenue
Collcctions-foreign Advances. o.

NEW YORK. Jan. 1o.-The market for
stocks to-day improved in tone ynd ac-
ilNity as the day wore on, and az the
tiose the general list showed fractional
improvements, while in some cases there
WAS a rise Of from l TO pa points. The
close was ctrong at the best prices OF
Tho day. The extreme ease Of money,
Nau loans being made as low az ~. was a
potential influence in the markets late
strength, There were several other bfne-
ilcial features I'm the news OF the day.
Tho weekly earnings Of railways IN nearly
every case were net Increases running up
TO 10000 ON the Chesapeake and ONO
und 200 I'm Louisville and Nashville.
The Sl5Vpo.OOO Illinois Central Terminal
bonds were considerably 0vcrsubscribed.
These facts. together with the election OF
the House OF Representatives al WASH
lngton IN sustaining points OF ordci
against cuban resolutions causing "a ris-
ing tide in quotations. the traders taklng
The view that the legislative action IN be-
hait OF Cdba for "a while az least was
improbable. Washington reports regard
ing tho currency question had little inHu-
'ncc on the London market for "Amcrl-
can and Berlin and Frankfort were re-
ported AS taking AN apathctic view OF the
subject. The transactions IN sugar anu
North Pacific were in considerable volume.
Sugar rose on street gossip that II was
time Tor "a resumption or the bun cam
palgn in that speciality. Northern racine
LEFT of al n. advance ON hopeful cN-
prcssions REGARDING the earnings ny
friends OF the property. There We're
Naguc rumors Of the likelihood of AN ef-
fort 30 secure legislative permission lot
The consolidation OF local gas companies.
sud Consolidated Gas rose Sharply ana
retained part OF the galn. MODlc anu
ohio advanced ia. This was attributed
10 The subsequent announcement or the
I per cent. dividend. Ilttsburg, tihtiH-
matt ana ST. Louis was strong on tht I"N-
orahlc December arningS The granger
gHI loco. Hr.N U.nFfn flow LnMNnE ENMN|U I'M
fhc DAYS appreciation az values. OREGON
Navigation was mp . points oregon I'M
prCFCmcnt trust receipts. -e' tl'bvh
Short Line. 1's, Northern Pocihc, Is 90.
preferred. 1h. and Union facilc trust
certificates ~. other notable gains were
Ia Clode Gas preferred. H.. New YORK
SusHuehannd "a Western. ~. FIttspuf-'
Cincinnati and ST. Louis. ~; DO. pre-
.roII que lnOD aassaUu0L pup so p5I47J
is. There were no important losses
The bond market maintained "a ldlF a.
gree of strength. with Transactions largely
centcrcd Jon the speculative hcns. me az
grogate sales we've S5'4'o vO' IoNri"
mont bonds showed an easier tendency.
The total sales of stocks were -S'."Vyl
shares. including Chicago. Burlington ana
Quincy. 1850. Manhattan EleNdtedi
9s5 Nietrooolitan Traction 100, M's-
souri Pacific. 500 New York central
Tggl. Northern Pacific. A24"pt 40 pre-
fcrred. $3.50. st. Paul. $50. Union Ia
oiHc. g7.lOl. Chicago Great western, 3,>tus
Peoples Gas. i0.1G0; Sugar 4l'6J'.
MONEY AND EXCHANGE Money on
raI fh02 per cent. last loan, : per cent.
prime mercantile paper, 305t per cent.
Sterling exchange dun ana easier WI
-rf,tal businrss i'm bankers bills az 4S4Aln
45ff. and 4s30fS3K for sixty days posted
rates. 4S344S2ls and 4S5l2U4e5, CONNER
cial bills. fSif,. silver cettulCates, 'oy"
Governmont bonds weak; state bonds
dull. railroad bonds firm.