The times. [volume] (Richmond, Va.) 1890-1903, 1898-01-28
FINANCE AND COMMERCE
he CLOSING QUOTATIONS or
MONLr.
Offerings aud sales at the Richmond To-
bacco Exchsngs-Inierpal Revenue
Collections-Foreig Advances.

NEW YORK. jan 27.-There were a
number OF features OF aggressive strength
IN t0-days stock market. hat there were
also evidences that the sustaining force
oi these special stocks were taken adj
vantage OF TO sell out heavy lines OF Olncf
stocks 10 realize profits. The centre OF
interest in the market continued 10 DC
New York Central. The persistent al
vance IA this stock as attributed very
generally I'm tho street 10 inside buying,
and thc reports OF a pending plan Tor inc
merging OK Lake Shore aud New YORK
central Interests md general credahce.
The advance was twice arrested during
the DAY hy reactions. The large aDsOrp-
lion OF the stock. which deveioped before
The decline had reached great lengths
suggested the probability that the reac-
oon was manipulatcd in the intefcTt %
those seeking 10 acquire the STOCK. Lake
Shore yielded ~, OF It's extreme advance
of 2ia before the close it II noticeable
that tho Vanderbilt stocks Tor the mos
part closed below last night maj price.
Northern Pacific preferred Kansas ana
Texas preferred. and Rock Island were
leaders ga conjunction with New 7 Oih
Central. There were not lacking othe.
features or strength in the market dhu
the New York transit companies were
conspicuous for a. sudden and sharp aH-
vance in the hual hour. But, CONSTRUCTING
Che large volume OF business, the siiiaI
net advance IN many active sptC""tN'
faSDrltcs and the mixture OF losses OF
the DAYS business 81 must be regarded
as probable that there was iafs' tth-
ing OF PROFITS by recent buyers. i.oh9on
0ad large account IN the loc4t ma ~
TODAY. and ON the Side OF eiltN lh'i'
was "A balance OF over 5000 shares.
There was no news 10 explain Su,h d"
change OF front on the part OF tht biI
ssh financial centre ana d. can ohiy pc
accounted for by slgnlucihl hlspo3lli"H
TO take quick profits on a sharp advance
Sterling exchange responded 10 the Lon
don selling with "a rather frmer tone
There was no hardening tenuehcy bgl
,epflblo IN the local money market. AHt
enormous demand for middle grace ana
low-pricod bonds continued IN thdt de-
rartmcut of the market to-uaN. no
volume OF transactions thus Tar III Janu-
airy iS said 20 be Tar IL excess on liIa'
for the corresponding period in any pre-
1foue YEAR Today business was large
and the advance is marked IN lnc iV"-
priced speculative issues. Iotal sales'
S5G7OOop United States old Z g, coupon
-vere D.. higher bid. the new 5 "a higher
and tho SIS coupon. * lower 80, OIL,
The total sales OF stocks we're sos, 5D
Shares. Including AtChison preterreo' -
no. Chesapoake and Ohio. 6.15J Chicago,
r}urlinpton and Quincy. %. 3s4. Erie new
first preferred 1861, LouisNlne ana
Nashville. G2lO. Manhattan. l90yo' MICH
ipau Central J.aD3. Neadlht mrs. ~
forrrd GO5D. Missouri Pacific. lIyoJ. MIS-
eotri Kansas and Texas preferred. ls,-
42O. New York Central, 5l.22O. Nolth
American Company. $50, N0Etherh "a
oinc. $3.50. do. preferred. 4o,9'o; On H,ta,o
and Western. $40. 81. Paul - -, Dn.o"
pocifc. el iO2. Chicago Great western
o 550. Peoples Gas. 9.7i2; General Elec-
uric. G.657. Sugar 2O0lO
,ro>-rN, AID EXCHANGE Money on
.eU e9ev al Shd3A per csnt.; last loan
,t or. NOR cent. prime mercantile paper
.43A' Den cent. Sterling exchange ihrii,
fett r,tstsg for demand and az 4s2t4
4e3E for sixty days: posted rates, tS{g
49, and 4S5il0is6. commercial p1iss.
4stil44S2 Silver certificates, JGto9.A'
lar silver. 90. Mexican dollars ~ 4.
Government bonds irregular 9'"'e '0'''9
dun. railroad bonds strong.