The times. [volume] (Richmond, Va.) 1890-1903, 1891-06-11
FINANCE AND COMMERCE.
OPERATIONS or TIE NEW YoRR
STOCK MARKTT.

situation of Tobacco Mt Richmond and other
Important Centres Quotations of tho Ne"
York and Liverpool Cotton Markets-Pro-
visions and Gram
NEw YoRR, June iO.-Mouey closed at 2't per
cent. Exchange closed steady; posted rates,
ls5IIes4SSIs: actual rates, 4Si9%@aSS& Tor sixty
days aud 4S7ltslSs9l for demand. Government
bonds closed steady; currency 6's' iOg bid Is,
coupon ii9 bid as, do. 100 bid
Cable advicos. both private and public. 20 tho
effect that some OF the European nations are
Ail deSirous of obtaining more gold. especially
Russia In which country 10 ls stated, some
SOO0Ol0 pounds Is wanted between inns Ume ana
October to meet old loans held cmehy no dol
land and FOR other purposes, had the effect Of
checking trading this morning ON the
Stock Exchange here. in the two, hours
hands The sSoOO00 i'm gold which WAS shipped
to-day was understood to DO for the h0thschilds.
Mall street is under tho impression that tins
amount was shipped at a loss. TINT 10 rs said IN
kome Quarters that this IS not al all certain.
The Bank Of England has, 20 he sure. reduced
its premium on gold. but there Is no way Of
farming whether the ROthSchllds havs also. 1t
i known that all through the period of gold cX-
uorts there has been much competition
hefween the Bank of England and tho
k0thschilds cahlcgram received from
London today says that the directors OF the
Bank of England nave decided not 60 reduce tho
rate Of discount any farther for She present,
pold 20 is understood that 00oOl pounds went
ia Russia to-day. A cable special printed this
morning stated that 20O0O pounds went to
Austria Saturday. This demand for gold hy
Austria 1. q new feature of the gold movement.
Notwithstanding THIS prospective increase IN
the demand for gold I'm Europe Tins
market was firmly held to-day. Ihore was
some buying for London account IN
fho carly dealings and during the
first lour prices advanced IS 10 r. per cent. ON
nearly ali the stocks. The exchange WAS hrmcr
this morning. and posted rates were advanced
TO II cent and demand bills sold at 80 +e'@
4>7a4 There was no gold engagement. up 20 II
o'clock. In the two hours 20 O clock Chicago
Gas was the only speculative that displayed any
activity. II acted INDEPENDENTLY 20 the rest
OF the list. having first declined per cent. 10
ss7s- and subsequently recovering the loss. The
only other feature was National tOrdage,
which advanced l9S per cent. on q moderate
business. There was also some interest IN So.
Paul and Louisville and Nashville, but othor
stocks were dull and without material
change. throughout the afternoon the
market was very dull, but prices continued
INN and Just before the close 81. Paul Union
Pacific and Burlington suddenly became ac-
tive and recorded slight advances The advance
In t. Paul WAS attri 10 the favorable show
INK on the roads earnings FOR the FIST week ~
june. Tho increase in the gross earnings Of
III Western Mon TELEGRAPH Company declared
the regular quarterly dividend to-day of "a per
cent. The decrease IN revenues for the quar-
t,r was S250NN0; surplus over dividends Tor inc
wear. si 2s4.Qi6. against 81 40SNS last year. The
closing prices were generally IS 30 j per cent.
higher for the day than yesterdays figures.
Total sales to-day amounted 10 l2i,535 shares.