The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1894-06-23
FINANCE AND coMmERcE.
Now York Stock marks..

NE" 1ohhs June 22.-LoWer prices
prevailed at the stock exchange agsin
today, market having been adversely
Influenced by the engagements of 3d..
100000 gold for export to Europe on
Saturday, and continued liquidations in
the low priced stocks for London, Am.
sterdam and local account. To days
engagements OF gold briggs the total
engagements and shipments up to 81
500, 600 for the week, which is the largest
total for any week this year. Notwith-
standing the recent heavy shipments
the exports from January / to date are
only 500 ,635, 600 against sos ,672, 900 for
the corresponding period in 1898. Bids
OF 4 OF per cent were reported TO- day
for the privilege for calling $500. 900
gold at 1915 for the balance Of the year.
This is an inexpensive way of bearing
the stock market and was accepted as
such. The bears reBorted to these very
same tactics last year and the game is
thoroughly understood.
The foreigners seem disposed to
liquidate in Atohison, Denver preferred
and other stocks, their sales to day
being estima ted at from 1900 to Is, 600
shares The foreigners, according to
private cables, are uneasy because of
the steady depletion in the United
States gold reserve, and, then again,
the Atchison plan does not seem to
meet with approval in certain quarters
abroad, the resignation of the chair.
man of the English reorganization
committee having been announced The
Vanderbilt dire ctors put an end to the
gossip about reduction in the tivi-
dends OF their roads by promptly de-
claring the usual rates on New York
Central, Lake Shore. Michigan Central
and Canada Southern. The statements
issued, as expected, were unfavo-able.
The New York Central showed deficit
fer the June quarter OF S75s.26s The
Lake Shore for the half year has q
surplus OF S34, 400 against S273,9l5 In
1893. and the Michigan Central S13,23e
against S28,236 The Canada South
erns balance is 1855 099. Northwest
gross earnings OF S5SS, 900 for the month
Of May.
In detail the market opened weak and
declined 4@1H per cent. Big Four,
the Changers, Missouri Pacific and the
insolvent stocks instanced the greatest
losses. In the afternoon the industrials
developed strength, Sugar rising 3, Chi
cago Gas l Il, Lead % and Whiskey "a.
Chicago Gas was put up on rumors that
inc ulvloend had been declared, but OW-
ing to fears of legal interference no pub
licity would be given at this time. The
genera list recovered Il to q per cent.
and closed firm. The net changes for
the day show losses Of Il to per cent,
Western Union and Louisville and
Nashville leading. Chicago Gas gained
Is. New York and New England certif-
Gates A, Sugar IL. Transactions we're
1G9,50s shares against 1O6,511 yester-
day. The bond market WAS weak. The
sales Of listed stocks aggregated 100, 600
shares; unlisted, $4,000 Treasury bal
ances: Coin, Ss1, 1O4 900; currency, s57,
500. 900.
Money on call easy at / per cent
last loan at l and closing offered at
per cent. Prime mercantile paper, az
@4 per cent Bar silver, SEX. Sterling
exchange firm with actual business in
bankers bills at 4s7N@4s7A for sixty
days and 4SsN@4ssE for demand;
posted rates. 4ss@4s0}1. CONNER ial
bills, 4s616@4s7A. Government bonds
firm. State bonds dull. Railroad bonds
weak. Silver at the board was neglected.
Norfolk and Western closed at 90