Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1894-06-23
Mean temperature. .......".Sj
NEW YORK STOCK MARKET

NEW YORK, June 22-Iower prices
prevailed at the Stock Exchange again
to-day, the market having been adversely
influenced by the engagement Of S3,5O0,0Oo
in gold for export 10 Europ, on Saturday,
and continued liquidations in the low
priced stocks for London. Amsterdam
and local account. To-day's engagements
Of gold bring the total engagements and
shipments up to S.5O0.O0 for the week
which Is the largest total for any week
this year Notwithstanding the recent
heavy shipments. the exports from Janu-
airy LIST to date are only s62 635. 900, against
s6s. $1,000 for the corresponding period in
1893. Bids OF 4 per cent were reported
to-day for the privilege Of calling $4,000
gold NJ 1912 for the balance Of the year.
This is an inexpensive way OF bearing
the stock market, and was accepted as
such. The bears resorted to the Very
same tactics last year, and the game Is
thoroughly understood.
The foreigners seemed disposed to liqui-
date in Union Pacific, Atchison, Northern
Pacific preferred, Denver preferred and
other stocks, their sales to-day being es-
timated at from 10000 10 1900 shares.
The foreigners, according 10 private ca
bles are uneasy because OF the steady
depletion in the United States gold re-
serve, and then, again. the Atchis0n plan
does not seem 10 meet with approval in
certain quarters abroad. the resignation
OF the chairman Of the English ReOrgani-
zation Committee having been announced.
The Vanderbilt directors put an end to
the gossip about a reduction in the dlVl-
dends Of their roads by promptly declar-
ing the usual rates on New York Cen
trail, Lake Shore. Michigan Central, ana
Canada Southern. The statement is
sued. az expected, was unfavorabIe. me
New York Central showing a deficit for
the June quarter Of N5S2GS. The Lake
Shore for half the year has surplus or
Ss4 40. against sH3,9l5 in 1893, and the
Michigan Central. 1896. against S2S,25
The Canada SOutherns balance Is $l5j,Oy9.
Northwestern sold off Ia per cent. on the
loss in gross earnings of $sS,WV Tor the
month Of May
In detail. the market opened weak and
declined h4lR per cent: Bls -FOUR the
vent stocks instanced the greatest losses;
In the afternoon the Industrials developed
strength. Sugar rising ). Chicago Gas,
IA: Lead, .. and Whiskey q. Chicaso
Gas was put up on rumOrs that the dlVl-
dend had been declared, but owing 70
fears Of legal interference, no public mo-
tice will be given at this time. The gene,
raj list recovered - TO = per cent anu
closed nrm. 1nS nOlCHluSS ioi nv 10y
show losses of a to I per cent, Western
Union and Louisville and Nashville lead
ing Chicago Gas gained Is; New York
and New England certificates, ~ sugar.
~ The transactions were $50 shares,
against 1861 yesterday. The bond mar
ket was weak. .,,,
The sales Of listed stocks aggregated
100 900 shares: unlisted, 5000 -
Treasury balances: Coin, $sl.lO4Wo; cur
rency, S7.396oO0.
MONEY AND EXCHANGE.
Money on call easy closing al ! per
o.nt /. 81 loan at | per cent, and closing
ing offered at per cent; prime mereah-
tile paper. 3isd4 per cent. -. ..,
Bar silver, 62%. Silver at the poaiu
neglected ..,,s actual
Sterling exchange firm, with act dlal
business in bankers bills at ASIgHts,1t
Tor sixty DAYS. and A.&l9dtSSh. Tor de-
mand. posted rates. N.SSniS9l2; CONNER
ciai bills sLS6i2atSh. ,s.
Government bonds firm. state pOhuS
dull. Railroad bonds weak.
ATi0NS.