The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1894-06-22
FINANCE AND COMMERCE.
New York Stock Market.


New YORK, June 21.-SpeculatIon in
tho stock exchange was quiet again to-
day, and the attendance at the board
smaller than usual, many brokers and
operators having left the street at an
early hour to witness the suburban
handicap at SRt epshead Bay. The tend.
ency OF prices during the greater part Of
the day was downward owing to the
engagement Of SO. 600. 900 gold for ship
ment to Europe on Saturday and a
belief that next weeks exports will be
heavier. The rt duction in the Wells,
Fargo e. CO. semi-annual statement
and the Mexican Northern quarterly
dividends and the passing altogether Of
the one due on the stock Of the Old
Colony Steamship Company following
so closely after similar action BY the
New York, New Haven and Hartford
and Northern Central directors, dis
couraged small holders, who made little
resistance TO the somewhat feeble at
tacks made by the bears. 1. also
directed attention sfresh to the prob
able action Of the Now York Central
dire ctors tomorrow.
The consensus Of opinion was that no
change will be made in the Vanderbilt
dividend at this time and the stocks
certainly acted as II the usual distribu.
ton will be ordered. Atchison started
eli firm and at first the reorganization
plan was favorably received. Later on
London sold the stt ok and local holders
also appeared as sellers. The common
rose fractionally to 6%, fell to SIX and
left off at ca. In the early trading the
general list moved up Il to u, Union
Pacific and Erie leading
raid on Chicago Gas, in which the
speciality was depressed from 79T to
77S, destroyed che good feeling and q
reac ton set in. Talk about enjoining
the payment OF the dividend hurt Chi
csgo Gas. Sugar was lower on market
Ing on long stock and tho price fell
from 90 to 96%, with subsequent re-
covery to 97H. Fears of stubborn
fight over the sugar schedule in the
House accounts for the selling of the
stock. The bears also tried their hand
at Missouri Pacific and forced it from
27M down to 26A. but at the close q
rally to EEK ensued.
Denver and Rio Grsnde preferred
dropped from 2S% to 253S. London sold
little OF the stock. The first mort
cages were offered down points to 113,
but there were no transactions in the
gold fours The interest on the latter
Is due July first Just at the close
hrmer tone prevailed and rally of ~
per cent. took place. Speculation lef.
off firm. Net changes for the day show
declines OF A@11s per cent Chicago
Gas. Lead, Distillers, New York Cen
trail, Erie and Lead. however, gained Il
to q per cent. Total sales were LOG, SO
shares, including 23,7OO American
Sugar; 10 600 Chicago Gar; 1900 Mis-
souri, Pacific, and 9.1O0 Atchison; 76, 600
shares were listed and 80, 500 unlisted.
Treasury balances: Coin. $50, 426, OOO
currency, Sos, s62, 900. The bond market
was weak.
Money on call easy at per cent.
last loan at 1 and closing offered at
per cent. Prime mercantile paper, az
ga per cent Bar silver, 63A. Sterling
exchange firm with actual business in
bankers bills at 4s71d@4s7% for sixty
days and 4ssM@4SsE for demand;
postedrates. 4ss@49s16. Commercial
bills, 486H@4S74. Government bonds
firm. STATE bonds dull. Railroad bonds
weak. Silver at the board was neglected.
Norfolk and Western closed at 90