The times. [volume] (Richmond, Va.) 1890-1903, 1894-06-22
FINANCE AND COMMERCE
rms CLOSING QUOTATi0Ns OF
MONEY
Offerings and sales ut tho Ricbmord To-
baoco Excbsnge-Internal Revenue
OBSERVATION-DISCLOSURES Advic.

NEW YORK. June 21.-Speculation IN
the Stock Exchange was quiet again
to-day. and the attendance at the board
smaller than usual. many brokers anu
operators having left the street at an
early hour to witness the SUBURBAN
Handicap at Sheepshead Bay The tend
ency OF prices during the greater part
OF the day was downward. owing 10 the
engagement OF s2.0O0.0O0 gold for ship
ment TO Europe on Saturday and belief
that next weeks exports would be heavy.
The reduction in the Wells, Fargo * GO:
semi-annual and the Mexican National
quarterly dividends, and the passing al
together OF the one due on the stock
OF the old Colony Steamship Company,
following so closely after a similar ac-
ton by the New York, New Haven and
Hartford and Northern Central directors,
discouraged small holders, who made
little resistance TO the somewhat feeble
attacks made by the bears. 1t also
directed attention afresh to the probable
action OF the New York Central directors
tomorrow. The consensus of opinion
was that no change would be made In
the Vanderbilt dividend at this time.
and the stocks certainly acted as II
the usual distribution will be ordered.
Atchison started Off firm. and at flrst the
reorganization plan was favorably re-
ceived. Later on London sold the stock
and local holders also appeared as sell
ers. The common rose fractionally 10
SIS, fell TO 81, and left OF at 61s. In
the early trading the general list moved
up u to y, Union Pacific and Erie lead
ing. raid on Chicago Gas. in which
the speciality was depressed from I9ls
to 77% destroyed the good feeling and
a reaction set in. Talk about entoin-
ing the payment OF the dividend hurt
Chicago Gas. Sugar was lower on
marketing OF long stock. and the price
fell from rs 10 96h, with a subsequent
recovery to 97k. Fears OF a. 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 1t from
27% down to 26A, but at the close rally
to 26H ensued. Denver and Rio Grande
preferred dropped from 2s7s to 25iA Lon
don sold a little Of the stock. The first
mortgages were offered down . points TO
113, but there were no transactions In
the gold fours. The interest on the
latter is due July LIST. Just at the close
n frmer tone prevailed and a rally Of
val per cent. took place. Speculation
left OF firm Net changes for the day
show declines Of AG1k per cent. Chicago
Gas lead. Distillers, New York Central
Erie. and Lead. however. gained to
x per cent. Total sales were lO6.5n
shares. including q, 700 American Sugar
1890 Chicago Gas. II 200 Missouri Pa
cifc and 900 Atchison Listed. 16WD
shares; unlisted 30 800 shares The
bond market was weak. ooo..
Treasury Balances-Coin, SS5, 4Zi'oOo'
Money on call easy az per cent. last
loan az / per cent. and closing offered
al | per cent: prime mercantile paper,
3i5d4 per cent. Bar silver 63is. Sterling
exchange firm. with actual business IN
bankers bills At 4s7i4G4s7a, for sixty
davs and 4ecs9iSSst for demand; posted
rates. 4sSd4Slhl; commercial bills, 4s6A
d4s7H. Government bonds firm. state
bonds dull. Railroad bonds weak. Sill
yer at the board was neglected.