Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-06-12
MARKET QUOTATIONS.
REPORTS FROI ALL GREAT BUsi-
NESS CENTRES OF THE WORLD.
Price. of Money, Bonds, Stocks
Grain, Tobacco, Cotton, Cht'ie'
Cayutsy Produce, &C., Foreign
and Domestic.
and Domestic.

NEW YORK. June 1.-The prices VI
soc,,rtties to-day scored a further step
I'm the progress toward a higher plane
which has continued the dominant ten
doncv of the market now for over two
weeks. There was large amount OF
selling TO realize profits from time TO
time Inv holders satisfied with their gains
and scentical of the stability and per
manence OF the higher range prevailing.
Rut as has been the case more and
more notably. the offerings 10 realize
were quickly absorbed. with only iem-
porary setback to prices The closing
prices to-day were generally below the
hest of the day. owing TO this profit
taking. as was the case yesterday, the
me. gains being considerably less than
the extreme advance.
The aggregate Of sales was not so large
as yesterday, beiIs about @NWO. p"1
was me largest Of Ne year, except yes
tcrday. The list of transactions also
shows many additional stocks awakened
from dormant state into active trading.
This was. in fact. so markedly the case
os TO suggest manipulation. with the
TO the level Of the recenty-advancins
and active securities. There was talk on
the exchange Of a bull pool nj work in
certain securities This BELIEF was ac-
centuated by the contrast of the halt IN
Tho advance OF the active leaders Of the
recent inward movement. notably the
crsrcars IL is familiar device In a
bun market 10 realize i'm one group OF
securities. while sustaining the market
by purchases in another
The favorites in to-day's advance were
The low-priced shares Of recognized
comDanies. There were over A'Uc-
shares OF Northern Pacific sold. this
total being exceeded only by Sugar, with
81 900 shares. Northern Pacihc common
also showed sales OF over 1900 shares.
OF Union Pacific. 22.O00 shares were sold.
This group of stocks had been laNorl'e
with London for some time. ana the hlgi
range attained invited some selling by
London TO reali1e. Lohuoh was "'Ho'
however. "a buyer.
Reports from exchanges in other cities
of revived interest and activity in specu-
lation helped TO sustain the market
Sugars aggressive strength also gave
tone to the whole market. the
buving being induced by the progress
made with the sugar schedule in the
! senate. The advance in the Anthracite
coalers was accelerated by the short in
,er.s,s which were forced to cover
| somewhat.
The urices of many stocks were car
ried below last nights prices by rea
| lizing at one time or another during the
| dav but practically show. net gains, the
notable exceptions being Northwest
! omaha. and Lead preferred.
Tobacco lost point
! Canada Southern al one time teacte'
| f., but gained a Traction, net. The stocks
Of the iron companies were notabi!
strong. on the trade outlook
The total sales Of stocks to-day wer'
| 2g5 SOB shares. including American 10
| baceo Company 10000; American Suga
! Refinery. e. 400; Burlington and Quincy
! a ooo. chicago Gas. II. 400; Delaware an'
! Eudeon 1850; Louisville and Nashville
| oO0. New York Central. 400; Northern
Pacific Il. 200: Northern Pacific. preferred
27 500. Reading. 1900; Rock Island. l2~l
Il Paul. IS. 400: Tennessee Coal and Iron
r 900. Union Pacific, 2l,soO; New Jerse.
! Central, $500
The bond market continues to broader
from day TO day. with increasing
strength i'm the usually dominant mort
CAGES. The inquiry for these securitie
Is quite good. with wide variations be
tween bid and asked prices. The trans
actions noted are several points aoov
preyious sales. with some issues record
ing exceptional changes. Trading in tn
speculative issues quieted down some
What with fluctuations narrow. Tn
aegreqate sales were sl,SGl. O00 Govern
| reorts continued 10 trend upward will
business confined to country dealings.
Rank CLEARINGS.
The total bank clearinss for the weel
a., the United States were sl.0OS 49,. SIS
nor cent increase, 7.S. Exclusive Of New
York. s42s,sfsl7: per cent. Increase o4.
MONEY AND EXCHANGE.
ID N-Money on call easy al lG1 l.
,or cont; last loan at ] per cent, anC
/ rInsing offered at lQl il per cent
,,r,,,,e mercantile paper. 8 l-2ui per cent
fc,arl,ng exchange firner. with aetna
,..'Stnass in bankers bills at AN foi
/ Je,,a,d and at Si.Sj S-id$4S5 for sixty
ava. posted rates, sis5 l-2uSiS anC
a. ssl,s4 IS l-2; commercial bills. siS.
silver certificates. eon6o 3-s; bar silver
20 rs. Mexican dollars. A Ii
Government bonds strong; State bonds
dull. railroad bonds strong.
NEW YORK STOCK QUOTATIONS.
Closing stocks
Atchisva. ropsks ani >t1,1 - 49,. i2k
Adams Express ......... ................l4D
Alton, Terrc Haute. ............. .......... 70
/ American Express. .......................ill
Amencap SI.tr 10 80 yea lSb
American SUGAR Refinery preferred. .....107
I<t.a