Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-06-29
MARKET QUOTATIONS.
REPORTS FROM ALL GREAT BUsI-
NESS CENTRES OF THE WORLD.
Prices Of Money, Bonds, Stocks,
Grain, Tobacco, Cotton, Cattle,
Country Produce, &C., Foreign
and Domestic.
and Domestic.

NEW YORK, June 2S-To-day's
the large volume Of transactions. and
the great animation Of the dealings,
as well as by the continued strength of
the upward movement Of prices The
marked exceptions 10 the greatest
strength were the active stocks, which
have been recent leaders Of the advance,
and in which there was heavy realizing
to-day. This realizing was, to large
extent. by the professional element, and
represented simply a transfer Of hold
ings from stocks which have moved
freely upward TO others that have Jagged
in the advance, the calculations evident
~ being that the advance Of the lag
CARDS Is merely deferred. Such trans
fer was made on very large scale from
Burlington to st. Paul. The latter stock
has not moved as freely as the other
Changers, and Burlngton's relative price
has come up from below that OF ST. Paul
10 several points ahead Of il. This has
led professional traders TO take their
profits in Burlington, and TO transfer
their holdings 10 81. Paul.
The jump in the price OF st. Paul at
the opening invited some sales of the
stock by the arbitrage brokers for Lon
don account, which served as a partial
restraint on its advance.
Manoeuvres similar to this trans
fer were executed at other points In the
list. Considering the proportions Of this
Liquidation, the prices of the stocks af-
fected were singularly firm and steady,
and even strong in some cases A re-
dictionary tendency was induced a one
time in the morning early. and the ever
watchful bears again believed their OPP
portunity had come, and sold stocks
some prices receding below Saturday s
closing level This was notably the case
in Burlington and Northwest
The total sales of all stocks were
nearly $4,000 shares, which has not been
exceeded. nor equalled since the three
davs following the election last fall. Be
sides the extraordinary volume OF the
transactions. their vice distribution was
a noticeable feature. The dealings were
disseminated all through the active list,
values are at the lowest ebb, as a group.
of any on the list, came in for a share
of attention. Hooking Valley en-
loved rise from 21-2 TO 30 3-s.
sugar showed very aggressive strength
all day, and gained IS net. Chicago
Gas was also very strong, and advanced
27-S. The only peculiarities Of the mar
ket otherwise were the stocks whose
prices declined. Net gains were the rule.
and extended to point or over in
BROOKLYN Rapid Transit. liz In Lead,
General Electric, Chicago and Eastern
Illinois; I In Long Island, and in Denver
and Rio Grande preferred. Illinois Cen
trail Oregon Short Line. st. Paul. and
Rock Island, and =. c. and st. Louis pre-
ferred. East River Gas and Consoli-
dated Gas gained S-S each
Colorado Fuel lost Ia, with subsequent
recovery. Illinois Steel declined 2l-i,
with a rally on account OF prospective
labor troubles. Bay State Gas, Norfolk
and Western preferred, and 81. Louis and
san Francisco first and second preferred
are also down fraction.
The total sales OF stocks to-day were
l33 2S2 shares. including American To-
bacco. II. 800; Atchison, Topeka and Santa
Fe. TOO; American Sugar Refinery, 62.4OO;
Burlington and quincy, 300; Canadian
southern. 5000; Chicago Gas. $500; Gene
raj Electric. $500; Louisville and Nash
willie. 10000; Manhattan Consolidated.
: 900: Missouri Pacific. 6,lo0; National Lead
Company, 100; Northwestern. 5.leO;
Northern Pacific preferred. S,loo; Omaha.
500. Reading, II 1900; Rock Island, 2i 800,
81. Paul. 80 400; Western Union Telegraph
IA 500. southern Railway preferred, h."
The brisk demand apparent for railway
and miscellaneous mortgages was reflect
ga in substantially higher prices for many
issues ON transactions OF 2,l6o0O. OF
which about 81. 10000 were dealt in during
the FIRST hour Of trading. The purchases
of the high-grade securities were char'
acterized by material fluctuations St
Paul gold rs and C. c. and l. registering
an extreme rise OF 4 per cent. each. The
gains elsewhere In the market were less
noteworthy Round amounts OF the high
priced liens were taken for investment
and speculative account. with considerable
confidence, with the foreign interests ab'