Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-06-15
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 1.-THE upward
tendency was resumed to-day on the
Stock Exchange, after short-lived SELL
ing movement to realize, in con-
tinuation OF Saturdays movement.
The rise was in spite of the
dulncss and heaviness of Ameri-
cans. along with other securities, on the
London Exchange. This neglect was ex-
plalned by the absence OF traders. to
participate in the opening festivities Of
Queen Victorias diamond jubilee. New
York ignored the decline in London, ana
proceeded to bid UP prices soon after the
opening. The warm, seasonable
weather. and its benefit to crops. gave
n fresh impetus to values in the Granger
groups. At the top price, burlington
showed an advance of 1q1 81, and North
west OF 49, Z.
Continued strength I'm the stocks or iron
and steel companies reflected the I'M
proved outlook for business in That IN
dustry. Conspicuous strength was mann
tested also by the Goulds, Mahhat-
tan. and Western Union. each advancing
over point. The good buying oil New
Jersey Central also continued, resulting
I'm marking up that stock three points
after an initial decline anu soii0 H'N9
lar fluctuations.
The strength of the low-priced shares
NJ reorganized companies continued
manifest i'm the advance In the preferred
stocks of Northern Pacific ana Kansas
and Texas, and the second preferred
stock of St. Louis and san Francisco
under sales aggregating 1000 shares OF
the last-named. quite feature OF the
trading also. was the number of frac-
tional lots of stock that changed hahus'
indicating the outside purchases MADE
through commission houses. me safes
Of odd lots were well distributed
throughout the list ,,,
sugar developed a surprising strength
as the day progressed. and showed a
sharn gain on the day. Chicago Gas
was active. but irregular, ranging over
12-i and closing with a net gam less
than that. .o
The total sales of stocks to-day were
90 5l2 shares including American Sugar
Refinery. 1900; Burlington ana quincy
~ 100. chicago Gas. 1900; Manhattan
corsoliaated. sCc0: New York Central
n 9o,. Northwest. 5000: Northern Paclhc'
II 900: Northern Pacific. preferred Io''Vv'
Rock Island, 1900; St Paul, l2'5"; Yves,
ern Union. 900; New Jersey Central
1920.
Trading in bonds was on an enormous
scale. the sales aggregating almost
81. 600. 600 Decided gains were mace III
some issues. with st. Paul rs scoring tne
extreme improvement Of per cent.
The market developed considerable
strength. with purchases of the pronn-
mont mortgages being made for specuia-
tive and investment account. with con-
siderable confidence. Government bonds
also shared in the general strength tnat
,ornea,ed the securities market. Tne
new as coupon. were quoted at 10 10
the best price noted in the present move
ment. transactions were connhedo 10
block of 5000 at 125.
MONEY AND EXCHANGE.
Money on call easy at IA per cent
last loan at per cent, and closing OF
fered at / per cent; prime mercahthe
paper. 3G4 per cent. ,.,,
Sterling exchange dull but frm' win
actual business in bankers bills at si.s'
for demand. and si.S 3-inSlS6 lot SIXTY
DAVIS: posted rates, sis6 1-2uSi'S' anu
e. Sc. commercial bills. $i.S IL.
silver certificates. Dl-Sn61 SO; oar SIT
Ger 5e7-S: Mexican dollars AZ IL.
Government bonds strong; State pohds
dull. railroad bonds strong.
rr,y WORK STOCK QUOTATIONS.