Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-06-15
STOCKS CLOSE FIRM.
.,,TrR 4 PULLING CONFLICT
OF CURRENTS.
rcw GAINS SHOWN, HOWEVER.
,,,rrI Nct Losses the Rule
continental Tobacco Among the
III >pots--Whcnt and Provis-
,,B, Ucclinc.
ION, Decline

ions b''''"'
..-,. YORK. June 1.-THE professional
......m traders. whose effort il SIS TO
.. ,lr current OF events for "a short
.. prices. were kept in very rn-
frame OF mind to-day by the
clb and now OF prices, AMI they
.r iu "a state OF confusion at Uie
aulcc the puzzhng CONFLICT % cur
SIS. ., Che stock market some rather
interests evidently ;ooG thclg prodts
~. recent rise yesterday. ,nl having
were ready 20 avow tie fact this
-. This brought a considerable
..ae from outside sources, and the
r.. -.ou-hoUscs were sellers Of the
... list. hgt the bears who sold stocks
- ln the late furry yesterday
81. buyers al the decline. for the pur-
.t covering their short contracts.
.....t Che bolated liquidation vas pretty
absorbed. I'm fact. the covering by
shorts and large buying of some OF
-h-puced specialties carried prices
ry after the opening above last
.as level
WEAK SPOTS.
~.. weak spots began to develop. nota-
o. iD sugar Metropolitan. and the
S rns stocks, the latter ON the pros
,..t Of labor troubles. ana general sell
..- movement set in. steel and Wire,
Anaconda. Continental Tobacco. Balti-
more and Ohio; Colorado Southern, LIST
j-...rred, Paper. and the steel stocks.
V..ch were advanced yesterday, were All
special points OF weakness at Ginercnt
times during the day.
Ou the other hand. the Flower special
ties especially Brooklyn Transit ana Fed-
tril steel, were well sustained ana
showed "a disposition o. advance. H.-,i'
Also after dropping of nearly points
developed an aggressive upward ''"', ny
and rose an ,NtrOmc oi l'ii'S' "'."
haitian was another centre '4 S.'t"7 ''i'
This deferred The bears from making new
ventures on The short side, although the
,.r.v advances Were not wei maintained.
MARKET \ WAITING one.
Tho market was, in fact, a waiting one
. tre exact sense of the word. ana fell
'-to extreme dulncss late i'm the day
r.. quick rally Of 49, points in Metro
HAN street halfway, after dropping
...- and of STA in Sugar. lifted the level
.r...- from the low plane 70 which they
81. boon dragged during the afternoon,
...r a few stocks showed net gains,
..raI net losses being the rule. The
.-.I dividend declaration on North
Pacific. common, which was an
shortly after o'clock. gave that
some strength. otherwise the
..-..rr yiug roads were inclined 10
..--. on talk of harm done 10y the
.. I.uyar preferred. and the South
,.-..-. generally were Conspicuously
-.. banks were rather more exact
r -rautins loans on cal during the
... this led 10 more attention being
... . the outlook i'm The money mar
-.>DON CONDITIONS EASIER.
udiuons are much easier I'm Lon
where the effect ON the stock market
t. I.lacial. and this lessons the pros
Nd further immediate outflow Of
ra was a reacuonary tendency man.
. 10 some points i'm the bond market.
. The volume of business done was only
rate. Total sales par value. sob
D Government bonds were unchanged.
TOTAL SALES.
Ta total sales of stocks were 4l.S0
sr.-. including Atchison, preferred, H.
81 chicago. Burlington and Quincy. 1880,
Manhattan. HH0, Metropolitan Street
I way. 1890; Missouri Pacific, $3.50;
j. Island. $3.50. Union Pacific. no;
-- PAUL. $3.50: American steel and Wire,
e. .- American Tobacco, $500; Federal
.t.. .aE. Peoples Gas. $50. Brooklyn
Transit .u. Continental Tobacco, $3.50;
s.-.. -H, Tennessee Coal and Iron,
1y
MONEY AND EXCHANGE.
Alone, ODD call steady at 2aS per cent;
l-t ..l 40 3; prime mercantile paper,
tl-t.i p,r cent.
--rIug exchange steady. with actual
uess iu bankers bills at SiS7 3-4Q$.SS
demand. aud SlS5 3-f0$LN6 Tor sixty
..- posted rates. S4.S6 i-2uSlS7 and
commercial bills. SIS.
-.Icr certificates 60 i-ZIj2. Bar silver,
e.- Mexican dollars. ST.
...rumcnt bonds steady. state bonds
.4 railroad bonds irregular
New YORK stock Quotations.