The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-06-15

WEDNESDAY. June Il.

"WEDNESDAY, June IL.
The contest between opposing factors In tho
stock market that has been going on for sew
eral days past was more pronounced to-day
than at any time since 1t began. The bear
party relies principally upon the crop situation
for it's ammunition. while those who favor
higher prices point to long list Of conditions
vnd arguments that are 80 patent that II
rs not necessary to recount them. Inc
.nost forceful OF these at the momont
lis perhaps the large amount OF money
that will he disbursed among investors
for interest and dividends on July and dur
Ing that month. Still another that may be
noted IL the constantly lenGthenlng list OF
dividend paying Industrial stocks. Although
tho advocates OF lower prices profess to find
much that Is unfavorable In crop conditions.
their energies to-day were devoted to lowering
the prices OF Sugar Refining. Metropolitan
Street hallway, Federal Steel. American Steel
and Ware. and Brooklyn Rapid Transit.
ThaStreet endeavored TO establish n logical
connection between the testimony given by
lee Aing sugar refners at Washington and tho
Ejaculation In Sugar Refining stock. Possibly
Che most significant statement elected from
the rehners by the Industrial Commission
WAS that made by one OF the lnde-
pendent rehners. who. after selling MS
plant to the American Company. has erect
ed q new one. that he had not made dol
lar since he resumed operations on his own
account and that he continues to hold prac-
tcally all OF the American Refining stock that
he received for his original plant.
In tho early dealings Sugar Refining was de-
pressed several points and then rallied sharply
q points, At IA material reaction from the
highest price It closed Ia cent higher
than yesterday. Tho stock supplied nearly
one fourth Of the total transactions. which were
considerably smaller than those OF yester-
day, A break OF & points In Metropo-
itan Railway was followed by recovery
OF half OF that amount. The selling ap-
parently was purely speculative movement.
brooklyn Rapid Transit and Federal Steel
yielded for a time under the pressure OF specu-
latiye selling, but both recovered sharply and
scored net advances. Manhattan Hallway was
exceptionally strong and 30 was Peoples Gas.
ind tho less active stocks were Great Northern
preferred. American Steel Hoop and American
Smelling preferred
Tho exceptionally weak stocks were Amer
ican Tobacco. Continental Tobacco. Anaconda.
Denver and Rio Grande preferred. p c.. c.
and ST. Louis and American Smelling COM
mon The last named was sold down on tho
strike OF the Employees OF the company In Col
.orado. Among the Industrial preferred shares
that are likely to be placed upon the dividend
paying list in the near future are Royal
Baking Powder. International Pump. Havana
Commercial and American Smelling No gold
was taken for export to-day. and 1t 10 doubtful
whether any will be exported at tho end OF the
week The comparatively small amount that
has been transferred to Europe has already
eased the London money market and in conse-
auenca a better demand for investment Sc
curities at that centre Is reported. The clos
Ing OF the stock market was irregular. but
in the main steady.
New York Stock E1ohanEe-Sales Juno IL.
UNITED STATES AND STATE BONDS I'm $l.0O0s)
Usasc.... lUs4s. C, 1901 / 81
lo9holoeh l Tenn Set Ss... SO
CLOSING PRICES OF UNITED STATES BONDS.
B.d Asked Bid. Asked.
Tnst7sr Tn st4sr.
.,plofGlooA ls25...l3 ohlal
I S3s, 1908 Tn St4s.o.
lsls.r..loe loeh le25..l3oh lsl
ISss,19oS- Tn st 5s,r
lsls.c..loo 1904 1904 lilies ll3
Tn s,<sr, Tn st5s,o,
lso7....ll2% ll3h lao4.".ll2h ll3
Tn st<s.c n st 3o5s.r.
lyoT...ll3H lldLl lV24.DC.ll9
RAILROAD AND OTHER BONDS I'm S1.oO0s).
is Atch adj d.. s3h l 5 Mo Pac cn....ll7
o2............... SoA i No pac 5s.... 97k
20 ................. S34 SNIP prior 4s....lOoA
90 ................ S3A Nor Pac 9 3s.. CIV
I o Atch gen lo2h'l5 ................. 67H
..............lo2% 40 Norf W cn4s e5n
ll2 ...............lO 8 ................. 95S
] Adams Ell As. O6h 8 ................ 95h
10 AusA W lst.lo 4NY&s gnl...loo
70 y 8hs"...l 0Oh 3 ................lOOk
al. .............lOoa 8 ................loO
20 oo% SO NJCg5s r..l2l
22 ................lOOh 5NYC 34s....ll3
35Bko +s.......lo 2% 10 YC.L col
10 ................l o2h sHs...........lo 2H
2................lo2h 3NYC.M col
IS .................l O2% 3tas...........l Oh y
3BQCG 5s..l08A 10 NY.C&sL4s.lO 72
12Chk Ogpl414s e5 Nwsfss,r...l
g. .............. 94h 3NY.o& lO6h
10 ................ 90 ID ................l06 n
ca LIST, sA. 1l9h lO6k
C.B&Q+ NeIll2 Ore L en- 5s.ll6
10 C.C.C l. stL s .................ll5k
Gnl 4s........ % 5 Ore L inc L.. 92
3 Can SO 1Gt."..llOiaI Ore L inc b. TEX
Can South I'd Ill 4 Pac Coast LIST. los
= Gin, SanSClssllSh SPA East lst.... IS
at Col so+s....,. e9% l NATURALIZATION. S5k
b. ................. S9a P East in. go
40 ................. SSa ................. 80
1l3 .............. S9h "a Road gnl A... o0A
5 ................ 30 ................ eOh
g gnl 5sll6 o................. eoh
10 Dol Mid 2-<s.. 6dk ] Rio G 1at. O on
l2C OF Ga en- 6s.. SO 81 .............lO ON
10 Bet City Gas 6slOl So p LIST, w.t.. s5A
6 DesMGFD 2>as. IS 10 ................. S6h
5D.sS&A 5s..ll6 SIS So Of Cal en-
1Ok& Hgnl lO3 5ss.....lO7
. Erie en- 1st.... Ass is commencement O7L
10 Er prior BIDS. 9i"s 5.............,..lO7
20 ................. edA st Ma LIST.
DC. hg b Da eI......."l22a
APbs......lo3h stL l. SIG os..ll2
Hook ths...lO StL&SF4s.. 80
.................lO 2Al o StLSw lat. e3h
HkTCgnl4s SeA36 ............. oah
20 Harlem LIST. c.. l03A37 ........ ga
g IrMtAs. VIII. SEA StLSw2d. sax
Iron Mt 5s.....lll i2O.............. b3h
.........,".....l 1895 ................. sen
Ill 8ks. ID. 04A ga ,......... bpL
20 .."...,.,.......lOo ! SAnAkAP1stAA 92N
6...........,.,...lOo H 8 30 Rwy bS...l ~
10 Ill Cen8hs.S St 2 .........,..,lllL
diV..",...lO6 2sRG limo. 26
'''''"''''''''''l Ooh z ................. 2oL
9.................l O4A ! Toll Pa lst 80
10 lntk dtN I'd. 90 lT&No en- bS.loe
Kan&Te As. 93Hl Union Pac As.. a.
Kan Tex rs. 81 2.................l oSL
lake. P&G lat. 65h o Wabash 2dlOO