The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-06-02
EINASCJAL AND COMMERCIAL.
THURSDAY, June l.


effect upon marginal holders OF securities.
both 10 and out OF Wall street. for fairly large
volume Of selling ordera was executed during
tho first hour or two OF business. This oncour-
aged tho advocates VI lower prices to
increase their ventures. and the result OF the
combined selling was lower prices for many
stocks than we're recorded yesterday. Tho
decline. however. was far from uniform. for
I'm a number Of stocks buying orders
we're encountered that were suficient
60 more than Offset liquidation and
saes for short account This was con-
sp'cuously true in the case Of Sugar Refining.
Of St. Paul. Louisville and Nashville and several
OF the less active Issues. The selling move
meat wRs most effective in the local traction
shar"s. rar.iculsry in Metropolitan Street
Hallway aad in several OF the INDUS
trials. notably American Tobacco. Ana
sonla Mining Continental Tobacco Fed
elul Stool issues and lnternatona! Paper. At
midday the solng from both Of the quarters
Indicated above appeared to have run ITS
course and as the market at once developed
n s'eudier tone the short interest began 10
secure some OF It's PROFITS, As purchases
for that purpose progressed 1t became
evident that the supply OF stocks at ruling
prices was not large. fact that strengthened
the impression that began to prevail yester-
dav. that many Of the stocks sold during the
last Week or ttn uhyS huNo Dceh obooiboN "
Substantial buyers
The last hour or two Of business witnessed =
sharp rally that reduced the early losses and
carried number Of tho actively dealt in Issues
above the final figures Of yesterday. Sugar
Refining Brooklyn Rapid Transit Cont
mental Tobacco. Manhattan Railway Tenn
essee Coa and Iron. Louisville and
Nashville and Metropolitan Street Railway
were foremost in the recovery. and all ex-
~.
day. sugar HeHninG was exceptionally strong
at anet advance OF = points. The Indications
are TINT. A. on many similar occasions
hrrntofore. insiders have succeeded in
picking AZ good doa OF stock pre-
,ara;ory 20 the declaration OF the usual
quarterly lv;i"hd Of cent. next
WcAne-tny Il is aow hecomine evident that
the market for ia" Industrial shares ?articu-
jarty Tor the copper stocks. has been unsettled
hy the floating and 10y the subsequent manipu-
laro. Of h'lalramated Copper stock AS the
support 10! that stock. which was withdrawn
yesterday. WAS not restored TO day further de-
cline of points TOOK place simultaneously
With tn:s movement U:on the curb. Anaconda
Mining dc".iuel more :hdn 2 points in the
Stock Exchange. Another feature of the mar
ket was heavy selling OF Western Union
that resulted in net loss OF 2A "a
cent Rumors were current that the divi-
dcnd Of the company for the current
quarter. which will be decided upon at the
meeting al :he Executive Committee to-
morrow. would he reduced Directors Of the
COMPANY assert that the question OF changing
tho dividend rate has not been discussed even
informally. and thar in all probability the
usual quarterly payment .! "a cent. Will De
maze
m" interesting news OF tho day was not
MADE public until after the close OF business,
whom It was learned that the City, National
arranged
next SatNrCnv. Other drawers Of foreign cX-
change ns,ee that they are unable to- figure
II WAS said thar tine transaction is being
made il the ordinary, course OF tho business
t. whom the gold is beng shipped requested
that the remittance shout q be made III specie
ana ut the close short bills freely
oTstod at me prize pjJ for them Yesterday
price ot wheat. which was attributed to IA
yrIuhle hdTtces regarding the condition OF
the SPECIALIZATION in railway shares: The closing
was steady az a slight reaction from the best
prices.
New York Stock Exohange-.saIea Juno 1.
rHir!.r GATES AND STAIR RoNps I'm 81. OOOs).
:! ..-. "......lO9k 2 Ala, class A...1l3
L" So 1oo7.l IA 20 Va Sc def otfa.. 8
Us Is. {. 1921 BOB
tL.k. Nc PRICES OF UNITED STATES BONDS.
BAD. ASKED. Bud Asked.
n - Hs.r itn St". r,
r,plotaloo - laeo.....lso lslH
Sasloos- In St~.c.
lnls.r..lOe lOoh ly2H....l3oh l3lA
CSSslaos- UmSt5sr.
1850. 400 io9% 1900 ....l1 2h ll3
In $685.. Tn st5.o
ipo7....ll2h ION lso4..,..ll2ia ll3
On stN.o. Tn St3.e5s.r
l"O7....ll3H llAhi l924.DC.llen
hAILKoAD AND OTHER BONDS IN 81 .OOOsl.
10 Atch sd! Is. Slas my aNs....ll2H
go .............,... SlS 3 Mp prior 49,. l O6ss
. ................ STA 2 ................lO6
a.........."..... 81 go Nor Pao < IS. 67}s
II Atch gen -s....l O3H 80 ................ 81
6 .................lO3 S 9................ 674
g Northumberland O3A Z ................ 67A
3 Adams FIX 4s.lO6A s MORT W en- - DAN
! q AN lob scrip. OIL 8 ................. 91x
Ann Arhor As. SO s. Y q, Lscol
S@s.... ooS 8'Rs. r...,...l o2H
10 .............-..,lOO4 NY.SH sH4s.
81 ................lOOR deb ctfs.ls6
B& Hs'..'....loG y gold. c....lllh
o5 .......... ......io2H Nw.sf deb bs
go ...............'lO2 laas..........l2 2h
2 Cha o gnl+Hs 94% IN W dob S.
1".'...........'' PAN 1909 .........l Oeh
2........."....., e4a 1SY.O& wr4slO6
SONS Qonv 80 / .................lO 6x
C.b y dee 7sl . Ore L en- SIS. ! 3 Is
&C. '&stL 8 Ore Line A. seH
Is. st LD..,.lola ) Ore l. incB 70
81 &C. x ot l. 10 ................ 6eh
gnl @s...'.... 93H + East lst.... S54
Can So lSt...,.l OK, 20 PS Wn lst.tr. e91t
. Chic Ter <s.'-.loS 3 Il isl gnl %s....llO
10 .................lo2 A go ...............lioh
go Ger PAo 1st.... o Ok g ...............ll "a.
40 &c! 30 +s....... 500 Read Cnl 4s.r.. Ssh
24 ................ S09t ed Read gnl 4s... S6si
l ColP 61hs.. 80 8 .........,... 40
INA L / gnl 6sl AL o .,............,.. soh
q OF Ga Gu 5s., 1884 | ...........,. Ss7t
l..-.............. 96k 10 .,............... SSh
4........,'.'..... oo4 o ................ 3Ssi
COT Ga lsttnc. AO1a Rio q 100
Oh. Ind l. os.llS 2 Sci GNEAslOO
.................l 81 So LIST wiz. IS
2 Do G on....lO4 So p OF Ari LIST 81
Den hG l5s.l 90 St L SIG 6s..ll2
y FL PRIOR bds,., 03tp lstLGSF4s az
&c ................. e3A st P gnl a. sAlllh
go ......,...,...... 93b SIP O L 8 divl 2 \
: Er lien 3-AS.. 10 i22 lst CAP
&............,.... 72'& Wdiv"...,,..l 23h
y Tenn 90, .-..l Ga i 81 P 1st sMdl23
E!mtra DAN bAloo 3 ...............,l23b
% IT Worth lat. E3 etLSW Ist o3
O. HkH hA..l 04hil .............,.. o2A
90, H'g n s st L W I'd GoA