The times. [volume] (Richmond, Va.) 1890-1903, 1900-05-05
STOCK lllARkkE.
VERY NARROW
Dealings, as for Past Two DAYS, Were.
Largely Professional.
STEEL STOCKS SHOW STRENGTH
Though There Was No Particular
News 10 Account for i,-Bond
aiarkcl vsas.I:ui. But Prices
Mere We'll Held.
NEW YORK, May 4-r,he stock mar

NEW YORK May 4.-The stock mar
kel maintained ts-rarrow anu ,,rutas-
s. ,ai SnaiaStef to-os.y. As though to
L. Inc appearance recent Inoiiut tony
AZ tue MAJ net yesterday 5 s.ight upwaiu
liiossansifI Ms continued at Ine eitcrIu.
.aas, Unsteady OF SIarpnS III the oppo-
80 $50 ga eSiioi!. Sut tnls Was naruIy more
e.tsa = oeN1ce OF The small trauers to s;ive
-. ..i.6t'ssee1aAice euI stfeIis,ln 10 the mafnet
.aiIo tiieir fe.iiizIiS ssaass peIore the close
i n.ouSnL prices bksSk 10 about last night 5
tesei, anu ieit the nsr changes lnsiSniil-
tSaae, except IN u tew usually inactive
seoSHS- sugar retained its reiaIiyt i,rom-
4AttSiuice, ii:oasn. ON q. decreased noIulnv o.
oeaLnSs 1t WAS iilIeu ABOVE yesterday 5
1n S1o , Hnee OF tMice win aiIficuity. ana
istailo ran OH 51., seemingly on rcalI1In.
on the signing Uyt The Governor oil the
nill authofizifiS q railroad nrIuSe at Hen
Iste. but IN lac late dealings The STOCK
SSored u rapia recovery OF ~. points.
Inc steer Stocks showed some rather IAN
Smd evidences OF positive strength with
Oal. any particular news To account Tor II.
Deyond the pubIsned opinion OF the pres
GenI OF Inc company, arguing that TIE
a .ssenl low StochS IN the yarus and the
.inloSslDilIy OF competitions from Europe
ENSURES against any considerable reac-
Ion III Prices. The strength OF the Lon
Son market helped the opening advance
mere, but Lonuon Sold moueraltiy on me
advance. The usual forecast OF to-mor-
70" bank statement lnuicateS that the
ioSs Oh cash by reason OIL the gold eX-
POI Is, amounting TO s-,Jvu,eoo, has been
more than onset by the gains on Sup
treasury operations ana on The anterior
express movement ine gains from the
oub-IreaSury, allowing Tor opera tons
with the Assay Utlce on account of the
gold for export. are s1.SU0,uoo, largely by
reason Oh Inc payments OF May interest
on Government bonds. The gam OF cur
Tency from TIE interior is expected to IaIl
something below SS,UtUVUD, WHICH Is hail
"a million less than last Week S gam. TINS
indicates gam in cash by the banks on
di accounts OF about Sl.2o0,tN. AS the
gold exported Is going ABROAD as a loan
llp nrr 20. sod
by loan expansion. :. pI.f Was Ii.au, on
Inc STOCK Exchange of ) per cent. for call
loans, but no loan was placed at that
tte..S, "iilie amounts were loaned at
lower figures, both before and after the
bid The Ireasurys montnly statement
uf money in circulation attracted atten-
uon as the ending to explain the current
ease in money rates. The statement SHOWS
an increase for the month OF April of
The money in circulation exclusive OF cash
IN the Treasury or S5I,2l0, 3JI, and an in
crease for the last twelve months of
SIS 657.5ll Sterling exchange was
slightly easier money in London. but, the
present gold movement is towards Paris
and as no steamer sails direct TO France
until next Thursday there We're no eX-
change bills offered for sale against eX-
port gold.
We're Well held. Total sales, par value,
S2.375,0oV. United States Us, coupon, ad-
Nanced q; do. registered y. and new and
DID 4 s 4 in the bid price.
To-day's total stock sales We're 22S, 500
shares. including the following: Atchlson
preferred, S,lon; Manhattan. 5,39o; Mis-
souri, Pacific. 1919; Pennsylvania, II, 80;
St Paul, $50; Southern Pacific, 69'O;
American Steel and Wire, 800 Brooklyn
Transit. s,4Jo; Sugar, 29,410.
MONEY AND EACHANGE.-Money on
call steady at Egg per cent; last loan
ut 2i3 per cent. prime mercantile paper,
gssa43a per cent. Sterling exchange firm,
with actual business in bankers bills at
fi.SSA for demand and at S4.S4s4 for sixty
days: posted rates, Si.So1i-S5t@ and $50
1885,; commercial bills, $4.S3S4a S4A.
Silver. certificates, G0Q60.a; bar silver,
SOS; Mexican dollars. 4I12 Government
bonds strong: State bonds inactive rail-
road bonds firm.
BANK CLEARINGS.-The total bank
.learinryS Of the OriIleinal cities of the