The times. [volume] (Richmond, Va.) 1890-1903, 1902-06-18
COMMON
LEADS The market; \ I.
On d Rumor. that'the Strike is to
be Settled en- Monday.
MISSOURI PACIFIC STRONG.
The Changers Have Rlse-sugar and
Steel are Heavy-The Crop News
is Good and Traders
are Bullish.

500 soon aver t drive at Erie, Atchison, ST.
Paul and Union Pacific by reason OF q
E iset nS1eseryed a good undertone and the
selling was soon checked. Later on these
stocks all made gains, esPeclaaily Atcnison
and ST. Paul missouri ,Pacii , a TaS ~
.The Strongest stock on the list, however.
vas Heading common. which sold up to
671s This stock was bought az on "a q
coal regions would be settled next Mon On,
day. but the rumor could not be traced
OTHER RAILROADS.
Union Pacific preferred was q point
h,gheg selling at So, the highest price
for that stock in long time; southern ;1
Railway preferred vas 9 aso n faW saes
and western and Chesapeake and Ohio.
The Wabash stocks were strohg "a ana III Ine
debenture bonds went up .. adv az nn
stocks Of the Granger roads aoVancec Oh
I'M In the Industrial list Sugar was the
weakest member on un d;n 4ha c nSw >
reciprocity situation, The steel stocks *
were also heavy on the news or the IN
junction against the company IN conneG-
common and preferred were lower than
they have been for some time past. Loco
motive was strong, the preIerred s S1,i
at 81 and closing at ina. mgule, a IrE, y
the day to Influence prices. but genera genera
conditions of trade. barring the strike.
are most satisfactory, and the news from
crops f ToRTHEE f Ds sEEc eGUGRi
It is significant that there has been q
decided advance of late in the stock OF
Of los were made for the stock yesterday.
This indicates that some of the traoers
expect a favorable decision In that now
A@Ntt' THE STEEL TRADE.
NEW YORK. June 15.-1t is estimated
that the transportation profits of the
United States Steel Corporation on this
something between s14,ooo,o0o and SIS Ooo,-
GEO.. which will be greatly in excess zee, OF the
profits similarly derived in the proceed
ing year. The ore requirements Of the
combines constituent properties, exclusive
Of the Illinois Steel Company, are figured
at 100000 tons. Calculating transporta-
ton profits on this ore at 40 cents ton
30 cents ton by water to the lower
lakes, there is apparent a round profit
Of s11, 200, 900 To this there has to be add
ed profit of 40 cents a ton on the ore
transported from lower-lalse points to
80 "A NEW: !sLoss. FURNACE.
pset to have their second city furnaes IN
engine addition is now being pushed. ana
when the two furnaces are in operation
it is expected that their daily production
will have been improved wonderfully.
GATES is BULLISH.
ROCHESTER. June 15.-John W. Gates.
who was a passenger on the first trip OF
the Twentieth Century Limited: in speak
ing to q Comm ercial correspondent Of ex-
listing conditions In the country said:
'.There is not cloud on the horizon
to indicate any abatement in the general
prosperity. The coal strike is simply an
incident and can have but one ending,
namely. the defeat of the miners. The
prosperity of the United States is of the
most substantial character. If you ride
over the Union Pacific. Great Northern,
Northern Pacific, Santa Fe and other rail-
road systems you will see evidences of
This proSnerity.'