The times. [volume] (Richmond, Va.) 1890-1903, 1902-06-04
LITTLE TRADING
IN STOCK MARKET
Holders Are Not Willing to Sell
and Buyers Hold Off.
The MARKET is sTAGNANT
And Brokers are Not Making Rent
Continental oaacco Preferred
the Feature Yesterday-The
Bonds Also Higher.
The MARKET is sTAGNANT

It is waste of space to write about
the stock market in these days. -. Inc mar ar
ket is in a stagnant condition. The stocks
them, and they are unwilling to turn
them loose at present prices. The trade
conditions of the country are ABOUT as
good as they can be. Our foreisn tlaus
for the past ten months was something
wonderful.
The detailed statement of commerce
for April and the ten months endlng VIII,
April. Just issued by the Treasury bureau
of Statistics, shows that manufacturers
materials formed one-half of the. impor-
tations during April, and in the ten
months formed over 16 per cent. of the
total The exports of manufactures IN
April formed 1854 per cent. of the totai
exports, against 2915 per cent. IN April,
1901. and for the ten months nj enaing nt WI ~
the total exports. as compared with lt;so
per cent. in the corresponding months
of the preceding fiscal year.
The total value of manufacturers ma
terials imported In the ten months tn eng no
ing with April this year: is s34s. e5t' Vo,'
as against s2sosol, 4o7 in the correspond l.
ing months of last year, an increase OF
SGT, s55, 654. or "a per cent: The gain! in ex-
ports of manufactures during April. alone
were s4500,00O over April, 1901, while for
features exported falls but s5,4S6.s14 be-
low that for the corresponding months
of last year.
| more than one-third Of the exports in
the month of April having, formed NJ g. "a
| per cent. of the total, against 2soo per
cent. in April. 1901; while for the ten
months the percentage which manutac-
lures form of the total exports is higher
| than in any preceding year except l9W.
In imports of manufacturers materials
chemicals shows a growth from s44, 800. :
| 600 in the ten months of last year to over
s4S,oO0,CO0 in the ten months of the present ut
| r0 n no
from ss,0oo.ooo in value to over 81 ooo,ooo;
| fibres. for use in manufacturing. from
900 to hides and md skins fln
s23 100000 to ss6.00O.Ooo: tin. from 50: ooo0 C0
| pounds to 64.0OO,000 pounds: leaf tobacco.
| from 12.O00,0O0 pounds to Is. 900 900 pounds;
| wool, from less than $10.000C0O to over
s1500o 1000 and wood. from s120o0,ooO to
>-0''''''0s GOOD CROPS ALSO.
ber sboua f be disaster
them hereafter there will be a big yield,
both of corn and wheat, and the cotton
crop promises tn also to be GOOD not 70
supposed that people who hold stocks and
are able to hold them are going to sell
! them at present prices simply, because
But on the other hand. traders are not
disposed to buy stocks so long as there
is so much uncertainty in the labor world
and 50 c t5sre i E9Tt T e esaa9sk
The most conspicuous stock in yester-
| days trading was Continental Tobacco
| preferred. which sold as high as 1861. but
| afterwards dropped back fractionally be
low 125. Consolidated Tobacco As were
also in good demand and sold at 67iz.
The Reading stocks We're firmly held
and 1t looks as though Reading common
will be well supported below 63.
| Rates for money were somewhat lower
most of the loans having ben made al
8 per cent.
! Traction stocks were all strong. anc
Sugar was fairly active and strong in the
early trading.
London did practically nothing. as the
people in that center are so busily cele.
brating that they are not paying much
attention to the market.
The New York News Bureau gives out
the following:
"a prominent iron and steel man says
that it will be impossible for the United
States Steel Corporation to fill before
December 3lst all the orders booked fol
the present calendar year. and that 6
| large amount of it's business will be car
risd into 1908 He expresses opinion tina
in view of this fact and the large orders
that will be placed by the railroad com
panies and the rapidly increasing demand
for structural steel, the corporation i:
practically assured of as large ton
mage for next year as it will have thi!
year. The corporation has not changed
its policy with respect to prices. 1t pur
poses to hold the prices for next year a
practically current figures.