The times. [volume] (Richmond, Va.) 1890-1903, 1902-06-18
Despite This Fact General Price
Movement Was Irregular.
CLOSE ACTION AND STEADY
There was No uneasiness Apparent
Over Money Market, Notwithstand
ing Approach of Semi-Annual
Settlement Time.

lRy Associated press.l

NEW YORK, June l7.-Yestecday's vol
0me OF activity in stocks was apo ,!
maintained to-day, and the degree OF .,t Or
xersity of the trading was very similar.
The movement of prices was rather "
regular. In spite of the striking cams
by some Of the stocks which LED tne mao to
take profits in St. Paul added to the ir-
regular appearance of meat as the
grain carrying railroad generally
showed some conspicuous points .of
strength. The upward movement IN the
Readings was also pronounced, and the
dealings IN that stock We're on a very
large scale. even after allowing Tor It's
enumeration as half shares. Inc FORCES
back of these movements We're concen-
trated, and their operations were not
conspicuous outside of a few stocks. II
was not clear that the large buying move
ments in all cases were from Identical
sources, but 1t was evident that the opera
tions We're in concert. The brokers VINO
We're buying Reading were sellers OF st
Paul. while the large absorption of Mis-
souri, Pacific seemed to come from other
sources. said to be a pooI which has
operated In this stock for many months
Union Pacific maintained its usual stah.e
tendency. and the Atchisons were not so
active as yesterday Several miner stocks
strong, notably the St Joseph and Grand
Island stocks. under the combined intiu-
ence Of the approach of the dividend
period and rumors Of absorption by Union nc n
among the Industrials. but the most ac-
tive stocks in that department were
heavy. There was active liquidation in
Sugar. owing to unfavorable opinion of
the chances of Cuban reciprocity in the
Senate. United States Steel stocks were
ure against the stock conversion. Cen
eral Electric was easily forced down
points on light selling. There
was some demand on the other hand for
Pressed Steel Car, American Car, Snuff.
Bicycle preferred and New York Dock
81, loo r-iS irtS hnr
was no news to explain the movement
among the leaders. beyond the progress
OF speculative campaign. The excite
ment In the corn market seemingly did
not affect the corn-carrying railroads. as
1t was not associated with bad crop re-
ports. The falling of showers in the cot
ton belt was learned with satisfaction,
and the strength of wheat in foreign mar
kets. which was reflected by. favorable
influence on the prices OF securities.
There was no news of the coal strike to
account for the strength of the Readings.
also assertions were in Wall Street that
the collapse of the strike was probably
near at hand.
There was no uneasiness apparent over
The money market, Notwithstanding the
approach OF the time for preparation for
seuli-annual settlement and the known
requirement for several syndicate opera
lions. including the payment of sS000,000
FOR the Western Maryland Railroad at
Baltimore this week. The market closed
quiet active and steady.
sales. par value s2.S45.0Oo. United States
Did As registered declined Is and the new
Is Il per cent. on the last call.
The total sales of stocks for the day
were $4,000 shares
MONEY AND EXCHANGE-Money on call
steady Mt 2@3 per cent: closed offered at /
per cent: prime mercantile paper. Az as per
cent. Sterling exchange firm with actual bust
ness in bankers bills ut S4.S15s for demand
and S4.S5@4S51s for sixty days. posted rates,
S4.s6 and s4.SSla; commercial hills. S4.S4A a
a.S5as Bar silver. 52&; Mexican dollars. 42A
Government bonds. weak; State bonds, strong;
RAILROAD bonds. irregular.
sTOCK QUOTATIONS.
Pr,n,tfteby Messrs. SCOTT & sTRINGFELow
Members New ioIk Stock Exchenge.
OPEN. High. Low. Close
A,cb,son ..., s2S s21 s,S sls.
Atcnison 7Iu ............-.- loch ,ol ,ook ,oog
baltimore q Ohio 1879 i0t15 l03H l06la
Rn!timores Ohio pfd.. 9!
Brooklyn Rapid Transit. t6a bIA 6e% 81
Canadian eacine .........- lsea4 ISL 1861 fS6ls
Canada Soutnern.........- siS 1SlS