The sun., 1902-07-01
,NtftL N>I eowwsse seisE.
MoNDAr. June m

hoNDAr. Iune N
Tt~ marrow snd largely professional
riifke, ~ -'usks to-day ss- goVern.,i
hv number ~ con firtins ihau.nce-
The -afiv trading vas favusably sf~rt~i
hv th.' chs-rful ton. - the Inntion msrke,
for -eruritin~. Vhirh m"r-lv rrh,-~t~d the
hoT-ful f'-'linR at that centre caused bv
~. prutst'~s hat the Brush sovereign d.
making tu IA" dir,,'i'on - r,cu,r-V fur-
r'gu athitrag~ urrr1tiun- IN this riirke'
we're uut. h,N'v,f. rNtrIs,ve. and pur-
,ls.'- vrr" i"It slightly m 'Xcs~~ - -al'-
\ mur" Important development from " .
point ~ view - huth investors and -T'~,ils
tuf~ VIZ ~" news from the anthracite csal
rrg,un iur'-l Allowing COLLAPSE of le
strike hroggh, abput bv tho tnit~i Nil.
Workers lhiS was not ref,Cted -sIr-
C'ally ~ the shares - the anthracite coal-
carving roads but u had It's efT,s't uINnn
the ~rat,mcut ~ the speculative COM
myuty. l'''duS'' It j. appreciated hat IN"
contest ~ tt" anthracite rcg"n has an
important i-artur unun 'h" cntir" lal0r
si'IIi',u. 'h" question ~ ,-fU" lc,ug not
ur" ui Sd"G'li'" compensation io the miners,
har whether labor organization "r "in-
rnvcf~ shal. control H." property which
they own
crop and weather ad,icr- had conflict
ing effects upon N" market The sharc-
~ road, operating in the South. notably
VI -soufi Pacific and T",as Pacific. We're
fayurah.y affected ly she breaking % the
drought ia the Southwestern States. On
the other hand. the unsearonslle and un-
desirable rains IN the principal corn and
wheat producing States caused decline
-. Ii .
lower pric-s for the stocks ~ tho other
Granger and tfan~runtInentsl lines An
u'h.r Influence that induced room traders
go ,Tl -'u'E- Oh moderate -'al" Vas
.hgat furry IN the call money market II
j. rrrarkahl" that preparations FOR the un-
usually heavy interest and dividend pay
u,cu'- du" ;o-inufruW should have been
mair - ~ our disturbing Tho money market
M l.F'i,-f rate for call loans to-day was
: Ier con and tho great bulk - the ac-
,ummodatiuus was secured a, pcr cent
or a hu.c los- Somc Importance was
attached 10 the advances ia th" prices at
wheat and corn. though IL ~ well known
that in the C1sa - the last named AZ least
higher rrlces have resulted from purely
speculative opera ions
In the railway lis, Missouri Pacific was
'hn leader IN respect Ia activity, and the
market FOR u was strong throughout. The
only noteworthy net fuctuation. however,
VIZ. an adyanc' - Is. per cent in Canadian
paci'c less active ISSUES were practically
neglected and nuc,uatcd within narrow
limits la the industrial list tho most
extensive dealings were IN Colorado Fuel,
~ n net advanc. II ga points. This move
rnen' was direCtly traceable 10 the opera
ions II pool ia the stock formed -ome time
ago hv one 81 the directors belonging 20
he faction that favored further drafts upon
m" cumpany'- surplus 10 pay dividends
The Indications are that the manipulation
ro'. -rrd 20 induced "A iortion Of the short
interest 90 close IL contracts. ON light
rsu-ac'i, i,us. Sugar Refining -cnred net
gain uf nearly points In the early deal
IrC- Aua'gawat"d Copper Wa weak on
con lectures hat The dividend for tho cur
rem quarter NAV i-' passed, but II subse.
yvvu''v recovered the greater part 81 III.
ground that y lost
IN" trau.-,. ions IN bonds ver" relatively
la' r,,r than thoz" IN sto Ks, owing To very
hcavv dealings IN &, u A =. Joint
g. ~ advancing prices; IN Colorado fuel
.u,.,-ri lhlr -, IA standard Rope \ Twine
comes Rt n sharp recovery and IN Union
pa,,i. ,ouvertible -. In the outside |
market ,h. noteworthy transact ions wer'
Ip northern Securities. Consolidated Rail /
read. Lighting and Refrigersting. Green" |
luu-umiste-i Coprcr and Manhattan Tran |
-u Jrl. rl.N.rahl" when issued. n" closing |
vas I.ll and irregular. hut in the main |
steady