The times. [volume] (Richmond, Va.) 1890-1903, 1902-05-23
STOCK MARKE
VERY IRREGULAR.
Some Stocks Changed Their.
Course in Some instances.
STEEL ISSUES HEAVY IN TONE.
This Was Caused BY Threat of Engine
men and Pump Runners in Coal
Mines to Strike-MoneY Con-
,inued Easy-Bonds Firm.
STEEL ISSUES HEAVY IN TONE.
iRr Associated Press


NEW YORK. May 22.-To-day's STOCK
market was extremely irregular through
out and closed with that tendency 49,, ,.i'ed
emphasized. The same stocks G.ia ~
their course in some cases ana tie pte-
raiiing disposition of the speculation was
hard TO distinguish. and was. Al iaS.,
much confused and mixed. Inc dnAiety
over the coal strike Was rather GeepeF on
account of the implied threat OF the en-
gineers, fiTemen and pump runners IN the
anthracite mines to come ouI ulliess ~, an
eightsheur day is s, srani,ec o .nu,h acn me
stage. as the safety OF the mines is de-
pendent upon this work being done. Some
OF the Steel stocks were heavy In tone
es a result OF the effect of the coal strike,
which is beginning to be fel. in that in
dustry This did not prevent jump of
10 points in LackaTanna. and a late squirt
in Delaware and Hudson. The culmina-
ton of the recent extended rise in Cana.
dian Pacific and its sharp reaction
naturally had some sympathetic influence
no news TO account for the setback any
more than there has been tosaceount for
the rise. The movement seemed to be due
late break in the stock to below l3S help
ed to unsettie the cloud. The United
States Rubber stocks suffered from the
for the past year. st. Paul offered a
strong leadership for the grain carriers,
but il was not followed with activity, and
e% 9R aeef vas .be r eeef
advance of rs The news from the crop
region w9s conSiderea encoura giDg. An
other center of strength was Amalga-
mated Copper The gains in the Aneri-
can Smelling stocks and in National Lead
were allied to this-all being the out
growth Of the advancing tendency of raw
copper. The meeting of support for silver
is benefit to the smelling stocks. The
speculative interest in small railroads
keeps alive, and was fostcred to-day by
the rnmors of the acquisition of the Co
1umhus. Shawnee and Hooking Valley in
the interest of the Wabash. authorita-
lively denied. and of q new community of
harmony, including a number of smaller
properties. for which no Official confirma-
ton could be obtained
The money market continued quite easy.
with call loans ruling at 1 per cent or
lower and with the sterling exchange mar
fet showing no disposit+r7 to advance
again. The market close active
TONE. Total sales. par value, So 525O00
United States bonds were unchanged on
the last call.
The total sales of stocks for the day
The sum OF 100000 was deposited at the
suh-Treasury to-day for transfer to New
Orleans.
MONEY AND ExCHANGE-Money ON cali
closed stradr Mt 3M4 per cent: closing bid and
asked 2isd3 per cent: prime mercantile paper
htt15 per cent Sterling exchange steady with
actual business in bankers bills 81 ST for de-
1nand Mt Si.SdAs FOR sixty days: posted rates
sfsa.S md ASS: commercial hills sassa a
ss4G. Bar silver. 49, +: Mexican dollars I2Is
Government bonds. steady; State bonds inac-
tive; railroad bonds. firm.
STOCK QUOTATIONS.
y nj ri = ;.Teo by Messss. SCOTT sTRISGFELow
Mem New York Stock Exchange