The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-06-26
.C'.Q|||P|'PER..S|'T|.0||.Ck|!s|i.
DR } [ ! ] { D !!
Slight Movement Of Support
Quickly Absorbed 8inS General
B Depression Market.
cULATllo ( !! OVER o I: B NEWS Ne \
gAdjourntncnts Of Congress Looked
81 Forward TO- With Relief
f8l Steel Ru,nors. Y;
$(By Assoc cfated 1'ress.)

@ NEW y RK June Is ~ The stock mar
Net to-day gave evldenco for g time Of
soma cfYorts at benevolent control This
had the effect Of putting restraint Upon ION.
tho pressure to sell which was 80 protr''i l;s
nent last week. VI The tone, rieyertfel ess.
was one OF dull depression. and there
was no attempt TO inaugtrhtef an " nc t.l
4 rise In prices. INF 33 N "
evidence OF aggressive support. ndvanc.
ing at ) one time point or more and
I Amagarnated Copper was fitted again
and again to above par. where It closed .t
ON Saturday. This had the effect OF creat
ing ar, impression that the Standard OIL
group NJ OF capitalists intended II 70 K ofIer3
support to the ma rket 4 q gain me /. !u1e-
pressing influence Of the hostile 8 n I
tion OF the admins ration. The pcilnu q
with that OF the create re1lsting power NJ
III III general smarke and the whole HIST
wol,tgoff 10 the lowest Of tho da ,sNl, N, g
Ii Amalgamated Copper gave wa late IN
3the day and showed signs o n, than
I dofncnt #of support. x The conlpa rntive
11rmness OF United States Steel and o.
4 Pennsylvania were OF syinpat tlc l,ene n
Is the rest OF the maj ket. w ME sent'-
5rne1t was affected BY these spst;ula awe
actual conditions AFFECTING stocks.
s$Ss Saturdays rurnors Sof q pro osed steel
coordination rs rival the United Stules
steel Corporations had some elaboration
but stffening tendency In the foundry
iron market was OF more influence 3 l lo
Commodity ma rke Is were still e
by varying reports OF crop DANA e.9 l,e4
approaching adjournment 4 Of g Congress nj
3 was cited as promising relief from Sonic
{ q the facts OF depression In the stock
market. 1nterborougi n tropoli tan mace l.lese
another downward plunge on q cconnt { OF.
the call made upon members Of { he sy ~
q dicate fora payment 4 to-day Of 30 per
cen /. 81 their subscriptions. Interest rates
FOR time loans con tinued TO ad vance ana
Tor the sx mont tbs period bill were raised
from s. TO 5A per cent while for seven en-
and eight months per cent. vas .s.'e
asking rate. with 81 per cent. ST. ngly
4 bid nj a8 Il. 81.
Ssg The weakness OF the copper metal mar X
4 ket IN London was bel ieved to have some
specIal 4 efrect on Anal gaiilated Copper.
The break Ii, copper proved finally en- &c &
y tive III, weakening the whole market and
the last prices swer % net r the west 4ol
the day 1, u and showed gem ral 3 decllnes s
for most OF the active leaders q = W i 3
points and IN a few ca ses more.
iSfsE Bonds were heavy. Total sales, par
value, ST. lei. rO. United States bonds were
/ Al unchanged on call. s..,.
otal sales b OF stocks were ~ .oll eco
shares $t I. E. # s5 s
IN sSanfcNDYyAED$EXC HANGE:sCL SCI.
u Prime mercantile paper, S6a6 n 1.2 8sper
B cent. sterling exchnng n weak az. 4.s4;se
n ds4.s5 for demand, 4 and at A.s2 2od534. BIO
N forSs 81 xty.day bills. Posted rates s4:sa
and q. IS. commercial bills, &i.s1 7-sa94.s g..
Bar silver, 65 cents Mexican 9 ollars,
b0t1-28ccntB.as ,aSe
Government bonds STEADY a} II ~ s's1s
x bonds heavy. RI II 3s III 4 ss IA