The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-06-22
New ork
Stock Market

New York, June 2l-EStreme dull
+ ness and narrowness OF movement, were
the dominant features OF to-days stock
market. The undertonc was generally
nrm. except at'athe opening and in the
final hour. when prices manifested q
tendency to sag. but operations were
so light and professional as TO render
the net result practically negligible.
The total output was only about 10000
shares. which almost established a low
record FOR any recent full day. The
local market was proba bly, affected in
q measure by conditions abroad, part,t-
ularly in London, where all things
hna2ciol had given way to The corona
item festivities. Other European eN-
changes were featureless, aside from
some weakness in Paris and Berlin.
liome news was rather meagre and
somewhat mixed The crop situation
continued TO be the centre of interest.
The government, forecast for the Mid
ole West during the next TWO days sug-
Gests q continuance OF fair and warn,
weAthe; conditions in South Dakota
and Montana
One Of the negative events of the day
Was The declaration of the regular
sen,i-annual dividend OF Lehigh Valley
common, despite some recent forebod
:rcsi,The stock recovered part of its
decline OF the last few days. and Read
:rE whic., has no small interest in Lee
Aigh Valley. slifened percepthly In
3;as stssi industry the event of the
esywss ;u; of 50 PER Ton in the price
&: 7'irs nrp6ucls hyHone of the subsid-
Ss-s=; 81 10 United states Steel Cor
g,,.,k.i6;. S;eai shares We're firm on the
ss5ssz7 of.;hat corporations chief
lIrc that orders thus far this
$500 Hsvs averaged from eS.ooo TO
lMnrl i,-s 7e- days. as against $4,000
-rii: = i>s preceding month Opera
-,ifs:s = 7Ass corpora tons mills are
E.tun II = per cent. OF capacity at
,l!lts 1tt--,.- -7npsred with So per cent
slisss. uir,-:A Trade reviews confirm the
;.ai.rIa r-nss!7 OF hetterment in the
s'ns:n i-7,i s-oa business. In the group
III G,u4i1. G:!;.tiss. American Telephone
.ns.,t. v,-r slight recovery from its
htii,'iaG is,-lirs Of the previous day.
--ss'-,,c'''I-. l=rcss from Paris stated that
ssfrlri, Dissatisfaction was felt there in
oris yii.';:: With the proposed $4,000, 900
.s;lnt.E L--esse authorized by the tele-
iltts1. osEqaay. and that yesterdays
~ -as:s-fztas n the stock on the Bourse
IN. -sslits. in some confusion, which
Ts izi=- aElicshly adjusted
Eas fractions We're inactive and were
O1' : al aHecten oN tne ddoDtlon OF
81 r1endment 10 the subway plans.
The bond market followed the course
{: stocks, with here and there a reac
iionary trend. Issues OF the Wabash
Pit:sburs Terminal Company were sold
81 marked declines. following the pub
LEGATION of the proposed terms OF re-
organization. Total sales. par value,
s2,375.oo0
United States government bonds were
unchanged on call. Total sales of
stocks to-day, las,2oO shares.
New York. June 21.-Money on cali
steady. 25sI2A per cent; ruling rate.
2as closing bid, o9s offered al als per
cent; Tine loans easy; sixty days. 2s
per cent; ninety days, 2ik AK per
cent; six months. 81: a az. Prime mer-
Camille paper, +d+ia. Sterling exchange
steady, With actual business in bank
ers' bills at S4.s5So for demand Com
mercial bills, SASSY Bar silver. 525s
Mexican dollars, As. M