Newspaper Page Text
An Effective Turn Was Made
Against the Bears.
DEMAND WAS URGENT
Many Prominent Stocks Were Lifted
to a Leve! Two Points Higher Than
Monday's Close?Bond Market
(By Annodateti Presi,)
NEW YORK, June 2.-The first effec?
tive turn iit-aliist the hear.?, which has
Leon ftceomellehed pince tho present pro
loiiRod declino In price?? sot In was ef?
fected to-dav. and that without? mil
Btrlklng development In the news to nffect
valuo.?. On the contrary, there was a
rlemornllzed Plump In a group of securi?
ties which wero i-yrnpatlietlr-illy affected
by Ihe speculative break-down In certain
Canadian market.??. It was the serenity
wllh which this break was rgemded and
It? failure to Induro nny further liquida?
tion In the market which Imnroened ?ho
bears with the advisability of protecting
their position by covering their abort
commitments. During the last hour ot
the trading Iho demand from this source
became somewhat, urgent, and Ht. Paul
and Missouri Pacific wore lift???! more
than two points over last nicht'? Inve?.
Rock Island, Southern Pacific, Atchl?
son, Loulsvlllo and Nashville, Wabash
preferred and e number ?d such Iniiu
entl.-i! stocks besides roso about two
points over last night In tho late ?leal
iiiKs and the market closed very active
and strong. Premonitory symptoms of
trouble have been visible In the Cana?
dian group of securities for some time and
seemed to have had their Inception In
tho rumored troubles of the Dominion
Coal and Iron Company and In an ex?
cess of speculation on the part of Ca
undlnn shareholders In those companies.
Yesterday's ehnrp docllnes In some of
theso stocks Induced demands for addi?
tional margin by New York broker* and
forced liquidation of some of these ac?
counts lo-dny. Besides thOHO disturbing
Influences the market had to face the
probability ot .shipments of gold on
Thursday of an aggregato of $4.00),'???, al?
though only part of this sum whs actual?
ly engaged to-dny. A slump In the Lon?
don copper market caused a drop of 2
points hi Amalgamated Copper and was
nn effective chock to the early harden?
ing tendency of thn market. London re?
sumed treding after th? holiday to-day
and was disposed to buy stocks here an
It was reported that London was short
of Americans. The further reports of
flood damage In tho West were without
notable effort, as the quieter tone of the
grain market gave ground for hope that
the harm to the crops had been exagger
New Rock Island R'b. newly dealt In,
rose more than a point over last night's
curb price, and there was a sharp ad?
vance In United Stnles .Stool second (Vs.
Otherwise tlio bond market was Irregu?
lar. Total s.nIos. par value, 12,510,000.
Cnlted States 2>, coupon, declined 1-2
per cent, on the last call.
Tola! sales of stocks to-day were 737.090
MONEY AND EXCHANGE-CLOSE:
Money on call, steady, at 2 l---#2 .1-4 per
cent.; closing, 2 1-4*5.! 1-2; time money,
steady; sixty days. 4 per cent?; ninety
days, 4 per cent.; six months, 4 l-2*?5
per cent.; primo mercantilo paper. 4;
Hterllng exchange, strong, with actual
business In bankers? hills at ?4.8S.30 for
demand and m J4.85.2S for sixty day bills;
posted ratos, ji.f? l-2*?f4.?-5 and ?H.8S 1-2*3
4.?59; commercial bills, $4.85; bar silver,
13 3-S; Mexican dollars. 42. .
Wall Street Gossip?.
(Special to The Tlmes-Dlspatch.)
M.W YORK. June '.?.?Thn opening of the
Jtock market was irregular and generally lower.
InOiKtii-M to i>omo extent by Ida continued rain?
In Kan??? and the Mississippi Valley, and alno
by the vlgorou* raid on Canadian Pacific. The
lirgrr trader? ?ecmed willing t? follow the pre
Telline tendency and put out lome of tha itock
tnoy bad covered on Monday.
Canadian Pacific wa? under pressure from the
opening, ??Id to he directed against weak bull
account? In both Toronto and Montreal. People
In touch -with the mere Important pool ?ay that
Ihe member? ot. it are not concerne?!/and are
roulent lo let Ihe market take-It? eourso. The
news upon the whole ha? boon good, but the
decline haa canned ? good deal of nervoustiesa
Binons foreign holders.
A. C. I*. declined in the early market In s-J-ji?
pathy with the weakness In Rio Tinto In L/3?
don and tbo further drop In the price of tbo
metal there. Tlio Lowlsobn lnterent la ?aid to
be bearish, both on Iho atock and tho metal.
HAIN AKKKCTS BTOCKB:
Thn continued rain? In the middle. Went af?
fested Atcblnon, Union Pacific and Missouri
Pacific to some e?teut at the opening, but Itock
Inland met with good support.
THE FIRST HOUR:
la spite nf Ihe break In Canadian Parlile
?nd kindred Issues, tho market In (he llrst hour
rallied very well. All tbo Grangera Improved,
?nil tbe disposition to cover Bhort?. which had
been somewhat In evidence among tbo more
active professional? on Monday, wa? very rnnrk
rd. London was a fair buyer, and thn Chicago
wire houses look stock In some quantity.
BUYING IN ROCK ISLAND;
The principal buying In Hock Island common
was by Moin tyro <t Marshall, hut Henry Clevres
it Company hnd ? good buying order In the 4
per cent. Intuii? Tb? former wn? taken as rep?
resenting Ihe covering of well-informed Chicago
nperstur? and Indicates il mora aggressive kind
nf support from the Moore? and tbelr friends
Hi,m tbo market: bas seen for somo time.
RIGAR RALLIED EASILY:
America? Sugnr rallied ennll.r. although the
street look the rf-guler dividen 1 for grained.
There Is some reason to think that people In
tonili with the truo conditions of thn sugar
trade havn been picking up stock recently. It la
doubted, however, If there will bn any serious
move much before the meeting of Congress.
THE SECOND HOUR:
Thn market In the second hour showed very
considerable strength. In spltu of an important
failure lo Toronto. It looked as If there, was
better nrganlicd support, although the early
rally wbb urn. maintained. In every caae. The
professional element wn? trading for an advance
on theory that tbe wont wae known.
.STANDARD OIL BUYING ST. PAUL:
Tho Standard Oil brokern were huyere nf Bt.
Paul, and H. Well and his following wert) taking
?tock around the room. It looked as if the
Waldorf crowd had changed over to tho bug
20PPER NOTICEABLY WEAK:
Amalgamated Copper waa noticeably weak on
ihn reduction In the trade price of th? metal
ind tbe heavy selling of Rio Tinto? in London
for Paris account. Trade Interest? bere were
nrit hopeful nf maintaining the price of the
metal at tlin presrnt level, lu view of tbe severo
declluo In London.
There was ou early borrowing demand for
Missouri Pacific, Union Pacific and St. Paul and
Atchlson, lu spite of tbe rather harder money
rato, while Cnuudlon Pacltlo waa very scarce
at 1 per ceut.
RRI.AK RESULT OF FAILURE:
The bad break In Twin-City. Bloss-Stiefl'leld,
THOMAS BRANCH & GO
New York Stock Exohange,
New York Cotton Exohange.
PRIVATE WIRES TO
I OFFICIAL RANGE AND SALE OF STOCKS IN NEW YORK \
EOO American Can com. G
American Can pfd.
300 American Cotton Oil com. St
2*?2? American locomotive com.... 22*1,
<KO American Locomotivo pfd. PO
900 Anaconda . S7
HO American Cnr nnd Foundry_ 3<?V?
K946 American Riif-ar . 121
?1010 ?., T. and Sante F?? com. 72%
8?*,7!) ?., ?. nnel fiante, Fe pfd. ?'i.
67160 Amalgamated Copper'. 57
1G*?7? Baltimore, nnel Ohio. R7?i
7,VX) Brooklyn Riiptel Trans. M
67900 Canadien Pacifie . 121
400 Cchesapenk?? nnd Ohio. SS?.
Canada Southern .
1670 Colorado Southern coin. 1**J
200 .Colorado Sotith?in 1st pfel. Kl
1200 Colorado Southern "d lefd. 29U
WW Chle.'agei. Mu. nnel St. Paul. 149U
619fV) Chi., Hock Island nnel P/IC.
1725 Colorado Fuel and Iron.
13J0 Chicago Orcnt Western? ....
Ci Ci C. arid St. Louis....
f00 Consolidated Gas .
Ut? Delaware nnel Hudson. 170'<.
Del., Lack. nn?l Western.
?7.7? Ello rom . fflS
627? Elle 1st pfd . (?7*i
4100 Erio 2/1 . pfd . t?>A
?f*) C'onorai Electric . 181
MO Illinois Central . 134"*-i
7400 Leather . RV?
.1140 Louisville and Nashville. 1121,?
WVI2 Manhattan . 127M
1S0O Mexican Centrnl . 23Vi
Branch & Co., Bankers and Broker?,
Close. SALES: Open.
3S940 Missouri Pacific . 1<TR
1160 Mo., Knn. and Toxns com. 23li
2S0O Mo.. Kan. nnd Texas pfel. fil
42-? New York Centrnl . 12?
?*?60 N. T., Ont. nnd Western. 2rW?
Norfolk nnd Western. G7V?
Pressed Steel Car. Spi
Pressed Steel Cnr pfd. 68
People's (ins Trust. 100
Reading com . 47V<i
RredlnR 1st pfd. 83
Rending 2d pfd . 66
MiJi 1225 Republic Iron and Steel com.
12?1??I 300 Republic Iron and Steel pfd.
'*' 61*V) Slose .
200 St, ty. nnd San Francisco...
ISO fit. L nnd San Fran 2d pfd.
Seaboard Air Lini com.
Senbonrd Air Line pfd.
St I, nnd Southwestern pfd.
Southern Pacific .
?','in Southern Railway com.
. 225 Southern Railway pfd.
W 4075 Tennessee Coal and Iron. F.1'4
lP9u! 3300 Texas Pacific . 3J
*--" Union Paciflo com. 82
Union Pacific pfd.
United States Steel com. 3U4
United States Sle?-1 pfd. fO"?
Va-Carollna chemical com..... ?>6V4
Vn-Cnrollnn. Chemical pfd.... 118
Wabash com . 2474
K?JlOtOO Wabash pfd . 4**?
114' 1 300 Western union . j?,*.?
\ZSVi 1985 Wisconsin Centrnl . -??f?.
24'il 310 Wlaconeln Central pfd..
*"" * s
? 1 ??*
G. ?. refunding 2'n, registered. ??G.?.,
t.". 8. refunding 2'n, coupon. lO.'.iJ
I.'. K. ,Tn. registered. 107
U. 8. 3'n, coupon . 1"7
U.S. New 4'e, registered. ISM?,
V. 8. New ?G?, coupon . 186%
IJ. S. old ?Vs. registered. iWii
U. S. old 4's. coupon. 110%
C. S. r.'s, registered. 102U
U. S. r.'s. coupon. 111"'!',
Atchlson, general 4? . Uli'"?.
At.-blson, adjustment 4's. QQ%
HaltluKire nnd Ohio. 101*4
Daltlmore and Ohio :<>?'*?. IM
?? III more nnd Oblo Conv. 4'?. )<KJH
Canada Southern 2,1's. 10<1
Contrai of Georgia f.'n . 104M
Central of Georgia 1st Ine. 78',-j
Chesapeake end Oblo 4V,'i. 114
Chicago and Alton 8JV?. THV?
Chicago, ?. and Quluey new 4'a. ????,
Chicago. . nndM St. I'nul gen. 4'a. 11?
CLOSING BOND QUOTATIONS.
Chicago end Northwestern con. V*. 13tU
Chicago., Rock Island and Pae. 4'?. lnSty
?... ('.. C. and St, t/iuls gen. 4'a. 07H
Chicago Terminal i'n . *>.<<*.
Colorada and Southern 4's. 88%
Pr-nver and Rio Grande 4a. ??ti
Erlep Hor lien 4's. 0?H
Erin General 4's . 84%
Tort Worth and Denver City 1st'?. 108%
H-jrklog Valley 4?yn . 108
Irtulsvllle ?nd Nnsh. Unified 4'i. 100%
Mnnhnttan Consolidated gold 4'?. lftl%
Mexican Central 4's . 77%
Mexican Central 1st Ine. 28
Minn, and Bt. Lout? 4's. 100
Missouri, Kr.n. end Texas 4'a. '.SU
Missouri, K?n. and Texas 2d'?. e'0%
Now York Central gen. ali'?. 102?i
New ?Terney Central general 5'a. 183
Northern Pacific 4'a . 101%
Nothern Pacific 3'r, . 72%
Norfolk and Wentern con. 4'e. 08
Rending Genernl 4'a . ?7%
St. L. snd Iron Mountain con. G'u. 112
St. L. ?nd Ban Fraoel?eo 4?. BSV
St. Louis Southwestern let's. tH\
St. Louis Southwestern 2d'B. 807
San Antonia and Arkansas Pass 4's. 71.
Southern Pacific 4'b. 89%
Southern Railway B'a . llf>i?
Texas and Pacific JsTm. 110%
Toledo. St. L. and Western 4's.f. 73M
t.'nlon Parlilo 4'. 102%
Colon Pnclflc conv. 4'a. 06%
Wshanh lnt'n . Iir.u,
Wabnnh 2?? . 105%
Wnbanh Deb. B'a. 7U
Went Bhore. 4'a ..:.G. 100%
Wheeling and Lake Erie 4'? . 91
Wisconsin Centre! 4> . 01
Continental Tobacco *'? . flo%
Colorndo Fuel 4'? . B.I
Rock Inland 4'? . 80?A
Pennsylvania con. 8%'b. 04%
M. ?nd 0.. ??ollateral trnst 4'?. 03
Central of Georgia 2(1 Ine. 83%
Va.-Carolin? Chemical Co. com. B7?4
Virginia-Cn roll n? Chemical pfd. 11?
Ihe "Boo" Issues, snd In a lesser degree In
Canadlsn Pacifie, was tb? direct result of the
Amu failure. Thn firm Is rated nt ?1,000,000,
and A. E. Ames Is a director of Twln-Clly.
In thn early afternoon the market rallied
well, end In spite of ihn break In stocks, af?
fected by the Toronto failure, the buying was
generally good. Tho transfer of thn energy of
Importent speculnftirs to the long sido of the
account was a noticeable feature.
STHKNGTH IN STEEL PFD. : . I
The strength In l.'nltert States Steel preferred ;
:ss an Important feature In thn day's trading.
The greater willingness to convert Into boils
reduces thn supply materially, and tbe Kin
?Towd i?e*'nis to Indicate that the stock has
been oversold. Specialists consider that tho pre- i
ferrod at least Is very well distributed.
BANKERS LARGE BUYERS.
Tbo bankers mostly closely Identified with
Union Pacific and Pennsylvania rosds make no
eectct thai tbey have been large buyers of
Union Pacific, (Southern Pacific end Baltimore
and Ohio In tbo recent past.
??? CANADIAN PACIFIC POOL?
Tbe Canadian Pacific pool proper, which con
slats of at leant three member? of the compnny'?
strong flnniidnl force, and two other of thn
most Important names In Ca?ad?, was an ag?
gressive buyer of Canadian Pacific alter the an?
nouncement of the Monterai failure. The r-rarclty
of thn stock In the losn crowd materially helped
The day's rslly was well maintained up to
h? close, and the professional element generally
showed a more bullish temper than for a very
long time past. The Woldorf-Astorla crowd,
seemed to have turned round, and tbe email
traders found their profit-taking ?alea i; ?*?r*i
up their book? before the close very readily
RICHMOND STOCK MARKET.
Richmond, Va., June 2. 1003.
Vs.Carolina Cbemlcol preferred?80 ?hare?
Va.-Carolina Chemical common?10 ?hares
at fJ0??; 4 share? nt 57.
STATE SECURITIES: Bid. Asked.
North Carolina 4's. C, 1010...? 103 ...
Va. .Vs. New. C. and R.. 1832. ?2?. ...
Va. Centuries, 2-3, C. and It. 03H ...
A. C. L. of Conn. Cer. of Ind. 4'?.. 03% 04
Char.. Col. and Aug. 2d 7's, C... 112 ...
Georgia. So. aud FU.. 1045. 114
Ga. and ??a. Con. 5's, 1015. 110 ...'
Petersburg Class A 5'n, R. C. 114
Petersburg Clas? ? 6'?. It, C. 127
H. A. L. Con. 1st 4?. 1050. 81 ?2
S. A. L. Collateral Trust 6's. 101?; 102
STREET RAILWAY BONDS.
Norfolk Street Ry. 1st tV?,. 110
Norfolk Ry. and Light Ini 5's. 08
STREET RAILWAY STOCKS. Par.
Norfolk Ry. aud Light Co.25 12 13
RAILROAD STOCKS: Par.
Atlantic Coast Lino "A".100 125
Atlantic Cosst Line pfd.If?) 10S
Atlantic Const I.I tin com.100 125 127
Norfolk and Western com.100 ?7
Seaboard Air Linn pfd.100 41 42
Seaboard Air Lino com.100 24 24tl
Southern Railway com. '-'?
BANK AND TRl'ST CO. STOCKS:
Broad-Street Bank .25 2ti% ...
City .23 33
First National .100 200
Merchant? National .100 300
National Hunk of Virginia..100 127
Planters National .100 330
Southern Trust Co.100 112?,4 ...
Va. t'Ire uud Marine.25 '87% ...
Va.-Car. Chem. pfd., 8 p. c.100 110 120
Va.-Carolina Chemical com_ion 56% f.7%
BALTIMORE STOCK MARKET.
BALTIMORE, MD., Jim? 2.?Seaboard Air
Line common, 231,?ft24; do. preferred, -l??*)*?til 1.
Seaboard ?'?, S0%<880?i?
Atlantic Coast Line common, 134*3126; do. pre
ferred, not ?luotfid.
NEW YORK. June 2.?Tho cotton market
opened firm at uu advance of 3*??) jiolnia ?nd
following Ilio call, while not particularly ?olive,
?bowed still further strength, particularly on
the now crop months under firmer cables, oppre?
henelnne that ibe floods In Iho Southwest would
work down Into the cotton country and coverfiig.
Under these Influences tho new crop w?? ad?
vanced before uitd-day to ? new high love) for
Hie sennini, September selling up to 10.22. Oc?
tober to 0.77, December to 0.H2. Folowlng till?,
however, Ihe market iiirm-d easier under renile
Ing. Tlier? was a moro favorable nini In lue
weather, mi') It seemed to be thought that the
floods were not likely to reach the cotton coun?
try ul sufficient volume io work nny material
Injuries. Export? for the (lay wero heavy,
amounting to 18,725 bales, but tbe port re?
ceipt? turned out heavier Hum originally esll?
muted, being 8,1104 bales against 3,061 bules
limi year, while thn lino-sight tor tbe week war
estimated at around 62,00u balee against 42,000
Th? better account? frour the dry good? trade
bad llttlo Influence, In view of th? low price? at
which Hie finished product? I? ?oiling compared
with tbo price of cotton, and It was argued that
while the government report of to-morrow will
probably reflect known condition?, the present
level of price? discount? the damage. The ?pot
market? of the country, also, while firm, show
Ill Ilo tiuslii???, und the ?pot ?ale? In Liverpool
iimouutod to only 3,000 bules. Influenced by
? these and possibly encouraged by tlio Improve,?'
incut over tbe condition? of luat week, nuten la
the weekly Weather Bureau, tbe market ruled
?may all the afternoon, being Anally burely ileudy
at practically tho lowest of the eoselon niiil.uot*
unchanged to fi poluta lower,
Total sale? of futures estimate?!. at 150,000
Cotton futures opeued firm anil closed bnrely
Open. High. Low. Close
June .11.13 11.14 11.11 11.00
July ..11.10 11.23 . U.17 11.17
August .10.75 10.711 10.70 10.72
September ...10.21 jn.22 111.18 10.13
October.0.72 0.77 0-6-1 0.114
November .., ?.ou 8.02 . 0.00 n.fto
December .... 0.5S 0.O2 O.Bll 11.60
January .0b7 0.02 O.611 0.8O
Spot cation quiet; middling uplunds, 11,50;
middling gulf, li.76; ?ale?, none.
Cotton, quiet'; middling. 11.50; net receipt?,
60 hule?; gross. ???.'??? lisies? stock, 171,525 Pules.
T"tel t.-i d.i.. il r II -???,? Nel iveelpl?.
8..im bales; 0 .;. .1 lue I ?ul-liieut,, 17.120,
bnle?; stuck, 275.21 bbales.
, Consol?date?! si all ?etiporU?Net iccclyn.?
14.121) bnles; export to the Contlne-it, 40,806
Total since September 1st ?t all seaport??
7,689,108 bales: eiport to France. 730,862 balea;
to tbe CoutluoDt, 2,701,882 bale?; to Japan, 130,?
NEW ORLEANS. June 2.?COTTON?The ?pot
cotton market continue? quint; quotations un?
Tbe futur? market wa? quiet. Both bula
and bears ni? ?valline for tbe government re?
port, which will be laaued Thursday. The open
inn June ?.-a? in poluta higher, August down ?
point? and tho remulnder of the 11?t 10*33 point?
higher. After ihe opening there wa? an up
?vard? turn of a few pointa, but before the close
price? eased off. th? Hat ?bowing June and July
t last erculng's clewing figur?e. August waa ?
points up. while the other petitions had lost 2*24
points on the day.
Cotton future? quiet and steady: June, 12.00
bid; Julv. 12.34*412.39: August. 11.80*311.01;
September, firstname.lastname@example.org; October, 0.02(30.53;
November, B.83*;iP.34i December, 0.83(38.34;
PRODUCE MARKETS. .
NEW YORK. Jims 2.?FLOOR?-Fairly ?crin
and firm. Rye Flour?Steady. Corame? 1?Quiet.
Rye?Firm; No. 2 We?tern, ,B0%c. Barley?
Wheat?Spot firm; No. 2 red. nominal. Op?
tions opened unsettled and s shade lower, but
later rallied and were Arm all dav on a renewal
of bull crop new?. Th? close waa ytt?l.%c. net
higher. July closed at 80%c. ; September,
77*:.c.; December. 78i?c.
Corn?Spot firm; No. 2, B7c. Option market
weakened at first under reall?lng sale?, bua re?
covered and belo firm all day on a bullleb Iowa
report covering ?nd Inveitment buying. Tba
?rloho was net unchanged. July closed at 55V*?c. ;
September. SSVjc. Oata?Spot steady; No. 2,
05???. Option quiet, but generally firm.
Beef?Quiet. Cut Meats?Dull; pickled shoul?
der?. 8V.C.; pickled bims. 11 ?4*311 V4o. Lard
Firm; Western steamed. 10.25; refined, firm;
compound. $7.75*38. Pork?Steady. Tallow?
Dull. Rosin?Steady. Turpentine?Dull at 43 ? ?
C?jffee?The market for coffee futures opened
quiet, hut rallied later by covering, and at the
close wa? dull, net uncbauged to G point? higher.
Sales. 7,250 hag?. Spot Rio. qalet; mild, easy;
O-irelova, 7<)i'3J19?c. Sugar?Raw, steady*, fair
.''??o.; centrifugal, 06 test, 3 1B-32C; molasse?
sugar, 2 28-32; refined, dull. Rice?Firm. Mo?
Butter?Firmer: extra cresmery, 22"?c.; Stnte
dairy. l?(321c. Cheete?Irregular; State, full
cream, loncy small, colored, lO^jc; small white,
10*^0. Eggs?Irregular: nearby extras, 174*3
lSc. Potatoes?Steaely; new Southern. $8(53.75:
old price, $2*32.25; Jeisey ?weets, hasksts, $lea
1.50. Peaneits?Stendy; fancy handplckcd, 4\.?f
4'?,o.; other domestic, 2"-i*34V4e?. Cabbages?
Eie??, : orfolk. 75c.*3$ 1.25. Cotton?By steamer
to Liverpool, 12c.
CHICAGO. ILL.. June 2? Trading w?a active
in nil markets today and higher prices ruled,
July wheat closing l*XsC. higher; corn 2\s<32V*.c.
higher, and oats up *?c wbllep r?visions were
strong, the September produite closing from
The loadlnf- futures ranged aa follows:
Open. nigh. Low. Close.
June. 75 7.-,**. 74V? T4T4
Julv. 75? 751. 78% 70*?
Sept. 72'?, '.3'i 71V4 "2%
July . 48 48 ?!?*4 47?i
Sept. 4Ui 4714 4? ?7V4
li?e. -????, 401.5 45 Vi 4?
Julv . 85 ' 85V4 MV4 ?-4H
Sept. ?2 32*>? 31'? *2%
D,??. 32 S2?; 31 ?? 32!*,
MESS PORK?Per bbl.
Julv .17.42M 17.07'(j 17.421,'. 17.57'*?
Sept. ..;... ie.R2'-j 17.17'? 17.82', 17.02Va
LARD?Per 100 IIib.
Julv . 8.05 n.02'i 8.00 8.00
Sept.fl.OO 0.024 8.05 8.05
SHOUT RIBS?rer 100 His.
Julv ..0.55 0.(10 0.474 0.474
Sept.0.30 0.35 0.2'e 4 8.27 V.
Cilstl quotations ?vere as feillo?v?: Flourv
wns flour. No. 2 spring wheat. 78*3T0c.; No. 3,
74c; No. 2 red. 74Vi*375"-tc No. 2 corn. 474??.;
No. 2 yellow, 4S*34K>-je?, No. 2 oat?. 86c; No. S
white.. ."?'lU.rtfUtltjc. No. 2 rye, 40*340VjC. O.eod
feeding barley, 40343c.; fair to choice malting,
40 (g 54 c. No. 1 flaxsped, $1.10(31.11; No. J
Northwestern, $118; prim? Timothy seed. $3.00
(3H.70. Mes? |iork, per barrel. $17.50(317.024;
lard, per IflO pounds. $8.85(3800; ?hurt ribs
?Idee (loose!, $0.30*80.45: dry salted shoulders
(boxed?. $8e38.12Vj: short clear ?ides iboreil),
$0,8714010. "Whiskey. basis of blgh wine?. $1.30.
Clover, conlract grade, $11,15011.17, Butter ?
Firm; creameries, 1G>???21 V~c.: dairies. 15318?.
Obeeae?Steady at ici4<?ll4c. Eggs?Steady
BALTIMORE. MD., June 2.?FLOUR?Un
rlnnigcd. Wheat?Dull; spot, 81 ?ff 81 Vic. ; July.
81c. asked, Corn?Sternly; spot and July, 58^(3
54c.; Southern while coni, 40?55<\ Oat??Firm;
No. 3 white, H4*342c. Rye?Dull; No. 2, foe.
Butter?and Rugar?Firm and unchanged. Eggs
Firm and higher; fresh, 164c. Cheese?Weak,
RICHMOND GRAIN MARKET.
Richmond, Va., June 2, ]003.
I.euigberry . go gg;.
Ml-?ed . 82 (?83
Miortberry . 82 ?tSS
No. 2 red .,. 83
CORN-8 l0t. 7d 083
Wiiito (Va.) bag lots. 65 qBt
No. 2 white . 6a
No. 3 while . 65
No. 2 mined .,. 6?
oN. 3 mixed. 6-1
No. 2 mixed .,. 87U
No. 8 mixed . 87
RICHMOND LIVE STOCK MARKET,
(Selee ut diluii Stuck Yards.)
Richmond, Va., June 2, 1,003.
Rei'Clpts for tho week oinllng June 1, 1003?
CATTLE? Receipts, 2uS head; uiurket fuir.
Rest steers, 5?36'.'??.; medium tee. good, -?'????? ?
Ughi tic?is und hclf.'is, ?Hi?4Vic; eisij liolf
??|??, SUO to 1,000 puuiiii?, 4Vj<?4%c; cows '?%M
4??.; bull?, a-lie; fresh cow?. $2?.*3?16.; culi*?"
6(3tie?. Suutliitii Calile: Best ateer?, ?K r,f
4V,r..; medium to ?noil, 81?(??4c.; gUUJ ceiw?
mid heifer?, $V4(98Uc.| coininon to r?Ir. fl(R3W,e
HOGS-Receipt?, 174 bend; selllug ?14(3tie.;
roughs. 4*3Bc. * 11?*V?|
SIIEKI* AND LAMBS-Rceelpts, 08 head
Sheep, 334c.; spring lamb?, 0!4<37c.
CIIU.U.o II. I... June 2- C VrTLK-Muiket
Me-ieily |.> ,\euk. IjooU tq prime slee'i?. f4.(Ki*?
6.110; cow,, $1.60*3475; ??Ivi-*, $2 6(i?a 7fi.
Uu???Uiukvt IOc, hlfh.r, MU?J gad hinch?is,
t4.BO(?6.80: good to choie* he?ry, ??.8d?3?.???>.
Sbctp?Market ?tronr to higher. Oood te choice
wether?, ?4.75*25 25; rntlve lnmbs, ?4.50*37.40.
NEW TORE, June 2.-?BEEVES?Trade light.
Two care of distillery-fed ?teer? sold at $4.65.
Calve??Feeling weak; nothing doing of Import
enee. City dressed veil? steady at ergie?e,
ter pound. Bheop and Lambs?Firm for both
?beep and lambs. Sheep, $347 1.65; Iamb?, $7.25(3
EAST LIBERTY. PA.. June 2.?CATTLE?
Stesdy. Choice, $5.80(35.40; prime, $5*35.20;
food, ti.~tiQ4.8S. Hog??Actlre. Prime heavy,
0.86H6.40; medium, $0.25*36.30; heavy yorker?
?nd light yorkern. $6.20(38.25; pigs, $0.2??3?.30;
loughs. $4.25?34.r0. Sheep?Higher. Best
wethers. $4.40(34.80; choice lambs, $.?.75',??.
Ves! calve?. $0.60(37.28.
CINCINNATI. O., June 2.?HOUR?Active aa?)
higher ?t $4.40*30.16. Cattle?Stesdy ?t $2.50<3
4.85. 8heep?Ea?y nt $2.25*g4. Lamb??Quiet
end lower et $4.60(37.26.
PEANUT AND PEA MARKET.
NORFOLK VA., June 2.?The peanut m?rk?t
I? quiet to-day. The ony change In price? la
Spsnlsb nut?, which bave : dropped In price to
77*?c.? bushel. The price? ar? a? follows:
Fancy, quiet et 8c; strictly prime, 2??c??,
prime, 2V*lc. ? low grades. 2c; machine picked,
2t3'2Uc?i Spanish, 77Hc. per buehel. Blackeve
pens, $2.25 bag; black and speckle pea?. $1;
clay and red peas, SOc ? Peanut bag? In bales
08 In., 7 4-lOc.
FETERSB?BG. VA., June 2.?PEANUTS?
Spanish, new, market Very firm at 77V4c.? ?eller?
asking more. Vlrglnla's?tjoletrat 8c.
DBT GOODS -MAHKET. '
NEW TORK, June 2.?Th? dry goods market
ba? not shown as general signs of improvement
as was hoped; buyers are conservative and the
high prices which are still being esknd have
arted a? ? handicap to free trading. Mapufac
turere ere more determined than ever to secure
advances, ?nd In addition the determination to
curtain under any circumstance? Is growing more
general. . i j t
WILMINGTON. N. 0., .-June 2.?SPIRITS'
TURPENTINE?Nothing doing; receipts. 16
caeka. RoBla?Firm at $1.70?1.7C; recnlpta, 48
barrai?. Crude Turpentine?Firm at $1.75, $8
and $3.25; receipts, 1.4,3 barrels. Tar?Firm at
$1.68; recelpta. 62 barrels.
SAVANNAH, OA? June 2.?TURPENTINE?
Firm at 4614c: reeslpts. 1,712 cask?: naie*.
14,001 cask?. Roeln?Bteady; receipt?, 2,79ft her?
r?is; ?ale?, 208 barrels.
CHARLESTON, 8. 0?. June 2.?TURPEN?
TINE?Nothing doing. Rosin?8teady.
COTTONSEED OIL MARKET.
NEW YORK, June 2.?Cottonseed oil was dull
and barely steady. Trlme crude, f. o. b. mill?,
34*335^0.; prime summer yellow. 40c; oft ?um?
mer yellow, 87<3ft8c. ; prime white, 4??047?.;
prlrr.o winter yellow, 40*g*l7c; prime meal, $27(8
TORT OF RICHMOND, JUNE 2, 1008.
Steamer Berkeley, nny. Norfolk, merchendlM
and passengers, Old Dominion line.
Steamer Pocahontns, Graves. Norfolk and
Jame? River landings, merchandise and passen?
gers. Virginia Navigation Co.
Schooner Virginia, Evan?, Severn River, eannd,
Southern Glas? Co.
Steamer Yemaasee, Simmons, Philadelphia,
Pa., merchandise and passenger?. Clydo line.
Steamer Brckeley, Guy. ?Norfolk, merchandise
and paaaenger?, Old Dominion line.
B?rge Berks, Moyel, Petersburg, light.
TORT OF WJ-BT. POINT, JUNE 2, 1003.
Charlotte, Murphy, Baltimore, passengers ?nd
Elm City, Haynes. Mattaponl River Undinge,
passenger? and general cargo.
Cherlolte, Murphy, Baltimore, passenger? and
Elm City, Haynes, Mattaponl River lanflnga,?
passengers and genernl cargo.
PORT NEWFORT NEWS, JUNE 2. 1003,
Schooner George A. McFadden. Portsmouth.
Schooner XV," R. Tbnmns, Portland.
Steamer Kan?wha, Liverpool.
Schooner Bayard B?rnes, ew Bedford.
Schooner Clara A. Donnell, Boston,
BY A PRIMARY
A Number of Citizens An?
nounce Themselves as
(Special to The Times-Dispatch.,
GLOUCESTER C. H., VA., June 2.?
Tho Democratic county committee de?
ckled to-rliiy to hold a primary elee?lor, on
July 16th. The following have announced
themselves candidate?, subject to the
Hon. J, N. Tabb, for commissioner of
,th'e revenue; R. P. Gray, treasurer; Rob?
ert Peterson, George B. Felld (present
incumbent), sheriff, and William C.
Jones, Commonwealth's attorney; It. Ii.
Bridges, for the House of Delegates.
Mr, Gray Is a supervisor; Mr. Tabb for?
merly represented the county in the Legis?
lature nnd Is chairman of the county
committee; Mr. Jones lias Just come to
It le probable that most, 1f not all, of
the present oflUioliolders will be candi?
date?! in the primary.
The strike of tho engineers on the Olii
norrilnloii line Is musing great Inconve?
nience here. It Is not known when
there will be. any boat from Norfolk.
The trial of Ered Jenkins for cutting
Captain AVasb Thomas began In the
County. C'owt to-n?\y? ?
JONN L. WILLIAMS & SONS
DiAlere In IUCHMOND, VA-,
SOUTHERN INVEST MEHT
MUNICIPAL BOND8 A SPECIALTY.
Brother Preacher Says He
Got His Overcoat.
DOCTOR HAS CONFESSED
Plead? Guilty to Having Taken the Coat
but Says It was a Mistake.
Matter Has Been Com?
"Is Dr. Hatcher gullty?"
The friends of Dr. Hatcher were sur?
prised and nlarmed yesterday to see at
the head of a long article In a well known
Baptist paper of the South the words
quoted abovo, and there at once arose
the apprehensive feeling; that the brethren
on the outside had'at last caught up
with Dr. Hatcher onttjlefeoteU him In one
of his guilty acts. Perusal of tlio article
served In no way to relieve the distressed
minds of these anxious friends. In fact,
tholr worst fears wore confirmed, for
the paper continued as follows;
"Dr. William B. Hatoher, the univer?
sally admired and beloved, hurriedly, left ;
the convention (Southern Baptist) on Sat?
urday, taking with him my good coat and
leaving his old one.Instead. (The writer
of the article, by ?the'way, Is tho.Rev.
P. T. Hale, D. D? a minister of Owens
boro, Ky., In good Standing.) This woro
an ominous appearafl??s; '.'-' And inn I
not establish Dr. Hatcher's guilt, with ar?
guments many, and as crushlngly cogent
as the ratiocination with which wo some?
times prove the culpability and some?
times Impugn the motives of the breth?
ren and our fellow-mortals? This looks
PURLOINED HIS COAT.
Proceeding, Dr. Hale showed In a col?
umn and a half and more that Dr.
Hatoher had deliberately and wilfully
purloined his coat at the recent meeting
of the Southern iBaptlst Convention. Dr.
Hatoher. says the writer, was nlone In his
room when he packed up, nnel It Is now
recalled that ha packed his grip so full
that he waa unable to close it, and It re?
quired the combined efforts of two men
of valor to fasten it. It Is further re
oal?e? that th? Doctor, In. his abrupt
departure, neglected to shake hands with
his grieved room-mates. *vVhat other
possessions of the brethren the Doctor
carried off oannot yet be determined,
as there were brethren from nearly all
of the originally seceding States who
slept around three sides of that room and
bathed by squads and relays therein.
' The Doctor, It Is alleged and substan?
tially proven, fled precipitately with his
rich booty, and stopped not until he
reached Greenwood. S. C., and further
Investigation reveals tho fact that Dr.
Harry Bagby. of that city, formerly of
Richmond, was a partner In his flight,
and a likely accomplice in the whole
wretched affair. The question has arisen
why the fugitive ventured to stop In
South Carolina. The reason assigned
bears the stamp of great probability. Evi?
dently he believed that Governor Sweeney
would not extradite him, because he Is
an Intimate of Colonel'Hoyt's; while he
knew that Governor Andrew J. Monta?
gue, of A'irglnla, being a Baptist, know?
ing him. and zealous, would cheerfully
co-operate In any.scheme for his removal
In the course of his further remarks
upon this very surprising affair. Dr.
Hule makes mention of a letter he hns
lust received from Dr. Hatcher. In which
the well known minister confesses all,
hut declares It was a mistake. This ex?
cuse the Owensboro minister refuses to
accept, since "it evidently comes after
tho Doctor hnd an opportunity to try on
the coat and tn examine It nt his leisure,
and evidently had discovered that thero
was a patch of extensive area upon the
southern part of tho eastern hemisphere
thereof. . . . Hitherto we have had Im?
plicit faith In the genial Doctor, bul
henceforth we shall look with a dubious
eye upon all advocates of boards nnd
lenders of the organized work nf the con?
vention. ? look fnr many letters of
thanks from distinguished brethren for
making thin exposure of this leader In our
By way of conclusion. Pr. Hale de?
clares that he hopes tor-prevent the mat?
ter from getting any further?Into the
courts, for Instance, where ho icnulil
doubtless make a good case ngultist Dr.
Mntelier. Ho hns decided to compromise,
Pr. HatcHer agreeing tn come to Owons
bnro to sland trial, bo ills prisoner for
two weeks, nnd to aid him In a series of
meetings. This is the best he can get
out of him; he hns no money, being a
Just traded, Nos. (I and "~~8
brand new Remingtons; 2
brand new Smith Premier, Nos.
2 and 4; 4 brand new Bar
Looks, No. 10; 1 brand new
Century?all taken In part pay?
ment for tho Standard Visible
All worth ?100 each. Will sell
20 to 40 per cent, under factory
Also big stock of rebuilt
Typewriters, $15.00 up. Largest
stock south of Philadelphia.
Lowest prices. Best guaran?
tees. Bee us.
SOUTHERN STAMP AND
Twelve-Six Main Street.
Send for Catalog and Sanipl?H
If you can't call.
Our Perseverance ?ertif icaf e of Deposit
Sixty-seven cents monthly will give you hundred
dollars in ten years; six- dollars seventy cents,
thousand dollars, and other regular monthly pay?
ments in proportion. Just the thing to ac?iuire a
competency easily. Money yours on demand. All
other deposits accepted. Interest allowed and com?
911 East Main Street
S. GALESKI, Pr?s. W. GRAY WATTSON, Cashier.
LARGEST CAPITAL AND SURPLUS
OF ANT BANK OR TRUST COMPANY IN THE SOUTH-ATLANTTO STATES
Richmond Trust and Safe Deoosit
Tenth and Main Streets, Richmond, Va.
Capital and Surplus - $1,712,188.69
Executes Trusts, Receives Deposits from $100 and Upwards.
Allows 8 per cent. Interest on Dally Balances Subject to Check.
Accounts Solicited. Correspondence Invited.
JNO. SKELTON WILLIAMS, LEWIS D. CRENSHAW, JR..
JAMES H. DOOLEY, HENRY _. CABELL,
A BIG FIRM
A. P. Ames & Company, of
Toronto, Close Doors.
(By Aosodated Press.)
TORONTO, ONT,, June 2.?A, E. Ames
and 'Company, hankers and brokers,
closed tholr doors at noon to-day. On a
window was posted the following:
"Owing to the continuous severo declino
In tho securities market wo have found
It necessary to suspend payment, and
would ask tho lndulgenco ot our friends
for a few days until we can proparo a
statement of our affairs and decido what
Is best to be done.
(Signed) "AMES & COMPANY."
The liabilities of the firm are hard to
got at,* but rough'estimates-make them
show ns follows:
To depositors' In the savings bank
branch, about J200,000.
?No estimate can bo given of tho liabil?
ities to clients who.se stocks wero being
carried, but they would be hundreds of
thousands of dollars. ' To bankers and
financial Institutions on stocks the liabil?
ities, It Is expected, will reach ten mll-;
Inabilities under this head are secured
by tho stock, plus tho margins, so that
there is no possibility of loss tn the lend-,
ere unless all stock values disappear. The
bnnk managers'of the city are optimlstlo.;
One banker sald-fi-vWoi nro all right.
"We havo looked after ourselves, and any
money advanced to A. E. Amos and Com?
pany was secured."
Tho nssots of the (trm will not ha known
until their statement ls given out, but It
Ik thought they consist of Its equities In.
the stocks which It has been carrying
with tho help of banks and other finan?
WEEKLY CROP BULLETIN
Heavy Rains Cause Losses In Some
Sections and Drought in Others.
(By Associated Presr..)
WASHINGTON, P. C, Juno 2.-The
weekly crop bulletin of tho Weather Bu?
The States of tho lower Missouri, and
portions ot Mississippi Valley havo suffer?
ed much from heavy rains, and particu?
larly eastern portions of Kansas
and Nebraska and Western Missouri,
Droughts continuo In Now England, the
northern portion of the Middle Atlantic
States and in Florida, and rains are
needed In portions of the Central Gulf
States anil In Bouthbrn Texas.
In tho western portion of Kansas nnd
Nebraska and in Iowa corn-fields havo
beon badly washed out nnd much replnnt
Ing will bo necessary. In Iowa tlio ?ero
rige, will ho materially reduced. In the
Southern States corn has experienced a
vory favorable week, and is largoly laid
Winter wheat on lowlands In the east?
ern portions of Kansas und Nebraska
?nel Northwestern Missouri has sustain?
ed Inquiry from floods, but on tln> whole
tho crop has mado satisfactory advance?
ment, Harvesting Is general In Texas
and ban begun in Arkansas and North
Further Improvement In the condition
of cotton Is generally Indicated, but lho
crop, ?ih a rule, Is from two to threo
weeks late. 1'pttoi? stands nro reported
from tin? Carolinas, Tennessee, Alabama
?mil portions of Mississippi, Louisiana ?ml
Texas. At Arkansas, Oklahoma and Mis?
simrl, the crop Is genssy; Cutworms are
causing damage In Centrnl and Southern
Texas, and boll weevil .?ir? reported this
week from n number nf additional coun?
Uon in tli.it Slate.
The week has been very favorable for
transplanting tobacco, ? ml this work lias
marin rapid progress in Ilio Olilo Valley
nnd Middle Atlantici Stntes, where tlio
bulk of the crop will bo Bet during ilio
present 'planting season.
These Ten Alen Represent
Southeastern Tariff Ass'n
In Insurance Matters.
The Committee of Ten, provided for
by the Southeastern. Tariff Association,
to have Jurisdiction over tho Insurance
matters In Virginia, subject to tho ap?
proval of the Executive Committee pf
thu association, imve been announced, ?s
fOllOWSi M. Q, Seiden, of Ihe North Bril?
ls h -& ?Mercantile; J. ?. MIddleton. qf tlit?
Aetna; L. it. Warroii, of thu rhoeiilx or
London; R. E. Johnston, of the Ylreliilji
l.-|ro ? Marino; Roheit l.ecky, Jr., of the
Virginia State, which fivo com paill?e are
represented In the ltical agency of Wil?
liamson Tullo)? & Ga; John W. Uordon.
of tlio lliinilitirg-Hioiiu?!! nml London As?
Hiirance; John S. Quidam I Ut, ut' tin? lliin
foril, repi'eeenlad here in tlie locnl ugency
ni' L'ha pill A- lluine: Jordan B, Thomas, Of
tin New York Wndoiwiltcis, locally rcp
??sented In the offlpe of ?'. U ????-ioihI *.?
Son; Wllllnm HUiir. of the Loii.1,.11 i
I.tiiionslili o, represen teil, boro lu tho otllee
O? Julius Straus <fc Sun; ?. II. Andrews,
of the Hun of ?London, which company
recently withdrew from I'li'limoiitl, nnd
?ire not represented ?it this point. ? Mr,
? ? PasoriaU, of the Home of New
York, who 1? ex ot?elo chairmen of the
coiiiiiiiiU'?', it. rcj e tie 11 ted lu vue local
agency of <J, 6. Creusliaw*
E. W. TRAFFORD,
ELECTRICAL & MECHANICAL
Electrlo Lighting, Electrlo Rail?
ways, Power Transmission.
Chamber of Commerce Building, '
1111 E. Main St..
Richmond City Bonds, . *
WYNDHAM BOLLINO &. BRO..
'Phono 412. 1018 East Main,
OLD STORY CRO?T
UP ANOTHER TIME
Dead Man Identified as John
Wilkes Booth, the Slayer
of President Lincoln.
(Ily A??ociated Preaa.*)
BT. LOUIS, June 2.?A special to the*
Globe-Democrat from Iinld. Oklahoma? ,
says Junlus Brutus Booth, the actor an?v
nepliew of John Wllkes Booth, tlie assas?? '
sin of President Lincoln, has fully Iden?
tilled the remains of the man known in
Lavili T. G-Jorga as his uncle, ('eorge,
or Booth, committed suicido here January.
1-ltli last, and In his offerts was found
a letter dlreoted to 1C. L. Bates, of Metili
I'lils, Tenu. Mr. Bates came here a?
once and fully Identified the body ??
John Wllkes Booth. He then went Bast
and has obtained positive Identification)
nf the romains from tho dead man'*s
nephew nnd from Joseph Jefferson, Misa'
I'lara Morris, and a score of others wha'
knew him in his earlier days.
According to Mr. Bates' story, he had
anted as Booth's confidential ngent arid
attorney for nearly forty years, After,
Lincoln wns shot the assassin escaped ta
tin? Onrrett plantation In Vlrglr'.a. Ac??
cording to Bates, tho man who was klllee'l
was ivimed Rudely. Betntr warned, Booth
left Gnrrett's and was taken cara of hyj
friends In Central Kentucky. He settle?!
at Olenroso Mills. Texas, where he con?;
ducted a store for several years as Johtt
Via Chesapeake nnd Ohio Ry. The
Season of ?T03.
FnBlilon's laws require the? 400 to fir?!
ko to the- seaside and afterwards to thn
mountains. Virginia has on Us seacoast,
ic-ae?hod by tlie Chesapeake and Ohio Rail?
way, several delightful seaside resorts??
notably, Old rolnt. Ruekroo Beach and
Ocean View?at which the hotels are cora?
forlnble, hnlliliiH t-afo and Invigorating,
i-Mes reasonable, with other attraction*!
in make one glad and healthy. .
After a Virginia, .?eiislde, then to 0111
uf Virginia's mountnin resorts, or team.,
mer iimnct?, on ilio Chesapeake and Ohio
.Summer rates are now In effect. De?
Bcrlptlvo booklets and folder? can be ob-.
tallied ?t the Chesapeake und Ohio pas?
senger offlpe, No, 8)5 Kast Main t?treet,
Richmond, va. '
HALF RATETO INDIANAPOLIS,IND
Via Chesapeake and Ohio Railway.
For the nnnual mealing Traveler's Pro?
tei'tlve Association at indiana polla, Ind.,?
Jini.? 9th to ltth, Hie Chesapeake and Ohlq
will sell lleikola to Indianapolis, Ind., and
return at one faro for the round trtpj
which rute fremi Richmond, Va., Is fU.30|
Tickets on suie June 8th, It Ii and- luth,
with linai limit Juno 18th. Two fast trainrj
"with unexce^Vfil 3em'!ca,
GRAt?' .NOAMTMENT. I.O. O. F.
rnond, Va., June S, 1903.
Fc. above occasion ? lie* Souther
Ratini. announces four cents p?r mil
ene iva'y distance f?.-" file round trip 1
Richmond end re I urn .Tickets, on e?l
June 7th, m!i und .ih, with r-jiyrn limi