OCR Text |
Show JBbck Market Run a1 by Professionals $pMces of Securities Moved Upward; ijK Number of Shorts Were Driv-:55sJ Driv-:55sJ en to Cover. f jH-Hn ew YORK. June 10. Prices of stocks r W movci upward today rather moro vHjQ decidedly and comprehensively 'f ' than In any of the movements that 4?iiKfivo developed during tlio week. The C TiMnovcmcr.t was rather obviously in pro-fesfllonal pro-fesfllonal hands, but the operations of tho were of a volume and of a concerted phoractcr, which made the Impression that Mi,.y WCro In skilled hands and backed by jfilcsources that promised greater effects "han tho tentative and timid operations to att iJKfhlch tho recent market has been re- o&MStrlcted. The movement seemed to be tlKhe result of crystallzed sentiment which ha8 been forming for several dnys of u Snore cheering kind over tho general busl-3 busl-3 (Eiess outlook. M Mrnovement was effective In driving In I R-K-orne shorts who have not been Impressed 4 lUJVwith the smaller movements, and their fcylng to cover was a factor In extondlng ho advanco It was the common opinion nw? Biat the buying was based largely on tho ltk, Mwpectation of a favorablo report by tho ilrtiJJigrlculturftl department on the condition ,-vjfctin? grain crops on Juno 1. The report Jta"01 published until after tho closing i" ' Jtfcf ihe market, and Its actual tenor Is no ?Jmfjarantee of what movement of stock MfHces may follow, however closely that nor mav conform to tho expectation of Hose who bought stocks. The test of tho 'Bcarket will be Its ability to absorb the ,vKtocks thus bought when tho effort Is jHmado to take profits on them. 3r Bonds were well taken on a rising scale. ftTotal sales, par valuo, $2,410,000. United -'States 2s advanced 'i and the old 4s de-;'BcIlned de-;'BcIlned H Pr cent on call. hT NEW york BOND LIST. '5luJ S rcf 2s reg ..lOIVi Man con g 4s ..103?j Cdupon 105VS Mca. Cent 4s .... 62 i'BlI S 3s reg lCG?i 1st Inc 12 g Coupon . . ..lOJVr Minn & St L -Is.. 96 lU S n 4s reg ...132- Mo K &. T -Is .... DS Coupon 132& 2s 77 U S old 4b reg ..1(W Nat R R of Mex IT Coupon ... 107 con 4s 74 fAtchlson gen 4s. 301 NY C gen 3&s ..100 to adjst 4s 91 N J C gen 5s ...131 Atlantic C L 4s. 95 Nor Pac 4s ....104?s B & O 4s 101i. 3s 73 fr3s S5i Norf W c 4s.. Wi C of Georgia 5s .100 O S L 4s & P .. 95?; if- 1st Inc 73 Penn con 3Vs .. 9 C. & O 4Vs .. 104 Reading gen 4s. 100; Chic &. A 3&s ... 79 St L & I M c 5s. 114 iC B & Q n 4s .. 05 St L & S F fg 4s. 82 f. M & St P p 4S.109H StLS W Is .... 93 & N W c 7s 1C75, Seaboard A L 4s 70& C B I & P 4s ... C9 So Pac 4s 91 p col 5s 7ST& So Ry 5s 116 C,CC&SLg4s. WiA Tex & Pac 1b ..116 Chic Term 4s .. 73, T StL & W 4s.. 70. Con Tob Is 61i U P 4s 1054 Colo & So 4s .. S2i conv 4s 93 'D & R G 4s .... 994 U S Steel 2nd Cs 74 'Erie v lien 4s .. 994 Wabash Is lie 2gcn 4s S5i Deb B 63 P W & D C Is ..104. W fc L E 4s .... 89 Hock Val 114s ..107 Wis Cent Is .... 90 li N unl 43 ..101Cnlo P & 1 c Cs. G9& f CLOSING STOCKS. K , Sales. High. Low. Close. 'Atcnison ; 20.S00 71 7014 707-, Itpreferred EOO 94 94fc, 3'& 0 4, SCO 79 79 Vlk r.preferi-cd 90iA Conadlin Pas ... 1,200 118 llSft USi Ccnln" fNJ 200 161 101 1C0M, PP v. p SCO SOTf, 30 20 Chl.i&A S00 SSM: SS 37l'a rpref rned sou )C ;V 400 ICS 167 1G7& SWjiM & S P 16,600 1425s 14H1 1424 ,-5Qil T & T 100 6,G fii& r. B prtferred .... 341 i? ccc&s GS ! iColo South 100 15 15 15 f' l ist preferred 451 2nd preferred .... 100 19 19 19 f Delaware & Hud... C.100 155 154 155 ?5 V 1M 272 269V6 271 preferred 200 &j 09 63U 5.70-3 21. 24 21 2 1st preferred 1,500 5Si 5S 5S 1 Hocking Valley .... 1(0 61 61 64 preferred gou Jllllnols Cen 300 330 130" 1291 JowftCen 100 1C 16?! ic -preferred , 100 32 32 33 ,K C Southern 19H ;TPrCrred 38 3S & 6,400 109V1 10S 309 Manhattan L 2,400 141 3H 344i v&'l-: liS 11111 pgr?ea8f.a!.:::.: 6r ,JJIIfPourI Pac 4,700 W.Z 91 J" il & T la' preferred " Aat ilex prcf ;" 35 fSa!.::::: 35 f ,OntarIo & W s.100 liii "i'L (PermBylVanIa SSOO 115vf llli? 3j1'6 o a & S li , ... cij Mrt'ft 51,300 ?i 47 Iftock Island Co 3,300 21 4 "0 21i -Preferred .. 'aw cT g2 64 L & s w 100 niZ ng SR;lhcrn Rail 3,100 20-4 30 2k Unlon Pac 21.900 ' 85 RU' ?ri !as CW 16 3C?l KS.:::""' 2,2W 3 Sif ::.::::: 3 Express Cos- ' 3 ms ,3 BpSltedast t BVM"slfarne0ous-203 W5ai cPPer ...r 9,400 4&H -lSfl m Jm?. 9ar & lround... 2C0 17A 171" 371? preferred . l 71 A 7- iA? Am Cotton Oil .. 100 "7 4 l. Preferred . ' K?4fSSy!!: 1M w & Ara Linseed Oil .!" !"! oSf? Bi.A? Locomotlvo .... 200 19?A 19W w? Mff5d"::::::::: S 8S SS KSan.K-:: 3! coWil?? o'S &: ? WConsolldatcd Gas'". C00 1M 1S9U S ip:;; 1 1 11 3 fefpaF""-"-'-'-''' - i Kropie's'G'as !!"!!' voA xii: S,, RSSMT c" " 'I & f it - t U S Rubber f... 200 16 16 10 preferred 200 6H4 65 65 U S Steel 1,100 9 9 0l preferred 14,400 &U W-'-i WcstlnghoUHO .. .... 1,400 157U, 155 155- Western Union 400 S7 67 sill ffo.tal sales. 82L2W EUarcu, ' |