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Show BUSINESS RESUMED il LONDON MARKETS Firmness Develops in Roth Home and Foreign Markets. . -f- SILVER. - -f New York cWc COPPER. New York exchange .... $18.7519.00 LEAD, New Y"ork exchange ...... $5.7&So.S5 -f ttttrttttttt NEW YORK, June 5. Tho London metal met-al murket was opened again today following follow-ing tno holiday. Tin ci06ed aoout 1 ioa slower at il7a m for spot, and 177 35s lor zutures. Locally tno uiarkei was easy in keeping with me declines abroad, vitn spot quoted at WS.OOfcb'J.o. Copper was hlgner In tne London market mar-ket with spot quoted at S3 15s and futures fu-tures UH Ion. Locally copper was llrm, with lake quoted at JlS.io'a'lU.OO; electrolytic electro-lytic at $iS.aP4'ls.75; casting, lS,') Letid was quiet and unchanged In both markets, closing at 1G 17a 6a In London and at $5.7&i6.Ua in tno local market. Spelter was unohanged at 27 12s Cd In London. Locally the market waa llrm with spot quoted at $5.95ljC.05. Iron was a little higher. clQHlng at 49s Sd for Standard foundry and at 49s lO-d lor Cleveland warrants in tho English market. Locally Iron was unchanged. No. 1 foundry Northern ia quoted at $18.7&G ID.to; No. 2 foundry Northern -and No. 1 foundry Southern at 51S.25aiS.5Q; No. 2 foundry Southern at $17,7&giS.CO. Hutton & Co.'s Stock Letter. Hutton and Co. say: "Further profits were made in tne bull market, which is getting well under way. Buying of the Dost cnaracter was seen in many of the representative issues and an accumulation accumula-tion In many specialties was in evidence by strong pools, who have recelvod intimation inti-mation lrom bankers that conditions are favorable for bullish activity. Prohablv the strongest Incentive to bull stocks tho coming summow Is the favorablo condition condi-tion of all growing crops. With tho present railway earnings and another year of moderately good crops, expansion of wealth In this country -will be phenomenal phenom-enal and materially hlghor prices will bo sotn. These events will havo a strong effect ef-fect on sentiment abroad, whero ouf bonds are belns favorably looked upon, and it Is said that in another year Europo will bo a heavy holder o Amorl-can Amorl-can securities. We look for a resumption of buying movement by tomorrow forenoon." fore-noon." New York Stock Letters. James A. Pollock & Co., bankers and brokers, G West Second South street, ro-colved ro-colved the rollowlng stock market letters let-ters from their Now York correspondents, over their private wlro, yesterday afternoon: after-noon: Logan & Bryan say: "Tho market closed irregular. Tho recent favorites, such as St. Paul, Colorado Fuol and Union Pacific, suffered from prollt-taking. especially In Colorado Fuel & Iron. In tho others, Smelter stocks were strong, although they did not retain their full advance The action of tho morkot continues con-tinues to bear out our recent writings It is a scalping market. Would buy on tho setbacks." New York Money. NEW YORK. Juno C Prime mercantile paper mGYx per cent. Sterling exchange, caster, at $1.S5.Wtr 4.S5.G5 for demand and at J4.S2.40IRS2.-I5 for sixty days; posted ratas. S4.S3 and $4.S6V; commercial bills. $t.82M,i?4.S2vi. Bar silver, &5c; Moxlcan dollarn. 5lc. Governmont bonds, steadv: railroads, steady. Money on call, easy, 33 por cent; ruling rate, 34 per cent; closing bid, 3 por cent; offered at 3Vi por cent. Time lonns, easier on short dates; Blxty days. 4ft4yt por cent; nlnetv days, 4T4M: per cent; six months. 4Mi'QO& per cent. Treasury Balances. WASHINGTON. June C. Todnv'a statement state-ment of the treasury balances In tho general gen-eral fund, exclusive of tho 5150,000,000 gold reserve, shows: Available cash balance, 5161,478,075; gold coin and bullion, ?0,&S2,-041; ?0,&S2,-041; gold certificates, 539,545,090. New York Sugnr. NEW YORK, June C. Sugar Raw. firm; fair refining. 2 15-1&32 31-32c; centrifugal centri-fugal 9C test. 3 16-32ig6',c; molasses sugar, 2 11-162 23-32c; retlncd, firm; crushed, 55.30; powdered, 54.70, granulated, 54.C0. Coffee Steady; No. 7, rlo, 71,4c. Sub-Treasury Eeceipts. NEW YORK, June 5. Tho sub-treasury received by telegraph from San Francisco today $1 3O,000 for local banks. |