St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-07-27

and firm. The railway bond market has been
unusually dull to-day, the total sales being
only 81, 500, of which West Shore con-
tributcd $685. 900 and Erie End coasols $685.
600, leaving only $6l6,0O0 for other issues. In
sympathy with the stock market prices gen.
orally have been weak. There was further
decided weakness developed IN the stock
market to-day, especially in the foreign mar
kets. The break was led by Union Pacific,
which sold down from 50 TO 1875
before midday, within large trading. The de-
clines on the rest fhe list were for smaller
amounts, but the Whole market was weak and
irregular. The break was accompanied by
active dealings. The sales for the forenoon
amounted TO 10000 shares. After midday
the market became more quiet, and in many
cases there were fractional recoveries, fol-
lowed later by renewed weakness. This rally
was in the Changers and the Vanderbilts,
which was checked, however, a little before
O'Clock, the market closing duh and irreg-
ular, but i'm nearly all cases n little above the
lowest figures of the day. Some idea OF
THE IRREGULARITY
of the market may be obtained by the state
ment that the lowest prices for Union Pacific,
Pacific Mail, New York Central and Lacl1a-
wanna were reached in the forenoon, while
western Union, Missouri Pacific and Louis
Vile n Nashville did not touch their lowest
figure for some time after midday, and North
western, ST. Paul, Lake Shore and Jersey
Central shortly before the close of the board.
BY = o'clock Union Pacific had recovered
nearly per cent, but in the last hour il de-
veloped renewed weakness, selling down
within IS per cent of the lowest quotation OF
the forenoon. Ii rallied with others just at
the close. making the net loss for the
day 25s per cent, with transactions aggre-
eating SO. 760 shares, or over - per cent. Of
the total days business. Conservative OPP
orators who have been bulls for the past three
or four. months do not hesitate 10 say that
the market should have a reaction of as much
rs III per cent before il is Il safe purchase
again, and they are predicting 40 for Union
Pacific. 40 for st. Paul, So for Lake Shore. So
Tor New York Central and so for western
Union. So far as the street is concerned. the
condition has entirely changed and the feel
ing is n bearish one. The net results of to-
DAY operations is a decline in addition tothe
stocks mentioned of x in Western Union and
81. Paul, Ia IN Reading. IL in Lake Shore
western Union, so far as the street is con-
cerned. the condition has entirely changed
and the feeling is
A BEARIsH ONE.
The net result of to-day's operations is
decline, in addition TO the stocks mentioned,
of l1s in Western Union and st. Paul, IL in
Reading, IL in Lake Shore, Michigan Central
and Jersey Central, and per cent. in North
western and Louisville & Nashville New
York Central is down only y and Lackawanna
=. while Chicago, Burlington q Quincy is up
There was again the same effort 10 break
Reading by selling it in twenty-share lots.
The most important changes, comparing
prices this evening with week ago, are
declines of rs per cent. in Union Pacific, in
Missouri Pacific, 29E in Pacific Mail, Us in
Lake Shore, IL IN Western Union and in
Lackawanna, while Jersey Central is up 33s,
Manitoba 33s, Michigan Central 2A and
Omaha preferred 214. The sales for the
week were 2,31l, 4S4 shares, the largest on
record for many months, exceeding by few
thousand shares the business of last week.
which was unususlly large. OF this weeks
business seven stocks, Union Pacifc.St. Paul.
Lake Shore, Lackawanna, Western Union,
Northwestern and New York Central contrib
ted 100000 shares.
The total sales to-day were 351,ss5 shares,
including Delaware, Lackawanna & Western
1900 shares, Kansas & Texas ii $50, Lake
Shore 81, lis, Louisville & Nashville 1880,
Missouri Pacific $500, Northwestern Il, $50,
New J Rsey Central 400. New York Central
1920, Pacific Mail. 1860, st. Paul 90, 725,
Union Pacific ID, 200, Western Union 81, 450,
Oregon Transcontinental 1910.
QUOTATIONS. or STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding DAYS: