St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-06-07

points. The Rockefeller party was said to be
dumping long st. Paul stock, as the coming
report of earnings for the first half of the
year will not make good showing. New
York Central was being purchased
quite freely at SO. The market
continued dull and uninteresting right up
to the finish. There was no pressure of
stocks and prices as general thing are
really fractionally better than they closed
twenty-four hours ago. The bears say that
DeTaware & Lackawana will collapse be-
fore long and that will give the balance a
good shaking up. Lower prices will then
prevail and more activity will be the result.
NEW YORK, June Elm government bonds
the IS were a shade lower and the currency
6s per cent. lower. The market was quiet
and otherwise unchanged. State bonds were
dull and steady, while the railway bond mar
ket has been less active to-day. The decrease
In the bushes is largely due to material
decline in the amount of trading in the Erie
I'd, consols and West Shore lists, the sales or
the former being only $lSl 900, and the west
Shore lists $27S, 600, while the total transac-
tons in all issues were 81, 104, 600. Prices
this evening are generally higher. The total
sales for the week have been usually large,
amounting to $9,1S8.000. The stock
market has been extremely dull all day, bar
ring little business done in the morning.
The total transactions were only SO, 7S2 shares,
which was the smallest for any day this year,
ana with two exceptions the sales OF no one
stock amounted to as much as 5000 shares.
Lackawanna contributed little over lS,IOO,
and Union Pacific 10000 shares Prices at
the opening were firm, and in the early trad
ing there was slight advance, followed Dy a
moderate reaction in which the
EARLY GAINS WERE LOST.
From II o'clock until the close the market
was strong, with an upward tendency, but
only slight advances. The extreme fiuctua-
tons in all the active stocks were less than l
per cent, and the final prices are generally
not far from the best figures of the day.
Oregon Railway Navigation was an eXcep-
ton, declining rs per cent. The bulls claim
that there is Il very heavy short interest i'll
the market, and that the bears have been
disappointed by their inability to break
prices to greater extent than has been
realized. The bears, on the other hand, cite
to-day's market as conclusive evidence of the
correctness of their claims that the public is
not buying stocks at present quotations and
u further decline must take place before an
active market can be looked for. Comparing
prices this evening with closing prices last
week the changes are unimpOrtant, in most
cases less than l per cent. and
about equally divided between adj
vances and declines. The drop, how
ever, in Oregon Railway & Navigation,
causes a net decline for the week in
that stock of 33s per cent, The next
next greatest decline is in Pacific
Mail, 15s, while st. Paul is 1ss lower. The to-
tai sales were only 900 shares, an increase
over the five days last week Of $4,000 shares.
The total sales of stock to-day were SO, 792
shares, including Delaware, Lackawanna
Western, rs, $50; Kansas & Texas, 3,110;
Northwestern, 5, $780, New York Central, 5, LIS;
Pacific Mail, 5,345; ST. Paul, 1850; Union
Pacific, 10000; Western Union, 4,475. -
QUOTATIONS OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding days: