St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-07-26

and firm. The railway bond market has been
unusually duh to-day, the total sales being
only 81, 5o0. 500, of which West Shore con-
trlbutcd $606,00 and Erie End consols $685.
600, leaving only S616, 900 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 so to 465S
before midday, with large trading. The de-
clines on the rest of the 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
3 O'Clock, the market closing dull and irreg-
ular, but in nearly all cases 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 Lacka-
wanna were reached in the forenoon, while
Western Union, Missouri Pacific and Louis
Vile Il 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 it de-
veloped renewed weakness, selling down
within = per cent of the lowest quotation OF
the forenoon. 1t rallied with others Just at
the close. making the net loss for the
day Zts per cent, with transactions aggre-
eating 80, $50 shares, or over % per cent. of
the total days business. Conservative op-
orators who have been bulls for the past three
or four months do not hesitate to say that
the market should have reaction of as much
as 10 per cent. before il is a safe purchase
again, and they are predicting 20 for Union
Paclnc, 20 Tor ST. Paul, 80 for Lake Shore, SO
for New York Central and 60 for Western
Union. So far as the street is concerned, the
condition has entirely changed and the feel
ing is be0rish one. The net results of to-
days operations is decline in addition tothe
stocks mentioned of Is in Western Union and
st. Paul, ! = 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
BEARIsH ONE.
The net result of to-day's operations is a
decline, in addition TO the stocks mentioned,
of y in Western Union and st. Paul. IL in
Reading, l5S in Lake Shore, Michigan Central
and Jersey Central, and per cent. in North
western and Louisville d Nashville. New
York Central is down only y and Lac kawanna
Is, while Chicago, Burlington * Quincy is up
L per cent, the only important advance.
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 a week ago, are
dc clines of rs per cent. in Union Pacific, in
Missouri Pacific, 2ss in Pacific Mail, rs in
Lake Shore, IL IN Western Union and in
Lackawanna, while Jersey Central is up 33s,
Manitoba $50, Michigan Central 2s4 and
Omaha preferred 21{. The sales for the
week were Psi, 4S4 shares, the largest on
record for many months, exceeding 10y few
thousand shares the business of last week.
which was unususlly large. OF this weeks
business seven stocks, Union Pacific, st. Paul,
Lake Shore, Lackawanna, Western Union,
Northwestern and New York Central contrib
ted LOCO, 600 shares.
The total sales to-day were 551,ss5 shares,
including Delaware, Lackawanna & Western
1900 shares, Kansas g. Texas IL $50, Lake
Shore b. lis, Louisville & Nashville 1880,
Missouri Pacific $500, Northwestern IL, $50,
New Jersey Central 1900, New York Central
1920, Pacific Mail l0.6S0. st. Paul 65, 725,
Union Pacific 10, 760, Western Union 81, $50,
Oregon Transcontinental 1910.
QUOTATIONS. OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding DAYS: