St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-06-20
New York.

New YORK, June 19.-Clearings, Sl21,-
050.260; balances, S4,643,646. Money on
call easy at 2@9l2 per cent; last loan per
cent, closed offered at 2 per cent: Prime ilae
bills, and 81 sSs4 for demand. The stock
market to, day was more active, but became
weak, especially in the afternoon, ana
prices to- night are, with but few exceptions,
materially lower than those Of last evening;
There was good deal of bullish talk heard
to-day but there seemed from the opening
no disposition to buy stocks, ana commas
sion people reported q marked absence OF
buying orders, and this encouraged attacks
the influence of further discouraglng
rumors in regard TO the roads in the inter,
state association, suffered most severely. The
coal stocks were specially strong all the fore
noon. but they also yielded later Ill the DAY;
and finally material declines were established
in all of them. The Oregon shares were the
only group maintaining their firm tone. and
they even scored further final advances. In
addition there was no lack OF adVlces OF
damage to the growing crops, and there was
fresh statement from President Miller in
regard to the charges Of the Alton against
the st. Paul, while new rumors of the issue
of a blanket mortgage on the st. Paul, New
England and Atchison were prominent all
evidence of manipulation, which, how,
ever, failed to hold them up toward
the close Opening prices were extremely
irregular this morning. and the same lrregu-
larity was noticed in the early trading, ana
while the Oregon stocks and New England
made material advances, Lackawanna ana
others were quite weak The general list
showed very little feature until noon, though
the coal stocks developed marked strength,
and the others sympathized to limited eX-
tent in the improvement Dizziness became
the most prominent feature, however, except
for few of the leading shares, ana the
movements were small and insignificant.
Toward noon the pressure to sell became
most pronounced, and New England and st.
Paul led Off in the decline, but the re-
mainder soon joined in, and before de-
livery hour material losses had been
scored all over the list. At
p. M. there was some little reaction. but
the downward course of prices was resumed
in the last hour, and after another slight rally
the market closed fairly active and weak at
about the lowest prices of the day. There
were about 10000 shares traded in the I'M
listed department. Oregon Navigation
scored rise of IA per cent. and Toledo,
Ann Arbor a. North Michigan L; but South
ern Pacific is down 3s4, Burlington So, Del
aware " Hudson and ST. Paul "A each, Rock
Island ,, Union Pacific LIS, and New Eng
land per cent. Railroad bonds were quiet
to-day, and did not sympathize with the
weakness in stocks, though there were some
marked losses established in the list The
general tone of the dealings was strong, how
ever, and most issues are higher tonight.
There was, however, very little special feat
ure to the dealings. The sales of all issues
reached ST., 49,, 900, of which Atlantic d Pa
cific Is contributed $4,000, and Reading
second incomes, Sl31 900. Erie thirds rose
2 to 1l3: Ohio Il Mississippi fives 3ls to 50 rs ;
Fort Wayne seconds, 2l2 to 147l2, and Wheel
ing d Lake Erie firsts, 3 to 1852. Hooking
Valley skies lost at Sc. Government bonds
have been dull and steady. State bonds have
been entirely neglected. The total sales OF
stocks to-day were 300, 9S6 shares including:
Western. 26,42S; Louisville & Nashville,
4,O45; Northwestern, 1910; Northern Pa
cific preferred, 7.16O; Oregon Transconti-
mental, 6,495; Reading, 53,4O0; st: Paul,
29.797; Union Pacific, l6,475: Western
Union. 3.O12