New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-07-09

TIE STOCK MARKET.

Tuesday. july Up III.
To-day was a sort of hquefaction one In us
temperature and humidity, but at the Stock IN
change there little or no liquidation Tor eilher
account The owners Of securities betrayed no
desire 70 ljoujdatc. and the makers Of contracts
the short" sellers-had no market despite their
efforts 10 make one, on which they could liquidae
cvcept by creating boom, and such is not their
purpose They are waiting in dun market
bonnr and praying for some national calamity
70 help them ont Does any one suppose that
the following, sent out early this morning as an
important item, emanated from any one except
q hear whose line of short" contracts is fuli
TO OVERLOOKING?
An operator who has been selling these stocks
says thai it is question OF only snol, UNI ,i,i
this month, when ST. Paul and Union IaGIn ,, WILL
break badly The rest OF the market Will follow
the leadership of these two STOCKS. noIucIs ar
tired anyhow Of paying interest ehargcs ana sSeis
profit on their stocks ht.e br;n Them
10 decision ms 10 what 20 do with their stocks.
Oh. no the outgiving is purely phlianthrop''
effort TO save such poor lambs as the American
and the foreign investors from greater losses le'
the probable author Of this speculative diagram
to-day was trying to recoup these Two seocks ~
that St Paul with sales OF only $500 shares
closed IL higher that last evening, ana Chi"n
Pacific with sales OF only 400 shares, closed -
per cent higher than its opening hgrlcs anu
Is 10 make that little movement IN any one
group downward, after a month OF selling ana
continued absorption by 9I{ S 70 holu' WIZ w
All throue-, the month OF June the professional
bears" of the stock market by free sclilng Oh
contracts. aided by some allies among Laiiw way
managers worked for depression and tirlnR0uu
of holders The result has been S,agna'loil III
speculation but not in investments. trees hanc
declined somewhat from their highest ou' Wnere
will they he when the " short sales which Tor
time over-snpplied the demand and made thc ne
clines arc lecOupcd as they must lac LAKE HhoIri
sold out of long accounts at io1aI VI, loum'
better BUYERS than the seller hence the open
inc of a rate war on dressed meats uoes hou
bring ont free supplies Of the STOCK AZ ~" rA
dividend Of per cent That which IS ,c iC Thcrc
&c dulness but fjrlnness; stocks are nov LOT sac
AT the figures whether the marNct IS uun VI
active. {. may make an encrgeuc, nay :" po"' nr
ri attack ON ore line Of stocks, ana j. one OH
another line Of stocks. Result n FURRY IN hsuIes,
a hosting Of umbrellas and IN hhii-houI ,re
cyclone is and under biazlh9 , Suh ;stnlo
return 10 tier normal condition. ne nls'a NV
PROFESSIONALS are making is their bcllei thaC ths
present is II speculative stock market. !. ~ 10.
and has not hcen specnla1IlNe ml"iN n,.r. ,,v
whole in eighteen months. II there were any
speculative bulls" worthy the name, they wonin
"ryinc the floor" with the " short interest," III
,wcnty-four hours The mills Of inTcs,G1s on Wno
crind more slowly, but none the lesf surely;
The Big Four-Clevelard. Cincinnn'i, onoaa3
and ST. Louis Railway Companyrhas snn ss,'e 81
the terms OF SUBSCRIPTION W " ornmon stocl,
cap\al stock Holders OF fhe eV shnre Of new
na nc, AT 20 for every % shares that stand in
their names at The closing of the books on Js .,oc
thai is eaIh holder Of 700 shares OF present s'ps .r
my take fifteen shares of new Stock a. ~ r. r.,
n nent full paid At present market value me
richts are worth over IS per cent. see a"N''-
tiscment H., l;,. intensely dull
marks final gains with the coal stocks spcci a,
t 1aa,nTes The closing was dull but strong al
best figures.
TIE BOND MARKET
ri, ,rrooeurv nprcb,scd SI5,75O 4 per cent
,Te AZ 1o1 and S3s9.5j0 u per cent" ao
T p03o Al the Stock Exchange there wa. no %
business done in Government bonds, eA ,aI lie q
s"c " ooctc continue 10 be IL per cent higher
than the daily sales TO the Treasury AhheAe'
;. go tho closing quotations: