St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-02-14
LIFELESS MARKET.
Wall Street as Near Dead as it
Possibly Can be.

NEW YORK, Feb. 13-The stock market to-
day except in few spots was as near dead
as possible to be and have business trans
acted at all, but there was an inclination
TO heaviness and prices at the close were
left generally a shade under those of last
evening. The stagnation is the effect prlnci-
pally of the fear that some free coinage
measure will be rushed through by hook or
by crook in the closing hours Of the session.
The possibility OF further orders OF gold for
shipments by to-mOrrows steamer, not to
speak of the changes of the same thing
next week, and exaggerated reports regard
ing Mr.. Gould's health were effectually used
to depress prices The general list to-day
presented as little feature as on any day this
year. Burlington d Quiucy's delay over the
matter Of a dividend is causing some uneasi-
ness to those most interested, and to-day it
was one of the weakest spots in the market.
Louisville was heavy on lower London fig.
ures. and Chicago Gas was sold on rumors Of
liquidation by bull pool in the stock. On
the other hand, the Susquehanna was again
strong the preferred rising materially
The opening was in sympathy with lower
London and under the influence Of gold
to buy their list in the early
trading without much success. The
manipulation in the sugar stocks was in the
direction of lower figures in the forenoon,
and the new common stock was depressed
from 70 to 72 and the receipts from Sc to 1894.
there was q sharp reaction, especially in the
last hour, when these losses were entirely
made up, and the preferred stock sold up to
9S. The general list exhibited no recuper-
alive powers. however, and the close was no
more than steady generally at shade under
last nights prices as rule. In no case is
the final change more than a fraction.
though the advances among the active stocks
are few. The trade in railroad bon DIS
also showed a material falling off both in
the number of issues traded in and the ag-
gregate of the sales which was 81, 1S9. 900.
The market exhibited the same lack Of vital
ity that chara cteriZed the dea lings In shares,
and while heavy tone prevailed the changes
were insignificant in all but few cases.
Losses are most numerous. however. and
Minneapolis Il st. Louis seconds lost to 81.
Government bonds have been dull and
steady. State bonds have been dull and firm.
Petroleum firm. but the market failed to re-
spond to reports of activity in the West,
and the afternoon yielded quarter and
closed dull. Pennsylvania oil, spot open
ing at 79hc; highest, 79Ac; lowest
794c; closing, 791Ac. March option opening
S0Ac; highest, S01Ac; lowest, soc; closing, soc.
Total sales, 14l 900 barrels. The Post says
The general feeling is that if gold Is export
ed it would make money so plenty in London
that there would advance the speculative de
mands for American stocks. If it was moi
for the apprehensions of possible disturbance
to finances here by the passage of some kline
of free coinage measure in congress. but thai
with this contingency still in view the stock
market will remain dull and sagging until
the silver question is settled.