St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-04-20
PORK LOST, HOG FEED GAINED.
Corn and Hog Product Engaged the Attention of Trad
Chicago Change Yes
terday.
THE GREASY STUFF SLID DOWN KERPLUNK
Porcne Fattener Bulged Nearly Two Cents Wheat Lost
One--Small Trading at New York.

NEW YORK, April 19.-The stock market
exhibited a decreasing volume Of business
today, and though there was heavy trading
in the first hour the operations were again
restricted later in The day to very ordinary
proportions The coal stocks were the only
ones which yielded 10 any marked extent
though a decline Of / per cent inc otton o !
occurred which was afterward fully reeOy-
cred. The trading In Reading was still
heavy, but the Others. while not particularly
active. kept pace with IL IN It's decline. The
fever.shuess and weakness in the market
hardly outlasted the forenoon. when there
was the usual material decrease III the vol
ume OF business and a corresponding de-
srease IN the pressure OF short stocks upon
the market, which was accompanied By the
usua! fractional rally In prices.
Western Union continued 10 be the special
strong point in the list. IL feels none of the
influence Of the adverse aspects OF the specu-
latiye situation. and its price rises slowly bur
steady under the buying. There we're a few
| other strong points in the list but they failed
/ 10 score any material improvement and their
! advances failed 10 outlast the final attack Of
| the bears or resist the depressing influence OF
the steady selling OF the coal stocks and the
material losses in those shares near the close.
The transactions in Reading. which were not
50 oYershadOwing as usual Of late, In the
forenoon assumed even greater proportion
tnan for some time in the late tracing, and
over One-haEf the recorded transactions are
again in that one stock.
Tine selling was felt in an extreme decline
OF 3 per cent from It's best price, the others
following. and the decline served 10 cheek
the buliish feeling in the rest OF the list
which had such steady growth during the
last week The general list. however, fiuc
Iuated within narrow limits and only the
grangers were affected 10 any marked ex-
tent. The market finally ciOsed active and
heavy. though rallying at the time. with
prices generally al close TO the lowe Il and In
most cases fractionaiiy lower than those of
the opening The final declines OF moment
comprise Reading per cent; Jersey Cen
trail. "a: LackawanuR' ana Delaware d
Hudson, each ,; Erie. IL Rock Island, lis,
and Distiliers Ontario & Western aud New
York Central. each per cent
The Post says: Saturday Wall street be-
lieYed. almost to a man. that the Londoners
were merely awaiting todays opening 10
seize the stock mafKeL and carry II fairly out
OF reach. Bat London has begun &c take its
old lessons 10 heart and the amazing spec
tacle has twice been witnessed this year OF
the Eng!ishmen catching the top wave OF
Wall street boom. and unloading at the high
est prices OF the session on the very shout
ders of the Wall street professionals.
Prices at todays opening were from one TO
TWO points higher than they were when Lon
don bought Thursday. Consequently Lon
don took its profits tins morning, ana sold
from twenty to thirty thousand shares of
stock Our market opened shade lower,
and declined AT once on London's sales and
the sales OF disappointed traders. who h I'd
bought in anticipation of the London" boom.
The market was neither collapsed nor de
moralized; il merely suffered natural re-
action.