St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-06-22
FINANCIAL
New York.

. NEW YORK, June Ill Share. spec.
ulation was dull again today. the vol
ume of business being lighter even than
Oil yesterday. The trend Of prices was
generally downward. In Sugar, which
was most active of the list.the trading,
was languid except at intervals. when
the bears made small demonstration.
After an advance of in the opening
dealings, the shares declined gradually
~ to 9G1s, some small iots of long stock
being brought out by the decline. At the
lower figures purchases to cover short
contracts were made, and a recovery
OF ensuej. leaving loss of on
the day. Chicago Gas was heavy dur
ing the morning and early afternoon on
sales by the room traders who, finding
that there were no supporting orders in
the stock, hammered it down IA, the
raid being accompanied by rumurs that
there was doubt, as to the payment of
. the dividend. tits. however. generally
believed that the regular dividend will
be declared Oh Saturday, and possibly
tomorrow. The final sale was made at
"A recovery Of a from the lower
point touched. Reports of poor
crops in Kansas and Missouri,
caused sales of Missouri Pacific. sending
the stock down ~ and a subsequent
rally of l. The publicationof the Atch-
ison; plan of reorganization does not
sseen to have overioyed the stockhold-
ers. for after a gain of II at the OPEN
ing the shares SaRged OFT on sales of
+ long stock q to 35S. the lowest point yet
+ tuncled. closing DIT a recovery of a.
/ The fact that no light is thrown on the
financial condition OF the company was
remarked upon unfavOTably in the
street. aud the granting Of voting power
to the new income bonds was not looked
upon as an advantage to stockholders.
London was a small buyer of Atchison
in the morning. The gran2erS were
again neglected. the transactions III the
entire group being less than 5000
shares. of which st. Paul took more
than half. Sales Of 100 shares of Denver
U Rio Grande broke the price So with
out any recovery. Wells Fargo lost on
the reduction. in the rate of the semi
annual dividend from "a to 50 per
share. Lake Shore. United States. Cord
age, Guaranteed and Consolidated Gas
are each lower compared with, yester.
days figures, and the. general list shows
uec!iicS IdiIsitiS lTOiD - W a.
In the final dealings the market was
firmer than at any other time during
the day, and closed in fairly good tone.
The market was generally weak during
tue day, but in the late dealings re-
covery was made in some OF the issues
traded in. Colorado Midland tirsts sold
at Tx against 721a seller 20 on May "a.
The other material changes are
Declines-Union Pacific, Denver
& Gulf irsts, 8; ST. Louis d
San Francisco c0nsol Is, 24; :
Oregon Short Line 6S aud
Rock Island frsts. registered, q;
Montana Central is and Galveston, Har-
risburg IL San Antonio lists, II; Rio
Grande firsts, per cent.
Chicago. st. Louis & Pa.
ducah firsts. N; Galveston. Harrisburg
IL San Antonio seconds, and Union Pa
citic sinking fund IS, 9; United States
Cordage firsts and People'siGas seconds.
l per cent.
The Total Sales OF stocks
today were lob. 1870 shares. including:
Atchison, 9.4uO: American Sugar. 3D.
800; Chicago Gas. Is. 400; Distiifing and
Cattle Feeding, 4.SOO; General Electric,
5000; Missouri Pacific. 10.7O0; st. Paul,
500; Union Pacific $500.