St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-07-14
DULIl Alb THE DAY
STOCKS VERY QUIET AND UNAF-
FECTED BY THE SHIPMENT
OF GOLD.
CHANGERS OPEN ON A DROP.
SPECULATION DURING WEEK
RATHER IRREGULAR, BUT
ACTIVE.
LOWER PRICES PREVAILING.
One Million and Half Shares
SOId-BOnd Market without
Special Feature.
CHANGERS OPEN ON A DROP.


NEW YORK, July 13.-Today's gold
shipment, the first since the govern
ment bond issue, had no effect on the
stock market. The trading was dull
The railway list was neglected, though
the few sales made were a slight con-
cession from last nights closing fig
ures, marked depression was shown
in the industrials and toward the end
of the first hour the grangers and other
railway shares receded sharply The
decline was ~ per cent in Sugar, and
Chicago Gas sold ~; Tennessee Coal,
rs; New England, l, and the grangers,
soy per cent. During the last hour
OF trading the market received some
support, and Sugar advanced 13s; Chi
cago Gas, IA, and the rest of the list a
traction: In the final sales Sugar and
united States Leather were sold freely,
and yielded L per- cent each, but the
market was generally firm at the close.
Inc net results generally disclose
losses, the leaders being Sugar 11k;
New england, l per cent During the
week speculation was moderately act
! i've, but unsettled. The industriaIs
were the leaders, and under heavy bear
pressure developed marked depression
sugar led off in the early opera tons
with an advance of ~ per cent. In
the latter trading, however, a recession
was made of rs per cent to 10S3s The
break was attributed mainly to CLIQUE
manipulation. The final sales were
within fraction of the lower point
ana 51s per cent below last Saturdays
hnal hgures. Disappointment at the
actlon OF the Leather directors in not
considering the question of the regular
dividend on the preferred stock, and
content1ng themselves with declaring
a per cent extra dividend caused
free sales, and the depression in the
property was rendered more pro-
nounced by the circulation of reports
to the effect that additional bonds
would be issued. The common gave
way IA to 157s and the preferred 81
per cent to S41a. This report was
subsequently officially denied, and the
stocks closed at a rally of q and ~
per cent respectively. New England
was IN good request at the outset. a
rise being made of Az per cent to IS
on the Old story that New Haven inter-
ests were actually in control of the
property. On the sale to the reorgan-
lzat1on committee the bears made a
drive and the stock fell 8 per cent to
~. Inc stock closed at 4S1a, a decline
on the week of 224 per cent.
reading was sold heavily on the
probability of a heavy stock assess
ment. The final sales show but slight
changes from the previous weeks clos
ing. 0i0'
me government crop report was re-
garded as favorable, and induced
a NoNSl mig ny tne shorts, which
sent ST Paul and Burlington to the
best figures of the year. Subsequent
realfZat1onS and reports of crop dam
age resulted in liberal selling. The
week closed barely firm, but with prices
generally lower than on last Saturday.
Inc lnterchanges of note not already
mentioned are: Declines-EVansyilI e.
Ierre Haute, 3 per cent; Tobacco and
rubber, 212: Illinois Steel, pa Indiana.
~ dlIlnoiS d Iowa, 2B; Tennessee Coal,
n; Adams Express, 23s, and Distillins
zts per cent. Advances-Canadian Pa
cific, AS per cent; Pullman and Alton
d Terre Haute, 8; Toledo, ST Louis &
Kansas City, %, and Iowa Central pfd
2 per cent The aggregate sales were
LOU, Oo shares, and 1877 stocks were
dealt in.
Speculation in bonds today was de-
void of features, the sales being $422,-
600. Burlington, Cedar Rapids e North
ern 5s declined rs and Wisconsin Cen
tral incomes l, st. Paul Terminal rs
and chicago q Erie incomes improved
L per cent. The trading of the week
was fair in volume. The sales were
IS, 442 900 and 251 bonds were traded in.
The more important gains are: Erie
seconds consols, 81 per cent; Baltimore
d Ohio lists, Parkersburg branch, and
Houston & Texas Central 6s. ); St
Paul. NJ. & NJ, Montana extension is.
AS; Louisville & Nashville trusts. and
do N & A. as, do N. F. & S. lists,
Nickel Plate registered As, 3D. and
Burlington sinking fund 5s, S$4 per cent.
> Oregon Short Line consols are down
Ga, and Atlantic avenue lists 3al per
cent.
TOTAL SALES OF STOCKS
today We're Jos, 300 shrares, including:
Sugar, $4,000; Atchiyon, 2,20O Burling-
ton, $500; Chicago Gas, 5000; Distilling,
$500; Kansas & Topeka pfd, 1900;
Reading, 1890; st. Paul, $500; Tennes-
c q .NfA..