St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-07-15
DULL Alb THE DAY
BTOCE<S VERY QUIET AND UNAF-
FECTED BY THE SHIPMENT
OF GOLD.
STRANGERS OPEN ON A DROP.
SPECULATION DURING WEEK
RATHER IRREGULAR, BUT
ACTIVE.
LOWER PRICES PREVAILING.
One Million and a Half Shares
SeId-BeDa Market Without
Specia. Fenture.

NEW YORK, July 13.-Today's gold
shipment, the first since the govern
ment bond issue, had 10 effect on the
stock market. The trading was dull
The railway list was neglected, though
the few sales made We're a slight con-
cession from last nights closing fig
ures, marked depression was shown
in the indUStriaiS and toward the end
OF the first hour the grangers and other
railway shares receded sharply. The
decline was Ia per cent in Sugar, and
Chicago Gas sold l12; Tennessee Coal,
rs; New England, ], and the gTangeFS,
3su4 per cent. During the last hour.
OF trading the market received some
support and Sugar advanced rs; Chi
cago Gas, IA, and the rest Of the list
fraction. IN the final sales Sugar and
United States Leather Were sold freely,
and yleIueu per cent each, but the
market was generally firm at the close
The net results generally disclose
losses, the leaders being Sugar, rs;
New England, l per cent. During the
week speculation was modera teiy 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 lions
with an advance of IL per cent In
the latter trading, however, a recession
was made of 138 per cent to 1865. The
break was attributed mainly to clique
manipulation. The final sales were
within fraction OF the lower point,
and 0ts per cent below last Saturdays
mai nguleS. DlSap pOIntIEent at the
action of the Leather directors in not
considering the question of the regular
dividend on the preferred stock and
contenting themselves with declaring
per cent extra dividend caused
Tree sales, and the depression in the
property was rendered more pro-
nourced by the circulation of reports
TO the effect that additional bonds
would be issued. The common gave
way "A to los and the preferred 912
per cent to S412. This report was
subsequently officially denied, and the
stocks closed at rally Of 81 and ia
per cent respectively. New England
was in good request at the outset, a
rise being made of 434 per cent to 56
on the old story that New Haven inter-
eStS were actually in control OF the
property. On the sale to the reorgan-
lzation committee the bears made a
Drive and the stock fell Q per cent to
q. Inc stock closed at 1872, a decline
on the week Of "a 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.
garded as favorable. and induced
brisk covering by the shorts, which
sent St. Paul and Burlington to the
best hgureS CT the year. Subsequent
fealiZatlons and reports of crop DAM
age resulted in liberal selling The
week closed barely firm, but with prices
generally lower than on last Saturday.
The interchanges OF note not already
mentioned are: Declinas-Evansville &.
.Terre Haute. 3 per cent: Tobacco and
Rubber, 2la; Illinois Steel 234 Indiana.
Illinois &, Iowa, 21s; Tennessee Coal.
~; Adams Express, 2$s and Distillini.
rs per cent MISUNDERSTANDING Pa
cit1c, AS per cent; Pullman and Alton
q Ierre Itaute, ); Toledo, st. Louis &
Kansas CITY, "a, and Iowa Central pfd
per cent. The aggregate sales were
1,50l, 400 shares, and 1871 stocks were
dealt in.
Speculation in bonds today was de-
void of features. the sales being S422-
boo. Burlington, Cedar Rapids & North
ern 5s declined 13s and Wisconsin Cen
trail incomes l, st. Paul Terminal rs
and Chicago & Erie incomes improved
l per cent. The trading of the week
was 1alr IN volume. The sales were
50, t420OO and 81 bonds were traded in
The more important gains are: Erie
seconds consolS. 81 per cent; Baltimore
q Ohio lists. Parkersburg branch, and
Houston & Texas Central 6s, ); st.
Paul. NJ. & NJ. Montana extension Is
AS; Louisville & Nashville trusts, and
do n. d a. is, do n. F. & S. lists
Nickel Plate registered is, 315, and
Burlington sinking fund Is. 334 per cent
Oregon Short Line consols are down
Ga, and Atlantic avenue lists 3A per
cent.
TOTAL SALES OF STOCKS
today were los 800 shrares, including.
Sugar, S4,90O; Atchison, goo: Burling-
ton, $500; Chicago Gas 5000; Distilling,
$500; Kansas & Topeka pfd, / 900:
Reading, 1900; st. Paul, $500: Tonnes
see Coal LOGO; Z. S. Leather, 2,2GO.