The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-11-14
MARKET SUCCESSFULLY RAIDED
BY THE sOLD-OUT BULL IN
TEREST.
SHARP FRACTIONS LOS
WEAKLY HELD SHARES DROWNED
OUT ny THE WEI14-ENGI-
NEERED SLUMP.
BOND MARKET LACKED FEATURES
Aside From Some of the Usually In
active Issues Which INDUCED
i'm Wide Fluctuations.

NEW YORK. Now. 13-The stock market
was weak and feverish today on an increased
volume OF business, which was even better
distributed than usual recently, the indus
trials figuring for about one-third of the
dealings and developing considerable ANNA
ton. Sugar led the entire market in point
of activity and scored the extreme decline of
3 per cent. The depression in this stock was
attributed to insiders, who until recently,
had been conspicuous in buling the general
market and was attended by suggestions that
the company would probably be the special
target in the next session Of congress The
course Of the general market was dominated
by the powerful sold-out interest which, net
tied by their recent Indifferent success in
Erecting a really important reaction, today
returned to the onslaught with redoubled en-
ergy and succeeded fairly well in shaking
out weakly held stocks. The slump was en-
gineered on revamped Cuban war scare. A
feature of the speculation was the prominence
Of hitherto neglected stocks. The market
opened strong and higher, and during the
greater part Of the first hour prices moved
upward, partly under the influence of a
change of front to the bull side on the part of
London. Manipulation in the specialties also
strengthened the market. The Cordage
shares were actively traded in. Important
gains were scored in other properties. Shortly
DeIoTe IL CLOCK, however, the speculative
movement changed completely on the influ-
ences above referred to. Spirits preferred
dropped "A, the extreme decline in the, I'M
usually inactive shares; Sugar and other
leading shares 1@2 per cent. The selling move
ment halted about midday and the market
became very dull although some recoVeries
were made. In the last hour aggressive tao
tics were resumed and prices fell to near
the lowest points. Final prices showed sharp
fractional net losses in the speculative lead
ers- The bond market lacked feature aside
from some wide movements in the inactive
issues, which continue to exhibit strength.
st. Louis & San Francisco tours, trust re-
ceipts, advanced per cent to go and Bal
tinore Belt f1rsts guaranteed jumped to 80,
after an early loss of Ia to 1914. The gen
eral list displayed an easier tendency toward
the close on free sales of the speculative
issues. The sales were 81, 604, 900. Govern
ments were neglected, but generally firm on
sales of $4,000. State issues were firm on
fened slightly on sales of $40 900.
The total sales of stocks today were $40 O3s
shares, including: Tobacco, 1880; Atchison,
$500; Sugar, &c. 100; Burlington, 18 700; Chi
cago Gas, 5000; General Electric, 470O l.. G.
~, 5000; Manhattan, 1890; Northern Pacific,
$1,000; Northern Pacific preferred, 10000;
Reading Is, 400; Rock Island, IL 100; St Paul.
q. 800; Tennessee Coal, 5,4O0; Union Pacifi C,
1900; Western Union, s 100 Southern pre-
ferred, $500; w. & L. E.. $780, Cordage 49,
100; Cordage preferred, 3,100; Cordage guar
anteed, $500; Silver Certificates 20, 900.
The following were the fluctuations of the
leading railway and industrial stocks yester-
day: .