The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-06-16
DEALINGS IN STOCKS THURSDAY
WE'RE OF A PROFESSIONAL
CHARACTER
TRADERS BOUGHT THE. LIST
Gains at One Time Established
Were Practically All Wiped Out,
and Before the Close Net Losses
Were the RuIe-Sugar Ruled
Above Yesterdays LeveI-FIOwer
Stocks Showed Some Strength.

NEW YORK, June 15.-The public
continued to hold aloof from the stock
market and dealings today were almost
wholly professional. There was the SEM
plance of strength at one time, due to
sympathy with the activity in a small
group of specialties, which were bought
by large interests more OF less identified
with them. Prices of the group were ad-
Vanced and the traders bought the gen.
eral list, causing small advances all
around. But the rise failed absolutely to
invite any outside buying, and the sup
porting tactics were abandoned during
the course Of the day. The listless con-
dition that ensued was such as to in
V1te bear aggression. But the bear party
apparently suffered from the seasonable
iassltude as much as the general public,
and their operations were not pursued
with any vigor or determination. How
ever, the gains at one time established
were practically all wiped cut before the
close. and net losses are the rule, most of
them being restricted to fractions.
Sugar ruled above yesterdays level
rising at one time nearly points, but
closing with net gain of only 1ss. The
Federal Steel stocks, Brooklyn Transit,
Manhattan and Consolidated and Peo-
pies Gas enjoyed their period of
strength. American Smelling stiffened
two points on isolated transaction, the
feel no uneasiness over the strike, and
alleging that 1t came at a good time.
American Car showed losses of 8 and 2.
respectively, for common and preferred
stocks, and P. G. c. & ST. L. moved in
an erratic manner 8 points over yester-
days level.
The belief that the outward gold move
ment is not yet measured added to the
Discrimination to buy stocks. The pre-
liminary trade statements of the treaus-
ury department for May discloses that
the total exports for the fiscal year for
the first time fell below those of last
year at the end of May to something
over Sc, 900, 000 The exports in June of
last year showed a heavy decrease from
those of May, SO that the June exports
for this year, which are running much
nearer to last years level, may bring
the total exports for the fiscal year up
to last years unprecedented figures.
The continued high level of imports
compared with those of last year will
cause a marked diminution in the coun-
try's favorable trade balance for the
fiscal year Wall street Is still puzzled
to decide whether this enormous credit
balance has all been liquidated by the
buying of our own securities from for
eign holders. and the mystery surround
ing the gold movement has added to the
puzzle.
Railroad bonds continue TO snow SYM
pathy with the heavy tendency in stock,
many declines being shown on the days
business. Total sales, par value, $2,619,-
OOO United States old As, coupon, ad-
vanced u in the bid price.
STOCKS.
Furnished by Charles H. F. Smith
Co, members of the New York stock ex-
change, Pioneer Press building, who have
special wires to Chicago and New YORK
Closing prices are bid: