The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1885-09-19

New YORK, September ISL. 10 am.
Stocks irregular at opening this morn,
ing, Northwestern, Union Pacific and
Jersey Central each being down g and
Lake Shore u, while Louisville q Nash
vile was up Il, and New York Central,
Lackawanna and st. Paul unchanged.
Early dealings were characterlzed by a
sight movement up, and then down,
laSer back, to prices which we're shade
above che opening figures, the rally
from lowest prices of the morning being
from Il to "a, while coal stocks were
conspicuous for their strength, Jersey
Central advancing Is and Lackawanna
~. There was a fair amount of bust
ness done, but no special feature to
operations. The market is now quiet
and steady.
New YORK, September 18.-Noon-
Stocks dull since IL, except for Lacka-
wanna and st. Paul, in which fair bust
ness had been done. There were fur
Their slight advances after IL, but to
wards noon the market became weak
declining q to g, st. Paul being pro-
minent in the decline. At noon the
market was quiet and heavy, within
slight fractions of opening figures.
New YORK, September 1873 PM
L.
dull and about steady. Although st.
Paul advanced 4 and Louisville &
Nashville u, the market closed very
duh and Steady, at prices generally
higher than those of last evening.
NEW YORK, September 17.-Govern-
ment quiet and steady. The most
prominent feature of to-day's stock
market was the strength developed in
coal stocks. There were whisperings
in the street last evening that the coal
companies were obtaining rather better
prices for coal, and these soft muir
murings developed into stentorian
tones to-day. Inquiry amorg the lead
ing coal companies and prominent
middle men elicits the statement that
prices have stiffened, and conservative
coal men say, however, that this squirt
of activity in demand was inevitable,
but can only last a short time if the
present policy OF unrestricted output is
pursued.
Lackawanna heads the list in the
amount OF business done, and the stock
which opened at 100 rose with only
slight reactions and closed with gain
of l5S per cent. Delaware and Hudson
is up ~ and Jersey Central shows a
net gain of l per cent. The remainder
of the general list shows only fractional
gains. First prices as a rule were the
lowest of the day and the high
est prices were generally realized by 2
O'Clock. In the forenoon The market
was irregular and only moderately
active. After moving up and down
within narrow range during
the forenoon, it became more
decidedly strong after midday,
but in the last hour it developed
an extreme dizziness, accompanied by
slight reaction in quotations. There
was small raid al one time on Pacific
Mail which drove prices down, but it
rallied later and closed with a gain of
u. st. Paul was comparatively quiet
and barely steady, closing midway be-
tween the highest and lowest prices of
the day with net loss of q. Among
the Gould stocks, which were quiet, the
Western Union was unchanged, Union
Pacific q lower, Missouri, Kansas &
Texas Is. and Texas and Pacific Il
higher. The squirt mentioned, which
occurred couple of days ago, has en-
tirely subsidized. Early in the afternoon
dispatch from Boston was circulated,
stating that President Adams pro-
nounced the story that the Burlington
& Missouri road will Immediately build
into the Union Pacific territory,
absolutely false, but later dispatch re
ceived here says the Burlington ds Mis-
souri, track passed Norton September
9th, and the grade and bridges were
completed to Oberlin. The roa will
take nine-tenths of the business of this
section n-t