The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-11-14
In Wall street.

NEW YoLK Nov. 13-The stock market to-
day while sui very active showed less excite
ment IN the early trading, and afterwards had
the ordinary appearance, with usual fiuctuG-
lions. The general feeling in the street has I'M
dergone a marked change for the better and
the opinion OF most habitueS of the Streets that
the objects OF the influential combination of
capitalists which has forced the recent decline
has been accomplished, ana with The efIecting
OF reforms already in BUSH G So now propose d.
there Will come general Improvement IN
values. The reaction from the low prices of two
days ago is regarded as principally the effect of
some buying by those who had thrown their
mold ngs over the scare. There were no further
failures or bank suspensions to-day, but the
bears demonstrated the fact mat they have not
as yet gone into their totes, and are still very
much alive. The natural tendency of prices to
advance after the late severe drop was checked
ana while fluctuations were on comparatively
small sale they were in some cases very ma
trial, though final changes are, in most cases,
for fractional amounts only.
w all street, lU:OJ q. m.-The stock market
opened excited AMI weak. North American is
29s points lower at l6 and on enormous sal. S
declined TO {, rallied to IS. again reacted to l..
The general list showed on the opening de-
cline of a TO ga.
1o:3oa. m.-The market has become COM
paratlyely quiet and the general list after
fractional decline from the opening, recovered
The lowest point was touched by North Amari-
can z; it is now ll1s. Tne tone Ct the market is
firm TO strong. A sUeady advance Is in progress.
II a. ma confident feeling is restored Ac-
llbllA luCltdStu low inc emu OF Jle lOur and
prices advanced more rapidly, gains over the
lowest prices of the early dealings extending to
2H, AUchison, Northern Pacific preferred and
Rock Island being prominent in the upward
movement, which carried most of the list beyond
prices last evening. The market at IL is active
and strong at the highest figure OF the hour
At noon money was tight at II per cent The
downward movement made progress in Wizards
later in the hour and North American retired to
g. but the general list is fairly well held At noon
the market is active aud steady at small frac-
tons better than the opening
2:l5 p. m.-Stocks after IL were quiet and
firm and the best prices of the forenoon were
again reached. A decided weakness developed
toward ., however Sugar refineries became
the leader of the decline dropping from So to
$40, Northern Pacific, preferred lost Ia at COL
Atchison Is at 3Uls. After some hesitation the
| scored a loss of q. The downward movement
then acquired additional force and everything
went on. the market becoming again deInoral-
lied and before the delivery hour all the fore
Moons advances were completely wiped out
with fractions in addition. Northern Pacific
preferred, was subjected to special pressure
and retired 10 571a. AT 2:l5 the market
/ is still active and weak at the lowest prices
of the day.
SIP. m.-Money has been close, ranging from
2 to IL per cent, last loan at 4. Stocks were
! still disturbed after 2:l5, but soon recovered
and prices again moved up, though the move
| ment lacked vim. Northern Pacific. preferred
rose from 571. TO CO. The market at the recov
cry became again quiet and closed active
and fairly steady at slight changes from the
opening.
The list is again lower and Sugar is down ga
northern Pacific preferred, 2ls. Pacific Mail
| Ia. Louisville & Nashville, lls, and N3rtl
American, 72s, with only fractional changes il
| the rest OF the active stocks.
Governments steady.