The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-09-27

New York, Sept. pa new record
was made by Distilling today. that
stock being marked down to S%, the
lowest touched previously having
been 9.
The common stock of the American
Sugar company, which has been grad
ually moving back toward the pre-
ferred shares, crossed the latter today,
selling down to 94A, while the lowest
figure reached by the preferred was
9411a. This has not happened in a very
long time, and is due to the report,
subsequently denied, that all trust re-
fineries are to be closed down. The
early decline in Sugar common was rs,
of which - per cent had been recov-
cred at the close. Sugar preferred lost
Il on the day and 945s was bid for both
at the close. Further liquidation took
place today in Reading, which was
largely for the Philadelphia account
and entirely due to the poor reception
which has been accorded to the Olcott-
Earle reorganization plan by many
holders of the stock and bonds of the
company in this city as well as abroad
The movement in the grangers was
irregular. There was buying for the
short account in the early trading,
causing fractional improvement, but
during the afternoon, especially after
delivery hour, there was sharp selling
in the shares, with declines from the
top figures of the morning of rs in
Burlington, 7s in ST. Paul, q in Rock
Island and u in Northwestern. ST.
Paul and Rock Island closed a above
the bottom and Burlington %.
Chicago Gas stands unchanged from
yesterdays closing, having f1uctuated
within limit of " per cent.
London sold some small lots of Louis
Vile & Nashville, without making any
impression thereon, but in the general
depression of the afternoon the stock
eased off Is, rallying Il at the close.
The Cordage issues were unfaVorabIy
influenced by the withdrawal from auc-
ton sales of 1850 shares of the guaran-
teed stock
In the rest of the list the dealings
were light and the market generally
heavy. Atchison lost 1 per cent and
recovered IS. Cotton ,Oil preferred is
down 2 per cent; Pittsburg c. C. C. &
St. L. preferred and Erie preferred,
"; Toledo, Ann Arbor. Missouri Pa
cific, Chesapeake & Ohio, rs. New
York Central rose ~ on the declara-
ton of the regular dividend, but lost 70.
Speculation was weak at the close.
The bond market was weak all day
on moderate volume of business.
Sales aggregated s99S,5O
Some. of the securities traded in re-
corded advances including: Lake Shore
seconds registered and Georgia Pacific
hrst trust receipts, 2 per cent.
Government bonds, steady, state
bonds, dull; railroad bonds weak.
Petroleum, steady; Pennsylvania oil
sales, none; October option sales. none:
closed S2B@S3 bid. Lima oil sales, none,
Money on call easy at per cent ali
day.
Prime mercantile paper 3@51h per
cent. Sterling exchange dull but firm
with actual business in bankers bills
at 4.S6A @4.S61a for demand, and 4S5H@
4861s for sixty days.
Posted rates 4.S6@4S61k and 1870
4871a.
Commercial bills 4S4A@4S41b.
Silver certificates, 631s.
The total sales of stocks today were
211, 955 shares, including:s Atchison.
1000; American Sugar. $500; Bulring-
ton, 21,200; Chicago Gas, $500; Chesa-
peake & Ohio, 300; D. c. & F., 1880:
General Electric, 5000; Louisville &
Nashville, 6.4O0; Missouri Pacific, 1880:
New York Central, $500; New York &,
New England, $500; Reading. 17.1OO:
R. & w. p, 400; Rock Island, 5000; st.
Paul, $1,000; United States Cordage, g.
Inn