The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-06-19

New York, June 1S.-It was am
nounced, last week, the Atchison re-
organization plan would be perfected
today, and the full details made pub
lie. The committee were in session this
afternoon. but did not reach a final
conclusion and deferred the pubhca-
ton of the schedule for reorganization
until tomorrow.
1t is understood the foreign commit
tees are in harmony with the New
York committee. and that all interests
are taken care of in the plan which
has already been foreshadowed in this
report. The street is anxiously await
ing the publication of the plan, in view
of the fact there are other reorganiza-
lions still pending, for which the At
Gibson scheme might serve as an ex-
ample to be followed in some particu-
lars.
There was a hating, unsettled tone
Ito the speculation on the stock ex-
change today, as if the operators were
waiting for something to turn up.
Nearly half the business was in the
tndustrials, the only active shares in
t4e railway list being st. Paul and
Burlington.
The engagement of $4,000, 900 in gold
for shipment to Europe by tomorrow s
steamer had no effect on the market,
the gold being sent merely by reason
of the scarcity Of bankers and ster-
ling bills, and it does not change the
views Of the leading bankers. who be-
leve July will see the end of the gold
export movement
The aTbitrage houses were not in the
market TO any appreciate extent, and
the tone Of American securities on the
London exchange was not ENCOURAGING.
Chicago was a seller of st. Paul. and
The bull clique was a buyer of Chicago
Gas.
Sugar opened at an advance of q
and under moderate buying rose an adj
y ltional IS to $685.. The higher range
1of values induced sales to realize prof
ITS. and a reaction of IL took place. of
which IS had been recovered at the
close, making a gain of q on the day.
The preferred recording a similar i'm
3rovement.
The unexpectedly heavy decrease in
me earnings of st. Paul for the second
week Of June led to an attack upon the
Stock, which fell off "a only to make a
complete recovery :under supporting
orders, the close being within u of the
best figures of the day.
bu4 ing ton q quincy, after an early
decline of Is, rose q and reacted X:
Rock Island shows an advance of i
and Northwestern stands unchanged.
Union Pacific was weak in the early
dealings and receded per cent. on the
report that Attorney-General Olney
had decided TO commence proceedings
TO secure of the government debt. On
the denial Of the rumor from Washing
ton a recovery of y was made
The bond market was firm in the
morning but became unsettled during
the afternoon and closed irregular.
Money on call easy at per cent. last
loan 1, closed ! per cent. Prime mer-
camille paper "a "a per cent. Sterling
exchange dull but firm with actual
business IN bankers bills at 1889 for
demand ano ct 4S7$l for sixty days.
Posted rates 4SS1a 400; commercial
bills 1869. Silver certificates 64065
The total sales of stocks today were
117.15S shares including:
American Sugar, 81 800: Burlington,
$500: Chicago Gas, l4,4o0; Missouri
Pacific. 1920; ST. Paul. 1900; Union
Pacific, 400; United States Cordage
AZ, 300; Western Union, 4,S00
Government bonds firm. State bonds
inactive. Petroleum steady; Pennsly-
vania oil sales none, closed S9s4 bid
Lima oil sales none.