The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-12-09

New York, Dec. S.--Ihe feature CT spec
alstion ON the stock exchange today was
the early realizing movement, operations
showing anxiety to secure some OF the
profits of the recent advance. Conse-
quently the trend of E-ices was iiown-
ward, there being, howysves, ccasionai
rallies due 10 the close OF short contracts
by traders who preferred to be out of the
market ov1r sunday More than one-half
OF the dDy's business was done in Sugar
which fluctuated within 2 per cent.
rance and closed at a loss of only AZ
eflt- from the closing price OF yester-
abandonment by tile directors Of
fh- company OF the project 20 issBe a
statement to stockholders was ,ae subject
of much talk on the street today winch
was not ai all complimentary to the
members OF the trust. but as the threat
eTlu danger OF O revision OF the sugar
schedule OF The tariff bill seems to have
been arrested there is no. immediate duty
on heir paras to show their hands.
During the past week the trading in
stocks has oeen on an unusually large
being 1.4S0,Dut shares, about one-half of
Rhic. was IN Sugar alone. The specula-
ton in the stock was the feature OF the
week and was at times attended by
great excitement the course of the
movement Of the shares was controlled by
the ciique o. insiders. but they had a
stock was interesting TO the general pub
lie by reason of irs magnitude and be
cause. Of the holdings used by the clique
10 induce insiders 10 help them to play
the game of hlindnans buff, In which
only the outsiders we're blindfoldei. Sugar
common advanced So ON the. week and
stock sold at So on Monday and at $50
today, the closing beingsthe low and high
points respectively and fhe last sale was
at 91ls. The other Important changes of
the week were.
Advances-New York & New HRmp-
Ehire and Hartford, 80: Northwest, 3:
Iaclede Gas common, 3; Pittsburg &
Western preferred, 2s4; Consolidated Gas,
2ls; Chicago Gas, U.s..
Declines MINNEAPOLIS iron, 10; National
Starch first preferred. 8; Illinois Central,
8: Metropolitan Traction. 21z
The railroad and miscellaneous bond
market was very heavy curing the day,
on very large volume of business. in
Which the Atcisisyai firsts and Southern
flves were most prominent. The total
On the week. the trading resulted in q
pretty even division between gains anG
losses. with a slight preponderance OF adj
sive scale and reached the heavy total
Money on call, easy at per cent and
IL per cent.
Prime mercantile paper 21kd41& per cent.
Sterling exchange. firm, but dull with
actual business in bankers bills at ASH
@4Ssls Cor demand, and 4.S114Q4Sl1a for
sixty days.
Posted rates, 4S715G4SS and 4.S9IS.
Commercial bills, 4.SSA d4.SG1a.
Silver certificates, 61l4; no sales.
Bar silver. 6lSs.
Mexican dollars. 90.
Government bonds, firm; state bonds,
inactive; railroad bonds, weak.
The total sales Of stocks today were
I4l166 shares. including American Sugar,
77.70O: Burlington 300; Chicago Gas.
$500: D. G. c. II. $500: Erie. $500; General
Electric 1600; Manhattan, 2.2e0; National
Lead, 1920: Northwest. 10000: Reading,
300: Rock Island, 1.S00: st. Paul, 6,2G0,
Southern railroad, 1900; Southern railroad
preferred. 1900: Western Union, 1,S00
Wheeling &c Lake Erie, 1,500.