The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-06
Firm Tone Marked the Opening
Dealings, Moved Upward
Fractionaily.
REACTION TEEN FOLLOWED.
DURING THE WEEK SHARE sPECU-
LArIoy WAS INACTIVE.
Interest I'm Bond Market Very Light
Tread of Prices Observation-Disclosures
on Call Ensy-Commercial Elk
change DulI-ChicaEo Wheat-
hansas City Live Stock.

New York. ian. 5.-yery little bust
,ess was done on the stock exchange
,oday, and outsidH of Sugar, Distilling,
Chicago Gas and Missouri Pacific the
:rading was 1ifeless. A firm tone
marked the opening dealings and except
for q decline Of per cent in Louisville
and New Albany preferred, and LIS in.
Tobacco and Us IN Missouri Pacific, tine.
market moved upward fractionaIly un-
III after ii o'clock, when the temper
of snecuIstion changed and a reaction
set in. baltimore C Ohio lost 1ss and
the rest of the list a fraction Sugar,
after an opening advance OF ", fell off
x. closing Is above the lowest. Chicago
Gas recesee Is. advanced u. and re-
acted X. It was rumored that the full
cash dividend would be declared on
Afonday. but the report had little or no
influence on the stock. Distilling moved
up x per cent on the announcement Of
the formation of a committee OF stock
holders to look after the interests OF
the company, but subsequently lost Is.
The placing on the market %, a block OF
900 shares of long stock OF missouri
Pacific was taken advantage OF BY the
bears to raid the property and a break
cfs 25k per cent was made in the shares
IF which u per cent was subsequently
recovered. The other changes on the
/. day were mostly declines. including
losses of is on Tobacco Us in Balti-
more & Ohio, Oregon Short Line, and
y, in Lead preferred. OF the grangers
ST. Paul is unchanged. Rock Island Is
down as and Burlington and Northwest
are I'D u ench- Rennsaeler and Sara
1oga sold at IS5 against $50 last pre-
vious sale. American Express showed
a gain of / per cent and a few others
have advanced q fraction. After an
early Improvement of ia, New Jersey
Central re-scted / per cent. The mar
ket closed about steady.
During the week the share speculation
has been inactive and the total sales are
only 81. 900 shares. Spuecnlation as a
rule has been heavy and majority
OF shares traded in SHOW gains COM
pared with the final sales on Saturday
fhe more important losses being Con-
solidated Gas, 41s: Canadian Pacific. 53s /;
New Jersey Central, 8; Tobacco, 2sz /;
Missouri Pacific, 25s; Sugar, 21s; Erie
preferred, rs. advanced were: REM
saeler and Saratoga, 5; Baltimore &
Ohio, 3: Colorado coal, 2.
The interest in the bond market was
very light.And the main trend of prices
was downward.
Money on GIL, easy, at l@11S per cent;
last loant 11h: closed, 119.
Prime mercantile paper, 2A@41s.
Sterling exchange, dull and firm with
actual business in bankers bills at
4.SSSs14 .SS% for demand, and 4.S7B@
4.gS: posted rates, 4.SS15@4. S91s.
Commercial bills. 4.S91s.
Silver certificates, SOS; no sales.
Bar silver, 59sz-
Mexican dollars, 49,
Government bonds, firm.
State bonds. inactive
Railroad bonds, easier.
The total sales Of stocks today were
81 $50 shares, including: American To-
bacco. 200; American Sugar, 22100;
Burlington, 1.6O0 Chicago Gas, 5000;
Chesapeake & Ohio, 1,5oO; D. c. F..
$500; Missouri Pacific. 200; National