The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-31

New York, Jan. SO.-The fact OF the ap-
continent of receivers for the Distflltng
and Cattle Feeding company, which was
known TO a few after the close of busi-
ness yesterday, became public property
sglis morning through the medium of the
newspapers and induced selling of stock
hut only to a moderate degree, less than
$500 shares having been dealt in UP 70
spon, and only about 1900 shares during
the rest of the day.
On the early selling. the stock declined
Il per cent. TO rs, but subsequently re-
covered the full loss, reactlng to 3, ana
10y noon rallying TO S14. During the az az
5ernoon the shares fuctuated between rs
@Sis, closing at the hover figure, beng
only Il per cent down on the day.
The national financial situation was 4
source OF much anxiety to the operators
on the stock exchange, and the uncer-
tainty undoubtedly restricted the trans
RcmouS and unsettled the speculation
The announcement that Secretary Car
Bisle was coming to New York to confer
with bankers. was made early in the day
end caused much discussion as to wlheth-
81 his mission was TO prepare the way
1Sor a bond issue or to take up the gold
Learned that Mr.. Carlisle was not coming,
but that Assistant Secretary Curtis was
On his way to this city, and 1t was at
once accepted as a TACT that he was the
bearer of q commission to treat for the
floating of the new bonds, which rumor
had it were to be 4-per-cents. The With
drawal of gold from the sub-treasury
was 50, 600, 000 all of which, it is said, will
go forward on Saturday. Considerable
discussion was created by the National
Bank Of Commences resolution calling
on the Clearing House association to re-
Scind its rule against the opening of spe-
Cial gold accounts by the banks. All Of
these circumstances tended to an irTeg-
Nlar stock market and during the great
tuated frequently between strength and
weakness, Dut toward the close there
was fairly good buying. which impaired
a strong tone to the final dealings. Com
pared with yesterdays closing figures
the last prices madet oday are mainly
the last prices made today are mainly
1igheT, especially for the active list.
There was less activity to the trading
~ bonds today and the temper of specu-
SYsiOn was generally heavy. Towards the
close there was a squirt in some of the
speculative issues, but an unsettled tone
prevailed at The close The total sales
we're Sl,031, 500.
Money on call easy at 9 per cent. all
day.
Prime mercantile paper at 3a4 per cent
Sterling exchange strong with actual
business in bankers bills at 1897 IA S91:
for demand, and at 4.SS14@4.SS12 for sixty
Posted rates. 4S9l5Q4.90 and 1907.
Commercial bills, 4.S71464STI2.
Silver certificates, 90 bid.
Government bonds generally steady,
but weak for the tours, which have de-
olined 12Ga per cent. on the report that
the expected bond issue will be four
3er-cents.
State bonds dull.
Railroad bonds, heavy.
Petroleum steady; Pennsylvania oil
sales, none; February option sales none
closed at 100 bid.
The total sales of stocks today were
1S5,4S9 shares. including: American
Sugar, 400; Burlington, $500; Chicago
Gas, 1900: Distilling, 1890; Genera,
Electric, $500; Louisville & Nashville
$500; New Jersey Central, 1920; National
Lead. 800; st. Paul, 10000: Southern pre-
terred, 5000; Western Union, $500.