The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-20

New York, Jan. 1.-THE share specula-
ton has been leavy in tone all day on
q very light volume of business and prices
with very few unimpoTtant exceptions,
show a decline from yesterdays final
sales, ranging from Is to 25s per cent.
The heavinesS of the market was due to
sales to realize the profits on the recent
advance, except in one or two instances,
in which special influences were at work
all week. a case in point is Union Pa
cific, which sold heavily Oh the reported
Intention TO foreclose the property and on
a vague rumor that a 80 per cent. assess
ment on the stock was probable. After
the close of business the Associated Press
dispatches and the making of an applica-
ton at st. Louis for the foreclosure of the
first mo'tgaSe and en- the appointment Of
separate receivers for the main line, the
stock broke III, and closed at the lowest
point touched. Chicago Gas was weak on
selling induced by the complications re-
sulting from the effort to change the
control Of the companies. An early ad-
vance Of a was made which was quickly
followed by a decline of is to 35s, with a
final rally Of Is, making the loss on the
day l per cent. Laclede Gas preferred
advanced ! per cent. and reacted IA. The
grangers opened lower, rea cted shade
made partial recovery and in the final
dealings fell off again, except Rock Is
land, which stands unchanged on the
day.
Burlington is down 4, Northwestern g.
and st. Paul y, the latter being sold by
London. Sugar was lightly dealt in and
moved within range Of e, losing Just
that fraction on the days transactions.
The market closed dull and heavy in
tCne.
During the week. while The trading was
Very light. the market was in the main
strong and in a ma iorIty OF cases an adj
vance has been recorded on the closing
figures OF Saturday last. The, aggregate
OF the sales is $4,000 shares Chicago Gas
leading in point of activity. The special
ties were more active than usual and a
majority of them recorded substantial ad-
Nances. The grangeTS were adversely al
fected by the action of the United States
Senate in postponins consideration of the
pooling bill and reCeded fraction in the
early part of the week, but recovered the
losses with the exception of St Paul,
which is Is off. While the bulk of trad
ing in the days bond market was lower,
the recessions did not exceed fractional
limits The deAings were light aud
reached only seq, 9s4. Advances were re-
corded Of 2sz per cent in Northwest Sink
ing fund debenture 5S regular of 1898, and
IN Atlantic {. Pacific As and Oregon I'M
proVement lists. The transactions for the
week in the bond fmarket aggregated
se,242,2o9, the Atchison issues being most
prominent therein, and recording an I'M
provement il the IS of 29s and in the ends
of rs per cent, with a final reaction Of
III and per cent respectively. Most of
The issues dealt IN are higher on the
week.
Total sales of stocks today were 5S, 537
shares, including: American Sugar. $500;
Burlington /. 500; Chicago Gas. LOO; d. &
c. F.. 270l; Rock, Island, $500; St. Paul,
400; Union Pacific, $500.
Money on call easy at per cent
Prime mercantile paper, 2$4@4a per
cent.
Sterling exchange firm with actual bust
ness for bankers bills at 1884 for de-
rTand and ASSGI4. SSlk for 60-days.
Posted rates at 4SSlzq4.S9 and 1880
z.se
Commercial bills at 4s73A87E.
Silver certificates at 60JsG60i5. No sales.
Bar silver at 591s.
Mexican dollars at 4S74.
Government bonds, quiet and steady;
state bonds. dull, except for Virginia 6's,
which are fairly active and firm.