The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-12-19

NEW YORK, Dec. 1S.-The reechoes of
Clevelandis Venezuelan message We're
the dominating influences of the stock
market today. London prices for Amer
lean securities show declines and the
international shares were sold steadily
with but slight rallies throughout the
day. This class of securities displayed
the greatest weakness of any of the list.
The dealings in the international shares.
unusually active in the forenoon, were
roughly estimated ait about $4,000 shares.
Some comment was excited over a de-
cline of nearly l per cent in British con-
soils and coincident fractional advance
in United States new and old four per
cent bonds. In the general market lower
prices were recorded III the early trad
ing, the declines being in some instances
fully as great as in the 1nternatiOnalS.
Adult the end of the first half hour the
substantial recoveries We're made in
mos cases. but a Ueactionary tendency
soon developed. Throughout the day at
intervals rallies ocucTred, but were al
ways met by renewed selling for both
accounts except in the last hour when
around delivery hour on covering or
shorts mainly, rallies from the extreme
low points ranging up to , per cent were
made The unsettling effect of the war
talk upon prices was heightened by de-
pressing discussion of our financial prob
lem and by expectation of further heavy
Of the foreign selling of our securities
Sterling exchange rates We're advanced
Slightly and the appearance of gold bills
was considered to fOreShadOW an advance
to a point permitting shipments to Lon
pon by Saturdays steamer. The unfa-
Torable condition noted caused the pub
.ication of satisfactory exhibits of rail-
foad earnings to fail fiat. The closing
fyaS active and strong. at net losses for
the active stocks to rs per cent and in
the less prominent shares of four per
cent.
Bonds were active and weak, the de-
clInes in a number of issues being of
Importance. The market moved only in
sympathy with the stock speculation
The sales aggregated 1882, OoO
Money on call easy at 112Q2 per cent,
with odd lots at 3; last loan ,; closed 2
per cent.
Prime mercantile paper 4d5ik per cent.
Sterling exchange firm, with actual bus
3neSs in bankers bills at 4.SS34 g4.S9 for
demand and 4.S7$4Q4.SS for sixty days.
Posted rates 4.SSl2d4.S9 and 4.S9 and 4S91a
@490; commercial bills 1863.
Government bonds firm and higher.
State bonds inactive. Railroad bonds
Weak
NEW YORK GENERAL MARKET
New York. Dec. Receipts
q, 800; exports, 5,o0c barrels. Steady, but
trade still confined 10 small lots with
Spectators holding off altogether.
WHEAT-Receipts $4,000 bushels; eX-
ports n.0Oo; spot quiet but steady; No
2 red 699s: No. hard, 675s delivered. OPP
Sions opened stronger the president s
message, coupled with higher cables and
foreign buying, eased off at noon on lower
late cables, finally rallied on covering
and closed firm, partially 5Sc. higher; No.
2 red. May closed 665s; December closed.
65A.
HOPS-Weak.
WOOL-Steady.
PETROLEUM-Dull; united closed Isl
COPPER-Steady.
n Steady hrOl<prc' 81
change, 2.20Q3 22lz
SILNER-66sss.
TIN-Easy; plates, duh
SPELTER-Quiet: domestic, 3.4O63.5o.
COFFEE-Options ruled generally fea-
tureless on largest local trading closed
dull at unchanged prices to points net
decline; March, 13. 6OG13.70.
SPOT COFFEE-Rio quiet; No. Z 141h
Mild quiet; Cordova, 1S4lS1s.
SUGAR-Raw quiet; refined quiet.
CHICAGO GENERAL MARKET.
The leading futures were IS follows.