The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-10

New York. Jan S-Todays stock mar
ket is best described as a waiting
one. The volume of business underwent
"a considerable shrinkage and there was
an absence of the recent excitement.
Prices cid not move uniformly, evidenc-
ing the fact that stocks were being dealt
in subject to special considerations al
fecting them. rather than upon any gen
eral dominating influence, such as the
war talk or the treasury situation. At
The same time easy money rates and
weaker tendency in the sterling exchange
market encouraging decreased estimates
OF the amount OF gold to be shipped to
Europe, were factors in the speculation.
The sentiment prevails in the street
that a more or less definite understand
ing remains regarding the treasury meas
ures between the administration and
powerful banking interests. Late in the
daY rumorS were current that pressure
was being brought to bear upon the presi-
dent and Secretary Carlisle TO have the
interval of time for subscriptions named
in the bond cali abridged. The first
batch OF blank Application forms for
subscription to the new bonds was re
ceived at the New York Sub-tredSuTy
and was quickly exhausted. Requests
for an additional supply of blanks We're
torWa -ded TO Washington. For obvious
reasons definite information regarding
Inc extent Of subsc- ipuOns is not obtain
able Almost without exception, however,
Wall street men believe that inability on
The part OF the public to secure gold 10
pay for any considerable proportion of
the 800 100000 issue Of bonds viii compel
the treasury tC avail itself Of the syn
dicate's assistance. 1t is also generally
believed that this assistance viii be
Forthcoming when required. Some insig-
nihcenCe is attacked in this connection
TO the expressed belief at Washington
that exports OF gold in the interval be-
fore the closing OF the government loan
will not exceed about one-SiXth of the
held nv 0a
Gold as commodity is still dealt in
at q premium of about one-half per cent.
Share prices showed material gains in
many instances, paruC ul2rly in Sugar,
Toaacco. the Nanderbilts, Coalers, Cen
eral Electric Rubber and Lead. The
movement was somewhat irregular.
The closing Was dull and Irregular, but
at general net gains, which in some in
stances We're material.
The bond market displayed irregularity
during the greater part on q decreased
volume Of business. In the late trading,
however. prices generally moved upward
under the leadership of the Northern Pa
cihc issues. the thirds rising . per cent
TO IS Dealings were inaugurated in the
trust receipts for Union Pacific SKIES Of
rs and '99 at 9jl4 and 96l2 respectively.
Dealings in governments aggregated
only $1,000 The market was feaIurelesS
aside from the new tours, which adj
yanced IA per cent. on the first call but
subsequently receded 10 yesterdays clos
ing
money on call easy al 9Q per cent last
loan, per cent; closed per cent
Prime mercantile paper 6d9 per cent.
Sterling exchange dun and lower, with
actual business in bankers his at 1884
d4.s9 for demand and z.S714 94S71s for sixty
days
Posted rates 4sS6AS9 and 4S9l504 60
Commercial bills 1864.
Silver certificates 67G6715.
Bar silver 6e24
Government bonds firm.
State bonds dull.
Railroad bonds firm.
Petroleum steady, 10 bid.
CHICAGO GENERAL MARKED
The Leading futures were rs 1oIi>eA.