The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-04-24

NEW YORK, April "a further
increase in stock exchange business
occurred today and the course of
prices was irregular. Although the to-
tai Of transactions was larger than for
some time past. the animation was
spasmodic- The trading element
played on both sides of the market.
Buying by commission houses was
noted in some shares, and particularly
IN the Granger group. Missouri Pa
chic appeared TO DE manipulated by
powerful inside interests The indus
trlal shares, however. held first place
as a group and recorded the most er-
ratio fluctuations in prices.
An early selling movement was di
Tected against the industrials Sugar
and Tobacco being subjected to special
pressure. The heavines5 of these
Shares caused fractional sympathetic
recessions in the railway list but after
midday the bulls took hold Of the
market with renewed vigor and sub
stantial advances occurred. In tho
afternoon dealings the industrials and
the grangers were most prominent.
Trading occurred in the trust receipts
Tor Northern Pacific common and pre-
ferred stocks at 19s@14 and 12@12$s
respectively. The bonds were also
Aeavlly traded in and advanced sharp
ly on the rapid progress OF the re-
organization proceedings. A strength
ening influence on the general market
was eGerted by a report that the Re
publican senatorial caucus at Wash
lngton had decided to work for an
early adjournment Another encour-
aging factor was the continued circu-
lation Of serni-oficial reports of inn
proved crop prospects. The market
closed weak at general net fractional
concessions.
In the bond market Northern Pacific
issues displayed continued strength
and activity. Some of the usually in
active mortgages were also conspic-
nous for Improvement. The St. Louis
d San Francisco issues and Cordage
firsts were cases in point Further for
eign buying of bonds was reported. in
Guiding some of the high class issues.
The sales were 2,707, 600.
Governments were neglected, but
ruled firm. The sales were $500.
Money on call easy at 2l2@3 per cent:
last loan. 2lI3: closed 2la per cent. Prime
mercantile paper 41206 per cent. Sterling
exchange steady with actual business in
bankers bills at 4.SS12G14.SS34 for demand,
and 4.S7l5G4.S77E for so days. Posted rates,
4.SeG4.SS52 and 4.S9Q4.SSl2. Commercial
bills 4S61s61s 81. Silver certificates, 67s46
6S1z. Bar silver, 6724.
NEW YORK GENERAL MARKET.
New York. April 29.-Flour-Receipts,
12.lOO; exports 1850 barrels. Steadier
with wheat, but lacked demand, as buy
ers are well supplied with previous pur-
chases.
wheat-Receipts. $500; exports, S7,1OO
bushels. Spot dull; quotations, lake and
rail No. ! hard, 743s f. o. b. af1oat. Op-
tons We're generally firm all day; show
ing the greatest strength at the close, |
which was at SsG5Sc. net advance. The |
controlling factors We're the weather in |
the northwest and a bullish Price Cur |
ing by shorts. April closed 741s; May, |
705sG71ss; closed, IFS.
Hops-Dull.
Petroleum United, closed 1211A
bid
copper@sfea6S;; brokers' 1o7s; exchange,
1913.
Lead-steady; brokers, 500; exchange.
Tin-Quiet; straights. 13.3O@13.S5.
Plates-Firm.
Spelter-Quiet.
Coffee-Options opened steady at an
advance of 5T10 points; closed steady at
sac points net advance. Sales 1870 bags
inclnding: March, 1885: April p S0G1S00
Spot coffee-Rio quiet; No II, 13$..
Mild-Quiet; Cordova, 1864 ais.
Sugar-Raw. dull
Refined-Steady.
CHICAGO GENERAL MARKET.
Ths leading futures ranged as follows:
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