The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-26
1t Hovers Around the Bulls and
the Bears.
GROWS QUIETER DAILY
NET CHANGES SHOW DECLINES
SUGAR BEING A LEADER.
Sterling Exchange Firm : May
Wheat 81 Higher-Pork Up
Little-Hogs Higher-Government
Bonds Strong, State Bonds Dull,
Railway Bonds Irregular-Other
Markets of the World.

New York, Feb. 25.-Money on call.
easy. 1902 per cent; last loan. IL.
and closing at ~ per cent. Prime mer-
camille paper, 3 per cent. Mexican
dollars. SOS 65I1s. Sterling exchange is
firm. with actual business in bankers
bills at 4.s5A Q4S51s for 50 days. and
4.S7@4.S7H for demand. Posted rates,
4S6G4SS.
Commercial bills. 4.S35@4.S4ls.
Government bonds. strong; state
bonds. dull: railroad bonds. irregular.
There was no relief today from the
insufferabIe dullness that has charac-
terized the stock market for some time.
The total transactions were only SS,227
shares. and a number of stocks were
practically neglected. There was an
indisposition TO trade on all sides, and
even when it was announced that the
senate had voted in favor of taking up
the Sanguilly resolution business re-
manned dull and stupid, although the
bears succeeded in bringing about
generally lower range of prices Specu-
latiOn at the opening was fairly firm
in sympathy with the receipt of slightly
higher quotations from London, and
the leading shares improved lsGR
per cent. Buying orders were limited,
however and as soon as the traders
saw that the big operators were taking
little interest in the course of the mar
ket they lost no time in getting out. a
little stir was created by the announce
ment that a receiver had been APP
pointed for the Columbus, Hooking
Valley & Toledo road. After the ac-
ton OF the senate on the Sangullly
matter became known the bears were
more aggressive and a decline of 4 a
is per cent ensued right through the
list, the market closing at about the
lowest point. Among the high priced
issues, Omaha preferred advanced z,
while Consolidated Gas and New YORK
& New Haven declined 1G115 per cent.
The weakest stocks in the late trans
actions were Sugar. Manhattan, Jersey
Central and the grangers. Sugar nS-
ured for II, 800: Hooking Valley, 1O,60O;
Burlington & Quincy, $500; St PAU,
6, 500; Tobacco. $500; Leather preferred,
8, 600. and Reading, $500 shares. No
other stock was traded in to the ex-
tent of 5000 shares. Net changes show
declines of AG5s per cent, Sugar and
Jersey Central leading. Hooking was
an exception and closed rs lower on
the dav.
The feature of the trading in bonds
today was the strength of the Hooking
Valley issues. The consOl 5s, after
decline in the earlier part of the ses-
sion, advanced and closed S12 per cent
higher at 1872, and the general 6s rose
515 to 551s. Brooklyn Elevated firsts
rose l to 721a; Denver & Rio Grande 5s,
1 to 81; Kings County Elevated f1rsts,
| 70 II: Long Island Ferry 412s, TO
80; Ohio & Mississippi, Springfield di-
vision, Is, 8 to 101. and Western North
Carolina firsts, consolidated Is. Y to
l13. Atchison adjustment As fell Y to
461s; International & Great Northern
seconds, / to 70: Peoria & Eastern con-
solidated As, IL to IS; Rock Island |
coupon firsts, l to 129; st. Paul. Chicago
& Missouri River IS, 1 to 100, and |
Western New York & Pennsylvania |
general As. IL to 4SSl.
In government bonds. 100000 coupon !
Is of 1925 sold at 1121sG1125s. The to-
-al sales of railway and miscellaneous !
bonds were 81, $50, 900.