The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-03-27
ON WALL STREET.
Renewed Depression About the Only
Feature.

New York, March 26.-Money on call
easy at 11h@1% per cent, last loan IL
and closing IL.
Prime mercantile paper, So per
cent.
Mexican dollars, 4S1a@50.
Sterling exchange easier with actual
business in bankers bills at 4.S5A @4-s6
for so days and 4.S7A Q4.s71s for de-
mand.
Commercial bills. 4.S4I5G4S5A.
Bonds-Governme firm, state dull,
railroad quiet
There was renewed depression at the
stock exchange today, speculation hav-
/ ing been dominated by the decision re
Gently rendered by the supreme court
in the Trans Missouri Freight associa-
ton case, and the summary disruption
of various western railway receiver
ships since that.
Many holders of stock were disheart-
ened by this condition of affairs and
sold out with the result of bringing
about a decline of 1902 per cent. The
railways and industrials suffered alike.
the heaviest declines having been in
the grangers, Kansas & Texas pre-
ferred, New York Central, Big Four,
Sugar Tobacco, General Electric and
Omaha. The downward movement was
accelerated by the execution of stop
orders.
In the case of Sugar, which dropped
~ to 110%, the pressure to sell was
due mainly to the definite announce
ment that Claus Docsher, a wealthy
sugar refiner, had decided to build a
new refinery with a capacity OF $500
to 5000 barrels a day. At the same
time it was clearly minated by those
interested that the relations existing
between them and the American Sugar
Refining company, are, to say the
least, somewhat strained. During the
afternoon supporting orders appeared,
and a, rally of 1A@19s per cent ensued,
the improvement being aided by more
favorable traffic returns for the third
week of March Toward the close To-
bacco broke suddenly to 1874. making
the net loss of the day 211 per cent,
and other stocks reacted Il to q Ter
cent from the highest, the latter in Jer-
sey Central. Among the specialties
Minnesota Iron jumped Az to 49, while
Erie first preferred fell IL to 301a, Lake
Erie & Western TO "a and preferred
IL TO Co.
The market closed about steady in
tone. Outside of Tobacco the net
changes show declines OF A@7s PER
cent. Tobacco lost 2 per cent.
In government bonds $4,000 coupon
As of 1895 sold at 12ss4 @12s5s and 81, 900
coupon IS at 114H.
BOND QUOTATIONS.
Ala CTS A 40 1864 N. Pac. 3rds..... IS
Ala. CTS B s.. 1o514 Northw Con ..142
Ala CTS c 4....100 Northw. Deb. SSH
AtchiSon is -. S2Ss Or. Imp. 1stS.... IS
Atchison ad -. Ass Or. Imp. 5s.. 1872
Can. So. ISL los Or. Nav. lib
Cherokee As 80. 100 o. s. l.. .1151z
Cherokee As '9S. 100 0. s. l.. Cons.
Cherokee As 30. 100 IS ..-..--.- 75i2
Ches. & o. SSH Phil. & Read.
c. & N P. T. As ....---..- S0l2
Receipts IS -. 41ss Phil. & Read.
D. of c. 3-65s 109A 1st Drf inc. Al
D. & r. c. Is 112 r. C. w. 1s..... 5l1a
D. & r. G. As. S7l2 St L. & l. NJ
Erie Gen. L. Gen. 5s -....- 49,
3-4s ........ 6315 ST i. & S. +.
FIT. w. & Denver Gen. 6s $500. 11012
city lists -. SIS ST. Paul Con. ..1si
Gal. Har. & San St P c. & p.
Antonio LIST 6S. 104 lists .-..--....11S12
Gal. Har. & San s. c. 4laS ....105
Antonio I'd is. .101 So. Rwy. 5s.-..-. Syiz
Gen. Elec. Deb. S P of c. -.107
H. & T. e. IS. .1oSl5 IS -. 1856
II. & T. C. Con. Tex. Pac. lists 50
IS .....1of Tex. Pac. ends. 20ie
Iowa Cent. lists. % 10. P. Is Co.. .10l1 z