The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-12-08

New York, Dec. 7.-Today's stock mar
ket displayed noteworthy strength
throughout the day and the day for
stocks was broader and more widely dlf-
fused through the list than has been the
case IN long time There was hesitancy
at the opening, probably induced by The
lower prices from London, and stocks
Which developed most aggressive strength
later showed small losses at the opening.
There was u scramble of competing ord
erS in sugar which carried the security
up 3$s per cent in the first Is minutes OF
trading. 1t dropped , points almost as
quickly on offerings TO realize The
largest gains in the first hour were all
On the sepcialties.
RAILROADS AGGRESSIVE.
1t was not until afternoon that the
strength of the railroad list became ag
gresslVe and general, the southern and
southwestern roads being most con-
SplcuouS and holding their gains most
1lrmly. burlington advanced at one time
a point but reacted a point before the
close, and the grangers and western
stocks did not compare faYorably in
strength with the southern region, which
today began to feel the influence of the
remarkable showing of gains in gross
earnings for the fourth week in Novem-
Der which have been reported during the
week by the roads in that region. Even
Northern Pacific does not respond as
readily, although its preferred stock
SdlueQ Il point net on a 1OOrIn week
statement that shows an increase in
earnings over the corresponding week
last year of S3S6770. which is only
share less than 100 per cent The COM
very large earnings last year. Great
Northern for November showed an in
crease OF S356.l3S.
DIVIDEND DECLARATIONS.
The market was helped also by the
dividend declarations announced today
those q -
full OF rumors regarding the dividend on
sugar. but no authoritative announce
ment accompanied any of them. The
action OF the market reflected very dis
tlnctly the large and aggressive opera
lions of d manlDulatiVe combination and
there was very little outside interest
manifested in the stock division of the
market London, besides marking down
prices before the opening here sold
stocks very perSiStently in this market
notably ST. Paul.
BONDS.
The bond market continued to reflect
very wide and varied inquiry and con-
tinuoUSly broadening demand Some
sharp gains We're recorded during the
day and prices in all cases were higher.
Total sales. 81, 100, 900.
T. S. old As registered advanced Is and
the coupon 4 bid.
MONEY MARKET.
Money on call easy, 1902 per cent.
Last loan closed 1$4q2 per cent. Prime
=
change weak, at 1854 for demand and
at 4.S29sQ4-S3 for 60 days. Posted rates,
4-SS12Q4.S4 and 4.S6Q4.SL Commercial bills,
4S2
Silver certificates, 5924@6OA. Bar silver,
SOS Mexican dollars, AIS.
Government bonds firm. State bonds
firm. Railroad strong.
SALES OF STOCKS.
Total sales Of stocks for. the day, A.
900 shares, including: Atchison preferred
X / q
Manhattan, 10000: Metropolitan Traction
$500. Missouri Pacific, 1900: NJ. K. & L.
preferred, 5000; n. J. Central 1900;
Northern Pacific, 10000; Rock Island, 15-
800; Reading, 4,5G0; st. Paul, 81 500; Union
Pacific, CLIO; American Spirits IL 200;
Bay State Gas, 20, 400; Chicago Gas, Is. 500;
Western Union, 6,S0O.
BONDS.
q. S. n. Is, reg. 12S24 n. Y. Cent. 1sts.119
Dc. eoup.......12S$4 n. J. c. 5s...... ll214
L. 5. 4S..........ll2a4 No. Pac. lists. .119
Do coup.....--l414 Do. IS ......... Oh
10; zas 80. s. 7 " , DO As w = , s524
Do. 5s, coup. -1l4s4 n west. cons. .143
Can. So. Ids. 1862 Do. deb. 5s....116
y. u Il. 6; lstsl9a34 O. Nav 1sts-.-.116
II. < Z. c. 5s.. .1l214 Q. S. L. 6s, l. r l23i1
Do. con. 6s....1O5 %. S. L. 5s, t r 99$s
h z; Con t r 9Os4 }. Imp: lists, t. r.10o14
h 2 1st (Den. Do. 5s, |. r.. 439z
Div.) t. r.......112 Reading Is -. S59s
La. H. con. is. .leOssR- G. w. lists. 49,
L. & n. Uni. Is. S694 Union Pac. Isis .lO25z
NJ; K. & T-2ds.. 64.2U: p. D. & G.
Do. As ......... S712l lists ............ 81:
NEW YORK CLOSING STOCKS.
Atchison ........ 12A Pittsburg .l67si
Preferred .-... 29s4 Reading ......... 2l$s
Bait. * Ohio. l2l4 Rock Island -. So.
Can. Pacific -. S0ss St Paul ..... 9l%.
Ches. & Ohio e. 2214 Preferred lip
Chi. q Alton. Ill Tex. Pacific. y
hi. Is. q O.. 97l2 'Union Pac. t. +. 25s.
De-. & Hudson -loS12 I P. D. & g..
Del l.. * W.....150 Wabash ....... Il.
Preferred 49,. 45s4 Adams Elk. .15G
Ft Wayne .....l69si American 116
Ct. Nor. pref d. 1870 United States. 40
Illinois Cent. .l02&i Wells Fargo....ll1
AXE Shore In Col. f. ~ Iron. 225.
Mich. Cent. 1922 Preferred -. 70
Mo. Pacific -. 1894 Gen. Electric . 331s
Mo. X. q t.. 1872 Lead ......... 35i
Preferred 80. 56ls Preferred .104Il
n ]. Central. SIS Ore. Imp. Co... 1871
n. Y. Central ..l01$s Pullman Pal. .l72
Nor. W est. u Silver cert. 599:
No. Pacific -. 201a Standard Rope
Preferred 49,. SIP * Irvine -. az
O. R. d M. 371a Sugar ........... 144I!
.. S. l.. 1900. 1879 Preferred go. .1l4ll
NEW YORK MINING STOCKS.
S ShoIi0r po;at 80 80 Ontario ..-- .
Con. Cal q Va. l 10 Plymouth ....... 0,
Deadwood 800. l 90 quicksilver go. o.
Gould * Currie. 10 Preferred 49, o.
Hale q Norcross l Is Sierra Nevada. 1,
Homestake 80 00lStandard ........ 81
Iron Silver $40. 35lUnion Con. -. L
Mexican ........ 22lA GLOW Jacket. -
SAN FRANCISCO MINING STOCKS.
San Francisco, Dec The officfa
closing quotations for mining stocks to-
day were as follows:
Alta .............. Al Hale & Norcross 1 g
Alpha Con. 49,. 7Julia .........
Andes ........-... 10 Justice ......... s
Beicher .-.-..-... i Lady Washing
Best * Belcher. 81 ton Con. -.
Bullion -.-..-.-.- SMeXican ........ .
Caledonia .-..... 1IOccidental Con-. l 8
Challenge Con-. 24Ophir ........ &
ChOllar -........- Il OVerman ........
Confidence 800. "A POtoSi ......... 81
Con. Cal q Va. l p Savage .. D
Con. imperial. 1Sierra Nevada. 5
Con. New York Silver Hill .
Crown Point e.. II lnion Con- 49, 9
ENchequer Yellow Jacket. g.
Gould 4 Currie. Il Standard -. ! 81
Coffee and Sugar.
New York Dec. Coffee option,
opened irregular at UNCHANGED prices I,
10 points advance; closed firm with a ne
gain of ; to 10 points. Sales % $50 bags
including March 6.00@6 05
Spot coffee, Rio firm; No. Z. invoice. e15
No. Z jobbing, z; mild steady; Cordoya
SI5@15
Sugar, raw, firm; fair refining. 32s. cen
trifugal 96-test, 3 l5-l6; refined, firm.
Silver in London.
London, Dee. z-silver. 2794d. Consols