The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-06


New York. Oct 5.-Not in many
weeks has Wall street seen so dull a
day as this. It was offered as an e,--
PLANTATION tnat the eve of the Jewish
day of atonement called many brokers
and operators from the street; but
there was. apart from this. @ disposition
to refrain from trading and to leave
the market TO lie fali0W Tor time
Yesterdays sharp reaction apparently
adn0nished the bulls that the conda-
tons ere not yet ready for resunp-
ton of the advance. The faycrab be
factors which developed during the day,
although they affected for { time the
individual stocks to which they ap-
piled. were ineffective il causing
general advance. and prices OF most
stocks closed lover tonight.
STOCKS SCORE A GAIN.
Union Pacific vas exceptionally firm
and practically recovered from yester-
days decline. owing 10 the G4scredEt
attaching to reports CT an English syn
9ic5te-s Intention to outbid the reorgdfi-
izarion committee Of The approaching
foreclosure sale. Louisville ana SoNth-
EN- preferred we're sustained BY theif
good showing of earnings All of the
Traffic statements at hand showed nc
table increases in earnings, but not an
the stocks of the roads affected derived
any benefit. Union Pacific was assist
ed as we'll by q report that its differ
ences over the traffic exchange with
the oregon Short Line had been ad-
justed, and the latter sock was also
strong during the day. The principal
7 -,
the trading in them was largely based
on vague runners that had nothing 10
do with the general situation
Actual rates for sterling exchange
fell u for sight and Il for long. This
led to increased talk of early gold I'M
ports. IN this connection II is interest
ing to know that today's statement of
the weeks export Of general nerchan-
disc shows 4 decrease OF S4Se,fI3 from
last week, While that weeks imports,
Il VII be remembered, increased ST.
$50, 1864 over the preceding week. Ad-
dftiunal deposits Of gold which were
received from san Francisco were made
at Q clearing house bank today. and
the continued increase of the gold re-
serve in the United States treasury,
even in the face of an excess of DIS
bursements over receipts, is additional
evidence of the abundant supply of
gold at present in the country.
BONDS AND MONEY.
There was a falling off in the. activity
of the bond market but prices for the
most part were steady and in some
cases strong. The total sales were 81.
400, 600. Z. s. fours regular we're adj
Vanced &c. bid and 90 coupon &c bid.
The ives registered also rose 1sc. bid.
There was q sale OF the five coupons
at 1.151k.
Money on call, easier, at 21z@S per
cent. last loan, and closed at 1908 per
cent.
Prime mercantile paper, 1905 per
cent.
Sterling exchange weak, with actual
business in bankers bills at 4.S43S for
demand and at 4.S214 @4.S29s for 60 days.
Posted rates, 4.S3@4S4 and 4.S51k@4.86.
Commercial bills, 4.Sl@4.S119.
Silver certificates, 55@56.
Bar silver SIC.
Mexican dollars, 42&.
SALES OF STOCK.
The total sales of stock today was
SAG. 500 shares, including; Atchison
preferred, 5.S12: c. & O.. 1925; Chicago,
Burlington d Quincy, q, 155; C. c. C. 81
st. L, 10000; Louisville & Nashville,
500: Manhattan, 1880; Missouri Pa
cifc 1885; NJ. & O.. 425; New York
Central. 1920: Northern Pacific pre-
ferred, I5,204; O. & W, 10,140; Reading,
3,S51 Rock Island, 1921; st. Paul, 49,,
705; Southern Railway preferred, 6.S45;
Wabash preferred, $685.; Union Pacific,
90 800: American Tobacco 4100: Bay
State Gas, 1920; Chicago Gas, 80, coo;
General Electric, 1900; Pacific Mail.
ANS: Sugar. 2S.347; r c. G5 l.. 1850;
Chicago Great Western, 1890.
BOND QUOTATIONS.