The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-04-16
Talk of Intervention Gave Bulls a
Chance TO Boost Prices.
BONDS OF TWO NATIONS
WHAT CAUSED A RALLY IN THE
BoURSES YESTERDAY.
More Active Selling In the Final
Hour In the Faith That the Sen
ate Would Take Action Before Ad-
journing-Supply of Currency
Scarce-Bonds Dull.

New York, April 15.-Professional trad
ers bought stocks this morning, causing
an advance in prices Of n point or over
in the speculative favorites but most of
those takings were sold again before the
expiration of the days session. carrying
prices back over their own course and
leaving net changes in almost al cases
insignificant but with small gains pre-
Va:ling. The party on the exchange Whlcn
es 1ouSed the bull side yesterday louhu
cause for Encouragement in the advance
in the price Of Americans on the London
exchange this morning. Other european
bourses also showed firm tendency Tor
Americans and Spanish IS rallied from an
early depression before the opening u
trading here The cause of this strength
was from rumOr that the powers hdQ
interviewed between the United States ana
Snain and that the Cuban insurgents
had agreed to an armistlce. rms ruhlor
seemed to have great force IN foreign
circles. and effected syinpathetlc rise
here at the opening, which was asSlSIeu
by the professional manipulauons. ke-
ports from London indicate That there
has been extensive dealings in Americans
on that market and today's demand in
large part from the sellers of these
options for the purpose of covering their
contracts
NOT IMPORTANT.
Whatever credence attached to the in
teI.vention sthpory abroad 1t was not
the buying movement was quickly eX-
hausted. The midday period of intense
dullness and sagging prices gave way 10
a more active selling movement IN IN
final hour on belief that the senate would
take action before adjournlng- inc DEN
mite Information from London that
Great Britain would refuse 10 join in a
naval demonstration in behalf OF Spain
and the Austrian ambassador open
avowai thal he had given up hope OF
Europe preventing war, was not received
in Wall street until after the close
Neither was nthe news that the regular
army had been ordered to the seaboard
wide movement of prices indicated
small floating supply of stocks. holding
maintaining their waiting attitude.
CURRENCY SUPPLY.
The money market continued firm today
and the demand from the interior con-
tinued undated. The supply OF currency
has become SO scarce that some of the
city banks ar shipping gold in response
10 the interior demand Further en-
Sagements of nearly S1,500.Op0 in gold tor
import We're made today notwithstanding
the hardness of the London money mar
ket and the Discrimination of Paris or
Berlin TO supply gold
The Paris exchange on London as 4
result jumped ~ confines to Is frames.
36 centilnes, an advance of six confines
The bond market was duh and about
steady. Total sales. Sl,475.009.
United States 5s were lever t9d ;y
old is registered Il higher bid
MONEY MARKET
Money on call easy, 2G3la per cent; last
loan. > per cent. Prime mercantile paper,
5lAN6 per cent Sterling exchange,
steady, with actual business IN bankers,
bills at 4S}l4 "a. S3ls for demand, and
4.19%la4S0 for 60 days. Posted rates, 4.S0i@
N4.Sl and 4Sii2. Commercial bills, 4.1012.
Silver .eerpilcatesss 95stG091A Bar silver
Government bonds. Irregular: state
bonds, dull: railroad bonds. dull
SALES or STOCKS.
The total sales Of stocks today were
205.01t including Burlington. i4250: l. q
y, Alp: Manhattan. us. metropolitan
street railway. $40: Northern Pacific pre-
ferred, 6,424; Rock Island. 4.23J: 81. Paul,
Is COS: Union Pacific preferred. 10 29I; L.
P. L. & c.. 34.474; Tobacco. 1880. Sugar.
IS $50.
BOND QUOTATIONS.
DO COZ COUP - ri Nor Psc ' Isis St lib
10 ts; ......,I IIS DO 49,. ;,i
IS reg. HOS y W consols lii.
10 5s coup LIP Do deb 5s ......ll6
Can So So ends Io5 Q Nav is's III j.,
8; r q Is go. S9Is 0 ) = Is ....12O
Fl & c 5s -...ne o S l. 5s r. s7Is
Do con 6s.. ....iC3 o Imp lists los
La new con Is. 97la Reading 4s.... ~
n X & 2nds ;. 594I; ? p s c lists q
DO Is. S0s4 4 p Is ..--....-.. 80
NJ Cent lists ia Il p pfd.. .....- 527s
STOCK QUOTATIONS..
AtchisoE e.. ...... 1l1s 81 Paul. =. 80. S3s
PrefeIred. 25A Preferred ..1il3=
B,tiIere c o - 7 "a 50 go re- ,c $500 IA ~
Chgs 3 Ohio. e. lS4l Union Pac.. 52zzs
CT; & Alton .-.l55 = D & c. rs
e.. ,S ~ W562sh h, ---.-- SIS
Del L q W......14i5h Adams Ex.. lea
& r Co.. 1855 Am Elk. .....120
Preferred 49, niLec states 81
F. Wayne ....ld5 Wells FarEc.- Iii
G.. Nor pfd.. ....1iI Cot + & I-on--.- 1Sl2
III Cent ..-... 9Siz Preferred 70
Lake Shore .. $50 zen Electric. 31la
Mich Cent 81. ....l02 Lead =. 5000 S0i2
Mo Pac . ......- 20 Preferred O.. o.. 29i2
II h * ....-.- 10, Ore Imp Co. "A
Preferred O.. o.. $780, Pullman Pal .-l12
Cent $3.50. SUI Silver Cert 49, oSls
V Cent e. ....ll0la s. Rope Il Irvine 81
Nor West II sugar ;--...-- ll6le
Nor Pac ........- 223s Preferred ..l01
Preferred o.. q. 6l3s West Union S5i2
, X * n. 1850. 1872 = & \ " --.-..117l2
o l.. =. ....... . Preferred e. LIP
Pittsburg.. o.. los 4 G " 49,. .
Rock Island e. e. s. Reading lists pfd SS14
NEW YORK MINING STOCKS.
Chollar 50 Ontario ..-.-. 20
Crown Point. 10 0phir - %
Con Cal & Va. 20 Plymouth. - y
Deddwood o.. 80. 70 Quicksilver .. e.. 100
Gould < Curry. 10 Preferred :. =. go
Hale x Norc.oss 10 Sierra Nevada q. 20
TTomestake -. 90 Standard Leo
Iron Silver e.. e. 3 Union Con 80. 20
Mexican e. e.. .... 20 Yellow jacket o. L
SAN FRANCISCO MINING STOCKS.
San Francisco. April l5-Thc official
closing quotations for mining stocks to-
day were as follows:
Ala ~. 24Kentuck Con go
Alpha Con. . Mexican $50. IS
Andes .. . 80. i Occidental Con. .. 50
Relcher.. O.. o.. .. "a Ophir 800. IS
Best (, Belchcr.. s. Overman q. 6
Bullion e. 2Potosi 30
Choilar.. y Savage Il
Con Cal & Va. a Sierra Nevada o.. T3
Con Imperial =. Union Con ...... 3
Crown Point 80. 12Ctah Con ---.-..-
Gould & Curry. II Yellow Jacket . y
Hale & Norcross 20 Standard 1.60
Justice 10