The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-11-10

Good Demand.
New York, Nov. s.-The market was
very active and decidedly irregular dur
ing the morning session on the stock ex-
change, and at one time the list took on
quite uniform evidences of strength and
even Duoyancy. But by 1880 O'Clock the
demand Tor securities seemed SatiSned
ana the market fell into dullness ana
somewhat Teactionary tendency. London,
IN spite of dizziness and heaviness OF the
general market had confidently marked
up prices of Americans yesterday and to-
Gay, while the New York exchange was
not IN session. The British Interpretation
ana understanding OF the American elec-
tons, always more or less obscure ana
confused probably prompted them TO 90
TINS. The opening here aid not fully res
pond, prices showing below the London
parity. The international arbitrage bro
kefS seized this opportunity to cover sales
made at a higher level in London.
number of the internauonals saSged
quite sharply Immediately after the OPEN
ing. notably ST. Paul, New York Central
and the Pacifics The buying for London
account was the determining factor in
IaIylng these stocks and carrying the
whole market to a higher level. Even
Sugar. which opened down over point,
scored a full recovery.
The commission houses are busy with
buying and selling orders, and large oper-
ators openly bid up their fayOrites. With
the cessation of the London buying about
noon and with q, renewed break in Sugar,
which had proved a. heavy load to carry
all morning, prices began to drop of, the
decline in the railroads ranging all the
way from & fraction to ~ per cent. In
the market leaders among the railroads,
sz1oWeVer, there was little effect produced
Z ieithe- by the above factors or by the late
= weakness in Manhattan, which fell rs.
Sugar continued its downward course 10
the extent of 81 points and closed near
the lowest. The announcement of the cut
IN the product and the output of new re-
nneries coming TO the market was the
cause of the weakness, ana the bears
We're also active, judging from the high
loaning rate for the stock The weakness
O1 Manhattan was associated with the
stockholders annual meeting, although
the yearly statement of earnings showing
4.16 per cent earned for the stock, was
better than Wall street had expected. In
the railroad list, however, the closing was
generally steady and at net gains which
reached a point in some cases.
The bond market continued active and
strong, and the per cent issues added to
the notably active list were the Louisville
Unified bonds and the Kansas x Texas,
St. Louis * San Francisco and Denver &
Rio Grande issues. a number of the
speculative bonds, including the Atchison
adjustments, the Oregon Short Line in
come issues and the Texas & Pacific sec
onds, were also active and strong. Total
sales. IS. 10000.
United States new As, the old As regis
tered and the 3s coupon advanced Is, while
the IS declined Il and the 5s coupon Is per
cent in the bid price.
The total sales of stocks today We're
499, 700 shares, including Atchison pre-
ferred 49, 95, Burlington, 1880; Denver <
Rio Grande preferred, APO; Louisville &
Nashville, q. 220; Manhattan. % $40; Metro
politan Street railway, 1S41S; Northern
Pacific, 2l.520; Northern Pacific preferred,
1920: Rock Island, q, 0S5; Union Pacific,
S.S4e: Union Pacific preferred, 24S69; St.
Paul, 1920; Southern railroad preferred
14215 Tobacco, 20,150; Federal Steel, 1886
Federal Steel preferred. 1885; Peoples
Gas, 9,24o; Pullman, BOD; Sugar. 62.593;
Tennessee Coal & Iron, 1850; Rubber,
BOND QUOTATIONS.
L. S. Ss.........l05la Nor. Pac. 1sts...117
L. S. new As reg. 1854 Nor. Pac. 3s...... 66s4
y. s. new As cou- I2S5s Nor Pac IS 1 lol "
L. S. 4s cou.... HIPS Nor. & w. 6s 40
L. 5. 2s.....-.-... 9Sl2 n. w. consols ...14l12
IL S. SIS reg......1117s n. w. deb. 5s. ..ll7l2
, "a 5. 5s cou......1l2 Ore. Nav. 1sts...1 ia
Aftchison As 49,. 97AO Ore. Nav. 4s.....101
-Atchison adj. Is. 6si2 o. S. L. Is, r. 1898
Canada So. 2ds..109 20. S. L. 5s. r..10732
c. & n. P. 5s. S024 Pacific 6s of '95. 1929
c. & o. 5s........1 15lai Reading As 49,. Sl$s
C. H. & D. 4lks. 1045s R. G. ". lists. 80 :
ID. & R. G. 1sts..1 SLAIN. con IS. IS
D. & r. G. 4s.... 9712 lS.L. ST. gen 6s. 1909
East Tenn. lists. .107lsiSt p. Con.......160
Erie Gen. 4s..... 69% lSt.P.C & 2. lists. 1872
W.&D.1sts 7. " lSt. p. c. d P. 5s. 1lSss
Gen. Electric 5S.l09A So. Ry. 5S.. .10115
c. II. & S. A. 6s.105 Stan. r. & T. IS. S01a
q. II. & S.A.2ds.l04 T. p. /. G. lists. .109l4
H. & T. c. 5s.. .1153s 7. p. Rg. Ids. 45i4
H. &, T. c. en- 6S.110l2 L. p. lists .10l Z
Ia. Central lists. 1852 [. D. & G. lists. $685.
i. * y. Dn. As. 80 Wabash As ..... .1111a
NJ K. a. 7. Eds. 64S4 Wabash IDS ..... 90
NJ. K. & T. As. 91l5i West Shore As. HOGS
n. y. G. lists. ...l7$4 Wis. Cent. lists. 6015
n. j. c. 5s-......1l33s
NEW YORK CLOSING STOCKS.
Afchison .;...--.- g. j St L & s. F.. !Slt
3. & O....-....... 45Ss ID preferred. 80
Canada Pacific. S2A St. L. d S W.. S
Canada So....... 535s Preferred 49,. 12Ilz.
Central Pacific. 26 st. Paul ......... III >
Ches. & Ohio.... 221s Preferred .l6l1h
Chic. & Alton. .-l52 st. p. q o.. S21z
C. B. & .1i6i5 Preferred .161
c. & L. 49,. 50 St. p. NJ. & NJ. 40
Preferred .....106 So. Pacific 800. 221!
Chic. @. w.. Az So. Railway -. Sss
c. 1. & L........ ~ Preferred 49,. 3524
Preferred 800. IS Tex. & Pacific. l3ss
c. & n. W.......15415 Union Pacific... 321i
Preferred .....l74 Preferred 80. 65ls
c. c. c. & St. L. 9e2A q. p. y. & c.. 5ss
Preferred ... Sc Wabash ...... "a
Del & Hudson. 9S5s Preferred m 2g$s
D. /. & Will w. & L. E...... 8
D. & r. Co.. 1914 Preferred 49,. 16s;
Erie new 49,. 12i2 Adams Express. 109
LIST preferred. 322z American Exp. .l49
Fit Wayne.....174 u. S. Express. 43
CT Nor pref. 1882 Wells Fargo .12I
Hooking Valley. %. Am. Cotton Oil. 363.
Illinois Central. .109I2 Preferred 49,. ST.:
J.. L. & W.. 1872 Am. Spirits go. 1033
As6erred 80. 61% Preferred 49,. 3S
Lai3s Shore .-...lg21s Am Tobacco ..-1S9A
Y N........... 1915 Preferred .1251y
Manhattan L.. 1875 Cons. Gas ......l4
Met. St Ry.-...16S Com Cable Co. .I79
Mich. Central. .10T12 Colo. L. * L.. 23l.
Mimi & St. J.. 1884 Preferred 80. 50
ist preferred 90I4 Gen. Electric. so
Mo Pacific. 80 Haw. Com Co. So
Mobile & Ohio. 244 Illinois Steel. .101
NJ *. & r.. 10ss Int'nl Paper. sou
Preferred 49,. 2fS4 Preferred 49,. IS
y. J. Central. S62A Laclede Cas- As
n. Y. Central. ..1l5s4i Preferred -. .1101!
n. Y. c. & st. L. L Lead ............. 32ll
1St preferred. 20 Mimi. Iron-......137
I'd preferred. 33Ik Nat. Lin. OIL. Sc
Nor. West........ Is Pacific MALL 231.
No Am. Co... 6l< Peoples Cas-. .I04
Nor. Nacific -. 405s Pullman Palace. 1891
Preferred go. 7e5a Silver Cert. col:
Ontario q W.. 1413 Stan. R. & t.. III
Q. r. & NJ. Sc Sugar ............ 1928.
Ore Short Line. 2SI5 Preferred lilo
7. c. 1st pref. rs Tenn. c. q L.. 30
I'd preferred. IS L. S. Leather. 6lz
PittSbUrg ........1 ia Preferred 49,. 665l
Reading ......... 16 Z. S. Rubber. -. Al
LIST preferred. 3Si5 Preferred 1927
r c.. W.. q Western Union. 92il
Preferred 49,. 80 Federal Steel.... 81
Rock Island.... .1e4 Preferred 49,. 76ll
NEW YORK MINING STOCKS
Choliar .---.-..-- IS Ontario .......... 4 o.
Crown Point. II Ophir ............ x
Con. Cal x Va. 50 Plymouth ....... II
Deadwood ....... IS Quicksilver 49,. 2;
Gould & Curry. "A Preferred ...... OF
Hale & Norcross 90 Sierra Nevada. 81
1iomestal5e .-....5O 90 Standard .... / Il
Iron Silver ....,. 67 Union Con-. p
Mexican "a Yellow Jacket. 1!
SAN FRANCISCO MINING STOCKS.
San Francisco, Nov. 9.-The official clos.
ing quotations for mining stocks today
We're as follows:
Alta tfIaSLiEe
Alpha Con-. 5Kentuck Con-. l,
Andes ........... 12MeXican ........ q
B,elcher ......... 26 Occidental Con-. 4