The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-11-22
STOCK MARKET UPSET
News From Paris Checked the Up
ward Movement.
PRICES MELTED AWAY
TaADERS TURN SELLERS AND
ORDERS ARE WITHDRAWN.

ouC the market was neglected
and Closed Lower-Atchison and
Peoples Gas Were Exceptions
Large Demand For Bonds.
New York. Nov 21.-The upward move
ment of prices in the stock market was at
full tide today when the afternoon special
editions brought the Paris bulletin to
the Associated Press, announcing that the
president of the Spanish peace commits
sion had declined to- proceed with the
negotiations after the presentation OF the
United States commissioners final terms.
The professional room traders turned sell
lers Immediately and the large buying
orders which were being executed All
around the room were apparently With
drawn.
Prices melted away quite rapidly-i in this
condition of affairs, declines reaching
nearly point in many cases. Supporting
orders We're then placed in many o. the
leading stocks and the decline was
checked. There was no apparent dispo-
SitiOn to continue the buying movement,
however, and for time during the last
hour the market fell into almost entire
neglect. This condition Of affairs invited
renewed short selling and the drift was
slowly downward to the close. The result
is that many stocks which were not con-
spicuously strong in the early dealing
closed lower than on Saturday, Wnlie the
notable advances in the leaders are much
reduced.
Atchison preferred easily continued its
leadership of the railroad list and made
its way through a flood of offerings up
21s points to AS before the Paris news
checked the advance; Peoples Gas re,
tiecJed also a Very heavy, demand and
rose at one time 21s, but saved less than
X Point in that gain.
Sneasiness over the money situation in
f1erlin and the approaching maturity of
large obligations there had apparently
subsidized. The northwestern railroad
stocks were relieved from pressure and
the threatened rupture between Northern
Pacific and Oregon Navigation fell into
the background. There was very large
and web distributed demand for BONDS
and some sharp advances in prices re-
suited, which were maintained to the
close in spite of the weakness in stocks,
Iotal sales, $4460,OV0. Y; >. As registered
and 5s coupon advanced Il and the Is and
IS coupon, the old and new IS registered
and the 5s registered Is in the bid price.
The total sales of stocks today We're
Atchison' preferred, $3.50; Burlington,
10 Cos; D. & r. G. preferred, $500; Man
haitian, %. 800; Metropolitan Street Rail
way, $50; Missouri Pacific, S.ol5; Northern
Pacific, lI,7S0; Northern Pacific preferred,
6.22S; Northwestern, 6655; Union Pacific,
5000; St. Paul, 81, $50; St. 2. & o., S.S45;
Texas & Pacific. 1890 Union Pacific pre-
fcrred, i. 749; Tobacco, u, APO; Federal
Steel. $3.50; Federal Steel preferred, II, 76S;
Sugar, $500; Chicago Great Western.
Il AGO.
BOND QUOTATIONS.
Z. S. 3s...........l0 512 n. J. c. ....19ik
U. S. new As cou. l2712. Nor. Pac. Ss..... 66a4
u. S. 4s..-.......11112 Nor. Pac. 4s.....10lA
L. S. as cou.....112 N.Y.C.&StL. 4s.10512
L. S. 2s.......... eS2s Nor. & w. 6s.. ..l22@
y. 5. 5s req HIS \. w. consols.. .142
l.. $. 5s cou.....112 n. w. deb. 5s.. HIS
District Cos. .11S12 Ore. Nav. lists.
Atchison 4s...... 91$4 ore. Nav. As. .101R
Atchison adj. As. 1922 .. S. l.. Is, [. T.. 1894
Canada So. DDS 10g9s o. S. L. IS, t: ..10Sl5
G. & Q. 4i2s.-... $50 Pacific is of '95. .102Ys
c. & O. 5s.......1l6 Reading 4S....... S5ls
Chic. Ter. 4s.... 9l59 r. G. W. 1sts.... 9O24
c. II. & d. 416s. .I04ss SLAIN. en-. 5s. 97la
D. & K. G. lists. lie S.L.&S.F. gn. 6s.121
L. u r. G. As. 1885 St. Paul Con. ...169
East Tenn. lists .10I Sup, exp lists. .120t
Erie Gen. 4s....-. 121z St.P.C.&P. ....u9
=. W. \ D. lists. 7S94 50. RAILWAY IS. .l02l4
G. III. & S. A. 6s.l05 7. 2. L. G. lists. .169
G. -. x S. A 2ds.104 T. 2. Rg. 2ds.... AIS
IA T. G IS; no Union Pacific 4s.10l%
HE d T. c. en- oslo U.PD. sc. lists. S72s
Ia Contra, lists. 105 Wabash 1st 5s..111
l. & n. In. As. SO Wabash 2ds..... 91B
N. K. & T. Eds. SOS West Shore As. HIS
NJ. X. & T As. 913s Wis. Central lists 62
n, Y. c. 1sts... .1JS3s
NEW YORK CLOSING STOCKS.
Atchison 800. 1914 Rock Island. ..1OS1z
Preferred ...... ass LIST preferred. 63
Canada Pacific. S49s Preferred 80. 1S$i
Canada So....... 541I st. Paul .......113lk
Central Pacific. . Preferred ......162$4
Ches. * Ohio. 229s St. p. & Omaha. $50
Chic. x Alton...l5S Preferred ......167
c. B. q Q.....-..uS55 81. P. NJ. & M..172
c. a. e. I...-.... 80 So. Pacific 49,. 25I5
Preferred .l0yl2 So Railway -. 99s
Chic. O. W......105ls Preferred 49,. 3S1a
C ! q L. Texas 4 Pacific. l6
c. x n. W...-..1405s Preferred 49,. 67s4
Preferred .-....1S5 [. p. D. & c.. as
c; c. c. q st. L. 4094 Wabash 49,.
n Pre5 f H@d:on son. 81 g Preferred s. 2 23
Del l. az Will Preferred 800 1915
d. q r. c. 1918 Adams Express. 10S
Preferred ...... 81 y American EXD. lao
Erie new ...... 1875 e S. Express. "A
LIST preferred. 3S5s Wells-Fargo ....I25
It. Wayne .....174 Am. Cotton Oil. 32iA
CT. Nor. pref. ..l39 Preferred ...... 961a
Hooking Valley. Am. Spirits 49,. 11%
Illinois Central.1ll12 Preferred ...... 34ja
L. Z. & w.. II Am. Tobacco. 13S
Preferred 800. 63 Preferred ......127
Lake ShOre......19S Cons. Gas........1S6
1. x N............ 609s Com. Gable Co. us
Manhattan L.. So Colo. +. q L.. 2215
Met. ST Ry.-...-1I5 Preferred 800. Il
MINI. < St. L.. 271a Haw. Cont Co.. 45
1st preferred. "a Illinois Steel. .104
Mo. Pacific...... 361s 1ntnl Paper. 6l15
Mobile & Ohio. y Preferred $40. 9115
NJ. x. & t.. 1l& Laclede Cas-. IS
Preferred ...... 3414 Lead ..........-.. 34st
N. J. Central. IS Preferred -. .1l254
n. y. Central. .1I794 Minn. Iron.......l3S
N N. G. x St l. 13s4 Nat. Lin. OIL. 81
1k preferred. Il Pacific AIail..... 2Sl4
"a Preferred. S5l2 Peoples Gas. 49,. 110Ik
MR.. West...--.. Is Pullman Palace. 1873
No Amer. Co.. 65s Silver Cert....... G015
Nor. Pacific. 40 stan. r. & t..
Preferred ...... 75ls Sugar ............i22
Ontario * w.. 1872 Preferred 49,. lily
o. r. 6 NJ. SO Tenn. c. & L.. 30lE
Ore. Short Line. % u. S. Leather -. e1s
7. {. LIST pref so Preferred ...... 664;
2. c. I'd pref. IS {. S. Rubber -. y
PittsbUrg .......ll2 Preferred .....-104lz
Reading ......... 1914 Western Union. 1885,
St. L. q S. F.. rs Federal Steel. 311s
Preferred ...... G. Preferred ....-. 74ss
% preferred. 9I%s Brooklyn +. t. 6S5s
NEW YORK MINING STOCKS.
Chollar .......... % Ontario ..-....... 4 Oh
Crown Point. 20 Ophir ............ &c
Con. Cal. q Va. ~ Plymouth ....... Il
Deadwood ....... As Quicksilver 500. sc
Gould & Curry. % Preferred $50. sc
Hale s. Norcross I 90 Sierra Nevada. ! OK
EOmestal1e ......50 90 Standard ........ 81
Iron SILVER 20 Union Con-. q
Mexican .......... % Yellow Jacket. L
SAN FRANCISCO MINING STOCKS.
San Francisco. Nov. H.-The official
closing quotations for mining stocks to-
day We're as follow
Alta .............. ID ulia ...........
Alpha CON- 81 Justice .......... q
Andes ............ lUl entuck Con-.
Belcher .......... "a Mexican ..... D
Bestt& Belcher.. 3, occidental Con- s.
Bullion .-...-..-.. 81 iDfiir ............ II
Caledonia -.-..... 81 Dverman .......
Challenge Con-. - Potosi $500. Il
ChOilar .--.--...-- Z9lSaTage ........... q
Confidence 800. 8SiSserra Nevada. / i
Con. Cal. & Va. ] 25 Union Con-. 8:
Con. lmperial...- utah Con ....... i