The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-10-21
Brisk WHEAT MARKET
Foreign War Rumors Cause a
Strong Export Demand.
STOCKS SHOW FIRMNESS
RAILROAD LIST MANIFESTS UNI
USUAL STRENGTH
London Reports Depression IL All
Lines, Owing TO Unsettled Polit-
ical Conditions-New York Metal
Market Exhibits Firm Front
Live Stock Centers Are Active.

market Exhibits a Firm Epont-
Live Stock Centers Are Active.
New York, Oct 20.-ConslderIng Inc
apathy and indifference which nave re-
cShly been asserted on the STOCK marhe'
The resistance made today on Inc de-
pressing influences existing in all o. Int
security markets was rather remarkable
ENeh at the opening prices refused to
Lonuon Tor Americans. but our opening
ana the rather heavy volume OF offerings
Tor London account was easily aDSorpet
at level sufficiently nlgner Ic MAZE Q
very nice profit for the arDltraGe Drohu<s
AFTER the London selling had ceased III
the forenoon. the market TOOK on a nard-
ening tendency and Droadeued out 10
Very precepuble extent.
Prices OF the grangerS and otnec ram
foac stocks, including some OF the nsI ol
nose dealt in in foreign exchanges, rose
above yesterdays level, or az the ieast
retrieved the earlier losses. Many recent
ly inactive stocks We're brought INTO the
movement and there was resumption OF
TIE buying IN small lots OF some oL tne
Well secured dividend paying STOCKS me
explanation of this lay in the fact that
what Is European poison is TO a CERTAIN
extent our meat.
A striking evidence of this was disclosed
IN the grain and provision markets, Whlce
We're all excited and higher on the eager
competition OF our products reHScteu
from all European markets as result OF
the fears of coming nOsulJieS between
treat Britain and france, with wheat
crop Of unprecedented dimensions TO
move, this development was found 10
nave an influence Oh the grain carrying
roads. In former times threats OF war
IN Europe mad brought with II the dread
mat the large foreign holdings OF Amerl-
can securities would be forced 10 uqul-
date on the New York market Inc IN
dllerent mood N which this possibility
was viewed today is a striking proof OF
the large reduction which mas been
worked in the foreign holdings of our
securities as payment for last years large
trade balance in our favor.
European government securities declined
a sharp fraction and money rates ad-
Nanced In sympathy at all European CEN
tiers; Yet the only effect in the New York
market was to harden the rates for for
eign exchange a fraction. As for the local
money market, not Il ripple was CAUSED,
and dates for call money actually de-
clined to IL per cent against the recent
minimum of per cent, with a range up
70 ~ per cent. The strength OF this
cOuntry's financial position could not be
more strikingly illustrated. Sugar found
support at d moderate decline and Ic-
bacco was firm all day.
The market for bonds was not active,
bat prices were well held. Total sales,
S,765.o00. L. s. Is declined y. the IS
coupon Il and the old As registered and
the new Is coupon and the 5s registered
Is in the bid price
The total sales of stocks today were
1874 shares, including Atchison pre-
ferred, 1913; Burlington. 3,72S, /. & N,
9, 7S4; Manhattan. 1880; Metropolitan
Street railway, $3.50 North American
Northern Pacific preferred 4,499; Union
Pacific, 4Oj0; Union Pacific preferred,
$3.50; St Paul. 1882; L. 2. d. & e.. 400;
Tobacco, L, 100; Sugar, 1880.
BOND QUOTATIONS.
L. s. .1O51s Nor Pac 3s.. G65s
I. 5. n. Is e...l273s \: Y: c. & St.
L. s. Is reg.....1l 0%4 Louis As .I0424
L. 5. As coup. .11l2N. x w. 6s......123
L. 5. 2s..--.--.-- yS12 N0rthW. con. lib
L. S. 5s reg.....1llSiI Debenture .120ih
L. S 5s COUP --1l2s4 Ore. Nav. ls.--..1l4
7Atchison As 80. 933s ore. Nav. 4s-.-.. $685.
Adjustment Is. U&4 o. S. J.. Is, I. r.127
Can South. 2s. .l0Sl2O. 5. l. IS, l r-l06la
Chic. Term. As. 9OIs Pac. Is of g.. 102Ia
c, & Q, 5s.-::-.- 1l6 Reading IS ...... SOS
c. II. & d. 412s. 1O45s II. g. w. Is. 81
D. & r. g. 1s..1l1 st. L. & Iron NJ.
d. & r. G. As. 979s con IS ......... 967s
Erie Gen. 4s.-... 20 St l.. * San +.
Ft. w. & Den. gen. IS ........1l9
: lists. I. r.. 74l2 St. Paul con-. I5gIk
Gen. Elec. 5s... 1855. St. p. c. & p. 1881
G. II. x S. a. 6s.le4 Southern Ry. Is. 97lz
G. H. q s. A. 2s.l05 Standarc Rope
II. az r C. 5s...l1l & Irvine ....... 70
Consol 6s ..----1l0l2 T. p. l. c. 1s...i0I
Ia. Central Is. .l0514 Reg. 2nCs 800. Az
L. & n. L. As. 90&4 4. P, D. x q. Is 1864
NJ, k. & T. IS. 62Ia Wab. LIST 5s......1l3i4
NJ. X. a T Is. SSl4 Wab. ends ...... SSi9
n. Y. Cent. 1s..1l724 West Shore As. ..109%t
n. j. Cent. 5s.-ll3@4 Wis. Cent Is. 5SA
Nor Pac- 1s.---ll6la 1924
STOCK QUOTATIONS.
Atchison $500. 12ls st, ?. & O......l791A
Preferred 1885 Preferred .....15S
b. q o.. a southern Ry-... 81
Can. Pacific - l5i2i Preferred -. 333i4
Can. Southern. 51$4 Texas * Pacific 1875
Central Pac--.-- 24l4 Union Pacific, 81 Z
Ches. d Ohio. 2lisI Preferred -. 6sis
Chic. * Alton .l53 ~, p, d. * c.. !
g, b. * Q.---..ll49si Wabash -, TX
c. & Z. Ills..-.. % Preferred 80. 1872
Preferred -.-.-105 l"W. * l.. E.. 81
c. c. c. * St. L. 1874 Preferred 800. III
Preferred Sc Adams Express. JOY
Del. * Hudson. l02 Ann. Express. 100
D.. L. * W......140 u. S. Express 80
u. * r. c.. Ia w elis-Fargo Elk .l2O
Preferred 49,. ISIS Ann. Cotton Oil 35ik
Erie new ---- 1z-2l Preferred 49,. 50
LIST preferred. 223s Ann. Spiritss... AIS
FIT. Wayne I'LL Preferred 80 3fIl
CT. Nor. pfd. .lS5l2l Ann. Tobacco. ia
locking Valley. 3la Preferred --..--fl9
Ills. Central .-..1Ol%4 Peoples Gas ....l02%
L. Erie x W. 10 Cons. Gas ..-....l75
Preferred 49,. 6S Com. Cable Co I79
Lake Shore. ..-l9014 Colo. =. * L.. 26%
Louis. & Nash. a Preferred .. 50
Manhattan L.. 9ll4 Gen. Electric. -. 7SI!
Mt St. Ry.--...l5y Ills. Steel ....... %
Mich. Central. --l05 iL2clede Gas 49,. Il
Mimi & St. L.. 21Si Lead .....-..... 90
list preferred e. 90l2| Preferred - I0gIs
No Pacific -. BPS Nat Linseed Oil SO
Mobile & Ohio % IHaW. Com. CO. 43ik
n X. * t. 10i4 Pacific Mail 49,. 3l9,
F Preferred - 81. Pullman Pal.....I962t
Chic, lnQ- x l.. ~ ollNeT lOeTlS $50. 60
Preferred 49,. = y Standard Rope
\. J. Central. S5i2 * Irvine - 81
X Y. Central. .115is Sugar ..-.-.....fl2Ss
n. Y c. & st. L liz Preferred .l07I{
Ist preferred. so Tenn. c d T.. 265s
End preferred. 30 u. 5. Leather s
Northwestern =. II Preferred 49,. 6S5s
Nor Ann. Co... 6ls L. S. Rubber. IS
Nor Pacific 1885 Preferred 80. .lUl
Preferred 49,. l43s Western Union. 9l3s
Ont & Vest. 10 C. q n. W--.-..131
ore. R. & Nav % Preferred 80. .l76l5
O. S. L.......-... q st. L. q S. w. As
Pittsburg ....-...l69 Preferred 49,.
Reading $500. l6t2 r @. w.. q
Isl preferred 3gls Preferred 90
Rock Island .-lo0.s Chic CT. West. 1874
lst preferred. 62ss Pac. c. LIST pfd. so
2nd preferred. Zllg End preferred. 60
St. Paul .....-...l07i2 MINI. Trs........I75
Preferred .....i6l Int. Paper Co. s.
st. 2. NJ. & NJ .i6S Preferred 81
Southern Pac.-- 22l2
Fourth assessment paid.
NEW YORK MINING STOCKS.
chollar .......... .O5 Ontario .......... 3.75
S-41yrl' Point -. y Ophir ............ 40
-. C,al 4 Va 60 Plymouth rs