The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-02-08

very heavy and aggressive. and reas-
surfing reports We're given out that this
security was not likely to be deprived
I OF its right of exchange with the reOT-
ganized Union Pacific securities. This APP
| parentiy failed to rally the stocks of the
company and they were heavy all day.
! the preferred going off at one time rs
/ and the common a point.
HEAVY STOCKS.
Missouri Pacific showed a recurrence of
/ Its recent weakness and declined at one
time a point below Saturdays close. Lake
Shore. New York Central, Northern Pa
/ CHIC preferred. and other recent favOrites
showed the effects of a continuation of
profit-taking. The coalers and the grang-
ers were in the main heavy, Northwest
being an exception. Northwest preferred
action. Quite a number of stocks showed
gains at the opening. but as a rule subse-
| quent declines wiped them all out A few
STOCKS We're conspicuous for very vigorous
movements This was notably the case
with Metropolitan street railway which
was at one time "a above Saturday
close, but which reacted 49, Norfolk &
Western preferred was quite strong all
day, and advanced at one time 3Ss react
ing fraction on profit-taking Michigan
Central also renewed its INTERRUPTED ad-
vance, and is Ia higher for the day
There were some sharp gains also in the
usually inactive high priced securities
The feverish and unsettled condition of
the local corporations was noticeable in
the closing dealings.
BOND MARKET.
Although the stock market was not
lacking in activity and interest, the bond
market continued to absorb a large share
OF attention and to show great strength
There We're some five separate single
transactions in blocks of a par value of
100000 or over Three of these were in
the Atchlson adjustment As, the total
dealings in which footed up for the day
Sl,O9I, 900. The recovery in Kansas Pacific
ruht
100000, which was taken by one dealer
There was a Sl25. 600 block of the new
Union Pacific Is sold during the day.
Numerous sharp gains are recorded all
through the bond list. Total sales. 81. 500
600.
United States IS were 4 higher and the
Is, both old and new, were Is higher bid.
MONEY MARKET
Money on call easy, IL per cent: last
loan. IL; prime mercantile paper, 3G4 per
cent.
Sterling exchange strong with actual
business in bankers bills at 4.S5nGAS5ss
for demand, and 4.s3d4. S3is for 50 DAYS
4S2d4. S25s.
Silver Certificates. 56Ika571s. Bar silver.
56l2 Mexican dollars 1855
Government bonds strong. state bonds.
dull; railroad bonds, strong.
SALES OF STOCKS.
The total sales of stocks today were
t-A,V' SHARES. including AtchlSOn pre-
ferred, 25.02O; c. b. * O.. S.025: Burlington.
2. so; Erie preferred. $40; L. & F. w.
$500; l.. x N, -5.49l: Manhattan. 3 80:
Metropolitan street railway. TO- 500: Michi-
gan Central, 1921; Hawaiian, $40: Mis-
souri, Pacific, 3.675: New York Central.
Is, 293; Northwestern, 2,122; Northern Pa
cific. II ,030; Northern Pacific preferred
10, l29; Rock Island. 4.G56; st. Paul p 09O:
Southern preferred, 3. 30: Union Pacific
1880: Tobacco. $3.50; Chicago Great West
ern, $3.50; Ganeral Electric 17.O5S: Sugar.
2, SOl; Leather preferred, 1850; Western
Union. 1850.
BONDS.
Z. S. n. As. reg. 12Sss N. Y. c. lists. .117y
Do. coup. ..-.-..-12S9s N. ]. c. 5s....Il4it
=; ,. As. 49, ii5ss No Pac. lists. .11S1s
Rou' Soup' --'Idddd7s 10 IS ---------- 81
DO, zds- -lO0 Do IS ........ 97is
I; D 5s, reg-,---l13A Nor. & w. 6s.. .f24l5
Do 5s, coup, .11324 n west cons. 1929
Can. So. 2ds.... .11OIe Do. deb. 5s..1iS
d. & r. G.. lists 109Is o. Nav. 1sts-115
- & K e. IS 95l4 Q. Nav. As ...... 961s
IL & l. G 5s--l10 o. 5. L. IS, I. TIPS
Don. con- 6s.. JOG o. s l. 5s. t. r.1OOls
Iva G. 1sts.... 1908 o. Imp lists 112iL I
X. p. Con. I. r.111 Do. IS. t. r. coz
X. P LIST (Den. Reading As 49,. Sf5t /
DlvD L T. -...122 Z. G. w 1sts SIS
La n cons. 4s-lVZ52 Union Pac. 1sts.12 /
L. & n. Uni. Is. SSsi IT, p d. & G.