The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-08-02
New Issue Advanced to l.O434 Yes
terday. ~
RAILROAD BONDS STRONG
GOOD BUSINESS IN THE REoR.
CANNED ISSUES.
Stocks Were Stagnant, But Showed
Some Improvement In the Later
Dealings-Reports From the Corn
Belt Damaged the Changers
Bear Attack On Sugar.

New York. Aug. 1.-The stock market
held hrm today against several aoVerSet5 "a
fuences and showed greatly improved de-
mand in the later dealings. The supply
OF American stocks left in the foreign ex-
change has become so much reduced and
dealings in them are SO insignificant there
that little account was takel of the fact
that London was closed today for its bank
holiday. Railroad stocks in the early deal
ings here continued to suffer from the
neglect which has recently made me mar
ket almost stagnant. The bears awaited
themselves of the qUietude to make an az
EreSSlVe attack. The speculation in sugar
was very feverish though the price did
not get far away from l59. The bears IN
addition had reports that the rams IN
the west had come too late to prevent Sc
riouS harm 10 the corn crop Prlces Ietl
quite materially below Saturday close
under this combined attack. but inside
support was forthcoming IN me STOCKS
which were most severely affected and
the shorts were driven 10 cover. making
the recovery in these stocks almost COM
piete. OF the GrangerS Rock Island and
Burlington rose from 10 las cents from
the lowest. and the southweSternS as a
group We're strong. The Rubber stocks
closed To-Day with gains OF . dnc ~ re-
speCtively. Pacihc Mail, Lead and Tobac-
so were strong features all day.
The stock market was also materially
in the afternoon. in which there was ac-
tive business, especially in the per cent
bonds OF lately reorganiZed roads and the
Junior issues which arc gaming III secur-
itY from the recent increases II earnings
Total sales, $.,I2C. 00e.
Government bonds were strong on the
peace prospects tOda5 although this
factor had only small influence in stocks.
The new government IS advanced to q
new Ligh level, allotments of subscrip-
tons selling at 104@4. l. 5. As, both the
new and old issues, advanced y, the IS,
when issued g, and the Is registered 4
in the bid price
2S5.5Q0 shares. including 8. 10 Atchison pre-
ferred. 70 {. 3. & O.. $500 Manhattan.
5.SH Northern Pacific preferred. 5,4Sl Rock
preferred 1850 Tobacco. 3,4S5 Peoples
Gas. 3.525 General Electric 1902 Lead,
1910 Pacific Mail. ., $50 Sugar 1O.0I3 I4eath-
preferred. B. 52 Western Unlon.
BOND QUOTATIONS.
L. S H. As r...l2714 Nor. Pac. Ss. 64H
~. 5. n. Is c....l27l4 Nor. Pac. 4s..... 9914
{. s. IS .....1l0I5 n. Y. c & ST.
I. S: IS coUp-.-.1l1 L. Is $3.50 .l0512
L. 5. IS reg......11124 NOrthw. .l41A
%U. 5. - coup. ..l11% Debenture IS. .II7%4
District 3 e5s. ZIG Ore. Nav. 10
Atchisou Is $50. g5ls ore. Nav. 4S.... 9712
Adjustment As. Il so s. L. 6s I. r.125l2
Can. South 2s....1oS1a o. S. L. 5s I. r..105
Chic. Term. As. S614 Pac. IS of '95... ,.102
g x II K D. 10 R, G. ". IS IS. s. "
4l3s, old. l045s st. l.. & Iron NJ.
4. X r. g. Is....109l2 con IS $500. 80
y. x r. c.. As. 95l4 St. L. & San h.
Erie Gen IS. 1885 St. Paul con. 146j
TT. ". & D. S. 2. c. * p. Isis
Is. I. r.......-... a S. p. G. & p. 5s .1l6ls
Gen. Elec. 1852 Southern Ry. 5s. 945s
G. H & 5. A 6s. 104 STANDARD Rope
@. Il. & S. a. 2s.l05 e Irvine 6s.... 81
H. & Z. G. 5s....110 Tenn. n. s. 3s.... 81
Con. 6s, ofd....1n T. p. L. G. Is. .1061s
Ia Central 1s.-..1d2 Reg 2s...-..... 43
L. & n. L IS. SS2I L. p. D. & G. Is. "A
"M. X. x T. Is. 637s Wabash 1st 5s. HOE
Nj. K. g Z. Is. S95s wabash Is HOE
\. Y. c 1s.......1l6$4 West Shore Is. 100
y. J. G. 5s.......II21s L. p. pfd 1890. 97%
Nor. Pac. is. .11212