The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-11-16

An Unexplained Advance In South
ern Pacific and a Rise of Nine
Full Points In Chicago s. North
Hardening Tendency of
the Money Market Affected Bonds.
New York, Nov. l5.-The premonitory
symptoms Of reactions which We're noted
yesterday III the stock market, and even
more prominently in the bond market,
round their justification today 1tere
Were PERIODS Of resistance to the cecllhe
and individual stocks in which the re-
ststance was successful. But the reactlen
gained in force as the day progressed ana
the closing was decidedly heavy IN tone
and al the low point, net declines pelng
the rule and rea ching as much as
point in d few stocks. The Speclarules
were active all day, and the movements
In them were exceedingly EaiiCAs ana
conflicting, and influenced by lhqlNluud4
causes. The market for railroad Stocks
Showed heavy tone from the opelllnSt
especially IL the internauonals. winch nag
the burden of selling for foreign account
TO carry. The grangerS and PacltlcS all
encountered obstacles 10 an advance s.
The AtchiSon issues continued to De a
strong rallylDg point Tor the bull lacllol4,
the preferred stocks rising to 43ss turther
effort was made to sustain the railroad
list by bidding up prices OF the loW+
southwest. The mystery surrounding the
pending disposition of the Chicago y
Alton also impaired strength TO different
railroad stocks on rumors in connection
with transaction. There were uneK-
planned advances of 2&s in Southern Ia
cific and OF 9 fun points in Chicago q
Northwestern preferred.
In the specialties there was preValnnS
heayiness on one hand in Sugar, Man
haitian. Federal Steel and People Gas,
while on the other hand Metropolitan
Street Railway and the DaneF STOCKS
showed marked strength. Inc = edefai
Steel stocks have, been dealt in hereto
fore as deliverable when issued, q trans
action which did not call for cash: Ihe
certificates are now being issued and
the resulting requirement Tor FUNDS Is
assigned as the reason for the weakness
of these stocks. Aanhattan's weakness
was attributable to a study OF the guar
terly statement and the balance sheet.
Other iron and steel stocks were heavy
in sympathy. The hardening tendency
of the money market was reflected in the
growing heaViness Of bonds. the market
Tor which continued Very active. Total
United States new As and the IS declined
Il and the IS and the old As Is in the bid
price.
545,200 shares including Atchison, 10, 425;
Atchison preferred, 6i,S35; burlington
1880; u. & r. G. preferred, S,577; l. q N.
1S,S5S: Manhattan, 1411S;- Metropolitan
Street Railway. II 800; Missouri Pacific
2S.34S; North American. $500; Northern
Pacific. 14.7l5; Northern Pacific preferred,
BOSS; Rock Island, 25,55l; Union Pacific
10 SIS: Union Pacific preferred Is, 14S, St.
Paul .. ass: Southern Pacific, s 400; Texas
q Pacific. $3.50: Wabash preferred, 1000;
Peoples Gas, Il 49, Pacific Mail, $3.50;
Sugar, 1850: Leather preferred, 2,255;
Chicago Great Western, 12.450; 7. c. & l.,
~ BOND QUOTATIONS.
u. S. IS. y. J. c. 5s........1 1594
u. 5. new As reg. l2e98 Nor Pac. lists. .u652
u. :. new As ccu.12Ils Nor Pac. 3s..... 6l1s
U. s. 4s...........1l1$s Nor Pac. as. l0lii Z
L. 5. Is cou......1l2 N.Y.C. & S. Las. 106
L. S. IS .....111%4 n. w. consols. .l427s
District 3 65s.....llS ore. Nav. lists. ia
Etchison adj. As. 745S G. S. L. IS r....l2sl..
Canada So. IDS. .1I01l Q. 5. L. 5s r. Jos 4
.. q O 4ias...... s. Pacific 6s of So. .1U211
CHIC. Term: AS. 9i5s E. G. ". lists. s0l4
g. z. & d. PCS. .l045s St.L.ooI.M. en- 5s. 9ls4
D. & r. G. lists. 10S5s SU.B.&S.F. gn .12113
East Tenn. lists. iO7 StP.C. & P. lists L
Erie Gen. IS. 71I2 St.P.C. x P. IS. .llSI4
Z. w. & d. lists. 49, So. Ry, 5s.;..; 1922:
Nc. II. & S. A. 6s.195 Tenn. new set IS "a
q. II. & S.A.2ds. l04 T. p. L. G. lists. l095:
II. & T. c. 5s....1l15s Z. p. Rg. DDS. 471z
II. 4 n. c. en-. 6s.l l0i5 U.P.D. & G. lists 81
/. * n. Tn. Is 1872 Wabash IDS 90H
M K. & 7. DDS. 6J24 West Shore As. Ill
N. K. < T. 4s.... 915s Wis. Central lists 615i
n. Y. {. 1sts.....11S
NEW YORK CLOSING STOCKS.
Atchison ;....... 1533 St. L: & S F.. Y
b. & O.. .... +S54 I'd preferred. $2a
Canada Pacific. - ST. L. & S; W. 81
Canada So....... 5Ss4 Preferred go. 13E
Ches. & Ohio. 281s Preferred .....i6ll
Chic. * Alton. .I54 st. 2. & Omaha. $50.
{. B. * Q........1lS3s Preferred. .16l
G p$ q b l5 s. s. p Pae N; & M. 49, 25
Chicago q. W. Is So; Railway. =?
C. L q L.. % ~ Pr Prefsrr fS6o;fi: 81 81
G. p5s- r. %15S g t tgE P Fsffc 5 5
Preferred ......iSCl2 Preferred 80. Is
c. c. c. * ST. L. 4l14 Y. I. D. < G.
Preferred ...... 81 Wabash ......... y
Del. * Hudson. g91@ Preferred ...... 2l2
Del. l. * VIE ". " l.. E3....... 39
d d r. Co.. Az Preferred ...... 49,
Preferred ...... 5S$s Adams Express. Joy
Erie new ...... 1872 American EXP. .l40
LIST preferred. S45s Z. 5. Express. Il
Fl. Wayne ......1if Wells-FarSo :: .l23
CT Nor. pref. ..I4J Am. Cotton Oil. 33S
Hooking Valley. "a Preferred .,.-. S53
Illinois Central. HOE Am. Spirits 49,. Y
/. Z. & W.. 1874 Preferred $3.50 81
Preferred 49,. SO Am Tobacco. .140&
Lake Shore. l93 Preferred $3.50. II
l. & N............ 60$4 Cons. Gas-.......1S3
Manhattan L.. g4ss Con- Cable Co..ll5
Met. St. Ry .352A Colo. T. & L.. a
Minn. & ST. L.. 2S Gen. Electric. 81
list preferred. 9215 Haw. Coml Co. So
Mo Pacific...... 37is Illinois S5eel.....104
Mobile q Ohio. q Intnl Paper. 81
~ X q T.. 1l12 Preferred ...... 81
9Preferred go. "a Laclede Cas-. 49
.N1 J. Central. S9A Lead .--.......... 351
NY. Central. ;. .1l6S4 Preferred lib
N Y. c. x st. L. l34 Mimi, Iron. .l3S
1st preferred. Il Nat Lin. OIL. CO
ID preferred. 3is4 Pacific Mall. 81
Nor West....... Il Peoples Gas. .1Q55
No. Amer Co.. "a Pullman Palace. 1885,
Nor Pacific. ~ Silver Cert. SOL
Preferred ....-. 755s StaiS r. & To-. q
Ontario & w.. 1542 SUgcr go. ....... III
O. r. < NJ. IS Preferred ......l10l
Or Short Line. 80 Tenn. G. & L.. 30S
p c 1st pref. so u. S. Leather. 81
ID preferred.... SO Preferred 49,. 61l
Pittsburg .......172 L. S. Rubber. 42J
Reading ........ 1864 Preferred ...... lOl
Ist preferred =. 40l4 Western Union. 99i
r. G. W..l27 Federal Steel. 81
Preferred .... 50 Preferred ...... 769
Rock Island ....l01l5 b. X. L. Co... 6ls
NEW YORK MINING STOCKS.
Chollar .......... 20 Ontario .......... {
Crown Point ~ Ophlr .-.--- =
Con. Cal. & Va ! 20 Plymouth $3.50.
Deadwood $500. 40 Quicksilver 80.
Gould & Curry. 20 Preferred 80. Z
Hale & Norcross 80 Sierra Nevada.
Homestake $50 90 Standard $500. l s
Iron Silver ....-. 70 Unlot CON-
Mexican ......... IL Yellow Jacket.
SAN FRANCISCO MINING STOCKS.
San Francisco, Nov. 15.-The offica
closing quotations for mining stocks to
do follows.