The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-19
New York Stocks Almost On the
Point of StagnatiOn.
PRICES GO UP AND DOWN
DRIFT AIMLESSLY AND BUT
VERY FEW NET CHANGES.
Money Rates May Be Held Up In Or
der to Prevent An Outward Flow
of Gcld-Statements of Railroads
Continue to Break Previous Rec
ords-Wheat Market.

-4--
New York. July 1S.-The stock market
continued dull and neglected, almost 10
the point of stagnation today Prices
drifted quite aimlessly up and down eN-
cent in a few stocks which were influence
ed by individual causes, and net changes
for the most part were very SinaIl- lnS
opening showed some $ lght ANNA 49,, <illT
higher prices in sympathy Will t<oIitGiA
which had advanced Americans before tnS
opening here and seemed to take the more
cheerful view of the genera ou lIll.,tf,i
The money market there was reported
rather easier in tone, but the foahk ~
England continued 10 do practlcaliy an OF
the money lending at the rate Wen apoNS
its official minimum rate OF ulscouIIt anu
sterling exchange at continental ceAteIS
showed additional sharp advances. IN
New York, moEey was rather easier IN
tone but the rate still continued above
those at some other domestic centers, SO
that the sterling exchange market, though
hard was not quotabiy hlgher- II Is IA
t-ils;. ted that money rates may De held
VI, IL New York to prevent an outflow OF
goid and the additional suggestion Is
heard that Chicago may supply London
with some gold on direct movement. Ihere
are increas sing offerings OF Chicago FUNDS
in New York.
Statements of railroad earnings continue
10 break previous records, st. Paul lead
ing today on returns for its second July
with an increase of S231, 533 over last
year. Today's recovery in Brooklyn Tran
ropolitan Street Railway TO "a. Not
witLstanding the favorable incidents the
local stock market showed no disposition
to follow London early Iead, ana the
opening gains were soon lost The only
movements of any importance We're III
isolated stocks, mostly industrials- Sugar
and Manhattan showed early depression,
which was not entirely overcome In the
case OF the latter, though the former
shows a small net gain. American Smelt-
ing rose at one time 2s4, and General Elec-
trio "a but both reacted "a point. New
York Air Brake rose points and then
dropped II. The tobacco stocks came into
late demand and gained from IL to 24s.
the latter Continental Tobacco common.
Rubber preferred, Leather preferred, Ten
nessee Coal. Tin Plate, Federal Steel.
Peoples Gas and a few other stocks mad
periods of strength. New York Central
more than recovered yesterdays decline,
and some firmness was manifest among
the grangers, Pacific and trunk lines, but
the coalers, southwesterns and southern
stocks showed a slightly yielding dispo-
sition. The whole days business footed
up only a little over a quarter of d million
shares, and Brooklyn Transit. Sugar and
Manhattan absorbed a large proportion OF
this.
price changss were small and mixed as in
stocks. Z. :. IS coupon declined Is and
the old As registered Il. while the old As
coupon advanced Is in the bid price.
The total sales of stocks today were
202 S43 shares, including American Smelt-
ing. 1900; American Steel, 1900; American
Brooklyn Transit. 4e, 800: Burlington. 5000;
Continental Tobacco, $500: Federal Steel,
ESQ; Manhattan. $500; Northern Pacific,
6,lJo; Reading second preferred, 1900;
Pacific, 5000; American Tobacco, 500;
Missouri Pacific, 5000; New York Central,
1890; Pennsylvania, 500.
Bond Quotations.
Z. S. IS .10S7s L. & n. L. 4s...lOO
u. s IS reg--.-.10Sss NJ. K. & I. ends. 6S15
U. S. IS coup. ..l09 NJ. X. & T. As. 90
U S new Is reg.l29 n. Y. c. 1sts....112
L. ). new IS n. J. c. Gen. 5s.121
coup ---.----l59 N. P 1sts........1i3
y. 5. old As reg-ll2 N. p. 3s..........107
L. S. old IS N P 4s.... lO3Ia
coup ..---ll2s4 n: Y. c. & st. L
Z. S. IS coup .1i35s n. q W. Con. Is. IS s. q
Die. c. 3 65s.....119 n. & w. Gen. 6s I35
Atchison Gen Is. 102is Ore Nav lstsll2
AtchisOn Adj. As. S43s Ore Nav 4s 1913
Can. ). Ends. ....1l1l4 O. S. L. 6s.......I3l12
c q o 42s.-... 9Il2 o. :. L. Con. 5s.113
c: n 5. F. Reading Gen. IS. SIS
Deb. os.....-.-l2212 r. q. w. lsts.... y9&.
c q @ 5s-. us st. L. & l. NJ.
c. * n. Con. 7s.14412 Con. 5s.........l 1875
Chi. Term. As. 99ia ST. L. & S. F.
D. & K. q. lists. 10612I Gen 6s $1,000 24Is
D. * r. q. As. 1904 St p Cons.....I1
East. Tenn. Va. st p. c. Il P
Erie Gen. e.. So st tt P. c. & P. - =
F. w. d. c. 5s .--............121&s
Gen Elec. 5s.- .l9 Standard r. &
G. II. & S. a. T Is .......... So
IS ...............113 Tex. & Pac. 1sts.1
G. H. & S. a. Tex. * Pac. 2nds 56I2
2ndS .-....---..-lOI L. p. 4S.......... 1913
II. * T. c. 5s... HOE Wabash ts.....ll624
H. T. c. Con. Wabash ends. 1921
Iowa c. lists. .1i3 wis. {. lists. Is
j.. c. P. q q. &c. & S. 4s........ S92s
lists -..-.--...--. %