The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-01-06
GOLD FROM EUROPE
Million and Half Taken BY New
York Houses.
HELPED STOCK MARKET
GOLD IMPORTS NOT EXPECTED
TO CONTINUE.

Our Trade Balance Can Be Loaned at
More Profitable Rates Abroad
Bulls Had Their Own Way and
Stock Transactions Reached Near
ly Million Shares.
New York, Jan. 5.-Notable gains were
recorded in the specialties and some of
the railways today. The announcement
Of gold engagements of a million and a
nall overcame the reactionary tendency
of the forenoon and set the market forS-
ing upward. which continued TO the close
The conditions of the exchange and
money market do not seem TO warrant the
expectation that the import of gold will
be a sustained movement the theory be-
ing that our large balance of trade would
not be drawn upon largely while money
can be loaned at more profitable rates
abroad
A lower range of London prices gave a
declining tendency to early transactions
here. Manipulation of the specialties,
Tobacco. Brooklyn Transit and Peoples
Gas, gave better tone to the railways,
but on profit-taking there We're some very
substantial losses. With the announce
ment of the gold imports in the afternoon
the bulls had their own way. and espec-.
tally in Manhattan. General Electric,
brooklyn Transit and Colorado Southern
The railway shares moved rather slug
sishly until late in the day, when an
active demand arose for Louisville. Rock
Island and the Southwestern group. eX
cepting Texas Pacific. which broke badly
in. the end. on the publication of a re-
port that Manhattan was to be electric
ally equipped by General Electric. the
stocks, which had each advanced five
points, presumably on early information
of the reported deal. receded sharply on
profit taking. Late in the day it was
Manhattan electrically had not been Civ
en-. confidence had been expressed by
General Electric interests that they would
get the contract.
The bond market was under pressure
during the forenoon. but in the late ses-
sion heavy purchasing orders were dis
tributed. which carried the level of prices
above yesterdays close and impaired
strong tone generally. Total sales. 1885,
Ooc. United States new As coupon reacted
Il and the As registered. Il. The new IS
the bid price.
Total sales of stocks $500 shares, in
Guiding AIS Atchison. Is so Atchison pre-
ferred. $40 Central Pacific, 3.449 c. & o..
6693 Burlington. $3.50 Hooking Valley. Is
800 l.. & N. as. $50 Manhattan 10 921 Read
ing preferred. Il. $50 Missouri Pacific. 49,
Pacific $500 Reading 2Sl2 Rock Island
L, 12O Union Pacific. 1920 st. Paul. $500
Texas & Pacific. 772O Union Pacific pre-
ferred. 1925 U. p. D. & G.. HOO w. e L.
300 Tobacco 6S.3 800 Steel. 1850 Steel pre-
ferred. 11S600 Peoples Gas. $500 c. F. &
l.. SIS General Electric. 800 Pacific Mail.
preferred. 4,37O Rubber $500 Western
Union. 12.4O0 St. l.. & S. W. preferred,
H. 140 C. G. w.
BOND QUOTATIONS.
Z. s. IS -. .1O1A Do IS ......... 69A
Do. e. Coup up r .9.lss5 n " y. 6. < St LUIS
L. S. As 1121s' L. As 1865
Do. coup .112a4 Nor. & w. 6s...125
Do. DDS ......... 991z INVEST. cons. ..145
Z. S. 5s reg. 1885 Do. deb. 5s Ills
Do. IS coup 1874 o. Nav. 1sts....1i3
District COS lis %. Nav. As -. 1903
Atehison As .....110!s Q. s. L. IS. t r.12sA
Can. So. DDS ...1l01a Reading As ...... S61a
c. e. Ohio 5s ...1175s r. G. w. lists. 91st
c. II. q ID. 41as. .1045s st. Louis & Ir.
d. q r. G. lists. JOS NJ Con. 5s ....105A
d. 90 R G.. As. .100la st. L. q San F.
East Tenn. 1sts..107 Gen. 6s .........122
Erie Gen. is =. 72$i st. p Con. .1603s
F. w. & d. lists St Paul c. & p.
Gen. Elect. IS: l09 Do. 5s .llSas
G.. II. & s. \. SIS. 107 So. Ry. 5S 1917
Do DDS 1900. JOB Standard Rope
H. & 7. c. 5s.110 & Irvine SIS . S51s
Do. con. 6s.. 40 Tex. Pac. L. G..
~ I'VE & n. Un 1.s As. .'S IS Do. Rg. DDS IS
NJ. X. & T. DDS. 7Ols L; D. D. & G.
N % 2 6 Gent isis1 i w 7afs list IS lis5s s
Z. p. As .103 Do. IDS ........ 81
Colo. South. -. S7ll w Shore As 1i0ls
N. J. c. IS ......11S1a Wis. Cent. lists. 6294
No. Pac. lists. ..114i2
NEW YORK CLOSING STOCKS.
Atchison :. -. 1slklst. Louis & S.
Bait. & Ohio. 67R Preferred ... 10
Can. Pac. ....... S51S St. Paul ........121A
Can. South. -. 5il2 Preferred .....166$i
Cent. Pac. $50. 42$. St. p. & On -. 9214
Ches. e Ohio. 25ls Preferred .....167
Chi. & Alton ...1TO St. p NJ. & NJ. $50
Chi. B. & Q. ....1253s So. Railway 49,. 103s
Chi. d f. ILL., =. 60 Preferred 49,. Al
Preferred .....11215 Tex. & Fac. -. 17$s
Chi. @. w. -. 153s Union ac. 49,. 1885
Chi. Ind. & L.. 81 Preferred .--.- 1872
Preferred -. 30 U. P. d. & G.. 1875
Chi & n w ...142 Wabash =. -. rs
c. c. c. & st. l.. SOB Wheel. & L. e. rs
Preferred go. at Preferred 49,. 30
Del. q Hudson. .1051a Adams EX. los
Del. i. & W.....lTS American Elk. ..143
D. & r. G.. -. ja15 United States :. 81
Preferred 49,. 20 Wells Fargo --..125
Erie new 49,. ~ A Cot. Oil $50. 345s
list prefd 49,. 371hl Preferred w So
Fl. Wayne Ills ANN Spirits e. il
CT. Nor. prefd ..144L Preferred 80. 1872 |
Val. -. 21a Am. Tobacco -. 14SH |
Illinois Cent. ...1142i Preferred .....134
Lake Erie & w. 20 Cons. Gas. 1872 |
Preferred -. 1872 Com. Cable Co. US
Lake Shore .-..197 Col. F. & Iron... 33
Louis. & Nash. cas- Preferred -. so
Manhattan L. ..102ss Gen. Elect. -. 9S5s |
Met. st. Ry. ....190% Haw. COm'l Co. 30
Mich Cent LII Intnl Paper. ga
MINI. &, st. L.. So Preferred -. 81
LIST Drefd 800. .'12 Laclede Gas -. 81
Mob & Ohio " ~. Preferred .....11Slf !
NO. X. & t.. 143s Nat. Lin. Oil tr ST. /
Preferred -. 405s Pac. Mail $500. 4424 |
y. ]. Cent. 49,. e6S4 Peoples Gas. ...112$4 !
n. Y. Cent. .....122@i Pullman Pal. ....16l1@ !
y. Y. Chi. e St. Silver Cert. -. 91a |
=. =. ............ l2l2 Standard Rope
1st prefd ...... q: & Irvine :. =. 914 |
Nor. West. ..... ISis Preferred ....1i2AA !
IN g TTOn
No. Pac. ........ 431l L. S. Leather -. 71s |
Preferred 49,. 77ls Preferred 49,. us /
Ontario & w. -. 20ls L. S. Rubber E. 43A |
o. r. & n. -. As Preferred -. .1121a |
D. S. /. ......... AZ West. Union go. 9iA |
Pac. Coast list Federal Steel -. 5S5s |
prefd ........... NJ Preferred Sis4
I'd prefd ...... GA 0. Nav. prefd... 20
Pittsburg ........1S0 Pac. Coast 45A |
Reading -. -. 22is Colo. South. -. SA |
Rock s Island LIS I'd prefd .. 49,. SIS
St. Louis & s. F. SIS Brooklyn T. 49,. 81
Preferred 49,. 81 r. G. w. ....... 2712
I'd prefd ....... 1875 Preferred 49,. 66
So. Pac- ...--.... 33A
NEW YORK MINING STOCKS.
-holIar =. ~ flOntario :. 49,. %
Crown Point 80 14lOphir ....... 80
CON Cal & Va. 1 20IPlymouth :. -. 10
Deadwood ....:. 445Qqicksilver - 50
Gould & Currie. % Preferred ...... 4 30
Hale & Norcross 2Isierra New 49,. %
Iomestake 80 OOlStandard . - 90
ron Silver 800. 40 Union Con.-.... so
Mexican -. 80 Yellow Jacket. 20
SAN FRANCISCO MINING STOCKS.
San Francisco, Jan. 5.-The official
losing quotations for mining stocks to-
lay were as follows:
Alpha Con. 80. Justice ....... Is
l.