The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-03-03
WEAKNESS OF STOCKS
Firmness In Money Rates the Prln-
cipal Cause.
WHOLE LIST AFFECTED
SELLING ORDERS FROM ALL
OUTSIDE POINTS.
Banks Deny the Charge of Undue
Discrimination Against Industrial
Collateral-Advsnce In Tobacco
On the Absorption of Rival
Company-Bond Market Strong.

On the Absorption of Rival
Company-Bond Market Strong.
New York. March 1.-The stock market
displayed weakness, particularly me
grangers and specialtes. practically all
day. wiki but incidental rallies. There
was an appearance Of support of certain
stocks in the final dealings which caused
a fairly steady close although the grang-
ers We're still under pressure. There was
no news TO account for the decline except
for nrmer tone to money. call rates
touching 81, attributable TO the can issued
preliminary to the settlement between
the Central Pacific railroad and the gov
eminent The easier tone of sterling ex-
change was natural accompaniment OF
the firmer tone in money. indicating that
an increased demand for money might
contract the volume of American funds
now loaned abroad. There We're denlals
from bank officials OF the current asSer-
ton that under discrimination was beng
exercised against the industrial collateral;
Selling orders appeared from Boston and
Chicago houses, and London, while trad
ing both ways moderately, took rather
less stock than it sold. BY the bear at
tacks, many stop loss orders We're I'M
covered. which accelerated the decline.
The weakness effected nearly everything
while especially heavy features were Met
ropolitan. Jersey Central. Pacific Mail,
=. - -
Brooklyn Transit. American Tobacco left
off with a gain of 2A on the formal action
of the directors preliminary TO the ao-
sorption of a rival company.
The bond market today bore up re-
markedly well, considering the pressure
against stocks. Some issues made an ag-
gressive show of strength. particularly
louisville, Evansville & St Louis IS.
which rose points. Atchison august
ments had good backing and the st. Louis
Southwestern issues were better sup
tod bar ay DAYS Generations
elsewhere We're somewhat irregular, nut
there were no conspicuous losses outside
OF Southern Railway 5s and Standard
Rope & Irvine The new Central Pacific
and Southern Pacific bonds issued IN con-
nection with the rehabilitation of the
Central Pacific railroad were dealt In To-
day but ran off from the high prices in
sympathy with the weakness of the con-
Meeting stocks. Total sales A,565,OO0 Y;
S. IS and the IS advanced Is in the bid
Total sales of stocks today were 707,S00
shares including 1880 Atchison. $3.50
Atchison preferred. 1850 Central Pacific,
Metropolitan, 1890 Reading preferred,
$50 Missopr Pacific. 40SO NJ. Is. d y
preferred IA 800 Northern Pacific. S,0i5
Northern Pacific preferred, l4.0S9 Ontario
& Western 1855 Rock Island, A2.OS9 Union
Pacific %. 295 St. Paul. 1850 southern
Pacific $3.50 Texas q Pacific. 1850 Union
Pacific preferred. 9.i50 American Spirits.
II, 500 American Spirit preferred. 1859
Tobacco 2S.5G0 Steel, IL S5 Steel preferred
Tee5 Peoples Gas, &c. $50 Brooklyn Transit
$3.50 Pacific Mail 1850 Sugar, 6, go Leath-
er preferred, sos Rubber.
BOND QUOTATIONS.
u. S. rs .........1O71s Pac. Con. 6s.. .l1517
u. S. II. As, reg.129 N. Y. c. q St. u.
Do. coup ......124 As - ...-...-.l0l&
Do. coup ..1l3l2 INVEST. cons. ..i4S
Do. eds - 9912 Do. deb. 5s....122
L. S. IS, .1l2l2 o. Nav. 1sts.....1l1
Do 5s coup. .1l2I2 o. Nav. As .....10l1R
district 3 65s .ll7 O. S. L. 6s, L r.l2S42
Atchison Is 49, 10124 o. S. l.. 5s. I. r.1l01a
DO. adj As =. SSS4 Reading As 80. 50
Can. So. Ids. .lO9 r. G. w. lists. 941a
G. & Ohio IS lilo st. [. & II. NJ
c. H. IL D. 413s .1o4Ss st. L. q San +
d. & X. G. lists 1851. Con. 5s ........ln
d. & Il. G. As. .10Ol2 Gen. 6s $3.50. 1854
East Tenn. istslOlSs St. P. Con. =. .164
Erie Gen. As. 72$4 st. p c ~ T.
F. W, & D, lists g lists ht :: - i ISelA
Gen. Eicc. IS lis So. by. IS ......i051s
g. II. d S. A. 5s.l09 Standard Rope
IL & + c. 5s.. .i5s Tex. Pac. L. G.
1w Dc, C. con S. IT, I po. Rs DDS i ia
L. & n. Uni. As. 9SA Union Pac. As. 1919
Nj. il. & T. DDS. IS Z: p d. & q. oe.,
n Do ; a 6 lists 1 e w ass list IS ..1 81
N ]. c. ..=.1lllsl DO. IDS ...-.-- 20
No. Pac. lists .-u0 w. Shore As ll2it
DO. IS ......-.. 6SlaI Wis. Cent. lists. 6SiA
DO. As lO25s Colo. South. IS. SSs4
NEW YORK CLOSING STOCKS.
Atchison e.. 49,. % St. L. < S. F.. liz
preferred 49,. SOS First pfd 49,. Il
Bnit q Ohio.... 70$t' Second pfd -. 3iS4
can. Fac. -. 1875 St. !. * 5. W.. 81
can Southern . 81 3 Preferred 80. 265s
cent. Pac ... 1885 st. Paul ........127&
Ches. 4 Ohio = rs Preferred 49,. 1ess4
CHI. & Alton .173 St. 2. & Om..... 80
chi 81 & Q....l3S5s Preferred .....17u
chi a. T. III. :. 66%4 So. Pac. ........ 1884
Preferred ..l24 So. Railway So. 121l
chi q w 80. 151a Preferred $50. AZ "a
Chi Ind q L.. 9 L. p. d. d g.. 12ls
Preferred 49,. 1875 Wabash =. 81
chi & u. VIZ Preferred w 21ls
Preferred ...19ll2 Wheel. * L. E. IFS
G q G q ST l.. 56ls Preferred $50. 50
Preferred 49,. SO Adams Elk. .....112
Del AZ Hudson. Ill American EN. ..139
Dei L. q lib United States. 80
u e r. G. 49, % Wells Fargo ...125
preferred 49, 73I5 A Cot. on -. "A
Jc-ir (1teyyl 49, 14l4 Preferred -. 9lL
first pfd 49,. S71s ANN Spirits :. 70 !
Ft Wayne Ills Preferred IS
Cf Nor pfd ..1S4 Am. Tobacco ...1S9st
Hacking Val -. 52t Preferred lib
illinois Cent ....1l4ia Cons. Gas ......2l3l2
Like Erie < w. 10 Com. Cable Co. 1856
Preferred 49,. 65i4 Col. f. & IRON. 32I4
lake Shore 200 Preferred $50. 81
Louis & Nash. 6394 Gen. Electric LIP
Manhattan L. 40 Haw. Com1 Co. IS
Met. St Ry. ....236l4 Illinois Steel E. S95s
Mich. Cent liz Int nj Paper 5ls4
MINI. & st. L. 52l& Preferred 800. 50
First pfd ..-- 80 Laclede Gas -. y
Mo- Mobi PaS Ohio. 3 Pre- Preferred ..lis94
Mo. X. d t.. 1872 Fed. Steel 800. 49l2
Preferred 49, 1885, Preferred 80. 81
n J. Cent Loss. Nat Lin. OIL =. 5l5
n Y. Cent ..I35ls Pac. Mail ....... IS
II Y. Chi & St Peoples Gas ...I1lj2
L. .......... Il Pullman Pal ...155
First pfd ..... % Sil.er Cert. 80. 59l5
Second pfd -. IS Standard Rope
Nor. West. -. 1873 d Irvine 49,. 9js
No. Amer. Co.. SIS Sugar $500. 1875
Preferred 80. 9Sl5 T. {. & IRON. 1895
Ontario & W.. 252s L. S. Leather. 6ss
a v & y. 80. 20 Preferred go. 69is
~ s l.. -. 42lb L. 5. Rubber. 4S3B
Pac. Coast LIST. Preferred ll5
MD . ....... ca West. Union -. $685.
Pittsburg . -...1S0 Ore. Nav. pfd.. 20
1seadfnE . 80. 2lia Pac. Coast 80. Il
FSirst pfd ... sos. Colo. South. -.
r. @. W. $3.50. % FIRST pid go. %
Preferred 49,. 75I Second pfd -. 20l5
Rock Island ...116$4
NEW YORK MINING STOCKS.
f.hollar . 40 Mexican e. go. 70
Crown Point =. % Ontario e. ...... ; 50
Con. Cal. d Va. % Ophir ........ D
Deadwood 30 Plymouth lg
Gould & Curry. 41Quicksilver 49,. 2 %
Hale &. Norcross IS Preferred -. %
sorr1estake . 50 90 Sierra New. -. I IS
iron Silver -. 65.Standard 80. 70
SAN, FRANCISCO MINING STOCKS.
San Francisco, March 2.-The official
cl,s,,1s quoIauons tor mining stocks to-
Gas were as follows:
An,ha Con. Julia .........
AIDES ...... : Justice e.. ....... y
81 Ser 80. "a Kentuck Con. e. Il
Ten(on Con. -. Mexican = 49,. 8.
Best a Beicher Sc Occidental Con. 3.
Tullion .. Ophir ---. l i
GsaIlenge Con- Overman e. 80. i
-JoiiaT 49,. Al Potosi e. ........ 81
Snnfidence . . 50 Savage .. 49,. 81
Son cal. a. Va. ! 20 Seq. Belcher -. y
con-, Imperial e. l Sierra New. -. ] 4