The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-01-07
BEARS IN CONTROL
Selling Pressure Caused a Break In
Wall Street.
LIQUIDATION WAS HEAVY
SUPPORT WITHDRAWN FROM
MANY OF THE LEADERS.


Between Telegraph Companies
Caused An Advance In Western
Union-Irregular Bond Market
New York, Jan. 6.-Persistent bear pres
sure today caused much stock held for a
rise to be thrown over, resulting in a con-
siderable break in the specialties and a
decline of about d point in many of the
railway stocks. The market was broad
and unusually active during the liquidat-
Ing process. London was 4 seller on bal
nnce- The variations in the early quota
tons here We're small bat an unsettled
Keeling soon set IN, on evidence that many
Of the Specialties which have recently
Deea marked leaders showed lack of sup
port. There were temporary rallies, one
at about midday bringing prices back to
Yesterdays closing figures.
chicago appeared TO be a moderate sell
Ter, while Washington houses seemed
purchasers. With one time or another
pronounced strength and material adj
Xances were shown by Colorado Southern,
RADIO Fuel * Iron, Rubber Tobacco.
Sugar, Chicago Gas, New York Air
Brake and Manhattan, although the adj
vance in these stocks was partly elimin-
ated, while ia the case of Manhattan and
chicago Gas they declined below Yester-
day : close in the heavy liquidation of the
last IOuT- y ulSQulEllES feature OF the
late trade was sharp advance in call
money, which immediately dropped back,
however, to normal figures on the ap
petarance Of a considerable supply.
Western Unions strength was accom-
panied by gossip that an agreement had
been made with the Postal Telegraph
company regarding rates Talk about the
possibility Of a rival refining closing down
because OF the unprofitableness of present
business was simultaneous with a rise of
points in Sugar.
Considerable irregularity prevailed in
the bend market, speculative issues favor
ing a lower level, in sympathy with the
course Of stock prices. Total sales.
L. S. Is registered and the IS coupon
advanced Il and the IS and the 5s regis
tered =: The old Is registered declined IS
The total sales of stocks today were
956, lo0 shares, including 1S52o Atchison
preferred, 1856 Burlington, 6,tc0 L & N,
1880 Manhattan, 4,26O Reading preferred,
n,23J Missouri Pacific, ), $50 NJ. * O., II. $50
NJ. K. x =. preferred, 300 Northern Pa
cific. $3.50 Rock Island. 5,2lU Unioa Pa
cific, 2I7s0 st Paul. 6S12 Southern Pa
cific. 5.200 Texas K Pacific, {. so Union Pa
eeitic preferred 300 Y. p. D. q O., $50
Tobacco, 81, GO Steel, 1850 Steel preferred
IS 400 Peoples Gas, 1lZ50 Colorado Fuel
$50 PACING Mail, 800 Rope, $3.50 Sugar
$500 I. {. & l., 1l,I@ Leather preferred.
st. L. & 5. ". preferred, 4. 40 {. .. W.
BOND QUOTATIONS.
L. S. IS ..........1075s L. P. 4s..........1 1925
=. S. new Is reg 1888 Colo. South. Is. S!i5
coup 1291s n. P. ISIS. HIS
=. S. 4s........-..Il244 \. p. ys.......... 50
Z. S. As coup. 1882 \. P. 4s......... 1912
Z. 5. 2s........... 9g12 n: Y. c. & St.
L. S. IS reg.....11514 L. 4s......... 1061s
L. S. 5S coup. ...1I3l2 Nor. & w. Is. .125
Dist 3 e5s......-.11S INVEST cons. Ifs
AtchiSCn 4S......10qfs INVEST debs IS. us
Atchison adj IS. 1855 o. Nav. 1sls.....n3
Can. 5. 2n4s....-110 Q. Nav. 5. ..190$4
c. d Q. As. 90ls o. S. Z. SIS t. r...130
Chi. Term. 4s.... "a o. S. L. IS [. +. .IsiS
c. q O. 5s.......ll.S. Reading 4S....--. Sc
c. II. & D. 4iAs. 1J43s =. &. w. 1sts.... 9115
D. & r. G: lists. los St L. & 1. II.
d. Il r. G.. IS. .100% con. 5s. .........5G5l2
East Tenn. 1sts.lV7 St. I. & S. L.
Erie Gen. 4s..... PA gen. 6s..........122
+. w, & d. lists St. ?. con........i50
t. 7. .---.-..--.. SIS St. p c. & p.
G. s4 H KS S. &. 6s.i67 Isl. p G & P 5s.iis4
G. II. & S. A. So. Ry 5s.-...... 1914
ends ...-........103 Standard r. q
H. & T. c. 5s....1O T. 6s............. So
Il. &, T. c. con. T. P. L. G. 1sts.110
6s -...---.-.-.-..10 7. p. Rs Ends. IS
Iowa c. 1sts-..-.10715 L. D. D. q q.
L & n. L. As. Sc lists ..........-.. 90
NJ. K & T. ends. 7014 Wab. 1st 5s... lib
NJ. K. & T. As. 94l2 Wab. 2ndS....... 947s
\. Y c. 1sts....u4l4 Wis. Cent, lists. 6212
STOCK QUOTATIONS..
Atchison ........ 1885 St. I. & S. W.. ~
Preferred -. SOS Preferred -. 1875
Bal. & Ohio. 6ll4 st. Paul. .1209s
III H.
Can southern. 81 St. p. 6 o.. 81
Cent. Pacific -. 42ls Preferred ......167
Ches. & Ohio. PAS St 2. NJ q NJ $50
Chi. & Alton-...1lO So. Pacific 49,. 33$4 |
c. 3. & Q........lZ0$4 So. Railway ....l04 /
Chi. & Z. Ills 6J52 Preferred 49,. AIS |
Preferred ......ll2 Tex. q Pacific. 1919 !
Chi @. W.. 19as Union Pacific =. 429s |
Chi Ind. x L.. ~. Preferred ...... 1895 |
Preferred 1919 81 L. p. D. & c.. 1872 |
Chi. & y. W..-..1413s Wabash ..... So |
Preferred .....1S5l2 Preferred 49,. 22l2 !
c. c. c. 6, St. L. 42l2 w. & l. E.. ~ |
Preferred ...--. 81 Preferred 800 2Ss. |
Del. 4 Hudson 1852 Adams EX1OS
Del i. 4 W...-l5624 american EXILE +
D. * r. c.. 1872 United States. 81
Preferred ..-... 6gl4 Wells Fargo.....12S
Erie new .--... l3is Am. Cot. Oil. 80. 342s |
Fort Wayne ....1lS Preferred 49,. IS
First pfd....... 3712 Am. Spirits 800 1879 /
CT Nor. -.-l43 Preferred ...... 3715 !
locking Nal..... "a Am. Tobacco ..14S%s /
Illinois Cent...-.llzAf Preferred ......135 /
Lake Z. & W.. 1919 Con. Gas .......l92% I
Preferred ...... 1872 Com. Cable Co.l75
Lake Shore- ..-lSt Colo. +. q L.. 242s 4
Louis. q Nash. 64lz Preferred $50 IS
Met. st. Ry......19l12 Gen. Electric 9S2l !
Mich Cent--.-.-.ll1 HaW. Com. Co.. 51& 1
n. q st. L. 35$t Int. Paper $50. 622 /
Manhattan L....1007s Preferred $50 94i5 ]
First pfd...--.. 90 Laclede Gas ..... y
Mo. Pacific 80. 4i5s Lead ............. 37& /
Mobile & Ohio. 1914 Preferred 49, +
N. X. q T....... 1873 Nat. Lin. Oil. - So /
Preferred --.-... 39l4 Pacific Mall. 49, |
n. J. Central. 96@4 Peoples Gas. ILL., /
y. Y. Central. -l2l3s Pullman Pal. .l61 I
N \. Z. < ST. Silver Cert IT,. 5915 |
I; ...-.;.;;.-..-.. 49, Standard r. &
First pfd....... IS T. ........... 81; /
Second pfd..... 3f2s Sugar ........ 1855 /
Nor West------ ia Preferred ......11212 /
No. Am Co.. 63sT c & I........ 361a /
No. Pacific $50. - L. 5. Leather . So, |
Preferred 1880 f6s4 Preferred 49,. p
Ontario q W.. 201s L. S. Rubber - Az /
o 4. &, N........ IS Preferred ....Il3L /
.. ). L4..-....--.- II Western Union. 947s |
Pacific Coast 1st Federal Steel 525s
pro --:.-...--... 81 Preferred $50. $685.
Second pfd..... 631kl B. r. T. Co... So
$500 2llkiOre. Nav. pfd... T11b
First pfd. 521aI Pacific COAST. As
Il. u. w. 2SSA Colo. Southern. So
Preferred -. O. First pfd....... 55L
st. L. x ). F.. So Second pfd. -. 23L |
Preferred .s--.. 65i2 Rock Island. 1139s !
Second pfd-.-.. 1914 PittsbuDg ........1S0
NEW YORK MINING STOCK
Chollar ........... y Ontario .... 81
Crown Point. "A Ophir .......... So
c. c. * VA. l 20 Plymouth - 10
i)eddW0od 49,. 40 Quicksilver ...... ! so |
Gould & Curry q Preferred 49,. 4 80
Hale q NorcrosS 9 Sierra Nevada 50
.....50 90 Standard - 90
Iron Silver 10 Union CON-. q
Mexican ........- p Yellow Jacket. 10
SAN FRANCISCO STOCKS.
San Francisco. Jan. 6.-The official
closing quotations for mining stocks to-
day were as follows:
Alta .............. 6Justice ........... Is
Alpha Con...--.. 4iKentucky Con-. II II
Andes ............ 5MeXican ......... SO I
TDzTa o.. =. 81