The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-02-25
WALL STREET TRADING
Quotations Were Irregular and the
Market Feverish.
PRICES UP AND DOWN
pEOMINENT RAILWAYS SHnM
PROMINENT RAILWAYS SHOW
A NET LOSS.
Some Sensational Advances In the
Specialties-Dewey's Request For
Battleship Caused Uneasiness-
Heavy Professional Selling On
Unfavorabls Bank Statement.

companied by sensational advances among
the speclaltIes. The dispatch from the
Amencan naval COMMANDER in the lar
east. requesting the presence OF a battle
ship for political reasons. was considered
possible OF an uniaVOraDle interruption,
nut the route OF body of FiliDinOS by
the American army il a measure offset
the advices. London. after some fIrmness
was a seller on balance he interna tionsll
shares were generally fractiOnally higher
IN the early dealings, While the advance
in burlington, Tobacco and the steel
stocks gave an early appearance of
strength. The small recoVerics from yes
terday close 1aiied TO hold in the case
OF the railways. Realizing in St. Paul. on
its favorable showing for the third week
in February. left it below yesterday, and
burlington LOST Its early advance ana
declined further. ending with d loss of
4 on the reported abandonment of a gen.
eral refundlng plan.
There was considerable professional
selling. as well as some realizings. and
stop loss orders were reported. Traders
were induced TO sell on the idea that there
would be another substantial decrease IN
the bank reserves tomorrow. The market
displayed feVerishness aS the contending
interests succeeded in either lifting or de
pressing prices and then dealings con-
Iracted, with Il somewhat professional APP
peacance 10 the afternoon trading. To-
bacco made maximum rise of points
on the rumor tnat large operator was
short and refused to cover. and the cir
culdticn of stories as to the company
earning power Subsequently the price
ran off and closed with a net gain OF ~.
There We're some very violent advances
among the local specialties the extreme
rise in the case of Third avenue being Il.
Consolidated Gas 12i2, Brooklyn Union
Gas 49, and points in Metropolitan. The
advance in the gas stocks was in eNDec-
tation of securing the passage of the law
allowing the cooperative manufacture of
gas in contiguous territory. which would
permit the disposal Of valuable new real
estate. The rise in Third avenue was
said to be on the discovery Of uneX-
pected short interest existing. The high
~ favorable condition reported in the iron
and steel industries and intimatiors that
the relations Of the leading interests
would be closer. led to an extreme i'd
vance of 80 in American steel. with
which Federal Steel sympathiZed TO the
extent of Us, its extreme rise American
tin and New York Air Brake rose points
At q jump. Sugar was somewhat weak
az one time on the continuance of divi-
dend rumors and International Paper
shares receded on realizing following the
declaration of dividends of IL on the pre-
ferred and on the common. The selling
Of the active list began with heavy trad
ing in Burlington and Sugar
The feature Of todays bond trading was
the active inquiry for San Antonio & Ar
ansas Pass Is. which improved points.
The general market was Very irregular.
weakness and strength develonirS in
many issues. Total sales 5000. GO
Government bonds were unchanged IL
The total sales Of stocks today were
S911o0 shares. including i6l2O Atchisoni
=
Pacific IS 22J Burlingt on 500 ID. q r. &.
preferred lilo Manhattan. S.695 Metro
politan. 32.07O Reading. 4.3I0 Missouri Pa
cific @06j VI. X. X 7. preferred. pm
Northern Pacific. D. $50 Ontario & West
nr1 IL $50 Rock Island 1922 Union To-
cific 102S0 Union Pacific preferred. 39&1
St Paul $50 SoutherB Pacific ZOO
Texas &, Pacific. $500 PaDer. 6gl To
baccO 700 Steel. $40 Steel preferred.
f.500 PEOPLES Gas. 500 ConsGlidatad Ca,
- $50 Brooklyn Transit. $3.50 Pacific Mail.
%. $50 Sugar 100 Tennessee Coal e. Iron.
10000 Leather preferred. 6.729 Rubber.
BOND QUOTATIONS.
Z. s, IS .;........l055, \ Y. G lists. II5l5
Do coup ....ll31s Nor. X w. Us I'D
Do. IDS . $50. 50 invest. cons. lab
/. 5. IS. reg. .Il21a Do. deb. IS ...122
Do IS coup ..112l.o. Nav. lists ..--llO
District 3 Dos Ills 70. Nav. + ....lU2i4
Ai D6 ADJ i Is - Sc S5z, o. s /. t =. 5sH1
Can. So. DDS LIP Reading Is Sgi4
{ q O. as 49, 9GIa r. G. W. lists -. 9ll2
Chi Term is. 20 st. l.. & IT. NJ.
{. * Ohio is lis Con. IS .---1l42s
c. II. & ID. 412s. .1045sl ST. L. < San F.
d. & r. G. 1stsl0SAi Gen. Us .l23s4
D. K r. G. As ..-10SI4 ST I. Con --l65
East Tenn. 1sts.1ol4 St +. {. * P
Erie Gen. As go IS lists -. .------l2i12
i. W. 4 D. lists Do. Is ..-.-..-.l2l
Gen. Elec. 5s ...-11isgi Standard Rope
q H. * S A 6s .l0a ( * Irvine .. 80. IS
Do. IDS lilo / eN. Pac. l. q.
II Do. con d 6 IS '. 39s i55s Rs ID: l5s
Iva. c. lists 100 iUmon rae As. .l9ii2
!. & y. Uni. Is 9514il. +. l.. * G.
N. X. & r. Jas. 5Sss'Wab. ist IS lib
No o. P5e. Isis...li5 ~ shore As III
Do. D -....... 6SS. Wis Cent. lists. ISL /
Do. IS 80. &C.. .10S iColo. South Is. S752 I
NEW YORK CLOSING STOCKS.
Atchison q. Gee. 235s 4. G. ". $3.50. 81
Preferred $50. 64$4 Preferred ..-.- a |
Bait. x Ohio. i252 ST. l.. x ;. W. y:s /
Can. Pac. ...... So2s Preferred 49,. 90
Can. South. ..... 554f ST. Paul -.--...-l5J1s /
Cent Pc. 800. 5els Preferred .....l5gI. |
Ches * Ohio. ny 81. =. * ON. &C.. .io4 /
Chi. & Alton IN. Preferred --.--1I2 /
Chi. IS. d -. ....ll3l5 So. Hac. ........ 90 |
Chi. x j.. Ill.,. Ga -. Railway .... l2@4 /
Preferred .....iI Preferred ..... 1875 /
Chi. O. W. 80. 1875 Tex. * Pac. &C.. 90 (
Chi. Ind Z l.. 81 Union Pac. 900. ~
Preferred ..... 43i2 Preferred 49,. SUis /
chi. * y. M.....ltSi2 L. =. d. * g.. lbs !
Preferred ...-.lu Wabash 49,. S12 |
c. e. =. x ST. Preferred 49,. DPS
L. O.. ....-.-...- 59ls Wheel. * L. IL. 1lSl /
refcrred 800 3Sll Preferred ..... 81
Del * hudson. 1l2$4 Adams EN. .....1l5
Del J.. * M.-...l6112 Amer. E,x. lilo
L * r. G.. ..... y United States. 55ls
Preferred IA Wells Fargo .-..i25
Eric tnew) l4ss y. Cot. on go. 255s
First Dfd 49, %l$i Preferred 49,. FPS
Fl. Wayne .----ls1 Am Spirits -. l2:s
ct. Nor pfd ....loi5s Preferred 800. 3lI4
Hooking Val. Am. tobacco ...1S62f
Illinois Cent. ...1l6l2. Preferred iii
Lake Erie * V. IS Cons. Gas ......Z1p7s
Prefer--d -. 67i4 Com. Gable Co.lS0
Lake S&Ore .----21052 Col. r. d IRON. -
Louis. x Nash. G6 Preferred 49,. yJi.
Manhattan L. Gen. Elect. lib
Met. ST. Ry....2tf's Hak. Com. Co.. y
Mich. Cen. Ills .. r. 7. ........ %
MINI. x s.. L.. Az Intnl Paper e. 50
First I'D .... ~ Preferred .... IS
No Pac. 800. 465s Laclede Gas -. 81
M AIo & Ynio~ = YS. LEAD fc-rs, , 5s4.
= Preferred 49,. 1875 Fed. Steel Co.. 5lS.
y J. Cent. lilo Preferred Sis
\. Y. Cent. ..-.137l2 Nat. Lin. OIL.
y. y. Chi & ST. Pac- Mail 800. 52ls
/. o.. ........... 14l5 Peoples Gas his
First pfd $50. 50 Pullman Pal. ...l60I2
Second pfd -. SO Silver Cert. 59is
Nor. West. 80. 10 Standard Rope
No. Amer. Co.. S5s Irvine l0l5
Preferred 100. 7s1k Preferred .....iiiis
Ontario K w. 2i1. T. c. * Iron 80. 457s
o. X. & y - 20 [. S. Leather. 67s
o. s. J.. - 40 Preferred 800. Tjs
Pac Coast lists L. S Rubber 80. 53is
pfd. . ... 80 Preferred -....1l7
Second pfd -. s5 West Union -. si1la
80 1SO Ore Nav. pfd... 81
Beading - ... 227s Pac. Coast 1872
First pfd ~ 81 colo. South. ~
ST. L. K 5. F.. l2is First pfd ....- Jiia
First pfd 49,. 7zJa Second pfd 80. p
Second afd -. 40IS Rock Island ....ll5
NEW YORK MINING STOCKS
-hollar = % Ontario --.--. .
9e e;,51 ;,, % % 9phir ,;, '--.'''' Is
Hale & Norcross 30 Quicksilver ! 80
erOWn Point q. > Preferred , W
con. Cal & Va 90 Sierra New. -. ] %
iomestake 30 90 Standard . "
ron Silver 49,. so Union Con ..... ~
Mexican -. - 6OYellow Jacket. p
SAN FRANCISCO MINING STOCKS. 4
San Francisco. Feb. 24-The ocial :