Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-16
WALL srREEr MAnKrr.

New York. Dec. i5.-Fivc minutes OF
active trading ON the stock exchange
today demonstrated that the
market was too hallowcd to
that tho market was too hnllowcd to
run into unopposed demonstration.
Running sales at the opening showed
quotations far apart. Extreme declines
In the internationally listed stocks ran
up TO 2ls points, In sympathy with the
Generalization caused ON tho London
stock exchange by the unexpected dis
nater to Cen. Butler In South Africa.
But soon after the opening transactions,
the prices quoted were ON n scale up-
wards. the recovery OF to . points be-
Ing almost instantaneous. The lend.
Ing industriais and specinltica were
greater sufferers than the railroad
stocks dealt In ON the London exchange
The extreme decline In this group
reached 1--WE points.
In the general list the fall In prices
was not excessive. Sales for London ne.
count were on n large scale. especially
rs the rally lifted prices above the Lon
den parity. sim there was an inviting
proht IN selling stock here that had
bcen bought on the slump In London.
The trading at the opening was at
tended by considerable excitement and.
indeed. the Wall street districts showed
unwonted signs OF activity before the
stock market opened The news In the
brought brokers and stock operators
early on the ground 10 make prepara-
lions for the demands upon them.
Many did not walt for the opening OF
the New York exchange but cablcd buy
Ing orders to London. thus helping on
the rally there before the trading be-
gan in New York. The vigorous sup
port by distribution OF large buying or
ders through the principal portions OF
the list was thus made effective and the
market moved upwards almost from
the opening. The recovery caused a
pause In the rush to liquldate. and the
market became quiet and lost all APP
penrancc Of excitement.
The quiet OF the market proved II
short-llved affair ana gave way to an
active resumption Of the selling move
mcnt on the receipts OF belnted selling
orders from London. The list crumblcd
by degrees until the whole market sue
cumbed to decentralization. LOSSES We're
particularly marked IN New York Gem
trial. Louisville and the grangers The
induatrials suffered acutely. Metropoll.
tan dropped an cxtrome o points. Dis
appointment over the small loan con-
traction shown by the bank statement.
ana renewed apprehension over the elt-
untlon IN Boston, had to do with the
decline. The net losses ran up all the
way from to points In the principal
active stocks, and no ATTEMPT at sun
ering by shorts In a few stocks, which
caused sharp rallies. In most Instances
the last prices were the lowest OF the
week ana In come cases OF the year.
MONEY AND BONDS.
Money on call easier at 4 per cent.
Prime mercantile paper soc per cent.
sterling exchange steady with actual
business In bankers bills at is7ihGA
Tor demand and at i.sih0a, for 80 days.
Posted rates 4S2is and isSh.
Commercial bills Ash
silver certlhcates-590h.
Bar silver--59sk
Mexican dollars--iTii.
state bonds inactive.
Government bonds steady: 2s regular
LOT; ss regular l.09M: 3s coupon iOeN
new " regular 1881 now IN coupon
pom Lag; o. regular i.i2A: o. coupon
i.i2h.