The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-01-10
WALL STREET Squirt
Transactions Yesterday Reached
Over Million Shares.
HIGHEST FOR YEARS
BOND SALES REACHED EIGHT
AND A HALF MILLIONS.
Rapid Transfer of Securities From
Foreign to American Hands-St.
Paul Shares Now Owned On This
Side Of the Atlantic-Strong De-
mand Throughout the List.

| New York, Jan. "a persistent and
general demand prevailed throughout the
| list, and on an enormous volume of trad
! ing there were many final advances of l
/ fractionally. Influenced in part by Sat
urday's favorable bank statement, there
We're more buying than selling orders
accumulated by commission houses over
Sunday. London while moving largely
with quotations here, was a seller on bal
ance, but it developed later that on the
curb very large demand Sprang up for
Americans after business hours. 1t was
said that Americans were bouyant, with
Atchison the feature. According to the
transfer books of st. Paul, foreign hold
ings of the stock was limited to about
45,vO0 shares, or only one-ffth of the
amount in foreign names few years
ago; therefore, the floating supply of the
stock abroad would appear to be very
small. AtchiSon preferred and Sugar were
the leaders in the strength displayed in
today'S market. The heavy purchases of
Atchison preferred, which resulted in an
extreme gain of points, were said to be
largely tor very powerful interests and
record OF 565s eX-dividend.
There were number of vague rumors
connected with Sugar, but nothing def
mite. The stock, however made an ex-
refinery was sympathetically strong. An
advance in Pennsylvania and some other
stocks, which moved conserva lively. in
creasing the confidence of the bulls. Good
earnings were responsible for a rise in
Northern Pacific common. Among usual
ly inactive shares, there were consider
able gains in Great Northern preferred
Rubber and New York Air Brake.
The dealings in stocks. which exceeded
a million by over hundred thousand
were the largest in the present movement
and of recent years. Transactions in
bonds, which had shown a contraction IL
dealings OF late, also reached large pros
portions. aSgregating s., 10000.
Considerable buoyancy developed in the
bond speculation, enormous blocks of the
Atchison and st. Louis Southwestern is
sues being taken at material advances.
Some of the low-priced issues made strik-
ing gains, Peoria q Eastern incomes
figuring for 515.
U. S. new As coupon and the old As de-
clined g. the old is coupon and 5s coupon
declined Il in the bid price The IS reg
istered advanced Il.
The total sales of stocks today were
/ ,102 600 shares, including 12f, 300 Atchison.
1Se 100 Atchison preferred 24367 Central
Pacific q, 800 C. & O., $3.50 Burlington,
Is 500 L. & N. 10 800 Manhattan, $40 Mo.
Pacific $500 NJ. X & T. preferred, 2S,000
Northern Pacific. 1850 Northern Pacific I
preferred. 5000 Rock gIsland. 1900 Union /
Pacific. 1900 St. Paul. 7.SO0 Southern Pa /
ferred, 500 Texas & Pacific. 100 Union
Pacific. 1C, 400 Wheeling & Lake Erie, $500
American Spirits, 800 Tobacco. 1920 (
Steel. 200 Steel preferred LOGO Peoples (
Gas. 5.2l1 c. f. & l.. 3.100 General Electric.
II. GOO Laclede Gas, ). 800 Lead, $500 Pacific
Mail, IS. 200 Sugar. $40 Leather preferred.
Il, $50 Rubber $500 Western Union, "A 900 (
St Louis & Southwestern. &c, 300 st. Louis
& Southwestern preferred.