Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-19
At the Opening, Brokers Were in a
State of Wild Excitement,
VIOLENT WAR IN PRICES
Changes Up aud Dcwn-s'reng'h OF
Dividend paycr.-istcrest Drop
Clearing House saves the Day.

tho usual thrOnss OF brokers' bankers,
clerks and regular lrcquentcrs OF the
financial district. The elevated trains.
surface cars. farrlotH ana private CON
voyanocs. brought the addition OF
curiosity seekers OF an conditions and
both sexes. Some had interests at
stake ana were ON hand to watch news
and developments. but the majority
we're present simply as sight-socrs.
Toe galleries were filled to the utmost.
me measures already taken Tor the
tcliet OF the money market and other
| mcaaurcA projected, including the eX-
pressed intention Of the secretary OF
.ic treasury to Increase the govern
mcnt deposits with national banks. had
| their citcct In allhyiug apprehension.
The sharp recovery Ia prices OF some
| iradinS American stOcks Oh the Lon
Jon exchange this morning contributed
| 20 the same eject TIE feeling was,
heNcrthglots, feterish anu apprehcn-
| alNc. Tue adFaArg ln the Imperial
sank OF Germany snte VI discount
from TO per cent, ald the 5 per cent
difcount rate Ia Ecriin. caused unoasi-
neA1 not only ON their own account, but
| because thcy probably fOrtsnadoWcd
igfihgr advances Ia thi Bank OF Eng
land rate, aud resulting pressure Oh
! NCW YORK.
The br-kcrs ON tho noor were In
ttate OF Wild excitement, and the tur-
| mol M the signal sounded for the
opening was indescribablc. Tho course
"a the market cbbcd ana flowed many
times. prices mounting bouyantly ~
some points, while breaking anew at
other points. Those who had set
themselves the task OF supporting the
market evidently had thcir hands flili
and had to absorb a seemingly unend-
ing stream OF offerings u large blocks.
effort, IL waa 10 sustain and adyence
prices found lmportant assistanee from
| invostmcnt buvinf an a inr,,e scnic
which wns particularly manlfast In tho
bond dspnrtmcnt unlyers OF This
| piaaa digntnv1I ~ t,,.,,,i,r %, S,,.,ei,,
| ing prires and nnv nnnsid.rnhic rr.
| cnyerv i'm nrirss cn,,srJ a f,iiins on
| mn inter "A declipe ana a surresdin,,
upftirn. thSv cnmc In frrcc Nh. NM,
/ Inc ~ shorfr ysns alan in ia r,,.. yoI,,,.
| M rueh fImes
| Tho okoinvrn. al order. ,,,aa an ste,d
| liy absnrl.I that ~. sta,Gsrd r,,irnsd
| rfocr. b,,-,ir 49, +, ern,d ~ ,oi,,t q, 800,
| oncs 10 deriirc Th.r, 49, ,ycantion,
| here nnd therc ana Netrnnnl,,an rns,r
| pconi.'s IN. ,ind SOM, ~ H.. i,nn AMI
/ s,.ct stocts iscn, b,enkin, thr,nsh III
/ line like n nosvers,i socthsii' nisvsr ,,.v
| ing for roai Early in I'M. .scos,d ho,,r
| ,h..o a,,ncar.,d \, :, ,,,,,,,.s.t,,.. ,...'.s,
in nc,i,l,y ami 49, ~, ss ss,,r 49, ~
| Longer so severe f.hs nsr, oro,stions
aulckiy demonstrated n vislenr snecu-
| lntlve eonnIet Imn.ns, h,vins, nr,Iera
MAJ bsen dIs,r,hmta1 ,or H. .,,nSori
~ nrlccs Tbe nnentng shaSy.d SANE
| rains in corseo,,a,,ce ',.Stardtrs, ,r,,,
To- 4 points I'M n nutnber az imnortan,
| snecieitias inciudin,s ,rlnnoss'i ccnI
| Nam io.tha,. ,,r,',e,raa cnr,ensnt,t a.
a' ,vu,"er p.o,.,,rvu, NUn'ih.ni 20
| AL 81 10 nei,,tH a, ',t,,.H - ~
go s,,ets ~ 80, en,snte,,o,,s ,,,tm,
hsIn,, tn ~ WI Ssn,l,t %, t p,,h
sct,horr p,itra,1 t,ncx i.,sna ani
| ifUina p,siGn H.. ,'d,..,s,i's 49,
49,, ,.'. -, . IA - ,
49, n,t,, ,, I'LL ,. -. ,,' ~,
~ "u s luisN'g utyNc p.iees u,Mn-
49, sta,, III ~. ~
II,,SV, nsiiop IN s',i'' ruI"1s a"u
unlou fsclno zen bAe. from ! 70 '
~ Vt ~ w ti'',h, l,e.uIi''h 'N VI
Noel tppaSt", Lthhl slNnh,n hhu Mls-
' VIZ III, ~.
po.""; 'l.si, y, y. Ms
" eNilehce, ~ HrupklSir lrnhslt. when
Nl9fateu Mlthln rang OF spoul
pumihls geioW ~ hiSht Fever. hoDnoco
,uiIleu ieui nulhlA rom US npenlhs los.
put yIelueu hk,ih; ,sao,hb tenpeney
peeuHne senerel hitet we nist Few nln-
uies q, Uaulns' spvculaUon WIS ieN'r,
lsh, put mere was an uhdertohc OF
slrcnHth manifest throughout the divl;
uehu puylns rallrvaus rue noWnWuri
rush after the nigh opening forced
prices uoMn anywhere from 70
pnlnis' metropolitan street railway
leading; GOOD buying then appeared.
prices bounded UP American Tobacco
recovered nlne' Ihere were many con-
tpl,uously weak polhth' ihuuhIihl spec
lalueh lncNns support ana slvihs way
requently' IN the minor railway STOCKS
nnoelalllss moved doWnwhru, hVtnuly
thv touthWe.tcTh anu the eohl snAtes'
Hooking valley preferred snKsed sh'
~ ~ V'ovh Wy Hiurhet, Mhnu
quleier, was unsettled. put geherally
speaking, VIC lnteInItlvn1ls anu gram
gers M,I' tnIlN Won heiu WINE inc
inuuhtIlni snnrgH' rNSept TOT rev OF
the hlgn pllu.u HalSIs' were pulns
hnilllei'u chvls.t'eully' soules points
ul Wuuhh,sa w ~ Hs,onu nour were
nv Nsn,, ut"p p,up = 70 -
isoulsN - NortoIh Mes,urn pre-,
i,ii - h,,,bn " m, ~. rpm nhu
80 ii,, ieuei.i s.cui
S',J' ,Nt' "oVF' t,t s ,g 9nu
IL ~ p',, ~, I''9""'' i"-
e',rS, y, ~ ~" 4, es, N, IT,,
~ 49, y, sh -, 49,, " "vs , nhoNh tht,
~ ~ ,,,,ia ,',,i,,,s,f .,o ono ~ ~. y.
- A., ~ a.. -, =, IL ste,y ' W
~, H. ,,'hii a., -, w Ia ny Nv,
-" - ~ ~, s'u ~ " opyN,
-, ~ ri. ,.t,,s '"e '""S eN'ehuuu
M. chnreos H., honas ,,,oro o.o.o,
ingly Irregular, some advancing sharp
I